BAY AREA DEV (00737): Guangzhou-Shenzhen-Zhuhai Company Signs Shenzhen Section Construction Contract (TJ2 Segment) with Poly Changda

Stock News

2025/12/18

BAY AREA DEV (00737) announced that after an open tender process conducted through Guangzhou Public Resources Trading Center, Guangzhou-Shenzhen-Zhuhai Company (regarded as a subsidiary of the company) selected Poly Changda as the winning bidder. On December 18, 2025, the two parties signed the Shenzhen Section Construction Contract (TJ2 Segment).

Under the contract, Poly Changda agreed to undertake the construction works for the TJ2 segment of the approved route (Shenzhen section) expansion and renovation project. The contracted value amounts to RMB 1.448 billion.

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