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China Energy Engineering Corp. Ltd. Class H ( (HK:3996) ) has provided an update.
China Energy Engineering Corporation Limited announced that its subsidiary, Northwest Electric Power Design Institute, has successfully won a bid for the EPC General Contracting Project for Phase II of the Yuneng Hengshan Power Plant. The project involves the construction of two 1,000MW units with a bid amount of approximately RMB6,255 million and an estimated construction period of 900 days. This development is significant for the company as it strengthens its position in the energy construction industry, although there are still uncertainties as the formal contract has not yet been signed.
More about China Energy Engineering Corp. Ltd. Class H
China Energy Engineering Corporation Limited is a major player in the energy sector, focusing on the design and engineering of power projects. The company operates primarily in the field of electric power engineering and offers comprehensive services in engineering, procurement, and construction (EPC) for large-scale energy projects.
YTD Price Performance: -7.50%
Average Trading Volume: 8,633
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €7.29B
For an in-depth examination of 3996 stock, go to TipRanks’ Stock Analysis page.
