Jiangxi Hongcheng Environment's subsidiary consortium wins bid for 853 million yuan project.
Hongcheng Environment (600461.SH) announced that its wholly-owned subsidiary, Jiangxi Hongcheng Environmental Construction Engineering Co., Ltd. (referred to as the "Engineering Company"), recently received the "Bid Notification" (Gan Jian Hong Xin Jian Zhao Zi [2025] No. 010) from Nanchang Xinxin Water Development Co., Ltd., confirming that the Engineering Company (the leader of the consortium) and Nanjing City Urban Planning and Design Research Institute Group Co., Ltd. (a member of the consortium) have been awarded the bid for the "EPC Turnkey Contract for the Construction of Nanchang Xingjian Economic Development Zone Sewage Treatment Plant and Integrated Pipe Network Project". The bid amount for the project is 853 million yuan.
Jiangxi Hongcheng Environment (600461.SH) announced that its fully-owned subsidiary, Jiangxi Hongcheng Environment Construction Engineering Co., Ltd. ("Engineering Company"), recently received a "Notice of Bid Award" from Nanchang Xinwang Water Development Co., Ltd. (Bid No. GJHXZ-2025-010), confirming the Engineering Company (as the leader of a consortium) and Nanchang Urban Planning Design Research Institute Group Co., Ltd. (as a member of the consortium) as the winning bidder for the "Nanchang Xinjian Economic Development Zone Sewage Treatment Plant and Integrated Pipe Network Project EPC General Contracting" project, with a bid amount of 853 million yuan.
Taking on the Nanchang Xinjian Economic Development Zone Sewage Treatment Plant and Integrated Pipe Network Project EPC General Contracting project, in accordance with the national policy of sewage plant and network integration, will strengthen and expand the company's water engineering business sector. It will also significantly improve the infrastructure level of the new development zone by establishing a coordinated sewage treatment system. This project will address issues such as inadequate coverage of existing pipe networks and weak sewage collection and treatment capacities, providing solid environmental infrastructure support for the development of industries and population gathering in the new development zone. If the project contract is formally signed and successfully implemented, it will help expand the company's operational scale, positively impact the company's performance in the current and future years, and enhance the company's sustainable profitability.
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