Zhejiang Expressway Calls H-Shareholders’ Meeting on Absorption Merger and A-Share Issuance Mandate

Zhejiang Expressway Co ( (HK:0576) ) has shared an update.

Zhejiang Expressway Co., Ltd. has convened an H Shares class meeting on 20 March 2026 in Hangzhou for holders of its H shares to vote on a series of special resolutions underpinning its planned absorption and merger of Zhejiang Oceanking Development Co., Ltd. via a share swap. The proposals cover the detailed merger plan, including share issuance terms, treatment of fractional and restricted shares, arrangements for dissenting shareholders and employees, handling of assets, claims and debts, as well as the adoption of a new articles of association draft to apply upon the listing of A shares, the granting of a specific mandate to issue new A shares, and broad authorization for the board to execute and manage all transaction-related matters, signaling a significant corporate restructuring and capital-market move that could reshape the group’s structure and shareholder base.

The most recent analyst rating on (HK:0576) stock is a Buy with a HK$7.50 price target. To see the full list of analyst forecasts on Zhejiang Expressway Co stock, see the HK:0576 Stock Forecast page.

More about Zhejiang Expressway Co

Zhejiang Expressway Co., Ltd. is a PRC-incorporated joint stock company primarily engaged in the investment, construction, operation and management of expressways and related infrastructure in Zhejiang Province. Listed in Hong Kong, the company serves the transportation sector and related commercial services along its road network, catering to growing traffic flows and regional economic development.

Average Trading Volume: 6,164,299

Current Market Cap: HK$45.41B

For detailed information about 0576 stock, go to TipRanks’ Stock Analysis page.