On September 5, 2024, Zhejiang Huhan Yong signed two contracts with the Digital Intelligent Interchange Institute, involving digital transformation and upgrading projects, as well as electromechanical system upgrading and renovation design. The Company's Information Center commissioned the Digital Intelligent Interchange Institute to compile the highway volumes and project feasibility documentation for the declaration program, with a service fee of RMB 3,490,000. The other contract was signed by the wholly-owned subsidiary Longlililong Company, commissioning the Digital Intelligent Interchange Institute to upgrade and renovate the electromechanical systems of the Longlililong Expressway and Huangqunan Expressway, with a service fee of RMB 699,262. As the Digital Intelligent Interchange Institute is a subsidiary of the controlling shareholder, the Transportation Group, with a 55.08% stake, this transaction constitutes a related party transaction. According to the listing rules, this transaction exceeds a percentage rate greater than 0.1% but less than 5%, and is subject to declaration and disclosure requirements, but does not require independent shareholder approval. These contracts aim to seize national policy opportunities and improve public service capabilities and operational management efficiency.

On September 5, 2024, Zhejiang Huhan Yong signed two contracts with the Digital Intelligent Interchange Institute, involving digital transformation and upgrading projects, as well as electromechanical system upgrading and renovation design. The Company's Information Center commissioned the Digital Intelligent Interchange Institute to compile the highway volumes and project feasibility documentation for the declaration program, with a service fee of RMB 3,490,000. The other contract was signed by the wholly-owned subsidiary Longlililong Company, commissioning the Digital Intelligent Interchange Institute to upgrade and renovate the electromechanical systems of the Longlililong Expressway and Huangqunan Expressway, with a service fee of RMB 699,262. As the Digital Intelligent Interchange Institute is a subsidiary of the controlling shareholder, the Transportation Group, with a 55.08% stake, this transaction constitutes a related party transaction. According to the listing rules, this transaction exceeds a percentage rate greater than 0.1% but less than 5%, and is subject to declaration and disclosure requirements, but does not require independent shareholder approval. These contracts aim to seize national policy opportunities and improve public service capabilities and operational management efficiency.