Sichuan Chengyu Expressway (00107.HK) has entered into a transportation contract for floatation phosphate concentrate with Hongda Corporation.

Wisdom Financial News APP reported that Sichuan Chengyu Expressway (00107.HK) announced that on August 28, 2025, its indirectly wholly-owned subsidiary Chengyu Logistics signed a contract with Hongda Group for the transportation of flotation phosphate concentrate. Under this contract, Chengyu Logistics will provide transportation services for flotation phosphate concentrate to Hongda Group, with a total service fee cap estimated at 61.2 million yuan. Previously, Hongda Group had conducted an open tender for transportation service providers, and Chengyu Logistics ultimately won the bid.