China Energy Engineering Wins Bid for Major Power Project

China Energy Engineering Corp. Ltd. Class H ( (HK:3996) ) has issued an announcement.

China Energy Engineering Corporation Limited has announced that its subsidiaries have won the bid for the EPC general contracting project of the Jiangyin Sulong 2×660MW Phase IV Expansion Project, valued at approximately RMB5,005.08 million. This project involves the construction of ultra-supercritical, double reheat coal-fired power generation units with flue gas desulphurization and denitrification equipment, expected to be completed in 22 months. However, the formal contract has not yet been signed, indicating some uncertainty and potential investment risks.

More about China Energy Engineering Corp. Ltd. Class H

China Energy Engineering Corporation Limited is a joint stock company incorporated in the People’s Republic of China, operating in the energy engineering sector. The company focuses on electric power design and construction, offering services such as the development of power generation units and installation of environmental protection equipment.

YTD Price Performance: 4.85%

Average Trading Volume: 15,323,163

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$64.33B

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