---
title: "ZDDC: Plans to acquire 6.00% of Zhejiang Publishing & Media, with a total price of 1.176 billion yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259298189.md"
description: "ZDDC announced that the company intends to acquire 133 million shares of ZHEJIANG PUBLISHING & MEDIA held by Zhejiang Publishing United Group Co., Ltd. through a non-public agreement transfer, accounting for 6.00% of the total share capital of ZHEJIANG PUBLISHING & MEDIA. The share transfer price is 8.82 RMB/share, with a total transfer price of 1.176 billion RMB. This transaction is subject to the approval of the company's shareholders' meeting and the approval of the higher-level competent authority by Zhejiang Publishing Group. Upon completion of the transaction, the company will hold 6.00% of the shares of ZHEJIANG PUBLISHING & MEDIA, becoming its second-largest shareholder"
datetime: "2025-09-29T09:37:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259298189.md)
  - [en](https://longbridge.com/en/news/259298189.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259298189.md)
generator: "portal-rs"
---

# ZDDC: Plans to acquire 6.00% of Zhejiang Publishing & Media, with a total price of 1.176 billion yuan

ZDDC announced that the company plans to acquire 133 million shares of ZHEJIANG PUBLISHING & MEDIA held by Zhejiang Publishing United Group Co., Ltd. through a non-public agreement transfer, accounting for 6.00% of the total share capital of ZHEJIANG PUBLISHING & MEDIA. The share transfer price is 8.82 yuan per share, with a total transfer price of 1.176 billion yuan. This transaction is subject to the approval of the company's shareholders' meeting and the approval of the higher-level competent authority for Zhejiang Publishing Group. Upon completion of the transaction, the company will hold 6.00% of the shares of ZHEJIANG PUBLISHING & MEDIA, becoming its second-largest shareholder

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**