--- title: "Anhui Expressway plans to spend approximately 3.0187 billion yuan to acquire a 7% stake in SDHS" type: "News" locale: "en" url: "https://longbridge.com/en/news/262088754.md" description: "Anhui Expressway plans to acquire a 7% stake in SDHS for approximately CNY 3.0187 billion, involving about 338.4 million A shares. This acquisition will enhance the company's strategic cooperation in transportation infrastructure investment and related fields, promoting the development of its main business. After the acquisition, the company may consider further increasing its stake in the target company and comply with relevant listing rules" datetime: "2025-10-21T15:02:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/262088754.md) - [en](https://longbridge.com/en/news/262088754.md) - [zh-HK](https://longbridge.com/zh-HK/news/262088754.md) --- # Anhui Expressway plans to spend approximately 3.0187 billion yuan to acquire a 7% stake in SDHS According to the Zhitong Finance APP, Anhui Expressway (00995) announced that on October 21, 2025, the company entered into a share transfer agreement to acquire approximately 338.4 million A-shares of Shandong Hi-Speed Group Co., Ltd. (600350.SH), accounting for 7% of the total issued share capital of Shandong Hi-Speed Group Co., Ltd. as of the date of this announcement. The total consideration for the acquisition is approximately RMB 3.018744 billion, equivalent to RMB 8.92 per transferred share. It is reported that the target company primarily engages in the investment and operation of transportation infrastructure, as well as equity investments in related fields along the upstream and downstream of the highway industry chain. The target company's revenue sources cover multiple core business segments, including highway toll operations, intelligent transportation, merchandise sales, railway transportation, highway management services, and engineering construction. The announcement stated that the target company is an outstanding enterprise in the industry, and this acquisition of a portion of the target company's shares will further expand the company's effective investments, effectively promoting the company's main business to strengthen, optimize, and grow. Upon completion of this acquisition, the company can further deepen its strategic partnership with the target company, facilitating ongoing deep business cooperation and communication between both parties. Accordingly, the company may consider further acquisitions of the target company's shares in the future and will comply with the relevant provisions of the listing rules in a timely manner ### Related Stocks - [600012.CN](https://longbridge.com/en/quote/600012.CN.md) - [00995.HK](https://longbridge.com/en/quote/00995.HK.md) - [600350.CN](https://longbridge.com/en/quote/600350.CN.md) ## Related News & Research - [Anhui Expressway proposes final dividend of RMB 0.66 per share for 2025](https://longbridge.com/en/news/287194015.md) - [Anhui Expressway announces 2025 annual general meeting](https://longbridge.com/en/news/287190043.md) - [Exploring Three Undiscovered Gems in the Middle East Market](https://longbridge.com/en/news/286881831.md) - [Pure Tungsten Completes Merger with GB Innovation Co., Ltd., Advancing Toward Near-Term Production and Planned Public Listing](https://longbridge.com/en/news/286944364.md) - [The 'Elon Musk Effect' Could Send SpaceX Stock Into Wild Swings After IPO Even If Starlink Makes 'Billions' In Profit, Warns Expert](https://longbridge.com/en/news/286923494.md)