CNQC INT'L (01240) Secures Four Hong Kong Construction Contracts Totaling Approximately HK$1.79 Billion

Stock News
Jan 15

CNQC INT'L (01240) announced that the group recently secured four construction project contracts in Hong Kong. The total estimated value of these four contracts is approximately HK$1.79 billion (including contingent payments). The contracts include: (i) a major contract awarded on September 18, 2025, by The Hong Kong Polytechnic University to the company's indirect wholly-owned subsidiary for the external wall safety improvement works of Block M at the university; (ii) a major contract awarded on November 3, 2025, by the Urban Renewal Authority to the company's indirect wholly-owned subsidiary for improvement works at the Western Market located at 323 Des Voeux Road Central, Sheung Wan, Hong Kong; (iii) a major contract awarded on November 24, 2025, by the Hong Kong Housing Authority to the company's indirect wholly-owned subsidiary for the construction works of the public housing development project at Nam Fung, Chi Lung Wan, Pok Fu Lam in the Southern District; and a major contract awarded on May 6, 2025, by the City University of Hong Kong to another indirect wholly-owned subsidiary of the company for foundation, excavation and lateral support works, site formation, and related works for a student hostel on Tat Hong Road, Kowloon Tong.

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