Securities code: Longjian Road&Bridge Co.Ltd(600853) securities abbreviation: Longjian Road&Bridge Co.Ltd(600853) No.: 2022024 Longjian Road&Bridge Co.Ltd(600853) major contract progress announcement
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
This announcement is a follow-up progress announcement of the company’s disclosed temporary announcements numbered “2017060”, “2017091”, “2020014”, “2020015”, “2020089”, “2021016” and “2021024”.
Special risk warning: as the project is a foreign project, there may be political situation, policy, safety and other uncertainties in the performance of the contract. Investors should pay attention to risks.
According to the construction transfer concession agreement and supplementary agreement signed between Mongolia LJ road and Bridge Co., Ltd. (hereinafter referred to as Mongolia company), a wholly-owned subsidiary of Longjian Road&Bridge Co.Ltd(600853) (hereinafter referred to as the company), and the Mongolian government on the 167km asphalt concrete highway engineering project (hereinafter referred to as 167km project) (see Announcement No. “2017060” and “2020015” disclosed by the company on the website of Shanghai stock exchange for details), the time and amount of investment repayment are agreed as follows:
Serial number repayment amount in words repayment term
114273976700 RMB one hundred and forty-two million seven hundred and thirty-nine thousand seven hundred and sixty-seven before March 31, 2020
210146390900 RMB one hundred and one million four hundred and sixty-three thousand nine hundred and nine before March 31, 2021
321046580500 RMB two hundred and ten million four hundred and sixty-five thousand eight hundred and five before March 31, 2022
420534752500 RMB two hundred and five million three hundred and forty-seven thousand five hundred and twenty-five before March 31, 2023
Up to now, Mongolia company has received the investment repayment of 167km project in 2020 and 2021. Due to the covid-19 pneumonia epidemic in Mongolia, the 167km project has affected the payment progress of relevant departments of the Mongolian government according to the procedures. At present, the investment repayment in 2022 has not been received. According to the prevention and control of covid-19 pneumonia in Mongolia, the company will urge the Mongolian government to continue to fulfill its repayment obligations in accordance with the agreement. The company will disclose the progress of the above matters in time. Please pay attention to the investment risks.
It is hereby announced.
Longjian Road&Bridge Co.Ltd(600853) board of directors April 7, 2022
