Qilu Expressway Forms Joint Venture to Invest in Wind Power Tower Project
QILU EXPRESSWAY (01576.HK) plans to establish a joint venture to invest in the wind power mixed tower industry base project.
On January 9th, Gloonghui announced that QILU EXPRESSWAY (01576.HK) entered into a capital contribution agreement with Zhengchen Technology on January 9, 2025. According to this agreement, the subscribed capital contribution at the establishment of the joint venture company will be 0.1 billion RMB, of which the company and Zhengchen Technology plan to contribute 51 million RMB and 49 million RMB in MMF, respectively. The joint venture company will invest in the symbol project. The group intends to invest in the symbol project through the joint venture company, and the overview of the symbol project is as follows: The wind-solar mixed tower is a structure that supports the wind turbine on the Tower, providing stronger support and a more stable structure.
Qilu Expressway Unveils Board Structure and Leadership Roles
QILU EXPRESSWAY (01576.HK) intends to appoint Gao Yongjun as a non-executive Director.
On December 20, Glonghui announced that Ma Xianghui resigned as a non-executive director and a member of the Board of Directors' Global Strategy Committee due to work adjustments, effective from December 20, 2024. Based on the nomination by the Board of Directors' Nomination Committee and the Board's review, the Board of Directors recommends appointing Gao Yongjun as a non-executive director, effective from the date of approval by the company's Shareholders' Meeting until the term of the current Board of Directors expires.
Qilu Expressway to Fully Resume Two-Way Traffic on Jihe Expressway
QILU EXPRESSWAY (01576.HK): The reconstruction and expansion project of Jihe Expressway has fully restored bidirectional traffic.
On December 18, Gelonghui announced that QILU EXPRESSWAY (01576.HK) will restore two-way traffic along the entire line of the Jihe Expressway reconstruction and expansion project starting from 12:00 on December 20, 2024, based on the earlier restoration of traffic on some sections.
Qilu Expressway Sets New Toll Rates for Jihe Expansion
Shandong Provincial Government Approves Setting of Qilu Expressway's Toll Stations
QILU EXPRESSWAY (01576): The ShanDong provincial government has agreed to set up 10 toll stations on the expansion section of the JiHe Expressway.
QILU EXPRESSWAY (01576) announced the relevant arrangements for the company's implementation of the JiHe Expressway expansion and reconstruction project. The company received ShanDong...
Qilu Expressway (01576.HK) revenue for the first three quarters was 4.616 billion yuan, a year-on-year increase of 44.24%.
On October 29, Gelunhui announced that as of September 30, 2024, the qilu expressway (01576.HK) recorded revenues of 4.616 billion yuan, a year-on-year increase of 44.24%; profits of 0.393 billion yuan, a year-on-year decrease of 3.59%.
qilu expressway (01576) released its performance for the first three quarters, with a profit of 0.393 billion yuan, a decrease of 3.59% year-on-year.
Qilu Expressway (01576) announced its nine-month performance as of September 30, 2024, achieving revenue...
Qilu Expressway (01576.HK) recorded a profit of 0.393 billion RMB in the first three quarters, a 3.6% year-on-year decrease.
Qilu Expressway (01576.HK) announced its financial data for the first three quarters ending in September this year, with revenue of 4.616 billion Chinese yuan (RMB) and a year-on-year increase of 44.2%. Profit was 0.393 billion yuan, a year-on-year decrease of 3.6%.
Qilu Expressway Approves Strategic Amendments at EGM
Qilu Expressway Backs Subsidiary With RMB 200M Guarantee
Qilu Expressway (01576) provides guarantees for Shangdong Shunguang Industry.
Qilu Expressway (01576) announced in September 2024 that the company has entered into a partnership with Shandong Shunguang Industry to acquire shares in Bank of Beijing...
Qilu Expressway Announces Early Traffic Resumption
Qilu Expressway (01576.HK): Striving to achieve full two-way access on Jinan-Heze Expressway by the end of the year.
Gelonghui, September 24th, Qilu Expressway (01576.HK) announced the half-lane closure construction arrangement implemented by the company for the Jihai Expressway expansion project. In response to the progress of the expansion project, the Jihai Expressway Jinan Changqing section (Yinjialin Interchange to Xiaoli Interchange section) will resume two-way traffic in advance on September 26, 2024. The Jinan Pingyin and Taian Dongping sections of the Jihai Expressway (Xiaoli Interchange to Dongping Interchange section) strive to resume two-way traffic ahead of schedule in late October 2024. Jihai Expressway from Taian Dongping section to Heze Rilan Expressway Wangguantun Interchange section strives to resume two-way traffic by 2.
Qilu Expressway (01576.HK): The Jinan Changqing section of the Jihexi Expressway resumed two-way traffic ahead of schedule on Thursday.
Qilu Expressway (01576.HK) announced that in response to the progress of the reconstruction and expansion project, the Jinan-Changqing section of the Jihao Expressway will resume two-way traffic on September 26 (Thursday). The Jinan-Pingyin and Taian-Dongping sections of the Jihao Expressway will strive to resume two-way traffic ahead of schedule in late October. The Taian-Dongping section of the Jihao Expressway to the Wangguantun interchange of the Rilanjihao Expressway in Heze will strive to resume two-way traffic ahead of schedule in late December. The company aims to achieve full two-way connectivity of the Jihao Expressway by the end of the year.
Qilu Expressway Posts Lower H1 Profit
QILU EXPRESSWAY: 2024 INTERIM REPORT