Ningbo Construction Group Co., Ltd. (601789.SH) subsidiary wins the bid for the construction project of the first phase of the eastern extension of the Encheng South Road Expressway.

Zhixin Finance APP News, Ningbo Construction (601789.SH) announced that the company's controlling subsidiary Ningbo Municipal Engineering Construction Group Co., Ltd. and its wholly-owned subsidiary Ningbo Construction Engineering Group Co., Ltd. have recently received the "Ningbo City Public Resource Trading Platform Winning Notice" issued by the bidder Ningbo Urban Infrastructure Construction and Development Center and the bidding agent Deway Engineering Management Consulting Co., Ltd. According to the "Winning Notice" and the bidding documents, the Municipal Construction Group and Construction Group have respectively won the bid for the construction of the first phase of the East Extension Fast Road of Huan Chengnan Road (mainline section, Fuchun River Interchange section) as Unit and Unit V. The winning bid price for Unit I is approximately 540 million yuan, and the winning bid price for Unit V is approximately 577 million yuan. The construction period for Unit I and Unit V is both 1080 calendar days.