SICHUAN EXPRESS (00107) and Sichuan Hongda have entered into a flotation phosphate concentrate transportation contract.

SICHUAN EXPRESS (00107) announced that on August 28, 2025, the company's indirectly wholly-owned subsidiary, Chengyu Logistics, entered into a contract with Sichuan Hongda for the transportation of flotation phosphorite concentrate. Chengyu Logistics will provide transportation services for flotation phosphorite concentrate to Sichuan Hongda, with the total service fee expected to be capped at RMB 61.2 million. Prior to this, Sichuan Hongda had conducted an open tender for transportation service providers, and Chengyu Logistics ultimately won the bid.