Wantong Expressway announced that the company joined the Anhui Traffic Control Group lead consortium to participate in the bidding for the S24 Hangzhou-Hefei Expressway Xuancheng Section II project. It was determined that the consortium was the winning bidder. The winning bid price was 352 months, and the construction period should meet the overall goal of 36 months for the construction period; the company plans to invest about 26.2696 million yuan with its own capital, accounting for 2% of the shares. This investment constitutes a related transaction and does not constitute a major asset restructuring. It has been reviewed and approved by the board of directors, and there is no need to submit it to the shareholders' meeting for consideration.

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