FilingReader Intelligence

Qilu Expressway seeks 4x increase in transaction caps

July 24, 2025 at 05:06 PM UTCBy FilingReader AI

Qilu Expressway Company Limited announced proposed revisions to significantly increase annual transaction caps with parent Shandong Hi-Speed Group through 2026.

The most dramatic increase affects General Services, with the 2026 cap rising from RMB100m to RMB400m. General Sales caps for 2025-2026 would increase to RMB500m from RMB150m-180m previously.

Services Provision caps rise to RMB180m for both 2025-2026, while General Procurement caps increase to RMB120m from RMB55m, citing increased demand and business expansion.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

HKEX:1576Hong Kong Exchange

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