Anhui Expressway Signs Connected Contracts for G50 Expansion Project
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Anhui Expressway Company has signed contracts for the G50 expansion project, awarding procurement, supervision, and testing roles to subsidiaries of Anhui Transportation Holding Group. The contracts, signed on April 24, 2026, are considered continuing connected transactions under Hong Kong listing rules, with no need for independent shareholder approval due to their size. This move highlights the company's reliance on affiliated entities for essential services in the project. Anhui Expressway Company is involved in the investment and management of expressways in Anhui province and is listed in Hong Kong.
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