Core Viewpoint - Shanghai Chengdi Xiangjiang Data Technology Co., Ltd. has made significant progress in the "EPC Engineering General Contracting for the Power System Construction Project of China Mobile Zhejiang Company 2025" by signing a "Joint Implementation Partnership Agreement" with its subsidiary Xiangjiang System Engineering Co., Ltd. and other consortium members [1][4]. Project Overview - The project involves the EPC engineering general contracting for a data center power system [1]. - The leading contractor is China Mobile Communications Group Design Institute Co., Ltd., with Xiangjiang System Engineering Co., Ltd. as a consortium member [4]. - The planned start date for the project is contingent upon the official commencement order from the client, with a total calendar duration of 70 days [1]. Financial Details - Major electrical and mechanical costs include: - Design fee (excluding tax): ¥1,869,322.72 [2] - Equipment purchase fee (excluding tax): ¥121,685,323.49 [2] - Construction and installation fee (excluding tax): ¥45,424,781.88 [2] - Contingency amount (excluding tax): ¥2,643,628.29 [2] - Minor electrical and mechanical costs include: - Design fee (excluding tax): ¥2,442,589.21 [2] - Equipment purchase fee (excluding tax): ¥201,728,138.08 [2] - Construction and installation fee (excluding tax): ¥60,517,424.15 [2] - Contingency amount (excluding tax): ¥3,562,978.53 [2] Responsibilities and Management - The leading contractor (A Party) is responsible for overall coordination, planning, management, and cost settlement, as well as engineering design and quality control [4]. - The consortium member (B Party) is responsible for the mechanical and electrical engineering works, including power supply, air conditioning, and other related construction tasks, under the management of the leading contractor [4]. Impact on Company - The signing of the "Implementation Agreement" is a further arrangement regarding project work and cost distribution, which is not expected to materially affect the project's progress [5]. - The subsidiary will complete the required work according to the project contract and the "Implementation Agreement," which is anticipated to positively impact the company's future revenue, subject to actual audit results [5].