Chengdu Xinzhu Road&Bridge Machinery Co LtdWon bid for Duolong Copper Mine project, expected to positively impact operating performance.

Tibet Shudao Clean Energy Company, a wholly owned subsidiary of Xinzhu, has won the bid for the Duolong Copper Mine temporary camp source-grid-load-storage project. The project is located in Gaize County, Ngari Prefecture, Tibet, and will build an off-grid microgrid system adapted to high-altitude and extreme cold conditions to meet the electricity needs of the mine's temporary camp, with a service period of three years. The company previously signed a framework cooperation agreement with Duolong Mining and established a project company, Tibet Qingneng. It has not yet received the bid award notice, and the bid announcement period runs until July 26, 2026. If the project is implemented smoothly, it will have a positive impact on the company's operating performance.
Chengdu Xinzhu Road&Bridge Machinery Co LtdWon bid for Duolong Copper Mine project, expected to positively impact operating performance.
Wholly owned subsidiary of Xinzhu that won the bid, directly benefits from the project.