Core Viewpoint - The company has received a letter of award from NK Petroleum Company Limited for the Naft Khana oilfield rehabilitation project, with a contract value of approximately $225.22 million, which is expected to significantly impact the company's revenue and market position in the Middle East [3][8]. Group 1: Project Overview - The company has been awarded the EPCOM contract for the Naft Khana oilfield rehabilitation project, with a total contract amount of $225,218,000, equivalent to approximately RMB 15.96 billion [3][5]. - The project will involve engineering, procurement, operation, and maintenance services, with a project duration of 18 months for temporary acceptance and an additional 36 months for operation and maintenance [6]. Group 2: Owner and Project Details - The owner of the project, NK Petroleum Company Limited, is primarily engaged in oil and gas development investments in Iraq, and there are no prior significant business dealings between the company and NK Petroleum [4]. - The project is located in the Naft Khana oilfield in Iraq [7]. Group 3: Impact on the Company - Winning this project is expected to strengthen the company's market position in the Middle East, enhance its competitiveness, and lay a solid foundation for further expansion into overseas markets [8]. - The contract amount represents 61.20% of the company's audited revenue for the fiscal year 2024, indicating a substantial positive impact on the company's financial performance for 2026-2027 [8].

Core Viewpoint - The company has been awarded a contract for the Naft Khana oilfield rehabilitation project in Iraq, confirming its role as the successful bidder for the project [1] Group 1 - The contract awarded to the company is for engineering, procurement, operation, and maintenance (EPCOM) services [1] - The total contract value is $225 million, equivalent to approximately 1.596 billion yuan [1]