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Hongrun Construction Group Wins 653-Million-Yuan Bid for EPC General Contracting Project
Hongrun Construction Group (002062.SZ): A subsidiary consortium won a bid for a significant project worth 0.653 billion yuan.
On January 7, Gelonghui reported that Hongrun Construction Group (002062.SZ) announced that its subsidiaries Anhui Tezhu Electrical Utilities Engineering Co., Ltd. and Anhui Hengqiang Construction Co., Ltd. recently received the bidding notification from the State Power Investment Corporation Anhui Electric Power Co., Ltd. for the 23rd batch of bids in 2024. The EPC general contracting project for the 170MW tea-light complementary photovoltaic power generation project in Yangliu Town, Xuancheng City, was won by a consortium led by the Machinery Industry Survey and Design Institute Co., Ltd., with Anhui Tezhu Electrical Utilities Engineering Co., Ltd. and Anhui Hengqiang Construction Co., Ltd. as members. The contract amount is 0.653 billion yuan.
Individual Investors Are Hongrun Construction Group Co., Ltd.'s (SZSE:002062) Biggest Owners and Were Rewarded After Market Cap Rose by CN¥763m Last Week
Hongrun Construction Group (002062.SZ): Future business growth will come from the development of CECEP Solar Energy, Wind Energy, and energy storage power stations, as well as the implementation of related EPC Business.
On December 30, Gelonghui reported that Hongrun Construction Group (002062.SZ) recently stated in an investor relations activity that the company's main construction business can maintain stable revenue from the construction industry through existing Orders, the Real Estate business continues to digest existing stocks, and the future growth in Business will come from the development of CECEP Solar Energy, Wind Energy, and energy storage power stations, as well as the implementation of related EPC business.
Hongrun Construction Group (002062.SZ): The current inventory of commercial housing is mainly located in Wuxi and Harbin.
On December 30, Gelonghui reported that Hongrun Construction Group (002062.SZ) stated in a recent investor relations activity that the company's current inventory of commercial housing is mainly located in Wuxi and Harbin. The development time is relatively early, the principal for the project has been recovered, and there is no financing for the project itself. It is currently in the phase of reducing the inventory of commercial housing.
Hongrun Construction Group (002062.SZ): As of the end of the third quarter, the Construction Business has approximately 14 billion yuan in Orders on hand.
On December 30, Gelonghui reported that Hongrun Construction Group (002062.SZ) recently indicated in an investor relations activity that as of the end of the third quarter of 2024, the orders on hand in the construction business amount to approximately 14 billion yuan. From the perspective of project development cycles, the infrastructure sector has a relatively long cycle, generally requiring 3-5 years, indicating that the company's construction business revenues will be relatively stable in the coming years.