Affiliated to ZHEJIANG EXPRESS (00576) to enter into a contract for digital transformation and smart upgrade project.

ZHEJIANG EXPRESS (00576) announced that on January 22, 2025, the company's non-wholly owned subsidiary, Zhejiang Intelligent Transportation, signed a contract for the digital transformation and upgrade (Phase I) of the highway infrastructure with Hangning Company, Beixiang Datongdao Company, Traffic Group, and Hangrao Company's related branches and management offices. Zhejiang Intelligent Transportation was appointed to provide software development services for monitoring congestion at toll booths and handling oversized transportation at toll booths. Zhejiang Intelligent Transportation also signed a contract with Hangning Company for the intelligent upgrade and renovation (Phase II) of Hangning Highway, appointing them to provide services for the construction information release platform for the intelligent upgrade and renovation of Hangning Highway.