Industrials, Automotive, Technology Dec 21, 2021 05:59 PM (GMT+8) · EqualOcean
Financial Associated Press, Dec. 21 - China Communications Construction announced that on December 21, 2021, the 60th meeting of the Fourth Board of directors of the company considered and approved the proposal on related party (company) transactions involved in the first phase PPP project of Jianli Yangtze River Protection and comprehensive treatment of ecological environment jointly invested by the first aviation bureau and China urban and rural, Bishui, Northeast Institute and beilinyuan, and agreed with the first aviation bureau and related parties China urban and rural Bishui water source, Northeast Institute, beilinyuan and Yusha company jointly invested about 322 million yuan in cash to establish the project company in the proportion of 39%: 45%: 4%: 1%: 1%: 10%. Among them, the first aviation bureau invested 125.7 million yuan and held 39% equity of the project company.
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