Quanyang Quan: Holding subsidiary wins bid for 148 million yuan in-flight drinking water procurement project.
Quanyangquan announced that its holding subsidiary Quanyangquan Beverage Company has received the "Winning Notification" and became the winning unit of the centralized procurement project for onboard drinking water of Nanhui Airlines in 2025, with a winning amount of 148 million yuan and a service period of three years from the date of contract signing. This project is used to supply water for Nanhui Airlines flights and is expected to have a positive impact on the company's performance. However, Quanyangquan Beverage Company has not yet signed the contract, and the implementation of the contract is subject to factors such as raw material prices, transportation costs, force majeure, etc., with uncertain profits and risks of repayment cycle for first delivery and then payment.
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