Subsidiaries of Shandong Hi-Speed Road & Bridge Group (000498.SZ) plan to participate in the bidding for the construction of a section of the Weifang to Yiyuan expressway.

Shandong Hi-Speed Road & Bridge Group (000498.SZ) announced that its subsidiary plans to participate in the bidding for the construction of the Weifang to Zoucheng Expressway Weifang to Yiyuan section project using a combination of construction and investment. According to the bidding plan and documents released by the tenderer, the estimated contract amount for this project is 4.731 billion yuan, and the maximum committed investment amount by the company's participating subsidiary is not more than 676 million yuan. The final construction volume to be undertaken will be determined based on the winning bid amount. The project route is 50.04 kilometers in total length, all of which are new construction. It will be constructed according to the standards of a two-way, four-lane expressway with a design speed of 120 kilometers per hour. The overall roadbed width is 27.0 meters, with a separated roadbed width of 13.25 meters. The project includes 4 interchanges (2 of which are hub interchanges and 2 are general interchanges), 2 service areas, 1 super bridge of 1,129 meters/1 span, 16 large bridges totaling 4,371 meters, 7 medium bridges totaling 628.04 meters, 97 culverts, 15 separated interchanges, 22 bridge-style passages, 53 culvert-style passages, and 21 pedestrian overpasses. The scope of the bidding includes the construction preparation stage, construction stage, completion acceptance stage, and defect liability stage for various construction projects such as roadbed, pavement, bridge and culvert, intersection, drainage, protection, traffic safety facilities, environmental protection and landscaping, buried pipeline, temporary works, reconstruction works, toll plazas, and earthworks for various functional areas. This current bidding is for the construction of Section 1, which is 50.04 kilometers in length.