Xiandai Investment Co.,Ltd (SZSE:000900) signed a contract to acquire a 51% stake in Hunan Xiangheng Expressway Co., Ltd. from Hunan Express Investment Development Co., Ltd. for CNY 1.5 billion on November 22, 2021. Xiandai Investment participated in the bid for the 51% equity of Hunan Xiangheng Expressway. Transaction is approved by board of directors of Xiandai Investment.