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Anhui Expressway Secures Management Contracts for Key Expressway Sections

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Anhui Expressway Secures Management Contracts for Key Expressway Sections

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Anhui Expressway Company ( (HK:0995) ) just unveiled an update.

Anhui Expressway Company Limited has entered into several Entrusted Management Agreements to provide management services for various sections of expressways in China from 2025 to 2026. These agreements, involving multiple interrelated companies, are expected to generate significant revenue, with aggregated annual caps set at approximately RMB16.36 million and RMB18.47 million for the financial years ending 2025 and 2026, respectively. The transactions are exempt from independent shareholders’ approval but will adhere to announcement, annual reporting, and review requirements.

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, incorporated in the People’s Republic of China, operates in the infrastructure sector, focusing on the management and operation of expressways. The company provides services related to assets maintenance, toll and inspection management, and other operational aspects of expressways.

YTD Price Performance: 24.29%

Average Trading Volume: 1,873,897

Technical Sentiment Signal: Buy

Current Market Cap: HK$28.74B

See more data about 0995 stock on TipRanks’ Stock Analysis page.

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