Zhejiang Expressway Co., Ltd. (SEHK:576) and China Merchants Expressway Network & Technology Holdings Co.,Ltd. (SZSE:001965) entered into the Equity Acquisition Agreement to acquire 60% stake in Hunan Yonglan Expressway Co., Ltd. from Guangdong Liantai Communications Investment Co., Ltd. for CNY 2.67 billion on November 24, 2023. Hunan Yonglan Expressway Co., Ltd. reported Total assets worth CNY 12.06 billion and Total Common equity of CNY 5.87 billion on September 30, 2023.