---
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

### Related Stocks

- [601921.CN](https://longbridge.com/en/quote/601921.CN.md)
- [600633.CN](https://longbridge.com/en/quote/600633.CN.md)

## Related News & Research

- [HM Exploration shares gain DTC eligibility for US trading on OTCQB](https://longbridge.com/en/news/296448374.md)
- [08:52 ETDisney Adults Announces Nationwide 5K Cosplay Run & Fanfest Tour](https://longbridge.com/en/news/296791339.md)
- [Great Western Mining Corporation plc Announces Holding(s) in Company | GWMOF Stock News](https://longbridge.com/en/news/296442037.md)
- [Springer Nature signs 3-year transformative open-access deal with Binghamton University](https://longbridge.com/en/news/296506593.md)
- [NexgenRx Announces Second Quarter Results (With Substantial Increases in Revenue, EBITDA and Financial Position) and Declaration of Dividend](https://longbridge.com/en/news/296536656.md)

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