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Yuexiu Transport Wins Shareholder Backing for RMB1.15 Billion Shandong Expressway Deal

Story Highlights
  • Yuexiu Transport shareholders approved acquiring 85% of a Shandong expressway operator.
  • The RMB1.1535 billion deal passed unanimously by independent votes, advancing portfolio expansion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Yuexiu Transport Wins Shareholder Backing for RMB1.15 Billion Shandong Expressway Deal

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Yuexiu Transport Infrastructure ( (HK:1052) ) just unveiled an announcement.

Shareholders of Yuexiu Transport Infrastructure Limited have approved the company’s proposed acquisition of an 85% equity interest in Shandong Qinbin Expressway Construction Co., Ltd., which operates an expressway in Shandong Province, for a consideration of RMB1,153.5 million. At a special general meeting held on 31 December 2025, the ordinary resolution authorising the transaction and empowering directors to implement and amend related agreements was passed by poll with 100% of votes cast in favour, excluding the abstaining controlling shareholder Guangzhou Yue Xiu Holdings, related associates and an interested director; all directors attended the meeting, and the approval clears a key shareholder hurdle for the expansion of Yuexiu Transport’s expressway portfolio in mainland China.

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 Limited is a Hong Kong-listed infrastructure company incorporated in Bermuda that focuses on investment in, operation and management of toll roads and expressways in mainland China, providing transport infrastructure services primarily through equity stakes in expressway operating companies.

Average Trading Volume: 1,513,178

Technical Sentiment Signal: Buy

Current Market Cap: HK$7.9B

For an in-depth examination of 1052 stock, go to TipRanks’ Overview page.

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