Summary by Moomoo AI
China Transport Construction Co., Ltd. (abbreviated as “China Construction”) announces the completion of the separation of its flagship subsidiaries Zhongqiao Road Planning Institute Co., Ltd., Zhongzhu First Road Survey Design Institute Limited, and Zhongzhu Second Road Survey Design Institute Limited (collectively, “Three Roads Building”) City. The split involved the exchange of assets with Gansu Qilianshan Cement Group Co., Ltd. (now renamed as Central Exchange Design Consulting Group Co., Ltd., abbreviated as “Interchange Design”) and the issuance of shares to purchase a portion of the asset difference from Qilianshan. The brokerage also issues share raising support funds to no more than 35 specific investors. CITIC SECURITIES CO., LTD., ACTING AS INDEPENDENT FINANCIAL ADVISOR, CONFIRMED THAT AFTER THIS SPLIT WENT PUBLIC, CHINA CONSTRUCTION...Show More