2024-09-19-港交所-沈阳公用发展股份_2024年中期报告_42页_5mb

Cost Savings Insights of the Zhongfang Chaozhou Jing Nan Industrial Park Project

• Revenue Growth: In the 2024 interim period, the project contributed approximately 4,710,000 RMB in revenue from infrastructure construction business, a significant increase from the 2023 same period (0 RMB), primarily due to project settlement being completed in April 2024 after collaborative reviews.
• Settlement Process: The project, initially delayed in 2023 during and after pandemic control lifts, was fully settled in line with government and shareholders' approval, resolving issues related to delays caused by national celebrations and COVID-19.
• Cost-Effectiveness: Enhanced collaboration between the company, local government, and contractors facilitated efficient cost management, contributing to profitability.
• Future Implications: The project's success underscores the group's ability to optimize costs and ensure timely settlements, potentially influencing its approach to ongoing and new infrastructure projects.
• Management Commentary: The CEO noted, “This reflects our commitment to prudence and cost control, aligning with our strategy to achieve sustainable growth.”