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Chengdu Expressway Co., Ltd. Class H ( (HK:1785) ) has issued an announcement.
Chengdu Expressway Co., Ltd. has announced progress in the Chengwenqiong Expressway Expansion Project, a significant infrastructure initiative incorporated into multiple regional development plans. The project, which will expand the expressway to a two-way 8-lane standard, aims to enhance the company’s asset scale and operational sustainability. The tender for civil construction has been completed, with independent third-party companies winning bids totaling over RMB 3.49 billion. This expansion is expected to strengthen the company’s market position and improve its long-term development capabilities.
More about Chengdu Expressway Co., Ltd. Class H
Chengdu Expressway Co., Ltd. is a joint stock company incorporated in China, focusing on the development and operation of expressways. The company is involved in the construction and expansion of major expressway projects, contributing to the transportation infrastructure in the Chengdu region.
Average Trading Volume: 101,583
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$3.66B
For an in-depth examination of 1785 stock, go to TipRanks’ Stock Analysis page.