Canggang Railway Eyes Expansion with New Corridor Plans

Canggang Railway Limited (HK:2169) has released an update.

Canggang Railway Limited is poised to enhance its role in the transportation network supporting Huanghua Port, as the local government plans a new railway access corridor connecting the port to Yangerzhuang Station. The company is exploring strategic partnerships with major state-owned transportation enterprises to improve coordination and control of the Huanghua Port Railway C&D System. However, these initiatives are still in preliminary stages, and investors are advised to remain cautious.

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