Dongguan Holdings announced that the company currently holds 35% of the shares of Dongguan Xinzhao Investment Co., Ltd. In order to further increase the shareholding ratio, obtain control, and be included in the scope of the consolidated statement, the company and Dongguan Road and Bridge Investment and Construction Co., Ltd., a subsidiary of the controlling shareholder, signed a “Share Transfer Intent Agreement” on November 12, 2026 to acquire part of its shares in Xinzhao Company in order to combine the Dongguan section of the Huichang Expressway project and add 14.9 kilometers of highway mileage. This transaction constitutes a related transaction and does not constitute a major asset restructuring. It is still necessary to carry out audits, evaluations, and carry out relevant decision-making and approval procedures. There is uncertainty about the specific plan.

Dongguan Holdings announced that the company currently holds 35% of the shares of Dongguan Xinzhao Investment Co., Ltd. In order to further increase the shareholding ratio, obtain control, and be included in the scope of the consolidated statement, the company and Dongguan Road and Bridge Investment and Construction Co., Ltd., a subsidiary of the controlling shareholder, signed a “Share Transfer Intent Agreement” on November 12, 2026 to acquire part of its shares in Xinzhao Company in order to combine the Dongguan section of the Huichang Expressway project and add 14.9 kilometers of highway mileage. This transaction constitutes a related transaction and does not constitute a major asset restructuring. It is still necessary to carry out audits, evaluations, and carry out relevant decision-making and approval procedures. There is uncertainty about the specific plan.