从营运管理的角度来看，由于目标公路与集团运营的尉许高速公路及兰尉高速公路相近，具备统一运营及管理条件，可形成片区管控模式，能够实现规模效益，有利于提升管理效能。On October 9, 2024, Yuexiu Transport Infrastructure (01052.HK) announced that Guangzhou Yuexiu Group Co., Ltd. (the transferor) and Yuexiu (China) Transport Infrastructure Investment Co., Ltd. (a wholly-owned subsidiary of a company) entered into the transfer agreement. Under this agreement, the transferor conditionally agrees to sell and the buyer conditionally agrees to purchase the target equity (i.e. 55% equity of Henan Yuexiu Pinglin Highway Co., Ltd.), with a total transaction price of RMB 0.758 billion.
Delivery must first meet (or be exempted (if applicable)) the preconditions stipulated in the transfer agreement. After the delivery, the company will indirectly hold 55% of the target company's equity. After the delivery, the target company will become an indirect non-wholly-owned subsidiary of the Company, and its financial performance will be consolidated into the Group's financial statements. The target company is mainly engaged in business related to the tolling rights of the target highway (i.e. Henan Pinglin Expressway, located in Henan).
The target highway is located in the core development area of the Central Plains Urban Agglomeration and is an important part of the national "71118" highway network's 18 east-west mainlines, specifically the Ningluo Expressway G36. The target highway has been in operation for over eighteen years since 2006, with a mature and stable surrounding road network. Benefiting from its location advantage, the target highway will continue to benefit from regional development strategies such as the "Rise of Central China."
From an operational management perspective, as the target highway is close to the Yuxu Expressway and Lanwei Expressway operated by the Group, it has the conditions for unified operation and management, forming a regional control model. This can achieve economies of scale, improve management efficiency, and enhance operational management effectiveness.
