Golden Honest: Undertake project contracts worth nearly 202 million yuan.
Kinchin Xin announced that the company has undertaken the excavation and installation project of the northern section of the Pu Lang copper mine phase I mining project of Yunnan Deqing Nonferrous Metals Co., Ltd. The contract document with signatures and seals has been obtained recently. The project is located in Deqing, Yunnan, with a duration of 2557 days. It is expected to commence from February 6, 2026 to 2033, subject to approval by the project owner. The contract is a comprehensive unit price contract, with an estimated total price of approximately 202 million yuan, subject to actual settlement. The performance of this contract will have a certain impact on the company's performance, but due to the long term, there are risks such as performance, force majeure, and high-risk operations.
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