[China 22MCC consortium wins bid for key project in Hebei province] China 22MCC and related enterprises have successfully won the bid for the urban renewal project of Hebei Tangshan Jingtang Smart Port Science and Technology Innovation Demonstration Park, with a total investment of 16.2 billion yuan. The project covers an area of approximately 4384 acres with a total construction area of over 4.41 million square meters, covering industrial facility construction, industrial introduction, and long-term operation and management. The cooperation period is 15 years. As a consortium led by central enterprises, we will leverage our strong construction capabilities and full chain service capabilities to promote high-quality project construction and assist in the transformation and upgrading of the Hebei region and urban renewa.Editor/Bian Wenjun

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• 2026.01.15 17:22
• [Ningde Times Saudi Service Center is now operational]
• On January 10, 2026, CATL's "Ningjia Service" Middle East's first experience center was opened in Riyadh, Saudi Arabia, which is also its largest overseas new energy aftermarket service facility. The center covers an area of over 7000 square meters and provides full lifecycle services such as battery diagnosis, maintenance, and recycling, covering seven major categories including passenger cars and energy storage systems, and is suitable for the high-temperature sand and dust environment in the Middle East. Relying on a localized certification team and a global spare parts network, it will radiate to countries such as the United Arab Emirates and Qatar, helping Saudi Arabia's "2030 Vision" and injecting momentum into the energy transformation of the Middle East.Editor/Bian Wenjun

• 2026.01.15 17:22
• [Saudi Basic Industries Company sells two major assets worth 6.6 billion yuan]
• On January 8, 2026, Saudi Basic Industries Corporation (SABIC) announced the sale of two major assets for 6.6 billion yuan (950 million US dollars), selling its European petrochemical business to Aequita for 500 million US dollars and its European and American engineering plastics business to Mutares for 450 million US dollars. The sale of assets covers multiple countries' pharmaceutical production bases and various polymer facilities, aiming to divest non core businesses, alleviate high cost pressures in Europe, concentrate resources on high profit areas and growth markets such as China, and optimize capital returns and cash flow.Editor/Bian Wenjun