Group 1 - The company signed a routine operational contract with a total amount of 1,101,057,889.70 yuan (approximately 1.1 billion yuan) [2][3] - The contract is effective upon signature by the legal representatives or authorized agents of both parties and will be executed according to the terms of the agreement [2][3] - This contract does not constitute a related party transaction or a major asset restructuring [2][3] Group 2 - The contract is expected to positively impact the company's business development and performance [2][10] - The company has followed the internal approval procedures for signing this agreement and does not require board or shareholder meeting approval [6] - The contract involves a clean mechanical and electrical engineering project, with the company acting as the contractor alongside China State Construction Engineering Corporation [3][7] Group 3 - Payment will be made in stages, including advance payment, progress payments, acceptance payments, settlement payments, and quality assurance funds [8] - Any disputes arising from the contract will be resolved through negotiation, and if unsuccessful, can be taken to a competent court [9] - The company and its subsidiaries have no related relationship with the client involved in this contract [7]

Core Viewpoint - The company signed a contract for a clean mechanical and electrical engineering project with a total amount of 1.101 billion yuan (including tax), which is expected to positively impact its business development and performance [1]. Group 1 - The total contract amount is 1.101 billion yuan (including tax) [1]. - The signing of this routine business contract is beneficial for the company's business development [1]. - The execution of this contract will not affect the company's business independence or create dependency on the contracting party [1].