On March 21, Hengtong Photoelectric issued an announcement about winning the bid for the marine energy project, indicating that, Jiangsu Hengtong Photoelectric Co., Ltd. and its controlling subsidiaries, Jiangsu Hengtong High Voltage Marine Cable Co.,., Hengtong Marine Engineering Co., Ltd., Jiangsu Hengtong Lande Marine Engineering Co., Ltd., and Jieyang Hengong Marine Technology Co., Ltd. have successively received the "Notice of Award" or signed the project contract, confirming the winning of domestic and foreign marine energy projects with a total bid amount of 1.133 billion yuan. The company stated that the continuous winning of domestic and foreign offshore wind power and marine oil and projects reflects the company's comprehensive technical strength in the field of marine energy, which is conducive to further enhancing and consolidating the company's brand influence in the field marine energy. The cumulative amount of winning and signing contracts in recent days is about 1133 million yuan, accounting for 2.38% of the companys audited operating income in 2023. It is expected that the performance of this batch of project contracts will have a certain positive impact on the company's future performance.
The following is a specific project situation:
01.
Project Name: Central East Sea Cable Project
Winning Unit: Jiangsu Hengtong Optoelectronics Co, Ltd. Winning Content: Procurement of Submarine Cable Project Amount: Approximately 449 million RMB.
02Project Name: Offshore Power Application Project of the Booming Oilfield Group; Centralized Procurement Project of Submarine Cable and Accessories Procurement and Laying (PC); Special Bidding Project of 220kV Submarine Cable of China Southern Power Grid Co., Ltd. Guangxi Wuzhen Island CrossSea Interconnection Project; State Grid Corporation of China Wenzhou Dongtou Changqing Project Winning Unit: Jiangsu Hengtong High Vol Sea Cable Co., Ltd. Winning Content: Procurement and Construction Laying of Cables and Accessories, 220kV Submarine, 110kV Submarine Cable Project Amount: 433 million RMB (including tax)
03 Project Name: Guxi Wuzhen Island Cross-Sea Interconnection Project Construction Project; 400MW Photovoltaic Power Station Project of Guohua Rudong Photovtaic Hydrogen Storage Integration Project; Shenneng Hainan CZ2 Offshore Wind Power Demonstration Project Winning Unit: Hengtong Marine Engineering., Ltd. Winning Content: 220kV Submarine Cable Laying and Labor Construction of Ancillary Facilities, Ship Leasing Projectount: 113 million RMB (including tax)
04 Project Name: Yuegang 2nd Offshore Wind Power Project; Jinshan Off Wind Power Farm Phase I Project Winning Unit: Jiangsu Hengtong Lander Marine Engineering Co., Ltd. Winning Content: Wind Tine Installation; Wind Turbine Hoisting Vessel Leasing Project Amount: 0.79 billion RMB (including tax)
05 Name: Malaysia Project; Wuzhen 11-6 Oilfield Development Project Winning Unit: Jieyang Hengtong Marine Technology Co., Ltd Winning Content: Marine Pipe; Static Flexible Pipe Project Amount: Approximately 0.59 billion RMB
HENGTONG |
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