Shenzhen Investment Holdings Bay Area Development Co. Ltd. Announces Joint and Entrusted Construction Agreements for Wudianmei and Xinlian Interchanges

Reuters

06-13

Shenzhen Investment Holdings Bay Area Development Co. Ltd. Announces Joint and Entrusted Construction Agreements for Wudianmei and Xinlian Interchanges

Shenzhen Investment Holdings Bay Area Development Co. Ltd. has announced two significant agreements related to infrastructure development. The company has entered into a Joint Construction Management Agreement for the Wudianmei Interchange, aimed at enhancing traffic capacity and service levels of the Approved Road Section. This move aligns with the company's strategy to strengthen its core competitiveness in the toll road industry. Additionally, the company has approved an Entrusted Construction Management Agreement for the Xinlian Interchange, constituting a connected transaction under Chapter 14A of the Listing Rules. These agreements, deemed fair and reasonable by the company's directors, are expected to benefit both the company and its shareholders, supporting its focus on infrastructure development in the Greater Bay Area.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shenzhen Investment Holdings Bay Area Development Co. Ltd. published the original content used to generate this news brief on June 13, 2025, and is solely responsible for the information contained therein.

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Ltd. Announces Joint and Entrusted Construction Agreements for Wudianmei and Xinlian Interchanges\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-06-13 17:59</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Shenzhen Investment Holdings Bay Area Development Co. Ltd. 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Ltd. published the original content used to generate this news brief on June 13, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250613:nNDL9WHSDD:1","article_id":"2543881526","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2543881526","pubTimestamp":1749808743,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Shenzhen Investment Holdings Bay Area Development Co. 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Announces Joint and Entrusted Construction Agreements for Wudianmei and Xinlian Interchanges\n    \n\n        Shenzhen Investment Holdings Bay Area Development Co. Ltd. has announced two significant agreements related to infrastructure development. The company has entered into a Joint Construction Management Agreement for the Wudianmei Interchange, aimed at enhancing traffic capacity and service levels of the Approved Road Section. This move aligns with the company's strategy to strengthen its core competitiveness in the toll road industry. Additionally, the company has approved an Entrusted Construction Management Agreement for the Xinlian Interchange, constituting a connected transaction under Chapter 14A of the Listing Rules. 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