---
title: "Kingland Group Wins RMB78.3 Million Contract for Major Industrial Waste Gas Power Project"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/271813775.md"
description: "Kingland Group Holdings Limited has secured a RMB78.3 million contract for the Phase II construction of an industrial waste gas power generation project, with a capacity of 60MW, in collaboration with Shenzhen Shengshi Environmental Technology Co., Ltd. This project is noted as one of the largest of its kind globally and is expected to enhance Kingland's domestic engineering business and future international projects. The stock currently holds a Hold rating with a price target of HK$2.00."
datetime: "2026-01-07T15:09:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/271813775.md)
  - [en](https://longbridge.com/en/news/271813775.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/271813775.md)
---

# Kingland Group Wins RMB78.3 Million Contract for Major Industrial Waste Gas Power Project

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Kingland Group Holdings Limited ( (HK:1751) ) has shared an update.

Kingland Group Holdings Limited has announced that its PRC subsidiary Guangdong Fengxin Water Conservancy and Hydropower Engineering Co., Ltd. has signed a RMB78.3 million engineering contracting agreement with Shenzhen Shengshi Environmental Technology Co., Ltd. for Phase II construction of an industrial waste gas power generation project with an installed capacity of 60MW for Sunite Right Banner Xinmeng New Materials Co., Ltd. The company describes the project as one of the largest single-unit industrial waste gas internal combustion engine power generation projects globally and views it as a key milestone in expanding its domestic engineering business and paving the way for future entry into overseas wellhead gas power projects over 100MW, with expectations of a positive contribution to its financial performance and operational results.

The most recent analyst rating on (HK:1751) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Kingland Group Holdings Limited stock, see the HK:1751 Stock Forecast page.

**More about Kingland Group Holdings Limited**

Kingland Group Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through subsidiaries in the engineering and infrastructure sector, including water conservancy and hydropower engineering. The Group is expanding its presence in domestic industrial and energy-related engineering projects, positioning itself to participate in large-scale power generation developments that utilise waste and associated gases.

**Average Trading Volume:** 3,857,529

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$595.1M

Learn more about 1751 stock on TipRanks’ Stock Analysis page.

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