Beixin Road & Bridge: Plans to initiate the filing and issuance of the Yuchang Expressway REITs, with a 24-month authorization.

Beixin Road & Bridge announced that the company plans to use Beixin Road & Bridge as the sponsor to carry out the infrastructure REITs filing and issuance work for the Yuchang Expressway capacity expansion project held by its wholly-owned subsidiary. The company's board of directors agreed to authorize the management team to handle related matters, with the authorization valid for 24 months. This transaction does not constitute a major asset restructuring and does not constitute a related-party transaction.