Beijing-Shanghai high-speed railway: will provide a maximum of 3 billion yuan in entrusted loans to its holding subsidiaries.

The Beijing-Shanghai High-speed Railway announced that the company plans to provide entrusted loans to its holding subsidiary Jingfu Anhui Company through a financial company. The credit period is 3 years, with a maximum loan balance of 3 billion yuan, and a single loan period of 1 year, which can be used in a revolving manner. The loan interest rate is the annual loan market quotation rate at the time of loan issuance, and it is used to supplement liquidity. This matter constitutes a related party transaction and has been approved by relevant meetings. As of now, the company has no external entrusted loans. This entrusted loan can improve the efficiency of fund utilization, reduce financial expenses, and the company will strengthen post-loan management to prevent risks.