Core Viewpoint - The company has secured the concession for the construction and operation of the Huixian to Juancheng (Yulu Border) Expressway, with a total investment of 6.49 billion yuan, structured under a 33.25-year concession model, which includes a construction period of 3.5 years and a toll collection period of 29.75 years [2][19]. Group 1: Project Overview - The Huixian to Juancheng (Yulu Border) Expressway is part of the new highway construction projects in Henan Province, aiming to enhance connectivity and avoid becoming a bottleneck in the transportation network [17]. - The project spans 50.32 kilometers, designed as a four-lane expressway with a speed limit of 120 km/h, and includes various infrastructure components such as bridges, tunnels, and traffic facilities [17]. Group 2: Investment Structure - The project will be executed under a Build-Operate-Transfer (BOT) model, where the project company is responsible for financing, construction, operation, and management throughout the concession period [18]. - The consortium involved in the project includes Shanghai Tunnel Engineering Co., Ltd. and several subsidiaries, with a significant shareholding structure [7][12][13][14][15]. Group 3: Financial Implications - The total investment for the project is estimated at 6.49 billion yuan, with construction costs accounting for 4.261 billion yuan [2][17]. - The project is expected to enhance the company's capabilities in traditional infrastructure construction and provide opportunities for its emerging business sectors, such as smart operations and digitalization [19]. Group 4: Risk Factors - The project faces various risks, including policy changes, market fluctuations, construction challenges, operational costs, and financing issues, which could impact its overall success [4][5][6][20][21]. - Mitigation strategies have been outlined to address these risks, such as engaging with government bodies, conducting professional traffic forecasts, and exploring diverse financing options [22][23][24][25][26][27].

Core Viewpoint - The company announced that its subsidiary consortium has won the bid for the Huixian to Juancheng (Yulu Border) Expressway project, with a total investment of 6.49 billion yuan [1] Group 1: Project Details - The project involves a total investment of 6.49 billion yuan [1] - It will adopt a "public-private partnership" model with a cooperation period of 33.25 years, including a preliminary and construction period of 3.5 years and a tolling period of 29.75 years [1] Group 2: Risks and Mitigation - The project may face various risks, including policy risk, market risk, preliminary risk, construction risk, operational risk, and financing risk [1] - The company plans to enhance communication with government departments to stay informed about policy dynamics and take measures to address various risks [1]

Core Viewpoint - The company announced that its subsidiary consortium, including Shanghai Jianzhu and Henan Jianda, won the bid for the Huixian to Juancheng (Yulu boundary) expressway project, which is expected to enhance its traditional infrastructure business and provide application scenarios for emerging businesses [1] Group 1 - The project is structured as a "public-private partnership" with a cooperation period of 33.25 years [1] - The estimated total investment for the project is 6.49 billion yuan, with construction and installation costs amounting to 4.261 billion yuan [1] - The project is anticipated to drive the company's traditional infrastructure business [1] Group 2 - The company has identified potential risks related to policy, market, and construction aspects of the project [1] - Corresponding countermeasures have been developed to address these risks [1]