Huitong Construction Consortium Wins 1.4-Billion-Yuan Bdd for Cangzhou City Expressway

MT Newswires Live

2024/11/21

A consortium that includes Huitong Construction Group (SHA:603176) won the bid to build an expressway within the territory of Cangzhou City in China.

The winning bid for the 85-kilometer-long route is 1.37 billion yuan, according to a Thursday filing with the Shanghai Stock Exchange.

The construction company has an investment ratio of 5% in the Cangzhou Transportation Development (Group)-led consortium.

Huitong Construction Group shares closed 3% higher Thursday.

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