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Beijing Urban Construction Secures Multibillion Yuan Projects

Beijing Urban Construction Secures Multibillion Yuan Projects

Beijing Urban Construction Design & Development Grp Co., Ltd Class H (HK:1599) has released an update.

Beijing Urban Construction Design & Development Group Co., Ltd has had a successful third quarter in 2024, winning bids for several major projects totaling about RMB 3.066 billion. Notably, the company secured RMB 1.325 billion in the survey, design, and consultancy segment and RMB 1.741 billion in the construction general contracting segment. These projects include infrastructure and metro line constructions in Beijing and Hubei province, demonstrating the company’s growing presence in China’s urban development sector.

For further insights into HK:1599 stock, check out TipRanks’ Stock Analysis page.

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