---
title: "XINJIANG COMMUNICATIONS CONSTRUCTION GROUP: Publicly listed transfer of 14.5455% equity in China-New Transportation has been completed"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275720292.md"
description: "Xinjiang Communications Construction Group announced that the company has transferred its 14.5455% equity stake in China-New Zealand Transportation through a public listing, with the transferee being Shengxin Investment, and the transfer price being 8.8238 million yuan. The transaction began listing on November 20, 2025, and has now been completed, with both parties signing a contract. This transaction does not constitute a related party transaction or a major asset restructuring, and the divestment of non-core assets will optimize resource allocation. After the transaction is completed, the company will no longer hold equity in China-New Zealand Transportation"
datetime: "2026-02-12T08:02:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275720292.md)
  - [en](https://longbridge.com/en/news/275720292.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275720292.md)
---

# XINJIANG COMMUNICATIONS CONSTRUCTION GROUP: Publicly listed transfer of 14.5455% equity in China-New Transportation has been completed

Xinjiang Communications Construction Group announced that on October 29, 2025, the company agreed to transfer its 14.5455% equity stake in China-New Zealand Transportation through a public listing. Starting from November 20, 2025, this equity stake was publicly listed on the Xinjiang Property Exchange, and the transaction has now been completed, with the transferee being Shengxin Investment. Both parties have signed the "Property Transaction Contract of Xinjiang Property Exchange." The transfer price is 8.8238 million yuan, and the 3.49 million yuan deposit already paid by Shengxin Investment can be offset against part of the payment. This transaction does not constitute a related party transaction or a major asset restructuring. The divestment of this non-core asset can optimize resource allocation, and after the transaction is completed, the company will no longer hold equity in China-New Zealand Transportation

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