Group 1 - Digital Zhengtong's wholly-owned subsidiary, Baoding Jindi Underground Pipeline Detection Engineering Co., Ltd., has successfully won the bid for the "Shanghe Economic Development Zone Smart Water Project Engineering General Contracting (EPC)" in Jinan, Shandong Province, with a bid amount of approximately 109 million yuan [1] - As of January to June 2025, Digital Zhengtong's revenue composition is entirely from the smart city management sector, accounting for 100.0% [1] - The current market capitalization of Digital Zhengtong is 10.1 billion yuan [1]