Anhui Expressway plans to sign a framework agreement on construction works and related services with its controlling shareholder, Anhui Transportation Holding Group. The agreement is valid for three years, with total transactions expected not to exceed 7.404 billion yuan during the term. It aims to meet the company's needs for construction projects such as expressway expansion and renovation. Transaction pricing will follow market principles and is subject to shareholder approval.
Anhui Expressway Co LtdThe framework agreement secures up to 7.404 billion yuan in construction projects for expressway expansion and renovation, boosting demand for the company's services.