Core Viewpoint - Sichuan Chengyu Highway Co., Ltd. is acquiring 85% equity of Hubei Jingyi Highway Co., Ltd. for 2.409 billion yuan, marking its first cross-province asset acquisition to expand its national network [1][2] Group 1: Acquisition Details - The acquisition will make Jingyi Company a subsidiary of Sichuan Chengyu, which will be included in the consolidated financial statements [1] - The acquisition process was previously hindered by legal disputes over minority equity, which have now been resolved, allowing the transaction to proceed [1][2] Group 2: Strategic Importance - Jingyi Highway is a critical part of the national G42 highway and plays a key role in Hubei's transportation network, connecting major cities [2] - The highway has shown stable financial performance, with revenues of 512 million yuan and net profits of 192 million yuan in 2024, and 310 million yuan in revenue with 149 million yuan in net profit from January to July 2025 [2] Group 3: Market Insights - Experts suggest that this acquisition is crucial for Sichuan Chengyu to overcome regional limitations and diversify its business, providing new growth opportunities [2] - The acquisition is expected to enhance the company's operational radius and improve cash flow through synergies with existing networks, although there are concerns about the cash payment's impact on liquidity and increased management complexity [2]
重启收购 四川成渝拟超24亿元现金收购荆宜公司85%股权