Chengdu Expressway Shareholders Approve Governance Overhaul and Abolish Supervisory Committee

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

Chengdu Expressway Co., Ltd., a Hong Kong-listed expressway operator based in Chengdu, Sichuan Province, manages toll road and related transportation infrastructure in the PRC. At an extraordinary general meeting held on 23 December 2025, shareholders overwhelmingly approved special resolutions to abolish the company’s Supervisory Committee and amend its articles of association, as well as revise the rules of procedure for general meetings and the board of directors. Following these changes, the audit and risk management committee of the board, currently comprising three directors, will assume the duties and powers formerly exercised by the Supervisory Committee. The company stated that the termination of all supervisors’ terms will not affect normal operations or board functioning, with departing supervisors reporting no disagreements with the board, signaling a governance restructuring aimed at streamlining oversight without disrupting business stability.

The most recent analyst rating on (HK:1785) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on Chengdu Expressway Co., Ltd. Class H stock, see the HK:1785 Stock Forecast page.

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 and listed in Hong Kong, operating in the expressway infrastructure sector with a focus on toll road operation and related transport services in and around Chengdu, Sichuan Province.

Average Trading Volume: 1,252,903

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.49B

For detailed information about 1785 stock, go to TipRanks’ Stock Analysis page.