The controlling shareholder of Shandong Hi-Speed intends to transfer 7% of the company's shares to Anhui Expressway
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Shandong Hi-Speed Holdings' controlling shareholder, Shandong Hi-Speed Group Co., Ltd., has signed a share transfer agreement with Anhui Expressway Co., Ltd., intending to transfer 7% of its shares (338 million shares) at a price of 8.92 yuan per share, with a transaction amount of 3.019 billion yuan. After the transfer, the shareholding ratio of Hi-Speed Group will decrease to 63.57%, while Anhui Expressway will hold 7%
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