CJJG: Signed the subcontract for the Qiddiya Cultural and Arts Center project in Saudi Arabia, with a contract amount of 650 million Saudi Riyals

CJJG announced that the company has successfully signed a subcontract for the Saudi Qiddiya Cultural and Arts Center project, with a contract amount of 650 million Saudi Riyals, equivalent to approximately 1.23 billion RMB, accounting for 6.7% of the company's most recent audited operating income. Once completed, the project will become one of the important cultural landmarks in Saudi Arabia. The contracting parties are the client Nesma & Partners Contracting Co., UJSC and the subcontractor CJJG International Steel Structure Co., Ltd. The construction period is expected to last until 2027, and payments will be made according to the progress as stipulated in the contract