ADWAY (06189): Two project contracts have been signed, with a total contract value of approximately 73 million yuan.
Aidewei Construction Group (06189) announced that, alongside the steady recovery of the Chinese real estate market, the company's main business has continued to rebound this year. As of the date of this announcement, the company has signed 2 project contracts, with a total contract amount of approximately RMB 73 million (excluding VAT).
ADWAY (06189) announced that, alongside the steady recovery of the Chinese real estate market, the company's main business continued to improve this year. As of the date of this announcement, the company has signed two project contracts, with a total contract amount of approximately RMB 73 million (excluding VAT).
The company will continue to solidify its core business and explore development opportunities, focusing on optimizing revenue structure, controlling administrative expenses, and reducing non-essential capital expenditures, while also enhancing gross profit margins to maximize shareholder value. The company will regularly review its operational and financial conditions and is committed to improving business operations to comply with the requirements of Rule 13.24 of the Listing Rules. In the overall interest of the company and all shareholders, and to facilitate the prompt application for the resumption of trading of its shares, the company plans to submit all necessary materials to the Stock Exchange as soon as it completes a full operating cycle and can demonstrate that its business has sustainable operating capabilities and meets the compliance requirements of Rule 13.24.
The company will strictly adhere to the relevant requirements of the Listing Rules and will timely issue subsequent announcements to continuously disclose various significant operational changes to shareholders and potential investors, as well as publish quarterly updates in accordance with Rule 13.24A of the Listing Rules. The company will continue to work closely with various professional advisors and proactively take all necessary and reasonable measures to implement the resumption guidance, striving to achieve the early resumption of trading of its shares on the Stock Exchange.
Furthermore, the company's shares remain suspended.
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