---
title: "The board meeting of Chongqing Construction Engineering approved the investment adjustment and equity asset transfer proposal"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258042472.md"
description: "Chongqing Construction Engineering Group held a board meeting on September 18, 2025, to review and approve two proposals: first, to adjust the mid-term investment plan for 2025, reducing the total investment amount by 294 million yuan, involving the cancellation of 4 projects, adjustment of 5 projects, and addition of 6 projects; second, to agree to transfer part of the equity assets for 277 million yuan to Chongqing Mechanical and Electrical Holding Company to enhance capital turnover and operational efficiency"
datetime: "2025-09-19T08:35:59.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258042472.md)
  - [en](https://longbridge.com/en/news/258042472.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258042472.md)
---

# The board meeting of Chongqing Construction Engineering approved the investment adjustment and equity asset transfer proposal

On September 18, 2025, Chongqing Construction Engineering Group Co., Ltd. held the 48th meeting of the fifth board of directors via communication, with all 9 directors participating in the voting, and the meeting procedures were legal and valid. The meeting reviewed and approved two proposals: first, the "Proposal on the Company's 2025 Mid-term Investment Adjustment Plan," which, in conjunction with the strategic plan and the investment situation in the first half of the year, reduced the total annual investment plan by 294 million yuan, including the cancellation of 4 projects, adjustment of 5 projects, and addition of 6 projects; second, the "Proposal on the Company's Non-public Agreement Transfer of Equity Assets," which, to revitalize existing assets and improve capital turnover and operational efficiency, agreed to transfer part of the equity assets for 277 million yuan to Chongqing Machinery and Electronics Holding Company. Both proposals were passed with unanimous votes

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