Group 1 - The board meeting was held on August 19, 2025, with all 10 members present, including two participating via communication [2][3][4] - The board approved the establishment of new functional departments, including Asset Operation Management Department and Project Cost Management Center [5][6] - The board approved a mid-term adjustment to the 2025 investment plan, reducing the total planned investment by 483 million yuan to 4.888 billion yuan, while increasing the planned capital contribution by 172 million yuan to 3.047 billion yuan [7][8] Group 2 - The board approved a related party transaction for the investment in the Nanjing to Santai (Zhongjiang) Expressway project, with a total investment of 48.723 billion yuan and a self-raised capital ratio of 20.20%, amounting to approximately 9.842 billion yuan [9][10][19] - The company holds a total shareholding of 3.3% in the project, with specific contributions from its subsidiaries [9][10][19] - The board authorized the management to make decisions regarding any changes in capital contributions during the project [9][11][25] Group 3 - The supervisory board also approved the related party transaction for the expressway project, confirming that the transaction does not harm the interests of the company and its shareholders [17][18][48] - The transaction does not constitute a major asset restructuring and does not require approval from relevant authorities or the shareholders' meeting [21][49] Group 4 - The expressway project is part of the Sichuan Provincial Highway Network Layout Plan (2022-2035) and spans 270.603 kilometers, connecting multiple cities and counties [43][44] - The project will be implemented using a "Build-Operate-Transfer (BOT)" model, with a construction period of three years and a maximum tolling period of 30 years [43][44]