Jiangsu Expressway subsidiary inks CNY 10.43m road project deal

Jiangsu Expressway (SSE:600377) announced that its subsidiary, Longtan Bridge Company, has entered into a three-party agreement with Jiangsu Transportation Engineering Construction Bureau (交建局) and Modern Transportation Company. Under the terms, Modern Transportation Company will provide steel guardrail construction for the Ningyang Yangtze River Bridge North Connection project, specifically section YL-YZ32, for a total contract value not exceeding CNY 10.43 million. The agreement spans from May 1, 2025, to December 31, 2025.