Core Viewpoint - Zhejiang Huhangyong (00576) is proposing a share swap merger with Zhenyang Development to achieve a dual listing in both A-share and H-share markets, which is expected to enhance funding sources for highway construction and capitalize on development opportunities in the Yangtze River Delta [1] Group 1: Company Actions - Zhejiang Huhangyong's share price increased by nearly 4%, reaching HKD 7.02, with a trading volume of HKD 28.62 million [1] - The company plans to issue A-shares at a price of RMB 13.5, while the swap price for Zhenyang Development shares is set at RMB 14.58, with a conversion ratio of 1 share of Zhenyang Development to 1.08 A-shares of Zhejiang Huhangyong [1] - A total of 216 million A-shares will be issued, along with 4.492 billion A-shares from the conversion of existing domestic shares, which will be listed on the Shanghai Stock Exchange [1] Group 2: Financial Metrics - The issuance price represents a premium of 119.01% compared to the closing price on September 2, based on the exchange rate of 1 HKD to 0.91183 RMB [1] - The merger is expected to provide significant financial support for highway construction projects [1]