CCCC International Holding Limited signed a reorganization agreement to acquire 18.12% stake in Shanghai Zhenhua Heavy Industries Co., Ltd. (SHSE:900947) from Zhen Hua Engineering Co., Ltd. in stock on January 6, 2014. Zhen Hua Engineering will transfer 749.67 million B shares and CCCC International will issue 193.99 million shares to China Communications Construction Company, parent company of Zhen Hua Engineering.


CCCC International Holding Limited completed the acquisition of 18.12% stake in Shanghai Zhenhua Heavy Industries Co., Ltd. (SHSE:900947) from Zhen Hua Engineering Co., Ltd. on January 8, 2014.