Core Viewpoint - Anhui Expressway Company Limited has announced a continuous related party transaction involving a management lease agreement with Yida Company for the Honglin Service Area, effective from January 21, 2025, to January 20, 2028, with a total annual cap of RMB 11,144,527.40 [1][2][6]. Group 1: Transaction Details - The management lease agreement allows Yida Company to operate various services at the Honglin Service Area, including dining, accommodation, vehicle maintenance, and retail [2][3]. - The annual rent for the lease is set at RMB 1,182,100.00, with a total expected rental income of RMB 3,546,300.00 over the lease term [4][5]. - The agreement is classified as a continuous related party transaction due to Yida Company being a wholly-owned subsidiary of Anhui Transportation Holding Group, which holds approximately 33.63% of the company's issued shares [1][5][6]. Group 2: Compliance and Governance - The board of directors has approved the management lease agreement, with certain directors abstaining from voting due to their affiliations with Anhui Transportation Holding Group [5][6]. - The transaction does not require independent shareholder approval as it falls within the stipulated percentage limits under the listing rules [2][7]. - The agreement is deemed fair and reasonable, aligning with the company's overall interests and normal business practices [5][6].

Core Viewpoint - The company is proposing to renew and update several ongoing related transactions and agreements, including financial services, aircraft leasing, and catering services, with a focus on establishing annual caps for these transactions until December 31, 2028 [7][8]. Group 1: Ongoing Related Transactions - The company plans to renew existing agreements that will expire on December 31, 2025, to better manage ongoing related transactions and regulate business relationships with the Eastern Airlines Group [8]. - The proposed agreements include financial services, aircraft and engine leasing, catering and supply services, and property leasing and management services [7][8]. - The company aims to set annual caps for these transactions for the three years ending December 31, 2028 [7][8]. Group 2: Financial Services Agreement - A new financial services agreement will be established with Eastern Airlines Finance Company, effective from January 1, 2026, to December 31, 2028 [11][12]. - The agreement will include deposit services, comprehensive credit services, and other financial services [12]. - The deposit rates will be determined based on market principles and should not be lower than those offered by major commercial banks in China [12] Group 3: Special Shareholders Meeting - A special shareholders meeting will be convened to discuss and approve the proposed ongoing related transactions and the financial services agreement [7][8]. - The meeting is scheduled for August 27, 2025, where independent shareholders will be provided with recommendations from the independent board committee and financial advisors [7][8]. Group 4: Independent Advisory - The independent financial advisor will provide opinions and recommendations regarding the ongoing related transactions to the independent board committee and shareholders [7][8]. - The independent board committee will also issue recommendations to independent shareholders concerning the proposed transactions [7][8].