Beijing GeoEnviron Engineering & Technology, Inc. (603588.SH) won the bid for the Huainan City water treatment and resource utilization project and the Jiujiang City environmental remediation project.

Beijing GeoEnviron Engineering & Technology, Inc. (603588.SH) announced that recently, the company received a "Notice of Winning Bid" from the engineering service center of Huainan Mining (Group) Co., Ltd., confirmed by Zhangji Coal Mine of Huainan Mining (Group) Co., Ltd., stating that the company, as a member of a consortium, was the winning bidder for the "Zhangji Coal Mine Phase II Engineering Mine Water Treatment and Resource Utilization Project (EPC) Engineering General Contract." Recently, the company received a "Notice of Winning Bid" from the Jiangxi Pengze Industrial Park Management Committee, stating that the company, as the leading unit of a consortium, was the winning bidder for the "Jiangxi Province Jiujiang City Pengze Jishan Industrial Park Underground Water Pollution Remediation and Risk Control Project Design, Procurement, and Construction EPC General Contract. After receiving the notice of winning bid, the company will negotiate with the bidders to sign the contract for the above projects. The winning bids for the above projects are expected to positively impact the company's future operating performance, but will not affect the independence of the company's business and operations.