ST Zhengping (603843.SH): There is uncertainty about whether it can participate in the future Lower Yarlung Zangbo River hydropower project.

date
24/07/2025
Wisdom Economics and Finance APP News, *ST Zhengping (603843.SH) issued a stock price abnormality announcement stating that the company has noticed the high level of attention in the market towards the "Yarlung Tsangpo River downstream hydropower project". The company's infrastructure construction business includes transportation construction, water conservancy construction, urban construction, and power construction. It has qualifications in four first-level general contracting categories: highway engineering, water conservancy and hydropower engineering, construction engineering, and municipal public engineering, as well as qualifications in design, construction, and testing in the infrastructure industry. The company has over thirty years of construction management experience in high-altitude areas and has two wholly-owned companies in Tibet engaged in main construction and manufacturing businesses. The company's participation in the hydropower project in the future is uncertain, and investors are advised to make rational decisions and invest carefully.