Recent events
Recent events tied to this brand in public sources.
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2021
Shandong Expressway announces proposed acquisition of Qilu Expressway stake
Shandong Expressway announced that it plans to acquire 778.5 million domestic shares of Qilu Expressway from Shandong Expressway Group for a total investment of 1.554 billion yuan. If completed, Shandong Expressway would hold 38.93% and become Qilu Expressway's controlling shareholder.
2020
Bank of China and Shandong Hi-Speed Group sign strategic cooperation agreement
Bank of China and Shandong Hi-Speed Group signed a strategic cooperation agreement in Jinan, China, on August 13, 2020.
2020
Shandong Hi-Speed Group announces planned merger with Qilu Transportation Group
Shandong Hi-Speed Group disclosed a planned absorption merger with Qilu Transportation Group. Shandong Hi-Speed Group would continue as the surviving company and assume Qilu Transportation Group’s assets, liabilities, business, personnel, contracts and other rights and obligations; Qilu Transportation Group would be deregistered after completion.
2020
Shandong Hi-Speed and Qilu Transportation announce a joint restructuring plan
At a Shandong provincial state-owned enterprise reform meeting, the joint restructuring plan for Shandong Hi-Speed and Qilu Transportation Group was formally announced.
2020
Shandong Hi-Speed announces planned acquisition of a 51% stake in Rail Transit Group
Shandong Hi-Speed announced that it plans to sign an equity transfer agreement with its controlling shareholder, Shandong Hi-Speed Group, to acquire the latter's 51% stake in Rail Transit Group for a total consideration of 3.487 billion yuan.