Anhui Construction Engineering's Subsidiaries Bag Four Projects for 3.80 Billion Yuan; Shares Up 5%

MT Newswires Live
Oct 10, 2024

Anhui Construction Engineering Group's (SHA:600502) subsidiaries won four projects amounting to 3.80 billion yuan, according to a Thursday disclosure on the Shanghai Stock Exchange.

The projects are the phase I ecological environment development project in the Digang Area in China's Fanchang District, and the Dangtu Sluice hub project of Guxi River in Ma'anshan City, each worth 1.12 billion yuan.

Moreover, the general contracting of the Science and Technology Business School of USTC was bagged for 931 million yuan, while the bid for the reconstruction of non-compulsory education conditions in Lingbi County was won for 625 million yuan, the Chinese construction company said.

The company's shares jumped less than 5% in recent trade.

Price (RMB): ¥5.07, Change: ¥+0.22, Percent Change: +4.54%

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