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Long Yuan Construction Group (600491): The pilot project of the vehicle-road cloud in Hangzhou is accelerating, and the company is expected to obtain orders.
The pilot program for Autos and cloud integration in Hangzhou is being accelerated, with Hangzhou Communications Investment undertaking many tasks. According to the announcement made by five ministries including the Ministry of Industry and Information Technology on July 1, 2024, the Hangzhou-Tongxiang-Deqing consortium is designated as a pilot city for the "car-cloud integration" application for Asia Vets.
Long Yuan Construction Unit's Consortium Bags Expressway Reconstruction Project for 209 Million Yuan
Express News | Long Yuan Construction Group: A wholly-owned subsidiary won the bid for the Hangxinjing Expressway Tonglu Service Area 'Flat Emergency Dual-use' Expansion Project (EPC).
Long Yuan Construction Group (600491): Hangzhou Transport Investment Group plans to take over and restructure to revive the debt.
Long Yuan Construction Group is a large construction group in East China, and is expected to bring about fundamental improvements after Hangzhou Transport Investment's shareholding. The company's main business includes general contracting of engineering projects, full-lifecycle services in the infrastructure sector, and green building. Currently, the company faces significant liquidity pressure, hence the major shareholder.
Longyuan Construction: Longyuan Construction Report for the Third Quarter of 2024
Longyuan Construction Report for the Third Quarter of 2024
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