Sichuan Express (00107) subsidiary enters into sand and gravel purchase contract.
The Sichuan-Chongqing Expressway (00107) issued a notice that on October 22, 2025, the company's indirect non-wholly owned...
Sichuan Express (00107) announced that on October 22, 2025, its indirect non-wholly-owned subsidiary, Xingshu Supply Chain Company, entered into a sand and gravel procurement contract with the purchaser (the LM project manager of Jiangjian Lingzhou Construction Tianmei Le Expressway Project). According to the contract, Xingshu Supply Chain Company will supply sand, crushed stone, and other materials. The total amount of supply will be based on the quantity accepted by the purchaser, and the total transaction amount is expected to be no more than 100 million yuan (tax included). The unit price of sand and gravel in the procurement contract is determined through competitive negotiations for the LM3 project materials procurement of the Tianmei Le Expressway Project.
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