Subsidiary of Guangdong Guanghong Holdings (000529.SZ) plans to invest in the construction of Guangdong Guanghong Holdings Food Smart Cold Chain Base project.

Guangdong Guanghong Holdings (000529.SZ) announced that, in order to seize the historical opportunity of the construction of the Guangzhou East Public-Private Rail Intermodal Hub in the Greater Bay Area, and to promote the transformation and upgrading of its food cold chain industry, the company held its first interim board meeting of 2026 on April 7, 2026. The board approved the proposal for the subsidiary to invest in the construction of the Guangdong Guanghong Holdings Food Smart Cold Chain Base Project. The board agreed for the company's subsidiary, Guangdong Kuayang Smart Port Industry Operation and Management Co., Ltd. (referred to as "Smart Port Company"), to invest in and build the Food Smart Cold Chain Base Project, and authorized the company's management to be responsible for all operational matters of the project within a range not exceeding 1.843 billion yuan.