Securities code: Xinjiang Beixin Road & Bridge Group Co.Ltd(002307) securities abbreviation: Xinjiang Beixin Road & Bridge Group Co.Ltd(002307) Announcement No.: 202236
Xinjiang Beixin Road & Bridge Group Co.Ltd(002307)
Announcement on investment in the construction of PPP project in front of high speed railway station and supporting facilities in Mashan County, Nanning, Guangxi
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
1、 Overview of foreign investment
Xinjiang Beixin Road & Bridge Group Co.Ltd(002307) (hereinafter referred to as "the company" and "the company") won the bid for the PPP project of front square and supporting facilities of Mashan County high speed railway station in March 2022. Details are disclosed in the securities times, securities daily and cninfo.com on March 18, 2022（ http://www.cn.info.com.cn. ）Announcement of Xinjiang Beixin Road & Bridge Group Co.Ltd(002307) on winning the bid of PPP project of high speed railway station square and supporting facilities in Mashan County (Announcement No.: pro 2022-9).
The PPP project in front of the high-speed railway station and supporting facilities in Mashan County, Nanning, Guangxi (hereinafter referred to as "the project" and "the project") adopts the BOT mode, with a total investment of RMB 61065087700, and the project capital is 20% of the total investment, i.e. RMB 122.14 million (of which the government accounts for 10%, i.e. RMB 12.214 million; the social investor accounts for 90%, i.e. RMB 109926 million). The construction period of the project is 1 year and the operation period is 19 years.
At the 22nd Meeting of the 6th board of directors held on May 19, 2022, the company deliberated and adopted the proposal on the construction of PPP project in front of high speed railway station and supporting facilities in Mashan County, Nanning City, Guangxi by 9 votes in favor, 0 against and 0 abstention.
This transaction does not constitute a connected transaction, nor does it constitute a major asset reorganization as stipulated in the administrative measures for major asset reorganization of listed companies.
2、 Introduction to counterparty
Securities code: Xinjiang Beixin Road & Bridge Group Co.Ltd(002307) securities abbreviation: Xinjiang Beixin Road & Bridge Group Co.Ltd(002307) Announcement No.: 202236
Name of owner: Mashan County Housing and Urban Rural Development Bureau
The company has no relationship with the housing and Urban Rural Development Bureau of Mashan County.
3、 Basic information of investment object
(I) project overview
The land area of the project is about 156762 m2, and the construction content mainly includes the station square, access road and elevated ramp.
1. The construction of the square in front of the station includes site leveling, square in front of the station, bus parking lot, tourism distribution center, taxi storage yard, supporting commerce and landscape green space. The total construction area is 59500 ㎡, the bus parking lot covers an area of 7100 ㎡, the tourism distribution center covers an area of 12100 ㎡, and the taxi storage yard covers an area of 6000 ㎡.
2. Entrance and exit roads and elevated ramps: including the entrance road on the south side, the exit road on the north side and the elevated ramp connecting the entrance and exit of the entrance and exit of the station building. The construction contents include road engineering, bridge engineering, drainage engineering, traffic engineering, greening engineering, lighting engineering, electric power and comprehensive weak current engineering, etc.
(II) investment plan
According to the PPP plan of the project (approved), the total investment of the project is 610650877 million yuan, and the project capital is 20% of the total investment, that is, 122.14 million yuan (of which 10% is contributed by the government, that is, 122140 million yuan; 90% is contributed by the social investor, that is, 109926 million yuan).
The project company needs to be registered. The registered capital of the project company is 5 million yuan, and the shareholding ratio of Mashan Weima Investment Development Co., Ltd. is 10%; The shareholding ratio of the company is 90% (subject to the actual contract signed). (III) construction period and operation period
The construction period of the project is 1 year and the operation period is 19 years.
4、 Main contents of foreign investment contract
Up to now, the company has not signed the investment agreement and franchise agreement of the project, and the company will timely perform the obligation of information disclosure according to the follow-up progress.
Securities code: Xinjiang Beixin Road & Bridge Group Co.Ltd(002307) securities abbreviation: Xinjiang Beixin Road & Bridge Group Co.Ltd(002307) Announcement No.: 202236
5、 Impact on the company
1. The implementation of the project can obtain construction and investment income. According to the current calculation, the investment income and construction income of the project are relatively good, the profit is considerable and the project is profitable.
2. The implementation of the project is of great significance for the company to enter the investment market in Guangxi. The project is a municipal project, which is beneficial to the performance support of the municipal sector of our company, with good economic benefits and controllable risks. The company can rely on this project to further open the strategic layout in Guangxi market.
6、 Existing risks
1. In case of changes in market conditions, rising raw material prices and other factors leading to the increase of project investment cost, it will have an impact on the investment income of the project;
2. The performance period of the contract is long, which may be affected by the uncertainty of relevant policies and regulations, market and other aspects, and may be affected by force majeure factors.
7、 Documents for future reference
1. Resolutions of the 22nd Meeting of the 6th board of directors;
2. Resolution of the 19th meeting of the 6th board of supervisors.
It is hereby announced.
Xinjiang Beixin Road & Bridge Group Co.Ltd(002307) board of directors may 20, 2022
