DEEPEXI TECH Secures Major Contract with China Communications Construction Subsidiary for Smart System

Stock News
Jun 30

DEEPEXI TECH (ASX: 01384) has announced that it was recently selected as the winning bidder in a tender for an information system issued by China Communications Construction Group Sixth Engineering Co., Ltd. (the Purchaser). The awarded contract value is approximately RMB 22.866 million.

As of the date of this announcement, the company has entered into an Information System Sales and Purchase Contract with the Purchaser. This contract formalizes the arrangements for DEEPEXI TECH to supply and deploy an intelligent and informatization system.

The total contract value, inclusive of value-added tax, is approximately RMB 22.866 million. The project primarily involves an intelligent platform related to timber production and business operations.

This collaborative project with China Communications Construction Group Sixth Engineering Co., titled the "Luzhai Zero-Carbon Industrial Park Intelligent and Informatization System," is positioned as a county-level industrial AI digitalization benchmark initiative. It aligns with national digital economy strategies and the high-quality development goals for the forestry sector.

Using Guangxi's Luzhai county as a demonstration model, the project focuses on building a smart, zero-carbon circular forestry industrial park. The core capabilities to be developed include an industrial intelligent trading platform, blockchain warehouse receipt financing, a digital twin financial warehouse, and an AI data asset platform.

The project aims to address key challenges in the traditional timber industry, such as fragmented resources, financing difficulties, and weak regulatory oversight. By integrating the flows of business, logistics, capital, and information, it seeks to reshape industrial organization through intelligent digital infrastructure. The goal is to create a replicable model for the digital and intelligent transformation of the timber industry at a national county level.

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