Poly Union (002037.SZ): Renewed the contract for the Santanghu coal mine mining project in Hami, Xinjiang, with an estimated total price of about 4.2 billion yuan

Zhitong Finance App News, Poly Union (002037.SZ) issued an announcement. Recently, the company's subsidiary Poly Xinlian Blasting Engineering Group Co., Ltd. and the contractor, Xinjiang Hami Santanghu Energy Development and Construction Co., Ltd., signed the “Supplementary Agreement on Mining and Stripping Project Contract Renewal and Price Adjustment”. The renewal service period is 3 years, from September 19, 2026 to September 18, 2029, or the actual project volume of 300 million cubic meters. The two have reached the completion of one of their contracts. The estimated total contract price is about 4.2 billion yuan.

This renewal project is the customer's recognition of the company's ability to integrate mine blasting services. It is conducive to further improving the company's comprehensive mine project management capabilities and laying a solid foundation for the company to further develop the field of mine blasting services. The implementation of the project is expected to have a positive impact on the company's financial situation and operating results for the next year.