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

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%.