Securities code: East Group Co.Ltd(300376) securities abbreviation: East Group Co.Ltd(300376) Announcement No.: 2022036 East Group Co.Ltd(300376)
Announcement on the company’s winning the bid for the general contracting project of wind power generation project
The company and all members of the board of directors guarantee that the information disclosure is true, accurate and complete without false records, misleading statements or major omissions.
1、 Overview of bid winning
East Group Co.Ltd(300376) (hereinafter referred to as “the company”) recently received the letter of acceptance issued by Changji Guotou Xin Energy Development Co., Ltd. and Xinjiang Changsheng Strategic Project Management Co., Ltd. After evaluation, the company was confirmed as the bid winner in the bidding. The details are hereby announced as follows:
1. Project Name: PC general contracting of 100000 kW wind power project of 40 wells in Xinneng Mulei 2. Project address: Mulei County, Changji Hui Autonomous Prefecture, Xinjiang Uygur Autonomous Region
3. Construction scale: Xinneng Mulei 40 Jingzi 100000 kW wind power generation project, with an installed capacity of 100MW, plans to install 16 wind turbines with a single unit capacity of 6.25mw, and build a new 35kV switching station. After the 100MW wind power is installed in the 35kV switching station collection yard, it will be connected to the 40 Jingzi 220kV collection stations of state power investment Mulei by four 35kV lines, and then sent to Mulei 750kV substation through 220kV lines.
4. Bid winner: East Group Co.Ltd(300376)
5. Scope of bid winning project: procurement, expediting, transportation, insurance, pick-up, unloading, arrival acceptance, warehousing, function test, etc. of all equipment and materials required for the project; The wind turbine foundation works, road works, switchyard works, line works, equipment installation and commissioning, grid connection formalities handling and completion of all works of the project to achieve the purpose of production.
6. Bid winning project price: 334991700 yuan
7. Construction period of the bid winning project: it is planned to start on May 10, 2022 and complete on October 10, 2022, with a total construction period of 153 days (calendar days).
2、 Basic information of counterparty
(I) basic information of the tenderee
1. Name: Changji Guotou Xin Energy Development Co., Ltd
2. Type: limited liability company (state-owned holding)
3. Registered address: Room 204, comprehensive office building, national embroidery culture industrial park, No. 898, Yuanyuan East Road, Mulei Kazak Autonomous County, Changji Hui Autonomous Prefecture, Xinjiang
4. Legal representative: Zhang Zhen
5. Registered capital: 50 million yuan
6. Date of establishment: October 21, 2021
7. Business scope: licensed projects: power generation business, power transmission business, power supply (distribution) business; Hydropower; Power supply business; Installation, maintenance and test of power transmission, power supply and receiving facilities. (for projects that must be approved according to law, business activities can be carried out only after being approved by relevant departments, and the specific business projects shall be subject to the approval documents or licenses of relevant departments) general projects: wind power generation technical services; Sales of wind turbine units and parts; Information technology consulting services Cecep Solar Energy Co.Ltd(000591) power generation technology service; Sales of photovoltaic equipment and components; Research and development of emerging energy technologies; Engage in investment activities with its own funds. (except for the items that must be approved according to law, the company shall independently carry out business activities according to law with its business license)
8. Related relationship: the company has no related relationship with Changji Guotou Xin Energy Development Co., Ltd.
(II) similar transactions
The company has not had similar transactions with Changji Guotou Xin Energy Development Co., Ltd. in the past three years.
(III) performance capability analysis
As a state-owned enterprise, Changji Guotou Xin Energy Development Co., Ltd. has good operation, sufficient funds, good credit standing and strong performance ability. It is not a dishonest executee.
3、 Impact of winning the bid on the company
In recent years, the company has continued to develop EPC and PC project businesses in new energy (such as photovoltaic power generation, wind power generation, energy storage system, etc.). As the general contractor of the sample project, the company has important positive significance, highlights the technical leading position and competitive advantage of the company’s new energy and energy storage system products and engineering capacity, effectively improves the market influence of the company’s brand, and brings demonstration effect, which is conducive to the market promotion of the company’s business, further seizing market share, the continuous improvement of the company’s business performance, and will not affect the independence of the company. At the same time, it is expected to have a positive impact on the company’s performance in 2022, but it will not affect the independence of the company’s operation, and the company’s main business will not become dependent due to the performance of this contract.
4、 Risk tips
The bid winning quantity and amount of this bid winning project shall be subject to the actually signed contract. As of the disclosure date of this announcement, the company has not signed a formal contract, and the specific terms are still uncertain. Please pay attention to investment risks.
It is hereby announced.
East Group Co.Ltd(300376) board of directors
May 4, 2022
