Fujian Expressway Development Co Ltd

China Nerin signed a contract with KONKOLA COPPER MINES PLC for a new 70,000-tonne-per-year copper tailings leach plant project in Zambia, with a contract value of approximately $498 million, equivalent to about 3.378 billion yuan. The project uses a hydrometallurgical leaching process to recover valuable metals from existing copper tailings, with China Nerin responsible for design, procurement, construction and installation, commissioning, and technical support services. On the same day, the controlling shareholder of Fujian Expressway plans to increase its shareholding by no less than 130 million yuan and no more than 230 million yuan, with the increase not exceeding 2% of total share capital. Fulongma signed a sanitation autonomous driving technology development contract with Huawei Cloud Computing, with a total contract value of 200 million yuan and a term of three years, under which Huawei Cloud Computing will exclusively develop and deploy the Fulongma sanitation autonomous driving system for the company. Xianghe Industrial signed a railway fastener system component purchase and sale contract with Zhongyuan Lida Railway Track Technology Development Co., Ltd., with a total contract value of 178 million yuan, accounting for approximately 21.32% of the company's audited 2025 revenue.