*St Beineng (000803): The Subsidiary Won The Bid For Yueyang And Xiangtan Projects
* ST beineng (000803. SZ) announced that recently, the company's wholly-owned subsidiary, Beikong Shifang (Shandong) environmental protection and Energy Group Co., Ltd. ("Beikong Shifang") has received the "notification of award" jointly issued by Yueyang Jiaotou Environmental Technology Co., Ltd. and Hunan Huaxia Engineering Consulting Co., Ltd., knowing that after careful evaluation by the evaluation committee and reporting to the government procurement department for the record, Beikong Shifang is Yue On January 21, 2021, the company learned from the website of Xiangtan public resources trading center that Beifang was the bid winner of social capital bidding procurement project of Xiangtan kitchen waste recycling utilization PPP project.
The total bid winning amount is 356.338 million yuan, accounting for 92.37% of the total assets of the company through audit in 2019. The successful bid of the company will help to expand the company's business scale, further enhance the market position of the company's brand, enhance the market influence of the company's organic waste treatment, and promote rapid development.
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