East China Engineering Science And Technology Co.Ltd(002140) subsidiary signed EPC contract for ammonium dihydrogen phosphate project

East China Engineering Science And Technology Co.Ltd(002140) 3 disclosed on March 11 that on March 10, the holding subsidiary Guizhou Donghua Engineering Co., Ltd. and Yunnan Sanhuan Sinochem chemical fertilizer Co., Ltd. officially signed the EPC contract of 100kt / a battery ammonium dihydrogen phosphate project in Kunming, Yunnan Province. The total contract price including tax is 319 million yuan. It is planned to complete the mechanical completion on August 21, 2022 and realize the chemical commissioning before August 31, 2022.

The scale of the contract project is 100kt / a ammonium dihydrogen phosphate for battery, and the extraction wet process phosphoric acid refining technology with independent intellectual property rights authorized by Yunnan Yuntianhua Co.Ltd(600096) Sichuan University is adopted; According to the feasibility study data provided by Yunnan Sanhuan, Guizhou Donghua completed the EPC of 100kt / a ammonium dihydrogen phosphate unit for battery and its supporting projects.

According to the company, the average annual contract amount of this contract accounts for about 12.26% of the audited operating revenue of the company in 2020. The smooth performance of this contract will have an impact on the operating revenue and operating performance of the company and Guizhou Donghua in 2022. The signing and performance of this contract will further improve the engineering performance of the company and Guizhou Donghua in the field of ammonium dihydrogen phosphate for batteries; It has no significant impact on the independence of the company and Guizhou Donghua’s main business.

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