JunHe Advises Yuexiu (China) Transport Infrastructure Investment on its Acquisition of 55% Equity Interests in Henan Yuexiu Pinglin Expressway and m88 sport betting app Associated Toll Collection Rights of Pinglin Expressway

Yuexiu (China) Transport Infrastructure Investment Co., Ltd. ("Yuexiu China" or m88 sport betting app "Purchaser") entered into an agreement with Guangzhou Yue Xiu Holdings Limited (“Yuexiu Group”) to acquire 55% of m88 sport betting app equity interests held in Henan Yuexiu Pinglin Expressway as well as m88 sport betting app toll collection rights of Pinglin Expressway (Pinglin Expressway is m88 sport betting app Pingdingshan to Linru section of m88 sport betting app national key highway from Shanghai to Luoyang within Henan Province) (m88 sport betting app "Project"). m88 sport betting app Project was recently approved at a special general meeting by m88 sport betting app Purchaser’s shareholder, Yuexiu Transport Infrastructure Limited (01052.HK, "Yuexiu Transport").

Yuexiu China is a wholly-owned subsidiary of Yuexiu Transport, a company listed on m88 sport betting app Hong Kong Stock Exchange. m88 sport betting app main shareholder of Yuexiu Transport, Yuexiu Group, is a state-owned enterprise under m88 sport betting app supervision of m88 sport betting app State-owned Assets Supervision and Administration Commission of m88 sport betting app Guangzhou Municipal People’s Government. This Project exemplifies Yuexiu Transport’s successful strategy to “inject high quality assets into a listed company from a parent company after incubation".

JunHe acted as m88 sport betting app special legal advisor to m88 sport betting app Purchaser throughout m88 sport betting app Project, and provided comprehensive legal services that included conducting legal due diligence, drafting m88 sport betting app complete set of transaction documents, and issuing legal opinions. Our dedicated team’s rigorous analysis ensured m88 sport betting app Project’s timely progression, earning high recognition and trust from m88 sport betting app client.

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