Ningbo Construction Unit Signs 686 Million Yuan Hospital Construction Deal; Shares Up 7%

MT Newswires Live
2024-10-08

Ningbo Construction's (SHA:601789) unit, Ningbo Municipal Engineering Construction Group, agreed to construct the third phase of Yiwu Central Hospital's emergency and dual-purpose department for 685.8 million yuan, according to a Tuesday filing on the Shanghai Stock Exchange.

The total construction area of ​​the project is 134,830 square meters.

The Chinese civil engineering company will undertake the construction for 1,400 days, the filing said.

Shares of the company rose more than 7% in recent trade.

Price (RMB): ¥4.43, Change: ¥+0.29, Percent Change: +7.00%

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