QiaoYin City Management (002973.SZ) won a bid of about 719 million yuan for the urban sanitation marketization project in Pingyi County, Linyi City.

QiaoYin City Management (002973.SZ) announced that on November 8, 2024, it disclosed a "Notice of Estimated Winning Bid of 719 Million RMB Marketized Operation Project in Pingyi County, Linyi City, Shandong Province". Recently, the company has received the "Winning Bid Notification" for the project, with an estimated total bid amount of approximately 719 million RMB over 30 years. The above-mentioned project is part of the company's main business and is expected to have a positive impact on future market expansion and on the company's future operational performance.