China Gezhouba Group Company Limited (SHSE:600068) agreed to acquire Shandong Expressway Judan Highway Co., Ltd. on January 11, 2017. In a related transaction, China Gezhouba Group Company Limited agreed to acquire Shandong Hi-Speed Jitai East Line Highway Co., Ltd. from Shandong High-speed Group Co., Ltd. for CNY 5.23 million on January 11, 2017. The transaction is subject to approval by shareholders of China Gezhouba Group Company Limited. The meeting for the same is scheduled on February 7, 2017. The Board of China Gezhouba Group Company approved the transaction on January 11, 2017. As of February 7, 2017, the shareholders of China Gezhouba Group Company approved the deal.