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Jiangsu Expressway to Inject 500 Million Yuan Into Zijin Trust

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Jiangsu Expressway (HKG:0177, SHA:600377) signed an agreement to invest 500 million yuan in a capital increase by Zijin Trust, according to a Wednesday Hong Kong bourse filing.

The company will participate in the 2.5 billion yuan capital raising alongside existing shareholders of Zijin Trust, including Nanjing Zijin Investment Group, Sumitomo Mitsui Trust Bank, and Nanjing New Industrial Investment Group.

Following the capital increase, Jiangsu Expressway's stake in Zijin Trust will remain unchanged at 20%.

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