Dongxing Securities: Maintains a "Strong Buy" rating for Yuexiu Transport Infrastructure Limited (01052.HK). The project will increase the company's performance and sustainability in operations.
According to the Wise Financial APP, Dongxing Securities released a research report stating that Yuexiu Transportation Infrastructure (01052.HK) plans to acquire 85% equity of Qinbin Highway from Luji Ji to Zhanhua for a price of 1.154 billion yuan. The total length of the target road assets is 60.7 kilometers, with a remaining toll collection period slightly exceeding 20 years. Currently, the target road assets have achieved profitability. Dongxing Securities is optimistic about the future performance of the new acquisition project and the prospects of the expansion and reconstruction of the Guangzhou North Second Ring Highway. It maintains a "strongly recommended" rating for the company.
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