Recently, the Guanglian Expressway Holding Real Estate Asset Support Program was successfully issued on the Shanghai Stock Exchange. The issuance scale of this project reached 15 billion dollars, and the valuation of the underlying assets exceeded 40 billion dollars. This project is an inter-agency REIT with the largest single issuance scale and the first order approved by a policy bank. As a strategic step for CCCC Group to deepen industry-finance collaboration, this transaction not only provides solid equity capital support for CCCC Group's “15th Five-Year Plan” development, but also creates a replicable and promotable case for financial services to the real economy and continuous promotion of infrastructure project investment and construction. The Guanglian Expressway project has CITIC Securities Co., Ltd. as the plan manager, CCCC Fourth Navigation Engineering Bureau Co., Ltd. and China Highway Engineering Consulting Group Co., Ltd. as the original shareholders, and CCCC Capital Holdings Co., Ltd. as the general coordinator.

Recently, the Guanglian Expressway Holding Real Estate Asset Support Program was successfully issued on the Shanghai Stock Exchange. The issuance scale of this project reached 15 billion dollars, and the valuation of the underlying assets exceeded 40 billion dollars. This project is an inter-agency REIT with the largest single issuance scale and the first order approved by a policy bank. As a strategic step for CCCC Group to deepen industry-finance collaboration, this transaction not only provides solid equity capital support for CCCC Group's “15th Five-Year Plan” development, but also creates a replicable and promotable case for financial services to the real economy and continuous promotion of infrastructure project investment and construction. The Guanglian Expressway project has CITIC Securities Co., Ltd. as the plan manager, CCCC Fourth Navigation Engineering Bureau Co., Ltd. and China Highway Engineering Consulting Group Co., Ltd. as the original shareholders, and CCCC Capital Holdings Co., Ltd. as the general coordinator.