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China State Construction Int’l unit joins CSCECL affiliate in Fuzhou land bid, posts RMB 153.2 million deposit

PUBT·07/14/2026 04:03:22
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China State Construction Int’l unit joins CSCECL affiliate in Fuzhou land bid, posts RMB 153.2 million deposit
  • China State Construction International entered a joint bidding deal on July 14, 2026 to pursue a land parcel in Fuzhou, China.
  • Unit Putian Haiyue will fund 80% of the bid deposit, with China Construction Jiahe taking 20%.
  • Total bid deposit set at RMB 153.2 million; Putian Haiyue to pay RMB 122.56 million, China Construction Jiahe RMB 30.64 million.
  • If successful, the partners plan to jointly hold and develop the site via a new project company.
  • The transaction was classified as a connected transaction, triggering reporting and disclosure but no independent shareholder vote.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China State Construction International Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260714-12243342), on July 14, 2026, and is solely responsible for the information contained therein.