FilingReader Intelligence

Sichuan Road & Bridge unit to invest in expressway

March 14, 2025 at 05:09 PM UTCBy FilingReader AI

Sichuan Road & Bridge Construction Group Co., Ltd. (SSE:600039) announced its subsidiary construction enterprises will invest in the Panzhihua-Yanyuan Expressway project. The company's road and bridge, transportation construction, and East China construction groups will participate in the project via a consortium with Sichuan Expressway and Sichuan Gaolu Information Technology. The total investment for the project is 34.957 billion yuan, with a self-raised capital of 20.20%, or 7.061 billion yuan. Sichuan Road & Bridge will hold 5% of the shares, with its subsidiaries contributing 2%, 2%, and 1%, respectively, requiring a total investment of 353 million yuan. The project has an investment to total capital ratio of 20% and a toll period of 30 years.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

News Alerts

Get instant email alerts when Sichuan Road & Bridge publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →