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Zy"$FNs,ΰFMl/˓`]T;8dӃA6J_Fibz^KT%RW`"hMGTpV5YNb?\Yvc^/qgy<>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 7 \226)Tj 0.045 Tc 0.237 Tw -19.004 62.978 Td [(D)0.5 (e)0.6 (s)0.5 (i)0.5 (g)0.5 (n)13 ( I)0.5 (n)0.6 (s)0.5 (t)0.5 (i)0.5 (t)0.5 (u)0.5 (t)0.5 (e)13.1 ( i)0.5 (s)13 ( p)0.5 (r)0.6 (i)0.5 (n)0.5 (c)0.5 (i)0.5 (p)0.5 (a)0.6 (l)0.5 (l)0.5 (y)13 ( e)0.5 (n)0.6 (g)0.5 (a)0.5 (g)0.5 (e)0.5 (d)13.1 ( i)0.5 (n)13 ( i)0.5 (n)0.5 (v)0.5 (e)0.6 (s)0.5 (t)0.5 (m)0.5 (e)0.5 (n)0.6 (t)13 ( i)0.5 (n)0.5 (,)13 ( p)0.5 (l)0.6 (a)0.5 (n)0.5 (n)0.5 (i)0.5 (n)0.5 (g)0.5 (,)13.1 ( c)0.5 (o)0.5 (n)0.5 (s)0.5 (u)0.6 (l)0.5 (t)0.5 (i)0.5 (n)0.5 (g)0.5 (,)13 ( p)0.5 (r)0.5 (o)0.5 (j)0.5 (e)0.5 (c)0.6 (t)20 ( )]TJ 0.025 Tc 0.197 Tw 0 -1.333 Td (management, survey, design, supervision, testing, construction, operatio\ n and maintenance )Tj 0.05 Tw 0 -1.333 Td (of, technology, equipment and building materials development for, agent,\ general contracting )Tj 0.025 Tw 0 -1.333 Td (and external contracting of the transportation and urban and rural infra\ structure \(such as road, )Tj 0.023 Tc 0 -1.333 Td [(bridge, tunnel, port, channel, rail, transportation engineering, geotech\ nical, landscaping, water)-2 ( )]TJ 0.025 Tc 0.161 Tw 0 -1.333 Td (supply and drainage, architecture, structures, etc.\), 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 and other proj\ ects.)Tj 0.163 Tw 0 -2.667 Td (AJCG is principally engaged in general contracting of housing constructi\ on and municipal )Tj 0.03 Tc 0.245 Tw 0 -1.333 Td [(infrastructure)5.1 ( project,)5 ( various)5 ( kinds)5.1 ( of)5 ( works)5 ( construction)5 ( activities,)5 ( intelligent)5 ( building)5 ( )]TJ 0.025 Tc 0.062 Tw 0 -1.333 Td (construction works, fire service facilities construction works, construc\ tion works design, real )Tj 0.025 Tw 0 -1.333 Td (estate development and operation and others.)Tj /T1_1 1 Tf -0.025 Tw 0 -3 Td (Definitions)Tj /T1_0 1 Tf 0.118 Tw 0 -2.667 Td (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 Holding )]TJ -0.025 Tw 0.992 -1.333 Td (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 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ourse of business )Tj 0.025 Tw 0 -1.333 Td (of the Company and in the interests of the Company and its shareholders \ as a whole.)Tj /T1_1 1 Tf -0.025 Tw 14 0 0 14 56.6929 658.4808 Tm (IMPLICATIONS)Tj 0.025 Tw ( UNDER THE LISTING RULES)Tj /T1_0 1 Tf 0.087 Tw 12 0 0 12 56.6929 626.4808 Tm (Anhui Transportation Holding Group is currently holding approximately 31\ .63% of the total )Tj 0.198 Tw 0 -1.333 Td (issued shares of the Company, and is the controlling shareholder and a c\ onnected person )Tj 0.153 Tw 0 -1.333 Td (of the Company as defined under the Listing Rules. As Design Institute i\ s a subsidiary of )Tj 0.028 Tc 0.247 Tw 0 -1.333 Td [(Anhui)3 ( Transportation)3 ( Holding)3 ( Group)3 ( and)3 ( AJCG)3 ( is)3.1 ( a)3 ( wholly-owned)3 ( subsidiary)3 ( of)3 ( Anhui)3 ( )]TJ 0.025 Tc 0.069 Tw 0 -1.333 Td (Transportation Holding Group, under Chapter 14A of the Listing Rules, De\ sign Institute and )Tj 0.024 Tc 0.025 Tw 0 -1.333 Td [(AJCG are associates of Anhui Transportation Holding Group and are theref\ ore also connected)-1 ( )]TJ 0.043 Tc 0.238 Tw 0 -1.333 Td [(persons)12.5 ( )0.6 (of)12.5 ( )0.5 (the)12.6 ( )0.5 (Company.)12.5 ( )0.5 (Accordingly,)12.5 ( )0.6 (the)12.5 ( )0.5 (transactions)12.6 ( )0.5 (under)12.5 ( )0.5 (the)12.6 ( )0.5 (General)12.5 ( )0.5 (Contracting)18 ( )]TJ 0.025 Tc 0.025 Tw 0 -1.333 Td (Agreements constitute )Tj -0.025 Tw (continuing )Tj 0.025 Tw 14.649 0 Td (connected transactions of the Company.)Tj 0.028 Tc 0.247 Tw -14.649 -2.667 Td [(As)3.1 ( the)3 ( )]TJ -0.028 Tw [(continuing)3 ( )]TJ 0.247 Tw 8.594 0 Td [(connected)3 ( transactions)3 ( under)3 ( the)3 ( General)3 ( Contracting)3 ( Agreements)3 ( are)3 ( )]TJ 0.031 Tc 0.244 Tw -8.594 -1.333 Td [(c)0.5 (o)0.6 (n)0.5 (d)0.5 (u)0.6 (c)0.5 (t)0.6 (e)0.5 (d)6 ( w)0.6 (i)0.5 (t)0.5 (h)6 ( t)0.6 (h)0.5 (e)6 ( s)0.6 (a)0.5 (m)0.6 (e)6 ( c)0.5 (o)0.6 (n)0.5 (n)0.5 (e)0.6 (c)0.5 (t)0.6 (e)0.5 (d)6 ( p)0.5 (e)0.6 (r)0.5 (s)0.6 (o)0.5 (n)0.5 (s)6 ( \()0.5 (i)0.5 (.)0.6 (e)0.5 (.)6 ( t)0.6 (h)0.5 (e)6 ( C)0.6 (o)0.5 (n)0.5 (s)0.6 (o)0.5 (r)0.5 (t)0.6 (i)0.5 (u)0.5 (m)0.6 (\))0.5 (,)6 ( t)0.6 (h)0.5 (e)0.5 (r)0.6 (e)0.5 (f)0.6 (o)0.5 (r)0.5 (e)6 ( p)0.5 (u)0.5 (r)0.6 (s)0.5 (u)0.5 (a)0.6 (n)0.5 (t)6 ( t)0.5 (o)6.1 ( )]TJ 0.025 Tc 0.172 Tw 0 -1.333 Td (the requirements under Rule 14A.83 of the Listing Rules, the above )Tj -0.025 Tw (continuing )Tj 35.904 0 Td (connected )Tj 0.025 Tw -35.904 -1.333 Td (transactions may be aggregated and regarded as a single transaction.)Tj 0.042 Tc 0.238 Tw 0 -2.667 Td [(As)12.1 ( the)12.1 ( highest)12.1 ( applicable)12.1 ( percentage)12.1 ( ratio)12 ( in)12 ( respect)12.1 ( of)12 ( the)12.1 ( transactions)12.1 ( contemplated)17 ( )]TJ 0.025 Tc 0.127 Tw 0 -1.333 Td (under the General Contracting Agreements on an )Tj (annual and )Tj (aggregated basis is more than )Tj 0.221 Tw 0 -1.333 Td (0.1% but less than 5%, )Tj -0.025 Tw (and )Tj 0.221 Tw 13.11 0 Td (the transactions contemplated under the General Contracting )Tj 0.048 Tc 0.238 Tw -13.11 -1.333 Td [(Agreements)12.5 ( are)12.5 ( )]TJ [(conducted)12.5 ( )0.5 (on)12.5 ( )0.5 (normal)12.5 ( )0.5 (commercial)12.5 ( )0.5 (terms,)12.5 ( )0.5 (they)12.5 ( are)12.5 ( )]TJ 31.385 0 Td [(exempted)12.5 ( )0.5 (from)12.4 ( )0.5 (the)23 ( )]TJ 0.025 Tc 0.049 Tw -31.385 -1.333 Td (requirement of approval by independent shareholders of the Company, but \ shall be subject to )Tj 0.145 Tw 0 -1.333 Td (the announcement)Tj 0 Tc 0 Tw (,)Tj 0.025 Tc 0.145 Tw 8.124 0 Td ( annual reporting )Tj (and annual review )Tj (requirements under Chapter 14A of )Tj 0.025 Tw -8.124 -1.333 Td (the Listing Rules.)Tj /T1_1 1 Tf 0.045 Tc 0.238 Tw 14 0 0 14 56.6929 270.4809 Tm [(INFORMATION)12.1 ( ON)12.1 ( THE)12.1 ( PARTIES)12.1 ( TO)12 ( GENERAL)12.1 ( CONTRACTING)20 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.429 Td (AGREEMENTS)Tj /T1_0 1 Tf 0.033 Tc 0.242 Tw 12 0 0 12 56.6929 218.4808 Tm [(Th)0.5 (e)8 ( C)0.5 (ompa)0.5 (ny)8 ( i)0.5 (s)8 ( pr)0.5 (inc)0.5 (ip)0.5 (all)0.5 (y)8 ( en)0.5 (gag)0.5 (ed)8 ( i)0.5 (n)8 ( th)0.5 (e)8 ( hol)0.5 (din)0.5 (g,)8 ( op)0.5 (er)0.5 (at)0.5 (ion)8 ( a)0.5 (nd)8 ( d)0.5 (eve)0.5 (lo)0.5 (pme)0.5 (nt)8 ( o)0.5 (f)8 ( tol)0.5 (l)8 ( )]TJ 0.025 Tc 0.025 Tw 0 -1.333 Td (expressways and highways within Anhui Province.)Tj 0.115 Tw 0 -2.667 Td (Ningxuanhang Company is mainly engaged in )Tj -0.025 Tw (the)Tj 0.115 Tw ( construction, toll collection, maintenance )Tj 0.025 Tw 0 -1.333 Td (and management of high-grade highways and supporting advertising )Tj -0.025 Tw (services)Tj 0 Tc 0 Tw (.)Tj ET endstream endobj 28 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 5 \226)Tj 0.026 Tc 0.249 Tw -16.642 62.978 Td [(The)1 ( above)1 ( Annual)1 ( Caps)1.1 ( are)1 ( determined)1 ( with)1 ( reference)1 ( to)1 ( factors)1 ( including)1 ( \()1 (1)1 (\))1.1 ( the)1 ( )]TJ 0.025 Tc 0.197 Tw 0 -1.333 Td (expected workload; \(2\) the total contractual amount under each contrac\ t and \(3\) the )Tj 0.023 Tc 0.025 Tw 0 -1.333 Td [(expected payment schedule. Based on the current estimates, certain works\ under General)-2 ( )]TJ 0.025 Tc 0.076 Tw 0 -1.333 Td (Contracting Agreement II with an amount not exceeding approximately RMB3\ ,231,443 )Tj 0.032 Tc 0.243 Tw 0 -1.333 Td [(may)7 ( be)7 ( conducted)7 ( in)7 ( either)7 ( 2)7 (0)7 (2)7 (3)7 ( or)7 ( 2)7 (0)7 (2)7 (4)7 (.)7 ( In)7 ( order)7 ( to)7 ( accommodate)7 ( the)7 ( aforesaid)7 ( )]TJ 0.025 Tc 0.206 Tw 0 -1.333 Td (uncertainty, the fees for such works have been included in both the Annu\ al Cap of )Tj 0.113 Tw 0 -1.333 Td (General Contracting Agreement II for the year ending 31 December 2023 an\ d that for )Tj 0.214 Tw 0 -1.333 Td (the year ending 31 December 2024. As a result, the total Annual Caps for\ General )Tj 0.227 Tw 0 -1.333 Td (Contracting Agreement II exceed its total contractual amount. For the av\ oidance of )Tj 0.153 Tw 0 -1.333 Td (doubt, the Company confirms that the total amount for the transaction un\ der General )Tj 0.046 Tw 0 -1.333 Td [(Contracting )0.5 (Agreement )0.5 (II )0.5 (in )0.5 (2023 )0.5 (and )0.5 (2024 )0.5 (will )0.5 (not )0.5 (exceed )0.5 (its )0.5 (total )0.5 (contractual )0.5 (amount )]TJ 0.025 Tw 0 -1.333 Td (\(i.e. RMB10,342,784.94\).)Tj /T1_1 1 Tf -0.025 Tw 14 0 0 14 56.6929 562.4808 Tm (REASONS)Tj 0.025 Tw ( FOR AND BENEFITS OF THE TRANSACTIONS)Tj /T1_0 1 Tf 0.047 Tc -0.047 Tw 12 0 0 12 56.6929 530.4808 Tm [(The)12.8 ( )]TJ 2.217 0 Td [(continuing)12.8 ( )]TJ 0.237 Tw 5.266 0 Td [(connected)12.8 ( transactions)12.8 ( under)12.8 ( the)12.9 ( General)12.8 ( Contracting)12.8 ( Agreements)12.8 ( are)22.1 ( )]TJ 0.025 Tc 0.17 Tw -7.483 -1.333 Td (necessary for the normal production and operation of the Group. The Gene\ ral Contracting )Tj 0.04 Tw 0 -1.333 Td (Agreements have been entered into through open tenders, which was won by\ the Consortium. )Tj 0.23 Tw 0 -1.333 Td (Design Institute has class-A integrated qualification for construction w\ orks design, while )Tj 0.119 Tw 0 -1.333 Td (AJCG possesses four first-grade qualifications for the areas including h\ ousing construction, )Tj 0.063 Tc 0.237 Tw 0 -1.333 Td [(mu)0.5 (n)0.5 (ic)0.5 (ip)0.5 (al)13 ( p)0.5 (ub)0.5 (li)0.5 (c)13 ( w)0.5 (or)0.5 (ks)0.5 (,)12.9 ( bu)0.5 (il)0.5 (di)0.5 (ng)13 ( r)0.5 (e)0.5 (nov)0.5 (a)0.5 (ti)0.5 (on)13 ( a)0.5 (nd)13 ( d)0.5 (ec)0.5 (o)0.5 (ra)0.5 (ti)0.5 (on)13 ( w)0.5 (or)0.5 (k)0.5 (s,)13 ( a)0.5 (nd)13 ( f)0.5 (ou)0.5 (nd)0.5 (at)0.5 (i)0.5 (on)38 ( )]TJ 0.056 Tc 0 -1.333 Td [(construction.)12.6 ( During)12.6 ( the)12.6 ( bidding)12.6 ( process,)12.6 ( the)12.6 ( Company/Ningxuanhang)12.6 ( Company)12.6 ( has)31 ( )]TJ 0.025 Tc 0.224 Tw 0 -1.333 Td (considered the aforementioned factors in this announcement and the quali\ fications of the )Tj 0.026 Tw 0 -1.333 Td (Consortium, and has decided to accept the tenders of the Consortium and \ engage it to provide )Tj 0.025 Tw 0 -1.333 Td (the abovementioned maintenance work services.)Tj /T1_1 1 Tf 14 0 0 14 56.6929 350.4808 Tm (CONFIRMATION OF THE BOARD)Tj /T1_0 1 Tf 0.165 Tw 12 0 0 12 56.6929 318.4808 Tm (At the 29th meeting of the ninth session of the Board of the Company hel\ d on 30 March )Tj 0.038 Tc 0.237 Tw 0 -1.333 Td [(2)12.8 (0)12.8 (2)12.8 (3)12.8 (,)12.8 ( the)12.8 ( Resolution)12.8 ( in)12.8 ( )]TJ -0.038 Tw (relation)Tj 0.237 Tw 14.683 0 Td [( to)12.8 ( the)12.8 ( Estimated)12.8 ( Daily)12.8 ( Related)12.8 ( Party)12.8 ( Transactions)12.8 ( for)13 ( )]TJ 0.025 Tc 0.216 Tw -14.683 -1.333 Td [(2023 relating )0.5 (to \(among )0.5 (others\) the )0.5 (General )0.5 (Contracting Agreements )0.5 (was )0.5 (considered and )]TJ 0.024 Tc 0.025 Tw 0 -1.333 Td [(approved. Xiang Xiaolong, Yang Xiaoguang, Tao Wensheng and Chen Jiping, \ directors of the)-1 ( )]TJ 0.025 Tc 0.115 Tw 0 -1.333 Td (Company, are directors or senior management of Anhui Transportation Hold\ ing Group and/)Tj 0.085 Tw 0 -1.333 Td (or directors nominated by Anhui Transportation Holding Group. Therefore,\ Xiang Xiaolong, )Tj 0.208 Tw 0 -1.333 Td (Yang Xiaoguang, Tao Wensheng and Chen Jiping are considered to have inte\ rests in the )Tj 0.028 Tc 0.247 Tw 0 -1.333 Td [(transactions)3 ( under)3 ( the)3 ( General)3 ( Contracting)3 ( Agreements,)3 ( and)3 ( have)3 ( abstained)3 ( from)3 ( voting)2.9 ( )]TJ 0.025 Tc 0.209 Tw 0 -1.333 Td [(on the )0.5 (resolution on )0.5 (the )]TJ -0.025 Tw 11.362 0 Td (continuing )Tj 0.209 Tw 5.012 0 Td [(connected )0.5 (transactions under )0.5 (the General Contracting )]TJ 0.03 Tw -16.373 -1.333 Td (Agreements under the Listing Rules. Save as aforesaid, none of the direc\ tors has any material )Tj 0.201 Tw 0 -1.333 Td (interests in the transactions under the General Contracting Agreements a\ nd is required to )Tj 0.025 Tw 0 -1.333 Td (abstain from voting on the relevant Board resolution.)Tj ET endstream endobj 27 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 (GENERAL CONTRACTING AGREEMENT II)]TJ /T1_0 1 Tf 0.044 Tc 0.238 Tw 12 0 0 12 85.0394 740.6948 Tm [(Except)12.4 ( for)12.4 ( the)12.3 ( following)12.4 ( amendments,)12.3 ( other)12.4 ( major)12.4 ( terms)12.3 ( of)12.4 ( General)12.4 ( Contracting)19 ( )]TJ 0.025 Tc 0.025 Tw 0 -1.333 Td (Agreement II shall be the same as those set out in General Contracting A\ greement I:)Tj -0.025 Tw 0 -2.667 Td (\225 )Tj 0.025 Tw 2.362 0 Td (The party shall change)Tj ( from the Company to Ningxuanhang Company;)Tj 0.041 Tc 0.238 Tw -2.362 -2.667 Td [(\225)16 ( )-1458.2 (Ningxuanhang)12.6 ( )0.5 (Company)12.6 ( )0.5 (shall)12.6 ( )0.5 (engage)12.6 ( )0.5 (the)12.5 ( )0.5 (Consortium)12.5 ( )0.5 (to)12.5 ( )0.5 (provide)12.5 ( )0.6 (design)12.5 ( )0.5 (and)16 ( )]TJ 0.025 Tc 0.06 Tw 2.362 -1.333 Td (construction general contracting services for itself, )Tj 22.23 0 Td (including special maintenance, )Tj 0.068 Tc 0.238 Tw -22.23 -1.333 Td [(new)12.5 ( )0.5 (construction,)12.5 ( )0.5 (renovation)12.5 ( )0.5 (and)12.5 ( )0.5 (expansion)12.5 ( )0.5 (of)12.5 ( )0.5 (buildings,)12.5 ( )0.5 (upgrading)12.5 ( )0.5 (and)43 ( )]TJ 0.025 Tc 0.207 Tw 0 -1.333 Td (renovation of dormitories and canteens at the parks and toll stations al\ ong the )Tj 0.186 Tw 0 -1.333 Td (expressways under the management by Ningxuanhang Company, as well as the\ )Tj 0.025 Tw 0 -1.333 Td (upgrading of supporting facilities at such parks and toll stations;)Tj 0.048 Tw -2.362 -2.667 Td [(\225 )-1664.2 (Pursuant to General Contracting Agreement II, the total fee tentatively \ charged by )]TJ 0.176 Tw 2.362 -1.333 Td (the Consortium to Ningxuanhang Company shall be RMB10,342,784.94, among \ )Tj 0.216 Tw 0 -1.333 Td (which, the design fee shall be RMB319,200, and the construction fee shal\ l be )Tj 0.025 Tw 0 -1.333 Td (RMB10,023,584.94 \(including a provisional amount of RMB30,000\).)Tj /T1_1 1 Tf -2.362 -3 Td (Annual Caps)Tj /T1_0 1 Tf 0.03 Tc 0.245 Tw 0 -2.667 Td [(For)5 ( the)5 ( financial)5 ( years)5 ( ending)5 ( 3)5 (1)5 ( December)5.1 ( 2)5 (0)5 (2)5 (3)5 ( and)5 ( 2)5 (0)5 (2)5 (4)5 (,)5 ( the)5 ( maximum)5 ( annual)5 ( )]TJ 0.025 Tc 0.222 Tw 0 -1.333 Td (total amounts \(i.e. Annual Caps\) for the transactions under the Genera\ l Contracting )Tj 0.025 Tw 0 -1.333 Td (Agreements are as follows:)Tj /T1_1 1 Tf 22.016 -2.667 Td (Annual Caps for )Tj 0.501 -1.333 Td (the year ending )Tj 1.155 -1.333 Td (31 December )Tj -0.025 Tw 3.781 -1.333 Td (2023)Tj 0.025 Tw 2.831 4 Td (Annual Caps for )Tj 0.501 -1.333 Td (the year ending )Tj 1.155 -1.333 Td (31 December )Tj -0.025 Tw 3.781 -1.333 Td (2024)Tj /T1_0 1 Tf 12 0 3.2154 12 402.2711 304.6948 Tm (\(RMB\))Tj 8.268 0 Td (\(RMB\))Tj 0.025 Tw 12 0 0 12 85.0393 272.6948 Tm (General Contracting Agreement I)Tj -0.025 Tw 24.003 0 Td (7,686,798.98)Tj 8.268 0 Td (1,921,699.75)Tj 0.025 Tw -32.27 -1.333 Td (General Contracting Agreement II)Tj -0.025 Tw 24.003 0 Td (8,274,227.95)Tj 8.268 0 Td (5,300,000.00)Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 351.496 252.4118 cm 0 0 m 87.874 0 l S Q BT 0 Tc 0 Tw 12 0 0 12 345.8268 253.6858 Tm ( )Tj ET q 1 0 0 1 450.7086 252.4118 cm 0 0 m 87.874 0 l S Q BT 12 0 0 12 445.0393 253.6858 Tm ( )Tj 0.025 Tc -0.025 Tw -30 -2.667 Td (Total)Tj 23.478 0 Td (15,961,026.93)Tj 8.793 0 Td (7,221,699.75)Tj ET 2.5 w q 1 0 0 1 351.4961 216.2482 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.4961 212.9157 cm 0 0 m 87.874 0 l S Q BT 0 Tc 0 Tw 12 0 0 12 345.8268 214.0222 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7086 216.2482 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7086 212.9157 cm 0 0 m 87.874 0 l S Q BT 12 0 0 12 445.0393 214.0222 Tm ( )Tj 0.104 Tc 0.237 Tw -30 -2.54 Td [(The)12.7 ( total)12.7 ( amounts)12.7 ( of)12.8 ( the)12.8 ( aforesaid)12.7 ( Annual)12.8 ( Caps)12.7 ( for)12.7 ( 2)12.7 (0)12.8 (2)12.7 (3)12.7 ( and)12.7 ( 2)12.7 (0)12.8 (2)12.7 (4)12.7 ( are)79 ( )]TJ 0.025 Tc 0.025 Tw 0 -1.333 Td (RMB15,961,026.93 and RMB7,221,699.75, respectively.)Tj ET endstream endobj 26 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 -0.025 Tw -16.642 62.978 Td (Fees)Tj /T1_0 1 Tf 0.1 Tw 0 -2.667 Td (Pursuant to General Contracting Agreement I, the total fee charged by th\ e Consortium )Tj 0.029 Tc 0.246 Tw 0 -1.333 Td [(to)4 ( the)4 ( Company)4 ( shall)4 ( be)4 ( RMB)4.1 (9)4 (,)4 (6)4 (0)4 (8)4 (,)4 (4)4 (9)4 (8)4 (.)4 (7)4 (3)4.1 (,)4 ( among)4 ( which,)3.9 ( the)4 ( design)4 ( fee)4 ( shall)4 ( be)4 ( )]TJ 0.041 Tc 0.238 Tw 0 -1.333 Td [(RMB)12.1 (2)12.2 (9)12.1 (9)12.2 (,)12.1 (4)12.2 (9)12.1 (0)12.2 (.)12.1 (0)12.2 (0)12.1 (,)12.2 ( and)12.2 ( the)12.2 ( construction)12.2 ( fee)12.2 ( shall)12.1 ( be)12.2 ( RMB)12.2 (9)12.1 (,)12.2 (3)12.1 (0)12.2 (9)12.1 (,)12.2 (0)12.1 (0)12.1 (8)12.2 (.)12.1 (7)12.2 (3)12.1 ( \(including)12.1 ( a)16 ( )]TJ 0.025 Tc 0.184 Tw 0 -1.333 Td (provisional amount of RMB100,000, which is reserved for construction fee\ s that are )Tj 0.187 Tw 0 -1.333 Td (unforeseen in advance or cannot be estimated accurately. Such amount may\ be used )Tj 0.235 Tw 0 -1.333 Td (partially or fully, or may not be used at all, subject to the Company\222\ s review and )Tj -0.025 Tw 0 -1.333 Td (approval\).)Tj /T1_1 1 Tf 0.025 Tw 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 0.074 Tw 0 -1.333 Td (for the provision of service under the General Contracting )Tj [(Agreement )0.5 (I)]TJ [(. )0.5 (To )0.5 (ensure that )]TJ 0.044 Tw 0 -1.333 Td [(the )0.5 (price )0.5 (is in )0.5 (line )0.5 (with )0.5 (normal )0.5 (commercial )0.5 (terms, )0.5 (the )0.5 (General )0.5 (Contracting )]TJ 0 Tc 0 Tw 32.476 0 Td (A)Tj 0.025 Tc 0.044 Tw 0.747 0 Td [(greement )0.5 (I)]TJ 0 Tc 0 Tw ( )Tj 0.025 Tc 0.243 Tw -33.223 -1.333 Td [(shall )0.5 (be )0.5 (awarded )0.5 (to )0.5 (a )0.5 (service )0.5 (provider )0.5 (selected )0.5 (by )0.5 (way )0.5 (of )0.5 (open )0.5 (tender. )0.5 (At )0.5 (least )0.5 (3 )]TJ 0.147 Tw 0 -1.333 Td (service providers have participated in the tender and the tender process\ has complied )Tj 0.026 Tc 0.249 Tw 0 -1.333 Td [(w)0.5 (i)0.5 (t)0.5 (h)1 ( th)0.5 (e)1 ( r)0.5 (e)0.5 (l)0.5 (e)0.5 (v)0.5 (a)0.5 (n)0.5 (t)1 ( lo)0.5 (c)0.5 (a)0.5 (l)1 ( r)0.5 (e)0.5 (g)0.5 (u)0.5 (l)0.5 (at)0.5 (i)0.5 (o)0.5 (n)0.5 (s)0.5 (.)1 ( F)0.5 (a)0.5 (c)0.5 (t)0.5 (o)0.5 (r)0.5 (s)1 ( t)0.5 (h)0.5 (a)0.5 (t)0.9 ( ha)0.5 (v)0.5 (e)1 ( b)0.5 (e)0.5 (e)0.5 (n)1 ( t)0.5 (a)0.5 (k)0.5 (e)0.5 (n)0.9 ( i)0.5 (n)0.5 (t)0.5 (o)1 ( c)0.5 (o)0.5 (ns)0.5 (i)0.5 (d)0.5 (e)0.5 (r)0.5 (a)0.5 (t)0.5 (i)0.5 (on)1 ( )]TJ 0.025 Tc 0 -1.333 Td [(by the )0.5 (Company/Ningxuanhang Company during the )0.5 (tender process include: )0.5 (\(i\) )0.5 (the )]TJ 0.248 Tw 0 -1.333 Td (terms of tender proposals offered by the participating bidders, includin\ g the tender )Tj 0.149 Tw 0 -1.333 Td (prices and their responses to the tender terms; \(ii\) the background, q\ ualifications and )Tj 0.027 Tc 0.248 Tw 0 -1.333 Td [(financial)2 ( position)2 ( of)2 ( the)2 ( participating)2 ( bidders;)2 ( \(iii\))2 ( the)2.1 ( expected)2 ( workload;)2 ( \(iv\))2 ( the)2 ( )]TJ 0.025 Tc 0.095 Tw 0 -1.333 Td (financial budget of the relevant service; and \(v\) the past tender cont\ ract unit price and )Tj 0.089 Tw 0 -1.333 Td (the charging standards prescribed by the national laws and regulations, \ and a bid price )Tj 0.025 Tw 0 -1.333 Td (ceiling is set.)Tj 0.045 Tc 0.238 Tw 0 -2.667 Td [(According)12.3 ( to)12.3 ( the)12.2 ( relevant)12.3 ( terms)12.3 ( of)12.3 ( the)12.3 ( General)12.3 ( Contracting)12.3 ( )]TJ [(Agreement)12.3 ( I)]TJ 34.284 0 Td [( and)12.2 ( as)20 ( )]TJ 0.025 Tc 0.142 Tw -34.284 -1.333 Td (confirmed by the parties, the project fees under the General Contracting\ )Tj 0 Tc 0 Tw (A)Tj 0.025 Tc 0.142 Tw 33.125 0 Td (greement I)Tj 0 Tc 0 Tw ( )Tj 0.025 Tc 0.056 Tw -33.125 -1.333 Td (shall be paid by the Company to the Consortium in accordance with the pr\ ogress of the )Tj 0.09 Tw 0 -1.333 Td (project. The design fee shall be tentatively calculated based on the tot\ al amount of the )Tj 0.147 Tw 0 -1.333 Td (bidding price for the construction of each road section, and paid up to \ 70% after the )Tj 0.193 Tw 0 -1.333 Td (approval of the construction drawing. The final design fee shall be calc\ ulated based )Tj 0.133 Tw 0 -1.333 Td [(on the )0.5 (actual construction settlement amount )0.5 (of each project )0.5 (after the )0.5 (completion )0.5 (and )]TJ 0.103 Tw 0 -1.333 Td (acceptance inspection of all the works, and paid up to 95% of the final \ design fee; up )Tj 0.079 Tw 0 -1.333 Td (to 97% of the final audited amount shall be paid upon the issue of the f\ inal audit form )Tj 0.098 Tw 0 -1.333 Td (and the remaining 3% shall be regarded as quality guarantee deposit. The\ construction )Tj 0.027 Tc 0.248 Tw 0 -1.333 Td [(fee)2 ( shall)2 ( be)2 ( paid)2 ( on)2 ( a)2 ( quarterly)2 ( basis,)2 ( and)2 ( up)2 ( to)2 ( 8)2 (0)2 (%)2 ( of)2 ( the)2.1 ( amount)2 ( of)2 ( approved)2 ( )]TJ 0.025 Tc 0.202 Tw 0 -1.333 Td (construction shall be paid upon completion and acceptance inspection in \ the current )Tj 0.19 Tw 0 -1.333 Td (period; up to 95% of the preliminary review amount of final accounts sha\ ll be paid )Tj 0.048 Tw 0 -1.333 Td (upon the preliminary review of final accounts after completion of the wo\ rks; up to 97% )Tj 0.074 Tw 0 -1.333 Td (of the final audited amount shall be paid upon the issue of the final au\ dit form and the )Tj 0.055 Tw 0 -1.333 Td (remaining 3% shall be regarded as quality guarantee deposit. The aforesa\ id fees will be )Tj 0.025 Tw 0 -1.333 Td (paid out of the internal funds of the Company.)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 2 \226)Tj ET 0 0 0 1 K 0.5 w /GS1 gs q 1 0 0 1 56.6929 784.9469 cm 0 0 m 482.39 0 l S Q q 1 0 0 1 538.8326 779.2776 cm 0 0 m 0 5.419 l S Q q 1 0 0 1 538.8326 667.2776 cm 0 0 m 0 112 l S Q q 1 0 0 1 538.8326 659.0237 cm 0 0 m 0 8.254 l S Q q 1 0 0 1 56.9429 779.2776 cm 0 0 m 0 5.419 l S Q q 1 0 0 1 56.9429 667.2776 cm 0 0 m 0 112 l S Q q 1 0 0 1 56.9429 659.0237 cm 0 0 m 0 8.254 l S Q q 1 0 0 1 56.6929 658.7737 cm 0 0 m 482.39 0 l S Q BT /GS0 gs 0.231 Tw 12 0 0 12 65.4468 764.8016 Tm (As the highest applicable percentage ratio in respect of the transaction\ s contemplated )Tj 0.024 Tc 0.025 Tw 0 -1.333 Td (under the General Contracting Agreements on an )Tj (annual and )Tj [(aggregated basis is more than)-1 ( )]TJ 0.025 Tc 0.103 Tw 0 -1.333 Td (0.1% but less than 5%, )Tj -0.025 Tw (and )Tj 0.103 Tw 12.401 0 Td (the transactions contemplated under the General Contracting )Tj 0.027 Tc -0.027 Tw -12.401 -1.333 Td [(Agreements)2 ( )]TJ 0.248 Tw 5.624 0 Td [(are)2 ( conducted)2 ( on)2 ( normal)2 ( commercial)2 ( terms,)2 ( they)2 ( )]TJ [(are)2 ( exempted)2 ( from)1.9 ( the)2 ( )]TJ 0.025 Tc 0.027 Tw -5.624 -1.333 Td (requirement of approval by independent shareholders of the Company, but \ shall be subject )Tj 0.025 Tw 0 -1.333 Td [(t)0.5 (o )0.5 (t)0.5 (he)0.5 ( )0.5 (a)0.5 (nn)0.5 (o)0.5 (un)0.5 (c)0.5 (e)0.5 (m)0.5 (e)0.5 (nt)]TJ 0 Tc 0 Tw 8.848 0 Td (,)Tj 0.025 Tc 0.025 Tw 0.275 0 Td [( )0.5 (an)0.5 (n)0.5 (ua)0.5 (l)0.5 ( )0.5 (re)0.5 (p)0.5 (o)0.5 (rt)0.5 (i)0.5 (n)0.5 (g )]TJ 7.598 0 Td [(a)0.5 (n)0.5 (d )0.5 (a)0.5 (n)0.5 (nu)0.5 (a)0.5 (l )0.5 (r)0.5 (e)0.5 (vi)0.5 (e)0.5 (w)0.5 ( )]TJ [(r)0.5 (e)0.5 (q)0.5 (ui)0.5 (r)0.5 (e)0.5 (me)0.5 (n)0.5 (t)0.5 (s )0.5 (u)0.5 (nd)0.5 (e)0.5 (r)0.5 ( C)0.5 (h)0.5 (a)0.5 (p)0.5 (te)0.5 (r)0.5 ( 1)0.5 (4)0.5 (A )]TJ -16.721 -1.333 Td (of the Listing Rules.)Tj /T1_1 1 Tf 14 0 0 14 56.6929 625.5717 Tm [(\(1\) )-483.8 (GENERAL CONTRACTING AGREEMENT I)]TJ -0.025 Tw 12 0 0 12 85.0394 589.5717 Tm (Date)Tj /T1_0 1 Tf 0 -2.667 Td (28)Tj 0.025 Tw ( September 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 0.034 Tc 0.241 Tw 0 -2.667 Td [(\()9 (2)9 (\))9 ( )-596.2 (T)0.5 (he)9 ( C)0.5 (o)0.5 (n)0.5 (so)0.5 (r)0.5 (ti)0.5 (u)0.5 (m)9 ( f)0.5 (or)0.5 (m)0.5 (e)0.5 (d)9 ( b)0.5 (y)9 ( D)0.5 (e)0.5 (s)0.5 (ig)0.5 (n)9 ( I)0.5 (ns)0.5 (t)0.5 (it)0.5 (u)0.5 (te)9.1 ( a)0.5 (n)0.5 (d)9 ( A)0.5 (J)0.5 (CG)9 ( \(a)0.5 (s)9 ( s)0.5 (e)0.5 (rv)0.5 (i)0.5 (c)0.5 (e)9 ( pr)0.5 (o)0.5 (v)0.5 (id)0.5 (e)0.5 (r)0.5 (\),)9 ( )]TJ 0.025 Tc 0.025 Tw 2.362 -1.333 Td (connected person of the Company under the Listing Rules.)Tj /T1_1 1 Tf -2.362 -3 Td (Subject Matters)Tj /T1_0 1 Tf 0.067 Tc 0.237 Tw 0 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canteens of the )Tj 0.07 Tw 0 -1.333 Td (expressway parks and toll stations under the management of the Company\222\ s Xiao County )Tj 0.025 Tw 0 -1.333 Td (Branch and Ningxuanhang Company, as well as the updating of supporting f\ acilities in the )Tj 0 -1.333 Td (parks and toll stations.)Tj 0.172 Tw 0 -2.667 Td (Anhui Transportation Holding Group is currently holding approximately 31\ .63% of the )Tj 0.159 Tw 0 -1.333 Td (total issued shares of the Company, and is the controlling shareholder a\ nd a connected )Tj 0.043 Tc 0.237 Tw 0 -1.333 Td [(person)12.8 ( of)12.8 ( the)12.8 ( Company)12.8 ( as)12.8 ( defined)12.8 ( under)12.8 ( the)12.9 ( Listing)12.8 ( Rules.)12.8 ( As)12.8 ( Design)12.8 ( Institute)12.8 ( is)18 ( )]TJ 0.041 Tc 0 -1.333 Td [(a)13.1 ( s)0.6 (u)0.5 (b)0.6 (s)0.5 (i)0.6 (d)0.5 (i)0.6 (a)0.5 (r)0.6 (y)13 ( o)0.5 (f)13.1 ( A)0.6 (n)0.5 (h)0.6 (u)0.5 (i)13.1 ( T)0.6 (r)0.5 (a)0.6 (n)0.5 (s)0.6 (p)0.5 (o)0.6 (r)0.5 (t)0.6 (a)0.5 (t)0.6 (i)0.5 (o)0.6 (n)13 ( H)0.5 (o)0.6 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