002480SZSE
🚨 Material Event

Announcement on Amendments to the Report on Asset Disposal, Share Issuance, Cash Payment for Asset Acquisition, and Supporting Fundraising and Connected Transactions (Draft)

✨ AI Summary

Chengdu Xinzhu Road & Bridge Machinery Co., Ltd. announces amendments to its report on asset disposal, share issuance, and cash payment for asset acquisition. The company is selling assets and issuing shares to acquire a 60% stake in Sichuan Shudao Clean Energy Group. This announcement details revisions made to the original report, including clarifications on financial data and transaction rationale.

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Securities Code: 002480 Securities Abbreviation: Xinzhu Shares Announcement No.: 2026-062

Chengdu Xinzhu Road & Bridge Machinery Co., Ltd.

Announcement on Amendments to the Report on Asset Disposal, Share Issuance, Cash Payment for Asset Acquisition, and Supporting Fundraising and Connected Transactions (Draft)

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.

Chengdu Xinzhu Road & Bridge Machinery Co., Ltd. (hereinafter referred to as the "Company") intends to sell 100% equity of Sichuan Development Maglev Technology Co., Ltd., the creditor's rights held in Sichuan Development Maglev Technology Co., Ltd., and other assets related to rail transit business to Sichuan Shudao Rail Transit Group Co., Ltd. It also intends to sell 100% equity of Chengdu Xinzhu Communication Technology Co., Ltd. and other assets and liabilities related to bridge functional components business to Sichuan Road & Bridge Construction Group Co., Ltd. Concurrently, the Company intends to issue shares and pay cash to acquire 60% equity of Sichuan Shudao Clean Energy Group Co., Ltd. from Shudao Investment Group Co., Ltd. and raise supporting funds.

On July 2, 2026, the Company received the "Inquiry Letter on the Application for Asset Disposal, Share Issuance, Cash Payment for Asset Acquisition, and Supporting Fundraising of Chengdu Xinzhu Road & Bridge Machinery Co., Ltd." (Inquiry Letter [2026] No. 130013) issued by the Shenzhen Stock Exchange. In accordance with the review opinions of the Shenzhen Stock Exchange, the Company has amended, supplemented, and improved the "Report on Asset Disposal, Share Issuance, Cash Payment for Asset Acquisition, and Supporting Fundraising and Connected Transactions (Draft)" (hereinafter referred to as the "Restructuring Report") and its summary. The Restructuring Report and its summary were disclosed on the same day as this announcement.

Compared with the Restructuring Report disclosed by the Company on May 12, 2026, the main amendments are as follows (unless otherwise specified, the definitions of abbreviations or terms in this Amendment Announcement are the same as those in the Restructuring Report):

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