Wabei.com reported on April 6 that China National Petroleum Engineering (600339) issued an announcement stating that recently, China International Engineering Co., Ltd., a subsidiary of China Petroleum Group Engineering Co., Ltd. and Shaanxi Coal Group Yulin Chemical Co., Ltd. officially signed the EPCM general contracting contract for the first, second and third sections of the EPCM general contracting project, including the first, second and third phase of the coal-sized utilization chemical new material demonstration project (including the pyrolysis start project of the 15 million tons/year coal-sized high-efficiency conversion demonstration project pyrolysis start project) of the entire plant engineering, public engineering, auxiliary facilities, storage and transportation facilities projects, engineering supporting circulating water yards, cabinet rooms and other EPCM general contracting projects.
announcement shows that the main terms of the contract are as follows:
Contract amount: approximately RMB 3.756 billion;
Settlement method: fixed total price;
Contract performance location: Yulin City, Shaanxi;
Performance period: The final intermediate handover date of each branch project is May 2021;
Breach of contract liability: quality, progress, safety, etc. have not met the relevant terms and requirements of the contract, and the maximum liquidated damages and compensations to be paid to the contractor shall not exceed 20% of the sum of the general contract management fee and remuneration;
Dispute resolution method: According to any claim dispute that occurs, the two parties should first resolve it through friendly negotiation. When there is still a dispute after friendly negotiation, one party sues the people's court with jurisdiction in accordance with the law;
contract effectiveness conditions: double-method decree the signature of the representative (person in charge) or his entrusted agent and stamp the special seal of the contract.
It is understood that the performance of this contract will not have a significant impact on the company's total assets, net assets and net profit for the year. After the implementation of this contract, it will have a certain positive impact on the company's operating income and total profit in the next two years.
This contract is a daily business contract. The signing and performance of this contract will not affect the company's business independence, and the company's main business will not be dependent on the performance contract.
Source link: http://www.cninfo.com.cn/new/disclosure/detail?orgId=gssh0600339announcementId=1207457746announcementTime=2020-04-07
