China Overseas Grand Oceans Group Ltd. Announces New Contract with China State Construction Engineering Corporation

Reuters

05-29

China Overseas Grand Oceans Group Ltd. Announces New Contract with China State Construction Engineering Corporation

China Overseas Grand Oceans Group Ltd. has announced the renewal of a significant engagement agreement with China State Construction Engineering Corporation Limited, effective from May 9, 2025. The agreement outlines the continuation of their collaboration in property development and commercial property operations in the People's Republic of China. Under the terms, the Group will engage China State Construction as a contractor for its property projects, with an estimated transaction value reaching RMB500 million for the second half of 2025, and RMB800 million for each of the subsequent years through 2027. The agreement is governed by Hong Kong law and adheres to the company's tendering procedures and the Listing Rules.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Overseas Grand Oceans Group Ltd. published the original content used to generate this news brief on May 29, 2025, and is solely responsible for the information contained therein.

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Announces New Contract with China State Construction Engineering Corporation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-29 17:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      China Overseas Grand Oceans Group Ltd. 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