On June 17th, Gelunhui reported that Shanghai Tunnel Engineering Co., Ltd. (600820.SH) has announced that its wholly-owned subsidiary, Shanghai Infrastructure Construction Development (Group) Co., Ltd., intends to participate in the non-public issuance of shares of China Communications Design and Research (Group) Co., Ltd., and the two parties plan to accelerate the complementary cooperation mechanism in the fields of consulting and design, overseas market expansion, digital empowerment, and intelligent operation, with an amount not exceeding 1 billion yuan or 4% of the total share capital after the company's issuance (whichever is lower), and the subscription price is determined according to the final bidding result.
隧道股份(600820.SH)：子公司拟认购中交设计非公开发行股票
Shanghai Tunnel Engineering (600820.SH): subsidiary intends to subscribe for non-publicly issued stocks of China Communications Design.
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