Core Viewpoint - Hans Group Holdings (00554.HK) announced a contract with new contractors for the second phase construction project, aiming to enhance its terminal storage business and increase revenue sources for shareholders [1] Group 1: Contract and Construction Details - The company’s subsidiary, Dongzhou International, has signed a contract with new contractors (Shanghai Guanzhuo, Guangzhou Guantong, and Lianyungang Busheng) for a total price of RMB 6.382 million for the procurement and installation of specific equipment and machinery for the second phase construction project [1] - Prior to appointing the new contractors, Dongzhou International had already engaged existing contractors for the current contracts related to the second phase construction project [1] Group 2: Strategic Goals and Market Position - The company is committed to seizing market opportunities and diversifying its terminal storage business to maximize value for shareholders [1] - The plan includes optimizing the utilization of remaining capacity at the terminal and vacant land at Dongzhou Petrochemical Warehouse, which is a strategic step towards transforming the facility into a more specialized and competitive asset [1] - The anticipated transformation is expected to strengthen Dongzhou International's market position, enhance operational efficiency, and meet the growing demand for liquefied hydrocarbon storage and processing [1] - Overall, these measures aim to ensure the long-term sustainability of the company's business while delivering greater value to shareholders [1]