en.Wedoany.com Reported - On March 31, China's Sichuan Road & Bridge Co., Ltd. announced its plan to acquire a 49% stake in its controlling subsidiary, Sichuan Railway Construction Co., Ltd. (hereinafter referred to as "Sichuan Railway Construction"), through a non-public agreement. The transaction price has been set at 682 million yuan. Upon completion of this deal, Sichuan Road & Bridge's shareholding in Sichuan Railway Construction will increase from 51% to 100%, achieving full ownership. This move aims to strengthen control over its core business and integrate technical resources in the railway construction sector.
Sichuan Road & Bridge is a leading enterprise in China's transportation infrastructure construction sector, with its main business covering the construction of highways, railways, bridges, and other engineering projects. According to the disclosed announcement, as of the valuation base date of June 30, 2025, the assessed value of all shareholders' equity in Sichuan Railway Construction was 1.393 billion yuan, representing an appreciation of 162 million yuan and an appreciation rate of 13.20%. The asset appreciation primarily stemmed from the revaluation of investment properties and fixed assets.
The project background indicates that after Sichuan Railway Construction becomes a wholly-owned subsidiary, its management structure will be further optimized, and profitability will be enhanced. In terms of financial performance, Sichuan Road & Bridge achieved operating revenue of 73.281 billion yuan and a net profit attributable to the parent company of 5.300 billion yuan in the first three quarters of 2025, demonstrating robust operational support.
This equity acquisition validates the strategic trend of large-scale construction groups strengthening their competitiveness in segmented markets through internal resource integration. By fully integrating high-quality railway construction assets into its management system, Sichuan Road & Bridge not only enhances decision-making efficiency for its core subsidiary but also further consolidates its influence within the railway infrastructure supply chain. This optimization of the equity structure will help the company achieve more efficient capital allocation and technical synergy in subsequent large-scale infrastructure projects.
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