Subsidiary of Shanghai Geoharbour Construction Group Co., Ltd. (605598.SH) wins bid for approximately 1.4 billion yuan Dubai Island B island ground treatment project.

Shanghai Geoharbour Construction Group Co., Ltd. (605598.SH) announced that its subsidiary Geoharbour Middle East Construction L.L.C ("Dubai Harbour") recently received a bid notification from Dubai Islands L.L.C. confirming the winning bid for the ground treatment project on Island B of Dubai Islands. The total contract amount is 69.9751 million UAE dirhams, approximately 140 million RMB. On the market expansion front, the successful bid for this project is a favorable testament to the company's continued efforts in overseas markets, signaling further expansion in the Middle East market. This will enhance the company's brand influence and core competitiveness in the Middle East region, laying a solid foundation for the company to undertake larger and more complex projects in the future, further consolidating its leading position in the global geotechnical engineering field.