Meeting Details - The meeting was convened in accordance with the Company Law and the Articles of Association [2] - Meeting notice and materials were sent via email on September 16, 2025 [3] - The meeting took place on September 22, 2025, in a telecommunication voting format [4] - All 11 directors attended the meeting, including both independent and non-independent directors [5] Resolutions Passed - The board approved a proposal for the company to apply for a new policy financial tool loan from the National Development Bank and other policy banks, with a total amount not exceeding 600 million yuan, for a term of 20 years, and an interest rate not exceeding the five-year LPR [6] - The funds will be used to increase the registered capital of Guangxi Tanbai Expressway Co., Ltd. for the G80 Guangkun Expressway Nanning to Baise section expansion project [6] - The proposal received unanimous support with 11 votes in favor, and no votes against or abstentions [7]