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Chengdi Xiangjiang (603887.SH): 403 million yuan data center project general contract terminated due to increased industry competition and rising raw material prices

Zhitongcaijing·09/09/2026 10:33:09
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Zhitong Finance App News, Chengdi Xiangjiang (603887.SH) issued an announcement. After friendly discussions, the company's wholly-owned subsidiary, Xiangjiang System Engineering Co., Ltd. and Beijing Deang Intercom Internet Co., Ltd. agreed to cancel the “Innovative Industrial Base Project (Plant) Shuncheng 2 #楼云计算数据中心工程施工总承包合同》及相关协议。 The total amount of the original contract was 403 million yuan. Due to objective reasons such as increased competition in the industry and rising raw material prices, the price at the time the original contract was signed is now completely unenforceable. After cancellation, the original contract did not have any legal effect from beginning to end, and the parties to the contract are not liable for any breach of contract. It is estimated that the corresponding revenue that can be earned will be reduced by a total of about 403 million yuan.