AI Energy Engineering Wins RMB78 Million Exhaust Gas Power Project in Inner Mongolia

The latest update is out from Kingland Group Holdings Limited ( (HK:1751) ).

AI Energy Engineering Holdings Limited has secured a construction contract via its wholly owned unit Guangdong Fengxin Water Conservancy and Hydropower Engineering to design, procure and build an exhaust gas power generation facility at an industrial site in Inner Mongolia for Shenzhen Shengshi Environmental Technology. The deal, worth RMB78.3 million including VAT, strengthens the group’s presence in environmental and energy engineering, underscoring its role in China’s push for more efficient industrial energy use.

Under the terms, Guangdong Fengxin has paid a refundable, interest-free performance bond of RMB11.745 million to Shenzhen Shengshi, representing more than 8% of the group’s total assets as of 30 June 2025 and triggering disclosure requirements under Hong Kong listing rules. The company’s board considers the contract and bond to be on normal commercial terms and part of its ordinary course of business, with the group committing to further disclosures if the advance remains outstanding at future reporting dates.

The most recent analyst rating on (HK:1751) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Kingland Group Holdings Limited stock, see the HK:1751 Stock Forecast page.

More about Kingland Group Holdings Limited

AI Energy Engineering Holdings Limited, formerly Kingland Group Holdings Limited, is a Cayman Islands-incorporated company listed in Hong Kong. Through its subsidiaries, the group operates in engineering and construction, with a focus on energy-related and environmental infrastructure projects in mainland China, particularly design and build contracts for power generation and related facilities.

Average Trading Volume: 2,128,435

Technical Sentiment Signal: Buy

Current Market Cap: HK$592.2M

Find detailed analytics on 1751 stock on TipRanks’ Stock Analysis page.