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GF Securities Starts Shanghai Construction Group at Buy With 3.28 Yuan Price Target
Shanghai Construction Group (600170.SH): The consortium won the right to use the land plot PDS3-0202 04-02 in the North Unit of Huinan Town, Pudong New Area.
On December 27, Gelong Hui reported that Shanghai Construction Group (600170.SH) announced that on December 27, 2024, the company formed a consortium with Shenzhen Agricultural Products Group, Shanghai Pudong Commercial Development Group, and Shanghai Huiyunan Commercial Development to acquire the state-owned construction land use right for the Dongcheng North Unit (PDS3-0202) plot in Huilong Town, Pudong New District (referred to as "the plot") and signed a land transfer contract. Shanghai Construction Group's investment ratio in the consortium is approximately 42.85%, and the total transaction price for the land use right is 100,738,000 RMB.
Here's Why Shanghai Construction Group (SHSE:600170) Has A Meaningful Debt Burden
Shanghai Construction's Unit to Relocate for 428 Million Yuan
Shanghai Construction Group (600170.SH) signed a compensation agreement for the relocation of non-residential housing, with a total compensation of 0.428 billion yuan.
Shanghai Construction Group (600170.SH) announced that due to the needs of the national Global Strategy Jiangchuan Street land reserve project, the city of Shanghai...
shanghai construction group (600170.SH): received a total government subsidy of 0.526 billion yuan
Glory Exchange reported on December 9 that Shanghai Construction Group (600170.SH) announced that from January 1 to December 9, 2024, the company and its subsidiaries received a total of 0.526 billion yuan in various government subsidies. Among them, the government subsidies related to income amounted to 0.526 billion yuan, accounting for 33.74% of the company's most recent audited net income.
Shanghai Construction Group (SHSE:600170) Shareholders Have Endured a 21% Loss From Investing in the Stock Five Years Ago
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