-+ 0.00%
-+ 0.00%
-+ 0.00%
China Haicheng (002116.SZ) subsidiary signs EPC general contracting contract for 1,447 billion yuan related waste-to-energy projects
Share
Listen to the news

Zhitong Finance App News, China Haicheng (002116.SZ) issued an announcement. On November 13, 2026, China Light Industry Guangzhou Engineering Co., Ltd. (hereinafter referred to as Guangzhou Company), a wholly-owned subsidiary of the company, and GRID POWR AG signed the “EPC General Contracting Contract for the UK Houghton Mayne 20Mwe Waste Energy Project”. The total contract price was £157 million. According to the contract price structure, the benchmark exchange rate of 1 pound to 9.2 yuan was converted to RMB 9.2 billion, accounting for the company's 2025 audited operating income 20.80%.

The project is located at the Houghton Main Energy Center, Park Springs Road, Barnsley, South Yorkshire, England. It is proposed to build a waste-derived fuel (RDF) waste energy chemical plant with a daily treatment capacity of 500 tons. The Guangzhou Company is responsible for the design, procurement, construction, installation, commissioning, performance testing and other related work agreed in the contract. The contract period is 1,096 calendar days.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending