Shanxi's 4.1 Billion New Energy Bid Winning Result

General Contracting

of Datong New Energy Battery Green Intelligent Manufacturing Base Construction Project (Bid Section 1)

Construction Site: Datong Economic and Technological Development Zone, Shanxi Province (Core Area of National Zero Carbon Park)

Tenderee: Shanxi Green Carbon Intelligent Construction Project Management Co., Ltd

. Investment Entity: Shan West Times New Energy Technology Co., Ltd. (The only wholly-owned subsidiary of Ningde Times in Shanxi)

Total investment: about 5.2 billion yuan; EPC bidding control price: 4.114 billion yuan

Construction scale: the construction land is about 667,000 ㎡ (1,000 mu), and the total construction area is about 450,000 ㎡; Annual output of 60GWh new energy batteries (mainly commercial vehicle power batteries)

Construction contents: battery plant, raw material warehouse, R & D building, substation, sewage treatment station, Dormitory and supporting facilities

Source of funds: self-raised by the enterprise + bank loan

Construction period: 730 calendar days (May 2026-May 2028 Information

on winning the bid:

First place: Fujian Zhongmin Daqin Engineering Management Co., Ltd.

Bid price: 4111592700.00 yuan

Second place: Zhongmin Mingtai Group Co., Ltd

. Bid price: 411 0533200.00: RMB yuan

Third place: Fujian Xingding Construction Co., Ltd.

Bid price: RMB yuan

4113856040.