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Anhui Expressway Company ( (HK:0995) ) has shared an update.
Anhui Expressway Company Limited announced its entry into an Equipment and Related Services Procurement Framework Agreement with Jiaoyun Group on January 24, 2025. This agreement, running until December 31, 2027, allows the company to procure equipment and services essential for its operations from Jiaoyun Group, a connected entity under the Listing Rules. The transactions, valued at up to RMB30 million, are exempt from independent shareholders’ approval but are subject to reporting and review requirements. This strategic partnership is expected to streamline operational processes and reinforce its market position.
More about Anhui Expressway Company
Anhui Expressway Company Limited, incorporated in China, operates in the transportation industry focusing on expressway development and management. It is a joint stock company with Anhui Transportation Holding Group as its controlling shareholder.
YTD Price Performance: 1.49%
Average Trading Volume: 1,433
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.25B
For a thorough assessment of 0995 stock, go to TipRanks’ Stock Analysis page.
