Group 1 - Shandong Hi-Speed Group has successfully signed two overseas projects worth over 10 billion RMB, marking a significant breakthrough in the Malaysian market [1] - The Malaysian smart warehousing project involves the construction of customized smart warehouses with a total of 2 million pallet positions, with a contract value of 6 billion MYR (approximately 10.2 billion RMB) [1] - The Nilai smart city construction project plans to invest 7 billion USD (approximately 50.1 billion RMB) over the next decade, including the establishment of an automotive manufacturing center and high-tech smart manufacturing center [1] Group 2 - In 2023, Shandong Hi-Speed Group signed overseas engineering project contracts totaling approximately 27 billion RMB, representing a year-on-year increase of 360% [2] - The group operates the Shandong China-Europe Railway Express, which has run 1,970 trains this year, a 2.1% increase, with a transport value exceeding 15 billion RMB [2] - The company aims to accelerate the construction of key overseas projects and enhance its international market competitiveness, contributing to Shandong Province's high-level opening-up [2]