Cheuk Nang (Holdings) Limited (01731.HK): Guangzhou Zerong has signed a construction contract with China Railway Beijing Engineering Group for the first phase of the Zerong Intelligent Manufacturing Industrial Park project.

Wisdom Finance and Economics APP news, its profit industrial group (01731.HK) announced that the latest situation of the potential further development of land in Panyu. After careful planning, the land, together with the existing industrial facilities of the group, will be further developed into an industrial park (Zerong Intelligent Manufacturing Industrial Park project). The development of the Zerong Intelligent Manufacturing Industrial Park project will be carried out in stages, with the first phase covering an area of 21,128 square meters, including three main buildings (including a dormitory), with a total construction area of 91,901.93 square meters. The board of directors is pleased to announce that on September 17, 2025 (after trading hours), the company's indirectly wholly-owned subsidiary, Guangzhou Zerong, and the contractor China Railway Beijing Engineering Group Co., Ltd. have entered into a construction contract for the first phase of the Zerong Intelligent Manufacturing Industrial Park project, with a contract price of 152 million yuan (including taxes).