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Anhui Expressway Renews Related-Party Lease for Expressway Gas Station Operations

Story Highlights
  • Anhui Expressway signed a new two-year lease with Expressway Petroleum to operate its gas stations from 2026 to 2027.
  • The related-party lease, worth RMB57.99 million, is on normal commercial terms and requires disclosure but not independent shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Anhui Expressway Renews Related-Party Lease for Expressway Gas Station Operations

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Anhui Expressway Company ( (HK:0995) ) has issued an update.

Anhui Expressway Company Limited has renewed its commercial arrangement for the operation of certain gas stations and associated land on its expressway network, signing a new Operating Lease Agreement with Expressway Petroleum, a subsidiary of its controlling shareholder Anhui Transportation Holding Group, for the period from 1 January 2026 to 31 December 2027. Under the deal, Expressway Petroleum will lease the relevant assets and land-use rights to operate fuel, natural gas, asphalt, chemical products and related businesses, paying fixed annual rent of RMB28,996,800 (totaling RMB57,993,600 over the term), with the lease structured on normal commercial terms and determined with reference to the previous lease, comparable market rents and the assets’ location and size; as a continuing connected transaction under Hong Kong listing rules, it is exempt from independent shareholders’ approval but remains subject to reporting, announcement and annual review requirements, underscoring the company’s ongoing reliance on related-party arrangements for ancillary expressway services.

The most recent analyst rating on (HK:0995) stock is a Buy with a HK$16.50 price target. To see the full list of analyst forecasts on Anhui Expressway Company stock, see the HK:0995 Stock Forecast page.

More about Anhui Expressway Company

Anhui Expressway Company Limited is a Hong Kong-listed infrastructure operator incorporated in the PRC, primarily engaged in the investment, construction, operation and management of expressways and related ancillary facilities, including service areas and gas stations serving highway users in Anhui Province.

YTD Price Performance: 27.43%

Average Trading Volume: 1,729,223

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$27.49B

For detailed information about 0995 stock, go to TipRanks’ Stock Analysis page.

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