Cityland Fragrant River: Subsidiary project enters the shortlist public notice stage.
The announcement from City Telecom Group stated that on March 17, China Mobile Purchasing and Tendering Network announced the shortlisted candidates for the project. The fully-owned subsidiary of the company, Hong Kong Systems, and a joint venture with China Communications Services, won the bid for the "China Mobile Zhejiang Company 2026 Yangtze River Delta Data Center Phase II EPC General Contracting Procurement Project" with a bid price of 405 million yuan. According to the joint agreement, Hong Kong Systems will undertake 99.13% of the contract workload, while China Communications Services will undertake 0.87%. The final ratio will be determined by the formal contract. Currently, the project is in the public notice period, and it is still uncertain whether the bid will be successful and a contract will be signed.
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