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Ningbo Construction's Unit Bags Eastern New City Core Area Construction Bid for 599 Million Yuan
Investors Still Aren't Entirely Convinced By NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) Earnings Despite 39% Price Jump
ningbo construction (601789.SH): Subsidiary wins bid for projects A3-13# and 14# in the core area of Dongbu New Town.
On October 17, Gelunhui reported that Ningbo Construction (601789.SH) announced that its wholly-owned subsidiary, Ningbo Construction Engineering Group Co., Ltd. (referred to as "Construction Group"), recently received the winning bid notification on the Ningbo Public Resource Trading Platform issued by the tenderer Ningbo Kaitou Huanhai Real Estate Co., Ltd. and the tender agent Ningbo International Investment Consulting Co., Ltd. According to the winning bid notification and the tender announcement, Construction Group was awarded the construction contract for the A3-13# and 14# plots in the core area of the Eastern New City. The winning bid price was 0.599 billion yuan. This project is located in Fuming Street, Yinzhou District, Ningbo, in the core area of the Eastern New City.
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