On January 1, Glonghui reported that FULONGMA GROUP (603686.SH) announced that it has been pre-selected for sanitation service projects in Guangxi Zhuang Autonomous Region, Tianjin, Shanxi Province, and other areas in December 2024. The company has pre-selected a total of 5 sanitation service projects this month, with an initial annual service fee amounting to 12.4974 million yuan (accounting for 0.40% of the company's audited revenue for 2023); the total contract amount is 33.9034 million yuan. As of the date of this announcement, the company has won a total of 52 sanitation service projects for 2024, with a total initial annual amount of 767.7697 million yuan and a total contract amount of 4607.1426 million yuan, which will have a positive impact on the company's operating performance in 2025 and beyond.
As of December 31, 2024, the company has an annualized contract amount of 4.27 billion yuan for sanitation service projects currently being performed, and the total accumulated contract amount is 34.73 billion yuan (including contract amounts for extended service periods and supplementary contract amounts for projects that have been won).