Core Viewpoint - Yuanhang Port (08502.HK) announced a contract with Zhongli Construction for equipment procurement and installation, valued at approximately RMB 29 million, aimed at upgrading outdated equipment and enhancing operational capabilities [1] Group 1: Contract Details - The contract was signed on January 20, 2026, between Chizhou Port Holdings (indirectly 72% owned by the company) and the contractor Zhongli Construction [1] - The total cost of the equipment construction work is approximately RMB 29,001,000 [1] Group 2: Purpose and Benefits - The equipment construction is necessary for upgrading the facilities at the Chizhou Jiangkou Port area, which involves phasing out outdated technology [1] - The upgrade will enhance the company's technical standards and allow it to benefit from national policy support [1] - Additionally, the construction will meet the planning and environmental requirements of the Jiangkou Port area, contributing to the long-term development of Chizhou Port Holdings' port operations [1] - This initiative is expected to improve the company's competitiveness in the inland port operator market in Chizhou, Anhui Province, China [1]