Hainan Expressway Co., Ltd. (SZSE:000886) agreed to acquire 7 Hainan Rural Credit Financial Institutions from Luoniushan Co., Ltd. (SZSE:000735) for CNY70 million on October 13, 2023. On October 13, 2023, the 4th extraordinary board meeting of the Hainan Expressway Co., Ltd. (SZSE:000886) for 2023 approved the proposal on the acquisition of 7 Hainan Rural Credit Financial Institutions. As of October 13, 2023 Luoniushan Co., Ltd.'s shareholders approved the transaction and September 26, 2023Luoniushan Co., Ltd.'s board of director's approved the transaction.