Sichuan Chengyu Expressway Co., Ltd. (00107.HK) plans to acquire 85% equity of Hubei Jingyi Expressway Co., Ltd. for approximately 2.409 billion yuan.

date
19/12/2025
Wisdom Finance and Economics APP News, Sichuan Chengdu-Chongqing Expressway (00107.HK) announced that on December 19, 2025, the company's wholly-owned subsidiary Shunan Company entered into an equity transfer agreement with Shudao Capital, in which Shunan Company conditionally agreed to purchase 85% equity of the target company (Hubei Jingyi Expressway Limited Company) for a price of 2.409 billion yuan. The target company's main business is investment, construction, operation, and management of the Jingyi Expressway.