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.
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