Jiangxi Hongcheng Environment (600461.SH) won a bid for the franchised operation rights for the expansion of Nanchang County's sewage treatment plant and the accompanying pipe network, with a contract value of approximately 2.186 billion yuan.
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Announcement: Jiangxi Hongcheng Environment (600461.SH) has confirmed that its wholly-owned subsidiary, Jiangxi Hongcheng Water Industry and Environmental Protection Co., Ltd. (consortium members: Nanchang City Water Engineering Co., Ltd., Nanchang City Political Engineering Development Group Co., Ltd., China Municipal Engineering Central South Design and Research Institute Co., Ltd.) has been awarded the franchise rights for the expansion of Nanchang County Sewage Treatment Plant and supporting pipe network. The winning bid amount for the project is approximately 2.186 billion yuan.
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