Sichuan Road & Bridge pivots to clean energy, divests bridge components

Sichuan Road & Bridge announced the acquisition of 60% equity in Clean Energy Group for 581,352.18 yuan. Clean Energy Group’s total shareholder equity was valued at 892,663.65 yuan as of May 31, 2025. This acquisition involves Sichuan Road & Bridge’s controlling shareholder, Shu Dao Investment Group, transferring its 60% stake to Xinzhu Corporation.

Concurrently, Sichuan Road & Bridge will acquire 100% equity in Xinzhu Transportation Technology, along with other bridge component-related assets and liabilities, for 62,843.44 yuan. Both transactions were approved by the board of directors on November 7, 2025, and are subject to further shareholder and regulatory approvals. These deals are part of an effort to optimize asset portfolios and enhance core business competitiveness.