Edwin Construction Group (06189): It has signed 2 project contracts with a total contract value of about 73 million yuan

According to the Zhitong Finance App, Edwin Construction Group (06189) issued an announcement. Along with the steady recovery of the Chinese real estate market, the company's main business continued to pick up and recover this year. As of the date of this announcement, the company has signed 2 project contracts, with a total contract amount of about RMB 73 million (excluding VAT).

The company will continue to consolidate its core business and explore development opportunities, focusing on optimizing the revenue structure, controlling administrative expenses, reducing non-essential capital expenses, while increasing gross profit margin and maximizing shareholder value. The company will regularly review its operating and financial situation, and strive to improve business operations to re-meet the requirements of section 13.24 of the Listing Rules. For the overall benefit of the company and all shareholders, and to apply for the resumption of stock trading as soon as possible, the company plans to submit all required information to the Stock Exchange as soon as possible after completing the full business cycle, being able to prove that the business has the ability to operate sustainably, and meets the compliance requirements of section 13.24.

The company will strictly comply with the relevant requirements of the “Listing Rules”, issue follow-up announcements in due course, continue to disclose various major business changes to shareholders and potential investors, and publish quarterly update announcements on a regular basis in accordance with section 13.24A of the “Listing Rules”. The company will continue to work closely with various professional advisors, take the initiative to take all necessary and reasonable measures to implement the resumption guidelines, and strive to resume trading of the company's shares on the Stock Exchange as soon as possible.

Furthermore, trading of the company's shares continues to be suspended.