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-1.333 Td (Maintenance and Routine Expressway Maintenance entered )Tj 0.193 Tw 0 -1.333 Td (into between Ningxuanhang Company and the Consortium )Tj 0.025 Tw 0 -1.333 Td (on 8 June 2023)Tj -14.173 -2.667 Td (\223Maintenance Work )Tj 0 Tc 0 Tw ( )Tj 0.025 Tc 0.025 Tw 0.992 -1.333 Td (Contract V\224)Tj 0.232 Tw 13.181 1.333 Td (the General Contracting Contract for Integrated Pavement )Tj 0.139 Tw 0 -1.333 Td (Maintenance and Routine Expressway Maintenance entered )Tj 0.15 Tw 0 -1.333 Td [(into )0.5 (between )0.5 (Anqing )0.5 (Bridge )0.5 (Company )0.5 (and )0.5 (the )0.5 (Consortium )]TJ 0.025 Tw 0 -1.333 Td (on 8 June 2023)Tj -14.173 -2.667 Td (\223Maintenance Work )Tj -0.025 Tw 0.992 -1.333 Td (Contracts\224)Tj 0.134 Tw 13.181 1.333 Td (Maintenance Work Contract I, Maintenance Work Contract )Tj 0.053 Tc 0.237 Tw 0 -1.333 Td [(II,)12.7 ( Maintenance)12.6 ( Work)12.7 ( Contract)12.7 ( III,)12.6 ( Maintenance)12.7 ( Work)28 ( )]TJ 0.025 Tc 0.025 Tw 0 -1.333 Td (Contract IV and Maintenance Work Contract V)Tj -14.173 -2.667 Td (\223Ningxuanhang Company\224)Tj 0.054 Tc 0.237 Tw 14.173 0 Td [(Anhui)12.6 ( Ningxuanhang)12.7 ( Expressway)12.6 ( Investment)12.7 ( Company)29 ( )]TJ 0.045 Tc 0.238 Tw 0 -1.333 Td [(Limited*)12.4 ( \()]TJ /C0_0 1 Tf 0.033 Tc -0.033 Tw 4.944 0 Td <03C413CF0FB90701060409F70BBA02AE0F2904B30F1F03DE082202AE0321>Tj /T1_0 1 Tf 0.045 Tc 0.238 Tw 15.52 0 Td [(\),)12.4 ( its)12.4 ( equity)20 ( )]TJ 0.025 Tc 0.126 Tw -20.464 -1.333 Td (interest is held as to 51%, 10% and 39% by the Company, )Tj 0.057 Tc 0.238 Tw 0 -1.333 Td [(Xuancheng)12.2 ( Transportation)12.2 ( Investment)12.2 ( Group)12.1 ( Company)32 ( )]TJ 0.103 Tc 0 -1.333 Td [(Limited*)12.5 ( )0.6 (\()]TJ /C0_0 1 Tf 0.091 Tc -0.091 Tw 5.522 0 Td [<0701>0.6 <06EC>0.5 <0339>0.6 <0374>0.5 <0BB7>0.6 <04B3>0.5 <0F1F>0.6 <0DAB>0.5 <0FA0>0.6 <03DE>0.5 <0822>0.6 <02AE>0.6 <0321>]TJ /T1_0 1 Tf 0.103 Tc 0.238 Tw 14.206 0 Td [(\))12.6 ( )0.5 (and)12.6 ( )0.5 (Anhui)78 ( )]TJ 0.025 Tc 0.025 Tw -19.728 -1.333 Td (Transportation Holding Group, respectively)Tj -14.173 -2.667 Td (\223percentage ratio\(s\)\224)Tj 0.045 Tc 0.238 Tw 14.173 0 Td [(the)12.4 ( )0.5 (percentage)12.5 ( ratio\(s\))12.5 ( \(other)12.5 ( than)12.5 ( the)12.4 ( )0.5 (profits)12.4 ( )0.5 (ratio)12.5 ( and)20 ( )]TJ 0.025 Tc 0.025 Tw 0 -1.333 Td (equity capital ratio\) under Rule 14.07 of the Listing Rules)Tj -0.025 Tw -14.173 -2.667 Td (\223PRC\224)Tj 0.084 Tw 14.173 0 Td (the People\222s Republic of China, and for the sole purpose of )Tj 0.17 Tw 0 -1.333 Td (this announcement only, shall exclude Hong Kong Special )Tj 0.066 Tc 0.237 Tw 0 -1.333 Td [(Administrative)12.8 ( Region,)12.8 ( Macau)12.9 ( Spec)0.5 (ial)12.9 ( Administrative)41.1 ( )]TJ 0.025 Tc 0.025 Tw 0 -1.333 Td (Region and Taiwan)Tj ET endstream endobj 25 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 0.025 Tw 12 0 0 12 284.7378 18.7492 Tm (\226 9 \226)Tj -0.025 Tw -19.004 62.664 Td (\223associate\(s\)\224)Tj 0.025 Tw 14.173 0 Td (has the meaning ascribed to it under the Listing Rules)Tj -0.025 Tw -14.173 -2.667 Td [(\223)80 (ATEGC\224)]TJ 0.197 Tw 14.173 0 Td (Anhui Transportation Engineering Group Co., Ltd.* \()Tj /C0_0 1 Tf -0.025 Tw 23.959 0 Td <03C413CF>Tj -23.959 -1.333 Td <03740A9B02880CFB0DAB0FA003DE082202AE0321>Tj /T1_0 1 Tf 0.072 Tw 10.28 0 Td (\), a company incorporated under the )Tj 0.025 Tw -10.28 -1.333 Td (PRC law with limited liability)Tj -0.025 Tw -14.173 -2.667 Td [(\223)80 (ATRMC\224)]TJ 0.229 Tw 14.173 0 Td (Anhui Transportation Road Maintenance Co., Ltd.* \()Tj /C0_0 1 Tf -0.025 Tw 23.959 0 Td <03C413CF>Tj -23.959 -1.333 Td <03740A9B0F380F29126E169003DE082202AE0321>Tj /T1_0 1 Tf 0.072 Tw 10.28 0 Td (\), a company incorporated under the )Tj 0.025 Tw -10.28 -1.333 Td (PRC law with limited liability)Tj -0.025 Tw -14.173 -2.667 Td (\223Board\224)Tj 0.025 Tw 14.173 0 Td (the board of directors of the Company)Tj -0.025 Tw -14.173 -2.667 Td (\223Company\224)Tj 0.047 Tc 0.237 Tw 14.173 0 Td [(Anhui)12.6 ( Expressway)12.6 ( Company)12.6 ( Limited*)12.7 ( \()]TJ /C0_0 1 Tf 0.034 Tc -0.034 Tw 18.778 0 Td <03C413CF0CF00BB709F70BBA02AE>Tj 0.025 Tc -0.025 Tw -18.778 -1.333 Td <0F290670038503DE082202AE0321>Tj /T1_0 1 Tf 0.037 Tc 0.238 Tw 7.205 0 Td [(\),)12 ( a)12.1 ( joint)12 ( stock)12 ( company)12 ( incorporated)12 ( in)12 ( )]TJ 0.025 Tc 0.109 Tw -7.205 -1.333 Td (the PRC with limited liability, the overseas listed shares of )Tj 0.173 Tw 0 -1.333 Td (which are listed on the Stock Exchange, and the domestic )Tj 0 -1.333 Td (ordinary shares of which are listed on the Shanghai Stock )Tj 0.025 Tw 0 -1.333 Td (Exchange in the PRC)Tj -14.173 -2.667 Td (\223connected person\(s\)\224)Tj 14.173 0 Td (has the meaning ascribed to it under the Listing Rules)Tj -0.025 Tw -14.173 -2.667 Td (\223Consortium\224)Tj 0.038 Tc 0.237 Tw 14.173 0 Td [(t)0.5 (h)0.5 (e)13.1 ( c)0.5 (o)0.5 (n)0.5 (s)0.6 (o)0.5 (r)0.5 (t)0.5 (i)0.6 (u)0.5 (m)13 ( f)0.5 (o)0.5 (r)0.6 (m)0.5 (e)0.5 (d)13 ( b)0.5 (y)13 ( D)0.6 (e)0.5 (s)0.5 (i)0.5 (g)0.6 (n)13 ( I)0.6 (n)0.5 (s)0.5 (t)0.6 (i)0.5 (t)0.5 (u)0.5 (t)0.5 (e)0.6 (,)13 ( A)0.5 (T)0.5 (E)0.6 (G)0.5 (C)13 ( a)0.5 (n)0.6 (d)13 ( )]TJ 0.046 Tc 0.238 Tw 0 -1.333 Td [(ATRMC)12.4 ( )0.5 (to)12.4 ( provide)12.4 ( )0.5 (transactions)12.4 ( under)12.4 ( the)12.4 ( Maintenance)21.1 ( )]TJ 0.025 Tc 0.025 Tw 0 -1.333 Td (Work Contracts)Tj -14.173 -2.667 Td (\223Design Institute\224)Tj 0.198 Tw 14.173 0 Td (Anhui Transport Consulting & Design Institute Co., Ltd.* )Tj 0 Tc 0 Tw 0 -1.333 Td (\()Tj /C0_0 1 Tf 0.023 Tc -0.023 Tw 0.386 0 Td <03C413CF07B203740BB70B9D0F8C0BA3080707BC04FA143C09EB0670038503DE082202AE0321>Tj /T1_0 1 Tf 0.025 Tw 19.461 0 Td [(\), a joint stock)-2 ( )]TJ 0.025 Tc 0.098 Tw -19.847 -1.333 Td (company incorporated in the PRC with limited liability and )Tj 0.025 Tw 0 -1.333 Td (listed on the Shanghai Stock Exchange in the PRC)Tj -0.025 Tw -14.173 -2.667 Td (\223Group\224)Tj 0.025 Tw 14.173 0 Td (the Company and its subsidiaries)Tj -14.173 -2.667 Td (\223Guangci Company\224)Tj 0.018 Tc 14.173 0 Td (Xuancheng City Guangci Expressway Company Limited* \()Tj /C0_0 1 Tf 0 Tc 0 Tw 24.984 0 Td <0701>Tj 0.02 Tc -0.02 Tw -24.984 -1.333 Td <06EC0339113F095709F70BBA02AE0F2903DE08220BAA038202AE0321>Tj /T1_0 1 Tf 0.233 Tw 14.31 0 Td [(\), )0.6 (a )0.5 (company )0.5 (incorporated )]TJ 0 Tc 0 Tw 11.694 0 Td ( )Tj 0.025 Tc 0.245 Tw -26.004 -1.333 Td (under the laws of the PRC, its equity interest is held as )Tj 0.038 Tc 0.237 Tw 0 -1.333 Td [(to)12.8 ( 5)12.8 (5)12.7 (.)12.7 (4)12.8 (7)12.7 (%)12.7 ( and)12.7 ( 4)12.8 (4)12.7 (.)12.7 (5)12.8 (3)12.7 (%)12.8 ( by)12.8 ( the)12.7 ( Company)12.7 ( and)12.7 ( Xuancheng)13 ( )]TJ 0.025 Tc 0.131 Tw 0 -1.333 Td (Transportation Investment Group Company Limited* \()Tj /C0_0 1 Tf -0.025 Tw 23.959 0 Td <070106EC>Tj -23.959 -1.333 Td <033903740BB704B30F1F0DAB0FA003DE082202AE0321>Tj /T1_0 1 Tf 0.025 Tw 11.305 0 Td (\), respectively)Tj -25.478 -2.667 Td (\223Listing Rules\224)Tj 0.133 Tw 14.173 0 Td (the Rules Governing the Listing of Securities on the Stock )Tj -0.025 Tw 0 -1.333 Td (Exchange)Tj ET endstream endobj 23 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 0.025 Tw 12 0 0 12 284.7378 18.7492 Tm (\226 8 \226)Tj 0.061 Tc 0.238 Tw -19.004 62.978 Td [(Design)12.3 ( Institute)12.3 ( is)12.3 ( principally)12.3 ( engaged)12.4 ( in)12.3 ( investment,)12.3 ( planning,)12.3 ( consulting,)12.3 ( project)36 ( )]TJ 0.025 Tc 0.162 Tw 0 -1.333 Td (management, survey, design, supervision, testing, construction, operatio\ n and maintenance, )Tj 0.184 Tw 0 -1.333 Td (technology, equipment and building materials development, agent, general\ contracting and )Tj 0.174 Tw 0 -1.333 Td (external contracting of the transportation and urban and rural infrastru\ cture \(such as road, )Tj 0.028 Tc 0.247 Tw 0 -1.333 Td [(bridge,)3 ( tunnel,)3 ( port,)3 ( channel,)3 ( rail,)3 ( transportation)3 ( works,)3 ( geotechnical,)3 ( landscaping,)3 ( water)3.1 ( )]TJ 0.025 Tc 0.161 Tw 0 -1.333 Td (supply and drainage, architecture, structures, etc.\), resources and eco\ logy and environment )Tj 0.045 Tc 0.238 Tw 0 -1.333 Td [(\(such)12.2 ( as)12.2 ( protection,)12.2 ( restoration,)12.2 ( disaster)12.2 ( prevention,)12.2 ( governance)12.2 ( and)12.2 ( development)12.2 ( and)20 ( )]TJ 0.025 Tc 0.025 Tw 0 -1.333 Td (utilization\) and the intelligence and information system.)Tj 0.058 Tw 0 -2.667 Td (ATEGC is principally engaged in construction work; professional operatio\ ns of construction; )Tj 0.129 Tw 0 -1.333 Td (prestressed concrete railway bridge simple supported beam products produ\ ction; production )Tj 0.041 Tc 0.238 Tw 0 -1.333 Td [(of)12.5 ( )0.5 (steel)12.4 ( )0.5 (reinforcement)12.4 ( )0.5 (products)12.4 ( )0.5 (for)12.4 ( )0.5 (construction:)12.4 ( )0.5 (landscaping)12.4 ( engineering)12.5 ( construction;)16 ( )]TJ 0.025 Tc 0.224 Tw 0 -1.333 Td (manufacturing of concrete structure components; sales of concrete struct\ ural components; )Tj 0.025 Tw 0 -1.333 Td (manufacturing of cement products; sales of cement products, etc..)Tj 0.034 Tc 0.241 Tw 0 -2.667 Td [(ATRMC)9 ( is)9 ( principally)9 ( engaged)9 ( in)9 ( highway)9 ( management)9 ( and)9 ( maintenance;)9.1 ( roadbed)9 ( and)9 ( )]TJ 0.025 Tc 0.193 Tw 0 -1.333 Td (pavement maintenance works; construction works; professional operations \ of construction; )Tj 0.057 Tw 0 -1.333 Td (technical services, technical development, technical consulting, technic\ al exchange, technical )Tj 0.031 Tc 0.244 Tw 0 -1.333 Td [(tra)0.5 (nsfer)6 ( and)6 ( tec)0.5 (hnica)0.5 (l)6 ( promotion)0.5 (;)6 ( engine)0.5 (ering)6.1 ( a)0.5 (nd)6 ( tec)0.5 (hnology)6 ( r)0.5 (esea)0.5 (rch)6 ( an)0.5 (d)5.9 ( exper)0.5 (imenta)0.5 (l)5.9 ( )]TJ 0.025 Tc 0.15 Tw 0 -1.333 Td [(development; new )0.5 (material technology research and )0.5 (development; )0.5 (new material )0.5 (technology )]TJ 0.025 Tw 0 -1.333 Td (promotion services; engineering management services, etc..)Tj /T1_1 1 Tf -0.025 Tw 14 0 0 14 56.6929 418.4808 Tm (DEFINITIONS)Tj /T1_0 1 Tf 0.118 Tw 12 0 0 12 56.6929 386.4808 Tm (In this announcement, unless the context otherwise requires, the followi\ ng terms shall have )Tj 0.025 Tw 0 -1.333 Td (the following meanings:)Tj 0 -2.667 Td [(\223)80 (Anhui Transportation )]TJ 0.992 -1.333 Td (Holding Group\224)Tj 0.036 Tc 0.239 Tw 13.181 1.333 Td [(Anhui)11 ( Transportation)11 ( Holding)11 ( Group)11 ( Company)11 ( Limited*)11 ( )]TJ 0 Tc 0 Tw 0 -1.333 Td (\()Tj /C0_0 1 Tf 0.025 Tc -0.025 Tw 0.388 0 Td <03C413CF07B203740BB70A9B06700DAB0FA003DE082202AE0321>Tj /T1_0 1 Tf 0.12 Tw 13.355 0 Td (\), formerly known as Anhui )Tj 0.046 Tc 0.237 Tw -13.743 -1.333 Td [(Expressway)12.7 ( Holding)12.6 ( Group)12.6 ( Company)12.6 ( Limited*)12.6 ( \()]TJ /C0_0 1 Tf 0.033 Tc -0.033 Tw 22.918 0 Td <03C413CF07B2>Tj 0.063 Tc -0.063 Tw -22.918 -1.333 Td <09F70BBA02AE0F290A9B06700DAB0FA003DE082202AE0321>Tj /T1_0 1 Tf 0.076 Tc 0.237 Tw 12.789 0 Td [(\),)12.8 ( a)12.8 ( state-owned)12.8 ( enterprise)51 ( )]TJ 0.025 Tc 0.025 Tw -12.789 -1.333 Td (incorporated under the PRC law)Tj -14.173 -2.667 Td [(\223)80 (Annual Cap\(s\)\224)]TJ 0.04 Tw 14.173 0 Td (the maximum aggregate annual amount\(s\) for the continuing )Tj 0.09 Tw 0 -1.333 Td (connected transactions contemplated under the Maintenance )Tj 0.025 Tw 0 -1.333 Td (Work Contracts)Tj -14.173 -2.667 Td [(\223)80 (Anqing Bridge Company\224)]TJ 0.239 Tw 14.173 0 Td (Anhui Anqing Yangtze River Expressway Bridge Limited )Tj 0.06 Tc 0.237 Tw 0 -1.333 Td [(L)0.5 (ia)0.5 (bi)0.5 (lit)0.5 (y)12.9 ( Co)0.5 (mp)0.5 (an)0.5 (y*)13 ( \()]TJ /C0_0 1 Tf 0.047 Tc -0.047 Tw 10.326 0 Td <03C413CF03C41145069703EA02AE0F29027D12D703DE08220BAA038202AE>Tj 0 Tc 0 Tw -10.326 -1.333 Td <0321>Tj /T1_0 1 Tf 0.024 Tc 0.025 Tw 1.054 0 Td [(\), )0.5 (a limit)0.5 (ed co)0.5 (mpany)0.5 ( esta)0.5 (blishe)0.5 (d in th)0.5 (e PRC)0.5 ( and a)0.5 ( whol)0.5 (ly-)]TJ 0.025 Tc -1.054 -1.333 Td (owned subsidiary of the Company)Tj ET endstream endobj 22 0 obj <>stream BT 0 0 0 1 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0.072 Tw 0 -1.333 Td (Transportation Holding Group. 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As Design Institute is a\ subsidiary of Anhui )Tj 0.061 Tw 0 -1.333 Td (Transportation Holding Group and both ATEGC and ATRMC are wholly-owned s\ ubsidiaries )Tj 0.195 Tw 0 -1.333 Td (of Anhui Transportation Holding Group, under Chapter 14A of the Listing \ Rules, Design )Tj 0.187 Tw 0 -1.333 Td (Institute, ATEGC and ATRMC are associates of Anhui Transportation Holdin\ g Group \(as )Tj 0.121 Tw 0 -1.333 Td (defined under the Listing Rules\) and are therefore also connected perso\ ns of the Company. )Tj 0.172 Tw 0 -1.333 Td [(Accordingly, the )0.5 (transactions under )0.5 (the Maintenance )0.5 (Work Contracts )0.5 (constitute continuing )]TJ 0.025 Tw 0 -1.333 Td (connected transactions.)Tj 0.05 Tc 0.237 Tw 0 -2.667 Td [(As)12.9 ( the)12.8 ( continuing)12.9 ( connected)12.9 ( transactions)12.9 ( under)12.9 ( the)12.9 ( Maintenance)12.8 ( Work)12.9 ( Contracts)12.9 ( are)25.1 ( )]TJ 0.065 Tc 0.238 Tw 0 -1.333 Td [(conducted)12.5 ( )0.6 (with)12.6 ( )0.5 (the)12.6 ( )0.5 (same)12.5 ( )0.6 (connected)12.5 ( )0.6 (persons)12.6 ( )0.6 (\(i.e.)12.6 ( )0.5 (the)12.6 ( )0.5 (Consortium\),)12.6 ( )0.5 (pursuant)12.5 ( )0.5 (to)12.5 ( )0.6 (the)40 ( )]TJ 0.04 Tc 0.237 Tw 0 -1.333 Td [(requirements)12.7 ( under)12.7 ( Rule)12.7 ( 1)12.7 (4)12.7 (A.)12.6 (8)12.7 (3)12.7 ( of)12.7 ( the)12.7 ( Listing)12.7 ( Rules,)12.7 ( the)12.7 ( above)12.7 ( continuing)12.7 ( connected)15 ( )]TJ 0.025 Tc 0.025 Tw 0 -1.333 Td (transactions may be aggregated and regarded as a single transaction.)Tj 0.047 Tw 0 -2.667 Td (As the highest applicable percentage ratio in respect of the continuing \ connected transactions )Tj 0.053 Tw 0 -1.333 Td (under the Maintenance Work Contracts on an annual and aggregated basis i\ s more than 0.1% )Tj 0.117 Tw 0 -1.333 Td [(but less than )0.5 (5%, and the )0.5 (transactions are )0.5 (conducted on normal commercial )0.5 (terms, )0.5 (they are )]TJ 0.027 Tw 0 -1.333 Td (exempted from the requirement of approval by independent shareholders of\ the Company, but )Tj 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85.0394 740.6948 Tm (Except for the following amendments, other major terms of Maintenance Wo\ rk Contract )Tj 0.025 Tw 0 -1.333 Td (V shall be the same as those set out in Maintenance Work Contract I:)Tj 0 -2.667 Td [(\225 )-1687.2 (The party is changed from the Company to Anqing Bridge Company;)]TJ 0.047 Tc 0.237 Tw 0 -2.667 Td [(\225)22 ( )-1453.2 (A)0.5 (n)0.6 (q)0.5 (i)0.5 (n)0.5 (g)13 ( B)0.6 (r)0.5 (i)0.5 (d)0.6 (g)0.5 (e)13 ( C)0.6 (o)0.5 (m)0.5 (p)0.5 (a)0.6 (n)0.5 (y)13 ( s)0.6 (h)0.5 (a)0.5 (l)0.6 (l)13 ( e)0.5 (n)0.5 (g)0.6 (a)0.5 (g)0.5 (e)13.1 ( t)0.5 (h)0.5 (e)13.1 ( C)0.5 (o)0.5 (n)0.6 (s)0.5 (o)0.5 (r)0.6 (t)0.5 (i)0.5 (u)0.5 (m)13 ( t)0.6 (o)13 ( p)0.5 (r)0.6 (o)0.5 (v)0.5 (i)0.5 (d)0.6 (e)13 ( p)0.5 (a)0.6 (v)0.5 (e)0.5 (m)0.6 (e)0.5 (n)0.5 (t)22 ( )]TJ 0.025 Tc 0.143 Tw 2.362 -1.333 Td (maintenance work services for the road sections administered by Anqing B\ ridge )Tj -0.025 Tw 0 -1.333 Td (Company;)Tj 0.233 Tw -2.362 -2.667 Td [(\225 )-1479.2 (The fees under the Maintenance Work Contract V shall be RMB3,015,923.40,\ )]TJ 0.146 Tw 2.362 -1.333 Td (including RMB480,633.30 for services related to testing and assessment o\ f road )Tj 0.025 Tw 0 -1.333 Td (surface and RMB2,535,290.10 for maintenance work.)Tj /T1_1 1 Tf 14 0 0 14 56.6929 528.6948 Tm (ANNUAL CAPS)Tj /T1_0 1 Tf 0.029 Tc 0.246 Tw 12 0 0 12 56.6929 496.6948 Tm [(F)0.5 (o)0.5 (r)4 ( t)0.5 (he)4.1 ( f)0.5 (in)0.5 (a)0.5 (n)0.5 (c)0.5 (i)0.5 (a)0.5 (l)4 ( y)0.5 (e)0.5 (ar)0.5 (s)4.1 ( e)0.5 (nd)0.5 (i)0.5 (n)0.5 (g)4 ( 3)4 (1)4 ( D)0.5 (e)0.5 (c)0.5 (e)0.5 (m)0.5 (be)0.5 (r)4.1 ( 2)4 (0)4 (2)4 (3)4 ( a)0.5 (n)0.5 (d)4 ( 2)4 (0)4 (2)4 (4)4 (,)4 ( t)0.5 (h)0.5 (e)4 ( m)0.5 (a)0.5 (x)0.5 (i)0.5 (mu)0.5 (m)4 ( a)0.5 (n)0.5 (n)0.5 (u)0.5 (a)0.5 (l)4 ( t)0.5 (ot)0.5 (a)0.5 (l)4 ( )]TJ 0.025 Tc 0.034 Tw 0 -1.333 Td (amounts \(i.e. Annual Caps\) for the transactions under the Maintenance \ Work Contracts are as )Tj -0.025 Tw 0 -1.333 Td (follows:)Tj /T1_1 1 Tf 0.025 Tw 23.197 -2.667 Td (Annual Caps for )Tj 0.501 -1.333 Td (the year ending )Tj -1.245 -1.333 Td (31 December 2023)Tj 10.193 2.667 Td (Annual Caps for )Tj 0.501 -1.333 Td (the year ending )Tj -1.245 -1.333 Td (31 December 2024)Tj /T1_0 1 Tf -0.025 Tw 12 0 3.2154 12 388.0978 384.6948 Tm (\(RMB\))Tj 9.449 0 Td (\(RMB\))Tj 0.025 Tw 12 0 0 12 56.6929 352.6948 Tm (Maintenance Work Contract I)Tj -0.025 Tw 24.659 0 Td (52,715,800.00)Tj 9.449 0 Td (33,338,409.47)Tj 0.025 Tw -34.107 -1.333 Td (Maintenance Work Contract II)Tj -0.025 Tw 25.184 0 Td (3,467,000.00)Tj 9.449 0 Td (2,178,913.02)Tj 0.025 Tw -34.632 -1.333 Td (Maintenance Work Contract III)Tj -0.025 Tw 25.984 0 Td (550,000.00)Tj 9.449 0 Td (362,509.91)Tj 0.025 Tw -35.432 -1.333 Td (Maintenance Work Contract IV)Tj -0.025 Tw 25.184 0 Td (9,910,000.00)Tj 9.449 0 Td (4,159,877.11)Tj 0.025 Tw -34.632 -1.333 Td (Maintenance Work Contract V)Tj -0.025 Tw 25.184 0 Td (1,900,000.00)Tj 9.449 0 Td (1,115,923.40)Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 323.1496 284.4118 cm 0 0 m 102.047 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(workload; \(2\) the total contractual amount under each contract and \(3\ \) the expected payment )Tj -0.025 Tw 0 -1.333 Td (schedule.)Tj ET endstream endobj 49 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 0.025 Tw 12 0 0 12 284.7378 18.7492 Tm (\226 4 \226)Tj /T1_1 1 Tf 14 0 0 14 56.6929 772.6948 Tm [(\(2\) )-483.8 (MAINTENANCE WORK CONTRACT II)]TJ /T1_0 1 Tf 0.028 Tw 12 0 0 12 85.0394 740.6948 Tm (Except for the following amendments, other major terms of Maintenance Wo\ rk Contract )Tj 0.025 Tw 0 -1.333 Td (II shall be the same as those set out in Maintenance Work Contract I:)Tj 0 -2.667 Td [(\225 )-1687.2 (The party is changed from the Company to Xuanguang Company;)]TJ 0.074 Tc 0.238 Tw 0 -2.667 Td [(\225)49 ( )-1425.2 (Xuanguang)12.3 ( Company)12.4 ( shall)12.4 ( engage)12.3 ( the)12.3 ( Consortium)12.3 ( to)12.3 ( provide)12.3 ( pavement)49 ( )]TJ 0.037 Tc 2.362 -1.333 Td [(maintenance)12 ( work)12 ( services)12 ( for)12.1 ( the)12 ( road)12 ( sections)12 ( administered)12 ( by)12 ( Xuanguang)12 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.333 Td (Company;)Tj 0.236 Tw -2.362 -2.667 Td [(\225 )-1476.2 (The fees under the Maintenance Work Contract II shall be RMB5,645,913.02\ , )]TJ 0.146 Tw 2.362 -1.333 Td (including RMB815,112.09 for services related to testing and assessment o\ f road )Tj 0.025 Tw 0 -1.333 Td (surface and RMB4,830,800.93 for maintenance work.)Tj /T1_1 1 Tf 14 0 0 14 56.6929 528.6948 Tm [(\(3\) )-483.8 (MAINTENANCE WORK CONTRACT III)]TJ /T1_0 1 Tf 0.028 Tw 12 0 0 12 85.0394 496.6948 Tm (Except for the following amendments, other major terms of Maintenance Wo\ rk Contract )Tj 0.025 Tw 0 -1.333 Td (III shall be the same as those set out in Maintenance Work Contract I:)Tj 0 -2.667 Td [(\225 )-1687.2 (The party is changed from the Company to Guangci Company;)]TJ 0.068 Tw 0 -2.667 Td [(\225 )-1644.2 (Guangci Company shall engage the Consortium to provide pavement maintena\ nce )]TJ 0.025 Tw 2.362 -1.333 Td (work services for the road sections administered by Guangci Company;)Tj 0.033 Tc 0.242 Tw -2.362 -2.667 Td [(\225)8 ( )-1462.2 (The)8.1 ( fee)0.5 (s)8 ( un)0.5 (der)8 ( th)0.5 (e)8 ( Mai)0.5 (nten)0.5 (anc)0.5 (e)8 ( Wor)0.5 (k)8 ( Cont)0.5 (rac)0.5 (t)8 ( III)8 ( s)0.5 (hall)8.1 ( be)8 ( RM)0.5 (B)8 (9)8 (1)8 (2)8 (,)8 (5)8 (0)8 (9)8 (.)8 (9)8 (1)8 (,)8 ( )]TJ 0.025 Tc 0.146 Tw 2.362 -1.333 Td (including RMB143,843.31 for services related to testing and assessment o\ f road )Tj 0.025 Tw 0 -1.333 Td (surface and RMB768,666.60 for maintenance work.)Tj /T1_1 1 Tf 14 0 0 14 56.6929 300.6948 Tm [(\(4\) )-483.8 (MAINTENANCE WORK CONTRACT IV)]TJ /T1_0 1 Tf 0.028 Tw 12 0 0 12 85.0394 268.6948 Tm (Except for the following amendments, other major terms of Maintenance Wo\ rk Contract )Tj 0.025 Tw 0 -1.333 Td (IV shall be the same as those set out in Maintenance Work Contract I:)Tj 0 -2.667 Td [(\225 )-1687.2 (The party is changed from the Company to Ningxuanhang Company;)]TJ 0.052 Tc 0.237 Tw 0 -2.667 Td [(\225)27 ( )-1448.2 (Ningxuanhang)12.7 ( Company)12.7 ( shall)12.7 ( engage)12.7 ( the)12.7 ( Consortium)12.7 ( to)12.8 ( provide)12.7 ( pavement)27 ( )]TJ 0.025 Tc 0.171 Tw 2.362 -1.333 Td (maintenance work services for the road sections administered by Ningxuan\ hang )Tj -0.025 Tw 0 -1.333 Td (Company;)Tj 0.145 Tw -2.362 -2.667 Td [(\225 )-1567.2 (The fees under the Maintenance Work Contract IV shall be RMB14,069,877.1\ 1, )]TJ 0.066 Tw 2.362 -1.333 Td (including RMB1,199,223.90 for services related to testing and assessment\ of road )Tj 0.025 Tw 0 -1.333 Td (surface and RMB12,870,653.21 for maintenance work.)Tj ET endstream endobj 48 0 obj <>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 0.025 Tw 12 0 0 12 284.7378 18.7492 Tm (\226 3 \226)Tj /T1_1 1 Tf -16.642 62.978 Td (Contract Term)Tj /T1_0 1 Tf 0.037 Tw 0 -2.667 Td (The construction period under the Maintenance Work Contract I shall be 1\ 3 months and )Tj 0.156 Tw 0 -1.333 Td (the commencement time shall be subject to the order issued by the Compan\ y \(or the )Tj 0.025 Tw 0 -1.333 Td (supervision engineer\).)Tj /T1_1 1 Tf -0.025 Tw 0 -3 Td (Fees)Tj /T1_0 1 Tf 0.044 Tc 0.238 Tw 0 -2.667 Td [(The)12.4 ( fees)12.3 ( under)12.4 ( the)12.4 ( Maintenance)12.4 ( Work)12.4 ( Contract)12.4 ( I)12.4 ( shall)12.4 ( be)12.4 ( RMB)12.4 (6)12.4 (6)12.3 (,)12.4 (0)12.4 (5)12.3 (4)12.4 (,)12.4 (2)12.4 (0)12.3 (9)12.4 (.)12.4 (4)12.4 (7)12.3 ( in)19 ( )]TJ 0.025 Tc 0.234 Tw 0 -1.333 Td (total, including RMB655,200.00 for maintenance plan design, RMB3,813,287\ .40 for )Tj 0.149 Tw 0 -1.333 Td (services related to testing and assessment of road surface and RMB61,585\ ,722.07 for )Tj 0.025 Tw 0 -1.333 Td (maintenance work.)Tj /T1_1 1 Tf 0 -3 Td (Basis for Fees and Payment Terms)Tj /T1_0 1 Tf 0.108 Tw 0 -2.667 Td (The contract fee is the successful bid price submitted by the Consortium\ in the tender )Tj 0.037 Tw 0 -1.333 Td (for the provision of services under the Maintenance Work Contract I. To \ ensure that the )Tj 0.107 Tw 0 -1.333 Td (price is in line with normal commercial terms, the Maintenance Work Cont\ ract I shall )Tj 0.176 Tw 0 -1.333 Td (be awarded to a service provider selected by way of open tender. At leas\ t 3 service )Tj 0.241 Tw 0 -1.333 Td (providers have participated in the tender and the tender process has com\ plied with )Tj 0.17 Tw 0 -1.333 Td (the relevant local regulations. 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transactions.)Tj 0.03 Tc 0.245 Tw 0 -2.667 Td [(As)5 ( the)5.1 ( continuing)5 ( connected)5 ( transactions)5 ( under)5 ( the)5 ( Maintenance)5 ( Work)5 ( Contracts)5 ( are)5 ( )]TJ 0.047 Tc 0.238 Tw 0 -1.333 Td [(conducted)12.5 ( with)12.5 ( the)12.5 ( )0.5 (same)12.4 ( )0.5 (connected)12.5 ( )0.5 (persons)12.4 ( )0.5 (\(i.e.)12.5 ( the)12.5 ( )0.5 (Consortium\),)12.5 ( pursuant)12.5 ( )0.5 (to)12.5 ( )0.5 (the)22 ( )]TJ 0.025 Tc 0.202 Tw 0 -1.333 Td (requirements under Rule 14A.83 of the Listing Rules, the above continuin\ g connected )Tj 0.025 Tw 0 -1.333 Td (transactions may be aggregated and regarded as a single transaction.)Tj 0.05 Tc 0.238 Tw 0 -2.667 Td [(As)12.3 ( the)12.3 ( highest)12.3 ( applicable)12.3 ( percentage)12.2 ( ratio)12.3 ( in)12.2 ( respect)12.3 ( of)12.2 ( the)12.2 ( continuing)12.2 ( connected)25 ( )]TJ 0.025 Tc 0.177 Tw 0 -1.333 Td (transactions under the Maintenance Work Contracts on an annual and aggre\ gated basis )Tj 0.037 Tc 0.238 Tw 0 -1.333 Td [(is)12.1 ( more)12 ( than)12 ( 0)12 (.)12 (1)12 (%)12 ( but)12 ( less)12 ( than)12 ( 5)12 (%,)12 ( and)12 ( the)12 ( transactions)12 ( are)12 ( conducted)12 ( on)12 ( normal)12 ( )]TJ 0.025 Tc 0.154 Tw 0 -1.333 Td (commercial terms, they are exempted from the requirement of approval by \ independent )Tj 0.082 Tw 0 -1.333 Td (shareholders of the Company, but shall be subject to the announcement, a\ nnual reporting )Tj 0.025 Tw 0 -1.333 Td (and annual review requirements under Chapter 14A of the Listing Rules.)Tj /T1_1 1 Tf 14 0 0 14 56.6929 401.5717 Tm [(\(1\) )-483.8 (MAINTENANCE WORK CONTRACT I)]TJ -0.025 Tw 12 0 0 12 85.0393 365.5717 Tm (Date)Tj /T1_0 1 Tf 0.025 Tw 0 -2.667 Td (8 June 2023)Tj /T1_1 1 Tf -0.025 Tw 0 -3 Td (Parties)Tj /T1_0 1 Tf 0.025 Tw 0 -2.667 Td [(\(1\) )-821.2 (The Company \(as service user\); and)]TJ 0.134 Tw 0 -2.667 Td [(\(2\) )-712.2 (The Consortium formed by Design Institute \(leader of the Consortium\), \ ATEGC )]TJ 0.214 Tw 2.362 -1.333 Td (and ATRMC \(as service providers\), all of which are connected persons o\ f the )Tj 0.025 Tw 0 -1.333 Td (Company under the Listing Rules.)Tj /T1_1 1 Tf -2.362 -3 Td (Contract Matters)Tj /T1_0 1 Tf 0.141 Tw 0 -2.667 Td [(Pursuant to Maintenance Work Contract I, the Company shall engage )0.5 (the Consortium )]TJ 0.039 Tc 0.237 Tw 0 -1.333 Td [(to)12.6 ( provide)12.6 ( integrated)12.7 ( pavement)12.7 ( maintenance)12.6 ( and)12.6 ( routine)12.8 ( maintenance)12.7 ( services)12.7 ( for)14 ( )]TJ 0.043 Tc 0.238 Tw 0 -1.333 Td [(the)12.3 ( road)12.3 ( sections)12.3 ( administered)12.2 ( by)12.3 ( the)12.3 ( Company,)12.3 ( which)12.2 ( mainly)12.2 ( include)12.3 ( pavement)18 ( )]TJ 0.025 Tc 0.025 Tw 0 -1.333 Td [(m)0.5 (a)0.6 (i)0.5 (n)0.5 (t)0.5 (e)0.5 (n)0.5 (a)0.6 (n)0.5 (c)0.5 (e)0.5 ( )0.5 (d)0.6 (e)0.5 (s)0.5 (i)0.5 (g)0.5 (n)0.6 (,)0.5 ( )0.5 (t)0.5 (e)0.5 (c)0.6 (h)0.5 (n)0.5 (i)0.5 (c)0.5 (a)0.6 (l)0.5 ( )0.5 (s)0.5 (e)0.5 (r)0.6 (v)0.5 (i)0.5 (c)0.5 (e)0.5 (s)0.6 (,)0.5 ( )0.5 (p)0.5 (a)0.5 (v)0.6 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take)12.6 ( no)18 ( )]TJ 0.025 Tc 0.067 Tw 0.375 -1.4 Td (responsibility for the contents of this announcement, make no representa\ tion as to its accuracy or completeness )Tj 0.166 Tw 0.375 -1.4 Td (and expressly disclaim any liability whatsoever for any loss howsoever a\ rising from or in reliance upon the )Tj 0.025 Tw 0.478 -1.4 Td (whole or any part of the contents of this announcement.)Tj ET /PlacedGraphic /MC0 BDC EMC /GS1 gs q 1 0 0 1 290.4732 718.5069 cm 0 0 m -24.077 -44.066 l -11.833 -44.066 l 0 -22.033 l -8.869 -44.066 l -6.831 -44.066 l 2.036 -22.033 l -3.866 -44.066 l -1.829 -44.066 l 4.074 -21.962 l 1.136 -44.066 l 3.174 -44.066 l 6.145 -22.033 l 6.14 -44.066 l 8.176 -44.066 l 8.183 -21.962 l 11.141 -44.066 l 13.177 -44.066 l 10.187 -22.033 l 16.144 -44.066 l 18.182 -44.066 l 12.258 -22.033 l 21.145 -44.066 l 23.182 -44.066 l 14.261 -22.033 l 26.147 -44.066 l 38.406 -44.066 l 14.261 0 l h f Q BT /CS0 cs 1 scn /GS0 gs /C0_0 1 Tf 0.024 Tc -0.024 Tw 17.6579 0 0 17.6579 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Q q 1 0 0 1 56.9429 373.5278 cm 0 0 m 0 48 l S Q q 1 0 0 1 56.9429 357.5278 cm 0 0 m 0 16 l S Q q 1 0 0 1 56.9429 309.5278 cm 0 0 m 0 48 l S Q q 1 0 0 1 56.9429 293.5278 cm 0 0 m 0 16 l S Q q 1 0 0 1 56.9429 245.5278 cm 0 0 m 0 48 l S Q q 1 0 0 1 56.9429 229.5278 cm 0 0 m 0 16 l S Q q 1 0 0 1 56.9429 181.5278 cm 0 0 m 0 48 l S Q q 1 0 0 1 56.9429 165.5278 cm 0 0 m 0 16 l S Q q 1 0 0 1 56.9429 117.5278 cm 0 0 m 0 48 l S Q q 1 0 0 1 56.9429 109.2739 cm 0 0 m 0 8.254 l S Q q 1 0 0 1 56.6929 109.0239 cm 0 0 m 482.39 0 l S Q BT /GS0 gs /T1_0 1 Tf 0.233 Tw 12 0 0 12 65.4468 487.0518 Tm [(The )0.5 (Board )0.5 (announces )0.5 (that )0.5 (on )0.5 (8 )0.5 (June )0.6 (2023, )0.5 (the )0.5 (Company )0.5 (and )0.5 (its )0.5 (subsidiaries )0.5 (entered )]TJ 0.189 Tw 0 -1.333 Td (into the following General Contracting Contracts for Integrated Pavement\ Maintenance )Tj 0.212 Tw 0 -1.333 Td (and Routine Expressway Maintenance \(the \223)Tj /T1_3 1 Tf (Maintenance Work Contracts)Tj /T1_0 1 Tf (\224\) with the )Tj 0.025 Tw 0 -1.333 Td (Consortium formed by Design Institute, ATEGC and ATRMC:)Tj 0.023 Tc 0 -2.667 Td [(\225)-2 ( )-1689.2 (Pursuant to Maintenance Work Contract I, the Company shall engage the Co\ nsortium)-2 ( )]TJ 0.025 Tc 0.13 Tw 2.362 -1.333 Td (to provide pavement maintenance work services for the road sections admi\ nistered )Tj 0.025 Tw 0 -1.333 Td (by the Company;)Tj 0.148 Tw -2.362 -2.667 Td [(\225 )-1564.2 (Pursuant to Maintenance Work Contract II, Xuanguang Company shall engage\ the )]TJ 0.179 Tw 2.362 -1.333 Td (Consortium to provide pavement maintenance work services for the road se\ ctions )Tj 0.025 Tw 0 -1.333 Td (administered by Xuanguang Company;)Tj 0.24 Tw -2.362 -2.667 Td [(\225 )-1472.2 (Pursuant to )0.5 (Maintenance )0.5 (Work )0.5 (Contract )0.5 (III, )0.5 (Guangci )0.5 (Company )0.5 (shall )0.5 (engage the )]TJ 0.179 Tw 2.362 -1.333 Td (Consortium to provide pavement maintenance work services for the road se\ ctions )Tj 0.025 Tw 0 -1.333 Td 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