Gem-Year Industrial (601002.SH) signed a contract for daily operations worth 352 million yuan.

Gem-Year Industrial (601002.SH) announced that the company recently signed a contract with Jingkun High-speed Railway Xikun Co., Ltd. for the supply of national railway group management supplies (high-speed buckle fittings) for the construction of the Ankang to Chongqing section of the Xi'an to Chongqing high-speed railway (Contract number: Xikun KY-JGWZ-2024-011) The contract amount is 352 million yuan. This contract is a routine business contract for the company and, given its amount, does not require approval from the company's board of directors or shareholders' meeting.