Hu Nan Vocational Education (06913) announced that after the trading period on September 16, 2024, Lingnan Vocational...
According to the Zhitong Finance app, Hu Nan Vocational Education (06913) announced that after the trading period on September 16, 2024, Lingnan Vocational and Technical College entered into a construction general contracting agreement with the contractor (Guangdong Jiye Construction Co., Ltd.), with the contractor providing construction services for the main projects of a student dormitory, a teacher dormitory, and an underground basement at the Qingyuan campus of Lingnan Vocational and Technical College, at a contract price of RMB 88.3443 million yuan.
It is reported that the contractor will act as the general contractor to construct the main buildings of Student Dormitory No. 14, Teacher Dormitory No. 15, and Basement II No. 54.
The announcement stated that due to the increasing number of students at Lingnan Vocational and Technical College, the existing dormitory bed capacity may soon be insufficient to meet the students' needs. The dormitories and basement to be built under the construction general contracting agreement will expand the student capacity of Lingnan Vocational and Technical College, supporting further business development. In addition, the new dormitories will be equipped with more advanced facilities to improve students' living conditions and enhance campus security. Therefore, the directors believe that the transactions planned under the construction general contracting agreement will promote the group's development and enhance its competitiveness and market recognition.