tiprankstipranks
China State Construction Forms Joint Venture in Beijing
Company Announcements

China State Construction Forms Joint Venture in Beijing

China State Construction International Holdings (HK:3311) has released an update.

Don't Miss our Black Friday Offers:

China State Construction International Holdings has announced the formation of a joint venture company in Beijing aimed at sewage treatment, water pollution control, and municipal facilities management. The joint venture, with a registered capital of RMB760.8 million, aligns with the company’s strategy to enhance its environmental protection-related construction business and is expected to provide stable long-term revenue. The company’s subsidiaries will collectively hold a 35.1% stake in the venture.

For further insights into HK:3311 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskChina State Construction Reports Steady Q3 Growth
TipRanks HongKong Auto-Generated NewsdeskChina State Construction Renews Key Partnership Agreement
TipRanks HongKong Auto-Generated NewsdeskChina State Construction Collaborates on Facade Contracts
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App