Shandong Hi-Speed Road & Bridge Group has announced that, in order to optimize the structure of its private equity investments and assets and to fully leverage the management advantages of the company in equipment manufacturing, and improve operational efficiency, its subsidiary, Road and Bridge Group, plans to use its own funds of 39.0196 million yuan to acquire 49% of the equity investment in the transport infrastructure company currently held by the associated party, Rizhao Development Company, under an agreement.
山东路桥：子公司拟3901.96万元受让交通设施公司49%股权
Shandong Hi-Speed Road & Bridge Group: Subsidiary intends to acquire 49% equity of transportation facilities company for 39.0196 million yuan.
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