宁波建工：全资子公司与招标人宁波城市地下空间投资有限公司签订《建设工程施工合同》

Group 1 - The core point of the news is that Ningbo Construction (SH 601789) announced a contract signing for a construction project with a total value of approximately 428.25 million yuan, indicating a significant business development for the company [1][2]. - The project is named the "Airport Road Comprehensive Utility Tunnel Project (Phase I)" and is part of a joint venture with China Railway Sixth Group [1][2]. - The contract price includes tax and reflects a bid adjustment rate of -10.54%, suggesting competitive pricing strategies in the current market [2]. Group 2 - As of the latest report, Ningbo Construction has a market capitalization of 5.4 billion yuan [3]. - The company's revenue composition for 2024 is projected to be 51.62% from housing and civil engineering, 25.72% from municipal public works, 8.54% from construction installation, 8.25% from building materials sales, and 2.2% from building decoration [2].