Jiangsu Expressway (SHA:600377, HKG:0177) estimated that the annual cap for related-party transactions for the year reached 2.8 million yuan, according to a Thursday filing on the Hong Kong bourse.
The Chinese expressway company's Hong Kong shares rose 3%, while the Shanghai shares increased 2% during the afternoon trade.
The amount included annual rent that totaled 506,300 yuan and ten energy management contracts that amounted to 2.3 million yuan.
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