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Jiangsu Ninghu (00177.HK) invested 1.272 billion yuan to construct the Danjin Expressway project.
Jiangsu Expressway (00177.HK) announced that it had signed a capital contribution agreement with Changzhou Transportation Holdings Group last Saturday (16th), agreeing to jointly invest in the establishment of "Jiangsu Danjin Expressway Co., Ltd." (Danjin Company), which is responsible for the investment, construction, and operation management of the Danjin project. It was disclosed that the estimated total investment of Danjin Expressway is 14.563 billion yuan, of which the project capital is 5.825 billion yuan, accounting for 40% of the total investment. In addition, the initial registered capital of Danjin Company is tentatively set at 1.704 billion yuan. Among them, Jiangsu Expressway invested 1.271 billion yuan, accounting for 74.6%; Changzhou Transport
Jiangsu Expressway (00177.HK): Established a joint venture company with Changzhou Jiaokong to be responsible for the investment, construction, and operation management of the Dankin project.
Glory Exchange on November 17 announced that jiangsu express (00177.HK) announced that to optimize the road network construction and continue to consolidate its dominant position in the southern Jiangsu road network, the company approved the proposal on the investment and construction of the Funning to Liyang Expressway Danyang to Jintan section project at the Fifth Meeting of the Eleventh board of directors held on October 29, 2024, approving an investment in the Danyang to Jintan section of the Funning to Liyang Expressway (referred to as the "Danjin project"), with the company planning to invest a capital of 1.27118 billion yuan using its own funds and other funds that are legally available for capital contribution with Changzhou City investment.
Jiangsu Expressway Co. Invests in Fuli Expressway Expansion
Jiangsu Expressway (600377.SH): Intends to establish Hezi Danjin Company to be responsible for the investment, construction, and operation management of the Danjin project.
Gelonghui reported on November 17 that jiangsu expressway (600377.SH) announced that on November 16, 2024, the company has signed a funding agreement with Changzhou Transportation Holding Group Co., Ltd. (hereinafter referred to as "Changzhou Traffic Control"), agreeing to jointly invest to establish jiangsu Danjin Expressway Co., Ltd. (tentative name, hereinafter referred to as "Danjin Company"), responsible for the investment, construction, and operation management of the Danjin project. The scope of the project construction proposed in this agreement includes: starting from the Danjiang New Area Hub at the intersection of Huroeng Expressway, connecting to the built Zhenjiang to Danjiang Expressway to the north, and extending southwards through Danjiang East, Erlin, Jintan East, and Jaz.
Express News | Jiangsu Expressway: Signed a capital contribution agreement with Changzhou Jiaokong to jointly invest in the Danjin project.
Jiangsu express (00177.HK) provides proportionate capital increase to Guangjing Xicheng Company.
On November 14, Gronto.com announced that on November 14, 2024, jiangsu expressway (00177.HK), together with Merchants Group Highway and Guangjing Xicheng Company, signed a "Capital Increase Agreement". Guangjing Xicheng Company increased its capital by 1600 million yuan, with its shareholders contributing according to their shareholding ratio. Among them, our company subscribed 1360 million yuan to Guangjing Xicheng Company's capital amount of 409,702,283 yuan, while Merchants Group Highway subscribed 240 million yuan to Guangjing Xicheng Company's capital amount of 72,300,403 yuan. This capital increase.
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