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Sichuan Expressway Clears Key EGM Resolutions on Chengya Expansion with Controlling Shareholder Abstention

Story Highlights
  • Sichuan Expressway’s EGM in Chengdu achieved strong shareholder turnout, representing about 59% of voting shares.
  • Key Chengya expansion and construction framework resolutions passed with controlling shareholder abstaining, highlighting compliance with listing rules and minority participation.
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Sichuan Expressway Clears Key EGM Resolutions on Chengya Expansion with Controlling Shareholder Abstention

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Sichuan Expressway Co ( (HK:0107) ) has provided an update.

Sichuan Expressway Company Limited reported the poll results of its extraordinary general meeting held on 24 December 2025 in Chengdu, confirming that all directors, senior management and legal advisers attended and that shareholder participation represented about 59.35% of the company’s issued voting share capital. On the key resolutions relating to construction contracts for the Chengya Expressway Expansion Project and a framework agreement for construction works and related services, the controlling shareholder Shudao Investment and its associates, which collectively hold about 39.86% of the company’s equity, abstained from voting due to their connected status, while no other shareholders were required to abstain or had indicated opposition, underscoring compliance with Hong Kong listing rules and clearing the way for the group’s planned expansion and related-party transactions to proceed with minority shareholder participation.

More about Sichuan Expressway Co

Sichuan Expressway Company Limited is a PRC-incorporated toll-road operator engaged in the investment, construction, operation and management of expressways and related infrastructure in Sichuan Province, with both A shares and H shares listed in Hong Kong, serving domestic and international investors in China’s transport infrastructure sector.

Average Trading Volume: 2,116,760

Technical Sentiment Signal: Buy

Current Market Cap: HK$19.66B

Learn more about 0107 stock on TipRanks’ Stock Analysis page.

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