Zhonglan Environmental Protection (300854.SZ) subsidiary is expected to win a bid for a 1.86 billion yuan construction project.

The Zhixun Finance APP news reported that Zhonglan Environmental Protection (300854.SZ) issued an announcement. Recently, the bidding and procurement navigation website published the list of shortlisted candidates for the "Solid Waste Resource Recycling - Inorganic Fiber New Material Project Construction General Contracting" project. The company's wholly-owned subsidiary, Beijing Zhonglan Environmental Engineering Co., Ltd., was named as the winning supplier for the project, with a total bid amount of 186 million yuan including taxes. This winning project is a part of the company's main business, and is expected to have a positive impact on the company's future market development, as well as to positively promote the company's operating performance in the relevant construction year.