Ningbo Construction Consortium Wins 927-Million-Yuan Bid for EPC General Contracting Project; Shares Jump 10%

MT Newswires Live

2024/11/14

A consortium formed by a subsidiary of Ningbo Construction (SHA:601789) won the bid for the EPC general contracting of the second phase of the Ningbo-Zhoushan port phase three container terminal supporting parking lot project.

The winning bid amounted to 926.5 million yuan, with the project to be built for 810 days in the Beilun district in Ningbo City, according to a Thursday filing with the Shanghai bourse.

Shares of the civil engineering company climbed 10% in recent trade.

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