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].