Core Viewpoint - Chongqing Construction announced an investment increase from its wholly-owned subsidiary and its second-largest shareholder into a project company for highway construction, indicating a strategic move to expand its project portfolio and enhance operational capacity [1] Investment Details - The wholly-owned subsidiary, Chongqing Construction First Municipal Engineering Co., Ltd., will invest approximately 58.49 million RMB, while the second-largest shareholder, Chongqing Expressway Group Co., Ltd., will invest about 508.70 million RMB [1] - The total construction contract for the Kaizhou to Liangping highway project is approved to not exceed 1.1 billion RMB, with a preliminary contract price set at 1.01842 billion RMB [1] Contractual Agreements - A construction general contracting framework agreement has been signed, and further details regarding rights and obligations have been refined in the signed construction contract for the specified project segment [1]
重庆建工:关于全资子公司签署建设工程施工合同暨关联交易的进展公告