Sichuan Expressway Company Limited(601107) announced on March 3 that Sichuan Road & Bridge Co.Ltd(600039) signed a supplementary agreement with the company to terminate the agreement between Sichuan Road & Bridge Co.Ltd(600039) and all shareholders of Communications Construction Company on issuing shares and paying cash to purchase assets in order to accelerate the work of issuing shares, paying cash to purchase assets and raising supporting funds. At the same time, Sichuan Road & Bridge Co.Ltd(600039) in order to complete the purchase of 100% equity of the transportation construction company, signed the equity transfer agreement with the company to purchase the 5% equity of the transportation construction company changed into a limited liability company held by the company in cash. According to the assets appraisal report of Sichuan Road & Bridge Co.Ltd(600039) proposed to purchase 100% equity of Sichuan Communications Construction Group Co., Ltd. (chhpb [2022] No. 9) issued by Sichuan Tianjian Huaheng Assets Appraisal Co., Ltd., the total equity value of shareholders of Communications Construction Co., Ltd. as of September 30, 2021 was about 7.384 billion yuan, and the value-added rate was 143.32% compared with the book value. After negotiation, it is determined that the transaction price of the 5% equity of the transportation construction company held by the company after it is changed into a limited liability company is about 369 million yuan. After the completion of this transaction, the company no longer holds the equity of transportation construction company.
the chairman of Sichuan Expressway Company Limited(601107) is Gan Yongyi, male, 58, with a master’s degree.
