Changjiang & Jinggong Steel Building (SHA:600496), along with a consortium, won the Hangzhou Industrial Innovation CBD Plot No. 76 Project for 823.8 million yuan, according to a Shanghai bourse filing on Wednesday.
The project involves the construction of an office cluster, which would consist of four office buildings and a commercial podium, as well as walkable commercial spaces, financial business streets and garden-style offices.
The steel structure manufacturer's shares rose over 1% during the midday trade.