Core Viewpoint - The company, Yuexiu Transportation Infrastructure (01052), has awarded a construction contract worth approximately RMB 723 million to Poly Longda Engineering for the Huocun Interchange civil engineering project, following a public bidding process through the Guangzhou Public Resources Trading Center [1] Group 1: Contract Details - The contract is to be formalized within 30 days from the issuance of the award notification [1] - The construction scope includes a total length of 0.909 kilometers, with major structures such as the reconstruction of the old main line (909 meters), a new separated main line bridge (150 meters), and 12 newly built or expanded interchange bridges (totaling 6,240.905 meters) [1] - Additional constructions include a management center, a service area, a maintenance work area, and a toll station [1] Group 2: Evaluation Criteria - The company selected Poly Longda Engineering based on various criteria, including the submitted bid documents, construction organization design, technical capabilities, bid pricing, quality, safety, environmental protection, water-saving measures, past performance, and achievements [1]

Core Viewpoint - The announcement by Yuexiu Transportation Infrastructure regarding the awarding of a construction contract for the Huocun Interchange project is expected to enhance the operational capacity and future development potential of the company's toll road business [1][2]. Group 1: Contract Details - Yuexiu Transportation Infrastructure announced that its indirect subsidiary, Guangzhou Beierhuan Company, awarded a construction contract to Poly Longda Engineering for the Huocun Interchange project, with a contract value of RMB 723,192,596 [1]. - The contract is to be formalized within 30 days from the issuance of the award notification [1]. Group 2: Project Background - The Huocun Interchange connects the Guangzhou North Second Ring Expressway with the G4 Beijing-Hong Kong-Macau Expressway, which is undergoing expansion and improvement projects [2]. - The construction management agreement signed on June 16, 2025, between Guangzhou Beierhuan Company and Guangshen Zhu Expressway Company indicates that the former will manage the public ramp improvement works for the Huocun Interchange [2]. Group 3: Strategic Importance - The Guangzhou North Second Ring Expressway is a crucial part of the Greater Bay Area highway network, and the increasing traffic volume in Guangzhou has led to saturation on this expressway [2]. - The implementation of the Huocun Interchange construction project is anticipated to improve the quality of assets on the Guangzhou North Second Ring Expressway, thereby strengthening the company's core advantages in investment, construction, operation, and management of toll roads [2].