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While Private Companies Own 30% of Shanghai Tunnel Engineering Co., Ltd. (SHSE:600820), Retail Investors Are Its Largest Shareholders With 51% Ownership
Investing in Shanghai Tunnel Engineering (SHSE:600820) Five Years Ago Would Have Delivered You a 53% Gain
Shanghai Tunnel Engineering (600820.SH): A subsidiary plans to acquire 15% equity in Urban Construction Information.
On January 24, Gelonghui reported that Shanghai Tunnel Engineering (600820.SH) announced that the Board of Directors approved the acquisition by its wholly-owned subsidiary, Shanghai Urban Construction Digital Industry Group Co., Ltd. (referred to as: Digital Group), of a 15% stake in Shanghai Urban Construction Information Technology Co., Ltd. (referred to as: Urban Construction Information) held by Shanghai Urban Partner Information Technology Development Center (Limited Partnership) for Cash at a price of 15 million yuan. After the acquisition is completed, Digital Group will Hold 100% equity of Urban Construction Information.
Shanghai Tunnel Engineering's Value of Contracts Rises 8% in 2024
Announcement on the main business conditions of Shanghai Tunnel Engineering Co., Ltd. in 2024
Shanghai Tunnel Engineering (600820.SH): The total amount of contracts awarded in 2024 for Construction, Design, Operation, and Digital Business is 103.016 billion yuan.
On January 20, Gelonghui announced that Shanghai Tunnel Engineering (600820.SH) disclosed its main operational situation for 2024, with a total contract amount of 103.016 billion yuan for Construction, design, Operation, and digital Business, a year-on-year increase of 8.01%. The total amount for investment Business is 19.435 billion yuan.
Returns On Capital At Shanghai Tunnel Engineering (SHSE:600820) Have Stalled
