On September 13, 2024, Shanghai Tunnel Engineering (600820.SH) announced that the 31st meeting of the 10th Board of Directors of Shanghai Tunnel Engineering approved the proposal regarding the withdrawal of some partners from Shanghai Jianyuan Private Equity Fund Partnership Enterprise (Limited Partnership). Considering that the investment period of Jianyuan Phase I Fund has ended, partners can request to withdraw from the fund based on their operational needs. The company agrees that Shanghai Shentong Metro and Aichao Investment will exit the Jianyuan Phase I Fund through capital reduction and withdrawal.

Shanghai Shentong Metro and Aichao Investment have received the full investment returns as agreed in previous profit distributions. This withdrawal does not affect the profit distribution of the company in the Jianyuan Phase I Fund, and it is in the best interests of all shareholders. It will not change the scope of consolidation in the company's financial statements, nor will it have a significant impact on the company's production, operation, and future development. It does not involve any situations that would harm the interests of the company and all shareholders.