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Hanjian Heshan Pipeline Bags Pipe Procurement Bid for 440 Million Yuan

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Beijing Hanjian Heshan Pipeline (SHA:603616) won the bid for a pipe procurement for a river irrigation project for 440.2 million yuan, according to a Shanghai bourse filing on Thursday.

The project is Lot II of the Guangxi Zuojiang Drought Control Heishui River Modern Irrigation District Project.

The Chinese pipe manufacturer will supply and deliver pre-stressed concrete cylinder pipes and pressure steel pipes, as well as pipe fittings, for a section of the Naan Main Pipeline, Xin'an irrigation area and Zuozhou irrigation area.

The pipes will be delivered within 36 months, starting July 31.

The company's shares rose 1% at the close.

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