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Prosperous Industrial Announces Major Construction Contract for Panyu City Industrial Park

Story Highlights
  • Prosperous Industrial is developing an industrial park in Panyu City.
  • The construction contract is valued at RMB152.36 million and involves China Railway Beijing Engineering Group.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prosperous Industrial Announces Major Construction Contract for Panyu City Industrial Park

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Prosperous Industrial (Holdings) Ltd. ( (HK:1731) ) has issued an update.

Prosperous Industrial (Holdings) Ltd. has announced a significant construction contract for the development of the Glorieux Intelligent Manufacturing Industrial Park in Panyu City. The project, which will be executed in phases, has its first phase covering a site area of 21,128 square meters and includes three main buildings. The contract, valued at RMB152.36 million, was signed with China Railway Beijing Engineering Group Co., Ltd. This development is expected to enhance the company’s industrial capabilities and strengthen its market position.

The most recent analyst rating on (HK:1731) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Prosperous Industrial (Holdings) Ltd. stock, see the HK:1731 Stock Forecast page.

More about Prosperous Industrial (Holdings) Ltd.

Prosperous Industrial (Holdings) Ltd. is a company incorporated in the Cayman Islands, focusing on industrial development. It operates in the manufacturing sector, with a particular emphasis on developing industrial parks.

Average Trading Volume: 477,587

Technical Sentiment Signal: Buy

Current Market Cap: HK$896M

Learn more about 1731 stock on TipRanks’ Stock Analysis page.

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