Ge Long Hui·2025-12-19 13:06Core Viewpoint - Sichuan Chengyu Expressway (00107.HK) announced a conditional equity transfer agreement to acquire 85% of Hubei Jingyi Expressway Co., Ltd. for RMB 2.41 billion, which will enhance the company's highway project holdings and overall asset scale [1] Group 1: Acquisition Details - The acquisition involves Sichuan Chengyu's wholly-owned subsidiary, Shunan Company, agreeing to purchase the equity from Shudao Chuangtou [1] - The transaction price for the acquisition is RMB 2.41 billion [1] - Upon completion, the target company will become an indirect subsidiary of Sichuan Chengyu, consolidating its financial performance into the company's financial statements [1] Group 2: Strategic Benefits - The acquisition is expected to increase the company's controlled highway projects, thereby enhancing its asset scale and achieving economies of scale [1] - The integration of the target company will improve the company's network scale and sustainability, optimizing asset structure and reinforcing core competitiveness [1]