宁波建工15.3亿重组过会解决同业竞争 总资产将达414亿国资持股升至47.86%

Core Viewpoint - Ningbo Construction's asset restructuring has been approved, allowing the company to acquire 100% equity of Ningbo Traffic Engineering Construction Group for 1.527 billion yuan, enhancing its competitive position and resolving industry competition issues with its controlling shareholder [2][4][6]. Group 1: Transaction Details - The transaction involves issuing shares to purchase 100% equity of Ningbo Traffic Engineering Construction Group from its controlling shareholder, Ningbo Transportation Investment Group, with a valuation of 1.527 billion yuan and a premium of 16.49% [6][7]. - After the transaction, Ningbo Construction's total assets are projected to reach 41.405 billion yuan, a 32.91% increase from before the restructuring [3][9]. - The controlling shareholder's stake in Ningbo Construction will increase from 26.87% to 47.86%, solidifying its control [7][8]. Group 2: Financial Impact - Post-restructuring, Ningbo Construction's revenue and net profit attributable to shareholders are expected to increase by 26.81% and 54.48%, respectively, based on financial data from the first half of 2025 [3][9]. - Ningbo Traffic Engineering Construction Group's revenue for 2023 to the first half of 2025 is projected at 5.664 billion yuan, 5.749 billion yuan, and 2.459 billion yuan, with net profits of 125 million yuan, 120 million yuan, and 71.097 million yuan [8][9]. - As of June 2025, Ningbo Traffic Engineering Construction Group's total assets are estimated at 10.281 billion yuan, with liabilities of 8.7 billion yuan [9].