Securities Code: 300355
Securities Abbreviation: Mengcao Ecological
Announcement No.: 2026-043
Mengcao Ecological Environment (Group) Co., Ltd.
Announcement on Signing Project Construction Contract
The company and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Special Reminders:
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The performance of this project will not affect the independence of the company's business, and the smooth implementation of the contract will have a positive impact on the company's operations.
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During the construction period, extreme weather or other natural disasters may cause delays in the construction period and failure to meet quality requirements as agreed, thus bringing the risk of not being able to accept the project in a timely manner.
I. Contract Signing Overview
Recently, Mengcao Ecological Environment (Group) Co., Ltd. (hereinafter referred to as "the Company" or "Mengcao Ecological"), Alxa Left Banner Blue Horse Landscape Ecological Construction Co., Ltd. (hereinafter referred to as "Blue Horse Landscape"), and Alxa Left Banner Science, Technology and Forestry and Grassland Bureau (hereinafter referred to as "the Employer") signed the "Construction Contract for the Three-North Phase VI - Tengger Desert Afforestation and Grassland Consolidation Project in Alxa League, Inner Mongolia Autonomous Region". The contract amount is 310,861,200 yuan. Among them, the company, as a member of the consortium, undertakes approximately 77.8% of the comprehensive land treatment area of this project, with a corresponding contract amount of 241,890,985 yuan; Blue Horse Landscape undertakes approximately 22.2% of the treatment area, with a corresponding contract amount of 68,970,215 yuan. The company disclosed the "Announcement on Receiving the Winning Notification" (Announcement No.: 2026-041) on May 21, 2026.
II. Introduction of the Counterparty
Enterprise Name: Alxa Left Banner Science, Technology and Forestry and Grassland Bureau
Unified Social Credit Code: 1115292101176513XB
Type: Administrative Institution
Enterprise Address: Linshui Building, West District, Bayan Hot Town, Alxa Left Banner, Inner Mongolia Autonomous Region
Relationship Description: The Employer has no relationship with the Company and its controlling shareholder, actual controller, directors, and senior management. After inquiry, the Employer is not a dishonest judgment debtor.
Similar Transactions with the Company in the Past Three Years: In 2025, the Company signed the "Construction Contract for the Three-North Phase VI - Tengger Desert Afforestation and Grassland Consolidation Project in Alxa League, Inner Mongolia Autonomous Region" with the Employer. The contract amount was 204,281,144.60 yuan, accounting for 7.84% of the Company's audited operating income in 2025. The Company undertook 77.22% of the construction tasks of this contract, with a corresponding contract amount of 157,745,899.86 yuan, accounting for 6.05% of the Company's audited operating income in 2025. In 2024, the Company signed the "Construction Contract for the Desertification Control Project in Western Inner Mongolia (Phase II) - Natural Forest Protection and Afforestation in Alxa League" with the Employer, with a contract amount of 102,074,288.20 yuan, accounting for 4.76% of the Company's audited operating income in 2024.
Solvency Analysis: The Employer has good credit standing and normal solvency, and the risk of default is relatively small.
III. Introduction of Consortium Members