Sichuan Road & Bridge: Exit after its wholly-owned subsidiary subscribed 1.11 billion yuan for private equity fund shares.

Sichuan Road and Bridge announced that in November 2023, its wholly-owned subsidiary, Road and Bridge Group, subscribed to 11.755% of the equity fund of Guangxi Jiaotou 26th period Transportation Investment Partnership Enterprise for 111 million yuan, and won the bid for a project worth 758 million yuan. The project passed the acceptance inspection on December 27, 2024, but due to not meeting performance conditions, Road and Bridge Group plans to transfer the shares and exit. Recently, Road and Bridge Group transferred the shares to Guangxi Jiaosheng for 111 million yuan, ultimately receiving 98 million yuan in transfer payment, and has received the payment and exited the investment. In addition, the company also cooperates with other private equity funds, with a total investment of 21.66 billion yuan.