Shanxi Expressway announced on December 29 that the company plans to acquire 15% of the shares of Shanxi Transportation Industrial Development Group Co., Ltd. held by Suqi Group Co., Ltd. in cash at a transaction price of 74.8 million yuan. This transaction constitutes a related transaction, but it does not constitute a major asset restructuring as stipulated in the China Securities Regulatory Commission's “Administrative Measures on Major Asset Restructuring of Listed Companies”. The transaction amount exceeds 30 million yuan, but it does not exceed 5% of the absolute value of the latest audited net assets of the listed company. The transaction can be implemented after approval by the company's board of directors, and there is no need to submit it to the company's shareholders' meeting for consideration. The deal was reviewed and approved by the fourth meeting of the 9th board of directors of the company, and the relevant directors avoided voting.

Zhitongcaijing · 2d ago
Shanxi Expressway announced on December 29 that the company plans to acquire 15% of the shares of Shanxi Transportation Industrial Development Group Co., Ltd. held by Suqi Group Co., Ltd. in cash at a transaction price of 74.8 million yuan. This transaction constitutes a related transaction, but it does not constitute a major asset restructuring as stipulated in the China Securities Regulatory Commission's “Administrative Measures on Major Asset Restructuring of Listed Companies”. The transaction amount exceeds 30 million yuan, but it does not exceed 5% of the absolute value of the latest audited net assets of the listed company. The transaction can be implemented after approval by the company's board of directors, and there is no need to submit it to the company's shareholders' meeting for consideration. The deal was reviewed and approved by the fourth meeting of the 9th board of directors of the company, and the relevant directors avoided voting.