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Chengdu Expressway Co., Ltd. Class H ( (HK:1785) ) just unveiled an announcement.
Chengdu Expressway Co., Ltd. has announced the completion of the open tender process for the civil construction of the TJ1 and TJ6 sections of the Chengwenqiong Expressway Expansion Project. The successful bidders, Sichuan Transportation Construction Group Co., Ltd. and Xinjiang Beixin Road & Bridge Group Co., Ltd., are independent third parties. The company will enter into formal agreements with these parties, which may lead to discloseable or major transactions, subject to shareholder approval. This expansion project is significant for the company’s growth and infrastructure development in the region.
More about Chengdu Expressway Co., Ltd. Class H
Chengdu Expressway Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the infrastructure sector with a focus on expressway development and management. The company is involved in the investment and expansion of expressway projects, aiming to enhance transportation infrastructure within its market.
Average Trading Volume: 95,872
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.46B
See more data about 1785 stock on TipRanks’ Stock Analysis page.