Gelonghui May 11th 丨Huayang International (002949.SZ) announced that the company recently received the “Guanlan Middle School Renovation and Expansion Project General Contract (EPC) Contract”, “Municipal 21st High School Project General Contract (EPC) Contract” signed with the Shenzhen Longhua District Construction Services Department and the Shenzhen Longhua District Government Investment Project Preliminary Project Management Center (“Contractor”), the “Municipal 21st High School Engineering General Contract (EPC) Contract”, the “Hongshan Middle School High School Project General Contract (EPC) Contract”, the provisional total contract price in RMB1,546 billionyuan.

Project name: “Guanlan Middle School Renovation and Expansion, Municipal 21st High School, Hongshan Middle School High School General Contract (EPC)” project; construction scale: total construction area of 276,800 square meters, of which the total construction area of the Guanlan Middle School renovation and expansion project is 132,800 square meters, the total construction area of the 21st High School project in the city is 72,000 square meters, and the total construction area of the Hongshan Middle School High School Project is 72,000 square meters. The total price of the project contract is tentatively estimated in RMB1,546 billionYuan, including the provisional contract price for the Guanlan Middle School renovation and expansion project676 millionProvisional contract price agreement for the 21st High School project in Yuanshi435 millionProvisional contract price for the Yuan/ Hongshan Middle School High School Project435 millionyuan.

This project is a major engineering project carried out by the company under the EPC model. It has a positive impact on the company's expansion of EPC business. At the same time, it has a positive effect on the company's entire industrial chain layout led by design and development.