SCVE GROUP: Lingnan Vocational Technical College has signed a comprehensive renovation and installation agreement with Guangdong Jisheng Construction

Zhitong
2024.10.31 14:30
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SCVE GROUP signed a comprehensive renovation and installation agreement with Guangdong Jisheng Construction Co., Ltd., with a contract amount of 63.5336 million yuan, involving the renovation and facility installation of the new dormitory and basement in Qingyuan. In addition, both parties also signed a foundation pit support construction agreement, with a contract amount of 8.5198 million yuan. This move aims to meet the growing student demand, enhance dormitory facilities, improve student living conditions, and strengthen the school's competitiveness

According to the Zhitong Finance APP, SCVE GROUP (06913) announced that on October 31, 2024, Lingnan Vocational Technical College signed a comprehensive renovation and installation agreement with the contractor Guangdong Jisheng Construction Co., Ltd. The contractor is required to provide renovation and installation services for the new dormitory and basement in Qingyuan, with a contract price of RMB 63.5336 million.

Subject matter: The contractor will act as the general contractor, responsible for the renovation of the new dormitory and basement in Qingyuan, including the installation of some water supply and drainage facilities, electrical facilities, fire safety facilities, lightning protection facilities, elevators, and outdoor pipelines.

On the same day, Lingnan Vocational Technical College signed a foundation construction agreement with the contractor, who is required to provide construction services for several foundation pit supports for the new dormitory and basement in Qingyuan, with a contract price of RMB 8.5198 million.

Subject matter: The contractor will act as the general contractor, responsible for the foundation pit support construction of Basement II of Building 54 in the Qingyuan campus.

The announcement stated that due to the continuous increase in the number of students at Lingnan Vocational Technical College, the existing dormitory bed capacity may not meet the needs of students in the near future. The new dormitory and basement in Qingyuan will expand the student capacity of Lingnan Vocational Technical College, thereby supporting its further business development. In addition, the new dormitory will be equipped with more advanced facilities, which will help improve students' living conditions and enhance campus safety. Therefore, the board believes that the new dormitory and basement in Qingyuan will promote the development of the group and enhance its competitiveness and market recognition. The group has signed a general contracting agreement with the contractor for the construction of the new dormitory and basement in Qingyuan. The transactions proposed under the renovation and construction agreement will provide the necessary renovation and facilities for the new dormitory and basement in Qingyuan

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