ELHT(SH:600133) Zheng Quan Zhi Xing·2025-08-25 17:31Core Viewpoint - The company has decided to waive its preferential purchase rights and subscription rights regarding the transfer of 66% equity in Hubei Road and Bridge Group Co., Ltd. to its controlling shareholder, Hubei Construction Investment Group Co., Ltd., as part of an internal resource integration strategy [1][3][10]. Summary by Sections Proposed Related Transactions Overview - Hubei Construction Investment Group intends to acquire 66% equity in Hubei Road and Bridge through a private agreement and plans to inject capital not exceeding 2.5 billion yuan, with 1.313 billion yuan as new registered capital [2][3]. - After the capital increase, the registered capital of Hubei Road and Bridge will rise from 2 billion yuan to 3.313 billion yuan [2][10]. Related Party Relationship Explanation - The transaction involves Hubei Construction Investment Group, the controlling shareholder of the company, which constitutes a related party transaction but does not qualify as a major asset restructuring under relevant regulations [3][11]. Review Procedures - The proposed related transactions have been approved by the company's board of directors and supervisory committee, with independent directors also providing their consent [3][11]. Basic Information on Related Transactions - The transaction involves waiving rights related to the preferential purchase and subscription of Hubei Road and Bridge's equity, categorized under the Shanghai Stock Exchange's rules [6][9]. Valuation and Pricing Policy - The total equity value of Hubei Road and Bridge is assessed at 3.808 billion yuan, with the transfer price for the 66% equity set at approximately 2.513 billion yuan [9][10]. Reasons for Waiving Rights and Impact on the Company - The decision to waive these rights is based on strategic considerations, focusing on the company's core business and financial situation, and is not expected to adversely affect the company's main operations or financial results [10][11].