Shang Hai Zheng Quan Bao·2025-08-06 18:46Project Overview - Sichuan Road and Bridge Construction Group Co., Ltd. has approved a related transaction for investment in the G5 Jingkun Expressway Chengdu to Ya'an section expansion project through its subsidiary construction enterprises [2] - The consortium, including Sichuan Highway Bridge Construction Group Co., Ltd., Sichuan Provincial Transportation Construction Group Co., Ltd., and others, received a bid notification confirming their successful bid for the project on July 28, 2025 [2] Progress Update - On August 6, 2025, the consortium signed an investment agreement with the project owners, which include the governments of Ya'an, Chengdu, and Meishan [3] - The agreement outlines the responsibilities of both parties, with the project owners (甲方) overseeing the implementation and regulatory compliance, while the consortium (乙方) is responsible for investment, construction, and management [3][4] - The consortium is required to establish a project company with a registered capital of 100 million yuan, with 20.20% of the total project investment to be contributed as capital [5] - The capital contribution is structured to be disbursed in phases, with specific percentages allocated for each year of the project [5] - A performance bond of 111 million yuan has been submitted by the consortium to guarantee the fulfillment of contractual obligations [5]