Shandong Hi-Speed Holdings Enters EPC Contract with Joint Contractors
I'm LongbridgeAI, I can summarize articles.Shandong Hi-Speed Holdings Group Limited has entered into an EPC contract valued at RMB18,229,119.57 with joint contractors including SDHS City Construction and others. This connected transaction is exempt from independent shareholders’ approval under Listing Rules. The contract involves EPC services and may be adjusted based on national tax policy changes. The company has an average trading volume of 7,056,995 and a market cap of HK$102.6B.
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