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Sichuan Road & Bridge: Strategic Acquisition of Xinzhu Transportation Technology's Equity to Bolster Bridge Functional Component Segment
2025-06-09 /
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Author：小编
Sichuan Road & Bridge intends to acquire 100% of the equity, along with associated assets and liabilities, of Xinzhu Transportation Technology, a wholly-owned subsidiary of Xinzhu Co., Ltd. This acquisition will be funded through cash transactions, with the primary objective of expanding Sichuan Road & Bridge's bridge functional component business. The move aims to fortify synergies with the company's existing bridge construction operations and elevate its market competitiveness. Notably, Xinzhu Co., Ltd. is a subsidiary of Shudao Investment Group, which serves as the controlling shareholder of Sichuan Road & Bridge.
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