Did Shudao Group acquire Sichuan Hongda Group?

No, according to the inquiry of official website of Shudao Group, as of March 30, 2023, Shudao Group did not acquire Sichuan Hongda Group. Shudao Investment Group Co., Ltd. (hereinafter referred to as "Shudao Group") is a provincial-level state-owned enterprise formed by the reorganization and integration of Sichuan Transportation Investment Group Co., Ltd. (hereinafter referred to as "Jiaotou Group") and Sichuan Railway Industry Investment Group Co., Ltd. (hereinafter referred to as "Tietou Group").