Contract Signing Situation - Shenzhen Das Intelligent Co., Ltd. signed a project contract with MTR Corporation for the procurement of the comprehensive monitoring system for the Shenzhen Metro Line 13 Phase II, with a contract amount of 122 million CNY [1][5]. Project Basic Information - The project includes two parts: the southern extension of approximately 4.1 km with 3 stations and the northern extension of 19.25 km with 11 stations, including 5 transfer stations. The control center will be located at the Shenzhen Network Control Center (NOCC), and the line will operate in fully automated mode with trains running at 100 km/h [2][4]. Counterparty Information - The counterparty is engaged in the development and management of rail transit operation systems and has a good credit standing, with no significant risks related to performance or payment capabilities [3]. Impact on the Listed Company - The project aligns with the company's vision of becoming a leading smart space service provider, leveraging its AIoT platform to offer comprehensive smart transportation solutions. This contract reflects the recognition of the company's capabilities in the rail transit sector by the owner [3][4]. Financial Impact - The project amount of 121,600,866 CNY represents 3.83% of the company's audited revenue for 2024, and it is expected to positively impact the company's net profit in future years without significantly affecting the independence of its business [5].

Core Viewpoint - The company has signed a contract worth 122 million yuan with Hong Kong MTR Corporation and China Railway Electrification for the procurement of a comprehensive monitoring system for the Shenzhen Urban Rail Transit Line 13 Phase II project, which is expected to positively impact the company's future net profit [1] Group 1 - The contract amount for the project is 122 million yuan [1] - The project will utilize the company's self-developed AIoT intelligent IoT control platform [1] - The solution provided will be for the overall smart transportation system for both the northern and southern extensions of Shenzhen Urban Rail Transit Line 13 [1]

Project Overview - Shenzhen Dashi Intelligent Co., Ltd. has won a bid for the procurement project of the comprehensive monitoring system for the second phase of Shenzhen Metro Line 13, with a bid amount of 122 million yuan [1][5] - The project includes two parts: a south extension of approximately 4.1 km with 3 stations and a north extension of 19.25 km with 11 stations, including 5 transfer stations [1] Company and Counterparty Information - The counterparty, Hong Kong Railway Co., Ltd., operates the project and has a good credit standing, with no risks related to performance capability or payment ability [3] - The company has a history of transactions with the counterparty, with amounts of 10.01 million yuan, 30.03 million yuan, 35.03 million yuan, and 10.01 million yuan from 2022 to 2025, representing 2.09%, 5.75%, 6.26%, and 2.09% of the company's similar business revenue respectively [3] Impact on the Company - The project aligns with the company's vision of becoming a global leader in smart space services, utilizing its self-developed AIoT intelligent IoT control platform [3] - This project marks a continuation of the company's long-term cooperation with Hong Kong Railway, reflecting the owner's recognition of the company's comprehensive strength and service level in the rail transit field [3] Technological Integration - The project will utilize the company's AIoT platform, integrating technologies such as 5G/WIFI6, cloud computing, big data, and industrial IoT [4] - The design will focus on modularity, standardization, and service orientation, providing customized scenarios and emergency response capabilities [4] Financial Implications - The project amount of 121,600,866 yuan accounts for 3.83% of the company's audited revenue for 2024, and is expected to positively impact the company's net profit in future years [5]