Zhefu Holding Group Bags Power Hub Project for 364 Million Yuan

MT Newswires Live

2024/12/19

Zhefu Holding Group (SHE:002266) won the bid for the Chongqing Wujiang Baima Navigation and Power Hub project for 363.9 million yuan, according to a Shenzhen Stock Exchange disclosure on Thursday.

Chongqing Baima Shipping Development, a waterway engineering services and water cargo transportation agency provider, is the tenderer of the project.

The Chinese clean energy equipment manufacturer will provide three sets of 163-megawatt axial-flow propeller turbines and their ancillary equipment to the project between December 2025 and June 2028, the disclosure said.

Zhefu's shares slipped less than 2% in recent trade.

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