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Wuyi, China: Announcement on the operation of the international engineering contracting business in the fourth quarter of 2024
China Wuyi to Receive 50 Million Yuan From Fertilizer Contract
Express News | Wuyi, China: Signed an agreement for 1200kt/a potash fertilizer project in Mongolia, Congo (Brazzaville)
Wuyi, China: Third quarter report 2024
Wuyi, China: Announcement on the operation of the international engineering contracting business in the third quarter of 2024
China Wuyi Co.,Ltd. (000797.SZ): Related party won the bid for subsidiary's relevant project
On October 17, Gelonghui reported that China Wuyi (000797.SZ) announced that its subsidiary Chongqing Wuyi Real Estate Development Co., Ltd. (referred to as 'Chongqing Wuyi') publicly tendered the 15th floor of the Wuyi Binjiang Phase II project. Recently, the project was awarded to the largest shareholder of the company, Fujian Construction Group Co., Ltd. (referred to as 'Fujian Construction'), with a bid reduction rate of 7.49%, and the contract estimate amount is 36,797,767.00 yuan. This transaction constitutes a related party transaction. Chongqing Wuyi is a holding subsidiary of the company, with the company holding 95% of the shares and individual Lin Hua holding 5% of the shares. Fujian Construction is a holding shareholder of the company.