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Sichuan Road & Bridge plans acquisition of bridge assets

June 11, 2025 at 11:52 PM UTCBy FilingReader AI

Sichuan Road & Bridge (SSE:600039) announced plans to acquire the bridge functional components asset group from Chengdu Xinzhu Road & Bridge Machinery Co., Ltd., a subsidiary of its controlling shareholder, Shudao Investment Group. The proposed acquisition includes 100% equity of Chengdu Xinzhu Transportation Technology Co., Ltd., and other bridge-related assets and liabilities held by Xinzhu. The deal will be settled via cash payment.

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

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