Sichuan Road & Bridge reports strong Q3 operating growth, bond updates

Sichuan Road & Bridge Co., Ltd. (SSE:600039) announced robust operating results for the third quarter of 2025, with total project value reaching 9,717,293 yuan year-to-date, a 25.16% increase from the prior year's period. The company secured 162 new projects in Q3 2025, with a combined value of 2,493,249 yuan. Its infrastructure segment, including roads and railways, saw year-to-date project value grow by 26% to 8,266,984 yuan.

In related financial news, the company completed its 2025 interest payment for the 2024 Third Phase Medium-Term Notes, amounting to 33,000,000 yuan for the 1.2 billion yuan issuance. Concurrently, the controlling shareholder, its investment group, confirmed its non-publicly issued exchangeable company bonds will enter their exchange period from October 22, 2025, to April 21, 2028. This exchangeable bond, with an issuance size of 3 billion yuan, marks a significant period for potential changes in shareholding, though the investment group is expected to remain the controlling shareholder.