Zhitong Finance App News, Construction and Development Xinsheng (00731.HK) issued an announcement. After the tender process, Yuantong Paper (the company's indirect wholly-owned subsidiary) signed a Yuantong engineering contract with the general contractor Qingdao Shangneng Electric Power Engineering Co., Ltd. (the winning bidder) on October 15, 2024 (after the transaction period). Based on this, Yuantong Paper hired a general contractor to modify Yuantong Paper's existing steam turbines in accordance with the requirements of the technical agreement, and is responsible for the procurement and installation of engineering design, equipment and supporting materials.

Zhitongcaijing · 10/15 11:25
Zhitong Finance App News, Construction and Development Xinsheng (00731.HK) issued an announcement. After the tender process, Yuantong Paper (the company's indirect wholly-owned subsidiary) signed a Yuantong engineering contract with the general contractor Qingdao Shangneng Electric Power Engineering Co., Ltd. (the winning bidder) on October 15, 2024 (after the transaction period). Based on this, Yuantong Paper hired a general contractor to modify Yuantong Paper's existing steam turbines in accordance with the requirements of the technical agreement, and is responsible for the procurement and installation of engineering design, equipment and supporting materials.