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Anhui Expressway Signs Agreements for Traffic Safety Upgrades

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Anhui Expressway Signs Agreements for Traffic Safety Upgrades

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An announcement from Anhui Expressway Company ( (HK:0995) ) is now available.

Anhui Expressway Company Limited has announced the signing of multiple Design and Construction General Contracting Agreements with a consortium for the renovation and upgrading of traffic safety facilities across various road sections. These agreements, involving subsidiaries of the company’s controlling shareholder, Anhui Transportation Holding Group, are considered connected transactions under the Listing Rules, potentially impacting the company’s operational efficiency and stakeholder relations by enhancing traffic safety infrastructure.

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 joint stock company incorporated in the People’s Republic of China, operating within the transportation infrastructure industry. The company focuses on the development, operation, and management of expressways and related facilities, primarily serving the transportation needs within Anhui Province.

YTD Price Performance: 26.05%

Average Trading Volume: 1,929,068

Technical Sentiment Signal: Buy

Current Market Cap: HK$28.81B

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

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