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Qilu Expressway Co., Ltd. Class H ( (HK:1576) ) has shared an announcement.
Qilu Expressway Co., Ltd. has announced a proposed revision of the annual caps for its 2024-2026 Continuing Connected Transactions Framework Agreements due to increased business activities and project requirements. The company has entered into Supplemental Agreements with Shandong Hi-Speed Group to accommodate these changes, which will require compliance with the Hong Kong Listing Rules, including obtaining Independent Shareholders’ approval for certain agreements.
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 focused on infrastructure development, including expressway operations. The company is involved in various construction projects and the sale of industrial products, with a significant market focus on reconstruction and expansion works.
Average Trading Volume: 105,627
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$4.18B
For detailed information about 1576 stock, go to TipRanks’ Stock Analysis page.