Suiyong Holdings Co., Ltd. signed a Share transfer agreement to acquire additional 9.96% stake in Heilongjiang Transport Development Co., Ltd. from Heilongjiang Yuanlong Jingyun Investment Management Partnership Enterprise (Limited Partnership) for approximately CNY 530 million.
January 03, 2024
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Suiyong Holdings Co., Ltd. signed a Share transfer agreement to acquire additional 9.96% stake in Heilongjiang Transport Development Co., Ltd. (SHSE:601188) from Heilongjiang Yuanlong Jingyun Investment Management Partnership Enterprise (Limited Partnership) for approximately CNY 530 million on January 3, 2024. After this transfer, Heilongjiang Yuanlong Jingyun Investment Management Partnership Enterprise shall no longer hold any share in the Heilongjiang Transport Development and Suiyong Holdings shall hold 11.08% stake in the Heilongjiang Transport Development.
HEILONGJIANG TRANSPORT DEVELOPMENT CO., LTD is a China-based company principally engaged in the management of highway tolls. The Companyâs main businesses include the investment, development, construction, operation and management of toll roads, the provision of road maintenance services, the landscaping business, the sale of machinery and parts, mechanical and electrical products, as well as construction materials, the design, production, agency and delivery of various advertisings, as well as the import and export of cargoes and technology and others. Through its subsidiaries, the Company is also engaged in the manufacture and sales of new chemical pipes, the development of real estate properties, as well as the operation of taxi.
Suiyong Holdings Co., Ltd. signed a Share transfer agreement to acquire additional 9.96% stake in Heilongjiang Transport Development Co., Ltd. from Heilongjiang Yuanlong Jingyun Investment Management Partnership Enterprise (Limited Partnership) for approximately CNY 530 million.
HEILONGJIANG TRANSPORT DEVELOPMENT CO., LTD. 
