Hainan Expressway's Subsidiary Changes Name

MT NewswiresDec 19 17:35

Hainan Expressway (000886.SZ): plans to acquire 2.54% equity of Hainan United for 92.6722 million yuan.

On December 13, Gelonghui reported that Hainan Expressway (000886.SZ) announced that Hainan United is the company's joint venture with a registered capital of 1,971.14305824 million yuan, in which the company owns 24.35135% of the equity and Hainan Fishery owns 7.86604% of the equity. The company's Board of Directors approved the signing of the 'Equity Transfer Agreement' with Hainan Fishery to acquire the 2.54% equity held by Hainan Fishery in Hainan United, with a transaction price of 92,672,227.60 yuan. After the completion of this transaction, the company's equity stake in Hainan United will increase to 26.89135%.

Gelonghui FinanceDec 13 19:37

Hainan Expressway (000886.SZ): has not yet conducted substantive business in the low-altitude economy field.

Gelonghui, November 26丨 hainan expressway (000886.SZ) stated on the investor interaction platform that the company has not yet commenced substantial business in the low-altitude economy sector.

Gelonghui FinanceNov 26 16:04

Express News | Hainan Expressway established a capital operation company.

BreakingsNov 21 11:42

Hainan Expressway to Take Over Management of Hainan Roads

MT NewswiresNov 12 12:36

Hainan Expressway (000886.SZ): Undertaking the maintenance management of some national and provincial trunk roads in Hainan Province.

Gelonghui November 11th News: Hainan Expressway (000886.SZ) announced that the company recently signed the "Hainan Province Ordinary National-Provincial Highway Maintenance Marketization Transfer Management Agreement" with Hainan Provincial Highway Administration (hereinafter referred to as the "Provincial Highway Administration"). The company will undertake the daily maintenance management of the provincial road in Haikou, Wenchang, Qionghai, Wanning, Chengmai, Lingao, Ding'an, and Tunchang. This agreement is a framework agreement, and the company and the Provincial Highway Administration will sign specific annual contracts after the annual budget approval from the superior department.

Gelonghui FinanceNov 11 18:26