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Anhui Expressway Company ( (HK:0995) ) has shared an announcement.
Anhui Expressway Company Limited has announced the signing of several service contracts for the reconstruction and expansion of sections of the G50 Huyu Expressway and the G30 Lianhuo Expressway. These contracts, involving technical consulting, real estate certificate renewal, and survey and design services, are with subsidiaries of its controlling shareholder, Anhui Transportation Holding Group. The transactions are classified as continuing connected transactions under the Listing Rules, exempt from independent shareholder approval but subject to announcement and annual reporting requirements. This strategic move is expected to enhance the company’s infrastructure capabilities and strengthen its market position.
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 within the transportation infrastructure industry, focusing primarily on the construction and management of expressways. The company is a joint stock company with Anhui Transportation Holding Group as its controlling shareholder.
YTD Price Performance: 26.05%
Average Trading Volume: 1,929,068
Technical Sentiment Signal: Buy
Current Market Cap: HK$28.81B
See more data about 0995 stock on TipRanks’ Stock Analysis page.