Event
Zhengqi Robot wins both China Post projects as sole bidder
1 reports · 1 sources
New Beiyang, a listed A-share company, announced that its controlled subsidiary Zhengqi Robot was the sole winner of two equipment-inclusive outsourcing service projects of China Post Group's Hubei Provincial Branch: the Xiangyang Mail Processing Center and the Central China Mail Processing Center, both with a service term of 5 years. New Beiyang said the expected revenue totals nearly 1 billion yuan; the report also lists a total contract-period amount of approximately 820 million yuan, calculated based on the 5-year term in the tender documents and an estimated total business volume of 5.69 billion bags/pieces, as well as an estimated total amount of approximately 150 million yuan, with average annual outsourcing fees of approximately 30 million yuan (excluding tax and excluding peak-season surcharges).
Report timeline
- New Beiyang subsidiary Zhengqi Robotics wins sole bids for two China Post equipment outsourcing projects, expected revenue nearly 1 billion yuan
A-share listed company New Beiyang announced that its controlled subsidiary Zhengqi Robotics was the sole winner of two equipment outsourcing service projects for China Post Group's Hubei branch: the Xiangyang mail processing center and the Central China mail processing center. Both projects have a five-year service term, with combined expected revenue of nearly 1 billion yuan.
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