On December 18, GeLonghui reported that Sichuan Road & Bridge Group (600039.SH) announced that the company recently received the "Approval on the Integration and Capital Increase Implementation Plan for the Clean Energy Sector" (Shu Dao Si Fa [2024] No. 468) and the "Approval on Shudao Mining Group's Integration and Capital Increase Implementation Plan" (Shu Dao Si Fa [2024] No. 467) issued by Shudao Group, with the main content as follows:
1. Agreed on the integration and capital increase implementation plan for the clean energy sector, where Shudao Group will increase capital in Sichuan Shudao Clean Energy Group Co., Ltd. (hereinafter referred to as the Clean Energy Group) with 60% equity of Sichuan Tieniu Electric Power Development Co., Ltd., 70% equity of Sichuan Tieto Kangba Investment Co., Ltd. and cash of 2,997.4456 million yuan. After the capital increase, the registered capital of the Clean Energy Group will be 7.5 billion yuan, with Shudao Group holding 60% and Sichuan Road & Bridge holding 40%.
2. Agreed on the integration and capital increase implementation plan for the mining sector, where Shudao Group will acquire 20% equity of Sichuan Shudao Mining Group Co., Ltd. (hereinafter referred to as the Mining Group) held by Sichuan Road and Bridge Construction Group Co. Ltd. (hereinafter referred to as the Road & Bridge Group) for 651.2606 million yuan, and will inject capital into the Mining Group with 40% equity of Sichuan Road & Bridge Mining Investment and Development Co., Ltd. (hereinafter referred to as Road & Bridge Mining) and 2,541.985 million yuan cash. After the capital increase, the registered capital of the Mining Group will be 6 billion yuan, with Shudao Group holding 60% and Sichuan Road & Bridge holding 40%. Agreed that the Mining Group will acquire 20% equity of Road & Bridge Mining held by the Road & Bridge Group for 357.1591 million yuan.
