Shudao Equipment (300540.SZ): The consortium signed a general contract of 377 million yuan

Zhitong Finance App News, Shudao Equipment (300540.SZ) issued an announcement. Recently, the company, as the consortium leader, Southwest Design Institute, Sichuan Road and Bridge Construction, and Jiangsu Tianmu as consortium members jointly signed the “150,000 tons/year Coke Oven Gas Comprehensive Utilization LNG Technology Transformation Project Engineering Design, Procurement, and Construction Consortium Contract (EPC)”. The total contract price including tax is about 377 million yuan.

The company is one of the first enterprises in China to enter the natural gas liquefaction and liquid air separation industry and master key technology in this field. It has the design and manufacturing capacity of 6 million square meters of natural gas (coalbed methane, coke oven gas) liquefaction equipment and liquid air separation units with a daily output of 1,000 tons. The product technical performance index is at the leading level in China. This participation in the coke oven gas comprehensive utilization LNG project helps enhance the company's market competitiveness in the cryogenic equipment manufacturing sector and plays an important role in promoting subsequent market expansion and continuous breakthroughs in related fields; it helps the company further consolidate its main business, conforms to the company's overall development strategy, and reflects customer recognition of the company's brand and market influence. The smooth execution of this contract is expected to have a positive impact on the company's financial situation and operating results for 2024 and future years.