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Yuexiu Transport Infrastructure ( (HK:1052) ) has provided an announcement.
Yuexiu Transport Infrastructure’s indirect subsidiary GNSR Company has awarded Poly Changda Engineering a civil construction contract for the Huocun Interchange Civil Construction Project, following an open tender conducted via the Guangzhou Public Resources Trading Center. Under a proposed agreement to be signed within 30 days of the 31 December 2025 letter of award, Poly Changda will provide civil construction services for a total contract value of RMB723.19 million, with GNSR selecting the bidder after evaluating technical capability, price, quality, safety, environmental and water conservation measures, and track record. As Guangdong Provincial Highway Construction Co., a subsidiary of GCGC, holds a stake in GNSR and GCGC also effectively controls a significant interest in Poly Changda, the deal is classified as both a connected transaction at the subsidiary level and a discloseable transaction under Hong Kong Listing Rules; the board and independent non-executive directors have deemed the terms fair and reasonable, triggering reporting and announcement obligations but exempting the company from circular and independent shareholder approval requirements. This contract underlines Yuexiu Transport Infrastructure’s continued expansion and upgrading of its road network assets while highlighting the regulatory scrutiny and governance processes around related-party construction mandates.
The most recent analyst rating on (HK:1052) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on Yuexiu Transport Infrastructure stock, see the HK:1052 Stock Forecast page.
More about Yuexiu Transport Infrastructure
Yuexiu Transport Infrastructure is a Hong Kong-listed company engaged in the investment, operation and management of transportation infrastructure assets, primarily toll roads and related facilities, with a focus on projects in Guangdong and other regions of mainland China through subsidiaries such as GNSR Company.
Average Trading Volume: 1,513,178
Technical Sentiment Signal: Buy
Current Market Cap: HK$7.9B
Find detailed analytics on 1052 stock on TipRanks’ Stock Analysis page.