sh ind urban(00563.HK) announced a potential related trade, its wholly-owned subsidiary sh ind urban shanghai construction won the bid for consulting services for the Shanghai Shenyu project, and should pay a consulting fee of 12 million RMB to sh ind urban shanghai construction.

The project involves the widening and reconstruction of the G50 expressway (Shanghai section) from Jiamin elevated road in the east to Lianxi Road in the west, with a total length of about 35.5 kilometers, as well as the expansion and improvement project of Dianshan Lake service area, the transformation of overhead line bridges and horizontal road reconstruction, involving road works, bridge works, structural works, drainage works, smart highways, lighting, signage, landscaping, and other ancillary works.

Shanghai Shenyu is an indirect wholly-owned subsidiary of the company's major shareholder, Sh ind Holdings, therefore Shanghai Shenyu is the contact person of Sh ind Holdings and the related individual of the company.