Group 1 - The company, Weihai Xinbeiyang Zhengqi Robot Co., Ltd., has won a bid for the China Post Group's mail processing facility outsourcing project in Changchun, Jilin Province, with a contract value of 105 million yuan, which will be settled based on actual business volume and service quality assessments [1][2] - The project will adopt a "equipment + sorting service" business model, which has become a crucial part of the company's strategic growth since it began this model in 2019, contributing to its "second strategic growth curve - service operation business" [1][2] - The company has been actively expanding its collaboration with China Post, having recently won multiple bids in various regions, which is expected to positively impact its market expansion and overall business performance in the logistics sorting sector [2]

Core Viewpoint - Shandong New Beiyang Information Technology Co., Ltd. announced that its subsidiary, Weihai New Beiyang Zhengqi Robot Co., Ltd., has won a bid for a project with China Post Group, with a total contract value of 105 million yuan over five years [1][2] Project Information Disclosure - The project, numbered 03-07-04A-2025-D-F-E23662, involves a "equipment + sorting service" business model, with the final settlement amount to be determined based on actual business volume and service quality assessments [2] Business Model as a Second Growth Curve - The "equipment + sorting service" model has been gradually implemented since 2019 and is a core part of the company's "second strategic growth curve - service operation business" [3] - This model leverages the company's self-developed "Kunlun Intelligent Sorting" software platform and core component technology to provide a comprehensive sorting solution for logistics clients [3] - The logistics industry is facing rising sorting costs, and the company aims to help clients enhance service quality and brand value through a combination of equipment and services [3] Deepening Cooperation with China Post - In 2023, the company has expanded its cooperation with China Post Group, winning multiple bids for mail processing projects in various regions, including Henan, Guizhou, and Jiangsu [4] - Successful implementation of these projects is expected to positively impact market expansion and operational performance in the logistics sorting sector [4]