JINYAN KAOLIN (02693) has signed a construction procurement contract with Huai Mining Engineering.

JINYAN KAOLIN (02693) announced that on August 27, 2026, the company signed an engineering procurement contract with Huai Mining Engineering. According to this contract, Huai Mining Engineering will provide the company with services for the removal of the completed racks in the finished goods warehouse, installation of additional pile foundations, reinforcement of the reinstalled racks, and 11 other defect rectification works, for a total cost of 7 million RMB. During the full-load testing of the finished goods warehouse racks for the Jinyan High-tech No. 4 line project, safety hazards were identified due to tilting deformation of the rack structure. A qualified unit within Huai Mining Engineering will carry out the necessary rectifications, ensuring efficient and convenient internal communication and coordination. This will enable timely resolution of structural safety hazards, strict control of construction quality, accelerate the completion of defect rectification for the project, ensure the safe production of the warehouse in the future, and facilitate subsequent facility operation and maintenance management.