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Jiangsu Expressway agrees RMB 7.34 billion buyout of Suxichang South Expressway Co
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Jiangsu Expressway agrees RMB 7.34 billion buyout of Suxichang South Expressway Co
  • Jiangsu Expressway agreed on Aug. 27, 2026 to buy 100% of Suxichang South Expressway for RMB 7.34 billion in cash.
  • Deal buys 65% from Jiangsu Communications Holding for RMB 4.77 billion, 22.82% from Wuxi Transportation for RMB 1.68 billion.
  • Remaining 12.18% to be acquired from Changzhou Communications Holding for RMB 894.27 million, valuing the target at RMB 7.34 billion.
  • Payment for the 65% stake split 50/50; second tranche due by Sept. 29, 2027 with interest linked to one-year LPR.
  • Transaction consideration based on a Dec. 31, 2025 valuation; completion requires shareholder approval and state-asset filing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jiangsu Expressway Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260828-12303687), on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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