Core Viewpoint - The company, Beixin Road and Bridge (SZ 002307), announced the transfer of its entire stake in Henan Yuhang Railway Development Co., Ltd. to Xinjiang Jianrong State-owned Capital Operation Investment Group Co., Ltd. for a price of RMB 243.2072 million, based on an evaluation price as a reference [1]. Group 1: Company Announcement - The company will hold its 27th meeting of the 7th Board of Directors on December 24, 2025, to review the proposal for the transfer of the stake [1]. - After the completion of this transaction, the company will no longer hold any equity in Henan Yuhang [1]. Group 2: Financial Performance - For the first half of 2025, the company's revenue composition is as follows: engineering revenue accounts for 91.35%, highway service industry 5.8%, other industries 1.47%, equipment leasing 0.56%, and real estate sales 0.5% [1]. - The current market capitalization of Beixin Road and Bridge is RMB 6.5 billion [1].
北新路桥:拟转让所持河南禹亳铁路发展有限公司全部股权