China-Stock Exchange to absorb merged road and bridge construction

Road and bridge Construction (600263) on the evening of March 9, China Communications Construction Co., Ltd. announced the initial public offering of a-share and exchange-share merger and bridge Construction Report (draft). According to the draft, the Chinese stock Exchange will merge the road and bridge construction by means of exchange-share absorption and merger in the initial public offering of a shares.　　After the absorption of the stock Exchange is completed, as the surviving company after the merger is completed, the receiving Party shall inherit and undertake all the workers, assets, liabilities, rights, obligations, business and responsibilities of the road and bridge construction through the designated recipient of the shares, and the road and bridge construction will be cancelled and the shares will be terminated on the Shanghai Stock Exchange. According to the draft, the stock Exchange price of the shares for the initial public offering price of A shares, road and bridge construction of the exchange rate of 14.53 yuan/share.　　The shares issued by the stock exchange for share issuance are 157 million shares. Responsible Editor: NF054