[Successful Signing of G7611 Xichang Shangri La Sichuan Expressway Project] Recently, Sichuan Highway and Bridge Construction Group Co., Ltd., a wholly-owned subsidiary of Sichuan Road and Bridge Construction Group Co., Ltd., signed the "General Contracting Contract for the Construction of ZCB-3 Contract Section of the G7611 Xichang Shangri La Sichuan Expressway Project" with Sichuan Xixiang Expressway Construction and Development Co., Ltd., and the Road and Bridge Group will undertake the general contracting task for the construction of ZCB-3 Contract Section of the G7611 Xichang Shangri La Sichuan Expressway Project. The project content of this agreement is the construction of the ZCB-3 contract section (AK18+861~C5K134+440, M10K8+166) of the Sichuan Expressway from Xichang to Shangri La on the G7611 line ˉ M7K40+003.675) construction, mainly responsible for temporary engineering, roadbed, pavement, bridge and culvert, tunnel, intersection engineering, traffic safety, greening, housing construction, electromechanical, smart highway construction, and corresponding engineering restoration during the defect liability period. The total contract amount is approximately 32.408 billion yuan. The total construction period of the contract section is 54 months. The construction of this project is of great significance for improving the national and Sichuan Yunnan highway network, constructing a comprehensive three-dimensional transportation corridor in the Yangtze River Economic Belt, driving the development of tourism, mineral and cultural resources, and promoting high-quality economic development in the Panxi region. After the completion and opening to traffic, the history of no highways in Yanyuan and Muli counties will come to an end. Editor/Zhao E

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• 2026.06.04 15:05
• [Yondr locks in power for European and American data centers]
• Yondr Group, a global developer of ultra large scale data centers, has completed two new financing rounds, consisting of a global letter of credit instrument and a European holding company financing instrument, respectively used to lock in power capacity for European and American projects and reduce leverage on European platforms. The current power generation has become a core bottleneck in data center development, and the surge in demand for AI and cloud computing has intensified this competition. The two financing rounds were participated by multiple institutions such as French Foreign Trade Bank, BNP Paribas, and IFM Investors, providing capital ammunition for Yondr's continued expansion. Editor/Cheng Liting

• 2026.06.04 15:04
• [Hong Kong's first visit to Central Asia, signing seven cooperation agreements]
• Hong Kong Chief Executive Carrie Lam led 40 business leaders and 30 representatives of mainland enterprises to visit Kazakhstan, marking the first visit of the Chief Executive to Central Asia and receiving a high-level reception from President Tokayev. The two sides signed seven cross disciplinary agreements covering fields such as science and technology innovation, finance, and information technology, connecting the cooperation channel between the Hong Kong Stock Exchange and Astana International Financial Center. As the first place of the the Belt and Road and the largest trading partner of Hong Kong in Central Asia, Kazakhstan is accelerating its industrial transformation. Editor/Cheng Liting