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浙江沪杭甬拟换股吸并镇洋发展 实现“A+H”两地上市

Group 1 - Zhejiang Zhenyang Development Co., Ltd. disclosed a major asset restructuring plan, where Zhejiang Huhangning Expressway Co., Ltd. intends to absorb Zhenyang Development through a share exchange, with an exchange ratio of 1:1.08 [1] - Upon completion of the merger, Zhenyang Development will terminate its listing and Zhejiang Huhangning will assume all assets, liabilities, and rights of Zhenyang Development, creating a dual listing structure of "Hong Kong stock + A-share" [1][2] - Zhejiang Huhangning's business will expand into the chemical industry, enhancing its overall strength through the integration of assets, personnel, and management [2] Group 2 - The merger is seen as a strategic move for diversification and business expansion, allowing Zhejiang Huhangning to enhance its risk resistance by entering the chemical sector [3] - The transaction is expected to facilitate state-owned enterprise reform and management optimization, with the controlling shareholder, Transportation Group, aiming to eliminate redundant structures and accelerate development in hydrogen energy and photovoltaic materials [3][4] - The restructuring will optimize corporate governance, improve resource allocation efficiency, and enhance the core competitiveness of the merged entity [4]