Jiangsu Expressway awards RMB995m construction contracts to connected parties

Jiangsu Expressway Company Limited announced connected transactions worth nearly RMB1 billion on July 25, 2025.

Its subsidiary Guangjingsicheng Company signed a RMB33 million safety facility construction contract running through December 2026.

A separate RMB962 million highway expansion project will see connected party Jiangsu Shuning Engineering Construction undertake 49.2% of the work, valued at RMB473 million. The expansion project runs until July 2026.