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Anhui Expressway Company ( (HK:0995) ) has shared an update.
Anhui Expressway Company Limited has renewed its arrangement to lease operating rights of its expressway service areas to Yida Company, a wholly owned subsidiary of controlling shareholder Anhui Transportation Holding Group. The new one-year lease, running from May 1, 2026 to April 30, 2027, allows Yida to operate catering, accommodation, car repair, charging stations and retail services, while Anhui Expressway focuses on providing the infrastructure and business environment.
Because Yida is a connected person under Hong Kong listing rules, the lease constitutes a continuing connected transaction, but its size, after aggregation with the prior agreement, keeps the relevant percentage ratios between 0.1% and 5%. As a result, the deal is exempt from independent shareholders’ approval but remains subject to announcement, annual reporting and annual review, signaling ongoing regulatory oversight while maintaining operational continuity in the company’s service-area business.
More about Anhui Expressway Company
Anhui Expressway Company Limited is a PRC-incorporated joint stock company engaged in the investment, operation and management of expressways and related facilities in Anhui Province. The company leverages service areas along its expressway network to generate ancillary revenue from businesses such as catering, accommodation, vehicle services and retail, complementing its core toll-road operations.
Average Trading Volume: 1,617,982
Technical Sentiment Signal: Buy
Current Market Cap: HK$30.46B
See more data about 0995 stock on TipRanks’ Stock Analysis page.