News summary
[Sichuan Road and Bridge: The subsidiary plans to participate in the bidding for the pre-station project of the Miansui Section of the Miansui Inner Railway through a subscription fund model] Securities Times e Company Newsplaysicbo, Sichuan Road and Bridge (600039) announced on the evening of May 24playsicbo, the company's subsidiaries plan to form a consortium to participate in the construction of the Mianyang to Suining to Neijiang railwayplaysicbo.playsicbo..
Newsletter text
[Sichuan Road and Bridge: The subsidiary plans to participate in the bidding for the pre-station project of the Miansui section of the new Miansui Inner Railway through a subscription fund model] Securities Times e Company News, Sichuan Road and Bridge (600039) announced on the evening of May 24 that the company's subsidiaries plan to form a consortium to participate in the bidding for the pre-station project of the Mian-Suining section of the new Mian-Suining-Neijiang Railway. After winning the bid for the project, the company's subsidiaries plan to subscribe for the shares of the Miansui Railway Equity Investment Fund (Phase I) partnership (limited partnership) of the Miansui Railway Equity Investment Fund of Sichuan Province designated by the tenderers, Miansui Railway Co., Ltd., and the capital contribution of the subscribed fund will be 1/5 of the winning bid amount of the project bid section. Based on the two bid sections with the highest bid price limits being won at the same time, the company's maximum share of funds to be subscribed is 1.962 billion yuan. The consortium is subsequently responsible for matters such as construction, fund raising, fund payment, and fund withdrawal of the project.
