Chengdu Road & Bridge Engineering Co.Ltd(002628) ( Chengdu Road & Bridge Engineering Co.Ltd(002628) . SZ) announced on April 7 that the company received the notification letter on share reduction plan from the controlling shareholder of the company, Sichuan Hongyi Jiahua Industrial Co., Ltd. (hereinafter referred to as “Hongyi Jiahua”) and its concerted actors on April 6, 2022. Due to the needs of production and operation, Hongyi Jiahua plans to reduce its holdings of no more than 11.381 million shares of the company (accounting for no more than 1.50% of the total share capital of the company) by means of centralized bidding or block trading in the next six months. The reduction price is determined according to the market conditions.
The above shares are the shares purchased by Hongyi Jiahua through the centralized bidding transaction of the stock exchange and the shares transferred by agreement with Zheng Yuli, the original actual controller of the company and Sichuan daochengli Industrial Investment Co., Ltd., who acted in concert, in January 2018.
Chengdu Road & Bridge Engineering Co.Ltd(002628) is mainly engaged in the construction of highway engineering, bridge engineering and tunnel engineering.
The announcement shows that Hongyi Jiahua currently holds 182 million shares of the company, accounting for 24.01% of the total share capital of the company.
According to the announcement, Hongyi Jiahua plans to reduce its shares of the company by no more than 11.381 million shares, that is, no more than 1.50% of the total share capital of the company. If the reduction period is through block trading, it will be carried out within six months after three trading days from the date of disclosure of this announcement; The reduction through centralized bidding will be carried out within six months after 15 trading days from the date of disclosure of this announcement. The reduction price of the above shares is determined according to the market price.
Chengdu Road & Bridge Engineering Co.Ltd(002628) said that the implementation subject of the reduction plan is the controlling shareholder of the company. The implementation of the reduction plan will not lead to the change of the company’s control and will not have a significant impact on the company’s governance structure and sustainable operation.
