Shenzhen Expressway Corporation Ltd. Announces Strategic Focus on Toll Highway Operations, Environmental Protection, Solid Waste Recycling, and Clean Energy Power Generation
Reuters
Nov 12
<a href="https://laohu8.com/S/SHZNY">Shenzhen Expressway</a> Corporation Ltd. Announces Strategic Focus on Toll Highway Operations, Environmental Protection, Solid Waste Recycling, and Clean Energy Power Generation
Shenzhen Expressway Corporation Limited has announced strategic actions aimed at enhancing the utilisation and value preservation of proceeds from its recent A Shares Issuance, which raised approximately RMB4.7 billion. The company plans to subscribe to structured deposit products with Jiangsu Bank, seeking to better preserve and increase the value of its funds and enhance overall returns. The board of directors believes these transactions are on normal commercial terms and in the interest of the company and its shareholders. Shenzhen Expressway Corporation Limited will continue to focus on its principal areas of investment, construction, operation and management of toll highways, as well as its general-environmental protection business, which includes solid waste recycling treatment and clean energy power generation.
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