Oct. 24, 2012 (China Knowledge) - China State Construction Engineering Corp Ltd<601668
>, China's largest property and construction conglomerate, recently inked 5 projects with a total contract value of RMB 26.76 billion.
The contract value is equivalent to 5.5% of the company's operating revenue in 2011.
In a statement filed with Shanghai Stock Exchange
, the company said its subsidiary, China Construction Third Engineering Bureau Co Ltd, inked 3 projects with a total contract value of RMB 13.66 billion.
Meanwhile, another subsidiary of China State Construction Engineering, China Construction Fourth Engineering Bureau Co Ltd, inked an RMB 9.68 billion worth of contract in Guiyang
firm earlier announced that it inks almost RMB 675 billion worth of construction contracts in the first nine months of 2012, up 11.1% YoY, China Knowledge reported earlier