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Chengdu Expressway Co., Ltd. Announces AGM and Bond Issuance Plans

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Chengdu Expressway Co., Ltd. Announces AGM and Bond Issuance Plans

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Chengdu Expressway Co., Ltd. Class H ( (HK:1785) ) just unveiled an update.

Chengdu Expressway Co., Ltd. has announced its upcoming annual general meeting scheduled for May 15, 2025, where key resolutions will be considered. These include the approval of the 2024 financial reports, profit distribution, and the election of a new non-executive director. Additionally, the company seeks to grant a mandate to issue bond-type financing instruments up to RMB3,000 million to capitalize on market opportunities, which could enhance its financial flexibility and support future growth initiatives.

More about Chengdu Expressway Co., Ltd. Class H

Chengdu Expressway Co., Ltd. operates in the transportation infrastructure industry, focusing on the management and operation of expressways in the People’s Republic of China. The company is primarily involved in providing road transportation services and is strategically positioned in the high-tech zone of Chengdu, Sichuan Province.

YTD Price Performance: -16.32%

Average Trading Volume: 109,441

Technical Sentiment Signal: Hold

Current Market Cap: HK$3.35B

See more insights into 1785 stock on TipRanks’ Stock Analysis page.

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