Sichuan-Chongqing: plans to raise 3.18 billion yuan for high-speed expansion and debt repayment.

The Sichuan-Chongqing Notice states that this issuance of A-shares to specific targets will reduce the total amount of funds raised to no more than 3.18 billion yuan. After deducting issuance expenses, the net amount is intended to be used for the expansion project of the Chengdu to Ya'an section of the G5 Jingkun Expressway and for the repayment of interest-bearing debts, with amounts of 2.3 billion yuan and 0.88 billion yuan respectively. After the completion of the project, the passage capacity and service level will be improved, and the benefits of the road network will be realized. This issuance will enhance the company's core business competitiveness and development potential, optimize the capital structure, and reduce financial risks.