Asia
Qinglong Pipes Industry Bags PCCP Bid for Nearly 557 Million Yuan
Qinglong Pipes Industry Group (SHE:002457) won the bid for the procurement of prestressed concrete cylinder pipes or PCCPs for the Longjiang River Valley Irrigation Project in Northwestern Guangxi, China, according to a Shenzhen bourse filing on Monday.The Chinese pipe manufacturer won the bid for 556.5 million yuan. The pipes will be delivered within 48 months.The company's shares rose 2% at the close.
SHE:002457
