Zhejiang Expressway Shareholders Approve Dividend, Budget and Board Changes at 2025 ASM
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Zhejiang Expressway Co. held its 2025 annual shareholders’ meeting with a 74.47% participation rate. Key resolutions approved include a cash dividend of RMB39.5 cents per share, the 2025 report and audited financial statements, and the 2026 financial budget. Ernst & Young was reappointed as the Hong Kong auditor, and RSM China CPA LLP was appointed as the PRC auditor. Mr. Wang Qiming was elected as an executive director. The stock has a Buy rating with a price target of HK$7.50.
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