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Qilu Expressway Co., Ltd. Class H ( (HK:1576) ) has provided an announcement.
Qilu Expressway Co., Ltd. announced a connected transaction involving the establishment of a joint venture with Shandong Zhengchen Technology Co., Ltd. This strategic partnership is expected to optimize capital contributions and enhance collaborative opportunities between the involved entities, potentially strengthening Qilu Expressway’s market position and operational capabilities within the transportation sector.
More about Qilu Expressway Co., Ltd. Class H
Qilu Expressway Co., Ltd. operates in the transportation infrastructure industry, primarily focusing on the development and management of expressways in China. The company engages in activities that support efficient road transportation, contributing to regional economic growth.
YTD Price Performance: 0.0%
Average Trading Volume: 62,491
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$4.6B
See more insights into 1576 stock on TipRanks’ Stock Analysis page.
