Subsidiary of Tianjin Binhai Energy & Development (000695.SZ) signs approximately 220 million yuan project engineering contract.

Tianjin Binhai Energy & Development (000695.SZ) announced that its holding subsidiary Inner Mongolia Xiangfu New Energy Co., Ltd. has selected Xuyang Engineering Co., Ltd. as the general contractor for the first-phase finished product line and supporting facilities project of the 200,000 tons/year lithium battery negative electrode material integrated project. The two parties signed the project general contracting contract on March 27, 2026, and the estimated value of the contract (including costs and fees) is 220 million yuan (including tax).