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Chengdu Expressway Co., Ltd. Concludes AGM with Key Approvals

Story Highlights
  • Chengdu Expressway’s AGM approved all proposed resolutions, including 2024 financial reports.
  • The company appointed a new auditor and authorized bond issuance, enhancing strategic positioning.
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Chengdu Expressway Co., Ltd. Concludes AGM with Key Approvals

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Chengdu Expressway Co., Ltd. Class H ( (HK:1785) ) has shared an announcement.

Chengdu Expressway Co., Ltd. announced the successful conclusion of its Annual General Meeting (AGM) held on May 15, 2025, where all proposed resolutions were approved by shareholders. Key outcomes include the approval of the 2024 financial reports, profit distribution plan, and the appointment of Deloitte Touche Tohmatsu as the auditor for 2025. The AGM also saw the election of Mr. Li Xiao as a non-executive director and authorized the board to issue bond-type financing instruments. These decisions are expected to reinforce the company’s financial management and strategic positioning in the infrastructure sector.

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 within the infrastructure industry. It primarily focuses on the development, operation, and management of expressways, contributing to the transportation sector in China.

Average Trading Volume: 101,583

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$3.74B

For an in-depth examination of 1785 stock, go to TipRanks’ Stock Analysis page.

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