Сичуань Лудзяо планує придбати 49% акцій Sichuan Railway Construction за 6,82 мільярдів юанів

Securities Times reporter Fan Luyuan

Sichuan Road & Bridge (600039) announced on the evening of March 31 that the company plans to acquire 49% equity interest in Sichuan Provincial Railway Construction Co., Ltd. (hereinafter referred to as “Sichuan Tiejian”) held by its controlling shareholder Shu Dao Group’s subsidiary, Shu Dao Railway Investment Group, by means of a non-public agreement with cash investment of CNY 682 million.

Previously, Sichuan Road & Bridge (600039) already held 51% equity interest in Sichuan Tiejian. This acquisition constitutes a related-party transaction. Upon completion of the acquisition, Sichuan Road & Bridge will achieve 100% wholly-owned control over Sichuan Tiejian.

Sichuan Road & Bridge said that the purpose of this acquisition is, based on the company’s strategic development needs, to further strengthen control over its core business, optimize the management structure, integrate technical resources, enhance profitability, and consolidate the company’s advantages in the field of railway construction.

The announcement shows that Sichuan Tiejian was established in 1993 and has a registered capital of CNY 1 billion. It holds multiple Grade-A qualifications for general contracting in railway, highway, and municipal projects, and has formed an industrial layout with railway engineering construction as the core business, and highway, municipal, and housing construction engineering construction as the business for growth.

As of June 30, 2025, Sichuan Tiejian’s total assets amounted to CNY 4.325 billion and net assets were CNY 1.221 billion; in 2024, revenue was CNY 2.506 billion and net profit was CNY 50.9375 million; in the first half of 2025, net profit was -CNY 30.3156 million. In this transaction, the value of Sichuan Tiejian’s shareholders’ total equity was CNY 1.393 billion, with an appreciation rate of 13.20%, mainly due to the appreciation of investment properties and fixed assets.

(Editor: Zhang Yang HN080)

     【Disclaimer】This article only represents the author’s personal views and is not related to Hexun. Hexun’s website maintains neutrality regarding the statements and judgments in the article and provides no explicit or implied guarantees regarding the accuracy, reliability, or completeness of the content included. Readers are requested to refer to this information only and bear all responsibility themselves. Email: news_center@staff.hexun.com

Report