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Huayu Expressway Group Limited ( (HK:1823) ) has issued an update.
Huayu Expressway Group Limited announced that its subsidiary, Guizhou Renhuai Huayu Liquor Co., Ltd., has secured a RMB300 million banking facility from China Construction Bank Corporation for the construction of the Chanshu Village Project in Guizhou Province. This agreement, which includes a corporate guarantee from Huayu Expressway, aims to enhance the company’s financing resources and strengthen its cash flow without constituting a notifiable or connected transaction under Hong Kong’s listing rules.
More about Huayu Expressway Group Limited
Huayu Expressway Group Limited is a company incorporated in the Cayman Islands, and it engages in infrastructure projects with a focus on expressway management and related services.
Average Trading Volume: 120,960
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$218.7M
See more data about 1823 stock on TipRanks’ Stock Analysis page.