The Explosives Corporation (002096.SZ) subsidiary has won a total of 1.694 billion RMB in blasting service projects.

Explosives Corporation (002096.SZ) announced that its subsidiary, China Gezhouba Group Explosives Corporation Limited, has recently received bidding notices from China Three Gorges Group and Tibet Jinlong Mining Co., Ltd., confirming that China Gezhouba Group Explosives Corporation Limited has been awarded the centralized procurement contracts for mixed explosives and blasting services for the Three Gorges Waterway New Channel Project and the integrated blasting service (BOO mode) for the Tibet Jinlong Mining Co., Ltd. 1# Project. The total contract amount for this bid is approximately 1.694 billion yuan, accounting for approximately 17.23% of the company's audited revenue for the year 2025. After the formal contract is signed and successfully implemented, it will have a positive impact on the company's business growth, operational performance improvement, and brand influence shaping.