003001SZSE
🚨 Material Event

Announcement on the "Quality and Return Double Enhancement" Action Plan

Zhongyan Technology Co., Ltd.··6 pages

✨ AI Summary

Beijing Zhongyan Great Wall Technology Co., Ltd. announces its "Quality and Return Double Enhancement" Action Plan, aligning with central government directives and SZSE initiatives. The plan focuses on core business development, innovation-driven growth, improved corporate governance, and enhanced investor returns through dividends and share buybacks. The goal is to boost investor confidence and promote sustainable, high-quality development.

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Full Translation

AI Translation· gemini_document

Beijing Zhongyan Great Wall Technology Co., Ltd. (hereinafter referred to as the "Company") has formulated the "Quality and Return Double Enhancement" Action Plan to thoroughly implement the spirit of the Central Political Bureau meeting's call to "activate the capital market and boost investor confidence" and the State Council Executive Meeting's requirement to "vigorously enhance the quality and investment value of listed companies, and take more forceful and effective measures to stabilize the market and confidence." This initiative actively responds to the Shenzhen Stock Exchange's call to deeply carry out the "Quality and Return Double Enhancement" special action for Shenzhen-listed companies. Based on the Company's development strategy, operating conditions, and financial situation, and to safeguard the interests of all shareholders, enhance investor confidence, and promote the Company's sustained high-quality and healthy development, the "Quality and Return Double Enhancement" Action Plan has been formulated.

This plan has been reviewed and approved by the seventh meeting of the fourth Board of Directors of the Company. The specific measures are as follows:

I. Focusing on Core Business Development and Diversified Industrial Layout

The Company's main business is geotechnical engineering services, covering design consulting, construction, and material sales, providing customers with integrated solutions. Through years of accumulation and development, the Company possesses a series of necessary business qualifications in the geotechnical engineering field, including Grade I Professional Contracting Qualification for Foundation Engineering, Grade A Qualification for Geotechnical Engineering Design, and Professional Contracting Qualification for Special Engineering (building settlement control and leveling, structural reinforcement) of all grades. It is a comprehensive service provider integrating general contracting, specialized contracting, surveying, design, and construction.

Since its establishment, the Company has consistently focused on the geotechnical engineering field. Leveraging its dual accumulation of technological research and development and engineering practice, it has participated in numerous key national projects such as the Zhangjinggao Bridge, Sanmen Nuclear Power Plant, Xuyi Nuclear Power Plant, Taipingling Nuclear Power Plant, Taishan Nuclear Power Plant, Zhaoyuan Nuclear Power Plant, San'ao Nuclear Power Plant, Fangchenggang Nuclear Power Plant, a key port in Zhejiang Province, a western hydropower project, the Pinglu Canal, and the second phase of the National Convention Center and the Xiong'an Station of the intercity railway in Xiong'an New Area, accumulating profound industry experience.

In terms of customer resources, the Company focuses on high-barrier strategic industries such as nuclear power, ports, and water conservancy and hydropower. With its deep engineering practice experience and comprehensive service capabilities, it provides integrated geotechnical solutions to customers through an think tank model. Currently, the Company has established cooperative relationships with well-known domestic enterprises such as China Nuclear Engineering No. 22 Construction Co., Ltd. (hereinafter referred to as "CNEC 22"), China Gezhouba Group Municipal Engineering Co., Ltd. (hereinafter referred to as "Gezhouba Municipal"), and China Hydropower Foundation Engineering Bureau Co., Ltd., laying a solid foundation for sustained business development. The Company has signed strategic cooperation agreements with CNEC 22 and Gezhouba Municipal. Furthermore, the Company was awarded the "2025 Emerging Breakthrough Award" by CNEC 22 and obtained the qualification of a qualified supplier of China National Nuclear Corporation (hereinafter referred to as "CNNC"). This certification allows the Company to provide geotechnical engineering services to CNNC and its subsidiaries, laying a solid foundation for deeper cooperation in the nuclear power engineering field in the future.

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