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Shandong Hi-Speed Holdings Group Limited ( (HK:0412) ) has shared an update.
Shandong Hi-Speed Holdings Group Limited, through its subsidiary Jinan SHNE Technology, has entered into an EPC contract with SDHS City Construction, Shandong Provincial Communications Planning and Design Institute, and China Hydropower Engineering. The contract, valued at RMB18,229,119.57, involves the provision of EPC services for a project, with the fee subject to adjustment based on national tax policy changes. This transaction is classified as a connected transaction under the Listing Rules, requiring reporting and announcement but exempt from independent shareholders’ approval due to its percentage ratio.
More about Shandong Hi-Speed Holdings Group Limited
Average Trading Volume: 7,056,995
Technical Sentiment Signal: Buy
Current Market Cap: HK$102.6B
See more insights into 0412 stock on TipRanks’ Stock Analysis page.