Shandong Road and Bridge announced that the subsidiaries Shandong Expressway Engineering and Construction Group Co., Ltd. and Shandong Road and Bridge Group Co., Ltd. were respectively identified as the first successful candidate for the first and second sections of the Yiyuan to Zoucheng section of the Weifang to Zoucheng Expressway. Ningxia Highway Bridge Construction Co., Ltd. was the first candidate to win the bid for the three sections. The expected winning bid prices were 3.758 billion yuan, 3771 billion yuan, and 1,883 billion yuan, respectively. The subsidiary is expected to win a total bid amount of 9.402 billion yuan, accounting for 13.18% of the company's audited revenue in 2024. The construction period of the project was 1,095 days, and there is uncertainty about whether the bid can be won and the contract signed in the end.

Zhitongcaijing · 2d ago
Shandong Road and Bridge announced that the subsidiaries Shandong Expressway Engineering and Construction Group Co., Ltd. and Shandong Road and Bridge Group Co., Ltd. were respectively identified as the first successful candidate for the first and second sections of the Yiyuan to Zoucheng section of the Weifang to Zoucheng Expressway. Ningxia Highway Bridge Construction Co., Ltd. was the first candidate to win the bid for the three sections. The expected winning bid prices were 3.758 billion yuan, 3771 billion yuan, and 1,883 billion yuan, respectively. The subsidiary is expected to win a total bid amount of 9.402 billion yuan, accounting for 13.18% of the company's audited revenue in 2024. The construction period of the project was 1,095 days, and there is uncertainty about whether the bid can be won and the contract signed in the end.