Core Viewpoint - Shanxi Expressway Group Co., Ltd. plans to acquire a 15% stake in Shanxi Transportation Industry Development Group Co., Ltd. for a cash consideration of 74.8 million yuan [1] Group 1: Company Overview - Shanxi Expressway and Shanxi Transportation Industry Development Group are both subsidiaries of Shanxi Expressway Control Group, a key state-owned enterprise in Shanxi Province [2] - Shanxi Expressway Control Group reported a revenue of 382.42 billion yuan and a net profit of 1.01 billion yuan in the first three quarters of the year, with total assets amounting to 661.30 billion yuan as of September [2] - Shanxi Transportation Industry Development Group is the only authorized operator of government-funded highway service areas under Shanxi Expressway Control Group, engaging in various businesses including gas stations, convenience stores, and advertising resources [2][3] Group 2: Financial Details - As of the assessment date of July 31, 2025, the book value of the total equity of Shanxi Transportation Industry Development Group is 389.09 million yuan, with an assessed value of 503.14 million yuan [3] - The 15% equity stake held by Suqi Group in Shanxi Transportation Industry Development Group is valued at 75.47 million yuan, leading to a negotiated transaction price of 74.8 million yuan [3] Group 3: Strategic Implications - Following the transaction, Shanxi Expressway will become a shareholder in Shanxi Transportation Industry Development Group, creating a joint investment structure with its indirect controlling shareholder and other major shareholders [4] - The acquisition aligns with Shanxi Expressway's strategy to optimize its business layout and enhance the quality of development in the regional economy by leveraging the market advantages of Shanxi Transportation Industry Development Group [5]
七千万重磅收购,山西6600亿省属国企旗下上市公司再行动
Sou Hu Cai Jing·2025-12-29 13:34