Guangdong Construction Engineering Group Co.,Ltd announced that it will raise CNY 4,500,000,000 in a round of funding on December 8, 2023. The transaction included participation from returning investor, Guangdong No.2 Hydropower Engineering Company, Ltd. The company will raise CNY 4,400,000,000 as capital surplus and CNY 100,000,000 as registered capital. The transaction has been approved in the 12th meeting of the 8th board of directors.