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Qilu Expressway EGM Approves Key Resolutions and Director Appointments

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Qilu Expressway EGM Approves Key Resolutions and Director Appointments

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An update from Qilu Expressway Co., Ltd. Class H ( (HK:1576) ) is now available.

Qilu Expressway Co., Ltd. held an Extraordinary General Meeting (EGM) on August 28, 2025, where several key resolutions were passed. These included the approval of transactions under the 2024-2026 General Services and Sales Framework Agreements, as well as the appointment of Mr. Wei Yong as an executive director and Mr. Wang Hongyi as a non-executive director. The successful passing of these resolutions, with unanimous support, indicates a strategic alignment and potential growth for the company, reinforcing its governance and operational frameworks.

The most recent analyst rating on (HK:1576) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Qilu Expressway Co., Ltd. Class H stock, see the HK:1576 Stock Forecast page.

More about Qilu Expressway Co., Ltd. Class H

Qilu Expressway Co., Ltd. operates in the infrastructure sector, primarily focusing on the construction and management of expressways in China. The company is a significant player in the transportation industry, contributing to the development of road networks in Shandong Province.

Average Trading Volume: 202,850

Technical Sentiment Signal: Sell

Current Market Cap: HK$3.72B

For detailed information about 1576 stock, go to TipRanks’ Stock Analysis page.

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