China Chemical Geotechnical: Disclosure of project order status and major project progress for Q4 2025
China Geo-Environment Technology Co., Ltd. announced that in the fourth quarter of 2025, they obtained 22 new engineering service contracts with a total amount of 58.8904 million yuan. By the end of the quarter, they had signed 199 unfinished orders with a total amount of 694 million yuan, and won 3 bids with a total amount of 8.2983 million yuan but have not yet signed the contracts. There were no major project wins in this quarter.
The contract amount for the municipal infrastructure project in the core area of Binhai in Wenzhou Economic and Technological Development Zone was 1.151 billion yuan, with a cumulative confirmed income of 923 million yuan by the end of December 2025. They have received 850 million yuan in engineering payments. Due to factors such as soft foundation treatment and extreme weather, the progress of the construction is lower than expected, but there are no significant risks in settlement and payment.
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