China Zhonghua Geotechnical Engineering Group's (SHE:002542) unit, Beijing Changdao Municipal Engineering Group, has secured a 12.4 million yuan contract for roadwork in China, according to a Shenzhen Stock Exchange filing on January 27.
The project is the expansion and the upgrading of the Third Ring Road in China, which includes working on the earthwork and foundation pit of the road's level 1 service station, the Chinese engineering services provider said.
The company's shares closed more than 2% higher.
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