Yuexiu Transport Infrastructure Limited (the “Company”) and its subsidiaries (collectively, the “Group”) have been investing, operating and managing highways and bridges located in Guangdong Province of the People's Republic of China (“China”) and other provinces with high economic growth. The main shareholder of the Company, Guangzhou Yuexiu Group Co., Ltd., is a state-owned enterprise managed by the State-owned Assets Supervision and Administration Commission of the Guangzhou Municipal People's Government. On June 30, 2023, the Group invested and operated a total of 17 toll road, bridge and terminal projects, including Guangzhou North Second Ring Expressway (“Guangzhou North Second Ring Expressway”), Guangzhou West Second Ring Expressway (“Guangzhou West Second Ring Expressway”), Guangzhou North Ring Expressway (“Guangzhou North Ring Expressway”), Guangzhou North Ring Expressway (“Guangzhou North Ring Expressway”), Guangdong Humen Bridge (“Humen Bridge”), Shantou Bay Bridge (“Shantou Bay Bridge”), Guangdong Gonglian Expressway (“Shantou Bay Bridge”), Guangdong Gonglian Expressway (“Shantou Bay Bridge”), Guangdong Gonglian Expressway (“Shantou Bay Bridge”), Guangdong Gonglian Expressway (“Shantou Bay Bridge”), Guangdong Gonglian Expressway (“Shantou Bay Bridge”), Guangdong Gonglian Expressway (“Shantou Bay Bridge”), Guangdong Gonglian Expressway (“Shantou Bay Bridge”), Guangdong Gonglian Expressway (“Shantou Bay Bridge”), Guangdong Gonglian Expressway (“Shantou Bay Bridge”), Guangdong Gongli“ Qinglian Expressway”) and Pazhou Hong Kong-Macau Passenger Terminal; Suiyue South Expressway located within Hubei Province (“Hubei Suiyue”) South Expressway), Hancai Expressway (“Hubei Hancai Expressway”), Han'e Expressway (“Hubei Han'e Expressway”), Daguangnan Expressway (“Hubei Daguangnan Expressway”), Hanxiao Expressway (“Hubei Hanxiao Expressway”); Henan Weixu Expressway (“Henan Weixu Expressway”), Lanwei Expressway (“Henan Lanwei Expressway”); Hunan Changzhu Expressway (“Hunan Changzhu Expressway”); Zhuangyu Expressway in Guangxi Autonomous Region Highways (“Guangxi Cangyu Expressway”); also includes the Tianjin-Jinxiong Expressway (“Tianjin-Jinxiong Expressway”). As of June 30, 2023, the share toll mileage for the Group's holding projects was 477.7 kilometers (total toll mileage is about 556.2 kilometers), the group's associated companies and joint ventures are about 88.8 kilometers, and the equity toll mileage for all highways and bridges is about 566.5 kilometers.
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