China Shipbuilding Industry Corporation: intends to sell up to 99,758,000 shares of China Communications Construction Company Limited, accounting for 0.94% of the total share capital.

date
27/04/2026
Zhenhua Heavy Industries announced that the company and its subsidiary, Shanghai Zhenhua Port Machinery Co., Ltd., plan to sell their holdings of China Railway Signal & Communication Corporation Limited through competitive bidding or block trading, with a maximum of 99.758 million shares to be sold, accounting for 0.94% of CRSC's total share capital. They also plan to sell their holdings of Jiangxi Huawo Brake Co., Ltd., with a maximum of 8.5315 million shares to be sold, accounting for 2.06% of Huawo's total share capital. The total estimated transaction amount is approximately 405 million RMB, with a total book cost of approximately 505 million RMB.