Dongzhu Ecological Environment Protection (603359.SH): Jointly won the general contracting of the land consolidation project (EPC) in Xayaboury Province, Laos.
Dongzhu Ecological (603359.SH) announced that the consortium to which the company belongs recently received a bid from the tenderer, Asia Tobacco Works.
Dongzhu Ecological Environment Protection (603359.SH) announced that the consortium to which the company belongs has recently received the bid-winning notification from the bidding company, Asia Tobacco Industry Group Limited, confirming the consortium as the winning bidder for the land clearing project in Laos. The total investment for the project is estimated at 3.5 billion yuan, with the bid amount increased by 5%. The construction period is 36 months (3 years), and the project will be implemented following the principle of "enterprise-led, unified planning, construction and acceptance by region, and settlement upon completion."
The winning of the above project does not affect the independence of the company's business. This project is the company's first overseas bidding project, which will help enhance the company's internationalization level, increase its brand awareness, further enhance its core competitiveness, and provide more experience for the company's future overseas projects. Once the formal contract for the project is signed and successfully implemented, it will have a positive impact on the company's business performance.
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