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China Energy Subsidiary Secures Major Construction Bid

China Energy Subsidiary Secures Major Construction Bid

China Energy Engineering Corp. Ltd. Class H (HK:3996) has released an update.

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China Energy Engineering Corporation Limited’s subsidiary, Gezhouba Three Gorges Construction Engineering, has won a significant bid for a construction project in Zhuhai Jinwan Yacht Industrial Park. The project, with a total construction period of 1,395 days and a bid amount of approximately RMB 15.096 billion, involves reclamation and supporting works for a yacht research, development and manufacturing project. Investors are cautioned, however, as the contract has not yet been formally signed and uncertainties remain.

For further insights into HK:3996 stock, check out TipRanks’ Stock Analysis page.

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