Shanghai Airport: Transfer of Shanghai Airport Group's assets for the third phase expansion of Pudong Airport Metro, with a total transfer amount of 161 million yuan.

date
20/11/2025
Shanghai Airport Announcement: After evaluation, the company has decided to sign the "Pudong Airport Phase III Expansion Metro Asset Transfer Contract" with Shanghai Airport Limited Company, transferring part of the assets of the Pudong Airport Phase III Expansion Metro System Engineering with a net book value of 157 million RMB and a total transfer amount of 161 million RMB. This transaction constitutes a related party transaction and still needs to be reviewed by the company's shareholders' meeting.