Ningbo Construction (601789.SH) subsidiary consortium signs a 451 million yuan construction contract.

16:50 26/12/2025

Ningbo Construction Group (601789.SH) announced that its subsidiary Ningbo Municipal Engineering Construction Group Co., Ltd. (referred to as "Municipal Group"), in partnership with China Railway Fourth Bureau Group Co., Ltd. (referred to as "China Railway Fourth Bureau"), recently signed a Construction Engineering Construction Contract with the bidder Ningbo Urban Underground Space Investment Co., Ltd. The project is the Comprehensive Pipe Gallery Project (Construction) Section II of Huan Cheng Nan Road (Lianfeng Middle Road - Century Avenue), with a contract price (including tax) of 451 million RMB and a winning bid fluctuation rate of -9.63%.

Ningbo Construction (601789.SH) announced that its subsidiary, Ningbo Municipal Engineering Construction Group Co., Ltd. (referred to as "Municipal Group"), in partnership with China Railway Fourth Bureau Group Co., Ltd. (referred to as "China Railway Fourth Bureau"), recently signed a construction contract with the bidder Ningbo Urban Underground Space Investment Co., Ltd. for the "Comprehensive Pipe Gallery Project (Construction) II Section" on HuanCheng South Road (Lianfeng Middle Road - Century Avenue). The contract value (including taxes) is 451 million RMB, with a bid fluctuation rate of -9.63%.

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