Group 1 - The company, *ST Weihai (002586)*, has formed a consortium with Zhejiang Provincial Water Resources and Hydropower Survey and Design Institute Co., Ltd. and Zhejiang Genwei Water Conservancy Construction Co., Ltd. to win the bid for the "Sanmen County Eastern Irrigation District Construction Project I Section EPC General Contracting" [1] - The contract amount is 599 million yuan, which accounts for 24.13% of the company's audited operating revenue for 2024 [1] - The execution of this contract is expected to have a positive impact on the company's future operating performance and will not affect the company's business independence [1]

Group 1 - The company *ST Weihai has announced that it is a candidate for the bid of the "Sanmen County Eastern Irrigation District Construction Project I Section EPC General Contracting" with a bid price of 599 million yuan [1] - The project, if awarded, is expected to have a positive impact on the company's future operating income and net profit [1] - The company is currently only a candidate for the bid, which means there is still a risk of not being awarded the contract [1]