CPEC(SH:600339) Mei Ri Jing Ji Xin Wen·2025-11-11 10:13Group 1 - Company announced that its subsidiary, China Petroleum Pipeline Engineering Co., Ltd., in a joint venture with CITIC Construction Co., has received a project award from KMG PetroChem for the Kazakhstan Ethane-Propane Pipeline EPC project, with a total contract value of $424 million (approximately 3.003 billion RMB) [1] - The project involves the construction of a 211.17 km ethane pipeline and a 218.7 km propane pipeline, with a planned construction period of 36 months from the issuance of the notice to proceed [1] - As of January to December 2024, the revenue composition of the company is as follows: 36.59% from oil and gas field surface engineering, 30.27% from refining and chemical engineering, 25.69% from pipeline and storage transportation engineering, 6.52% from environmental engineering and project management, and 0.93% from other businesses [1] Group 2 - The company's market capitalization is reported to be 20.8 billion RMB [2]