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China Energy Engineering Bags Coal-Fired Generator Project for 5.64 Billion Yuan
China Energy Engineering (HKG:3996, SHA:601868) won the bid for the phase III general contracting project of Jinneng Holding Tongre for 5.64 billion yuan, according to the company's filing on the
Ch Energy Eng (03996.HK)'s subsidiary wins the bid for the total contract project of Jinneng Holdings' Tongre III 2x1 million kW project, with a bid amount of approximately 5.635 billion yuan.
On July 12th, Geelong Announcements reported that CH Energy Eng (03996.HK) announced that its subsidiary, Shanxi Electrical Utilities Survey and Design Institute Co., Ltd. (Shanxi Electrical Utilities), as the general contractor, won the bid for the general contracting project of 2 ×1 million kilowatt coal-fired generators for the third phase of Jinneng Holdings. The total project period is about 27 months, and the bidding amount is approximately RMB 5.635 billion. As of the date of this announcement, Shanxi Electrical Utilities has not yet formally signed a contract with the project owner and the project still has uncertainties.
Express News | China Energy Engineering Says Unit Wins Bid for Coal-Fired Power Generation Project Worth About 5.6 Bln Yuan
China National Building Material Company (601868.SH): Its subsidiary won the bid for the total contract of the 2x1 million kilowatt project of Jinneng Holding Same Rehe Phase III for 5.635 billion yuan.
On July 12th, Glonhoy announced that China Energy Engineering Corporation Limited's subsidiary, China Energy Engineering Group Shanxi Electric Power Exploration and Design Institute Co., Ltd., as the general contractor, won the bid for the total contracting project of Jinneng Holdings Tonghe Phase III 2×1 million kilowatt project with a bid amount of approximately 5.635 billion RMB. The project plans to construct 2×1 million kilowatt coal-fired generators, with a total construction period of about 27 months.
Hang Seng Index Company: The Hang Seng Stock Connect State-Owned Enterprise Value Index has risen by more than 26% since the beginning of the year, significantly outperforming the market.
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China Energy Engineering Corporation Limited's (HKG:3996) Share Price Is Matching Sentiment Around Its Earnings
China Energy Engineering Corporation Limited's (HKG:3996) price-to-earnings (or "P/E") ratio of 4x might make it look like a strong buy right now compared to the market in Hong Kong, where around half