Core Viewpoint - Anhui Expressway Company Limited has entered into a construction general contracting agreement for the design and construction of an emergency management station for a new tunnel on the G4221 Hu-Wu Expressway, with a total expected cost of approximately RMB 13.16 million [3][5]. Group 1: Contract Details - The construction general contracting agreement was signed on July 11, 2025, between Anqing Bridge Company and a consortium consisting of the Design Institute, Jiangkou Engineering, and Jiangkou Construction [1][2]. - The contract duration is set for 6 months, starting from the actual issuance of the construction order [3]. - The expected total cost of the project is RMB 13,159,910.21, which will be paid from the company's own funds [3][5]. Group 2: Related Party Transactions - Anhui Expressway Company Limited's major shareholder, Anhui Transportation Holding Group, holds approximately 33.63% of the company's issued shares, qualifying as a related party under listing rules [2][6]. - The transaction falls under the related party transaction category as the consortium members are subsidiaries of Anhui Transportation Holding Group [2][6]. - Since the applicable percentage rate for the transaction exceeds 0.1% but does not exceed 5%, independent shareholder approval is not required, but compliance with listing rules regarding announcements and annual reporting is necessary [6]. Group 3: Justification and Benefits - The agreement is deemed necessary for the company's operations and was awarded through a public bidding process, ensuring compliance with normal commercial terms [5][7]. - The consortium possesses the necessary qualifications for the project, including comprehensive engineering design and construction capabilities [5][8]. - The board of directors has approved the agreement, considering it fair and reasonable, aligning with the overall interests of the company and its shareholders [7].