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Shandong Hi-Speed Road & Bridge Group (000498.SZ): is planning to repurchase the company's shares.
On April 11, Glonghui reported that Shandong Hi-Speed Road & Bridge Group (000498.SZ) announced that based on confidence in the Capital Markets and the company's future development, and considering factors such as recent stock prices, Operation financial status, future profitability, and development prospects, Shandong Hi-Speed Road & Bridge Group Co., Ltd. is planning to repurchase its shares. The company intends to repurchase shares through the Shenzhen Securities Exchange trading system via a centralized bidding method. The total amount of funds for the repurchase is set at not less than 50 million yuan (inclusive) and not more than 100 million yuan (inclusive), with the repurchased shares priced according to legal regulations. Specific details are subject to decision-making authority.
Express News | Shandong Hi-Speed Road & Bridge Group: plans to repurchase shares worth 50 million to -0.1 billion yuan.
Shandong Hi-Speed Road & Bridge Group (000498.SZ): Won the bid for the Nanjing EOD project and invested.
On April 10, Gelonghui announced that Shandong Hi-Speed Road & Bridge Group (000498.SZ) was confirmed as the winning bidder for the Nanjing EOD project on October 22, 2024, as the leading party in the consortium. The company's subsidiary won the construction and installation cost of 1.514 billion yuan and the design cost of 0.04 billion yuan. To actively respond to the bidding documents for this project, Shandong Hi-Speed Road & Bridge Group plans to invest 348.3923 million yuan through its own funds or designated third-party funds, along with consortium members Ecological Environment Group and Muan Fund, in the form of capital increase to become shareholders of the provincial-level EOD library application and implementation entity, Nanjing Jiangnan Circular Economy Investment Development Co., Ltd.
Express News | Shandong Hi-Speed Road & Bridge Group: The subsidiary has obtained the property ownership certificate for the symbol.
Shandong Hi-Speed Road & Bridge Group (000498): A leader in Shandong Infrastructure, pragmatic and striving for excellence.
Based in Shandong, with a nationwide layout. Shandong Hi-Speed Road & Bridge Group was established in 1948, originally as the Engineering Department of the Shandong Provincial Trucking Administration. It was reorganized into Shandong Hi-speed Group in 2005 and went public in 2012. The company has been participating in Algeria since 2006.
Shandong Hi-Speed Road & Bridge Logs 21.5 Billion Yuan New Orders in Q4