The Urban Landscapes of Hong Kong: Subsidiary company signs project operation and maintenance contract with a value of up to 2.06 billion yuan.
Chengdi Hong Kong announced that its subsidiaries Hong Kong Systems and Shanghai Qisi have completed the signing of the operation and maintenance contract for the China Mobile Yangtze River Delta Data Center MEP EPCO project, with a maximum contract value of 2.06 billion yuan including taxes. This project was awarded to a consortium, with ZTE, Hong Kong Systems, the Postal Design Institute, and Shanghai Qisi each settling revenue based on proportions of 30%, 52.6%, 0.4%, and 17% respectively. However, ZTE and the Postal Design Institute have not yet signed the operation and maintenance contract. The formal contract will only be effective once all relevant parties have signed. The specific financial impact will be based on the audit results.
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