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A subsidiary of Shangao New Energy (01250) plans to invest 24 million yuan to establish a joint venture with Shandong Hi-Speed New Energy Development
Shangao New Energy (01250) issued an announcement. On May 14, 2024 (after the trading session), Yingyu Hong Kong (...
Huachuang Securities: Multiple factors put slight pressure on the highway industry's 24Q1 performance, emphasizing the logic of searching for dividend assets to enhance
The Zhitong Finance App learned that Huachuang Securities released a research report saying that due to multiple factors, the highway industry's 24Q1 performance was slightly pressured, but this did not affect full-year expectations, and emphasized the logic of searching for dividend assets to enhance. In 2024, under the steady, moderate and positive trend of domestic and foreign economies, bus and truck traffic is expected to continue to grow steadily. Furthermore, the “Administrative Measures on Infrastructure and Public Utility Franchises” have been implemented since May 1 this year. It is recommended to pay attention to whether the toll road policy will change in the future. At the same time, the effectiveness of dividend asset investment strategies will continue to be effective for a long time to come. It is based on the entry of more high-quality assets into a business that values dividend returns
Express News | Shandong Expressway Group plans to issue US dollar perpetual bonds as early as this month.
SHANDONG HI-SPEED(600350):1Q24 RESULTS MISS; TOLL REVENUE UNDER SHORTTERM PRESSURE
1Q24 results miss our expectationsShandong Hi-speed announced its 1Q24 results:
Grand Duke: Follow the receipt of the “Notice of Response” by Shandong Expressway Group and the progress of major asset sales, transfers or major investment practices
Dagong is aware that on April 26, 2024, Shandong Expressway Group Co., Ltd. issued the “Notice of Shandong Expressway Group Co., Ltd. on Receipt and Progress of Major Asset Sales, Transfer or Major Investment Activities”. According to the “Notice”, the impact of this case on the Shandong Expressway will be judged based on the court's final ruling, actual implementation, etc., and Shandong Expressway and related units will actively respond to the lawsuit in accordance with the law, protect their legitimate rights and interests, and promptly disclose subsequent developments in accordance with relevant regulations. The Grand Duke will continue to monitor the progress of the above matters and keep in touch with Shandong Expressway to closely monitor the possible subsequent impact of these matters on their credit standards
Shandong Expressway (600350): 1Q24 performance falls short of expected toll revenue is under pressure in the short term
1Q24 results are lower than our expectations. The company announced 1Q24 results: revenue of 4.53 billion yuan. Due to the merger of the company and Information Group, the year-on-year decrease of 11.9% after the retroactive adjustment; net profit to mother was 770 million yuan, compared to the same period after retroactive adjustment
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