Securities code: 002140 securities abbreviation: East China Engineering Science And Technology Co.Ltd(002140) Announcement No.: 2022-016 East China Engineering Science And Technology Co.Ltd(002140) about signing
Combined unit for removing ethanol in carbene technology methanol comprehensive utilization project
Announcement of EPC contract for projects other than
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
1、 Contract signing overview
On February 23, 2022, East China Engineering Science And Technology Co.Ltd(002140) (hereinafter referred to as "the company") and Anhui carbon Xin Technology Co., Ltd. (hereinafter referred to as "Anhui carbon Xin") officially signed the announcement of EPC contract of carbon Xin Technology methanol comprehensive utilization project excluding ethanol combined unit (hereinafter referred to as "the contract").
The contract shall come into force after being signed by representatives of both parties and affixed with official seals or special seals for contract; The subject matter of this contract is that the company, as the contractor, is responsible for the engineering design, procurement, construction, single machine commissioning, mechanical completion and all works before the intermediate handover of the above methanol comprehensive utilization project except the ethanol combined unit; The total contract price including tax is RMB 1698189959, and the intermediate handover time of the device is October 18, 2023.
The above EPC contract signed between the company and Anhui carbon Xin is a normal main business and does not need to be submitted to the board of directors for deliberation.
On December 22, 2021, the company published the announcement on receiving the letter of acceptance of general contracting (bid section II) of methanol comprehensive utilization project of Anhui carbon Xin Technology Co., Ltd. ( East China Engineering Science And Technology Co.Ltd(002140) No. 2021-103) in the securities times and cninfo.com.
2、 Introduction to the other party
Anhui carbon Xin was founded in March 2019. The enterprise type is limited liability company (sole proprietorship of legal person invested or controlled by non natural person), the unified social credit code is 91340600ma2tj8264w, the legal representative is Mr. Zhang Ping, and the registered capital is 600 million yuan, Located at the intersection of Linbai road and Huatuo Road, the new coal chemical synthetic material base in Lieshan District, Huaibei City, Anhui Province, it is mainly engaged in the technical consultation, technical service and technical development of carbon based new materials and chemical products, as well as the production and sales of chemical raw materials.
The shareholder of Anhui carbon Xin is Huaibei Mining Holdings Co.Ltd(600985) Co., Ltd., which is a large state-owned enterprise specializing in coal mining and related comprehensive utilization; The company has no relationship with Anhui carbon Xin and its shareholders. No similar business contract was signed with Anhui carbon Xin in the latest fiscal year.
As the construction and operation subject of the general contract project, Anhui carbon Xin has the ability to perform the project.
3、 Main terms of the contract
1. Effectiveness of the contract: the contract shall come into force after the representatives of both parties sign and affix the official seal or special seal for contract. If the time of signature and seal of both parties is inconsistent, the date of signature and seal of the last party shall prevail.
2. Project content and scale: the project takes the methanol from the existing methanol project of Anhui carbon Xin as the raw material, supporting the pulverized coal gasification unit to produce syngas, and separate CO and H2. After carbonylation and hydrogenation, it forms an annual output of 600000 tons of ethanol. The units of the project include but are not limited to coal gasification unit, purification unit, gas separation unit, ethanol unit and supporting public and auxiliary works required to realize the process of the project.
3. Construction site: Linhuan Industrial Park, Hancun Town, Suixi County, Huaibei City, Anhui Province.
4. Scope of work: the company is responsible for the engineering design, procurement and construction of all processes, general drawings, static equipment, dynamic equipment, pipelines, civil engineering (structure / building), etc. within the contract battery limit (excluding ethanol combined unit) and medium pipeline works outside the battery limit, and all work before the overall handover of the unit, as well as single machine commissioning All work from mechanical completion to intermediate handover, and provide technical guidance, support services and project defect elimination to Anhui carbon Xin in the stages of linkage commissioning, commissioning, start-up and performance assessment; At the same time, it undertakes the coordination work of the general sports institute.
5. Contract price and payment: the contract price is a fixed total price. The total contract price including tax is 1698189959 yuan, mainly including design fee, equipment purchase fee, material purchase fee, construction and installation engineering fee, general contract management fee, etc. Anhui carbon Xin will pay according to the types, amount and payment time of advance payment, project progress payment and other payments agreed in the contract.
6. Contract period: the intermediate handover time of the device is October 18, 2023.
7. Responsibilities of both parties: Anhui carbon Xin shall provide the project construction site and working conditions according to the provisions of the contract, and clarify the handover interface with the company; Be responsible for handling the license, approval or filing required by law or contract; Pay the contract price to the company in time according to the contract; Organize completion acceptance. The company shall complete all the work agreed in the contract according to the contract requirements, provide the engineering equipment and contractor's documents agreed in the contract, as well as the labor, materials, construction equipment and other items required to complete the contract work, and be responsible for the design, construction, operation, maintenance, management and demolition of temporary facilities according to the contract, and provide performance guarantee. The contract also stipulates intellectual property rights, insurance, force majeure, claims, dispute resolution and other matters.
4、 Impact of contract performance on the company
1. The impact of this contract on the company's financial situation and operating results
The total contract price including tax is RMB 1698189959, and the performance period is expected to be about 20 months. The average annual contract amount accounts for about 19.55% of the company's audited operating revenue in 2020. The smooth performance of this contract will have an impact on the company's operating revenue and operating performance in 2022, 2023 and other years.
2. Impact of this contract on the company's business
The signing and performance of this contract will further improve the engineering performance of the company in the field of coal chemical construction; It has no significant impact on the independence of the company's main business.
5、 Possible risks in contract performance
The company has rich engineering construction achievements in the field of coal chemical engineering and has the ability to perform the contract; There may be risks caused by force majeure in this contract. Please make careful decisions and pay attention to investment risks.
6、 Documents for future reference
The company signed the EPC contract for the methanol comprehensive utilization project of carbon Xin Technology excluding the ethanol combined unit with Anhui carbon Xin.
It is hereby announced.
East China Engineering Science And Technology Co.Ltd(002140) board of directors
February 23, 2002
