Guangdong Expressway A plans to acquire 25% equity in the Guangzhou-Zhuhai section and 25% equity in Yuezhao Company for 1.437 billion yuan each
2026-11-10 20:26:31
According to CoinMeta, Guangdong Expressway A (000429.SZ) announced that the company intends to acquire 25% of the equity in the Guangzhou-Zhuhai section of the Beijing-Zhuhai Expressway held by New Guangdong Highway Construction Co., Ltd. for cash, at a transaction price of 747 million yuan. It also plans to acquire 25% of the equity in Zhaoqing Yuezhao Highway Co., Ltd. held by Xunhao International Co., Ltd. for 690 million yuan. The total amount of this transaction is 1.437 billion yuan, which accounts for 12.93% of the company's net assets at the end of 2025. After the completion of the transactions, the company will hold 100% of the equity in the Guangzhou-Zhuhai section company and 50% of the equity in Yuezhao company. This transaction still requires approval from the shareholders' meeting.
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Source:Jin10 Data
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