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Sichuan Expressway Co ( (HK:0107) ) has provided an announcement.
Sichuan Expressway Co, through its subsidiary Chengyu Logistics, has secured a contract to provide flotation phosphate concentrate transportation services to Hongda, with a service fee capped at RMB61.2 million. This transaction, classified as a connected transaction under Hong Kong’s Listing Rules, highlights Chengyu Logistics’ competitive positioning in the logistics sector, having won the contract through an open tender process.
More about Sichuan Expressway Co
Sichuan Expressway Co is a company based in the People’s Republic of China, primarily involved in logistics and transportation services. The company operates through its subsidiary, Chengyu Logistics, providing specialized transportation solutions.
Average Trading Volume: 4,722,146
Technical Sentiment Signal: Buy
Current Market Cap: HK$17.76B
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