Subway Design: Planning to issue shares to purchase assets, will undergo review on December 11th.

The subway design announcement stated that the company plans to issue shares to purchase 100% equity of Guangzhou Metro Engineering Consulting Co., Ltd. held by Guangzhou Metro Group, and raise funds from up to 35 specific investors. The Mergers and Acquisitions Review Committee of the Shenzhen Stock Exchange is scheduled to hold a meeting on December 11, 2025 to review the transaction. This transaction still needs to be approved by the Shenzhen Stock Exchange and registered by the China Securities Regulatory Commission. The final result and time are uncertain, and the company will proceed with the work and disclose information in a timely manner.