Fangda Group (000055.SZ): Signs a RMB 2 billion major curtain wall project for the Prince Mohammed bin Salman Stadium in Saudi Arabia

Zhitong Finance APP News, Fangda Group (000055.SZ) announced that on October 18, 2026, IKK Fangda JV Company, a joint venture formed by the company's wholly-owned subsidiary Shihui International Holdings Limited (holding 51%) and a wholly-owned subsidiary of Saudi IKK Group Company (holding 49%), signed a contract with the general contractor UPTOWN STADIUM CONSTRUCTION JV for the curtain wall engineering project of Package 1 main stadium and Package 3 museum and ancillary buildings of the Prince Mohammed bin Salman Stadium project in Qiddiya City, Saudi Arabia (referred to as the "PMBS Stadium Project"). The total contract value is equivalent to RMB 2.05 billion, with a contract period of 863 days.