Ge Long Hui·2025-10-21 12:12Core Viewpoint - Wantuo Expressway (600012.SH) is focusing on expanding its investment in the highway sector to strengthen its core business and achieve sustainable development through a share acquisition of Shandong Highway [1] Group 1: Company Actions - Wantuo Expressway plans to acquire 7% of Shandong Highway's total shares, amounting to 338 million shares, through a private agreement with Shandong High Group [1] - The share transfer agreement was signed on October 21, 2025, indicating a strategic move to enhance the company's investment portfolio [1] - The transaction price is set at RMB 8.92 per share, leading to a total transaction value of RMB 3.019 billion [1] Group 2: Industry Context - As the only publicly listed highway company in Anhui Province, Wantuo Expressway is committed to identifying investment opportunities within the highway sector [1] - The company aims to leverage its confidence in the development prospects and value of Shandong Highway to drive growth and operational excellence [1]