Zhejiang Expressway Co. Ltd. held an extraordinary general meeting on December 19, 2025. At the meeting, shareholders approved the provision of a full principal-and-interest, unconditional, irrevocable, joint and several guarantee by Zhejiang Expressway Co. Ltd. and Ningbo Zhoushan Port Group Co., Ltd. in respect of an insurance debt investment plan of up to RMB5 billion to be undertaken by Zhejiang Yongzhou Parallel Line Phase II Expressway Co., Ltd. The guarantee will be implemented in tranches and stages and will take effect when the relevant loan is drawn.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhejiang Expressway Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251219-11962114), on December 19, 2025, and is solely responsible for the information contained therein.
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