300355SZSE
🚨 Material Event

Announcement on Signing EPC Contract for Project Engineering

✨ AI Summary

Mengcao Ecological Environment (Group) Co., Ltd. announced the signing of an EPC contract for the "Three-North" Phase VI Project in Alxa League, Inner Mongolia. The total contract value is RMB 277.28 million, with Mengcao's share being RMB 82.239 million. The project aims to treat desertification and is expected to positively impact the company's future operations.

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Securities Code: 300355

Securities Abbreviation: Mengcao Ecological

Announcement No.: 2026-044

Mengcao Ecological Environment (Group) Co., Ltd.

Announcement on Signing Project Engineering General Contract

The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

Special Notes:

  1. The performance of this project does 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.

  2. During the project 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 League Weilai Grassland Ecological Construction Co., Ltd. (hereinafter referred to as "Weilai Grassland"), China Railway Third Bureau Group Third Engineering Co., Ltd. (hereinafter referred to as "China Railway Third Bureau"), and Zhongke Guang Sheng Technology Co., Ltd. (hereinafter referred to as "Zhongke Guang Sheng") signed the "General Contract (EPC) for the 'Three-North' Phase VI Mengning Joint Prevention and Control Ulan Buh Desert Border Project in Alxa League, Inner Mongolia Autonomous Region" with the Alxa League High-tech Industrial Development Zone (Wusitai Town) Rural Revitalization Office (hereinafter referred to as "the Employer"). The contract amount is RMB 277,280,000. Among them, the contract amount corresponding to the Company as a member of the consortium is RMB 82,239,000, Weilai Grassland is RMB 109,652,000, China Railway Third Bureau is RMB 82,239,000, and Zhongke Guang Sheng is RMB 3,150,000. The Company disclosed the "Announcement on Receiving the Winning Notification" (Announcement No.: 2026-013) on March 19, 2026.

II. Introduction to the Counterparty

Enterprise Name: Alxa League High-tech Industrial Development Zone (Wusitai Town) Rural Revitalization Office

Unified Social Credit Code: 111529007830267242

Type: Administrative Institution

Enterprise Address: Alxa League Economic Development Zone

Description of Relationship: The Employer has no related party relationship with the Company and its controlling shareholder, actual controller, directors, and senior management. Upon inquiry, the Employer is not a dishonest judgment debtor.

Recent Similar Transactions with the Company in the Past Three Years: In 2025, the Company signed the "General Contract (EPC) for the 'Three-North' Phase VI Mengning Joint Prevention and Control Ulan Buh Desert Border Project in Alxa League, Inner Mongolia Autonomous Region" (2025) with the Employer, with a contract amount of RMB 131,946,000, accounting for 5.06% of the Company's audited operating income in 2025. The Company was responsible for 41.82% of the total construction tasks of this contract, corresponding to a contract amount of RMB 55,175,197, accounting for 2.12% of the Company's audited operating income in 2025.

Analysis of Performance Capability: The Employer has good credit standing and normal performance capability, and the risk of breach of contract is relatively small.

III. Introduction to Consortium Members

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