Chengdu Expressway (01785) announced that, considering the adjustment of the current audit policy in the capital markets, and in conjunction with the company's future business strategic positioning, it has arranged overall development of business and capital operations planning. After thorough study with the sponsor and approval by the company's board of directors, the company decided to apply to Shanghai Stock Exchange for withdrawal of its A-share listing application.
Currently, the company's business operation is good, and the board of directors expects that the withdrawal of the A-share listing application will not have any significant adverse impact on the company's financial condition or operations.