Core Viewpoint - The company has been awarded the concession for the Huixian to Juancheng (Yulu Border) Expressway project, which was previously paused due to policy adjustments, and will now proceed under a new concession model [1][2] Group 1: Project Details - The total investment for the Huixian to Juancheng Expressway project is 6.49 billion yuan, with construction and installation costs amounting to 4.261 billion yuan [2] - The project will operate under a "concession" model with a cooperation period of 33.25 years, which includes a preliminary and construction period of 3.5 years and a toll collection period of 29.75 years [2] Group 2: Consortium Composition - The consortium formed for the project includes the company's wholly-owned subsidiary Shanghai Infrastructure Construction Development (Group) Co., Ltd., along with Shanghai Urban Construction Group Henan Construction Development Co., Ltd., Shanghai Highway and Bridge Group Co., Ltd., Shanghai Urban Construction City Operation (Group) Co., Ltd., and Shanghai Urban Construction Digital Industry Group Co., Ltd. [1]

Group 1 - The project "Hui County to Jucheng (Yulu Border) Expressway Hui County to Weihui Section" was awarded to a consortium led by Shanghai Infrastructure Construction Development (Group) Co., Ltd. and Henan Construction Development Co., Ltd. in 2022, but was suspended due to policy adjustments [1] - The original concession agreement was terminated, and the project will be re-bid under a new "concession" model as per policy requirements, with the Xinxiang Municipal Transportation Bureau as the implementing agency [1] - The consortium, which includes Shanghai Infrastructure Construction Development (Group) Co., Ltd., Henan Construction Development Co., Ltd., Shanghai Highway and Bridge (Group) Co., Ltd., Shanghai Urban Operation (Group) Co., Ltd., and Shanghai Urban Construction Digital Industry Group Co., Ltd., has officially received the project award notification on December 8, 2025 [1] Group 2 - The total investment for the Hui County to Jucheng (Yulu Border) Expressway Hui County to Weihui Section project is 6.49 billion yuan, with construction and installation costs amounting to 4.261 billion yuan [2] - The project will operate under a "concession" model with a cooperation period of 33.25 years, which includes a preliminary and construction period of 3.5 years and a toll collection period of 29.75 years [2]