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Chengdu Expressway Expands Asset Scale with New Agreements

Chengdu Expressway Expands Asset Scale with New Agreements

Chengdu Expressway Co., Ltd. Class H (HK:1785) has released an update.

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Chengdu Expressway Co., Ltd. has announced its involvement in the expansion of the Chengwenqiong Expressway, aiming to enhance its asset scale and operational quality. The company is entering land requisition and relocation agreements with Wenjiang District and Dayi County governments, marking significant steps in this large-scale infrastructure project. These transactions are deemed discloseable but do not require shareholder approval.

For further insights into HK:1785 stock, check out TipRanks’ Stock Analysis page.

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