Yuexiu Transport Infrastructure (01052) Announces Connected Transaction for GNSR Expressway Engineering Project

Bulletin Express
Feb 10

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited have stated that they bear no responsibility for the contents of the announcement by Yuexiu Transport Infrastructure Limited (the “Company”), make no representation as to its accuracy or completeness, and expressly disclaim any liability for any losses arising from it.

On 10 February 2026, the Company announced that GNSR Company, an indirect non-wholly owned subsidiary, and Chengtai Transportation entered into an engineering agreement (the “Executed Engineering Agreement”) for the mechanical and electrical engineering project related to the GNSR Expressway R&E project. The principal terms remain consistent with those disclosed on 5 February 2026, whereby Chengtai Transportation will provide mechanical and electrical engineering services under the Mechanical and Electrical Engineering Project.

According to the Company, this arrangement constitutes a connected transaction under Chapter 14A of the Listing Rules. It is subject to reporting and announcement requirements but is exempt from the circular (including independent financial advice) and independent shareholders’ approval requirements. The Company’s board of directors considers that the arrangement is fair and reasonable, on normal commercial terms, and in the ordinary course of business.

As of the date of the announcement, the board of directors of Yuexiu Transport Infrastructure Limited comprises Executive Directors: Liu Yan (Chairman), Yao Xiaosheng, Chen Jing, Cai Minghua, and Pan Yongqiang, and Independent Non-executive Directors: Fung Ka Pun, Lau Hon Chuen Ambrose, Cheung Doi Shu, and Peng Vincent Shen.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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