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Shanghai Dazhong Expands Logistics with New LPG Contracts

Shanghai Dazhong Expands Logistics with New LPG Contracts

Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H (HK:1635) has released an update.

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Shanghai Dazhong Public Utilities has solidified its role in the Shanghai energy market by signing two significant contracts through its subsidiary, Dazhong Logistics Delivery. The agreements involve providing delivery and transportation services for LPG cylinders in Shanghai’s Chongming and Qingpu districts, showcasing the company’s expanding logistics capabilities. These contracts, while classified as connected transactions, highlight Dazhong’s strategic partnerships and growing influence in the region.

For further insights into HK:1635 stock, check out TipRanks’ Stock Analysis page.

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