SMM

Aerospace Engineering (603698.SH) announced that the company, as a contractor/leading participant, participated in the tender for the EPC project of the coal gasification unit in Phase I of the olefin, aromatic hydrocarbon, and deep processing project of the 15 million mt/year coal-based clean and efficient conversion demonstration project of Shaanxi Coal and Chemical Industry Group Yulin Chemical Co., Ltd. (hereinafter referred to as the Project). According to the recent announcement of the winning bidder candidates released by the bid inviter, the company is the first winning bidder candidate for the aforementioned project, with a total bid price of RMB 2.392 billion. After the signing of the formal contract for the Project and its smooth implementation, it will further enhance and consolidate the company's market competitiveness and market share.