The latest announcement is out from China Energy Engineering Corp. Ltd. Class H ( (HK:3996) ).
China Energy Engineering Corporation Limited announced that its subsidiary, China Electric Power Engineering Consulting Group Northeast Electric Power Design Institute Co., Ltd., in collaboration with China Energy Engineering Group Tianjin Electric Power Construction Co., Ltd., has won the bid for the EPC General Contracting Project of Weihai Thermal Power 2×660MW Cogeneration Project. The project, valued at approximately RMB5.118 billion, involves the construction of ultra-supercritical coal-fired power generating units with advanced environmental control technologies. However, the formal contract has yet to be signed, indicating potential uncertainties and investment risks for stakeholders.
More about China Energy Engineering Corp. Ltd. Class H
China Energy Engineering Corporation Limited is a major player in the energy sector, primarily focusing on engineering, procurement, and construction (EPC) services. The company is involved in the development of power generation projects, including thermal power and renewable energy solutions, with a significant market presence in China.
YTD Price Performance: -6.67%
Average Trading Volume: 42,968
Technical Sentiment Signal: Sell
Current Market Cap: €6.87B
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