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Qilu Expressway Co., Ltd. Class H ( (HK:1576) ) just unveiled an update.
Qilu Expressway Co., Ltd. has announced its intention to enter into Supplemental Agreements with Shandong Hi-Speed Group to revise the annual caps under the 2024-2026 Continuing Connected Transactions Framework Agreements. These revisions are aimed at supporting the company’s expansion in expressway operations, construction projects, and industrial product sales, reflecting its growing operational scale and enhanced qualifications. The proposed adjustments to annual caps are intended to accommodate increased demand and improve market competitiveness, subject to approval by the company’s general meeting.
More about Qilu Expressway Co., Ltd. Class H
Qilu Expressway Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the expressway business. The company focuses on expanding its expressway operations, construction engineering, and industrial product sales, aiming to enhance its market competitiveness and product quality.
Average Trading Volume: 105,519
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.1B
For a thorough assessment of 1576 stock, go to TipRanks’ Stock Analysis page.