---
title: "HBGK plans to issue additional shares to acquire a 51% stake in Yilu Weixing, which primarily operates in the ETC-related business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233454482.md"
description: "HBGK plans to issue additional shares to acquire 51% equity of Yilu Weixing. After the transaction is completed, Yilu Weixing will become its subsidiary. The issuance price for this additional share offering is RMB 8.10 per share, with total fundraising not exceeding 100% of the transaction price. Yilu Weixing focuses on the smart transportation sector, providing ETC issuance services and value-added services, supporting listed companies in expanding their security business and smart city construction"
datetime: "2025-03-27T12:15:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233454482.md)
  - [en](https://longbridge.com/en/news/233454482.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233454482.md)
---

# HBGK plans to issue additional shares to acquire a 51% stake in Yilu Weixing, which primarily operates in the ETC-related business

According to the Zhitong Finance APP, HBGK (300449.SZ) disclosed a plan for issuing shares to purchase assets and raise supporting funds, as well as related party transactions. The company intends to issue shares to Shenzhen Gaodeng to purchase 51% equity in Yilu Weixing held by them. Upon completion of the transaction, Yilu Weixing will become a controlling subsidiary of the listed company. Meanwhile, the listed company plans to issue shares to Mr. Li Ning, the actual controller, to raise supporting funds through his wholly-owned company, Zhiyun Technology.

According to the announcement, Anhui Yilu Weixing Technology Co., Ltd. mainly focuses on the smart transportation field, concentrating on ETC issuance services and ETC value-added services. The issuance price for the share purchase of assets is set at 8.10 yuan/share, and the transaction price for the target assets has not yet been determined. The total amount of supporting funds to be raised shall not exceed 100% of the transaction price for the asset purchase through share issuance, and the number of shares issued shall not exceed 30% of the total share capital of the listed company prior to this transaction. The issuance price for the supporting funds is also set at 8.10 yuan/share.

The announcement stated that the business and products of the target company can be applied to smart city construction, providing support for the listed company's integration into new fields of security business and subsequent business expansion

### Related Stocks

- [300449.CN](https://longbridge.com/en/quote/300449.CN.md)

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