Shenzhen International Holdings (HK:0152) has released an update.
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Shenzhen International Holdings and its subsidiary SZ Expressway have entered into construction contracts for the Jihe Expressway R&E project after a standard bidding process. The contracts aim to enhance the company’s core business by improving the Jihe Expressway’s capacity, asset quality, and future growth potential. This development is classified as a major transaction under the Listing Rules, requiring compliance with reporting and shareholder approval protocols.
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