Zhejiang Expressway Acquires 11.67% Stake in Jiaotou Carbon Environmental Technology

Reuters2025-12-31
Zhejiang Expressway Acquires 11.67% Stake in Jiaotou Carbon Environmental Technology

Zhejiang Expressway Co. Ltd. announced that it has entered into a Capital Injection Agreement on December 31, 2025, to acquire an 11.6733% equity interest in Zhejiang Jiaotou Carbon Environmental Technology Co., Ltd. (the "Target Company") through a capital injection. The agreement was made among Zhejiang Expressway, the Target Company, and Zhejiang Provincial Commercial Group Co., Ltd. This transaction constitutes a connected transaction under Hong Kong Listing Rules. The investment will expand Zhejiang Expressway’s interests in environmental technology and reflects the company's ongoing strategic diversification.

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. Zhejiang Expressway Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251231-11973938), on December 31, 2025, and is solely responsible for the information contained therein.

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