China Merchants Expressway Network & Technology Holdings Co.,Ltd. (SZSE:001965) agreed to acquire 2% stake in China Merchants China Railway Holding Co., Ltd. from ICBC Financial Asset Investment Co., Ltd. for CNY 290 million on December 1, 2023. On December 1, 2023, the 15th session of the company?s 3rd directorate approved the proposal. This transaction still needs to be approved by the China Merchants Expressway Network & Technology Holdings Co.,Ltd. (SZSE:001965) shareholders?

meeting.