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Anhui Construction Engineering: Subsidiary Wins Bids for Two Highway Projects
Anhui Construction Engineering announced on March 16 that its subsidiaries, Anhui Construction Highway and Bridge Construction Group Co., Ltd. and Anhui Construction Road Port Construction Group Co., Ltd., respectively won the bids for the S24 Hangzhou to Hefei Expressway Hefei Section Roadbed and Pavement Construction Projects - Sections 3 and 4. The bid prices are 709 million yuan and 733 million yuan, with a construction period of 1,095 calendar days each. The specific project details are subject to the final signed contracts, and the impact on the company’s current operating revenue and profits is expected to be limited.