%PDF-1.5%忏嫌 1 0 obj<>>>endobj2 0 obj<>stream 2024-08-23T20:41:25+08:00 2024-08-23T20:41:26+08:00 2024-08-23T20:41:26+08:00 Adobe InDesign 16.3 (Windows) uuid:323591da-e9a4-4ed0-aa43-dbfdaeb76093 xmp.did:24ffb9b5-4f95-9841-a9ae-635e7e7ecba1 xmp.id:4f48b3c1-4f90-f04a-9894-d42fccb88777 proof:pdf xmp.iid:06d8b76b-d498-bf4f-ab2b-74e61f8e9702 xmp.did:fcfb5cfc-cd06-3d4d-babb-efe59cc1ed94 xmp.did:24ffb9b5-4f95-9841-a9ae-635e7e7ecba1 default converted from application/x-indesign to application/pdf Adobe InDesign 16.3 (Windows) / 2024-08-23T20:41:25+08:00 application/pdf Adobe PDF Library 15.0 False endstreamendobj14 0 obj<>endobj3 0 obj<>endobj16 0 obj<>endobj17 0 obj<>endobj18 0 obj<>endobj19 0 obj<>endobj20 0 obj<>endobj21 0 obj<>endobj22 0 obj<>endobj44 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj45 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj46 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj47 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj48 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj49 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj50 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj63 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 37 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 56.6929 773.5878 Tm (COMPLIANCE WITH LISTING RULES APPENDIX C1)Tj /T1_0 1 Tf 0.03 Tc 0.078 Tw 0 -2.462 Td [(During)5 ( )0.5 (the)5.1 ( )0.5 (Period,)5 ( )0.5 (the)5 ( )0.5 (Company)5 ( )0.5 (complied)5 ( )0.5 (with)5 ( )0.5 (the)5 ( )0.5 (code)5 ( )0.5 (provisions)5 ( )0.5 (in)5 ( )0.5 (the)5 ( )0.5 (Corporate)5 ( )]TJ 0.053 Tc 0.07 Tw 0 -1.231 Td [(Governance)12.1 ( Code)12 ( \(the)12.1 ( \223)]TJ /T1_1 1 Tf -0.053 Tw (Code)Tj /T1_0 1 Tf 0.07 Tw [(\224\))12.1 ( set)12.1 ( out)12.1 ( in)12.1 ( Appendix)12 ( C)12.1 (1)12.1 ( to)12.1 ( the)12.1 ( Listing)12.1 ( Rules,)12.1 ( and)28 ( )]TJ 0.025 Tc 0.002 Tw 0 -1.231 Td (adopted the recommended best practices in the Code as and when applicabl\e during the )Tj -0.025 Tw 0 -1.231 Td (Period.)Tj /T1_1 1 Tf 0 Tw 0 -2.462 Td (PUBLICATION OF FINANCIAL INFORMATION)Tj /T1_0 1 Tf 0.032 Tw 0 -2.462 Td (This interim results announcement is published on the websites of the St\ock Exchange )Tj 0.054 Tc 0.07 Tw 0 -1.231 Td [(\(www.hkexnews.hk\))12.4 ( and)12.4 ( the)12.4 ( Company)12.4 ( \(www.zjec.com.cn\).)12.4 ( The)12.4 ( interim)12.4 ( report)12.4 ( of)29 ( )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(the)6 ( )0.5 (Company)6.1 ( )0.5 (for)6 ( )0.5 (the)6 ( )0.5 (six)6 ( )0.5 (months)6.1 ( ended)6 ( )0.5 (June)6 ( )0.5 (3)6 (0)6 (,)6 ( )0.5 (2)6.1 (0)5.9 (2)6.1 (4)6 ( )0.5 (will)6 ( )0.5 (be)6 ( )0.5 (available)6 ( )0.5 (on)6 ( )0.5 (the)6 ( )0.5 (above)6 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (websites in due course.)Tj 24.564 -2.462 Td (On behalf of the Board)Tj /T1_1 1 Tf -2.089 -1.231 Td (Zhejiang Expressway Co., Ltd.)Tj 3.699 -1.231 Td (YUAN Yingjie)Tj /T1_0 1 Tf -0.025 Tw 13 0 3.4833 13 411.2627 501.5878 Tm (Chairman)Tj 0 Tw 13 0 0 13 56.6929 469.5878 Tm (Hangzhou, the PRC, August 23, 2024)Tj 0.047 Tc 0.07 Tw 13 0 3.4833 13 55.3588 437.5878 Tm [(As)12.3 ( at)12.2 ( the)12.2 ( date)12.3 ( of)12.3 ( this)12.3 ( announcement,)12.2 ( the)12.2 ( Chairman)12.2 ( of)12.2 ( the)12.2 ( Company)12.2 ( is)12.2 ( Mr.)12.2 ( YUAN)22 ( )]TJ 0.024 Tc 0 Tw 0.33 -1.231 Td [(Yingjie; the executive Directors of the Company are: Mr. WU Wei and Mr. \LI Wei; the)-1 ( )]TJ 0.035 Tc 0.073 Tw 0.33 -1.231 Td [(non-executive)10 ( )0.5 (Directors)10 ( )0.5 (of)10 ( )0.5 (the)10 ( )0.5 (Company)10 ( )0.5 (are:)10 ( )0.5 (Mr.)10 ( )0.5 (YANG)10 ( )0.6 (Xudong,)10 ( )0.5 (Mr.)10 ( )0.5 (FAN)10 ( )0.5 (Ye)10 ( )0.5 (and)10 ( )]TJ 0.025 Tc 0.038 Tw 0.33 -1.231 Td [(Mr. HUANG )0.5 (Jianzhang; and the independent non-executive Directors of the Company )]TJ 0 Tw 0.33 -1.231 Td (are: Mr. PEI Ker-Wei, Ms. LEE Wai Tsang, Rosa and Mr. YU Mingyuan.)Tj ET endstreamendobj56 0 obj<>/Subtype/Form>>stream endstreamendobj54 0 obj<>endobj55 0 obj<>endobj66 0 obj<>endobj67 0 obj<>stream H墝T{PSw?rUn柰-("l 垁? Fh?pADY貭b侪 惊 j玐焾廢茭曛潵[檜晡湜炋蝆榠wv燔欙辳~s均喂琨w7 A嫱?=胔2X?駯B慫P偀郙c 鵆?u?趋j@@匯?BC$纬曬泣弇\Xt蕴?娧#Fq45娾i窮瓮誟V隔2`瞨夋\ _d醬6傼敍[X葝R[9轥5?#蒕咽?L:~g摄碏撑VVd噫 A綫滗z蝖鎙弗¢l秖:碁锁祕q^???槭8Q?Vx汵|[D?X瓃ch1[!7隠嗊Pa?(綪?[?dZ:caz艸灵y !>7墢浤譑?夨梄$q璬眃嬩KDA菆镘f?竲+崘~&韚Or胯?{I?徣iy筡鹑?祚诔莱藡?蠛3f螛3蕖轢>2烞焝奓艣?4n痈刖懢踼?[)j%u?葡H薸濥?~邙隈?dM80醎桳茧燀 e尕{勛=剤A=R换P鉒u諓鹔寘z 懭a/#侂S箣龁XcR鴬慔 S鄐f恲W瑚8萵儝|#~e?S{呡S罚N调邮??.筒N-謄岓'趣p蜋Dg皎胵赝D穈l@_禘>碲螓郹狅仲鏦豞J ^琲鷎鑐t3?P€罈等_蘂儅媟⒁YQ芏a3頙痓?+ 鎬qp N裍PM奣0?偿э?:?滐旄p涡?+?7沀T?齕垼.咞烙墰U暟涷骉欕o?5斏熪A狃溛鈟C闶a ?嗑僪H€丼P9 隭咠?€xO*ミ圮墀吮 Y眧锷搟雯红9稼E薙j翳蜼[?ぢ﨎2鬊€T?煻Y6W精麻$DB H 鞆?俢蹞褫T N+e[_茇}D鮏c叫'b$蜺蹌筨c弍鳗:`J愒@焢圑谛€妟-'U蚲mP瘲S弸罻圑LX?婱6蟁? 戴瓦鷢窯SS/?w9櫋ygΓWl樦?桜Hツ劣`€IRA醮班C 仗茾擜?瓷t\=$渎yR卞:绰;鲆7@)?T7L窝蠮~ 懺?~P醺溥k患<厜N\kd礽]╖祅?鞱 $7?渮3邸N鐻蕲PT4每会P)a繠圱(p围弊剚榿I nu谶 b/C簑.?踆ie蟼?y僝;?%yX轛ザ栞筚F誁 R嫿 盻X%姖Q?偺A^ _~辌oRA.?\悐N縞餉7犈絈?尅啫#<窛壶鐔嫍r![Y囖}C?秆u+鍛NM%擠閼`许惱た?摺E鱢^b¦_x隈挕^妄CXj=]-裘铆腔倩俜WE3舦Mx掗VQ_嚭嫑狫剦褪&'Fl瓲A4[ d@#畲鷍&0v)K鮟4灶l`﹥;稣5??韫,冈僯嘸a'?抭筸鄄歳v?EU濯呭?h臒!X翕3褘蟸脣p蟷E嘇蘿!妃艤^翮5夂勥?(幫C98鑚2患齧檯ま 镪6舖4.葩螩嶤n軕党搃l<蒡€叺渚5'1e?W包 蔧5皦`礚彼钹O拉阈t渨(連h Y垼贪~撛谯5遫繧LJE8洪籝≈鼿mm?U螋笤撟陳Qcq[M惪朕 壤瀁r蘜?仈曃濣Wsf{"鉠'OYS澗Mlv[M","誀s2勑q槅:u蕲m?~美?x=#赮)讠N驎汯妸c/啯0働?溜赏?箐蹍?臚_薀 瀓?Hǐ鱅ZB5弇,鰬詞^轚}v{ 悛旂暁?U蹍~篰~h髁+w茯?t馅|;:蔞竧Ne$D6闋JF徜職磎,U 箱/﨎湲漒瀧攈犦詊鈞黀佢寸 a奤姰?秹窟WMGL臇冴鄉拡? 她 嘇#0M皹爣阻y蚄€"@蚄價CM?衱潌#ypR佄k;^dv焒?狪浜皋 /1淋駨衲 馭荮k速融緽扂m>1)'?K嶎,垠QEb艮臓胒鈫?潄蜏 嵳鷕?;倶&饼蜬i圃r|Ipu囌餫鐥O骫x堍@W5%Vy銱l,嚕p4煛cO. 魜韫?H鮽?s震鄡摡ReAF:況H氙#蹸S}ls廨灺r&宙梢hS!踁馀睲漴!莸喣酤珸剦襫随榅卲笲嫥-黮 /輁榟荷 次?茦嚾|埬粎H ?鑑uy覵讏旿缪始C誄邎纃任'<v?Z 捄僁i'&俎!*h值1恁疌2O?H2_e?)匑鸜?屢濝UW 鬉亥*?€沤: >牋KJz錖糊m幧孺輔s瘲4捚x; 砿螗嘌屪泫KU8{bOd屃黤X蝥W饁 縼,捏嚷捝褁紒匪旱6Bo#秧c艺'1忨魡Bヱ ]嘅&棝鞥脥啮跋8q弗@_┉mKK?耬玼9粠?銗#麮Zi()i悕4砬4~uo$︿櫌嗰楺?[4?U%%d~腙镲椕獬?撫炫 &)x!,麡胇冒S_$窹xzH劬﹑L皊upA??_?Q 鉘k灡℅v筌烓墄V嶾鹋驻﹩?9?Tw伽f鞍x萍Oc?櫩煬輝彟 v 臰(豄粃悮盫菲赿蠘惧s鏋b厰jujB纛d??D 炕寫w筩想$蠞<2潪;?漙;葽惻Y 奮o济 説P3┊繩]ji凱鰍Z婥╖朜搴孬褗x潡劓6益?m^?x9E棄U校氣r@ _^B婑服艱昢1MYA磏嬊v:藓熪:穑狹vy誊}A抟~廪?\EW獖z ?69碩j[`楙锑T14m璮洔w$伱 脸`愂鈸[天?EM逽犞鞊谟Ph蓾鑅)卜能sl?芟O步呕櫉搷焴!>恚t?煵I歀m嚌馛JG{???fjP燦]QfIb鉨w<_"衢??蓖c擑U1}振?埝醤×G寻.萵a⒏共貉4垩I翷聳Hl嵧矕>淡?)??'拲针墱掊?*沖轮V杩镹,]欌T$炻m顇嶜P揮棠SHn#k.诬櫘'x9uf粪w聎Y擌??後O3?O"崓弸?[ 﨣w5ufq)M.鉽Q筤o趝曻╱讑?径A *A 怈7侌怶y$0?(cyX脔舃u嬰:郛審u玪?橀~7靦鰪虧慎}琰具9?砍腐鍹肇sp幔eW筴穧.靂儢钆騠辸K`峤葑鸈專*?wD\yc?9HG颠T幸D 稱紥裑 Ch aW苬戎xoD;餏袋懴兓屯_t2}m孀羔咅G旀D鄳x^yV==9j輀葓╫CX/g]a#tP来[/tT%㎎槻.渊p扴OF蔞玣`?6da!糃唸 o?除艧荶弸 秕?囁$癱囝?磧楘浺?h根}飠p'殞C晆xR?N觛kc/u蹥:&?觫=卙袹f鶱抣堈c楪[笼?g臖 姱r笈M 奁RRv鵷鵒崘",ゾB瀀Hj>弾-墤△v鹡?p辔i秬 焞嬏迆霺:碝輻拎?瀖 蕪I垿冾渼細鹎缏 9q7J坶隉q\y s壑vy溇毿抯幜欠螁P棝?粣澗詔蚙^e钒乜~`?~凔H具绑覢菡 苶1媲悝槄8 L秽喋p#o?侰#UAhG罦[m篱YJ劎隿t騲鈭傩b!?6'2(?憴g离賱?厎锫Z彨-?蕏闤敝隊咘⑤/t5:9嵕$br?-丟臥圻愚舟)弸壜?@醎N凔釛截鍾l?T Q?覺Eic?5耳F趻講4戡"q鸗|b?衘℉鲅亇溎>釫"-慷A矧G`?稟褁\瞭@WQp栔fc藸卙貕斈wX胋^斱榟>O*諚麾箳榜O-㏄W鑼DC&^吴 X澝柏趾E投頡7']x棝i蕅窗翪確I 氜8鸭v俥隫g黚x徤揍 ?_嶐T槕s4襊L愾潄?O ?e>蔐禓J轋AJo7剨鼑泸癿O+轴DY鱌w0^宭2?dx}囥E怪V1騟梿.s q]? 饅.??符瘉憓B'N.玎澃緐纶墶0JJw^曋 ?K1?&Y?枍WRiH?D R会阃軓0嘇+<戠鞲澇痤Cx 讆v蚄?漠G郠麱劰c鯹糼x擏 寖緊倘?葊l V峴軎鬻hXB牡7曂LO?剜=岢9A?抾唜楚?鮭z秬8殦sD紮皔XX株吮7臾狉褺闽$曫蝺~Kt4!砞TLij-%q^乡噳1 S殂鹏囅蘶h冱摕篦H+貳N耤窯慮癓E悡Z傼;MF顶柇齗鄌X鋿Rb?rU緇蔯薛Fi霉挷婒[d彲}龜%踐#蔎灐亡N嗢霃躤+z?Wl毊p???I簕?"D顅?鷸H1賢鏒弲M獝 /员0S瀥]痄]?忿调Pr&畫哬tDI雏?RS搾幩 {歒x暷E]Yv4嵡繻宪炜刎傷赬}鎁构棪〖嘐8哣?Q+ ib蒟6炵忾,絑椢霥!傻qE糯豓酿℉I4晖\erI鳄犀4鑕椔zaq肞祲暉雍?2譝、]橰趌h(埀U?N鲹6赽5費豩枓\y?讳旃剌认+ 柝?Yh;ow$) {綴g镔筤躠Tb會G 薺{玀跖嬡qYS`颭)(f鉦 句 !暓矈礒筓R饺g/溃纹W6/鈶/喪:撱动f怎AS礨2蟑?谁= Q~|~喡坾7%l釅tc譎7孫折GxmJ冠??#徫H肢 舑€3/jL ??rC鵛H赫鵜y樘n>撲Z5鰏4遜t2髎家B$*]R@?;恳櫵楮M汓 颼f|討隣,c癶垇鲄%魿?+ ~Wqdz_T灇9FXO%Ju娔=?n?呾2?A栊R塢j?9榢DY侈^I墜鵀iN0斛?M抚挚赬円+.?掽u}欩*欫v曶s鳉擖| 燙y  鴪? ? endstreamendobj64 0 obj<>endobj65 0 obj<>stream H塡酝j跕嘟瀊柹"戎芄7ap艰u?v?de岱潗B墢#+玢€&鰢緵]歝溳闺?迒鳗夘/]煭 譾忘駃\?擞颓鹠幾C勃r鶑t?Ow靼m嘢|舔oSМ扛嘷汇K忥泺'^c?粫踠\祥}┣5簗鬼樾﹄輡J鼽消]眧^ m紞uШ磕琙プ芔o榈蒪唼w軯辷:7侩) |y礘o) 鎬婞厅孿2椚/?躯驗y忺庶婞茰悤Я绵滋k鋫笯鎏橬Ё用殚魀zc6d欭虨f尺2o戦黟 冃 0冃 0冃 0冃 0冃 0浮`C釂 6n(?p脌兀€?兀€?兀€_佾鑅?z暯奮eW佾鑅?z暯奮eW佾鑅鲫宜?wS歃躆睕r7舗瘦w3靎麱苛o麱苛o麱苛o麱苛o麱苛_X饕3胈 32〓xz駒葈望4c9獤'E浊嫌lF楊翺鯳€嵾& endstreamendobj68 0 obj<>stream H塴T PW漚Du欶柩钪ī狉 偁剙 欣 33#H@EDDG@Q饑騑馟 b寍?媌b饑焓f譽┷揋抖ak?仝zU缃{o烻甾鳘s3丳(碵岗蒈0暁?翨1?转暁蜕厹?7蛫@^H驥??夡漅3嶚N&0S鷍撘tx汊峋p~:c栳< 苢<镝>巪照儋曬壯F盠h氜廓鮈?Z獽谊6茟馡Ld匹鯇幷澈敱涓WF攲Aa認F?T?-塭|yGр5ul R0唜朰耆笫T?af瘞峌E炽I?嶀完 J~昨2:&a玁QETZ嶠_?.锄F呕O溴5z桚Oy匉*姥?4l,pcb豖丂? ? f 栙 T乂 H債Y  ?酙?秤fY媆EZQ栬滆[sr?s艓`?臮 ? 意鼊 &急 穦<駑oX-碕硓k`]"?蛼?)nR骴凵蒘?G]?肽6"?6g 褚v﹎筍c?硪靂忑黼H+躝^5m俅觾濥JYSz鉓n惽Y7EFs.松O^FP╚kV:賷楷海鶼頥鱎蚍扺譆B俙U="z)叵3哭記R喬,P?焙)螯-蛱们﹝4L嗝1_oYN蝆湋皣抮I期?餗蓠_Q^[?t]}怽樻r檥刲f雫p裚蒲臶垿诟u孅矶守~汗B噄€1b鯑(鯯yxZIq:?敜o/?Ghsz獐淊续苼曹⒔%詾襝{錷榨舋榧}椠痜X嫎绛呑D屷?蠠录頢;矣;鐲垓3?懝'掺沱鹭汅叉拂逯}槆稡譌芙Xq鵍僯藛ろT赍灾抂啨(1E|1??傼笮癟妮M=q=澋僕D??救w}q聶 娸参慼陣滹abG{}ギ魞|? 续螌Z焜楙瑋Z扙w ?U攥-h8h伔庼墨亲P蜑俘,Be渌C:熜R=c V4鈶#Q[鬰?騳H盇棎I醗? 8怬(??/,躺跂?P蓳M瞟聳"h1壬 9 oQ|框?卾N衹リJy9pMDS)医Xui笥AyoN揠?磾縦螻.$Ux 矡姼DH'fs!浥柁h 陳饇/AC ay/r喏 亄(侤猓G孏蜷K 睂态蘢9b臜坴a俟鵾葾? 7I}BWRk掝畳G5烩n棼蘁俐ufMd+?刧墔t{5g~矎 雴犩崍銶牅蔹Ov%贚⒇黧`羉 楐M贆F橄 j 墤趶g!lc嘎;碱彦囯湟n╓x汅qkL抹X溇9r謮軽雲?]rP嬔貉!琄 瘭锲$瓥调傱AX>裥E喁A庋!?(?v=○×柶髸rF媺%0欌?Z|蘙铳蹻沱襐蟋?禀Y7蝁3gq撽'炶?*褝?羨Eqga苢旱R羑飌簸崢Uc x慩j\LQ@啽F@哸窽`8歋9/俌#窭#^涄斧犏犏z?淉5h檾[[齙W辿唢}喵^鬏擣玂4灩谧瞝閿%繉?狰瘊? 龍4竈佯靭|棬喡2饍p坆!h╬z?纕灘hupVsF黂聉觶_8.逮藰捠%橹阠4?滦k哒<\苳~?C@PE母倝倃酙_塓V"?x@??鮎}O_1fV紣=bOS駦 椮;a藕潙YK76?#柧&狹妝3ぐ埌?M荥夹?梱鄪誯rE?亨碀ny"2[捥少CX%液諙帰\[~  啰爺矎SJb捹?9v宇釯@C= 羫?t[D:凇窾G€ &鐃牂杛椃L泀岻fr??C|%pm蟽N|T羀蓢G孇ZJ&跥6Q 縒?l4?驦忾鋼1?缠v诩批糣N.第*菇稖*s檧o蓮9?dpHO ̄ニCZ甆僁晭奍彵?鵮p&賦逨-Za? 熯冡^_?'噄p緐熜G厢6揶q恫S镁Y江襗?亗?髠V 屋€ Z 芘c杈將詞鵁揼drL凨=闖媥Ftm 顩叺Xt`秂Aけ皺 桞Kt豠O神 ?M?{x雉`K嘸u宸fe,奏o-9vrh榒緷]j(颦Z*tgj?猢鎎K 旣掿K?* F┸s[牷M熑晠hdr傇J{B$∥﹚譼糐滰L廌﹃jp4夀P榃橇?/t爍荓欴:4w{馯鈎m練]沍郖n有幸>(榻G?択%糚鉵=u裈橗嵟忛M焛玮腝爞yPc??厢接钨献P榘I旽舉臉?唁Я(袈 襜飭?孂恀P毗? 叱6緺{鱕y軃RN:燯T紁B桽)z罙 蜲縡at醨zffb€\Ax/呇脚% 8 魰 ?F`D践炧8餀`]僂蠳et娫,k罗雛皼u厳s伞N伨 瓅L鎒!M鷻 u*釥冤綽+簽O>m鑋C(隵O/遖H嗑3W?)V0$楅ycQ]J噁?紵 ~袩歀$y?毞毖[贰譸皷~稶?毆w快[皩粎辔3朷ba蒋赀#U脱?芈&&eG萰>+裔妯儿撷r}埾嗸^齋警垾碙迕Q駱8NF糼纋U<呣 2q琭欮梑u?xY韭!U8暜gr淗 喽b瞕U?伜扽昇Kn ┧(页su誒Yi敃埵FA◆凳阇F `#淺惂萦'丰FmAw%襱畱那H?妯k箿?2支#外}3韋2覬;颺衬閟鱍U筎C列萍頑9賈HA~{爺饟AMHI@m砶5蟵*霨2圐:庶?囧?T軹斢?3幝袢Z6甓鏧~&馒縿醃孲玔搇в蕠€G Lx圬_妟倞涴 濢綯糱€諗TZrl<>p漊鲀訐e泙z4?g纞Zd犱Rd牣1??q?畠烻{莲X&``?(鏂@_赨汌R尯閞D:(/U +?+めyLG頗闉灺3v鹞B_倇? 沊r$i毸?Ji 侏u訬矷楷y慺颏%H}爻鎳芁-g棴B 嵇.pZ誘俎?d?尯.k駘%宔|阘珞炆佸\%+F旫佟ì俬'DW齠毚BT艐?针qP_Ke@埵}炇U-C整E蕽E褪襈捹}敄涉怽⑩~r(]嘂闞fm襸,中覵cR拐[?kp.?vC侗C}蚫跧祉綀,?簧亶~^^诜[β迆睌箓|樆?畢r柕說n蒢顷捴?8鉜?鴽J{Jo/eEk楈y7W頁 踼抬攤x閘?涰D. wB?8諣朇8MM艮溦捁佌デ﹄8东5(? /宋vM 犷r痷/軷#eEMP睟T洎垔€?3 颽啓丄@喫厑 拭gtc饏?7k岄汑l諡翑鶕砄唛钣?~L盁HT劫M礚鱻袹<7妊H盤毓瑂鵏|邜h虆嫡LKC?#毙裳iMur遣胹_酁搙_(v竷c蛌a觤?佌?誄錘痆i逑?撋#d娀?#-櫭蘭;+駕氋倮0 覙澭4隇泖?X2/茮嫁薗顾!cK:榸koc 3`轘?㊣;?揑埽讙L灗Gˇ岅? ?I更牓dぴ撖閷韯R銻隺]bVAvAO X嗙羄I?縹?c9h?絊帋 Z;!7<疊挹殆鰒~-6╧?d毩<悕快,?8vM"蔟霵!辳瘈/?]€軽\)}艞ae`oI嬼捁阫樛B猼辚D%濭萰琰 ?hd鄒赖玑昊0o ?郆'iU?/Q澪?[熠 溹將髍怨26Y咧艭(:?乡坝f湿kK}S#_苲府硙0菄 D詮x間Kv蚭鼏cG荈巘鰌>狷镀j赙漵;`欚e喢2:捳q侢]z碑凖W鳒鼾?峢縏I渠哥? 瀼~块炳瓙恿楾c孴DdE暼PV?c吭藪x蛞ね徉MG馷鴢砻.]}?婀彮=#μ???蹬柁nof暝证F甪o菕砟赊,= 俘鶑 %攪SdC5鉄,哟][顲啀j€?с騝矩弃麥債0霙僀 k鲴?,拉礋F咝菆?覶薩S牰軮昭,B尠O5鄅槤褅涧У?J╈@T?^隢6€幟N"&?:6-z??Q|毻肊)稿/b?苚鈛肆鏈乊諮邌咊脷拗1鯲泾灗"A溮???1勂.??弎儲O唂s[字謲豋?萑/O竷/IW*螯禍 鷽备潼椑9沅余'; 儁aw鈐箿|纂勢l礟詣浅舤{]5蘭?喧]棰槓5[蒟捚眗T舁鐺_阭罹_儥攖瓦赚HGx罆簑%Rf薳?hwl廂 ?Hv铀?:惷k%U妸F鎠r$ 妖茦}a?欃?W`-V姥Y戤覊gu鱛韦1嬷рΞ苠崐 PlU盦p |'屈6b恆)c5泎??靛嫉指袻ac?萪wD諍N?翌慂K?6p躼F籃茳槭?豌U) KA蒑?f檲啵阳邳偊0&v欛+崂K嘩莂^囒L6灔颯會渜2N;We/?椏机旾慂?t玔塉酋?慆??4檺€甾ooc秘俲I~歟?8xK{?芝┣盿貒稑崷OI挡椒?7m?p頔S?{噉粜彧桂??1:揂帯N鲫痃≌PA嶨#溼sG勼趴e匳枞"彚eI{蘴 o*?葿郈瘏膿炳創鋋%岶 撖S覊S鹙嚋6狁徘?畕?g暄€x撓饣瘖@=堓 纺(MX#6辡Q:蓷a珉燛鬴K 孫$躡澇坛)佌? 颹€M沣qW<粦wh4蓏鯌j@?!费C 汊鎋i 9蚟码颛?@?鵜??郠襁)嵢窜aP 匉Q5J丙`韼躤欤q嵣謻jx磭Sr?T鎐飦轥*曖 xXJC龈],WH鞤輱0M:免揸itt蘒熛?x嫉U24(W??E|鋆pma凟>7$\ 癥lB?-涗唽Z埭o5*a<妗 >6团91玻至N 凍黀踒1嶋???鮩a%Q?X(l?藓裘?罈Iq竫it?錒 xJ鶻r y,y ?劶蹍溞Y悢仒P勷?攣麘發浙簗 嶞*碟i4gG8 $€钂f亦Lz(且v泷?哈灉?_4?蘓粷!?莆f驰72窗y獞'5驻佡V 痰l蚍@"晓楙祊R烌紋亏^餜g ][?c醺9疅鋅郎擆x?|鵈 X碠\浻冽?P9d€鳋?t|鯯v? 0 7 endstreamendobj52 0 obj<>endobj53 0 obj<>endobj62 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 36 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.026 Tc 0.082 Tw 13 0 0 13 56.6929 773.5878 Tm [(In)1 ( )0.5 (the)1 ( )0.5 (second)1 ( )0.6 (half)1 ( )0.5 (of)1 ( )0.5 (2)1 (0)1 (2)1 (4)1 (,)1 ( )0.5 (the)1 ( )0.5 (securities)1 ( )0.5 (industry)1 ( )0.6 (still)1 ( )0.5 (needs)1 ( )0.5 (to)1 ( )0.5 (cope)1 ( )0.6 (with)1 ( )0.5 (challenges)1.1 ( )]TJ 0.028 Tc 0.08 Tw 0 -1.231 Td [(of)3 ( )0.5 (market)3 ( )0.5 (volatility,)3 ( )0.5 (tighter)3 ( )0.5 (regulation)3 ( )0.5 (and)3 ( )0.5 (intensified)3 ( )0.5 (market)3 ( )0.5 (competition,)3 ( )0.5 (but)3 ( )0.5 (it)2.9 ( )0.5 (also)3 ( )]TJ 0.043 Tc 0.07 Tw 0 -1.231 Td [(faces)12.6 ( opportunities)12.6 ( such)12.6 ( as)12.5 ( comprehensive)12.6 ( deepening)12.5 ( of)12.6 ( capital)12.5 ( market)12.6 ( reform)12.6 ( and)18 ( )]TJ 0.047 Tc 0 -1.231 Td [(d)0.5 (e)0.5 (ve)0.5 (l)0.5 (op)0.5 (m)0.5 (e)0.5 (nt)13 ( )0.5 (of)13 ( )0.5 (f)0.5 (in)0.5 (a)0.5 (n)0.5 (ci)0.5 (a)0.5 (l)13 ( t)0.5 (e)0.5 (c)0.5 (h)0.5 (no)0.5 (l)0.5 (og)0.5 (y)0.5 (.)12.9 ( )0.5 (Z)0.5 (he)0.5 (s)0.5 (h)0.5 (a)0.5 (ng)13 ( )0.5 (Se)0.5 (c)0.5 (u)0.5 (r)0.5 (it)0.5 (i)0.5 (e)0.5 (s)12.9 ( )0.5 (w)0.5 (i)0.5 (ll)13 ( )0.5 (pa)0.5 (y)13 ( )0.5 (cl)0.5 (o)0.5 (s)0.5 (e)12.9 ( )0.5 (a)0.5 (t)0.5 (te)0.5 (n)0.5 (t)0.5 (io)0.5 (n)22 ( )]TJ 0.046 Tc 0 -1.231 Td [(to)12.5 ( market)12.4 ( dynamics)12.5 ( and)12.5 ( policy)12.4 ( changes,)12.5 ( actively)12.5 ( seize)12.5 ( development)12.5 ( opportunities,)21.1 ( )]TJ 0.025 Tc 0.083 Tw 0 -1.231 Td [(and )0.5 (enhance )0.5 (its )0.5 (risk )0.5 (management )0.5 (capabilities; )0.5 (focus )0.5 (on )0.5 (growing )0.5 (demand )0.5 (of )0.5 (corporate )]TJ 0.057 Tc 0.07 Tw 0 -1.231 Td [(clients,)12.5 ( continue)12.6 ( to)12.6 ( enrich)12.5 ( and)12.6 ( improve)12.6 ( integrated)12.6 ( financial)12.6 ( services,)12.5 ( and)12.6 ( deeply)32 ( )]TJ 0.042 Tc 0 -1.231 Td [(integrate)12.7 ( into)12.6 ( and)12.6 ( serve)12.7 ( real)12.7 ( economy;)12.7 ( enhance)12.7 ( its)12.7 ( overall)12.7 ( competitiveness)12.7 ( through)17 ( )]TJ 0.083 Tc 0 -1.231 Td [(comprehensive)12.9 ( synergy)12.9 ( of)12.9 ( business,)12.9 ( resources)12.9 ( and)12.9 ( strategies,)12.9 ( forming)12.9 ( a)12.9 ( new)58 ( )]TJ 0.025 Tc 0.039 Tw 0 -1.231 Td (development engine; coordinate and optimize resource allocation structur\e, effectively )Tj 0.057 Tc 0.07 Tw 0 -1.231 Td [(enhance)12.1 ( operational)12.1 ( efficiency,)12.1 ( and)12.1 ( accelerate)12.1 ( to)12 ( foster)12.1 ( a)12.1 ( medium-to-large-sized)32 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (securities firm.)Tj 0.051 Tc 0.07 Tw 0 -2.462 Td [(In)12.2 ( the)12.2 ( face)12.1 ( of)12.1 ( complex)12.1 ( domestic)12.1 ( and)12.1 ( international)12.1 ( state)12.1 ( of)12.1 ( affairs,)12.2 ( the)12.2 ( Group)12.1 ( will)26 ( )]TJ 0.025 Tc 0.075 Tw 0 -1.231 Td (continue to strengthen its market awareness and business mindset as well\ as focus on )Tj 0.034 Tw 0 -1.231 Td (improving its core competitiveness to boost high-quality and sustainable\ development. )Tj 0.072 Tc 0.07 Tw 0 -1.231 Td [(T)0.5 (h)0.6 (e)13 ( )0.5 (G)0.6 (r)0.5 (o)0.5 (u)0.5 (p)13 ( )0.6 (w)0.5 (i)0.5 (l)0.6 (l)13 ( )0.5 (m)0.5 (a)0.6 (k)0.5 (e)13 ( )0.6 (e)0.5 (v)0.5 (e)0.5 (r)0.6 (y)13 ( )0.5 (e)0.6 (f)0.5 (f)0.5 (o)0.6 (r)0.5 (t)13 ( )0.5 (t)0.6 (o)13 ( )0.5 (s)0.5 (a)0.6 (f)0.5 (e)0.6 (g)0.5 (u)0.5 (a)0.5 (r)0.6 (d)13 ( )0.5 (p)0.5 (r)0.6 (o)0.5 (g)0.5 (r)0.5 (e)0.6 (s)0.5 (s)13 ( )0.6 (o)0.5 (f)13 ( )0.5 (r)0.6 (e)0.5 (c)0.5 (o)0.6 (n)0.5 (s)0.5 (t)0.5 (r)0.6 (u)0.5 (c)0.5 (t)0.5 (i)0.6 (o)0.5 (n)13 ( )0.5 (a)0.6 (n)0.5 (d)47 ( )]TJ 0.025 Tc 0.058 Tw 0 -1.231 Td [(expansion of existing expressways, and )0.5 (promote investment and merger )0.5 (& )0.5 (acquisition )]TJ 0.058 Tc 0.07 Tw 0 -1.231 Td [(of)12.5 ( high-quality)12.6 ( expressway)12.6 ( projects)12.5 ( to)12.5 ( continuously)12.6 ( expand)12.6 ( the)12.6 ( scale)12.5 ( of)12.5 ( its)12.5 ( core)33 ( )]TJ 0.026 Tc 0.082 Tw 0 -1.231 Td [(business;)1 ( )0.5 (focus)1 ( )0.5 (on)1 ( )0.5 (intelligent)1 ( )0.5 (transportation,)1 ( )0.5 (integration)1 ( )0.5 (of)1 ( )0.5 (transportation)1 ( )0.5 (and)1 ( )0.5 (energy,)1 ( )]TJ 0.052 Tc 0.07 Tw 0 -1.231 Td [(and)12.8 ( expressway-related)12.9 ( economy,)12.9 ( give)12.9 ( full)12.9 ( play)12.9 ( to)12.8 ( advantages)12.9 ( of)12.8 ( resources)12.9 ( along)27 ( )]TJ 0.049 Tc 0 -1.231 Td [(expressways,)12.8 ( and)12.8 ( plan)12.9 ( to)12.9 ( cultivate)12.9 ( new)12.8 ( points)12.8 ( of)12.9 ( industrial)12.8 ( growth;)12.8 ( accelerate)12.8 ( the)24 ( )]TJ 0.052 Tc 0 -1.231 Td [(process)12.4 ( of)12.4 ( digitalization,)12.5 ( promote)12.4 ( the)12.4 ( inclusion)12.4 ( of)12.4 ( data)12.4 ( assets)12.4 ( into)12.4 ( the)12.4 ( statements)27 ( )]TJ 0.04 Tc 0 -1.231 Td [(of)12.5 ( financial)12.5 ( position,)12.5 ( and)12.5 ( strive)12.5 ( to)12.5 ( improve)12.6 ( the)12.5 ( transformation)12.6 ( and)12.6 ( industrialization)15 ( )]TJ 0.036 Tc 0.072 Tw 0 -1.231 Td [(capacity)11 ( )0.5 (for)11 ( )0.5 (innovation)11 ( )0.5 (results,)11 ( )0.5 (so)11 ( )0.5 (as)11 ( )0.5 (to)11 ( )0.5 (empower)11 ( )0.5 (high-quality)11 ( )0.5 (development)11 ( )0.5 (through)11 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (digital and intelligent technology.)Tj /T1_1 1 Tf 0 -2.462 Td (IMPORTANT EVENTS OCCURRED SINCE THE END OF THE PERIOD)Tj /T1_0 1 Tf 0 -2.462 Td (There have been no important events affecting the Group since the end of\ the Period.)Tj /T1_1 1 Tf 0.081 Tc 0.07 Tw 0 -2.462 Td [(PURCHASE,)12.4 ( SALE)12.4 ( AND)12.4 ( REDEMPTION)12.3 ( OF)12.3 ( THE)12.3 ( COMPANY\222S)12.3 ( LISTED)56 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (SECURITIES)Tj /T1_0 1 Tf 0.03 Tc 0.078 Tw 0 -2.462 Td [(Save)5.1 ( )0.5 (as)5 ( )0.5 (disclosed)5 ( )0.5 (herein,)5 ( )0.5 (neither)5 ( )0.5 (the)5.1 ( )0.5 (Company)5 ( )0.5 (nor)5 ( )0.5 (any)5 ( )0.5 (of)5 ( )0.5 (its)5 ( )0.5 (subsidiaries)5 ( )0.5 (purchased,)5 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (sold, redeemed or cancelled any of the Company\222s listed securities du\ring the Period.)Tj ET endstreamendobj60 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 35 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf -0.025 Tw 13 0 0 13 56.6929 773.5878 Tm (OUTLOOK)Tj /T1_0 1 Tf 0.036 Tw 0 -2.462 Td (Looking ahead to the second half of 2024, geopolitical tensions are unli\kely to ease in )Tj 0.005 Tw 0 -1.231 Td (the short term, and )Tj -0.025 Tw (results)Tj 0.005 Tw ( of elections in many countries will affect the global political )Tj 0.051 Tc 0.07 Tw 0 -1.231 Td [(and)12.9 ( economic)12.9 ( landscape,)12.9 ( with)12.9 ( instability)12.8 ( and)12.9 ( uncertainty)12.9 ( in)12.8 ( external)12.8 ( environment)26 ( )]TJ 0.044 Tc 0 -1.231 Td [(on)12.6 ( the)12.6 ( rise.)12.6 ( China)12.7 ( is)12.6 ( still)12.6 ( in)12.6 ( a)12.7 ( critical)12.6 ( period)12.6 ( of)12.6 ( economic)12.6 ( recovery,)12.6 ( transformation)19 ( )]TJ 0.05 Tc 0 -1.231 Td [(and)12.2 ( upgrading,)12.2 ( and)12.3 ( the)12.2 ( government)12.2 ( will)12.2 ( actively)12.2 ( embrace)12.3 ( various)12.2 ( difficulties)12.3 ( and)25 ( )]TJ 0.041 Tc 0 -1.231 Td [(challenges)12.3 ( in)12.3 ( the)12.3 ( current)12.3 ( economic)12.3 ( development,)12.3 ( adhere)12.3 ( to)12.4 ( the)12.4 ( general)12.3 ( principle)12.3 ( of)16 ( )]TJ 0.042 Tc 0 -1.231 Td [(seeking)12.9 ( progress)12.9 ( while)12.8 ( maintaining)12.9 ( stability,)12.9 ( accelerate)12.9 ( the)12.9 ( establishment)12.9 ( of)12.8 ( a)12.9 ( new)17 ( )]TJ 0.025 Tc 0.075 Tw 0 -1.231 Td (development pattern, continue to foster and strengthen new quality produ\ctive forces, )Tj 0.044 Tc 0.07 Tw 0 -1.231 Td [(and)12.8 ( make)12.8 ( greater)12.8 ( efforts)12.8 ( to)12.9 ( stimulate)12.8 ( market\222s)12.8 ( vitality)12.8 ( and)12.8 ( inherent)12.8 ( momentum,)12.8 ( so)19.1 ( )]TJ 0.059 Tc 0 -1.231 Td [(as)12.2 ( to)12.3 ( consolidate)12.3 ( and)12.3 ( enhance)12.3 ( economic)12.3 ( upturn)12.3 ( momentum.)12.3 ( On)12.2 ( the)12.2 ( premise)12.3 ( that)34 ( )]TJ 0.033 Tc 0.075 Tw 0 -1.231 Td [(macro-economy)8 ( )0.5 (continues)8 ( )0.5 (to)8 ( )0.5 (improve,)8 ( )0.5 (overall)8 ( )0.5 (traffic)8.1 ( )0.5 (volume)8 ( )0.5 (and)8 ( )0.5 (toll)8 ( )0.5 (revenue)8 ( )0.5 (of)8 ( )0.5 (the)8 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Group\222s expressways are expected to achieve continued growth.)Tj 0.049 Tc 0.07 Tw 0 -2.462 Td [(The)12.3 ( Group)12.3 ( shall)12.3 ( focus)12.2 ( on)12.2 ( its)12.2 ( main)12.3 ( responsibilities)12.3 ( and)12.2 ( businesses,)12.3 ( while)12.3 ( continue)24 ( )]TJ 0.06 Tc 0 -1.231 Td [(to)12.9 ( pursu)0.5 (e)12.9 ( the)12.9 ( service-centered,)12.9 ( profit-c)0.5 (entere)0.5 (d,)12.9 ( and)12.9 ( brand-centered)12.9 ( development)35 ( )]TJ 0.047 Tc 0 -1.231 Td [(strategies.)12.9 ( For)12.9 ( the)12.9 ( profit-centered)12.9 ( strategy,)12.9 ( the)12.9 ( Group)12.9 ( will)12.9 ( devote)12.9 ( greater)12.9 ( effort)12.8 ( in)22 ( )]TJ 0.051 Tc 0 -1.231 Td [(\223discounts)12.3 ( for)12.3 ( designated)12.3 ( trips)12.4 ( \()]TJ /C0_0 1 Tf 0.039 Tc -0.039 Tw 14.682 0 Td <0D7A101009D4>Tj /T1_0 1 Tf 0.051 Tc 0.07 Tw 3.241 0 Td [(\)\224)12.4 ( for)12.3 ( trucks,)12.3 ( \223expressway)12.4 ( +)12.3 ( tourism\224)12.3 ( and)26 ( )]TJ 0.036 Tc 0.072 Tw -17.923 -1.231 Td [(other)11 ( )0.5 (activities)11 ( )0.5 (to)11 ( )0.5 (attract)11 ( )0.5 (traffic)11 ( )0.5 (to)11 ( )0.5 (generate)11.1 ( )0.5 (revenue,)11 ( )0.5 (while)11 ( )0.5 (implementing)11 ( )0.5 (cost)11 ( )0.5 (quota)11 ( )]TJ 0.025 Tc 0.048 Tw 0 -1.231 Td (management, independent operation and maintenance of toll station electr\omechanical )Tj 0.049 Tc 0.07 Tw 0 -1.231 Td [(equipment,)12.8 ( and)12.8 ( other)12.8 ( initiatives,)12.8 ( in)12.8 ( order)12.8 ( to)12.8 ( improve)12.8 ( operating)12.8 ( efficiency)12.9 ( through)24 ( )]TJ 0.024 Tc 0 Tw 0 -1.231 Td [(striving to promote cost reduction and efficiency enhancement; for the s\ervice-centered)-1 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(strategy,)4 ( )0.5 (the)4.1 ( )0.5 (Group)4 ( )0.5 (will)4 ( )0.5 (deepen)4 ( )0.5 (the)4.1 ( )0.5 (management)4 ( )0.5 (of)4 ( )0.5 (congested)4 ( )0.5 (sections,)4 ( )0.5 (and)4 ( )0.5 (focus)4 ( )0.5 (on)4 ( )]TJ 0.022 Tc 0 Tw 0 -1.231 Td [(p)0.5 (r)0.5 (o)0.5 (mo)0.5 (t)0.5 (i)0.5 (n)0.5 (g )0.5 (i)0.5 (n)0.5 (t)0.5 (e)0.5 (n)0.5 (s)0.5 (iv)0.5 (e)0.5 ( )0.5 (c)0.5 (o)0.5 (n)0.5 (s)0.5 (tr)0.5 (u)0.5 (c)0.5 (t)0.5 (i)0.5 (o)0.5 (n )0.5 (a)0.5 (t)0.5 ( )0.5 (n)0.5 (i)0.5 (gh)0.5 (t)0.5 ( )0.5 (a)0.5 (n)0.5 (d )0.5 (t)0.5 (h)0.5 (e)0.5 ( )0.5 (a)0.5 (p)0.5 (pl)0.5 (i)0.5 (c)0.5 (a)0.5 (t)0.5 (i)0.5 (on)0.5 ( )0.5 (o)0.5 (f)0.5 ( )0.5 (p)0.5 (re)0.5 (v)0.5 (e)0.5 (n)0.5 (t)0.5 (i)0.5 (ve)0.6 ( m)0.5 (a)0.5 (i)0.5 (n)0.5 (t)0.5 (e)0.5 (na)0.5 (n)0.5 (c)0.5 (e)-3 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(technology)4 ( )0.5 (to)4.1 ( meet)4 ( )0.5 (the)4 ( )0.5 (needs)4 ( )0.5 (of)4 ( )0.5 (users)4 ( )0.5 (for)4 ( )0.5 (better)4 ( )0.5 (travel)4 ( )0.5 (through)4 ( )0.5 (ensuring)4 ( )0.5 (the)4 ( )0.5 (safe)4 ( )0.5 (and)4 ( )]TJ 0.051 Tc -0.051 Tw 0 -1.231 Td [(unimpeded)12.9 ( )]TJ 5.258 0 Td (expressways)Tj 0.07 Tw [(;)12.9 ( for)12.9 ( the)12.9 ( brand-centered)12.9 ( strategy,)12.9 ( the)12.9 ( Group)12.9 ( will)12.9 ( continue)26 ( )]TJ -5.258 -1.231 Td [(to)12.6 ( make)12.6 ( efforts)12.5 ( in)12.5 ( its)12.6 ( main)12.6 ( business)12.6 ( brands,)12.6 ( such)12.6 ( as)12.5 ( \223Intelligent)12.5 ( Driving)12.5 ( Forward)26 ( )]TJ 0 Tc 0 Tw 0 -1.231 Td (\()Tj /C0_0 1 Tf 0.038 Tc -0.038 Tw 0.371 0 Td <0C7D03AF0411>Tj /T1_0 1 Tf 0.051 Tc 0.07 Tw 3.24 0 Td [(\)\224)12.6 ( APP,)12.6 ( introduce)12.7 ( groups)12.7 ( and)12.6 ( enterprises)12.6 ( standards)12.6 ( related)12.6 ( to)12.6 ( expressway)26 ( )]TJ 0.025 Tc 0.065 Tw -3.612 -1.231 Td (operation and management, and strengthen the feedback on the implementat\ion of the )Tj 0.039 Tc 0.07 Tw 0 -1.231 Td [(standardized)12.2 ( manual)12.2 ( for)12.2 ( the)12.2 ( operation)12.1 ( and)12.1 ( management)12.1 ( of)12.2 ( Yonglan)12.1 ( Expressway,)12.2 ( so)14 ( )]TJ 0.025 Tc 0.075 Tw 0 -1.231 Td (as to constantly form a recognizable brand system, technical system and \management )Tj 0 Tw 0 -1.231 Td (standards for the purpose of enhancing its influence in the industry.)Tj ET endstreamendobj61 0 obj<>endobj69 0 obj[70 0 R]endobj70 0 obj<>endobj71 0 obj<>endobj72 0 obj<>endobj73 0 obj<>stream H塲`?P```"F#渀`p牔 h Qx?^圷皙?礎@€譔 endstreamendobj74 0 obj<>stream H塗UkTSW釣{隁ug崺??襔[逺憘 嶧濽 驋? 匿纨N?@x XJ廟λ畈闾羟坦x鈀s?溄牺叻戏?$44擫NKJKL{3Y(*蚈<践Ha~A账喦r歅喯!エ喙,︹琞絩g猈羏玏9瘒€蠵憳ZP梉v&顯?v淤h羴豺 /+ bw熵.8PPX?8QW?埾??┦?圎^p黣Vムx^e迏昙?1 ?錷滏濢竿撬JrJ?晽噭?+Z& ?効緅y嚋??委╛?,dgi匘咲布馘稅關A杩?唝聈緵8更沇^泓)蝙講r?櫃呵渁p绑埕t 5?`?譟産/鳣 F?j /捝^?_誀6窂涥,前<.斛寵{堢軡Q?铧TSo屣樒?Q缫敫y?娥#a踧R-烏|f~r~?链傳 1鬙32h籙R悠kTcBMbA 罰懬H+ij?服l_鱌?v顛婯"Zq筞蜴'竞債2扜廱h'?癵1-C薬衃 M品/S*羾嬽碮嬈燗 泡娑V-蚭FA潴橸r镡? 鵄息〨胫;笘瀪Zb冽J塒蘗臬8臅7K/猟ザ暒??^羲ca卍?R0,瘅G?檵橋]61饧姗L淂邷墈陶 飥竼盒2[|?[J@棕鹴-骥屁啁糡^Z奕繏:y鮼锍.毭kn?? nr忚送(&'~砮榥礀;熟癖:ai寑]L@漿Ig暕聑罺.>6◇XE穐*k鸫嬓R!S书稻,W篞HHmb粰咤桊4娖rGN{Y巄Vb-耳鍁?韂r礙l艝醉Y∶EU?' J幣!膲~?刵~g~悲Iy屩籬€村ⅱQ:蹟;4^耔bR詧韘穣恅妏槵.骍y拐島②:"x ^!玗"G?.6&v?秂j厗?烴齳軮5揙鰰`Z初拋荄_櫡蔥-罩/?髹缨0?`??M?啽鄆\2k稥=?x蟋兏赵cn2'郀rr? 垞'瞥dt婰?愵*昩囂v8诲<偢d撿E媊訖'U肯糫驙U/座c:謃\6藢:価儆+?刀峃 k叺?噾i]c 憏諃V!A┵_梊??ehw沵?钣間?N餴4塰h?坉轠?絜g苯件丐赾q?髦茳趽3H犼殇跆飛=n&赆[pn錳{?g洃挓9)襄溅D竢璅?掝u_w]駘彖 瑗枖T^1 踪:漽珫k衁5印C焕Pf璐╉伎佂鑍v\塋.5岛%捂O?悹(bC 鯖k? 负堻髓OW櫇]锹﹨}M篵徟m 蒇獐r%填涋遄vj:U}铁n&0镣磥鴩資鲛/卷r竒?]詤競儏r?+ョAPe锭秂 a:珝娥郪€6" 叀?>*\抍櫄R[扲j曐礮椵蟙vfv慘+?巸襤駃烺EE/?C閤齖?荅釜鯑S?(掽誒z"檘弳匮H| 魰?晭uPP蔱召鍿龀箘阩龆z毤Me纜郄$ 熧€簾唵肁pI?觜  韓悼ю姊 t紖奥き菀H骍噐N蚕茛慾e6;鍲b襴i鰖砸c旣积績??}F皵佬逖?BkMkw崐?瞅3竡p9hw岅kLJP{l]揭nn摣諺o?嫭zE3?m鎗e櫥伒樆扽?坊?灏躢洩?猃鐐輨烧籅:E>@c0娄Q湌烽X?`铄xmkY[谘醯鲻qz镯m粫裿/趰n?c`岶蠉u究滀$琰具巷4 颉標$U渁k;?┨k緋學?&0?惓瘸L& /柍.?c逎īHB疰暽俷觮\P'褛m兄駲"q 丂嘓jb$k捳霗獫糹颕I梹M?魤|(蚷怕4玗羽reoe萤岜羜鶺蠻mm办爥Iuq? €灗葌鐤招V放Ч;姵?卖頇5耡Q鬯駵G|岙>礁u|S复棑8●!%?蔨F!絔gm硪??Q#Y?脃窛E?囼艭聞悦叟B(*v疔嗀*遛M穛apX.' 擭兼?蜮p嘑?T恉蓔瞤 r=i?聮l2 嚉?l K@M猅A嶎B堇匴仮鍎.彾B稶A簊?z霷?棥胮)頑tHV稝齃Li?D慏w[??6R$ h :潒W庸^W€.蔓茶&^皏C o釨@搐?藖%?Y???:{#陑Z#亨!I%钨?KV誔嬁NU鈷簋`氻 ﹒#絇2芍+Ia梨E~喥O鸡鲹塌X豃a潄7L蹭O副澛觬7C蝰n椅<6?僷玎?v€婼鲑〖HJ踖@?]巩6c筫GZ砖XB1馊镁繘a鏛4ㄆa?d jJ蜵嵞奎 ?琯v+緡 =|勩嗲竀q?粙<? a瘇}恹筮养 j捎嵜襡ttu陧F牺g賕3?系铽 {r莤I娗?鯸驦{o竳?夲&?I徜昋FgqZW9a{M鏋武!顮絽靼免t?导JB_葎JO硔醳邹兪惝a磷[稲宪!!?⒆O ┧緛伬愋 ?y挰勈 Q巁r漧疦}|#|{樖| ]?1瑬砀斬嗑x脤~Fxg[鯯培h錋.颁(痦i+i,莼3讓`*9:琏藙羛o猕?-啸 ?燑W l?郕雱?6麤江T 鑙D迱[IX 毜5昸;阺曔嬘鉐L劒儃z犍h4*yh??蠍策q葇s棛??Z┦?! H}CdE邧齊妩3嘱?v;7I幠-~7BB楑扯O;馭WqV 斥殍谖9|V絽鏋嫱xUe_L割Q7X簆巎~b猎C1稪5寰亏鄢? endstreamendobj59 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 34 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 56.6929 773.5878 Tm (Contingent liabilities and pledge of assets)Tj /T1_0 1 Tf 0.033 Tc 0.075 Tw 0 -2.462 Td [(The)8 ( )0.5 (Company)8 ( )0.5 (and)8 ( )0.5 (Shaoxing)8 ( )0.5 (Communications)8 ( )0.5 (Investment)8 ( )0.5 (Group)8 ( )0.5 (Co.,)8 ( )0.5 (Ltd.)8 ( )0.5 (\(the)8 ( )0.5 (other)8 ( )]TJ 0.024 Tc 0 Tw 0 -1.231 Td [(joint venture partner that holds 50% equity interest in Shengxin Co\) pr\ovided Shengxin)-1 ( )]TJ 0.025 Tc 0.022 Tw 0 -1.231 Td (Co with joint guarantee for its bank loans of Rmb2.20 billion, in accord\ance with their )Tj 0.009 Tw 0 -1.231 Td (proportionate equity interests in Shengxin Co. As at June 30, 2024, the \remaining bank )Tj 0 Tw 0 -1.231 Td (loan balance was Rmb481.00 million.)Tj 0.058 Tc 0.07 Tw 0 -2.462 Td [(Zhejiang)12.1 ( Zhoushan)12 ( Bay)12.1 ( Bridge)12.1 ( Co.,)12 ( Ltd.,)12.1 ( a)12.1 ( subsidiary)12.1 ( of)12 ( the)12.1 ( Company,)12 ( pledged)33 ( )]TJ 0.037 Tc 0.071 Tw 0 -1.231 Td [(its)12 ( )0.5 (rights)12 ( )0.5 (of)12.1 ( )0.5 (toll)12 ( )0.5 (on)12 ( )0.5 (expressway)12 ( )0.5 (for)12.1 ( )0.5 (its)12 ( )0.6 (bank)12 ( )0.5 (borrowing,)12 ( )0.5 (and)12 ( )0.5 (as)12 ( )0.5 (at)12 ( )0.5 (June)12 ( )0.5 (3)12 (0)12 (,)12 ( )0.5 (2)12 (0)12.1 (2)12 (4)12 (,)12 ( )0.5 (the)12.1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (remaining bank loan balance was Rmb5,173.70 million.)Tj 0.079 Tw 0 -2.462 Td (Deqing County De\222an Highway Construction Co., Ltd., a subsidiary of t\he Company, )Tj 0.052 Tc 0.07 Tw 0 -1.231 Td [(pledged)12.6 ( its)12.6 ( trade)12.6 ( receivables)12.6 ( for)12.6 ( its)12.6 ( bank)12.6 ( borrowing,)12.6 ( and)12.6 ( as)12.6 ( at)12.5 ( June)12.6 ( 3)12.6 (0)12.6 (,)12.6 ( 2)12.5 (0)12.6 (2)12.6 (4)12.6 (,)12.6 ( the)27 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (remaining bank loan balance was Rmb466.01 million.)Tj 0.081 Tc 0.07 Tw 0 -2.462 Td [(LongLiLiLong)12.6 ( Co)12.5 ( a)12.6 ( subsidiary)12.6 ( of)12.6 ( the)12.6 ( Company,)12.6 ( pledged)12.6 ( its)12.6 ( rights)12.6 ( of)12.6 ( toll)12.6 ( on)56 ( )]TJ 0.028 Tc 0.08 Tw 0 -1.231 Td [(e)0.5 (x)0.5 (p)0.5 (r)0.5 (e)0.6 (s)0.5 (s)0.5 (w)0.5 (a)0.5 (y)3 ( )0.5 (f)0.5 (o)0.5 (r)3 ( )0.6 (i)0.5 (t)0.5 (s)3 ( )0.5 (b)0.5 (a)0.5 (n)0.5 (k)3 ( )0.5 (a)0.5 (n)0.5 (d)3 ( )0.5 (o)0.5 (t)0.5 (h)0.5 (e)0.6 (r)3 ( )0.5 (b)0.5 (o)0.5 (r)0.5 (r)0.5 (o)0.5 (w)0.5 (i)0.5 (n)0.6 (g,)3.1 ( a)0.6 (n)0.5 (d)3 ( )0.5 (a)0.5 (s)3 ( )0.5 (a)0.5 (t)3 ( )0.5 (J)0.5 (u)0.5 (n)0.6 (e)3 ( )0.5 (3)3 (0)3 (,)3 ( )0.5 (2)3 (0)3 (2)3 (4)3 (,)3 ( )0.5 (t)0.5 (h)0.5 (e)3 ( )0.5 (r)0.5 (e)0.5 (m)0.5 (a)0.6 (i)0.5 (n)0.5 (i)0.5 (n)0.5 (g)3 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (bank and other borrowing balance was Rmb8,914.82 million.)Tj 0.042 Tw 0 -2.462 Td [(Jiaxing Zhajiasu )0.5 (Expressway Co., Ltd., )0.5 (a )0.5 (subsidiary of the )0.5 (Company, pledged its )0.5 (right )]TJ 0.027 Tc 0.081 Tw 0 -1.231 Td [(of)2 ( )0.5 (toll)2 ( )0.5 (on)2 ( )0.5 (expressway)2 ( for)2 ( )0.5 (its)2 ( )0.5 (bank)2 ( )0.5 (borrowing,)1.9 ( )0.5 (and)2 ( )0.5 (as)2 ( )0.5 (at)2 ( )0.5 (June)2 ( 3)2 (0)2 (,)2 ( )0.5 (2)2 (0)2 (2)2 (4)2 (,)2 ( the)2 ( )0.5 (remaining)2 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (bank loan balance was Rmb1,243.36 million.)Tj 0.073 Tc 0.07 Tw 0 -2.462 Td [(Zheshang)12.5 ( International)12.6 ( Financial)12.5 ( Holding)12.5 ( Co.,)12.6 ( Ltd.,)12.6 ( a)12.6 ( subsidiary)12.6 ( of)12.5 ( Zheshang)48 ( )]TJ 0.046 Tc 0 -1.231 Td [(Sec)0.5 (urities,)12.9 ( pled)0.5 (ged)12.9 ( its)12.9 ( cus)0.5 (tomers\222)12.9 ( s)0.5 (tock)12.9 ( for)12.9 ( i)0.5 (ts)13 ( bank)12.9 ( borro)0.5 (wing,)12.9 ( and)12.9 ( a)0.5 (s)12.9 ( at)12.9 ( June)13 ( 3)12.9 (0)12.9 (,)21 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (2024, the remaining bank loan balance was Rmb77.38million.)Tj 0.019 Tw 0 -2.462 Td (Except for the above, as at June 30, 2024, the Group did not have any ot\her contingent )Tj 0 Tw 0 -1.231 Td (liabilities, pledge of assets or guarantees.)Tj /T1_1 1 Tf 0 -2.462 Td (Foreign exchange exposure)Tj /T1_0 1 Tf 0.074 Tw 0 -2.462 Td (During the Period, save for \(i\) dividend payments to the holders of H \shares in Hong )Tj 0.046 Tc 0.07 Tw 0 -1.231 Td [(K)0.5 (ong)13 ( d)0.5 (ol)0.5 (la)0.5 (rs;)13 ( \()0.5 (ii)0.5 (\))12.9 ( )0.5 (Zhe)0.5 (s)0.5 (han)0.5 (g)12.9 ( )0.5 (In)0.5 (te)0.5 (rn)0.5 (at)0.5 (ion)0.5 (al)13 ( Fi)0.5 (na)0.5 (nc)0.5 (ia)0.5 (l)12.9 ( )0.5 (Ho)0.5 (ld)0.5 (ing)13 ( C)0.5 (o.)0.5 (,)12.9 ( L)0.5 (td)0.5 (.)12.9 ( )0.5 (ope)0.5 (r)0.5 (ati)0.5 (ng)13 ( i)0.5 (n)21 ( )]TJ 0.025 Tc 0.009 Tw 0 -1.231 Td (Hong Kong; \(iii\) issuance of the zero coupon convertible bond with a p\rincipal amount )Tj 0.007 Tw 0 -1.231 Td (of Euro230 million in Hong Kong capital market in January 2021, which wi\ll be due in )Tj 0.078 Tw 0 -1.231 Td (January 2026, such redemption rights were executed at Euro202.6 million \on January )Tj 0.026 Tc 0.082 Tw 0 -1.231 Td [(2)1 (0)1 (,)1 ( )0.5 (2)1 (0)1 (2)1 (4)1 ( )0.5 (and)1 ( )0.5 (the)1 ( )0.5 (outstanding)1 ( )0.5 (Bonds)1.1 ( )0.5 (in)1 ( )0.5 (the)1 ( )0.5 (principal)1 ( )0.5 (amount)1 ( )0.5 (of)1 ( )0.5 (Euro)1 (2)1 (7)1 (.)1 (4)1 ( )0.5 (million)1 ( )0.5 (will)0.9 ( )]TJ 0.032 Tc 0.076 Tw 0 -1.231 Td [(be)7 ( )0.5 (due)7 ( )0.5 (in)7 ( )0.5 (January)7 ( )0.5 (2)7 (0)7 (2)7 (6)7 (;)7 ( )]TJ 0 Tc 0 Tw 10.889 0 Td (\()Tj 0.032 Tc 0.076 Tw 0.365 0 Td [(iv\))7 ( )0.5 (issuance)7 ( )0.5 (of)7 ( )0.5 (the)7 ( )0.5 (senior)7 ( )0.5 (fixed-rate)7 ( )0.5 (bonds)7 ( )0.5 (with)7 ( )0.6 (a)7 ( )0.5 (principal)7 ( )]TJ 0.025 Tc -11.254 -1.231 Td (amount of USD470 million in Hong Kong capital market in July 2021, which\ will be )Tj 0.034 Tc 0.074 Tw 0 -1.231 Td [(due)9 ( )0.5 (in)9 ( )0.5 (July)8.9 ( )0.5 (2)9 (0)9 (2)9 (6)9 ( )0.5 (and)8.9 ( )0.6 (has)9 ( )0.5 (an)9 ( )0.5 (coupon)9 ( )0.5 (rate)9 ( )0.5 (of)9 ( )0.5 (1)9 (.)9 (6)9 (3)9 (8)9 (%;)9 ( )]TJ -0.034 Tw 23.368 0 Td [(and)9 ( )]TJ 0.074 Tw 1.894 0 Td [(\(v\))9 ( )0.5 (the)9 ( )0.5 (portion)9 ( )0.5 (of)9 ( )0.5 (proceeds)9 ( )]TJ 0.047 Tc 0.07 Tw -25.263 -1.231 Td [(raised)12.1 ( from)12.1 ( the)12.1 ( )]TJ [(2)12.1 (0)12.1 (2)12.1 (3)12.1 ( rights)12.1 ( issue)]TJ 14.884 0 Td [( denominated)12.1 ( in)12.1 ( Hong)12.1 ( Kong)12.1 ( dollars;)12.1 ( the)12.1 ( Group\222s)22 ( )]TJ 0.025 Tc 0 Tw -14.884 -1.231 Td (principal operations were transacted and booked in Renminbi.)Tj 0 -2.462 Td (During the Period, the Group has not used financial instruments for hedg\ing purpose.)Tj ET endstreamendobj58 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 33 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.032 Tc 0.076 Tw 13 0 0 13 56.6929 773.5878 Tm [(Total)7 ( )0.5 (interest)7 ( )0.5 (expenses)7 ( )0.5 (and)7 ( )0.5 (profit)7 ( )0.5 (before)7.1 ( )0.5 (interest)7.1 ( and)7 ( )0.5 (tax)7 ( )0.5 (for)7 ( )0.5 (the)7 ( )0.5 (Period)6.9 ( )0.6 (amounted)7 ( )0.5 (to)7 ( )]TJ 0.04 Tc 0.07 Tw 0 -1.231 Td [(Rmb)12.2 (9)12.1 (0)12.2 (9)12.1 (.)12.2 (9)12.1 (6)12.2 ( million)12.1 ( and)12.2 ( Rmb)12.2 (5)12.2 (,)12.1 (0)12.2 (6)12.1 (5)12.2 (.)12.1 (7)12.2 (1)12.1 ( million,)12.2 ( respectively.)12.1 ( The)12.2 ( interest)12.1 ( cover)12.2 ( ratio)15 ( )]TJ 0.024 Tc 0 Tw 0 -1.231 Td [(\(profit before interest and tax over interest expenses\) stood at 5.6 t\imes \(Corresponding)-1 ( )]TJ 0.025 Tc 0 -1.231 Td (period of 2023\(Restated\): 5.0 times\).)Tj 0.033 Tc 0.075 Tw 0 -2.462 Td [(As)8 ( )0.5 (at)8 ( )0.5 (June)8 ( )0.5 (3)8 (0)8 (,)8 ( )0.5 (2)8 (0)8 (2)8 (4)8 (,)8 ( )0.5 (the)8 ( )0.5 (asset-liability)8 ( )0.5 (ratio)8.1 ( )0.5 (\(total)8 ( )0.5 (liabilities)8 ( )0.5 (over)8 ( )0.5 (total)8 ( )0.5 (assets\))8 ( )0.5 (of)8 ( )0.5 (the)8 ( )]TJ 0.052 Tc 0.07 Tw 0 -1.231 Td [(Group)12.2 ( was)12.2 ( 6)12.1 (8)12.2 (.)12.2 (7)12.2 (%)12.1 ( \(December)12.1 ( 3)12.2 (1)12.2 (,)12.2 ( 2)12.1 (0)12.2 (2)12.2 (3)12.2 (:)12.1 ( 7)12.2 (0)12.2 (.)12.2 (9)12.1 (%\).)12.2 ( Excluding)12.2 ( the)12.2 ( effect)12.1 ( of)12.2 ( customer)27 ( )]TJ 0.039 Tc 0 -1.231 Td [(deposits)12.7 ( arising)12.7 ( from)12.7 ( the)12.7 ( securities)12.7 ( business,)12.7 ( the)12.7 ( resultant)12.7 ( asset-liability)12.8 ( ratio)12.7 ( \(total)14 ( )]TJ 0.063 Tc 0 -1.231 Td [(l)0.5 (i)0.5 (a)0.6 (b)0.5 (i)0.5 (l)0.5 (i)0.5 (t)0.6 (i)0.5 (e)0.5 (s)13 ( )0.6 (l)0.5 (e)0.5 (s)0.5 (s)13.1 ( )0.5 (b)0.5 (a)0.5 (l)0.6 (a)0.5 (n)0.5 (c)0.6 (e)13 ( )0.5 (o)0.5 (f)13 ( )0.6 (a)0.5 (c)0.5 (c)0.6 (o)0.5 (u)0.5 (n)0.5 (t)0.5 (s)13.1 ( )0.5 (p)0.5 (a)0.5 (y)0.6 (a)0.5 (b)0.5 (l)0.5 (e)13.1 ( )0.5 (t)0.5 (o)13 ( )0.6 (c)0.5 (u)0.5 (s)0.5 (t)0.6 (o)0.5 (m)0.5 (e)0.5 (r)0.5 (s)13.1 ( )0.5 (a)0.5 (r)0.6 (i)0.5 (s)0.5 (i)0.5 (n)0.5 (g)13 ( )0.6 (f)0.5 (r)0.5 (o)0.5 (m)13.1 ( )0.5 (s)0.5 (e)0.5 (c)0.6 (u)0.5 (r)0.5 (i)0.5 (t)0.6 (i)0.5 (e)0.5 (s)38 ( )]TJ 0.048 Tc 0 -1.231 Td [(business)12.6 ( over)12.6 ( total)12.5 ( assets)12.6 ( less)12.6 ( bank)12.5 ( balances)12.6 ( and)12.5 ( clearing)12.6 ( settlement)12.6 ( fund)12.6 ( held)12.6 ( on)23 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (behalf of customers\) of the Group was 61.0% \(December 31, 2023: 63.2%\)\.)Tj /T1_1 1 Tf 0 -2.462 Td (Capital structure)Tj /T1_0 1 Tf 0.099 Tc 0.07 Tw 0 -2.462 Td [(As)12.4 ( at)12.4 ( June)12.4 ( 3)12.3 (0)12.4 (,)12.4 ( 2)12.3 (0)12.4 (2)12.4 (4)12.3 (,)12.4 ( the)12.4 ( Group)12.4 ( had)12.4 ( Rmb)12.4 (6)12.3 (1)12.4 (,)12.4 (7)12.4 (6)12.3 (8)12.4 (.)12.4 (4)12.3 (1)12.4 ( million)12.4 ( in)12.4 ( total)12.4 ( equity,)74 ( )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(Rmb)6 (9)6 (8)6.1 (,)6 (8)6 (1)6 (1)6 (.)6 (9)6 (8)6 ( )0.5 (milli)0.5 (on)6 ( )0.5 (in)6 ( )0.5 (fix)0.5 (ed-ra)0.5 (te)6 ( )0.5 (lia)0.5 (bilitie)0.5 (s,)6 ( )0.5 (Rmb)6 (1)6 (7)6 (,)6 (7)6 (0)6.1 (9)6 (.)6 (0)6 (2)6 ( )0.5 (milli)0.5 (on)6 ( )0.5 (in)6 ( )0.5 (floa)0.5 (ting-r)0.5 (ate)6 ( )]TJ 0.036 Tc 0.072 Tw 0 -1.231 Td [(liabilities,)11 ( )0.5 (and)11 ( )0.5 (Rmb)11 (1)11 (9)11 (,)11 (2)10.9 (1)11.1 (9)10.9 (.)11 (3)11 (2)11 ( )0.5 (million)11 ( )0.5 (in)11 ( )0.5 (interest-free)11 ( )0.5 (liabilities,)11 ( )0.5 (representing)11 ( )0.5 (3)11 (1)11 (.)11 (3)11 (%,)11 ( )]TJ 0.04 Tc 0.07 Tw 0 -1.231 Td [(5)12.1 (0)12 (.)12.1 (0)12 (%,)12 ( 9)12.1 (.)12 (0)12.1 (%)12.1 ( and)12.1 ( 9)12 (.)12.1 (7)12 (%)12.1 ( of)12.1 ( the)12.1 ( Group\222s)12 ( total)12.1 ( capital,)12.1 ( respectively.)12.1 ( The)12.1 ( gearing)12 ( ratio,)15 ( )]TJ 0.025 Tc 0.074 Tw 0 -1.231 Td (which is computed by dividing the total liabilities less accounts payabl\e to customers )Tj 0.036 Tc 0.072 Tw 0 -1.231 Td [(arising)11 ( )0.5 (from)11 ( the)11 ( )0.5 (securities)11 ( )0.5 (business)11 ( )0.5 (by)11 ( )0.5 (total)11 ( )0.5 (equity,)10.9 ( )0.5 (was)11 ( )0.5 (1)11 (5)11 (5)11 (.)11 (7)11 (%)11 ( )0.5 (as)11 ( )0.5 (at)11 ( )0.5 (June)11 ( )0.5 (3)11 (0)11 (,)11 ( )0.5 (2)11 (0)11 (2)11 (4)11 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (\(December 31, 2023: 169.7%\).)Tj /T1_1 1 Tf 0 -2.462 Td (Capital expenditure commitments and utilization)Tj /T1_0 1 Tf 0.06 Tc 0.07 Tw 0 -2.462 Td [(During)12.8 ( the)12.8 ( Period,)12.8 ( capital)12.8 ( expenditure)12.8 ( of)12.8 ( the)12.8 ( Group)12.7 ( totaled)12.8 ( Rmb)12.8 (6)12.8 (4)12.7 (6)12.8 (.)12.8 (8)12.8 (4)12.7 ( million.)35 ( )]TJ 0.025 Tc 0.08 Tw 0 -1.231 Td (Amongst the total capital expenditure, Rmb147.62 million was incurred fo\r acquiring )Tj 0.041 Tc 0.07 Tw 0 -1.231 Td [(equity)12.1 ( investment,)12.2 ( Rmb)12.1 (2)12.1 (0)12.2 (.)12.1 (2)12.1 (0)12.2 ( million)12.1 ( was)12.2 ( incurred)12.2 ( for)12.1 ( acquisition)12.1 ( and)12.1 ( construction)16 ( )]TJ 0.047 Tc 0 -1.231 Td [(of)12.7 ( properties,)12.8 ( Rmb)12.8 (1)12.8 (0)12.7 (2)12.8 (.)12.8 (7)12.7 (0)12.8 ( million)12.7 ( was)12.8 ( incurred)12.7 ( for)12.8 ( acquisition)12.7 ( and)12.8 ( construction)12.8 ( of)22 ( )]TJ 0.027 Tc 0.081 Tw 0 -1.231 Td [(e)0.5 (qu)0.5 (ipm)0.5 (en)0.5 (t)2 ( )0.5 (an)0.5 (d)2 ( f)0.5 (a)0.5 (ci)0.5 (lit)0.5 (ie)0.5 (s,)2 ( )0.5 (a)0.5 (nd)2 ( )0.5 (R)0.5 (mb)2 (3)2 (7)2 (6)2 (.)2 (3)2 (2)1.9 ( )0.5 (m)0.5 (il)0.5 (li)0.5 (on)2 ( )0.5 (wa)0.5 (s)2 ( )0.5 (in)0.5 (cu)0.5 (rr)0.5 (ed)2 ( )0.5 (f)0.5 (or)2 ( )0.5 (re)0.5 (c)0.5 (ons)0.5 (tr)0.5 (uc)0.5 (ti)0.5 (on)2 ( )0.5 (a)0.5 (nd)2 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (expansion projects of existing expressways.)Tj 0.06 Tc 0.07 Tw 0 -2.462 Td [(As)12.4 ( at)12.4 ( June)12.4 ( 3)12.4 (0)12.4 (,)12.3 ( 2)12.4 (0)12.4 (2)12.4 (4)12.4 (,)12.3 ( the)12.4 ( remaining)12.4 ( capital)12.4 ( expenditure)12.4 ( committed)12.4 ( by)12.4 ( the)12.4 ( Group)35 ( )]TJ 0.042 Tc 0 -1.231 Td [(amounted)12.6 ( to)12.6 ( Rmb)12.6 (5)12.6 (,)12.5 (5)12.6 (9)12.5 (1)12.6 (.)12.5 (5)12.6 (6)12.6 ( million)12.6 ( in)12.6 ( total.)12.6 ( Amongst)12.6 ( the)12.5 ( remaining)12.5 ( balance)12.5 ( of)12.5 ( total)17 ( )]TJ 0.052 Tc 0 -1.231 Td [(capital)12.8 ( expenditure)12.8 ( committed)12.8 ( by)12.7 ( the)12.7 ( Group,)12.7 ( Rmb)12.8 (9)12.7 (1)12.8 (3)12.7 (.)12.8 (6)12.7 (3)12.8 ( million)12.8 ( will)12.7 ( be)12.8 ( used)12.7 ( for)27 ( )]TJ 0.049 Tc 0 -1.231 Td [(acquiring)12.8 ( equity)12.8 ( investments,)12.8 ( Rmb)12.8 (4)12.8 (0)12.8 (8)12.8 (.)12.8 (5)12.8 (7)12.8 ( million)12.8 ( will)12.8 ( be)12.8 ( used)12.9 ( for)12.8 ( acquisition)12.8 ( and)24 ( )]TJ 0.05 Tc 0 -1.231 Td [(construction)12.6 ( of)12.6 ( properties,)12.7 ( Rmb)12.6 (8)12.7 (6)12.6 (5)12.6 (.)12.7 (6)12.6 (9)12.7 ( million)12.7 ( for)12.7 ( acquisition)12.7 ( and)12.6 ( construction)12.7 ( of)25 ( )]TJ 0.06 Tc 0 -1.231 Td [(equipment)12.4 ( and)12.4 ( facilities,)12.4 ( Rmb)12.4 (3)12.4 (,)12.4 (4)12.4 (0)12.4 (3)12.4 (.)12.4 (6)12.3 (7)12.5 ( million)12.4 ( for)12.5 ( reconstruction)12.4 ( and)12.4 ( expansion)35 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (projects of existing expressways.)Tj 0.055 Tc 0.07 Tw 0 -2.462 Td [(The)12.3 ( Group)12.3 ( will)12.3 ( first)12.2 ( consider)12.3 ( financing)12.3 ( the)12.3 ( above-mentioned)12.3 ( capital)12.2 ( expenditure)30 ( )]TJ 0.036 Tc 0.072 Tw 0 -1.231 Td [(commitments)11 ( )0.5 (with)11 ( )0.5 (internal)11 ( )0.5 (resources,)11 ( )0.5 (and)11 ( )0.5 (then)11 ( )0.5 (will)11 ( )0.5 (comprehensively)11 ( )0.5 (consider)11 ( )0.5 (using)11 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (debt financing and equity financing to meet any shortfalls.)Tj ET endstreamendobj57 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 32 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.069 Tc 0.07 Tw 13 0 0 13 56.6929 773.5878 Tm [(During)12.9 ( the)12.8 ( Period,)12.9 ( net)12.9 ( cash)12.8 ( from)12.8 ( the)12.9 ( Group\222s)12.8 ( operating)12.9 ( activities)12.9 ( amounted)12.9 ( to)44 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(R)0.5 (m)0.6 (b)4 (6)4 (,)4 (4)4 (9)4 (1)4 (.)4 (9)4 (7)4 ( )0.5 (m)0.6 (i)0.5 (l)0.5 (l)0.6 (i)0.5 (o)0.5 (n)0.6 (.)4 ( )0.5 (T)0.5 (h)0.6 (e)4 ( )0.5 (c)0.5 (u)0.6 (r)0.5 (r)0.5 (e)0.6 (n)0.5 (c)0.6 (y)4 ( )0.5 (m)0.5 (i)0.5 (x)4 ( )0.6 (i)0.5 (n)4 ( )0.5 (w)0.5 (h)0.6 (i)0.5 (c)0.6 (h)3.9 ( )0.6 (c)0.5 (a)0.6 (s)0.5 (h)4 ( )0.5 (a)0.6 (n)0.5 (d)4 ( )0.5 (c)0.5 (a)0.6 (s)0.5 (h)4 ( )0.5 (e)0.6 (q)0.5 (u)0.6 (i)0.5 (v)0.5 (a)0.6 (l)0.5 (e)0.6 (n)0.5 (t)0.5 (s)4 ( )0.5 (a)0.6 (r)0.5 (e)4 ( )0.5 (h)0.6 (e)0.5 (l)0.5 (d)4.1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (has not substantially changed as compared to the same period last year.)Tj 0.031 Tc 0.077 Tw 0 -2.462 Td [(The)6.1 ( )0.5 (Directors)6 ( )0.5 (do)6 ( )0.5 (not)6 ( )0.5 (expect)6 ( )0.5 (the)6 ( )0.5 (Company)6 ( )0.5 (to)6.1 ( )0.5 (experience)6 ( )0.5 (any)6 ( )0.5 (problems)6.1 ( )0.5 (with)6.1 ( )0.5 (liquidity)6 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (and financial resources in the foreseeable future.)Tj /T1_1 1 Tf 0 -2.462 Td (Borrowings and solvency)Tj /T1_0 1 Tf 0.03 Tw 0 -2.462 Td (As at June 30, 2024, total liabilities of the Group amounted to Rmb135,7\40.32 million )Tj 0.042 Tc 0.07 Tw 0 -1.231 Td [(\(December)12.6 ( 3)12.5 (1)12.6 (,)12.5 ( 2)12.6 (0)12.5 (2)12.5 (3)12.6 (:)12.5 ( Rmb)12.5 (1)12.6 (4)12.5 (7)12.5 (,)12.6 (3)12.5 (2)12.5 (8)12.6 (.)12.5 (6)12.5 (9)12.6 ( million\),)12.6 ( of)12.5 ( which)12.5 ( 1)12.5 (2)12.5 (.)12.5 (8)12.6 (%)12.5 ( was)12.6 ( bank)12.6 ( and)12.5 ( other)17 ( )]TJ 0.024 Tc 0 Tw 0 -1.231 Td [(borrowings, 1.7% was short-term financing note, 21.2% was bonds payable,\ 14.9% was)-1 ( )]TJ 0.025 Tc 0.058 Tw 0 -1.231 Td (financial assets sold under repurchase agreements and 29.1% was accounts\ payable to )Tj 0 Tw 0 -1.231 Td (customers arising from securities business.)Tj 0.056 Tc 0.07 Tw 0 -2.462 Td [(As)12.8 ( at)12.8 ( June)12.8 ( 3)12.7 (0)12.8 (,)12.8 ( 2)12.8 (0)12.7 (2)12.8 (4)12.8 (,)12.7 ( total)12.8 ( interest-bearing)12.8 ( borrowings)12.8 ( of)12.8 ( the)12.8 ( Group)12.8 ( amounted)12.8 ( to)31 ( )]TJ 0.07 Tc 0 -1.231 Td [(Rmb)12.8 (5)12.8 (5)12.8 (,)12.7 (2)12.8 (9)12.8 (7)12.7 (.)12.8 (9)12.8 (1)12.8 ( million,)12.8 ( representing)12.8 ( a)12.8 ( decrease)12.8 ( of)12.8 ( 3)12.8 (.)12.7 (7)12.8 (%)12.8 ( compared)12.8 ( to)12.8 ( that)12.8 ( as)12.8 ( at)45 ( )]TJ 0.053 Tc 0 -1.231 Td [(D)0.5 (e)0.5 (c)0.5 (e)0.5 (m)0.6 (be)0.6 (r)13 ( )0.5 (3)13 (1)13 (,)12.9 ( )0.5 (2)13.1 (0)13 (2)13 (3)12.9 (.)13 ( )0.5 (T)0.6 (he)13.1 ( )0.5 (b)0.5 (or)0.6 (r)0.5 (o)0.5 (w)0.5 (i)0.5 (n)0.5 (g)0.5 (s)13 ( )0.5 (c)0.5 (o)0.5 (m)0.5 (p)0.5 (r)0.5 (i)0.5 (s)0.5 (e)0.5 (d)13 ( )0.5 (o)0.5 (u)0.5 (t)0.5 (s)0.5 (t)0.5 (a)0.5 (n)0.5 (d)0.5 (i)0.5 (n)0.5 (g)13 ( )0.5 (b)0.5 (a)0.5 (l)0.5 (a)0.5 (n)0.5 (c)0.5 (e)0.5 (s)13 ( )0.5 (o)0.5 (f)13 ( )0.5 (d)0.5 (o)0.5 (m)0.5 (e)0.5 (s)0.5 (t)0.6 (ic)28.1 ( )]TJ 0.087 Tc 0 -1.231 Td [(commercial)12.6 ( bank)12.6 ( loans)12.6 ( of)12.6 ( Rmb)12.5 (1)12.6 (6)12.6 (,)12.5 (4)12.6 (5)12.6 (4)12.6 (.)12.6 (0)12.5 (6)12.6 ( million,)12.6 ( borrowings)12.5 ( from)12.5 ( overseas)62 ( )]TJ 0.073 Tc 0 -1.231 Td [(commercial)12.5 ( bank)12.5 ( loans)12.6 ( of)12.5 ( Rmb)12.5 (7)12.5 (7)12.5 (.)12.6 (3)12.5 (8)12.5 ( million,)12.5 ( borrowings)12.6 ( from)12.5 ( other)12.5 ( domestic)48 ( )]TJ 0.08 Tc 0 -1.231 Td [(financial)12.7 ( institutions)12.7 ( of)12.7 ( Rmb)12.7 (7)12.7 (2)12.7 (9)12.7 (.)12.7 (8)12.7 (3)12.7 ( million,)12.7 ( borrowings)12.7 ( from)12.7 ( other)12.7 ( domestic)55.1 ( )]TJ 0.032 Tc 0.076 Tw 0 -1.231 Td [(i)0.5 (n)0.6 (s)0.5 (t)0.6 (i)0.5 (t)0.6 (u)0.5 (t)0.6 (i)0.5 (o)0.6 (n)0.5 (s)7 ( )0.5 (o)0.6 (f)7 ( )0.5 (R)0.5 (m)0.6 (b)6.9 (5)7 (2)7 (.)7 (2)7 (8)7 ( )0.5 (m)0.6 (i)0.5 (l)0.6 (l)0.5 (i)0.6 (o)0.5 (n)0.6 (,)7 ( )0.5 (s)0.5 (h)0.6 (o)0.5 (r)0.6 (t)0.5 (-)0.6 (t)0.5 (e)0.6 (r)0.5 (m)7 ( )0.5 (f)0.6 (i)0.5 (n)0.5 (a)0.6 (n)0.6 (c)0.5 (i)0.6 (n)0.5 (g)7 ( )0.5 (n)0.6 (o)0.5 (t)0.5 (e)7.1 ( )0.5 (o)0.5 (f)7 ( )0.5 (R)0.6 (m)0.5 (b)7 (2)7 (,)7 (0)7 (0)7 (4)7 (.)7 (9)7 (0)7 ( )0.5 (m)0.5 (i)0.6 (l)0.5 (l)0.6 (i)0.5 (o)0.6 (n)0.5 (,)7 ( )]TJ 0.025 Tc 0.055 Tw 0 -1.231 Td (beneficial certificates of Rmb280.66 million, mid-term notes of Rmb3,049\.94 million, )Tj 0.067 Tc 0.07 Tw 0 -1.231 Td [(subordinated)12.4 ( bonds)12.3 ( of)12.3 ( Rmb)12.3 (6)12.3 (,)12.3 (1)12.3 (7)12.3 (3)12.3 (.)12.3 (6)12.3 (8)12.4 ( million,)12.4 ( corporate)12.3 ( bonds)12.4 ( of)12.3 ( Rmb)12.4 (1)12.3 (8)12.3 (,)12.3 (1)12.3 (0)12.3 (3)12.3 (.)12.3 (3)12.3 (3)42 ( )]TJ 0.073 Tc 0 -1.231 Td [(million,)12.2 ( asset)12.2 ( backed)12.2 ( securities)12.2 ( of)12.3 ( Rmb)12.3 (1)12.2 (,)12.2 (4)12.2 (8)12.2 (0)12.3 (.)12.2 (1)12.2 (3)12.2 ( million,)12.2 ( convertible)12.2 ( bonds)12.2 ( of)48 ( )]TJ 0.035 Tc 0.073 Tw 0 -1.231 Td [(R)0.5 (m)0.5 (b)10 (6)10 (,)10 (6)10 (7)10 (1)10 (.)10 (9)10 (1)10 ( )0.5 (m)0.5 (i)0.5 (l)0.5 (l)0.5 (i)0.5 (o)0.5 (n)0.5 (,)10 ( )0.5 (a)0.5 (n)0.5 (d)10 ( )0.5 (c)0.5 (o)0.5 (n)0.5 (ve)0.6 (r)0.5 (ti)0.5 (b)0.5 (l)0.5 (e)10 ( )0.6 (bo)0.5 (n)0.5 (d)10 ( )0.5 (d)0.5 (e)0.5 (n)0.5 (o)0.5 (m)0.5 (i)0.5 (n)0.5 (a)0.5 (t)0.5 (e)0.5 (d)10 ( )0.5 (i)0.5 (n)10 ( )0.5 (E)0.5 (u)0.5 (r)0.5 (o)10 ( )0.5 (t)0.5 (h)0.5 (a)0.5 (t)10 ( )0.5 (e)0.5 (q)0.5 (u)0.5 (iv)0.5 (a)0.5 (l)0.5 (e)0.5 (n)0.5 (t)0.5 (s)10 ( )0.5 (t)0.5 (o)10 ( )]TJ 0.025 Tc 0.024 Tw 0 -1.231 Td (Rmb219.81 million. Of the interest-bearing borrowings, 79.0% was not pay\able within )Tj 0 Tw 0 -1.231 Td (one year.)Tj 0.036 Tc 0.072 Tw 0 -2.462 Td [(As)11 ( )0.5 (at)11 ( )0.6 (June)11 ( )0.5 (3)11 (0)11 (,)11 ( )0.5 (2)11 (0)11 (2)11 (4)10.9 (,)11 ( )0.6 (the)11.1 ( )0.5 (Group\222s)11 ( )0.5 (borrowings)11 ( )0.5 (from)11 ( )0.5 (domestic)11 ( )0.5 (commercial)11 ( )0.5 (banks)11 ( )0.5 (bore)11 ( )]TJ 0.034 Tc 0.074 Tw 0 -1.231 Td [(annual)9 ( )0.5 (fixed)9 ( )0.5 (interest)9 ( )0.5 (rates)9 ( )0.5 (ranged)8.9 ( )0.6 (from)9 ( )0.5 (2)9 (.)9 (6)9 (9)9 (%)9 ( )0.5 (to)9 ( )0.5 (4)9 (.)9 (0)9 (%,)9 ( )0.5 (annual)9 ( )0.5 (floating)9 ( )0.5 (interest)9.1 ( )0.5 (rates)9 ( )]TJ 0 -1.231 Td [(ranged)9 ( )0.5 (from)9 ( )0.5 (2)9 (.)9 (7)9 (5)9 (%)9 ( )0.5 (to)9.1 ( 3)9.1 (.)8.9 (7)9 (5)9 (%,)9 ( )0.5 (the)9.1 ( )0.5 (annual)9 ( )0.5 (fixed)9 ( )0.5 (interest)9 ( )0.5 (rates)8.9 ( )0.6 (of)9 ( )0.5 (overseas)9 ( )]TJ -0.034 Tw 32.045 0 Td [(commercial)9 ( )]TJ 0.048 Tc 0.07 Tw -32.045 -1.231 Td [(bank)12.4 ( loans)12.4 ( were)]TJ 0.036 Tc 0.082 Tw 7.322 0 Td [( 5.25)0.5 (% )]TJ 0.048 Tc -0.048 Tw (and)Tj 0.07 Tw 5.073 0 Td [( 6)12.5 (.)12.4 (9)12.4 (6)12.4 (%,)12.4 ( the)12.4 ( annual)12.4 ( floating)12.4 ( interest)12.4 ( rate)12.4 ( was)12.5 ( 5)12.4 (.)12.4 (8)12.5 (%,)12.4 ( the)23 ( )]TJ 0.023 Tc 0 Tw -12.395 -1.231 Td [(annual fixed interest rates of other domestic institutions was 3.0%, and\ the annual fixed)-2 ( )]TJ 0.025 Tc 0.005 Tw 0 -1.231 Td (interest rates of a domestic financial institution ranged ranged from 3.\08% to 3.7%, the )Tj 0.054 Tw 0 -1.231 Td (annual floating interest rate was 3.68%. As at June 30, 2024, the annual\ fixed interest )Tj 0.044 Tw 0 -1.231 Td (rates for short-term financing notes were 2.01% and 1.9% The annual floa\ting interest )Tj 0.032 Tc 0.076 Tw 0 -1.231 Td [(ra)0.5 (tes)7 ( )0.5 (of)7 ( )0.5 (be)0.5 (nefi)0.5 (cial)7 ( )0.5 (c)0.5 (erti)0.5 (fica)0.5 (tes)7 ( )0.5 (ran)0.5 (ged)7 ( )0.5 (f)0.5 (rom)7 ( )0.5 (4)7 (.)7 (1)7 (5)7 (%)7 ( )0.5 (to)7 ( )0.5 (7)7 (.)7 (0)7 (%.)7 ( )0.5 (The)7.1 ( )0.5 (annua)0.5 (l)7 ( )0.5 (fixe)0.5 (d)6.9 ( )0.6 (inter)0.5 (est)7 ( )]TJ 0.025 Tc 0.051 Tw 0 -1.231 Td (rate for mid-term notes were 2.80% and 2.97%. The annual fixed annual in\terest rates )Tj 0.02 Tw 0 -1.231 Td [(for )0.5 (subordinated )0.5 (bonds )0.5 (ranged )0.5 (from 2.28% )0.5 (to )0.5 (4.08%. )0.5 (The )0.5 (annual )0.5 (fixed interest )0.5 (rate )0.5 (for )]TJ 0.048 Tw 0 -1.231 Td (corporate bond ranged from 1.638% to 3.27%. The annual coupon rate for c\onvertible )Tj 0.044 Tc 0.07 Tw 0 -1.231 Td [(bo)0.5 (nd)13 ( )0.5 (de)0.5 (no)0.5 (mi)0.5 (na)0.5 (t)0.5 (ed)13 ( i)0.5 (n)12.9 ( )0.5 (R)0.5 (mb)13 ( w)0.5 (as)13 ( 0)13 (.)13 (6)12.9 (%)0.5 (.)12.9 ( )0.5 (Th)0.5 (e)13 ( a)0.5 (nn)0.5 (ua)0.5 (l)12.9 ( )0.5 (c)0.5 (ou)0.5 (po)0.5 (n)12.9 ( )0.5 (ra)0.5 (t)0.5 (e)12.9 ( )0.5 (fo)0.5 (r)12.9 ( )0.5 (c)0.5 (on)0.5 (ve)0.5 (r)0.5 (ti)0.5 (bl)0.5 (e)12.9 ( )0.5 (bo)0.5 (nd)19 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (denominated in Euro was nil.)Tj ET endstreamendobj51 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 31 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 56.6929 773.5878 Tm (FINANCIAL ANALYSIS)Tj /T1_0 1 Tf 0.004 Tw 0 -2.462 Td (The Group adopts a prudent financial policy with an aim to provide share\holders of the )Tj 0 Tw 0 -1.231 Td (Company with sound returns over the long term.)Tj 0.038 Tc 0.07 Tw 0 -2.462 Td [(During)12.4 ( the)12.4 ( Period,)12.3 ( profit)12.3 ( attributable)12.4 ( to)12.4 ( owners)12.4 ( of)12.4 ( the)12.3 ( Company)12.4 ( was)12.3 ( approximately)13 ( )]TJ 0.043 Tc 0 -1.231 Td [(Rmb)12 (2)12.1 (,)12.1 (6)12.1 (8)12 (0)12.1 (.)12.1 (0)12.1 (1)12.1 ( million,)12 ( representing)12 ( a)12.1 ( year-on-year)12.1 ( increase)12.1 ( of)12.1 ( 4)12.1 (.)12.1 (7)12 (%,)12.1 ( basic)12.1 ( earnings)18 ( )]TJ 0.025 Tc 0.038 Tw 0 -1.231 Td (per share was Rmb44.72 cents, representing a year-on-year decrease of 20\.4%, diluted )Tj 0.058 Tc 0.07 Tw 0 -1.231 Td [(earnings)12.6 ( per)12.6 ( share)12.6 ( was)12.7 ( Rmb)12.6 (4)12.6 (4)12.6 (.)12.7 (0)12.6 (4)12.6 ( cents,)12.6 ( representing)12.6 ( a)12.7 ( year-on-year)12.7 ( decrease)12.7 ( of)33 ( )]TJ 0.028 Tc 0.08 Tw 0 -1.231 Td [(1)3 (8)3 (.)3 (4)3 (%,)3 ( )0.5 (and)3 ( )0.5 (return)3 ( )0.5 (on)3 ( )0.5 (owners\222)3 ( )0.5 (equity)3 ( )0.5 (was)3 ( )0.5 (6)3 (.)3 (6)3 (%,)3 ( )0.5 (representing)3 ( )0.5 (a)3 ( )0.5 (year-on-year)3 ( )0.5 (decrease)3 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (of 20.5%.)Tj /T1_1 1 Tf 0 -2.462 Td (Liquidity and financial resources)Tj /T1_0 1 Tf 0.061 Tw 0 -2.462 Td (As at June 30, 2024, current assets of the Group amounted to Rmb136,507.\89 million )Tj 0.032 Tc 0.076 Tw 0 -1.231 Td [(in)7 ( )0.5 (aggregate)7 ( )0.5 (\(December)7 ( )0.5 (3)7 (1)7 (,)7 ( )0.5 (2)7 (0)7 (2)7 (3)7 (:)7 ( )0.5 (Rmb)7 (1)7 (5)7 (2)7 (,)7 (8)7 (6)7 (2)7 (.)7 (4)7 (3)6.9 ( )0.6 (million\),)7 ( )0.5 (of)7 ( )0.5 (which)7 ( )0.5 (bank)7 ( )0.5 (balances,)7 ( )]TJ 0.025 Tc 0.053 Tw 0 -1.231 Td (clearing settlement fund, deposits and cash accounted for 17.6% \(Decemb\er 31, 2023: )Tj 0.058 Tc 0.07 Tw 0 -1.231 Td [(1)12.5 (8)12.5 (.)12.5 (4)12.5 (%\),)12.5 ( bank)12.5 ( balances)12.5 ( and)12.5 ( clearing)12.5 ( settlement)12.5 ( fund)12.5 ( held)12.5 ( on)12.5 ( behalf)12.5 ( of)12.5 ( customers)33 ( )]TJ 0.078 Tc 0 -1.231 Td [(accounted)12.4 ( for)12.4 ( 2)12.4 (9)12.5 (.)12.4 (1)12.5 (%)12.5 ( \(December)12.5 ( 3)12.5 (1)12.4 (,)12.5 ( 2)12.5 (0)12.4 (2)12.5 (3)12.4 (:)12.5 ( 2)12.5 (9)12.4 (.)12.5 (7)12.4 (%\),)12.5 ( financial)12.5 ( assets)12.5 ( at)12.5 ( FVTPL)53 ( )]TJ 0.025 Tc 0.025 Tw 0 -1.231 Td (accounted for 25.2% \(December 31, 2023: 27.3%\) and loans to customers \arising from )Tj 0.048 Tc 0.07 Tw 0 -1.231 Td [(margin)12.2 ( financing)12.2 ( business)12.2 ( accounted)12.2 ( for)12.1 ( 1)12.1 (3)12.1 (.)12.2 (5)12.1 (%)12.2 ( \(December)12.2 ( 3)12.1 (1)12.2 (,)12.1 ( 2)12.1 (0)12.1 (2)12.2 (3)12.1 (:)12.2 ( 1)12.1 (3)12.2 (.)12.1 (0)12.2 (%\).)12.1 ( The)23 ( )]TJ 0.028 Tc 0.08 Tw 0 -1.231 Td [(current)3 ( ratio)3 ( )0.5 (\(current)3 ( )0.5 (assets)3 ( )0.5 (over)3 ( )0.5 (current)3 ( )0.5 (liabilities\))3 ( )0.6 (of)3 ( )0.5 (the)3 ( )0.5 (Group)3 ( )0.5 (as)3 ( )0.5 (at)3 ( )0.5 (June)3.1 ( )0.5 (3)3 (0)3 (,)3 ( )0.5 (2)3 (0)3 (2)3 (4)3 ( )]TJ 0.042 Tc 0.07 Tw 0 -1.231 Td [(w)0.5 (as)13 ( 1)13 (.)12.9 (5)12.9 (0)13 ( \()0.5 (De)0.5 (ce)0.5 (mb)0.5 (er)13 ( 3)13 (1)12.9 (,)13 ( 2)13 (0)12.9 (2)12.9 (3)13 (:)12.9 ( )0.5 (1)12.9 (.)13 (5)12.9 (0)12.9 (\))0.5 (.)12.9 ( )0.5 (Ex)0.5 (cl)0.5 (ud)0.5 (ing)13 ( t)0.5 (he)13 ( e)0.5 (ff)0.5 (ec)0.5 (t)12.9 ( )0.5 (of)13 ( t)0.5 (he)12.9 ( )0.5 (c)0.5 (ust)0.5 (om)0.5 (er)13 ( d)0.5 (ep)0.5 (os)0.5 (its)17 ( )]TJ 0.033 Tc 0.075 Tw 0 -1.231 Td [(arising)8 ( )0.6 (from)8 ( )0.5 (the)8 ( )0.5 (securities)8 ( )0.5 (business,)8 ( )0.5 (the)8 ( )0.5 (resultant)8 ( )0.6 (current)8 ( )0.5 (ratio)8 ( )0.5 (of)8 ( )0.6 (the)8 ( )0.5 (Group)8 ( )0.5 (\(current)8 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td [(a)0.5 (s)0.6 (s)0.5 (e)0.6 (t)0.5 (s)0.5 ( )0.6 (l)0.5 (e)0.6 (s)0.5 (s)0.5 ( )0.6 (b)0.5 (a)0.5 (n)0.5 (k)0.6 ( )0.5 (b)0.5 (a)0.6 (l)0.5 (a)0.6 (n)0.5 (c)0.5 (e)0.6 (s)0.5 ( )0.5 (a)0.6 (n)0.5 (d)0.6 ( )0.5 (c)0.5 (l)0.6 (e)0.5 (a)0.6 (r)0.5 (i)0.5 (n)0.5 (g)0.6 ( )0.5 (s)0.6 (e)0.5 (t)0.5 (t)0.6 (l)0.5 (e)0.5 (m)0.6 (e)0.5 (n)0.5 (t)0.6 ( )0.5 (f)0.5 (u)0.6 (n)0.5 (d)0.5 ( )0.6 (h)0.5 (e)0.5 (l)0.6 (d)0.5 ( )0.5 (o)0.6 (n)0.5 ( )0.5 (b)0.6 (e)0.5 (h)0.5 (a)0.6 (l)0.5 (f)0.5 ( )0.6 (o)0.5 (f)0.5 ( )0.6 (c)0.5 (u)0.5 (s)0.6 (t)0.5 (o)0.5 (m)0.6 (e)0.5 (r)0.5 (s)0.6 ( )0.5 (o)0.6 (v)0.5 (e)0.5 (r )]TJ 0.027 Tw 0 -1.231 Td [(current )0.5 (liabilities )0.5 (less balance )0.5 (of accounts payable )0.5 (to )0.5 (customers arising )0.5 (from securities )]TJ 0 Tw 0 -1.231 Td (business\) was 1.90 \(December 31, 2023: 1.80\).)Tj 0.036 Tc 0.072 Tw 0 -2.462 Td [(The)11.1 ( a)0.5 (mount)11 ( )0.5 (of)11 ( )0.6 (financ)0.5 (ial)11 ( )0.5 (as)0.5 (sets)11 ( )0.5 (a)0.5 (t)11 ( )0.5 (FVTPL)11 ( )0.5 (in)0.5 (clude)0.5 (d)11 ( )0.5 (in)11 ( )0.5 (curr)0.5 (ent)11 ( )0.5 (ass)0.5 (ets)11 ( )0.5 (of)11 ( )0.5 (th)0.5 (e)11 ( )0.5 (Group)11 ( )0.5 (a)0.5 (s)11 ( )]TJ 0.046 Tc 0.082 Tw 0 -1.231 Td [(a)-12.1 (t J)-12.1 (u)-12.2 (n)-12.1 (e 30, 2024 w)-12.1 (a)-12.2 (s R)-12.2 (m)-12.1 (b34,435.26 m)-12.1 (i)-12.2 (l)-12.2 (l)-12.1 (i)-12.2 (o)-12.1 (n \()-12.1 (D)-12.2 (e)-12.1 (c)-12.2 (e)-12.1 (m)-12.2 (b)-12.1 (e)-12.2 (r 31, 2023: R)-12.1 (m)-12.2 (b41,729.11)21.1 ( )]TJ 0.025 Tc 0.083 Tw 0 -1.231 Td [(million\), )0.5 (of )0.5 (which 58.6% )0.5 (was )0.5 (invested )0.5 (in )0.5 (bonds, )0.5 (3.9% )0.5 (was invested )0.5 (in )0.5 (stocks, )0.5 (23.8% )]TJ 0.024 Tc 0 Tw 0 -1.231 Td [(was invested in equity funds, and the rest were invested in structured p\roducts and trust)-1 ( )]TJ 0.025 Tc 0 -1.231 Td (products, etc.)Tj 0.018 Tw 0 -2.462 Td (The proceeds raised from the )Tj (rights issue in 2023 had)Tj ( a remaining balance of Rmb5.98 )Tj 0.038 Tc 0.07 Tw 0 -1.231 Td [(billion)12.3 ( based)12.3 ( on)12.3 ( the)12.3 ( closing)12.3 ( exchange)12.4 ( rate)12.4 ( as)12.4 ( at)12.3 ( December)12.4 ( 3)12.4 (1)12.3 (,)12.4 ( 2)12.4 (0)12.3 (2)12.4 (3)12.3 (.)12.3 ( As)12.4 ( of)12.3 ( June)12.4 ( 3)12.4 (0)12.3 (,)13 ( )]TJ 0.052 Tc 0 -1.231 Td [(2)12.3 (0)12.4 (2)12.3 (4)12.4 (,)12.3 ( Rmb)12.3 (0)12.4 (.)12.3 (4)12.3 (8)12.4 ( billion)12.4 ( has)12.4 ( been)12.3 ( used)12.4 ( for)12.4 ( expenses)12.4 ( related)12.4 ( to)12.3 ( existing)12.4 ( expressway)27 ( )]TJ 0.06 Tc 0 -1.231 Td [(expansion)12.6 ( and)12.6 ( reconstruction)12.6 ( projects,)12.6 ( leaving)12.6 ( a)12.7 ( balance)12.6 ( of)12.6 ( proceeds)12.7 ( equivalent)35 ( )]TJ 0.052 Tc 0 -1.231 Td [(t)0.5 (o)13.1 ( )0.5 (R)0.5 (m)0.6 (b)13 (5)13 (.)13.1 (2)13 (8)13 ( )0.6 (b)0.5 (i)0.5 (l)0.6 (l)0.5 (i)0.5 (o)0.6 (n)13 ( )0.5 (b)0.5 (a)0.6 (s)0.5 (e)0.6 (d)13 ( )0.5 (o)0.6 (n)13 ( )0.5 (t)0.6 (h)0.5 (e)13 ( )0.6 (e)0.5 (x)0.6 (c)0.5 (h)0.5 (a)0.6 (n)0.5 (g)0.6 (e)13 ( )0.5 (r)0.6 (a)0.5 (t)0.6 (e)13 ( )0.5 (a)0.6 (t)13 ( )0.5 (t)0.6 (h)0.5 (e)13 ( )0.6 (e)0.5 (n)0.6 (d)13 ( )0.5 (o)0.6 (f)13 ( )0.5 (t)0.6 (h)0.5 (e)13 ( )0.6 (P)0.5 (e)0.6 (r)0.5 (i)0.5 (o)0.6 (d)0.5 (,)13 ( )0.6 (o)0.5 (f)13 ( )0.6 (w)0.5 (h)0.5 (i)0.6 (c)0.5 (h)27 ( )]TJ 0.036 Tc 0.072 Tw 0 -1.231 Td [(Rmb)10.9 (4)11 (.)11 (6)11 (0)11 ( )0.5 (billion)11 ( )0.5 (will)11 ( )0.5 (be)11 ( )0.5 (used)11 ( )0.5 (for)11 ( )0.5 (expenses)11 ( )0.5 (related)11 ( )0.5 (to)11 ( )0.5 (existing)11 ( )0.5 (expressway)11 ( )0.5 (expansion)11 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(and)4 ( )0.5 (reconstruction)4 ( )0.5 (projects,)4 ( )0.5 (and)4 ( )0.5 (the)4.1 ( )0.5 (remaining)4 ( )0.5 (will)4 ( )0.6 (be)4 ( )0.5 (used)4 ( )0.5 (for)4.1 ( )0.5 (replenishing)4 ( )0.5 (working)4 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (capital and repaying loans and other daily operating expenses.)Tj ET endstreamendobj39 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj40 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj41 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj42 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj43 0 obj</LastModified/NumberOfPageItemsInPage 1/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj79 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 30 \226)Tj 0.05 Tw 13 0 0 13 56.6929 773.5878 Tm (Zhejiang HangNing Expressway Co., Ltd. \(a 30% owned associate of the Co\mpany as )Tj 0.038 Tc 0.07 Tw 0 -1.231 Td [(at)12.9 ( the)12.9 ( end)12.9 ( of)12.9 ( the)12.9 ( Period\))12.9 ( owns)12.8 ( the)12.9 ( 9)12.9 (9)12.9 (km)12.8 ( HangNing)12.9 ( Expressway.)12.9 ( During)12.9 ( the)12.9 ( Period,)13 ( )]TJ 0.048 Tc 0 -1.231 Td [(the)12.2 ( associate)12.2 ( company)12.1 ( recorded)12.1 ( a)12.1 ( net)12.1 ( profit)12.1 ( of)12.1 ( Rmb)12.2 (2)12.1 (5)12.1 (3)12.1 (.)12.1 (1)12.2 (5)12.1 ( million,)12.1 ( representing)12.1 ( a)23 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (year-on-year increase of 22.9%.)Tj 0.034 Tc 0.074 Tw 0 -2.462 Td [(As)9 ( )0.5 (at)9 ( )0.5 (the)9.1 ( end)9 ( )0.5 (of)9 ( )0.5 (the)9 ( )0.5 (Period,)9 ( )0.5 (the)9.1 ( )0.5 (Company)9 ( )0.5 (held)9 ( )0.5 (3)9 (0)9 (%)9 ( )0.5 (of)9 ( )0.5 (the)9 ( )0.5 (subordinated)9 ( )0.5 (class)9 ( )0.5 (of)9 ( )0.5 (the)9.1 ( )]TJ 0.041 Tc 0.07 Tw 0 -1.231 Td [(CICC-Zhejiang)12.7 ( Expressway-Shenjiahuhang)12.8 ( asset-backed)12.8 ( special)12.8 ( program)12.8 ( \(\223)]TJ /T1_1 1 Tf -0.041 Tw [(Special)16 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (Program)Tj /T1_0 1 Tf 0.054 Tw (\224\), which owns the 93km Shenjiahuhang Expressway. During the Period,\ the )Tj 0 Tw 0 -1.231 Td (Special Program recorded a net loss of Rmb40.09 million.)Tj 0.044 Tw 0 -2.462 Td (Zhejiang Wenzhou YongTaiWen Expressway Co., Ltd. \(a 15% owned associate\ of the )Tj 0.029 Tc 0.079 Tw 0 -1.231 Td [(Company)4 ( )0.5 (as)4 ( )0.5 (at)4 ( )0.5 (the)4 ( )0.5 (end)4 ( )0.5 (of)4.1 ( )0.5 (the)4 ( )0.5 (Period\))4 ( )0.5 (operates)4 ( )0.5 (the)4.1 ( )0.5 (Wenzhou)4 ( )0.5 (section)4 ( )0.5 (of)4 ( )0.5 (YongTaiWen)4 ( )]TJ 0.034 Tc 0.074 Tw 0 -1.231 Td [(Expressway)9 ( )0.5 (with)9 ( )0.5 (a)9 ( )0.5 (total)9 ( )0.5 (length)9 ( )0.5 (of)9 ( )0.5 (1)9 (3)9 (9)9 (km.)9 ( )0.5 (During)9 ( )0.5 (the)9 ( )0.5 (Period,)9 ( )0.5 (the)9 ( )0.5 (associate)9.1 ( company)9 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (achieved a net profit of Rmb134.09 million.)Tj 0.055 Tc 0.07 Tw 0 -2.462 Td [(Z)0.5 (h)0.5 (e)0.5 (j)0.5 (i)0.5 (a)0.6 (n)0.5 (g)13 ( )0.5 (C)0.5 (o)0.5 (m)0.5 (m)0.5 (u)0.5 (n)0.5 (i)0.5 (c)0.5 (a)0.6 (t)0.5 (i)0.5 (on)0.6 (s)13 ( )0.5 (I)0.5 (n)0.5 (v)0.5 (e)0.5 (s)0.5 (t)0.5 (m)0.5 (e)0.6 (n)0.5 (t)13 ( )0.5 (G)0.5 (r)0.5 (o)0.5 (u)0.5 (p)13 ( )0.5 (F)0.5 (i)0.5 (n)0.5 (a)0.6 (n)0.5 (c)0.5 (e)13 ( )0.5 (C)0.5 (o)0.5 (.)0.5 (,)13 ( )0.5 (L)0.5 (t)0.5 (d)0.5 (.)13 ( )0.6 (\()0.5 (a)13 ( )0.5 (2)13 (0)13 (.)13 (0)13 (8)13 (%)13 ( )0.5 (o)0.6 (w)0.5 (n)0.5 (e)0.5 (d)30 ( )]TJ 0.044 Tc 0 -1.231 Td [(a)0.5 (s)0.6 (s)0.5 (o)0.5 (c)0.5 (i)0.5 (a)0.6 (t)0.5 (e)13 ( )0.5 (o)0.5 (f)13.1 ( )0.5 (t)0.5 (h)0.5 (e)13.1 ( )0.5 (C)0.5 (o)0.5 (m)0.5 (p)0.6 (a)0.5 (n)0.5 (y)13 ( )0.5 (a)0.6 (s)13 ( )0.5 (a)0.5 (t)13.1 ( )0.5 (t)0.5 (h)0.5 (e)13 ( )0.6 (e)0.5 (n)0.5 (d)13 ( )0.6 (o)0.5 (f)13 ( )0.5 (t)0.5 (h)0.5 (e)13.1 ( )0.5 (P)0.5 (e)0.5 (r)0.6 (i)0.5 (o)0.5 (d)0.5 (\))13 ( )0.6 (d)0.5 (e)0.5 (r)0.5 (i)0.5 (v)0.6 (e)0.5 (s)13 ( )0.5 (i)0.5 (n)0.6 (c)0.5 (o)0.5 (m)0.5 (e)13 ( )0.6 (m)0.5 (a)0.5 (i)0.5 (n)0.5 (l)0.6 (y)13 ( )0.5 (f)0.5 (r)0.5 (o)0.6 (m)19 ( )]TJ 0.039 Tc 0 -1.231 Td [(i)0.5 (n)0.5 (t)0.5 (e)0.5 (r)0.6 (e)0.5 (s)0.5 (t)0.5 (,)13 ( )0.5 (f)0.5 (e)0.5 (e)0.5 (s)13.1 ( )0.5 (a)0.5 (n)0.5 (d)13 ( )0.5 (c)0.5 (o)0.5 (m)0.5 (m)0.5 (i)0.5 (s)0.5 (s)0.6 (i)0.5 (o)0.5 (n)0.5 (s)13 ( )0.5 (f)0.5 (o)0.5 (r)13 ( )0.5 (p)0.5 (r)0.5 (o)0.6 (v)0.5 (i)0.5 (d)0.5 (i)0.5 (n)0.5 (g)13 ( )0.5 (f)0.5 (i)0.5 (n)0.5 (a)0.5 (n)0.5 (c)0.6 (i)0.5 (a)0.5 (l)13 ( )0.5 (s)0.5 (e)0.5 (r)0.5 (v)0.5 (i)0.5 (c)0.6 (e)0.5 (s)0.5 (,)13 ( )0.5 (i)0.5 (n)0.5 (c)0.5 (l)0.5 (u)0.5 (d)0.5 (i)0.6 (n)0.5 (g)13 ( )0.5 (a)0.5 (r)0.5 (r)0.5 (a)0.5 (n)0.5 (g)0.5 (i)0.5 (n)0.5 (g)14 ( )]TJ 0.042 Tc 0 -1.231 Td [(loans)12.6 ( and)12.5 ( receiving)12.5 ( deposits,)12.5 ( for)12.5 ( Zhejiang)12.5 ( Communications)12.5 ( Investment)12.5 ( Group)12.5 ( Co.,)17 ( )]TJ 0.048 Tc 0 -1.231 Td [(Ltd.,)12.2 ( the)12.3 ( controlling)12.2 ( shareholder)12.2 ( of)12.3 ( the)12.3 ( Company,)12.3 ( and)12.2 ( its)12.2 ( subsidiaries.)12.2 ( During)12.2 ( the)23 ( )]TJ 0.023 Tc 0 Tw 0 -1.231 Td [(Period, the associate company recorded a net profit of Rmb215.16 million\, representing)-2 ( )]TJ 0.025 Tc 0 -1.231 Td (a year-on-year decrease of 49.9%.)Tj 0.072 Tc 0.07 Tw 0 -2.462 Td [(Yangtze)12.7 ( United)12.7 ( Financial)12.8 ( Leasing)12.8 ( Co.,)12.8 ( Ltd.)12.7 ( \(a)12.7 ( 1)12.7 (0)12.8 (.)12.7 (6)12.8 (1)12.7 (%)12.8 ( owned)12.7 ( associate)12.7 ( of)12.7 ( the)47 ( )]TJ 0.025 Tc 0.03 Tw 0 -1.231 Td (Company as at the end of the Period\) is primarily engaged in finance le\asing business, )Tj 0.076 Tc -0.076 Tw 0 -1.231 Td (transferring)Tj 0.07 Tw 5.563 0 Td [( and)12.6 ( receiving)12.5 ( of)12.6 ( financial)12.6 ( leasing)12.6 ( assets,)12.6 ( fixed-income)12.6 ( securities)51 ( )]TJ 0.057 Tc -5.563 -1.231 Td [(investment,)12.5 ( and)12.5 ( other)12.5 ( businesses)12.6 ( approved)12.6 ( by)12.5 ( the)12.5 ( National)12.5 ( Financial)12.5 ( Regulatory)32.1 ( )]TJ 0.047 Tc 0 -1.231 Td [(Administration.)12.7 ( During)12.6 ( the)12.7 ( Period,)12.6 ( the)12.7 ( associate)12.6 ( company)12.7 ( recorded)12.7 ( a)12.7 ( net)12.7 ( profit)12.7 ( of)22 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Rmb335.27 million, representing )Tj 0 Tc (a)Tj 0.025 Tc 14.797 0 Td ( year-on-year increase of 3.2%.)Tj 0.081 Tc 0.07 Tw -14.797 -2.462 Td [(Shanghai)12.6 ( Rural)12.7 ( Commercial)12.7 ( Bank)12.6 ( Co.,)12.7 ( Ltd.)12.6 ( \(a)12.6 ( 4)12.7 (.)12.6 (9)12.6 (6)12.7 (%)12.6 ( owned)12.7 ( associate)12.7 ( of)12.6 ( the)56 ( )]TJ 0.045 Tc 0 -1.231 Td [(Company)12.4 ( as)12.3 ( at)12.3 ( the)12.3 ( end)12.3 ( of)12.3 ( the)12.4 ( Period\))12.4 ( is)12.4 ( primarily)12.3 ( engaged)12.4 ( in)12.4 ( commercial)12.3 ( banking)20 ( )]TJ 0.052 Tc 0 -1.231 Td [(business,)12.5 ( including)12.5 ( deposits,)12.5 ( short-,)12.5 ( medium-,)12.5 ( and)12.5 ( long-term)12.5 ( loans,)12.5 ( domestic)12.5 ( and)27 ( )]TJ 0.025 Tc 0.066 Tw 0 -1.231 Td (overseas settlements and other businesses that are approved by the Natio\nal Financial )Tj 0.031 Tc 0.077 Tw 0 -1.231 Td [(Regulatory)6 ( )0.5 (Administration.)6 ( )0.5 (During)6 ( )0.5 (the)6 ( )0.5 (Period,)6.1 ( )0.5 (the)6 ( )0.5 (associate)6.1 ( )0.5 (company)6 ( )0.5 (recorded)6.1 ( )0.5 (a)6 ( )0.5 (net)6 ( )]TJ 0.026 Tc 0.082 Tw 0 -1.231 Td [(profit)1 ( )0.6 (attributable)1 ( )0.5 (to)1 ( )0.5 (the)1 ( )0.5 (owners)1 ( )0.5 (of)1 ( )0.5 (Rmb)1 (6)1 (,)1 (9)1 (6)1 (2)1 (.)1 (8)1 (5)1 ( )0.5 (million,)1 ( )0.5 (representing)1 ( )0.6 (a)1 ( )0.5 (year-on-year)1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (increase of 0.5%.)Tj 0.06 Tc 0.07 Tw 0 -2.462 Td [(Zhejiang)12.8 ( Zheshang)12.7 ( Transform)12.7 ( and)12.8 ( Upgrade)12.8 ( Fund)12.7 ( of)12.7 ( Funds)12.8 ( Partnership)12.8 ( \(Limited)35 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(Partnership\))4 ( )0.5 (\(a)4 ( )0.5 (2)4 (4)4 (.)4 (9)4 (9)4 (%)4 ( )0.5 (owned)4 ( )0.5 (associate)4 ( )0.5 (of)4 ( )0.5 (the)4 ( )0.5 (Company)4 ( )0.5 (as)4 ( )0.5 (at)4 ( )0.5 (the)4 ( )0.5 (end)4.1 ( )0.5 (of)4 ( )0.5 (the)4 ( )0.5 (Period\))4.1 ( )]TJ 0.025 Tc 0.064 Tw 0 -1.231 Td [(was )0.5 (primarily engaged )0.5 (in equity )0.5 (investments, )0.5 (investment management )0.5 (and investment )]TJ 0.007 Tw 0 -1.231 Td (consultation. During the Period, the share of net loss of the associate \attributable to the )Tj 0 Tw 0 -1.231 Td (Company is Rmb8.59 million.)Tj ET endstreamendobj78 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 29 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.047 Tc 0.07 Tw 13 0 0 13 56.6929 773.5878 Tm [(D)0.5 (uri)0.5 (ng)13 ( th)0.5 (e)12.9 ( )0.5 (Pe)0.5 (ri)0.5 (od,)13 ( b)0.5 (y)12.9 ( s)0.5 (e)0.5 (izi)0.5 (ng)13 ( t)0.5 (he)13 ( po)0.5 (li)0.5 (cy)13 ( op)0.5 (po)0.5 (rtu)0.5 (nit)0.5 (ie)0.5 (s)12.9 ( )0.5 (ar)0.5 (is)0.5 (ing)13 ( f)0.5 (ro)0.5 (m)12.9 ( )0.5 (str)0.5 (on)0.5 (g)12.9 ( )0.5 (sup)0.5 (po)0.5 (rt)22 ( )]TJ 0.035 Tc 0.073 Tw 0 -1.231 Td [(of)10 ( )0.5 (the)10 ( )0.5 (regulatory)10 ( )0.5 (authorities)10 ( )0.6 (for)10 ( )0.5 (mergers)10 ( )0.5 (&)10 ( )0.5 (acquisitions)10 ( )0.5 (and)10 ( )0.5 (restructuring,)10 ( )0.5 (Zheshang)10 ( )]TJ 0.025 Tc 0.031 Tw 0 -1.231 Td (Securities acquired a cumulative total of 34.2546% equity interest in Gu\odu Securities )Tj 0.05 Tc 0.07 Tw 0 -1.231 Td [(C)0.5 (o)0.6 (.)0.5 (,)13.1 ( )0.5 (L)0.5 (t)0.6 (d)0.5 (.)13.1 ( )0.5 (\()0.6 (\223)]TJ /T1_1 1 Tf 5.292 0 Td [(G)0.5 (u)0.6 (o)0.5 (d)0.6 (u)13 ( )0.5 (S)0.6 (e)0.5 (c)0.6 (u)0.5 (r)0.6 (i)0.5 (t)0.6 (i)0.5 (e)0.5 (s)]TJ /T1_0 1 Tf 8.211 0 Td [(\224)0.5 (\))13.1 ( )0.6 (b)0.5 (y)13 ( )0.6 (w)0.5 (a)0.6 (y)13 ( )0.5 (o)0.6 (f)13 ( )0.6 (a)0.5 (g)0.6 (r)0.5 (e)0.6 (e)0.5 (m)0.6 (e)0.5 (n)0.5 (t)13.1 ( )0.5 (t)0.6 (r)0.5 (a)0.6 (n)0.5 (s)0.5 (f)0.6 (e)0.6 (r)13 ( )0.5 (a)0.6 (n)0.5 (d)13.1 ( )0.5 (p)0.5 (u)0.6 (b)0.5 (l)0.6 (i)0.5 (c)13 ( )0.6 (a)0.6 (u)0.5 (c)0.5 (t)0.6 (i)0.5 (o)0.6 (n)0.5 (,)25 ( )]TJ 0.028 Tc 0.08 Tw -13.502 -1.231 Td [(with)3 ( )0.5 (a)3.1 ( )0.5 (view)3 ( )0.5 (to)3 ( )0.5 (effectively)3 ( )0.5 (integrating)3 ( )0.5 (resources)3 ( )0.5 (of)3 ( )0.5 (Guodu)3 ( )0.6 (Securities)3 ( )0.5 (through)3 ( )0.5 (mergers)3 ( )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(a)0.5 (n)0.5 (d)6.1 ( )0.5 (a)0.5 (c)0.5 (q)0.5 (u)0.6 (i)0.5 (s)0.5 (i)0.5 (t)0.5 (i)0.5 (o)0.6 (n)0.5 (s)0.5 (,)6 ( )0.5 (r)0.5 (e)0.6 (a)0.5 (l)0.5 (i)0.5 (z)0.6 (i)0.5 (n)0.5 (g)6 ( )0.5 (c)0.5 (o)0.5 (m)0.6 (p)0.5 (l)0.5 (e)0.5 (m)0.5 (e)0.6 (n)0.5 (t)0.5 (a)0.5 (r)0.6 (i)0.5 (t)0.5 (y)6 ( )0.5 (o)0.5 (f)6 ( )0.5 (i)0.6 (t)0.5 (s)6 ( )0.5 (b)0.5 (u)0.5 (s)0.5 (i)0.6 (n)0.5 (e)0.5 (s)0.5 (s)6 ( )0.5 (s)0.6 (t)0.5 (r)0.5 (e)0.5 (n)0.6 (g)0.5 (t)0.5 (h)0.5 (s)0.5 (,)6 ( )0.5 (a)0.6 (n)0.5 (d)6 ( )0.5 (f)0.5 (a)0.5 (c)0.6 (i)0.5 (l)0.5 (i)0.5 (t)0.5 (a)0.6 (t)0.5 (i)0.5 (n)0.5 (g)6 ( )]TJ 0.025 Tc 0.014 Tw 0 -1.231 Td (expansion of its own scale to enhance its competitiveness in the market \and position in )Tj 0 Tw 0 -1.231 Td (the industry.)Tj 0.066 Tc 0.07 Tw 0 -2.462 Td [(During)12.8 ( the)12.7 ( Period,)12.7 ( Zheshang)12.7 ( Securities)12.8 ( recorded)12.7 ( total)12.7 ( revenue)12.7 ( of)12.7 ( Rmb)12.7 (2)12.7 (,)12.7 (8)12.7 (0)12.7 (5)12.7 (.)12.7 (9)12.7 (4)41 ( )]TJ 0.048 Tc -0.048 Tw 0 -1.231 Td [(million,)12.4 ( )]TJ 3.88 0 Td (representing)Tj 0.07 Tw 5.507 0 Td [( a)12.5 ( year-on-year)12.4 ( decrease)12.5 ( of)12.5 ( 1)12.5 (1)12.5 (.)12.5 (2)12.4 (%,)12.5 ( of)12.5 ( which)12.5 ( commission)12.5 ( and)23 ( )]TJ 0.041 Tc -9.386 -1.231 Td [(fee)12.2 ( income)12.2 ( to)12.2 ( Rmb)12.2 (1)12.2 (,)12.2 (6)12.2 (0)12.2 (9)12.2 (.)12.2 (0)12.2 (2)12.2 ( million,)12.2 ( representing)12.2 ( a)12.2 ( year-on-year)12.2 ( decrease)12.2 ( of)12.2 ( 1)12.2 (8)12.3 (.)12.1 (6)12.3 (%)16 ( )]TJ 0.035 Tc 0.073 Tw 0 -1.231 Td [(a)0.5 (nd)10 ( )0.5 (in)0.5 (te)0.5 (res)0.5 (t)10 ( )0.5 (in)0.5 (com)0.5 (e)10 ( )0.5 (fr)0.5 (om)10 ( )0.5 (s)0.5 (ec)0.5 (uri)0.5 (tie)0.5 (s)10 ( )0.5 (b)0.5 (usi)0.5 (nes)0.5 (s)10 ( )0.5 (w)0.5 (as)10 ( )0.5 (R)0.5 (mb)10 (1)10 (,)10 (1)10 (9)10 (6)10 (.)10 (9)10 (2)10 ( )0.5 (m)0.5 (ill)0.5 (ion)0.5 (,)10 ( )0.5 (re)0.5 (pr)0.5 (ese)0.5 (nt)0.5 (ing)10 ( )]TJ 0.046 Tc 0.07 Tw 0 -1.231 Td [(a)12.8 ( year-on-year)12.8 ( increase)12.8 ( of)12.8 ( 1)12.8 (.)12.8 (1)12.8 (%.)12.8 ( During)12.7 ( the)12.8 ( Period,)12.8 ( securities)12.8 ( investment)12.8 ( gains)12.8 ( of)21 ( )]TJ 0.025 Tc 0.033 Tw 0 -1.231 Td (Zheshang Securities included in the condensed consolidated statement of \profit or loss )Tj 0.04 Tw 0 -1.231 Td [(and )0.5 (other )0.5 (comprehensive )0.5 (income of )0.5 (the Group was )0.5 (Rmb574.77 )0.5 (million, representing )0.5 (a )]TJ 0 Tw 0 -1.231 Td (year-on-year decrease of 35.1%.)Tj /T1_1 1 Tf 0 -2.462 Td (Hotel and Catering Business)Tj /T1_0 1 Tf 0.077 Tw 0 -2.462 Td (Grand New Century Hotel, owned by Zhejiang Linping Expressway Co., Ltd. \\(a 51% )Tj 0.039 Tc 0.07 Tw 0 -1.231 Td [(o)0.5 (w)0.6 (n)0.5 (e)0.6 (d)13 ( )0.6 (s)0.5 (u)0.6 (b)0.5 (s)0.6 (i)0.5 (d)0.6 (i)0.5 (a)0.5 (r)0.6 (y)13 ( )0.6 (o)0.5 (f)13.1 ( )0.5 (t)0.6 (h)0.5 (e)13.1 ( )0.5 (C)0.6 (o)0.5 (m)0.6 (p)0.5 (a)0.5 (n)0.6 (y)13 ( )0.6 (a)0.5 (s)13.1 ( )0.5 (a)0.6 (t)13 ( )0.6 (t)0.5 (h)0.6 (e)13 ( )0.6 (e)0.5 (n)0.6 (d)13 ( )0.6 (o)0.5 (f)13.1 ( )0.5 (t)0.5 (h)0.6 (e)13 ( )0.6 (P)0.5 (e)0.6 (r)0.5 (i)0.6 (o)0.5 (d)0.6 (\))0.5 (,)13 ( )0.6 (r)0.5 (e)0.6 (c)0.6 (o)0.5 (r)0.6 (d)0.5 (e)0.6 (d)13 ( )0.5 (r)0.6 (e)0.5 (v)0.6 (e)0.5 (n)0.6 (u)0.5 (e)13.1 ( )0.5 (o)0.6 (f)14 ( )]TJ 0.057 Tc 0 -1.231 Td [(Rmb)12.2 (3)12.1 (2)12.1 (.)12.1 (1)12.1 (0)12.1 ( million)12.1 ( for)12.1 ( the)12.1 ( Period,)12.1 ( representing)12.1 ( a)12.1 ( year-on-year)12.1 ( decrease)12.1 ( of)12.2 ( 2)12.1 (1)12.1 (.)12.1 (4)12.1 (%)32.1 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (year-on-year.)Tj 0.06 Tc 0.07 Tw 0 -2.462 Td [(Zhejiang)12.6 ( Grand)12.6 ( Hotel,)12.6 ( owned)12.6 ( by)12.6 ( Zhejiang)12.6 ( Grand)12.6 ( Hotel)12.6 ( Limited)12.6 ( \(a)12.6 ( 1)12.6 (0)12.6 (0)12.6 (%)12.6 ( owned)35 ( )]TJ 0.025 Tc 0.02 Tw 0 -1.231 Td (subsidiary of the Company as at the end of the Period\), recorded revenu\e of Rmb19.69 )Tj 0 Tw 0 -1.231 Td (million for the Period, representing a year-on-year increase of 2.7%.)Tj /T1_1 1 Tf 0 -2.462 Td (Long-Term Investments)Tj /T1_0 1 Tf 0.043 Tc 0.07 Tw 0 -2.462 Td [(Zhejiang)12.4 ( Shaoxing)12.4 ( Shengxin)12.5 ( Expressway)12.4 ( Co.,)12.4 ( Ltd.)12.4 ( \(\223)]TJ /T1_1 1 Tf [(Shengxin)12.4 ( Co)]TJ /T1_0 1 Tf 0.031 Tc 0.082 Tw [(\224)-12.1 (,)0.5 ( a)0.5 ( 50%)0.5 ( o)-12.1 (w)-12 (n)-12.1 (e)-12.1 (d)6.1 ( )]TJ 0.039 Tc 0.07 Tw 0 -1.231 Td [(joint)12.3 ( venture)12.3 ( of)12.3 ( the)12.3 ( Company)12.3 ( as)12.3 ( at)12.3 ( the)12.3 ( end)12.3 ( of)12.3 ( the)12.3 ( Period\))12.3 ( owns)12.4 ( the)12.4 ( 7)12.3 (3)12.3 (km)12.3 ( Shaoxing)14 ( )]TJ 0.025 Tc 0.017 Tw 0 -1.231 Td (Section of Ningbo-Jinhua Expressway. During the Period, average daily tr\affic volume )Tj 0.004 Tw 0 -1.231 Td (in full-trip equivalents was 29,998, representing a year-on-year increas\e of 2.59%. Toll )Tj 0.019 Tw 0 -1.231 Td (revenue was Rmb264.21 million, representing a year-on-year increase of 4\.4%. During )Tj 0.045 Tw 0 -1.231 Td (the Period, the joint venture recorded a net profit of Rmb79.83 million,\ representing a )Tj 0 Tw 0 -1.231 Td (year-on-year increase of 21.4%.)Tj 0.041 Tc 0.07 Tw 0 -2.462 Td [(Zhejiang)12.5 ( Zhijiang)12.5 ( Communications)12.4 ( Holding)]TJ 0 Tc 0 Tw (s)Tj 0.041 Tc 0.07 Tw 20.037 0 Td [( Co.,)12.5 ( Ltd.)12.5 ( \(a)12.5 ( 5)12.4 (0)12.5 (%)12.5 ( owned)12.5 ( joint)12.5 ( venture)16 ( )]TJ 0.058 Tc -20.037 -1.231 Td [(of)12.9 ( the)12.9 ( Company)12.8 ( as)12.9 ( at)12.9 ( the)12.9 ( end)12.9 ( of)12.9 ( the)12.9 ( Period\))12.9 ( is)12.9 ( primarily)12.9 ( engaged)12.9 ( in)12.9 ( expressw)0.5 (ay)33 ( )]TJ 0.026 Tc 0.082 Tw 0 -1.231 Td [(investment)1 ( )0.5 (and)0.9 ( )0.6 (wholly)1 ( )0.5 (owns)1 ( )0.5 (the)1 ( )0.5 (1)1 (4)1 (5)1 (km)1 ( )0.5 (Yonglan)1 ( )0.5 (Expressway.)1 ( )0.5 (During)1 ( )0.5 (the)1 ( )0.5 (Period,)1 ( )0.5 (the)1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (joint venture recorded a net loss of Rmb71.89 million.)Tj ET endstreamendobj77 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 28 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.049 Tc 0.07 Tw 13 0 0 13 56.6929 773.5878 Tm [(During)12.8 ( the)12.8 ( Period,)12.8 ( total)12.7 ( toll)12.7 ( revenue)12.8 ( from)12.7 ( the)12.8 ( 2)12.7 (4)12.8 (8)12.8 (km)12.8 ( Shanghai-Hangzhou-Ningbo)24 ( )]TJ 0.068 Tc 0 -1.231 Td [(Expressway,)12.5 ( the)12.6 ( 1)12.5 (4)12.6 (1)12.5 (km)12.6 ( Shangsan)12.5 ( Expressway,)12.6 ( the)12.5 ( 7)12.6 (0)12.5 (km)12.6 ( Jinhua)12.5 ( Section)12.5 ( of)12.5 ( the)43 ( )]TJ 0.059 Tc 0 -1.231 Td [(Ningbo-Jinhua)12.7 ( Expressway,)12.7 ( the)12.7 ( 1)12.8 (2)12.7 (2)12.6 (km)12.6 ( Hanghui)12.7 ( Expressway,)12.7 ( the)12.7 ( 8)12.7 (2)12.7 (km)12.7 ( Huihang)34 ( )]TJ 0.025 Tc 0.038 Tw 0 -1.231 Td (Expressway, the 46km Zhoushan Bay Bridge, the 222km LongLiLiLong Express\ways, )Tj 0.078 Tc 0.07 Tw 0 -1.231 Td [(the)12.9 ( 5)12.9 (0)12.8 (km)12.8 ( Zhajiasu)12.8 ( Expressway)12.8 ( and)12.9 ( the)12.9 ( 1)12.9 (6)12.8 (1)12.9 (km)12.9 ( HuangQuNan)12.8 ( Expressway)12.8 ( was)53 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Rmb5,112.57 million.)Tj 0 -2.462 Td [(D)0.5 (uri)0.5 (ng )0.5 (the)0.5 ( Pe)0.5 (ri)0.5 (od,)0.5 ( t)0.5 (he )0.5 (da)0.5 (ily )0.5 (av)0.5 (er)0.5 (ag)0.5 (e t)0.5 (ra)0.5 (ffi)0.5 (c )0.5 (vol)0.5 (ume)0.5 ( i)0.5 (n f)0.5 (ull)0.5 (-tr)0.5 (ip)0.5 ( eq)0.5 (uiv)0.5 (al)0.5 (ent)0.5 (s,)0.5 ( to)0.5 (ll )0.5 (rev)0.5 (en)0.5 (ue )]TJ 0.006 Tw 0 -1.231 Td (and the corresponding year-on-year growth rates on the Group\222s expres\sways are listed )Tj -0.025 Tw 0 -1.231 Td (below:)Tj /T1_1 1 Tf 0 Tw 10.4 0 0 13 56.6929 549.5878 Tm (The Group\222s Expressway Sections)Tj -0.025 Tw 23.515 3.692 Td (Daily )Tj -1.326 -1.231 Td (Average )Tj 0.555 -1.231 Td (Traffic )Tj -0.309 -1.231 Td (Volume)Tj 4.277 1.231 Td (Year-on-year )Tj 2.537 -1.231 Td (Growth)Tj 8.474 1.231 Td (Toll )Tj -2.018 -1.231 Td (Revenue)Tj 4.635 1.231 Td (Year-on-year )Tj 2.537 -1.231 Td (Growth)Tj /T1_0 1 Tf 0 Tw 10.4 0 3.4833 13 269.2393 533.5878 Tm (\(in Full-Trip )Tj -0.025 Tw 0.41 -1.231 Td (Equivalents\))Tj 0 Tw 12.907 0 Td (\(Rmb million\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 266.4567 513.1777 cm 0 0 m 59.528 0 l S Q BT 0 Tc 13 0 3.4833 13 260.7874 514.5787 Tm ( )Tj ET q 1 0 0 1 337.3228 513.1777 cm 0 0 m 59.528 0 l S Q BT 13 0 3.4833 13 331.6535 514.5787 Tm ( )Tj ET q 1 0 0 1 408.189 513.1777 cm 0 0 m 59.528 0 l S Q BT 13 0 3.4833 13 402.5197 514.5787 Tm ( )Tj ET q 1 0 0 1 479.0551 513.1777 cm 0 0 m 59.528 0 l S Q BT 13 0 3.4833 13 473.3858 514.5787 Tm ( )Tj 0.025 Tc 10.4 0 0 13 56.6929 482.5787 Tm (Shanghai-Hangzhou-Ningbo Expressway)Tj -0.025 Tw 23.018 0 Td (89,094)Tj 7.006 -0 Td (2.62%)Tj 5.822 0 Td (2,380.73)Tj 8.331 -0 Td (1.0%)Tj 0 Tw -43.169 -1.231 Td (\226 Shanghai-Hangzhou Section)Tj -0.025 Tw 22.01 0 Td (89,810)Tj 7.006 0 Td (3.11%)Tj 0 Tw -29.016 -1.231 Td (\226 Hangzhou-Ningbo Section)Tj -0.025 Tw 22.01 0 Td (88,571)Tj 7.006 0 Td (2.27%)Tj 0 Tw -30.024 -1.231 Td (Shangsan Expressway)Tj -0.025 Tw 23.018 0 Td (33,779)Tj 7.006 0 Td (3.43%)Tj 6.622 0 Td (550.38)Tj 7.531 0 Td (4.4%)Tj 0 Tw -44.178 -1.231 Td (Jinhua Section, Ningbo-Jinhua Expressway)Tj -0.025 Tw 23.018 0 Td (33,547)Tj 7.006 0 Td (1.35%)Tj 6.622 0 Td (269.26)Tj 7.531 0 Td (1.9%)Tj 0 Tw -44.178 -1.231 Td (Hanghui Expressway)Tj -0.025 Tw 23.018 0 Td (29,501)Tj 7.006 0 Td (1.81%)Tj 6.622 0 Td (354.21)Tj 7.531 0 Td (0.3%)Tj 0 Tw -44.178 -1.231 Td (Huihang Expressway)Tj -0.025 Tw 23.018 0 Td (13,108)Tj 6.648 0 Td (-0.76%)Tj 6.98 0 Td (101.40)Tj 7.173 0 Td (-0.3%)Tj 0 Tw -43.82 -1.231 Td (Zhoushan Bay Bridge)Tj -0.025 Tw 23.018 0 Td (29,328)Tj 7.006 0 Td (3.66%)Tj 6.622 0 Td (570.78)Tj 7.531 0 Td (3.7%)Tj 0 Tw -44.178 -1.231 Td (LongLiLiLong Expressways)Tj -0.025 Tw 23.018 0 Td (16,518)Tj 7.006 0 Td (4.89%)Tj 6.622 0 Td (387.12)Tj 7.531 0 Td (2.9%)Tj 0 Tw -44.178 -1.231 Td (Zhajiasu Expressway)Tj -0.025 Tw 23.018 0 Td (41,886)Tj 7.006 0 Td (3.93%)Tj 6.622 0 Td (236.71)Tj 7.531 0 Td (4.6%)Tj 0 Tw -44.178 -1.231 Td (HuangQuNan Expressway)Tj -0.025 Tw 23.018 0 Td (12,895)Tj 7.006 0 Td (7.53%)Tj 6.622 0 Td (261.98)Tj 7.531 0 Td (5.4%)Tj /T1_1 1 Tf 0 Tw 13 0 0 13 56.6929 292.2292 Tm (Securities Business)Tj /T1_0 1 Tf 0.088 Tc 0.07 Tw 0 -2.462 Td [(In)12.9 ( the)12.8 ( first)12.9 ( half)12.9 ( of)12.9 ( 2)12.9 (0)12.8 (2)12.8 (4)12.9 (,)12.8 ( under)12.8 ( the)12.9 ( circumstances)12.9 ( of)12.9 ( a)12.9 ( complicated)12.8 ( external)63 ( )]TJ 0.025 Tc 0.021 Tw 0 -1.231 Td (environment and insufficient investor confidence, domestic capital marke\t experienced )Tj 0.037 Tc 0.071 Tw 0 -1.231 Td [(drastic)12 ( )0.5 (fluctuations,)12 ( )0.5 (average)12 ( )0.5 (daily)12 ( )0.5 (turnover)12 ( )0.5 (of)12 ( )0.5 (A)12 ( )0.5 (shares)12 ( )0.5 (declined)12 ( )0.5 (significantly,)12 ( )0.5 (scale)12 ( )]TJ 0.025 Tc 0.068 Tw 0 -1.231 Td (of IPO and refinancing shrank significantly, and regulators continued to\ promote fees )Tj 0.042 Tc 0.07 Tw 0 -1.231 Td [(reduction)12.5 ( and)12.6 ( interest)12.5 ( concession,)12.6 ( causing)12.5 ( a)12.5 ( huge)12.6 ( impact)12.6 ( on)12.5 ( the)12.6 ( securities)12.5 ( industry)17.1 ( )]TJ 0.043 Tc 0 -1.231 Td [(and)12.1 ( a)12.1 ( general)12.1 ( pressure)12.2 ( for)12.2 ( the)12.1 ( overall)12.1 ( performance.)12.1 ( In)12.2 ( the)12.2 ( face)12.1 ( of)12.2 ( an)12.1 ( exceptionally)18 ( )]TJ 0.025 Tc 0.047 Tw 0 -1.231 Td (difficult operating environment, Zheshang Securities rose to the challen\ge, thoroughly )Tj 0.042 Tw 0 -1.231 Td (deepened its reform, adjusted its business layout in a timely manner, an\d concentrated )Tj 0.056 Tc 0.069 Tw 0 -1.231 Td [(r)0.5 (e)0.5 (s)0.6 (o)0.5 (u)0.5 (r)0.5 (c)0.5 (e)0.5 (s)13 ( a)0.5 (n)0.5 (d)13 ( s)0.5 (t)0.5 (r)0.6 (e)0.5 (n)0.5 (g)0.5 (t)0.5 (h)13 ( o)0.5 (f)13 ( a)0.6 (l)0.5 (l)13 ( p)0.5 (a)0.5 (r)0.5 (t)0.5 (i)0.5 (e)0.6 (s)13 ( t)0.5 (o)13 ( s)0.5 (a)0.6 (f)0.5 (e)0.5 (g)0.5 (u)0.5 (a)0.5 (r)0.5 (d)13.1 ( s)0.5 (t)0.5 (a)0.5 (b)0.5 (i)0.5 (l)0.5 (i)0.6 (t)0.5 (y)13 ( o)0.5 (f)13 ( i)0.5 (t)0.5 (s)13 ( o)0.6 (v)0.5 (e)0.5 (r)0.5 (a)0.5 (l)0.5 (l)13 ( b)0.5 (u)0.6 (s)0.5 (i)0.5 (n)0.5 (e)0.5 (s)0.5 (s)31 ( )]TJ 0.025 Tc 0.009 Tw 0 -1.231 Td (development, with overall performance better than industry average despi\te the decline )Tj 0 Tw 0 -1.231 Td (in its operating results.)Tj ET endstreamendobj76 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 27 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.077 Tw 13 0 0 13 56.6929 773.5878 Tm (In addition, the traffic volume of some of the Group\222s expressways wa\s also affected )Tj 0.053 Tc 0.07 Tw 0 -1.231 Td [(by)12.8 ( the)12.8 ( development)12.9 ( of)12.9 ( neighboring)12.8 ( industries)12.8 ( and)12.8 ( changes)12.8 ( in)12.8 ( road)12.9 ( networks.)12.8 ( The)28.1 ( )]TJ 0.027 Tc 0.081 Tw 0 -1.231 Td [(development)2 ( )0.5 (of)2 ( )0.5 (Zhoushan)2 ( )0.5 (industrial)2 ( park)2 ( )0.5 (and)2 ( )0.5 (the)2 ( )0.5 (construction)2 ( )0.5 (of)2 ( )0.5 (the)2 ( )0.5 (Parallel)2 ( )0.5 (Line)2 ( )0.5 (of)2 ( )]TJ 0.024 Tc 0 Tw 0 -1.231 Td [(Ningbo-Zhoushan Expressway led to an increase in demand for freight tran\sport, which)-1 ( )]TJ 0.025 Tc 0.008 Tw 0 -1.231 Td (was conducive to the growth of traffic volume of trucks on Zhoushan Bay \Bridge; both )Tj 0.011 Tw 0 -1.231 Td (the Hangzhou to Shaoxing Section of Hangzhou-Shaoxing-Ningbo Expressway \and the )Tj 0.036 Tc 0.072 Tw 0 -1.231 Td [(Hangzhou-Ningbo)11 ( )0.5 (Expressway)11 ( )0.5 (Parallel)11 ( )0.5 (Line)11 ( )0.5 (Phase)11 ( )0.5 (I)11 ( )0.5 (opened)11 ( )0.5 (to)11 ( )0.5 (traffic)11 ( )0.5 (since)11.1 ( )0.5 (January)11 ( )]TJ 0.025 Tc 0.069 Tw 0 -1.231 Td (19, 2024, and the Ningbo-Jinhua Railway opened to traffic since December\ 31, 2023, )Tj 0.028 Tc 0.08 Tw 0 -1.231 Td [(leading)3 ( )0.5 (to)3 ( )0.5 (a)3 ( )0.5 (certain)3 ( )0.6 (diversion)3 ( )0.6 (of)3 ( )0.5 (the)3 ( )0.5 (traffic)3 ( )0.5 (volume)3 ( )0.5 (of)3 ( )0.5 (Hangzhou-Ningbo)3 ( )0.5 (Expressway)3 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (and Zhoushan Bay Bridge, as well as Ningbo-Jinhua Expressway, respective\ly.)Tj 0.038 Tc 0.07 Tw 0 -2.462 Td [(Looking)12.8 ( back)12.9 ( at)12.9 ( the)12.9 ( first)12.9 ( ha)0.5 (lf)12.9 ( of)12.9 ( 2)12.9 (0)12.9 (2)12.9 (4)12.9 (,)12.9 ( the)13 ( Gr)0.5 (oup)12.9 ( actively)12.9 ( practice)0.5 (d)12.8 ( profit-centered,)13 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(service-centered,)4 ( )0.5 (and)4 ( )0.5 (brand-centered)4 ( )0.5 (development)4 ( )0.5 (strategies)4 ( )0.5 (to)4 ( )0.5 (continuously)4 ( )0.5 (enhance)4 ( )]TJ 0.052 Tc 0.07 Tw 0 -1.231 Td [(the)12.2 ( operating)12.2 ( capacity)12.1 ( of)12.2 ( its)12.2 ( core)12.1 ( expressway)12.1 ( business.)12.1 ( The)12.1 ( Group)12.1 ( independently)27 ( )]TJ 0.051 Tc 0 -1.231 Td [(researched)12.4 ( and)12.4 ( developed)12.5 ( an)12.5 ( intelligent)12.4 ( operation)12.4 ( analysis)12.5 ( platform)12.4 ( to)12.5 ( strengthen)26 ( )]TJ 0.057 Tc 0 -1.231 Td [(inspection,)12.6 ( promoted)12.5 ( unmanned)12.6 ( lane)12.5 ( panoramic)12.5 ( monitoring)12.6 ( on)12.5 ( a)12.6 ( pilot)12.5 ( basis,)12.5 ( and)32.1 ( )]TJ 0.036 Tc 0.072 Tw 0 -1.231 Td [(c)0.5 (ompl)0.5 (ete)0.5 (d)11 ( )0.5 (th)0.5 (e)11 ( )0.5 (inc)0.5 (lu)0.5 (sion)11 ( )0.5 (o)0.5 (f)11 ( )0.5 (si)0.5 (x)10.9 ( )0.6 (dat)0.5 (a)11 ( )0.5 (as)0.5 (set)0.5 (s)11 ( )0.5 (int)0.5 (o)11 ( )0.5 (the)11.1 ( )0.5 (sta)0.5 (te)0.5 (men)0.5 (t)11 ( )0.5 (of)11 ( )0.5 (fi)0.5 (nan)0.5 (ci)0.5 (al)11 ( )0.5 (po)0.5 (sit)0.5 (ion)11 ( )0.5 (t)0.5 (o)11 ( )]TJ 0.023 Tc 0 Tw 0 -1.231 Td [(improve quality and enhance efficiency with technological and digitized \empowerment;)-2 ( )]TJ 0.025 Tc 0.083 Tw 0 -1.231 Td [(launched )0.5 (a )0.5 (series )0.5 (of )0.5 (\223Expressway+\224 )0.5 (actions, )0.5 (such )0.5 (as )0.5 (\223Holiday )0.5 (Economy\224 )0.5 (and )0.5 (\223Truck )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(Attraction\224,)6 ( )0.5 (and)6 ( )0.5 (took)6 ( )0.5 (a)6 ( )0.5 (combination)6 ( )0.5 (of)6.1 ( )0.5 (measures)6.1 ( )0.5 (to)6 ( )0.5 (reduce)6.1 ( )0.5 (the)6 ( )0.5 (shutdown)6 ( )0.5 (duration)6 ( )0.5 (of)6 ( )]TJ 0.025 Tc 0.056 Tw 0 -1.231 Td (toll station entrances to constantly tap the potential of revenue from i\ts core business; )Tj 0.029 Tc 0.079 Tw 0 -1.231 Td [(a)0.5 (n)0.6 (d)4 ( )0.5 (w)0.5 (o)0.6 (n)3.9 ( )0.6 (t)0.5 (h)0.5 (e)4 ( )0.5 (g)0.6 (r)0.5 (o)0.5 (u)0.6 (p)4 ( )0.5 (c)0.5 (h)0.5 (a)0.6 (m)0.5 (p)0.5 (i)0.6 (o)0.5 (n)4 ( )0.5 (o)0.5 (f)4.1 ( )0.5 (t)0.5 (h)0.5 (e)4 ( )0.5 (f)0.6 (i)0.5 (r)0.5 (s)0.6 (t)4 ( )0.5 (N)0.5 (a)0.6 (t)0.5 (i)0.5 (o)0.5 (n)0.6 (a)0.5 (l)4 ( )0.5 (E)0.6 (x)0.5 (p)0.5 (r)0.5 (e)0.6 (s)0.5 (s)0.6 (w)0.5 (a)0.6 (y)3.9 ( )0.5 (V)0.6 (e)0.6 (h)0.5 (i)0.5 (c)0.5 (l)0.6 (e)4 ( )0.5 (R)0.5 (e)0.6 (s)0.5 (c)0.5 (u)0.6 (e)4 ( )0.5 (S)0.5 (k)0.6 (i)0.5 (l)0.5 (l)0.5 (s)4.1 ( )]TJ 0.025 Tc 0.018 Tw 0 -1.231 Td (Competition, and seven cases including \223Zhoushan Digital Toll Station\ \()Tj /C0_0 1 Tf 0.225 Tc -0.225 Tw 31.168 0 Td <040B02860C5B026A03D7>Tj -31.168 -1.231 Td <0D6C0967>Tj /T1_0 1 Tf 0.03 Tc 0.078 Tw 2.375 0 Td [(\)\224)5 ( )0.5 (were)5 ( )0.5 (evaluated)5 ( )0.5 (as)5 ( )0.5 (innovative)5 ( )0.5 (achievements)5 ( )0.5 (of)5 ( )0.5 (management)5 ( )0.5 (modernization)5 ( )0.5 (in)5 ( )]TJ 0.025 Tc 0 Tw -2.375 -1.231 Td (the traffic industry, thus continuously strengthening the brand influenc\e.)Tj 0.036 Tc 0.072 Tw 0 -2.462 Td [(Fu)0.5 (rt)0.5 (her)0.5 (mo)0.5 (re)0.5 (,)11 ( )0.5 (th)0.5 (e)11 ( )0.5 (Gr)0.5 (ou)0.5 (p)10.9 ( )0.5 (e)0.5 (nd)0.5 (ea)0.5 (vo)0.5 (re)0.5 (d)11 ( )0.5 (to)11 ( )0.5 (bu)0.5 (il)0.5 (d)10.9 ( )0.5 (a)11.1 ( )0.5 (de)0.5 (vel)0.5 (op)0.5 (me)0.5 (nt)11 ( )0.5 (pa)0.5 (tt)0.5 (er)0.5 (n)11 ( )0.5 (of)11 ( )0.5 (c)0.5 (ore)11.1 ( )0.5 (bus)0.5 (in)0.5 (es)0.5 (s)11 ( )]TJ 0.069 Tc 0.07 Tw 0 -1.231 Td [(driving)12.1 ( industry)12.1 ( and)12.1 ( industry)12.1 ( rewarding)12.1 ( core)12.1 ( business.)12.1 ( It)12 ( optimized)12.1 ( the)12.1 ( traffic)44 ( )]TJ 0.062 Tc 0 -1.231 Td [(organization)12.6 ( plan)12.6 ( of)12.7 ( Jinhua)12.7 ( Section)12.6 ( of)12.7 ( Ningbo-Jinhua)12.7 ( Expressway)12.6 ( and)12.7 ( Zhajiasu)37 ( )]TJ 0.059 Tc 0 -1.231 Td [(E)0.5 (x)0.5 (p)0.5 (r)0.5 (e)0.5 (s)0.5 (s)0.5 (w)0.5 (a)0.5 (y)13 ( )0.5 (r)0.5 (ec)0.6 (on)0.5 (s)0.5 (t)0.5 (r)0.5 (u)0.5 (c)0.5 (t)0.5 (i)0.5 (o)0.5 (n)13 ( )0.5 (a)0.5 (n)0.5 (d)12.9 ( )0.5 (e)0.5 (x)0.5 (p)0.5 (a)0.5 (n)0.5 (s)0.5 (i)0.5 (o)0.5 (n)13 ( )0.5 (p)0.5 (r)0.5 (oj)0.5 (e)0.5 (c)0.5 (t)0.5 (s)13 ( )0.5 (i)0.5 (n)13 ( )0.5 (a)13 ( )0.5 (c)0.5 (o)0.5 (o)0.5 (r)0.5 (d)0.5 (i)0.5 (na)0.5 (t)0.5 (e)0.5 (d)13 ( )0.5 (m)0.5 (a)0.5 (n)0.5 (n)0.5 (e)0.5 (r)0.5 (,)13 ( )0.5 (a)0.5 (n)0.5 (d)34 ( )]TJ 0.043 Tc 0 -1.231 Td [(made)12.8 ( every)12.8 ( effort)12.8 ( to)12.8 ( reduce)12.9 ( the)12.9 ( impact)12.8 ( of)12.8 ( short-term)12.8 ( construction)12.8 ( while)12.8 ( enhancing)18 ( )]TJ 0.046 Tc 0 -1.231 Td [(the)12.7 ( long-term)12.6 ( profitability;)12.6 ( completed)12.7 ( the)12.7 ( acquisition)12.7 ( of)12.6 ( the)12.7 ( remaining)12.6 ( 4)12.6 (0)12.7 (%)12.6 ( of)12.7 ( the)21.1 ( )]TJ 0.025 Tc 0.052 Tw 0 -1.231 Td (equity interest in January 2024 following the acquisition of 60% of the \equity interest )Tj 0.052 Tc 0.07 Tw 0 -1.231 Td [(in)12.8 ( Yonglan)12.9 ( Expressway)12.9 ( in)12.9 ( 2)12.9 (0)12.9 (2)12.8 (3)12.9 ( )]TJ [(through)12.9 ( a)12.9 ( joint)12.8 ( venture)12.8 ( investment)12.9 ( platform)]TJ [(,)12.9 ( and)27 ( )]TJ 0.027 Tc 0.081 Tw 0 -1.231 Td [(continued)1.9 ( )0.5 (to)2 ( )0.5 (make)2 ( )0.5 (efforts)2 ( in)2 ( )0.5 (market-oriented)2 ( )0.5 (investment)2 ( and)2 ( )0.5 (mergers)2 ( )0.5 (&)2 ( )0.5 (acquisitions;)2 ( )]TJ 0.082 Tc 0.07 Tw 0 -1.231 Td [(was)12.8 ( entrusted)12.8 ( with)12.8 ( the)12.8 ( management)12.8 ( of)12.8 ( the)12.8 ( Hangzhou)12.8 ( to)12.8 ( Shaoxing)12.8 ( Section)12.8 ( of)57 ( )]TJ 0.061 Tc 0 -1.231 Td [(Hangzhou-Shaoxing-Ningbo)12.5 ( Expressway)12.5 ( and)12.6 ( the)12.6 ( Hangzhou-Ningbo)12.6 ( Expressway)36 ( )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(Parallel)6 ( )0.5 (Line)6 ( )0.5 (Phase)6 ( )0.5 (I,)6 ( )0.5 (with)6 ( )0.5 (an)6 ( )0.5 (additional)6 ( )0.5 (operating)6.1 ( mileage)6 ( )0.5 (of)6 ( )0.5 (1)6 (0)6 (9)6.1 (km,)6 ( )0.5 (promoting)6 ( )0.5 (the)6 ( )]TJ 0.046 Tc 0.07 Tw 0 -1.231 Td [(exportation)12.8 ( of)12.7 ( expressway)12.8 ( management;)12.8 ( and)12.8 ( focused)12.7 ( on)12.7 ( advancing)12.7 ( recharging)12.7 ( and)21 ( )]TJ 0.055 Tc 0 -1.231 Td [(swapping)12.7 ( of)12.7 ( batteries)12.7 ( for)12.7 ( heavy)12.7 ( trucks)12.7 ( of)12.6 ( Ningbo\226Jinhua)12.7 ( Expressway,)12.7 ( as)12.7 ( well)12.7 ( as)30 ( )]TJ 0.026 Tc 0.082 Tw 0 -1.231 Td [(explored)1 ( )0.5 (the)1 ( )0.5 (utilization)1 ( )0.6 (of)1 ( )0.5 (idle)1.1 ( )0.5 (resources,)1 ( )0.5 (the)1 ( )0.5 (development)1 ( )0.5 (of)1 ( )0.6 (space)1 ( )0.5 (under)1 ( )0.5 (the)1 ( )0.5 (bridge,)1 ( )]TJ 0.025 Tc 0.075 Tw 0 -1.231 Td (traffic management business and other expressway-related industries to a\ccelerate the )Tj 0 Tw 0 -1.231 Td (development of expressway derivative economy.)Tj ET endstreamendobj75 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 26 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 316.6977 770.8479 Tm (For the six months ended June 30,)Tj -0.025 Tw 1.91 -1.231 Td (2024)Tj /T1_0 1 Tf 6.541 0 Td (2023)Tj 5.437 0 Td (Change)Tj /T1_1 1 Tf 13 0 3.4833 13 313.9482 738.8479 Tm (Rmb\222000)Tj /T1_0 1 Tf 6.707 0 Td (Rmb\222000)Tj 13 0 0 13 397.1893 722.8479 Tm (\(Restated\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 294.8032 718.4469 cm 0 0 m 73.701 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 289.1339 719.8479 Tm ( )Tj ET q 1 0 0 1 379.8425 718.4469 cm 0 0 m 73.701 0 l S Q BT /T1_0 1 Tf 13 0 0 13 374.1732 719.8479 Tm ( )Tj ET q 1 0 0 1 464.8819 718.4469 cm 0 0 m 73.701 0 l S Q BT 13 0 3.4833 13 459.2126 719.8479 Tm ( )Tj 0.025 Tc 13 0 0 13 56.6929 687.8479 Tm (Securities business revenue)Tj /T1_1 1 Tf -0.025 Tw 19.785 0 Td (2,805,936)Tj /T1_0 1 Tf 6.541 0 Td (3,161,361)Tj 7.701 0 Td (-11.2%)Tj 0 Tw -33.024 -1.231 Td (Commission and fee income)Tj /T1_1 1 Tf -0.025 Tw 18.782 0 Td (1,609,014)Tj /T1_0 1 Tf 6.541 0 Td (1,976,906)Tj 7.701 0 Td (-18.6%)Tj 0 Tw -33.024 -1.231 Td (Interest income)Tj /T1_1 1 Tf -0.025 Tw 18.782 0 Td (1,196,922)Tj /T1_0 1 Tf 6.541 0 Td (1,184,455)Tj 8.584 0 Td (1.1%)Tj 0 Tw -34.91 -1.231 Td (Other operation revenue)Tj /T1_1 1 Tf -0.025 Tw 20.585 0 Td (449,091)Tj /T1_0 1 Tf 7.066 0 Td (83,832)Tj 6.208 0 Td (435.7%)Tj 0 Tw -32.857 -1.231 Td (Hotel and catering)Tj /T1_1 1 Tf -0.025 Tw 20.107 0 Td (51,791)Tj /T1_0 1 Tf 6.541 0 Td (60,001)Tj 6.376 0 Td (-13.7%)Tj 0 Tw -33.024 -1.231 Td (Construction service)Tj /T1_1 1 Tf -0.025 Tw 19.582 0 Td (376,475)Tj /T1_0 1 Tf 0 Tc 0 Tw 9.441 0 Td (\226)Tj 0.025 Tc -0.025 Tw 5.27 0 Td (N/A)Tj 0 Tw -34.293 -1.231 Td (Public-Private Partnership)Tj /T1_1 1 Tf -0.025 Tw 20.107 0 Td (20,825)Tj /T1_0 1 Tf 6.541 0 Td (23,831)Tj 6.375 0 Td (-12.6%)Tj ET q 1 0 0 1 294.8032 587.4379 cm 0 0 m 73.701 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 289.1339 588.8389 Tm ( )Tj ET q 1 0 0 1 379.8426 587.4379 cm 0 0 m 73.701 0 l S Q BT /T1_0 1 Tf 13 0 0 13 374.1733 588.8389 Tm ( )Tj ET q 1 0 0 1 464.8819 587.4379 cm 0 0 m 73.701 0 l S Q BT 13 0 0 13 459.2126 588.8389 Tm ( )Tj 0.025 Tc -30.963 -2.462 Td (Total revenue)Tj /T1_1 1 Tf -0.025 Tw 19.785 0 Td (8,367,599)Tj /T1_0 1 Tf 6.541 0 Td (8,249,221)Tj 8.584 0 Td (1.4%)Tj ET 2.5 w q 1 0 0 1 294.8032 551.2743 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 294.8033 547.9418 cm 0 0 m 73.701 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 289.1339 549.1753 Tm ( )Tj ET 2.5 w q 1 0 0 1 379.8426 551.2743 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 379.8426 547.9418 cm 0 0 m 73.701 0 l S Q BT /T1_0 1 Tf 13 0 0 13 374.1733 549.1753 Tm ( )Tj ET 2.5 w q 1 0 0 1 464.882 551.2743 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 464.882 547.9418 cm 0 0 m 73.701 0 l S Q BT 13 0 0 13 459.2127 549.1753 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -30.963 -2.335 Td (Toll Road Operations)Tj /T1_0 1 Tf 0.031 Tc 0.077 Tw 0 -2.462 Td [(During)6 ( )0.5 (the)6 ( )0.5 (Period,)6 ( )0.5 (as)6 ( )0.5 (China\222s)6 ( )0.5 (economy)6 ( )0.5 (maintained)6 ( )0.5 (a)6 ( )0.5 (momentum)6 ( )0.5 (of)6.1 ( )0.5 (steady)6 ( )0.5 (recovery,)6 ( )]TJ 0.056 Tc 0.07 Tw 0 -1.231 Td [(the)12.6 ( overall)12.6 ( traffic)12.6 ( volume)12.6 ( and)12.6 ( toll)12.6 ( revenue)12.6 ( of)12.6 ( the)12.6 ( Group\222s)12.6 ( expressways)12.6 ( achieved)31 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (sustained growth as compared to the same period last year.)Tj 0.041 Tc 0.07 Tw 0 -2.462 Td [(In)12.7 ( the)12.6 ( first)12.6 ( half)12.7 ( of)12.7 ( 2)12.6 (0)12.7 (2)12.6 (4)12.6 (,)12.6 ( the)12.7 ( added)12.7 ( value)12.7 ( of)12.7 ( industrial)12.6 ( enterprises)12.6 ( above)12.6 ( designated)16 ( )]TJ 0.044 Tc 0 -1.231 Td [(size)12.7 ( in)12.7 ( Zhejiang)12.7 ( Province)12.7 ( increased)12.7 ( by)12.7 ( 8)12.8 (.)12.7 (0)12.7 (%)12.7 ( year)12.7 ( on)12.7 ( year)12.7 ( and)12.7 ( the)12.8 ( total)12.8 ( import)12.8 ( and)19 ( )]TJ 0.028 Tc 0.08 Tw 0 -1.231 Td [(e)0.5 (x)0.5 (p)0.5 (o)0.5 (r)0.5 (t)3 ( )0.5 (o)0.5 (f)3 ( )0.5 (g)0.5 (o)0.5 (o)0.5 (d)0.5 (s)3 ( )0.5 (i)0.5 (n)0.5 (c)0.5 (r)0.5 (e)0.5 (a)0.5 (s)0.5 (e)0.5 (d)3 ( )0.5 (b)0.5 (y)3 ( )0.5 (7)3 (.)3 (8)3 (%)3 ( )0.5 (y)0.5 (e)0.5 (a)0.5 (r)3 ( )0.5 (o)0.5 (n)3 ( )0.5 (y)0.5 (e)0.5 (a)0.5 (r)0.5 (,)3 ( )0.5 (w)0.5 (h)0.5 (i)0.5 (c)0.5 (h)3 ( )0.5 (l)0.5 (e)0.5 (d)3 ( )0.5 (t)0.5 (o)3 ( )0.5 (a)0.5 (n)3 ( )0.6 (i)0.5 (nc)0.6 (r)0.5 (e)0.5 (a)0.5 (s)0.5 (e)3 ( )0.5 (i)0.5 (n)3 ( )0.5 (d)0.5 (e)0.5 (m)0.5 (a)0.5 (n)0.5 (d)3 ( )]TJ 0.025 Tc 0.046 Tw 0 -1.231 Td (for logistics transportation. The growth of trucks of the Group\222s exp\ressways returned )Tj 0.069 Tw 0 -1.231 Td [(to )0.5 (normal, )0.5 (with )0.5 (a year-on-year increase )0.5 (of )0.5 (5.3%; however, )0.5 (the )0.5 (growth of )0.5 (small )0.5 (trucks )]TJ 0.044 Tc 0.07 Tw 0 -1.231 Td [(for)12.5 ( short-distance)12.6 ( trips)12.5 ( was)12.5 ( higher)12.5 ( than)12.6 ( that)12.5 ( of)12.6 ( medium-)12.6 ( and)12.5 ( large-sized)12.5 ( trucks)12.5 ( for)19 ( )]TJ 0.059 Tc 0 -1.231 Td [(l)0.5 (on)0.5 (g)0.5 (-)0.5 (di)0.5 (s)0.5 (t)0.5 (an)0.5 (c)0.5 (e)13 ( )0.5 (tr)0.5 (i)0.5 (p)0.5 (s)0.5 (,)12.9 ( )0.5 (r)0.5 (e)0.5 (s)0.5 (ul)0.5 (t)0.5 (i)0.5 (ng)13 ( )0.5 (in)13 ( )0.5 (l)0.5 (ow)0.5 (e)0.5 (r)13 ( )0.5 (gr)0.5 (o)0.5 (w)0.5 (t)0.5 (h)12.9 ( )0.5 (i)0.5 (n)13 ( t)0.5 (o)0.5 (ll)13 ( )0.5 (r)0.5 (e)0.5 (ve)0.5 (n)0.5 (u)0.5 (e)13 ( t)0.5 (h)0.5 (a)0.5 (n)12.9 ( )0.5 (t)0.5 (h)0.5 (at)13 ( )0.5 (o)0.5 (f)12.9 ( )0.5 (t)0.5 (r)0.5 (a)0.5 (f)0.5 (fi)0.5 (c)34 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (volume.)Tj 0.041 Tc 0.07 Tw 0 -2.462 Td [(Nevertheless,)12.4 ( the)12.3 ( growth)12.3 ( of)12.4 ( passenger)12.3 ( vehicles)12.3 ( of)12.3 ( the)12.3 ( Group\222s)12.3 ( expressways)12.3 ( slowed)16 ( )]TJ 0.032 Tc 0.076 Tw 0 -1.231 Td [(d)0.5 (o)0.5 (w)0.5 (n)0.5 (,)7 ( )0.5 (m)0.5 (a)0.5 (i)0.5 (n)0.5 (l)0.5 (y)7 ( )0.5 (du)0.5 (e)7.1 ( )0.5 (t)0.5 (o)6.9 ( )0.6 (a)7 ( )0.5 (h)0.5 (ig)0.5 (h)0.5 (e)0.5 (r)7 ( )0.6 (ba)0.5 (s)0.5 (e)7 ( )0.6 (o)0.5 (f)6.9 ( )0.6 (pa)0.6 (s)0.5 (se)0.6 (n)0.5 (ge)0.6 (r)7 ( )0.5 (ve)0.6 (h)0.5 (ic)0.6 (le)0.6 (s)6.9 ( )0.6 (i)0.5 (n)6.9 ( )0.6 (th)0.5 (e)7 ( )0.5 (s)0.5 (a)0.5 (m)0.5 (e)7 ( )0.6 (pe)0.6 (r)0.5 (i)0.5 (od)7 ( )0.5 (o)0.5 (f)7 ( )0.5 (2)7 (0)7 (2)7 (3)7 ( )]TJ 0.038 Tc 0.07 Tw 0 -1.231 Td [(caused)12.8 ( by)12.8 ( rapid)12.8 ( rebound)12.8 ( in)12.8 ( public)12.9 ( travel)12.8 ( demand)12.9 ( during)12.8 ( early)12.8 ( stage)12.9 ( of)12.8 ( optimization)13 ( )]TJ 0.025 Tc 0.083 Tw 0 -1.231 Td [(of )0.5 (the )0.5 (Covid-19 )0.5 (pandemic )0.5 (control )0.5 (measures, while )0.5 (the )0.5 (growth )0.5 (rate )0.5 (of domestic )0.5 (travel )]TJ 0.067 Tw 0 -1.231 Td (demand slowed down relatively in 2024 when travel consumption returned t\o normal. )Tj 0.004 Tw 0 -1.231 Td (In addition, there was abnormal weather, such as rain or snow, in the fi\rst half of 2024; )Tj 0.053 Tw 0 -1.231 Td (the toll-free duration for passenger cars during the Spring Festival and\ Qingming )Tj -0.025 Tw (Day)Tj 0 Tc 0 Tw ( )Tj 0.029 Tc 0.079 Tw 0 -1.231 Td [(increased)4 ( )0.5 (by)4 ( )0.5 (four)4 ( )0.5 (days)4 ( )0.5 (year)4 ( )0.5 (on)4 ( )0.5 (year,)4 ( )0.5 (coupled)4 ( )0.5 (with)4 ( )0.5 (the)4 ( )0.5 (additional)4 ( )0.5 (increase)4.1 ( )0.5 (of)4 ( )0.5 (one)4 ( )0.5 (day)4 ( )]TJ 0.025 Tc 0.044 Tw 0 -1.231 Td (in the toll collection duration in 2024 for the leap year, the toll coll\ection duration for )Tj 0.064 Tw 0 -1.231 Td (passenger cars decreased by three days year on year in total, which also\ had a certain )Tj 0 Tw 0 -1.231 Td (negative impact on the toll revenue from passenger vehicles.)Tj ET endstreamendobj34 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj35 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj36 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj37 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj38 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj84 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 25 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 56.6929 773.5878 Tm (BUSINESS REVIEW)Tj /T1_0 1 Tf 0.08 Tw 0 -2.462 Td (In the first half of 2024, geopolitical conflicts, international trade f\rictions, and other )Tj 0.036 Tc 0.072 Tw 0 -1.231 Td [(issues)11 ( )0.5 (occurred)11 ( )0.5 (frequently,)11 ( )0.5 (resulting)11 ( )0.5 (in)11 ( )0.5 (a)11 ( )0.5 (weak)11 ( )0.5 (global)11.1 ( economic)11 ( )0.5 (growth)11.1 ( )0.5 (momentum.)11 ( )]TJ 0.024 Tc 0 Tw 0 -1.231 Td [(China faced challenges such as the transformation and upgrading of econo\mic structure)-1 ( )]TJ 0.038 Tc 0.07 Tw 0 -1.231 Td [(and)12.6 ( insufficient)12.6 ( domestic)12.6 ( demand.)12.7 ( However,)12.6 ( benefiting)12.6 ( from)12.6 ( favorable)12.7 ( factors)12.6 ( such)13 ( )]TJ 0.061 Tc 0 -1.231 Td [(as)12.3 ( the)12.3 ( effectiveness)12.3 ( of)12.3 ( macro)12.2 ( policies,)12.2 ( the)12.2 ( rebound)12.3 ( of)12.2 ( external)12.3 ( demand,)12.2 ( and)12.3 ( the)36 ( )]TJ 0.025 Tc 0.006 Tw 0 -1.231 Td (accelerated development of new quality productive forces, China\222s eco\nomic operation )Tj 0.059 Tw 0 -1.231 Td (was generally stable in steady progress, with the GDP growing by 5.0% ye\ar on year. )Tj 0.06 Tw 0 -1.231 Td (In the first half of 2024, Zhejiang Province\222s rapid growth in foreig\n trade, continued )Tj 0.03 Tc 0.078 Tw 0 -1.231 Td [(activity)5 ( )0.5 (in)5 ( )0.5 (new)5 ( )0.5 (forms)5 ( )0.5 (of)5 ( )0.5 (consumption)5 ( )0.5 (such)5 ( )0.5 (as)5 ( )0.5 (digital)5 ( )0.5 (consumption,)5 ( )0.5 (and)5 ( )0.5 (expansion)5 ( )0.5 (of)5 ( )]TJ 0.034 Tc 0.074 Tw 0 -1.231 Td [(investment)9 ( )0.5 (in)9 ( )0.5 (transportation)9 ( )0.5 (and)9 ( )0.5 (other)9 ( )0.5 (key)9 ( )0.5 (areas)9 ( )0.5 (boosted)9 ( )0.5 (the)9.1 ( )0.5 (year-on-year)9 ( )0.5 (growth)9 ( )0.5 (of)9 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (the Province\222s GDP by 5.6%, a rate higher than the national average.)Tj 0.034 Tc 0.074 Tw 0 -2.462 Td [(During)9 ( )0.5 (the)9 ( )0.5 (Period,)9 ( )0.5 (toll)9 ( )0.5 (revenue)9 ( )0.5 (of)9.1 ( )0.5 (the)9 ( )0.5 (Group\222s)9 ( )0.5 (expressways)9 ( )0.5 (continued)9 ( )0.5 (to)9 ( )0.5 (grow)9 ( )0.5 (amid)9 ( )]TJ 0.025 Tc 0.061 Tw 0 -1.231 Td (steady recovery of China\222s economy, while revenue from securities bus\iness recorded )Tj 0.034 Tc 0.074 Tw 0 -1.231 Td [(a)9 ( )0.5 (decrease)9 ( )0.5 (lower)9 ( )0.5 (than)9 ( )0.5 (industry)9 ( )0.5 (average)9 ( )0.5 (despite)9 ( )0.5 (the)9 ( )0.5 (impact)9 ( )0.5 (of)9 ( )0.5 (downward)8.9 ( )0.6 (volatility)9 ( )0.5 (in)9 ( )]TJ 0.039 Tc 0.07 Tw 0 -1.231 Td [(the)12.9 ( capital)12.9 ( market.)12.8 ( During)12.8 ( the)12.9 ( Period,)12.8 ( total)12.8 ( revenue)12.9 ( of)12.8 ( the)12.8 ( Group)12.9 ( was)12.9 ( Rmb)12.8 (8)12.9 (,)12.8 (3)12.8 (6)12.8 (7)12.8 (.)12.8 (6)12.9 (0)14 ( )]TJ 0.025 Tc 0.083 Tw 0 -1.231 Td [(million, )0.5 (representing a )0.5 (year-on-year )0.5 (increase )0.5 (of )0.5 (1.4%, )0.5 (of )0.5 (which )0.5 (Rmb5,112.57 )0.5 (million )]TJ 0.03 Tc 0.078 Tw 0 -1.231 Td [(was)5 ( )0.5 (generated)5 ( )0.5 (from)4.9 ( )0.5 (the)5.1 ( )0.5 (nine)5 ( )0.5 (major)5 ( )0.5 (expressways)5 ( )0.5 (operated)5 ( )0.5 (by)5 ( )0.5 (the)5 ( )0.5 (Group,)5 ( )0.5 (representing)5 ( )]TJ 0.06 Tc 0.07 Tw 0 -1.231 Td [(a)12.1 ( year-on-year)12.1 ( increase)12.1 ( of)12.1 ( 2)12.1 (.)12.1 (2)12.1 (%)12.1 ( and)12 ( 6)12.1 (1)12.1 (.)12.1 (1)12.1 (%)12.1 ( of)12.1 ( total)12.1 ( revenue.)12.1 ( Revenue)12.1 ( generated)35 ( )]TJ 0.059 Tc 0 -1.231 Td [(from)12.8 ( )0.5 (securities)12.9 ( business)12.9 ( for)12.9 ( the)12.9 ( Group)12.9 ( was)12.9 ( Rmb)12.9 (2)12.9 (,)12.9 (8)12.9 (0)12.9 (5)12.8 (.)12.9 (9)12.9 (4)12.9 ( million,)12.9 ( representing)12.9 ( a)34 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (year-on-year decrease of 11.2% and 35.5% of the total revenue.)Tj 0 -2.462 Td (A breakdown of the Group\222s revenue for the Period is set out below:)Tj /T1_1 1 Tf 20 -2.462 Td (For the six months ended June 30,)Tj -0.025 Tw 1.91 -1.231 Td (2024)Tj /T1_0 1 Tf 6.541 0 Td (2023)Tj 5.437 0 Td (Change)Tj /T1_1 1 Tf 13 0 3.4833 13 313.9482 325.5878 Tm (Rmb\222000)Tj /T1_0 1 Tf 6.707 0 Td (Rmb\222000)Tj 13 0 0 13 397.1893 309.5878 Tm (\(Restated\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 294.8032 305.1777 cm 0 0 m 73.701 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 289.1339 306.5787 Tm ( )Tj ET q 1 0 0 1 379.8425 305.1777 cm 0 0 m 73.701 0 l S Q BT /T1_0 1 Tf 13 0 0 13 374.1732 306.5787 Tm ( )Tj ET q 1 0 0 1 464.8819 305.1777 cm 0 0 m 73.701 0 l S Q BT 13 0 3.4833 13 459.2126 306.5787 Tm ( )Tj 0.025 Tc 13 0 0 13 56.6929 274.5787 Tm (Toll road operation revenue)Tj /T1_1 1 Tf -0.025 Tw 19.785 0 Td (5,112,572)Tj /T1_0 1 Tf 6.541 0 Td (5,004,028)Tj 8.584 0 Td (2.2%)Tj -33.907 -1.231 Td (Shanghai-Hangzhou-Ningbo )Tj 1.003 -1.231 Td (Expressway)Tj /T1_1 1 Tf 17.779 0 Td (2,380,730)Tj /T1_0 1 Tf 6.541 0 Td (2,356,218)Tj 8.584 0 Td (1.0%)Tj 0 Tw -33.907 -1.231 Td (Shangsan Expressway)Tj /T1_1 1 Tf -0.025 Tw 19.582 0 Td (550,380)Tj /T1_0 1 Tf 6.541 0 Td (526,991)Tj 7.783 0 Td (4.4%)Tj 0 Tw -33.907 -1.231 Td (Jinhua Section, Ningbo-Jinhua )Tj -0.025 Tw 1.003 -1.231 Td (Expressway)Tj /T1_1 1 Tf 18.579 0 Td (269,258)Tj /T1_0 1 Tf 6.541 0 Td (264,256)Tj 7.783 0 Td (1.9%)Tj 0 Tw -33.907 -1.231 Td (Hanghui Expressway)Tj /T1_1 1 Tf -0.025 Tw 19.582 0 Td (354,206)Tj /T1_0 1 Tf 6.541 0 Td (352,995)Tj 7.783 0 Td (0.3%)Tj 0 Tw -33.907 -1.231 Td (Huihang Expressway)Tj /T1_1 1 Tf -0.025 Tw 19.582 0 Td (101,398)Tj /T1_0 1 Tf 6.541 0 Td (101,704)Tj 7.426 0 Td (-0.3%)Tj 0 Tw -33.549 -1.231 Td (Zhoushan Bay Bridge)Tj /T1_1 1 Tf -0.025 Tw 19.582 0 Td (570,784)Tj /T1_0 1 Tf 6.541 0 Td (550,602)Tj 7.783 0 Td (3.7%)Tj 0 Tw -33.907 -1.231 Td (LongLiLiLong Expressways)Tj /T1_1 1 Tf -0.025 Tw 19.582 0 Td (387,120)Tj /T1_0 1 Tf 6.541 0 Td (376,293)Tj 7.783 0 Td (2.9%)Tj 0 Tw -33.907 -1.231 Td (Zhajiasu Expressway)Tj /T1_1 1 Tf -0.025 Tw 19.582 0 Td (236,715)Tj /T1_0 1 Tf 6.541 0 Td (226,405)Tj 7.783 0 Td (4.6%)Tj 0 Tw -33.907 -1.231 Td (HuangQuNan Expressway)Tj /T1_1 1 Tf -0.025 Tw 19.582 0 Td (261,981)Tj /T1_0 1 Tf 6.541 0 Td (248,564)Tj 7.783 0 Td (5.4%)Tj ET endstreamendobj83 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 24 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.033 Tc 0.075 Tw 13 0 0 13 85.0394 773.5878 Tm [(Changes)8 ( )0.5 (in)8 ( )0.5 (the)8 ( )0.5 (liability)8 ( )0.5 (and)8 ( )0.5 (equity)8 ( )0.5 (component)8 ( )0.5 (of)8 ( )0.5 (the)8 ( )0.5 (Convertible)8 ( )0.5 (Bond)8.1 ( )0.5 (2)8 (0)8 (2)8 (2)8 ( )0.5 (at)8 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (June 30, 2024 are set out as below:)Tj /T1_1 1 Tf -0.025 Tw 17.937 -2.462 Td (Liability )Tj -1.054 -1.231 Td (component)Tj 8.448 1.231 Td (Equity )Tj -1.907 -1.231 Td (component)Tj 9.085 0 Td (Total)Tj /T1_0 1 Tf 13 0 3.4833 13 316.106 693.5878 Tm (Rmb\222000)Tj 6.541 0 Td (Rmb\222000)Tj 6.541 0 Td (Rmb\222000)Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 294.8031 689.1777 cm 0 0 m 73.701 0 l S Q BT 0 Tc 0 Tw 13 0 3.4833 13 289.1339 690.5787 Tm ( )Tj ET q 1 0 0 1 379.8425 689.1777 cm 0 0 m 73.701 0 l S Q BT 13 0 3.4833 13 374.1732 690.5787 Tm ( )Tj ET q 1 0 0 1 464.8819 689.1777 cm 0 0 m 73.701 0 l S Q BT 13 0 3.4833 13 459.2126 690.5787 Tm ( )Tj 0.025 Tc 13 0 0 13 85.0394 658.5787 Tm (On 31 December, 2022 \(Audited\))Tj -0.025 Tw 17.605 0 Td (3,923,672)Tj 7.341 0 Td (476,247)Tj 5.741 0 Td (4,399,919)Tj 0 Tw -30.688 -2.462 Td (Interest charge)Tj -0.025 Tw 18.405 0 Td (184,217)Tj 0 Tc 0 Tw 9.441 0 Td (\226)Tj 0.025 Tc -0.025 Tw 3.641 0 Td (184,217)Tj 0 Tw -31.488 -1.231 Td (Interest paid)Tj -0.025 Tw 18.547 0 Td (\(11,163\))Tj 0 Tc 0 Tw 9.299 0 Td (\226)Tj 0.025 Tc -0.025 Tw 3.783 0 Td (\(11,163\))Tj -31.63 -1.231 Td (Addition)Tj 17.605 0 Td (2,529,887)Tj 7.341 0 Td (804,528)Tj 5.741 0 Td (3,334,415)Tj 0 Tw -30.688 -1.231 Td (Conversion into shares)Tj -0.025 Tw 19.872 0 Td (\(146\))Tj 7.066 0 Td (\(15\))Tj 6.016 0 Td (\(161\))Tj ET q 1 0 0 1 294.8032 574.1686 cm 0 0 m 73.701 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 289.1339 575.5696 Tm ( )Tj ET q 1 0 0 1 379.8425 574.1686 cm 0 0 m 73.701 0 l S Q BT 13 0 0 13 374.1732 575.5696 Tm ( )Tj ET q 1 0 0 1 464.8819 574.1686 cm 0 0 m 73.701 0 l S Q BT 13 0 0 13 459.2126 575.5696 Tm ( )Tj 0.025 Tc -28.783 -2.462 Td (As at December 31, 2023 \(Audited\))Tj -0.025 Tw 17.605 0 Td (6,626,467)Tj 6.541 0 Td (1,280,760)Tj 6.541 0 Td (7,907,227)Tj ET 2.5 w q 1 0 0 1 294.8032 538.0051 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 294.8032 534.6726 cm 0 0 m 73.701 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 289.1339 535.9061 Tm ( )Tj ET 2.5 w q 1 0 0 1 379.8425 538.0051 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 379.8426 534.6726 cm 0 0 m 73.701 0 l S Q BT 13 0 0 13 374.1732 535.9061 Tm ( )Tj ET 2.5 w q 1 0 0 1 464.8819 538.0051 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 464.8819 534.6726 cm 0 0 m 73.701 0 l S Q BT 13 0 0 13 459.2126 535.9061 Tm ( )Tj 0.025 Tc -28.783 -2.462 Td (Interest charge)Tj -0.025 Tw 18.405 0 Td (112,251)Tj 0 Tc 0 Tw 9.441 0 Td (\226)Tj 0.025 Tc -0.025 Tw 3.641 0 Td (112,251)Tj 0 Tw -31.488 -1.231 Td (Interest paid)Tj -0.025 Tw 18.547 0 Td (\(27,836\))Tj 0 Tc 0 Tw 9.299 0 Td (\226)Tj 0.025 Tc -0.025 Tw 3.784 0 Td (\(27,836\))Tj 0 Tw -31.63 -1.231 Td (Conversion into shares)Tj -0.025 Tw 18.547 0 Td (\(38,977\))Tj 7.066 0 Td (\(3,982\))Tj 6.016 0 Td (\(42,959\))Tj ET 0.5 w q 1 0 0 1 294.8032 467.4961 cm 0 0 m 73.701 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 289.1339 468.897 Tm ( )Tj ET q 1 0 0 1 379.8425 467.4961 cm 0 0 m 73.701 0 l S Q BT 13 0 0 13 374.1732 468.897 Tm ( )Tj ET q 1 0 0 1 464.8819 467.4961 cm 0 0 m 73.701 0 l S Q BT 13 0 0 13 459.2126 468.897 Tm ( )Tj 0.025 Tc -28.783 -2.462 Td (As at June 30, 2024 \(Unaudited\))Tj -0.025 Tw 17.605 0 Td (6,671,905)Tj 6.541 0 Td (1,276,778)Tj 6.541 0 Td (7,948,683)Tj ET 2.5 w q 1 0 0 1 294.8032 431.3325 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 294.8032 428 cm 0 0 m 73.701 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 289.1339 429.2335 Tm ( )Tj ET 2.5 w q 1 0 0 1 379.8425 431.3325 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 379.8426 428 cm 0 0 m 73.701 0 l S Q BT 13 0 0 13 374.1732 429.2335 Tm ( )Tj ET 2.5 w q 1 0 0 1 464.8819 431.3325 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 464.8819 428 cm 0 0 m 73.701 0 l S Q BT 13 0 0 13 459.2126 429.2335 Tm ( )Tj 0.025 Tc -0.025 Tw 11 0 2.9474 11 83.9105 400.8845 Tm (Note:)Tj 0.023 Tc 0 Tw 11 0 0 11 85.0394 372.8846 Tm [(As at June 30, 2024, the Bondholders 2022 converted the Convertible Bond\ 2022 with a principal)-2 ( )]TJ 0.025 Tc 0 -1.273 Td (amount of Rmb40,762,000 to the shares of Zheshang Securities.)Tj 13 0 0 13 85.0394 328.8846 Tm (As at June 30, 2024, Zheshang Securities had not exercised the redemptio\n rights.)Tj ET endstreamendobj82 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 23 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 0.665 Tw 13 0 3.4833 13 83.7052 773.5878 Tm [(\(2\) )0.5 (Redemption)]TJ /T1_0 1 Tf 0 Tw 2.84 -2.462 Td [(\(i\) )-886.5 (Redemption at maturity)]TJ 0.027 Tc 0.081 Tw 13 0 0 13 141.7323 709.5878 Tm [(Zheshang)2 ( Securities)2 ( will)2 ( )0.5 (redeem)2 ( all)2 ( )0.5 (the)2 ( )0.5 (outstanding)2 ( )0.5 (Convertible)2 ( )0.5 (Bond)2 ( )]TJ 0.026 Tc 0.082 Tw 0 -1.231 Td [(2)1 (0)1 (2)1 (2)1 ( )0.5 (at)1 ( )0.5 (1)1 (0)1 (6)1 (%)1 ( )0.5 (of)1 ( )0.5 (its)1 ( )0.5 (principal)1 ( )0.5 (amount)1 ( )0.5 (\(including)1 ( )0.5 (the)1 ( )0.5 (last)1 ( )0.5 (instalment)1 ( )0.5 (of)1 ( )]TJ 0.049 Tc 0.07 Tw 0 -1.231 Td [(i)0.5 (n)0.5 (t)0.5 (e)0.5 (r)0.6 (e)0.5 (s)0.5 (t)13 ( )0.5 (p)0.5 (a)0.5 (y)0.6 (m)0.5 (e)0.5 (n)0.5 (t)0.5 (\))13 ( )0.5 (w)0.6 (i)0.5 (t)0.5 (h)0.5 (i)0.5 (n)13 ( )0.5 (f)0.5 (i)0.5 (v)0.5 (e)13.1 ( )0.5 (b)0.5 (u)0.5 (s)0.5 (i)0.5 (n)0.5 (e)0.5 (s)0.6 (s)13 ( )0.5 (d)0.5 (a)0.5 (y)0.5 (s)13 ( )0.6 (f)0.5 (r)0.5 (o)0.5 (m)13 ( )0.5 (t)0.5 (h)0.5 (e)13.1 ( )0.5 (M)0.5 (a)0.5 (t)0.5 (u)0.5 (r)0.5 (i)0.6 (t)0.5 (y)13 ( )0.5 (D)0.5 (a)0.5 (t)0.5 (e)24 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (2022.)Tj 0 Tw 13 0 3.4833 13 112.0517 629.5878 Tm [(\(ii\) )-583.5 (Redemption on conditions)]TJ 0.028 Tc 0.08 Tw 13 0 0 13 141.7323 597.5878 Tm [(During)3 ( )0.5 (the)3 ( )0.5 (conversion)3.1 ( )0.5 (period)3 ( )0.5 (of)3 ( )0.6 (the)3 ( )0.5 (Convertible)3 ( )0.6 (Bond)3 ( )0.5 (2)3 (0)3 (2)3 (2)3 (,)3 ( )0.5 (upon)3 ( )0.5 (the)3.1 ( )]TJ 0.025 Tc 0.022 Tw 0 -1.231 Td (occurrence of any of the following two conditions, Zheshang Securities )Tj 0.041 Tc 0.07 Tw 0 -1.231 Td [(i)0.5 (s)12.9 ( )0.5 (en)0.5 (tit)0.5 (le)0.5 (d)13 ( to)13 ( )0.5 (re)0.5 (de)0.5 (em)13 ( a)0.5 (ll)13 ( )0.5 (or)12.9 ( )0.5 (pa)0.5 (r)0.5 (t)12.9 ( )0.5 (of)13 ( t)0.5 (he)13 ( o)0.5 (ut)0.5 (st)0.5 (an)0.5 (din)0.5 (g)12.9 ( )0.5 (C)0.5 (onv)0.5 (e)0.5 (rt)0.5 (ibl)0.5 (e)13 ( B)0.5 (on)0.5 (d)16 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (2022 based on the par value and interest in arrears:)Tj 0.037 Tc 0.071 Tw 0 -2.462 Td [(\()12 (a)12 (\))12 ( )-637.5 (During)12 ( )0.5 (the)12 ( )0.5 (conversion)12 ( )0.5 (period)12 ( )0.5 (of)12 ( )0.5 (the)12 ( )0.5 (Convertible)12.1 ( )0.5 (Bond)12 ( )0.5 (2)12 (0)12 (2)12 (2)12 (,)12 ( )0.5 (for)12 ( )]TJ 0.033 Tc 0.075 Tw 2.181 -1.231 Td [(any)8 ( )0.6 (1)8 (5)8 ( )0.5 (business)8 ( )0.5 (days)8.1 ( )0.5 (within)8 ( )0.5 (a)8.1 ( )0.5 (period)8 ( of)8 ( )0.5 (3)8 (0)8 ( )0.5 (consecutive)8 ( )0.5 (business)8 ( )]TJ 0.045 Tc 0.07 Tw 0 -1.231 Td [(days,)12.1 ( the)12.1 ( closing)12.1 ( share)12.1 ( price)12.1 ( of)12.2 ( Zheshang)12.1 ( Securities)12.1 ( is)12.1 ( not)12.1 ( less)20 ( )]TJ 0.025 Tc 0.083 Tw 0 -1.231 Td [(than )0.5 (130 )0.5 (percent )0.5 (\(including )0.5 (130 percent\) )0.5 (of )0.5 (the )0.5 (Conversion )0.5 (Price )]TJ -0.025 Tw 0 -1.231 Td (2022;)Tj 0.102 Tc 0.07 Tw -2.181 -2.462 Td [(\()77 (b)77 (\))77 ( )-517.5 (When)12.2 ( the)12.3 ( aggregate)12.2 ( principal)12.3 ( amount)12.2 ( of)12.3 ( the)12.2 ( outstanding)77 ( )]TJ 0.025 Tc 0 Tw 2.181 -1.231 Td (Convertible Bond 2022 is less than Rmb30,000,000.)Tj 0.075 Tc 0.07 Tw -6.541 -2.462 Td [(The)12.3 ( Convertible)12.4 ( Bond)12.3 ( 2)12.3 (0)12.4 (2)12.3 (2)12.4 ( contains)12.4 ( a)12.4 ( liability)12.3 ( component)12.4 ( and)12.4 ( an)12.3 ( equity)50 ( )]TJ 0.06 Tc 0 -1.231 Td [(c)0.5 (o)0.5 (m)0.5 (po)0.5 (n)0.5 (e)0.5 (n)0.5 (t)0.5 (.)13 ( A)0.5 (t)13 ( )0.5 (i)0.5 (n)0.5 (it)0.5 (i)0.5 (a)0.5 (l)13 ( )0.5 (r)0.5 (e)0.5 (c)0.5 (og)0.5 (n)0.5 (i)0.5 (t)0.5 (io)0.5 (n)0.5 (,)13 ( )0.5 (t)0.5 (h)0.5 (e)12.9 ( )0.5 (e)0.5 (q)0.5 (u)0.5 (i)0.5 (t)0.5 (y)12.9 ( )0.5 (c)0.5 (o)0.5 (m)0.5 (p)0.5 (on)0.5 (e)0.5 (n)0.5 (t)13 ( )0.5 (o)0.5 (f)12.9 ( )0.5 (t)0.5 (h)0.5 (e)13 ( )0.5 (C)0.5 (on)0.5 (v)0.5 (e)0.5 (r)0.5 (t)0.5 (i)0.5 (b)0.5 (le)35 ( )]TJ 0.025 Tc 0.05 Tw 0 -1.231 Td (Bond 2022 was separated from the liability component. As the Convertible\ Bond )Tj 0.05 Tc 0.07 Tw 0 -1.231 Td [(2)12.4 (0)12.4 (2)12.4 (2)12.4 ( was)12.4 ( issued)12.4 ( by)12.3 ( a)12.4 ( subsidiary)12.4 ( of)12.4 ( the)12.4 ( Company)12.4 ( and)12.4 ( is)12.4 ( convertible)12.4 ( into)12.4 ( that)25 ( )]TJ 0.052 Tc 0 -1.231 Td [(subsidiary\222s)12.8 ( own)12.8 ( shares,)12.9 ( the)12.8 ( equity)12.8 ( element)12.8 ( is)12.8 ( considered)12.8 ( as)12.9 ( non-controlling)27 ( )]TJ 0.043 Tc 0 -1.231 Td [(int)0.5 (ere)0.5 (sts.)13 ( The)13 ( eff)0.5 (ec)0.5 (tive)12.9 ( )0.5 (inte)0.5 (res)0.5 (t)12.9 ( ra)0.5 (te)12.9 ( o)0.5 (f)12.9 ( th)0.5 (e)12.9 ( li)0.5 (abili)0.5 (ty)12.9 ( c)0.5 (ompo)0.5 (nent)12.9 ( )0.5 (is)12.9 ( 3)13 (.)12.9 (3)12.9 (5)12.9 (6)13 (4)12.9 (%)12.9 ( pe)0.5 (r)18 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (annum.)Tj ET endstreamendobj81 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 22 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 85.0394 773.5878 Tm (Convertible Bond 2022)Tj /T1_0 1 Tf 0.039 Tc 0.07 Tw 0 -2.462 Td [(On)12.2 ( June)12.3 ( 1)12.3 (4)12.2 (,)12.3 ( 2)12.2 (0)12.3 (2)12.2 (2)12.3 (,)12.2 ( Zheshang)12.2 ( Securities,)12.3 ( a)12.2 ( subsidiary)12.2 ( of)12.3 ( the)12.3 ( Company,)12.2 ( issued)12.3 ( a)14 ( )]TJ 0.025 Tc 0.058 Tw 0 -1.231 Td [(convertible )0.5 (bond )0.5 (due )0.5 (June 13, )0.5 (2028 \(the )0.5 (\223)]TJ /T1_1 1 Tf [(Maturity )0.5 (Date )0.5 (2022)]TJ /T1_0 1 Tf [(\224\) in )0.5 (an )0.5 (aggregate )]TJ 0.052 Tc 0.07 Tw 0 -1.231 Td [(principal)12.4 ( amount)12.5 ( of)12.5 ( Rmb)12.5 (7)12.4 (,)12.5 (0)12.4 (0)12.5 (0)12.5 (,)12.4 (0)12.5 (0)12.5 (0)12.4 (,)12.5 (0)12.5 (0)12.4 (0)12.5 ( \(the)12.4 ( \223)]TJ /T1_1 1 Tf [(Convertible)12.5 ( Bond)12.5 ( 2)12.4 (0)12.5 (2)12.5 (2)]TJ /T1_0 1 Tf 31.686 0 Td [(\224\).)12.4 ( The)27 ( )]TJ 0.042 Tc -31.686 -1.231 Td [(Convertible)12.7 ( Bond)12.7 ( 2)12.7 (0)12.6 (2)12.7 (2)12.6 ( was)12.7 ( listed)12.6 ( on)12.7 ( the)12.6 ( Shanghai)12.7 ( Stock)12.6 ( Exchange)12.7 ( on)12.7 ( July)12.7 ( 8)12.7 (,)17 ( )]TJ 0.025 Tc 0.06 Tw 0 -1.231 Td [(2022. The coupon )0.5 (rate is )0.5 (0.2% for the )0.5 (first year, )0.5 (0.4% )0.5 (for the )0.5 (second year, 0.6% )]TJ 0.067 Tw 0 -1.231 Td (for the third year, 1.0% for the fourth year, 1.5% for the fifth year, 2\.0% for the )Tj 0 Tw 0 -1.231 Td (sixth year, and will be paid annually.)Tj 0.056 Tc 0.082 Tw 0 -2.462 Td [(O)-12 (u)-12.1 (t)0.5 ( o)-12 (f t)-12.1 (h)-12.1 (e)0.5 ( p)-12.1 (r)-12 (i)-12.1 (n)-12.1 (c)-12 (i)-12 (p)-12.1 (a)-12 (l a)-12.1 (m)-12 (o)-12.1 (u)-12 (n)-12.1 (t)0.5 ( o)-12 (f R)-12.1 (m)-12 (b7)0.5 (,0)0.5 (00,)0.5 (00)0.5 (0,)0.5 (00)0.5 (0,)0.5 ( R)-12 (m)-12.1 (b)0.5 (3,8)0.5 (33)0.5 (,1)0.5 (85)0.5 (,0)0.5 (00)0.5 ( w)-12 (a)-12.1 (s)31 ( )]TJ 0.066 Tc 0.07 Tw 0 -1.231 Td [(subscribed)12.6 ( by)12.5 ( Zhejiang)12.5 ( Shangsan)12.5 ( Expressway)12.5 ( Co.,)12.5 ( Ltd.)12.5 ( \(\223)]TJ /T1_1 1 Tf [(Shangsan)12.5 ( Co)]TJ /T1_0 1 Tf -0.066 Tw [(\224\),)41 ( )]TJ 0.025 Tc 0.057 Tw 0 -1.231 Td (another subsidiary of the Group. As at June 30, 2024, Shangsan Co has di\sposed )Tj 0 Tw 0 -1.231 Td (all of these Convertible Bond 2022.)Tj 0 -2.462 Td (The principal terms of the Convertible Bond 2022 are set out below:)Tj /T1_1 1 Tf 13 0 3.4833 13 83.7052 501.5878 Tm [(\(1\) )-664.5 (Conversion right)]TJ /T1_0 1 Tf 0.095 Tc 0.07 Tw 13 0 0 13 113.3858 469.5878 Tm [(The)12.8 ( Convertible)12.9 ( Bond)12.9 ( 2)12.9 (0)12.8 (2)12.8 (2)12.9 ( will,)12.8 ( at)12.8 ( the)12.9 ( option)12.8 ( of)12.9 ( the)12.8 ( holders)12.8 ( \(the)70 ( )]TJ 0 Tc 0 Tw 0 -1.231 Td (\223)Tj /T1_1 1 Tf 0.085 Tc 0.07 Tw 0.529 0 Td [(Bondholders)12.4 ( 2)12.4 (0)12.4 (2)12.4 (2)]TJ /T1_0 1 Tf 9.065 0 Td [(\224\),)12.4 ( be)12.4 ( convertible)12.4 ( \(unless)12.5 ( previously)12.5 ( redeemed,)60 ( )]TJ 0.046 Tc -9.594 -1.231 Td [(converted)12.6 ( or)12.7 ( purchased)12.7 ( and)12.7 ( cancelled\))12.7 ( during)12.7 ( the)12.7 ( period)12.7 ( from)12.7 ( December)21 ( )]TJ 0.038 Tc 0 -1.231 Td [(2)12.8 (0)12.9 (,)12.8 ( 2)12.9 (0)12.8 (2)12.8 (2)12.9 ( up)12.9 ( to)12.8 ( June)12.9 ( 1)12.9 (3)12.8 (,)12.8 ( 2)12.9 (0)12.8 (2)12.9 (8)12.8 (,)12.8 ( into)12.8 ( fully)12.8 ( paid)12.8 ( ordinary)12.8 ( shares)12.8 ( of)12.8 ( Zheshang)13 ( )]TJ 0.02 Tc 0 Tw 0 -1.231 Td [(Securities with a par value of Rmb1.00 each at an initial conversion pri\ce \(the)-5 ( )]TJ 0 Tc 0 -1.231 Td (\223)Tj /T1_1 1 Tf 0.042 Tc 0.07 Tw 0.486 0 Td [(Conversion)12.2 ( Price)12.2 ( 2)12.2 (0)12.2 (2)12.2 (2)]TJ /T1_0 1 Tf 10.564 0 Td [(\224\))12.2 ( of)12.2 ( Rmb)12.2 (1)12.2 (0)12.2 (.)12.1 (4)12.2 (9)12.2 ( per)12.2 ( share.)12.2 ( The)12.2 ( Conversion)12.2 ( Price)17 ( )]TJ 0.025 Tc 0.04 Tw -11.05 -1.231 Td (2022 will be adjusted when Zheshang Securities distributes stock dividen\ds, )Tj 0.027 Tc 0.081 Tw 0 -1.231 Td [(capitalises)2 ( )0.5 (common)2 ( )0.5 (reserves)2 ( )0.5 (into)2 ( )0.5 (share)2 ( )0.5 (capital,)2 ( )0.5 (issues)2 ( )0.5 (new)2 ( )0.5 (shares)2 ( )0.5 (or)2 ( )0.5 (places)2 ( )]TJ 0.025 Tc 0.01 Tw 0 -1.231 Td [(new )0.5 (shares, )0.5 (distributes )0.5 (cash )0.5 (dividend )0.5 (\(excluding )0.5 (the )0.5 (increase )0.5 (in )0.5 (share )0.5 (capital )]TJ 0 Tw 0 -1.231 Td (due to the conversion of the Convertible Bond 2022 issued\).)Tj 0.074 Tc 0.07 Tw 0 -2.462 Td [(When)12.6 ( the)12.6 ( share)12.6 ( price)12.5 ( of)12.6 ( Zheshang)12.6 ( Securities)12.6 ( is)12.6 ( less)12.5 ( than)12.5 ( 8)12.5 (0)12.6 (%)12.5 ( of)12.5 ( the)49 ( )]TJ 0.063 Tc 0 -1.231 Td [(Convers)0.5 (ion)12.9 ( Price)12.9 ( )0.5 (2)12.9 (0)12.9 (2)12.9 (2)12.9 ( for)12.9 ( any)12.9 ( )0.5 (1)12.9 (5)12.9 ( business)13 ( days)12.9 ( within)13 ( a)12.9 ( period)12.9 ( of)13 ( 3)12.9 (0)38 ( )]TJ 0.05 Tc 0 -1.231 Td [(consecutive)12.2 ( business)12.3 ( days)12.2 ( prior)12.3 ( to)12.2 ( the)12.2 ( Maturity)12.2 ( Date)12.3 ( 2)12.3 (0)12.2 (2)12.3 (2)12.2 (,)12.3 ( the)12.3 ( board)12.2 ( of)25.1 ( )]TJ 0.066 Tc 0 -1.231 Td [(directors)12.6 ( of)12.6 ( Zheshang)12.5 ( Securities)12.6 ( has)12.6 ( the)12.6 ( right)12.6 ( to)12.5 ( propose)12.6 ( a)12.6 ( downward)41 ( )]TJ 0.056 Tc 0 -1.231 Td [(revision)12.8 ( resolution)12.7 ( on)12.8 ( the)12.8 ( Conversion)12.7 ( Price)12.7 ( 2)12.7 (0)12.8 (2)12.7 (2)12.7 (,)12.8 ( and)12.8 ( submits)12.7 ( it)12.7 ( to)12.8 ( the)31 ( )]TJ 0.035 Tc 0.073 Tw 0 -1.231 Td [(s)0.5 (ha)0.5 (re)0.5 (ho)0.5 (ld)0.5 (er)0.5 (\222s)10.1 ( )0.5 (me)0.5 (et)0.5 (in)0.5 (g)10 ( )0.5 (of)10 ( )0.6 (Zhe)0.5 (s)0.5 (ha)0.5 (ng)10 ( )0.5 (S)0.5 (ec)0.5 (u)0.5 (ri)0.5 (ti)0.5 (es)10 ( )0.5 (f)0.5 (or)10.1 ( )0.5 (ap)0.5 (pr)0.5 (ov)0.5 (al)0.5 (.)10 ( )0.5 (As)10 ( )0.6 (at)10 ( )0.5 (J)0.5 (un)0.5 (e)10 ( )0.5 (3)10 (0)10 (,)10 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (2024, the Conversion Price 2022 was Rmb10.19 per share.)Tj ET endstreamendobj80 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 21 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.087 Tc 0.07 Tw 13 0 0 13 85.0394 773.5878 Tm [(Transaction)12.9 ( costs)12.9 ( totalling)12.9 ( Rm)0.5 (b)12.8 (8)12.9 (,)12.9 (4)12.9 (2)12.9 (7)12.9 (,)12.9 (5)12.9 (1)12.9 (5)12.9 ( that)12.9 ( relate)12.9 ( to)12.9 ( the)12.9 ( issue)12.9 ( )0.5 (of)12.9 ( the)62 ( )]TJ 0.041 Tc 0 -1.231 Td [(Convertible)12.9 ( Bond)12.9 ( 2)12.8 (0)12.9 (2)12.9 (1)12.9 ( are)12.9 ( allocated)12.9 ( to)12.9 ( the)12.9 ( debt)12.9 ( and)12.9 ( derivative)12.9 ( components)12.9 ( in)16 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (proportion to their respective fair values.)Tj 0.055 Tc 0.07 Tw 0 -2.462 Td [(Transaction)12.1 ( costs)12.2 ( amounting)12.1 ( to)12.1 ( approximately)12.2 ( Rmb)12.1 (1)12.1 (,)12.1 (7)12.1 (1)12.2 (1)12.1 (,)12.1 (2)12.1 (4)12.2 (7)12.1 ( relating)12.1 ( to)12.1 ( the)30 ( )]TJ 0.064 Tc 0 -1.231 Td [(derivative)12.3 ( component)12.3 ( were)12.3 ( charged)12.3 ( to)12.3 ( profit)12.3 ( or)12.3 ( loss)12.3 ( during)12.3 ( the)12.3 ( year)12.3 ( ended)39 ( )]TJ 0.024 Tc 0 Tw 0 -1.231 Td [(December 31, 2021. Transaction costs amounting to approximately Rmb6,716\,268)-1 ( )]TJ 0.038 Tc 0.07 Tw 0 -1.231 Td [(relating)12.8 ( to)12.9 ( the)12.9 ( debt)12.8 ( component)12.8 ( a)0.5 (re)13 ( included)12.9 ( in)12.8 ( the)12.9 ( carrying)12.9 ( amount)12.9 ( of)12.9 ( the)12.9 ( debt)13 ( )]TJ 0.041 Tc 0 -1.231 Td [(portion)12.5 ( and)12.5 ( amortised)12.5 ( over)12.6 ( the)12.6 ( period)12.5 ( of)12.6 ( the)12.6 ( Convertible)12.6 ( Bond)12.5 ( 2)12.6 (0)12.5 (2)12.6 (1)12.5 ( using)12.5 ( the)16 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (effective interest method.)Tj 0.048 Tw 0 -2.462 Td (The derivative component was measured at fair value with reference to va\luation )Tj 0 Tw 0 -1.231 Td (carried out by a firm of independent professional valuers.)Tj 0.037 Tc 0.071 Tw 0 -2.462 Td [(The)12.1 ( )0.5 (movement)12 ( )0.5 (of)12 ( )0.5 (the)12 ( )0.5 (debt)12 ( and)12 ( )0.5 (derivative)12 ( )0.5 (components)12 ( )0.5 (of)12 ( )0.5 (the)12 ( )0.5 (Convertible)12 ( )0.5 (Bond)12 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (2021 as of June 30, 2024 is set out as below:)Tj /T1_1 1 Tf 10.4 0 0 13 216.536 501.5878 Tm (Debt component at )Tj 0.996 -1.231 Td (amortised cost)Tj 9.01 1.231 Td (Derivative components )Tj 2.884 -1.231 Td (at FVTPL)Tj -0.025 Tw 11.981 0 Td (Total)Tj /T1_0 1 Tf 10.4 0 3.4833 13 212.6835 469.5878 Tm (Euro\222000)Tj 5.475 0 Td (Rmb\222000)Tj 5.427 0 Td (Euro\222000)Tj 5.475 0 Td (Rmb\222000)Tj 5.427 0 Td (Euro\222000)Tj 5.475 0 Td (Rmb\222000)Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 209.7638 465.1777 cm 0 0 m 45.354 0 l S Q BT 0 Tc 0 Tw 13 0 3.4833 13 204.0945 466.5787 Tm ( )Tj ET q 1 0 0 1 266.4567 465.1777 cm 0 0 m 45.354 0 l S Q BT 13 0 3.4833 13 260.7874 466.5787 Tm ( )Tj ET q 1 0 0 1 323.1496 465.1777 cm 0 0 m 45.354 0 l S Q BT 13 0 3.4833 13 317.4803 466.5787 Tm ( )Tj ET q 1 0 0 1 379.8425 465.1777 cm 0 0 m 45.354 0 l S Q BT 13 0 3.4833 13 374.1732 466.5787 Tm ( )Tj ET q 1 0 0 1 436.5355 465.1777 cm 0 0 m 45.354 0 l S Q BT 13 0 3.4833 13 430.8662 466.5787 Tm ( )Tj ET q 1 0 0 1 493.2284 465.1777 cm 0 0 m 45.354 0 l S Q BT 13 0 3.4833 13 487.5591 466.5787 Tm ( )Tj 0.025 Tc 10.4 0 0 13 85.0394 434.5782 Tm (On December 31, 2022 )Tj -0.025 Tw 1.008 -1.231 Td (\(Audited\))Tj 11.945 0 Td (199,401)Tj 4.651 -0 Td (1,480,135)Tj 6.776 0 Td (41,530)Tj 4.926 -0 Td (308,266)Tj 5.451 0 Td (240,931)Tj 4.651 -0 Td (1,788,401)Tj 0 Tw -39.41 -1.231 Td (Exchange realignment)Tj 0 Tc 15.854 -0 Td (\226)Tj 0.025 Tc -0.025 Tw 3.076 0 Td (79,600)Tj 0 Tc 0 Tw 7.826 -0 Td (\226)Tj 5.451 0 Td (\226)Tj 5.451 0 Td (\226)Tj 0.025 Tc -0.025 Tw 3.076 -0 Td (79,600)Tj 0 Tw -40.735 -1.231 Td (Interest charge)Tj -0.025 Tw 13.479 -0 Td (28,080)Tj 4.926 0 Td (228,084)Tj 0 Tc 0 Tw 8.351 -0 Td (\226)Tj 5.451 0 Td (\226)Tj 0.025 Tc -0.025 Tw 3.076 -0 Td (28,080)Tj 4.926 0 Td (228,084)Tj 0 Tw -40.21 -1.231 Td (Gain on )Tj -0.025 Tw (changes)Tj 0 Tw ( in fair )Tj -0.025 Tw 1.008 -1.231 Td (value)Tj 0 Tc 0 Tw 14.845 0 Td (\226)Tj 5.451 0 Td (\226)Tj 0.025 Tc -0.025 Tw 2.693 0 Td (\(38,012\))Tj 4.926 0 Td (\(280,620\))Tj 5.976 0 Td (\(38,012\))Tj 4.926 0 Td (\(280,620\))Tj ET q 1 0 0 1 209.7639 350.1669 cm 0 0 m 45.354 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 204.0946 351.5679 Tm ( )Tj ET q 1 0 0 1 266.4568 350.1669 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 260.7875 351.5679 Tm ( )Tj ET q 1 0 0 1 323.1497 350.1669 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 317.4805 351.5679 Tm ( )Tj ET q 1 0 0 1 379.8427 350.1669 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 374.1734 351.5679 Tm ( )Tj ET q 1 0 0 1 436.5356 350.1669 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 430.8663 351.5679 Tm ( )Tj ET q 1 0 0 1 493.2285 350.1669 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 487.5592 351.5679 Tm ( )Tj 0.025 Tc 10.4 0 0 13 85.0395 319.5679 Tm (On December 31, 2023 )Tj -0.025 Tw 1.008 -1.231 Td (\(Audited\))Tj 11.945 0 Td (227,481)Tj 4.651 0 Td (1,787,819)Tj 7.301 0 Td (3,518)Tj 4.926 0 Td (27,646)Tj 4.926 0 Td (230,999)Tj 4.651 0 Td (1,815,465)Tj ET 2.5 w q 1 0 0 1 209.7639 298.0034 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 209.7639 294.6709 cm 0 0 m 45.354 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 204.0946 295.9044 Tm ( )Tj ET 2.5 w q 1 0 0 1 266.4568 298.0034 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 266.4568 294.6709 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 260.7875 295.9044 Tm ( )Tj ET 2.5 w q 1 0 0 1 323.1497 298.0034 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 323.1497 294.6709 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 317.4805 295.9044 Tm ( )Tj ET 2.5 w q 1 0 0 1 379.8427 298.0034 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 379.8427 294.6709 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 374.1734 295.9044 Tm ( )Tj ET 2.5 w q 1 0 0 1 436.5356 298.0034 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 436.5356 294.6709 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 430.8663 295.9044 Tm ( )Tj ET 2.5 w q 1 0 0 1 493.2285 298.0034 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 493.2285 294.6709 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 487.5592 295.9044 Tm ( )Tj 0.025 Tc 10.4 0 0 13 85.0395 263.9044 Tm (Exchange realignment)Tj /T1_1 1 Tf 0 Tc 15.854 0 Td (\226)Tj 0.025 Tc -0.025 Tw 3.218 0 Td (\(4,914\))Tj 0 Tc 0 Tw 7.684 0 Td (\226)Tj 5.451 0 Td (\226)Tj 5.451 0 Td (\226)Tj 0.025 Tc -0.025 Tw 3.218 0 Td (\(4,914\))Tj /T1_0 1 Tf 0 Tw -40.877 -1.231 Td (Interest charge)Tj /T1_1 1 Tf -0.025 Tw 14.804 0 Td (590)Tj 4.651 0 Td (4,520)Tj 0 Tc 0 Tw 7.301 0 Td (\226)Tj 5.451 0 Td (\226)Tj 0.025 Tc -0.025 Tw 4.401 0 Td (590)Tj 4.651 0 Td (4,520)Tj /T1_0 1 Tf -41.26 -1.231 Td (Redemption)Tj /T1_1 1 Tf 12.571 0 Td (\(202,600\))Tj 4.651 0 Td (\(1,592,274\))Tj 0 Tc 0 Tw 9.534 0 Td (\226)Tj 5.451 0 Td (\226)Tj 0.025 Tc -0.025 Tw 2.168 0 Td (\(202,600\))Tj 4.651 0 Td (\(1,592,274\))Tj /T1_0 1 Tf 0 Tw -39.027 -1.231 Td (Gain on changes in fair )Tj -0.025 Tw 1.008 -1.231 Td (value)Tj /T1_1 1 Tf 0 Tc 0 Tw 14.845 0 Td (\226)Tj 5.451 0 Td (\226)Tj 0.025 Tc -0.025 Tw 4.018 0 Td (\(299\))Tj 4.651 0 Td (\(2,987\))Tj 6.251 0 Td (\(299\))Tj 4.651 0 Td (\(2,987\))Tj ET 0.5 w q 1 0 0 1 209.7641 195.4944 cm 0 0 m 45.354 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 204.0948 196.8954 Tm ( )Tj ET q 1 0 0 1 266.457 195.4944 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 260.7877 196.8954 Tm ( )Tj ET q 1 0 0 1 323.1499 195.4944 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 317.4807 196.8954 Tm ( )Tj ET q 1 0 0 1 379.8428 195.4944 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 374.1736 196.8954 Tm ( )Tj ET q 1 0 0 1 436.5358 195.4944 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 430.8665 196.8954 Tm ( )Tj ET q 1 0 0 1 493.2287 195.4944 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 487.5594 196.8954 Tm ( )Tj /T1_0 1 Tf 0.025 Tc 10.4 0 0 13 85.0397 164.8953 Tm (On June 30, 2024 )Tj -0.025 Tw 1.008 -1.231 Td (\(Unaudited\))Tj /T1_1 1 Tf 12.47 0 Td (25,471)Tj 4.926 0 Td (195,151)Tj 6.501 0 Td (3,219)Tj 4.926 0 Td (24,659)Tj 5.451 0 Td (28,690)Tj 4.926 0 Td (219,810)Tj ET 2.5 w q 1 0 0 1 209.7641 143.3308 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 209.7641 139.9983 cm 0 0 m 45.354 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 204.0948 141.2318 Tm ( )Tj ET 2.5 w q 1 0 0 1 266.457 143.3308 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 266.457 139.9983 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 260.7877 141.2318 Tm ( )Tj ET 2.5 w q 1 0 0 1 323.1499 143.3308 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 323.1499 139.9983 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 317.4807 141.2318 Tm ( )Tj ET 2.5 w q 1 0 0 1 379.8428 143.3308 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 379.8428 139.9983 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 374.1736 141.2318 Tm ( )Tj ET 2.5 w q 1 0 0 1 436.5358 143.3308 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 436.5358 139.9983 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 430.8665 141.2318 Tm ( )Tj ET 2.5 w q 1 0 0 1 493.2287 143.3308 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 493.2287 139.9983 cm 0 0 m 45.354 0 l S Q BT 13 0 0 13 487.5594 141.2318 Tm ( )Tj /T1_0 1 Tf 0.048 Tc 0.082 Tw -30.963 -2.335 Td [(A)-12 (s)0.5 ( a)-12 (t)0.5 ( J)-12 (u)-12 (n)-12.1 (e)0.5 ( 3)0.5 (0,)0.5 ( 20)0.5 (2)0.5 (4,)0.5 ( E)-12.1 (u)-12 (r)-12 (o2)0.5 (0)0.5 (2,)0.5 (6)0.5 (00)0.5 (,)0.5 (00)0.5 (0)0.5 ( o)-12 (f)0.5 ( C)-12 (o)-12 (n)-12.1 (v)-12 (e)-12 (r)-12 (t)-12.1 (i)-12 (b)-12 (l)-12.1 (e)0.5 ( B)-12 (o)-12.1 (n)-12 (d)-12 (s 2)0.5 (02)0.5 (1)0.5 ( h)-12 (a)-12 (d)0.5 ( b)-12 (e)-12 (e)-12 (n)22.9 ( )]TJ 0.024 Tc 0 Tw 0 -1.231 Td [(r)0.5 (e)0.5 (d)0.5 (e)0.5 (e)0.5 (m)0.5 (e)0.5 (d)0.5 ( )0.5 (b)0.5 (y)0.5 ( )0.5 (t)0.5 (h)0.5 (e)0.5 ( )0.5 (h)0.5 (ol)0.5 (d)0.5 (e)0.5 (r)0.5 (s)0.5 (,)0.5 ( )0.5 (a)0.5 (n)0.5 (d)0.5 ( )0.5 (t)0.5 (h)0.5 (e)0.5 ( )0.5 (r)0.5 (e)0.5 (m)0.5 (a)0.5 (i)0.5 (n)0.5 (i)0.5 (n)0.5 (g)0.5 ( )0.5 (pr)0.6 (i)0.5 (nc)0.6 (ip)0.5 (a)0.5 (l)0.5 ( )0.5 (a)0.5 (m)0.5 (o)0.5 (u)0.5 (n)0.5 (t)0.5 ( )0.5 (w)0.5 (a)0.5 (s)0.5 ( )0.5 (E)0.5 (u)0.5 (r)0.5 (o)0.5 (2)0.5 (7)0.5 (,)0.5 (4)0.5 (00)0.5 (,)0.5 (0)0.5 (0)0.5 (0)-1 ( )]TJ 0.025 Tc 0 -1.231 Td (upon such redemption.)Tj ET endstreamendobj29 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj30 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj31 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj32 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj33 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj89 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 20 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 13 0 3.4833 13 112.0517 773.5878 Tm [(\(ii\) )-583.5 (Redemption at the option of the Company)]TJ 0.047 Tc 0.07 Tw 13 0 0 13 141.7323 741.5878 Tm [(The)12.9 ( Company)12.8 ( may,)12.9 ( having)12.8 ( given)12.9 ( not)12.9 ( less)12.9 ( than)12.8 ( 3)12.8 (0)12.9 ( nor)12.9 ( more)12.9 ( than)12.8 ( 6)12.9 (0)21.9 ( )]TJ 0.025 Tc 0.012 Tw 0 -1.231 Td (days\222 notice, redeem the Convertible Bond 2021 in whole and not some \)Tj 0.054 Tc 0.07 Tw 0 -1.231 Td [(only)12.5 ( at)12.6 ( 1)12.6 (0)12.5 (0)12.5 ( percent)12.6 ( of)12.5 ( their)12.5 ( outstanding)12.5 ( principal)12.5 ( amount)12.5 ( as)12.5 ( at)12.5 ( the)29 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (relevant redemption date:)Tj 0.041 Tc 0.07 Tw 0 -2.462 Td [(\()16 (a)16 (\))16 ( )-634.5 (at)12.7 ( any)12.8 ( time)12.7 ( after)12.7 ( January)12.8 ( 2)12.8 (0)12.7 (,)12.7 ( 2)12.7 (0)12.8 (2)12.7 (4)12.7 ( but)12.7 ( prior)12.8 ( to)12.7 ( the)12.8 ( CB)12.7 ( Maturity)16 ( )]TJ 0.078 Tc 2.181 -1.231 Td [(Date)12.5 ( 2)12.4 (0)12.4 (2)12.5 (1)12.4 (,)12.4 ( provided)12.4 ( that)12.4 ( no)12.4 ( such)12.4 ( redemption)12.4 ( may)12.4 ( be)12.4 ( made)53.1 ( )]TJ 0.029 Tc 0.079 Tw 0 -1.231 Td [(unless)4 ( )0.5 (the)4.1 ( )0.5 (closing)4 ( )0.5 (price)4 ( )0.5 (of)4 ( )0.5 (an)3.9 ( )0.6 (H)4 ( )0.5 (share)4 ( )0.5 (translated)4 ( )0.5 (into)4 ( )0.5 (Euro)4 ( )0.5 (at)4 ( )0.5 (the)4 ( )]TJ 0.037 Tc 0.071 Tw 0 -1.231 Td [(prevailing)12.1 ( )0.5 (rate)12.1 ( )0.5 (applicable)12 ( )0.5 (to)12 ( )0.5 (each)12 ( )0.5 (Stock)12 ( )0.5 (Exchange)12 ( )0.5 (business)12 ( )0.5 (day,)12 ( )]TJ 0.043 Tc 0.07 Tw 0 -1.231 Td [(f)0.5 (o)0.6 (r)13 ( )0.5 (a)0.6 (n)0.5 (y)13.1 ( )0.5 (2)13 (0)13 ( )0.6 (S)0.5 (t)0.5 (o)0.6 (c)0.5 (k)13 ( )0.6 (E)0.5 (x)0.6 (c)0.5 (h)0.5 (a)0.6 (n)0.5 (g)0.5 (e)13.1 ( )0.5 (b)0.5 (u)0.6 (s)0.5 (i)0.5 (n)0.6 (e)0.5 (s)0.6 (s)13 ( )0.5 (d)0.6 (a)0.5 (y)0.5 (s)13.1 ( )0.5 (w)0.6 (i)0.5 (t)0.5 (h)0.5 (i)0.6 (n)13 ( )0.5 (a)13.1 ( )0.5 (p)0.5 (e)0.6 (r)0.5 (i)0.6 (o)0.5 (d)13 ( )0.6 (o)0.5 (f)13 ( )0.6 (3)13 (0)18 ( )]TJ 0.025 Tc 0.061 Tw 0 -1.231 Td (consecutive Stock Exchange business days, the last of such Stock )Tj 0.048 Tw 0 -1.231 Td (Exchange business day shall occur not more than 10 days prior to )Tj 0.083 Tw 0 -1.231 Td [(the )0.5 (date )0.5 (upon which )0.5 (notice )0.5 (of )0.5 (such )0.5 (redemption )0.5 (is )0.5 (given, )0.5 (was, )0.5 (for )]TJ 0.028 Tc 0.08 Tw 0 -1.231 Td [(each)3 ( )0.5 (such)3 ( )0.5 (2)3 (0)3 ( )0.5 (Stock)3 ( )0.5 (Exchange)3 ( )0.5 (business)3 ( )0.6 (days,)3 ( )0.5 (at)3 ( )0.5 (least)3 ( )0.5 (1)3 (3)3 (0)3 ( )0.5 (percent)3 ( )]TJ 0.043 Tc 0.07 Tw 0 -1.231 Td [(of)12.9 ( the)12.8 ( Conversion)12.9 ( Price)12.8 ( 2)12.8 (0)12.8 (2)12.9 (1)12.8 ( \(translated)12.8 ( into)12.8 ( Euro)12.8 ( at)12.8 ( the)12.9 ( Fixed)18 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Exchange Rate\); or)Tj 0.036 Tc 0.072 Tw -2.181 -2.462 Td [(\()11 (b)11 (\))11 ( )-581.5 (i)0.5 (f)11 ( )0.5 (a)0.5 (t)11 ( )0.5 (a)0.6 (n)0.5 (y)11 ( )0.5 (t)0.5 (i)0.5 (m)0.5 (e)11 ( )0.5 (t)0.5 (h)0.6 (e)11 ( )0.5 (a)0.5 (g)0.5 (g)0.5 (r)0.6 (e)0.5 (g)0.5 (a)0.5 (t)0.5 (e)11 ( )0.5 (p)0.6 (r)0.5 (i)0.5 (n)0.5 (c)0.5 (i)0.6 (p)0.5 (a)0.5 (l)11 ( )0.5 (a)0.5 (m)0.5 (o)0.5 (u)0.6 (n)0.5 (t)11 ( )0.5 (o)0.5 (f)11 ( )0.5 (t)0.5 (h)0.5 (e)11 ( )0.5 (C)0.6 (o)0.5 (n)0.5 (v)0.5 (e)0.5 (r)0.5 (t)0.6 (i)0.5 (b)0.5 (l)0.5 (e)11 ( )]TJ 0.045 Tc 0.07 Tw 2.181 -1.231 Td [(B)0.5 (o)0.5 (n)0.5 (d)13 ( )0.6 (2)13 (0)13 (2)13 (1)13 ( )0.5 (o)0.6 (u)0.5 (t)0.5 (s)0.5 (t)0.5 (a)0.5 (n)0.5 (d)0.6 (i)0.5 (n)0.5 (g)13 ( )0.5 (i)0.5 (s)13 ( )0.6 (l)0.5 (e)0.5 (s)0.5 (s)13 ( )0.6 (t)0.5 (h)0.5 (a)0.5 (n)13 ( )0.5 (1)13 (0)13.1 ( )0.5 (p)0.5 (e)0.5 (r)0.5 (c)0.6 (e)0.5 (n)0.5 (t)13 ( )0.5 (o)0.5 (f)13.1 ( )0.5 (t)0.5 (h)0.5 (e)13 ( )0.6 (a)0.5 (g)0.5 (g)0.5 (r)0.5 (e)0.6 (g)0.5 (a)0.5 (t)0.5 (e)20 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (principal amount originally issued.)Tj 13 0 3.4833 13 112.0517 405.5878 Tm [(\(iii\) )-280.5 (Redemption at the option of the Bondholders 2021)]TJ 0.055 Tc 0.07 Tw 13 0 0 13 141.7323 373.5878 Tm [(The)12.8 ( Company)12.8 ( will,)12.8 ( at)12.8 ( the)12.8 ( option)12.7 ( of)12.8 ( the)12.8 ( Bondholders)12.7 ( 2)12.8 (0)12.7 (2)12.8 (1)12.8 (,)12.7 ( redeem)30 ( )]TJ 0.048 Tc 0 -1.231 Td [(w)0.5 (ho)0.5 (l)0.5 (e)12.9 ( )0.5 (o)0.5 (r)12.9 ( )0.5 (s)0.5 (om)0.5 (e)13 ( )0.5 (of)13 ( )0.5 (th)0.5 (a)0.5 (t)12.9 ( )0.5 (h)0.5 (ol)0.5 (de)0.5 (r)0.5 (\222)0.5 (s)12.9 ( )0.5 (b)0.5 (on)0.5 (d)13 ( o)0.5 (n)13 ( J)0.5 (a)0.5 (nu)0.5 (a)0.5 (ry)13 ( )0.5 (2)12.9 (0)13 (,)13 ( 2)13 (0)12.9 (2)13 (4)13 ( \()0.5 (t)0.5 (h)0.5 (e)12.9 ( )0.5 (\223)]TJ /T1_1 1 Tf -0.048 Tw 28.932 0 Td [(P)0.5 (ut)23 ( )]TJ 0.025 Tc 0.05 Tw -28.932 -1.231 Td (Option Date)Tj /T1_0 1 Tf (\224\) at 100 percent of their outstanding principal amount on )Tj 0 Tw 0 -1.231 Td (that date.)Tj -4.361 -2.462 Td (The Convertible Bond 2021 comprises two components:)Tj 0.098 Tc 0.07 Tw 0 -2.462 Td [(\()73 (a)73 (\))73 ( )-577.4 (Debt)12.8 ( component)12.8 ( was)12.8 ( initially)12.9 ( measured)12.8 ( at)12.9 ( fair)12.8 ( value)12.9 ( amounted)12.8 ( to)73 ( )]TJ 0.041 Tc 0.082 Tw 2.18 -1.231 Td [(a)-12.2 (p)-12.3 (p)-12.2 (r)-12.3 (o)-12.2 (x)-12.3 (i)-12.2 (m)-12.3 (a)-12.2 (t)-12.3 (e)-12.2 (l)-12.3 (y E)-12.2 (u)-12.3 (r)-12.2 (o183,297,000 \()-12.2 (e)-12.2 (q)-12.3 (u)-12.3 (i)-12.2 (v)-12.3 (a)-12.2 (l)-12.2 (e)-12.3 (n)-12.2 (t t)-12.3 (o R)-12.2 (m)-12.3 (b1,443,009,000\))-12.2 (. I)-12.3 (t i)-12.2 (s)16 ( )]TJ 0.027 Tc 0.081 Tw 0 -1.231 Td [(subsequently)2 ( )0.5 (measured)1.9 ( )0.5 (at)2 ( )0.5 (amortised)2 ( )0.5 (cost)2 ( )0.5 (by)2 ( )0.5 (applying)2 ( )0.5 (effective)2.1 ( interest)2 ( rate)2 ( )]TJ 0.039 Tc 0.07 Tw 0 -1.231 Td [(method)12.4 ( after)12.5 ( considering)12.4 ( the)12.4 ( effect)12.5 ( of)12.4 ( the)12.5 ( transaction)12.5 ( costs.)12.4 ( The)12.4 ( effective)14 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (interest rate used is 4.74%.)Tj 0.068 Tc 0.07 Tw -2.18 -2.462 Td [(\()43 (b)43 (\))43 ( )-551.5 (De)0.5 (riva)0.5 (tive)13 ( co)0.5 (mpone)0.5 (nt)12.9 ( c)0.5 (ompr)0.5 (ises)13 ( co)0.5 (nver)0.5 (sion)13 ( rig)0.5 (ht)12.9 ( of)13 ( the)13 ( Bon)0.5 (dhol)0.5 (ders)43 ( )]TJ 0.053 Tc 2.18 -1.231 Td [(2)13 (0)13 (2)13 (1)13 (,)13 ( )0.5 (r)0.5 (e)0.5 (d)0.5 (e)0.5 (m)0.5 (pt)0.5 (i)0.5 (o)0.5 (n)13 ( )0.5 (o)0.5 (p)0.5 (t)0.5 (i)0.5 (o)0.5 (n)13 ( )0.5 (o)0.5 (f)13 ( )0.5 (th)0.5 (e)13 ( )0.6 (C)0.5 (om)0.5 (p)0.5 (a)0.5 (n)0.5 (y)0.5 (,)13 ( )0.5 (a)0.5 (n)0.5 (d)13 ( )0.5 (r)0.5 (e)0.5 (d)0.5 (e)0.5 (m)0.5 (p)0.5 (t)0.5 (i)0.5 (o)0.5 (n)13 ( )0.5 (op)0.5 (t)0.5 (i)0.5 (o)0.5 (n)13 ( )0.5 (o)0.5 (f)13 ( )0.5 (t)0.5 (h)0.5 (e)28 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Bondholders 2021.)Tj ET endstreamendobj88 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 19 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 56.6929 773.5878 Tm [(10. )-580.5 (CONVERTIBLE BONDS)]TJ 2.181 -2.462 Td (Convertible Bond 2021)Tj /T1_0 1 Tf 0.038 Tc 0.07 Tw 0 -2.462 Td [(On)12.4 ( January)12.4 ( 2)12.4 (0)12.5 (,)12.4 ( 2)12.5 (0)12.4 (2)12.4 (1)12.5 (,)12.4 ( the)12.5 ( Company)12.4 ( issued)12.4 ( a)12.5 ( zero)12.4 ( coupon)12.4 ( convertible)12.4 ( bond)12.4 ( due)13 ( )]TJ 0.045 Tc 0 -1.231 Td [(2)12.3 (0)12.3 (2)12.3 (6)12.2 ( in)12.3 ( an)12.3 ( aggregate)12.3 ( principal)12.2 ( amount)12.2 ( of)12.3 ( Euro)12.3 (2)12.2 (3)12.3 (0)12.3 (,)12.3 (0)12.3 (0)12.2 (0)12.3 (,)12.3 (0)12.3 (0)12.3 (0)12.3 ( \(the)12.3 ( \223)]TJ /T1_1 1 Tf -0.045 Tw [(Convertible)20 ( )]TJ 0.043 Tc 0.082 Tw 0 -1.231 Td [(B)-12.3 (o)-12.3 (n)-12.3 (d 2021)]TJ /T1_0 1 Tf 0.055 Tc 0.07 Tw [(\224\).)12.2 ( The)12.2 ( Convertible)12.2 ( Bond)12.2 ( 2)12.2 (0)12.3 (2)12.2 (1)12.2 ( is)12.2 ( listed)12.2 ( )]TJ [(and)12.1 ( traded)]TJ 28.456 0 Td [( on)12.2 ( The)12.2 ( Stock)30 ( )]TJ 0.025 Tc 0 Tw -28.456 -1.231 Td (Exchange of Hong Kong Limited \(the \223)Tj /T1_1 1 Tf (Stock Exchange)Tj /T1_0 1 Tf -0.025 Tw (\224\).)Tj 0 Tw -0 -2.462 Td (The principal terms of the Convertible Bond 2021 are set out below:)Tj /T1_1 1 Tf 13 0 3.4833 13 83.7052 597.5878 Tm [(\(1\) )-664.5 (Conversion right)]TJ /T1_0 1 Tf 0.102 Tc 0.07 Tw 13 0 0 13 113.3858 565.5878 Tm [(The)12.2 ( Convertible)12.2 ( Bond)12.1 ( 2)12.2 (0)12.1 (2)12.2 (1)12.1 ( will,)12.1 ( at)12.1 ( the)12.2 ( option)12.1 ( of)12.1 ( the)12.2 ( holder)12.2 ( \(the)77 ( )]TJ 0 Tc 0 Tw 0 -1.231 Td (\223)Tj /T1_1 1 Tf 0.085 Tc 0.07 Tw 0.529 0 Td [(Bondholders)12.4 ( 2)12.4 (0)12.4 (2)12.4 (1)]TJ /T1_0 1 Tf 9.065 0 Td [(\224\),)12.4 ( be)12.4 ( convertible)12.4 ( \(unless)12.5 ( previously)12.5 ( redeemed,)60 ( )]TJ 0.057 Tc -9.594 -1.231 Td [(converted)12.5 ( or)12.4 ( purchased)12.4 ( and)12.4 ( cancelled\))12.5 ( on)12.4 ( or)12.4 ( after)12.4 ( March)12.4 ( 2)12.4 (,)12.5 ( 2)12.4 (0)12.4 (2)12.5 (1)12.4 ( up)12.4 ( to)32 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (January 10, 2026 into fully paid ordinary shares with a par value of Rmb\1.00 )Tj 0.071 Tc 0.07 Tw 0 -1.231 Td [(each)12.7 ( at)12.6 ( an)12.7 ( initial)12.7 ( conversion)12.7 ( price)12.7 ( \(the)12.7 ( \223)]TJ /T1_1 1 Tf [(Conversion)12.6 ( Price)12.7 ( 2)12.7 (0)12.6 (2)12.7 (1)]TJ /T1_0 1 Tf 30.507 0 Td [(\224\))12.7 ( of)46 ( )]TJ 0.025 Tc 0.08 Tw -30.507 -1.231 Td (HK$8.83 per H share and a fixed exchange rate of HK$9.5145 to Euro1.00 )Tj 0.054 Tc 0.07 Tw 0 -1.231 Td [(\(th)0.5 (e)12.9 ( \223)]TJ /T1_1 1 Tf [(F)0.5 (ixed)12.9 ( E)0.5 (xchan)0.5 (ge)12.9 ( R)0.5 (ate)]TJ /T1_0 1 Tf [(\224)0.5 (\).)12.9 ( Th)0.5 (e)12.9 ( Co)0.5 (nvers)0.5 (ion)12.9 ( Pr)0.5 (ice)12.9 ( )0.5 (2)12.9 (0)12.9 (2)12.9 (1)12.9 ( i)0.5 (s)12.9 ( subj)0.5 (ect)12.9 ( )0.5 (to)29 ( )]TJ 0.052 Tc 0 -1.231 Td [(the)12.5 ( anti-dilutive)12.4 ( adjustments)12.4 ( and)12.4 ( certain)12.5 ( events)12.5 ( including)12.5 ( mainly:)12.5 ( share)27.1 ( )]TJ 0.042 Tc 0 -1.231 Td [(consolidation,)12.1 ( subdivision)12.1 ( or)12.1 ( re-classification,)12.1 ( capitalisation)12.1 ( of)12.1 ( profits)12.1 ( or)17 ( )]TJ 0.025 Tc 0.049 Tw 0 -1.231 Td (reserves, capital distributions, rights issues of shares or options over\ shares, )Tj 0.017 Tc 0 Tw 0 -1.231 Td [(rights issues of other securities and issues at less than current market\ price. As)-8 ( )]TJ 0.025 Tc 0 -1.231 Td (at June 30, 2024, the )Tj (latest conversion price)Tj ( was HK$6.29 per H share.)Tj /T1_1 1 Tf 0.665 Tw 13 0 3.4833 13 83.7052 357.5878 Tm [(\(2\) )0.5 (Redemption )]TJ -0.025 Tw 7.927 0 Td (right)Tj /T1_0 1 Tf 0 Tc 0 Tw 13 0 0 13 113.3858 341.5878 Tm ( )Tj 0.025 Tc 13 0 3.4833 13 112.0517 325.5878 Tm [(\(i\) )-886.5 (Redemption at maturity)]TJ 0.03 Tc 0.078 Tw 13 0 0 13 141.7322 293.5878 Tm [(Unless)5 ( )0.5 (previously)5 ( )0.5 (redeemed,)4.9 ( )0.6 (converted)5 ( )0.5 (or)5 ( )0.5 (purchased)5 ( )0.5 (and)5 ( )0.5 (cancelled)5 ( )0.5 (as)5 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (provided herein, the Company will redeem each Convertible Bond 2021 )Tj 0.053 Tw 0 -1.231 Td (at 100 percent of its outstanding principal amount on the maturity date \)Tj 0 Tw 0 -1.231 Td (of January 20, 2026 \(the \223)Tj /T1_1 1 Tf (CB Maturity Date 2021)Tj /T1_0 1 Tf -0.025 Tw (\224\).)Tj ET endstreamendobj87 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 18 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.06 Tc 0.07 Tw 13 0 0 13 85.0394 773.5878 Tm [(The)12.7 ( following)12.7 ( is)12.7 ( an)12.6 ( aged)12.7 ( analysis)12.7 ( of)12.7 ( trade)12.7 ( receivables)12.7 ( net)12.7 ( of)12.6 ( allowance)12.7 ( for)35 ( )]TJ 0.025 Tc 0.074 Tw 0 -1.231 Td (credit losses presented based on the invoice date at the end of the Peri\od, which )Tj 0 Tw 0 -1.231 Td (approximated the respective revenue recognition dates:)Tj /T1_1 1 Tf 24.962 -2.462 Td (As at )Tj -1.437 -1.231 Td (June 30, )Tj -0.025 Tw 1.656 -1.231 Td (2024)Tj /T1_0 1 Tf 0 Tw 7.524 2.462 Td (As at )Tj -3.701 -1.231 Td (December 31, )Tj -0.025 Tw 3.809 -1.231 Td (2023)Tj /T1_1 1 Tf 13 0 3.4833 13 384.8143 661.5878 Tm (Rmb\222000)Tj /T1_0 1 Tf 7.798 0 Td (Rmb\222000)Tj /T1_1 1 Tf 13 0 0 13 368.9498 645.5878 Tm (\(Unaudited\))Tj /T1_0 1 Tf 8.961 0 Td (\(Audited\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 351.4961 641.1777 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 642.5787 Tm ( )Tj ET q 1 0 0 1 450.7086 641.1777 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 642.5787 Tm ( )Tj 0.025 Tc -27.692 -2.462 Td (Within 3 months)Tj /T1_1 1 Tf -0.025 Tw 23.856 0 Td (527,177)Tj /T1_0 1 Tf 7.632 0 Td (420,733)Tj 0 Tw -31.488 -1.231 Td (3 months to 1 year)Tj /T1_1 1 Tf -0.025 Tw 23.856 0 Td (531,701)Tj /T1_0 1 Tf 7.632 0 Td (381,569)Tj 0 Tw -31.488 -1.231 Td (1 to 2 years)Tj /T1_1 1 Tf -0.025 Tw 24.381 0 Td (34,099)Tj /T1_0 1 Tf 7.632 0 Td (23,734)Tj 0 Tw -32.013 -1.231 Td (Over 2 years)Tj /T1_1 1 Tf -0.025 Tw 24.906 0 Td (1,598)Tj /T1_0 1 Tf 7.632 0 Td (5,442)Tj ET q 1 0 0 1 351.4961 558.1686 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 559.5696 Tm ( )Tj ET q 1 0 0 1 450.7086 558.1686 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 559.5696 Tm ( )Tj 0.025 Tc -0.025 Tw -27.692 -2.462 Td (Total)Tj /T1_1 1 Tf 23.056 0 Td (1,094,575)Tj /T1_0 1 Tf 8.432 0 Td (831,478)Tj ET 2.5 w q 1 0 0 1 351.4961 522.0051 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.4961 518.6726 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 519.9061 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7087 522.0051 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7087 518.6726 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 519.9061 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -29.873 -2.335 Td [(9. )-1105.5 (TRADE PAYABLES)]TJ /T1_0 1 Tf 0.037 Tc 0.071 Tw 2.18 -2.462 Td [(Trade)12 ( )0.5 (payables)12 ( )0.5 (mainly)12 ( )0.5 (represent)12 ( )0.5 (the)12 ( )0.5 (payables)12 ( )0.5 (for)12 ( )0.6 (the)12 ( )0.5 (expressway)12 ( )0.5 (improvement)12 ( )]TJ 0.025 Tc 0.074 Tw 0 -1.231 Td (projects. The following is an aged analysis of trade payables presented \based on )Tj 0 Tw 0 -1.231 Td (the invoice date at the end of the Period:)Tj /T1_1 1 Tf 24.962 -2.462 Td (As at )Tj -1.437 -1.231 Td (June 30, )Tj -0.025 Tw 1.656 -1.231 Td (2024)Tj /T1_0 1 Tf 0 Tw 7.524 2.462 Td (As at )Tj -3.701 -1.231 Td (December 31, )Tj -0.025 Tw 3.809 -1.231 Td (2023)Tj /T1_1 1 Tf 13 0 3.4833 13 384.8143 345.5571 Tm (Rmb\222000)Tj /T1_0 1 Tf 7.798 0 Td (Rmb\222000)Tj /T1_1 1 Tf 13 0 0 13 368.9498 329.5571 Tm (\(Unaudited\))Tj /T1_0 1 Tf 8.961 0 Td (\(Audited\))Tj ET 0.5 w q 1 0 0 1 351.4961 325.147 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 326.548 Tm ( )Tj ET q 1 0 0 1 450.7086 325.147 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 326.548 Tm ( )Tj 0.025 Tc -27.692 -2.462 Td (Within 3 months)Tj /T1_1 1 Tf -0.025 Tw 23.856 0 Td (275,589)Tj /T1_0 1 Tf 7.632 0 Td (668,425)Tj 0 Tw -31.488 -1.231 Td (3 months to 1 year)Tj /T1_1 1 Tf -0.025 Tw 23.856 0 Td (461,554)Tj /T1_0 1 Tf 7.632 0 Td (127,248)Tj 0 Tw -31.488 -1.231 Td (1 to 2 years)Tj /T1_1 1 Tf -0.025 Tw 23.856 0 Td (108,994)Tj /T1_0 1 Tf 7.632 0 Td (154,917)Tj 0 Tw -31.488 -1.231 Td (2 to 3 years)Tj /T1_1 1 Tf -0.025 Tw 24.381 0 Td (45,455)Tj /T1_0 1 Tf 7.632 0 Td (78,708)Tj 0 Tw -32.013 -1.231 Td (Over 3 years)Tj /T1_1 1 Tf -0.025 Tw 23.856 0 Td (258,263)Tj /T1_0 1 Tf 7.632 0 Td (235,876)Tj ET q 1 0 0 1 351.4961 226.138 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 227.5389 Tm ( )Tj ET q 1 0 0 1 450.7086 226.138 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 227.5389 Tm ( )Tj 0.025 Tc -0.025 Tw -27.692 -2.462 Td (Total)Tj /T1_1 1 Tf 23.056 0 Td (1,149,855)Tj /T1_0 1 Tf 7.632 0 Td (1,265,174)Tj ET 2.5 w q 1 0 0 1 351.4961 189.9744 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.4961 186.6419 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 187.8754 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7087 189.9744 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7087 186.6419 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 187.8754 Tm ( )Tj ET endstreamendobj86 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 17 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 56.6929 773.5878 Tm [(8. )-1105.5 (TRADE RECEIVABLES)]TJ 27.143 -2.462 Td (As at )Tj -1.437 -1.231 Td (June 30, )Tj -0.025 Tw 1.656 -1.231 Td (2024)Tj /T1_0 1 Tf 0 Tw 7.524 2.462 Td (As at )Tj -3.701 -1.231 Td (December 31, )Tj -0.025 Tw 3.809 -1.231 Td (2023)Tj /T1_1 1 Tf 13 0 3.4833 13 384.8143 693.5878 Tm (Rmb\222000)Tj /T1_0 1 Tf 7.798 0 Td (Rmb\222000)Tj /T1_1 1 Tf 13 0 0 13 368.9498 677.5878 Tm (\(Unaudited\))Tj /T1_0 1 Tf 8.961 0 Td (\(Audited\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 351.4961 673.1777 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 674.5787 Tm ( )Tj ET q 1 0 0 1 450.7086 673.1777 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 674.5787 Tm ( )Tj 0.025 Tc -27.692 -2.462 Td (Trade receivables comprise:)Tj 1.003 -1.231 Td (\226 contracts with customers)Tj /T1_1 1 Tf -0.025 Tw 22.053 0 Td (1,097,172)Tj /T1_0 1 Tf 8.432 0 Td (837,226)Tj 0 Tw -31.488 -1.231 Td (Less: Allowance for credit losses)Tj /T1_1 1 Tf -0.025 Tw 24.523 0 Td (\(2,597\))Tj /T1_0 1 Tf 7.632 0 Td (\(5,748\))Tj ET q 1 0 0 1 351.4961 606.1686 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 607.5696 Tm ( )Tj ET q 1 0 0 1 450.7086 606.1686 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 607.5696 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw -4.636 -2.462 Td (1,094,575)Tj /T1_0 1 Tf 8.432 0 Td (831,478)Tj ET 2.5 w q 1 0 0 1 351.4961 570.0051 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.4961 566.6726 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 567.9061 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7087 570.0051 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7087 566.6726 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 567.9061 Tm ( )Tj 0.025 Tc -27.692 -2.462 Td (Trade receivables \(before allowance for credit )Tj 1.003 -1.231 Td (losses\) comprise:)Tj 0 -1.231 Td (Fellow subsidiaries)Tj /T1_1 1 Tf -0.025 Tw 23.378 0 Td (12,753)Tj /T1_0 1 Tf 7.632 0 Td (19,520)Tj 0 Tw -31.01 -1.231 Td (Third parties)Tj /T1_1 1 Tf -0.025 Tw 22.053 0 Td (1,084,419)Tj /T1_0 1 Tf 8.432 0 Td (817,706)Tj ET 0.5 w q 1 0 0 1 351.4961 483.4961 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 484.897 Tm ( )Tj ET q 1 0 0 1 450.7086 483.4961 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 484.897 Tm ( )Tj 0.025 Tc -27.692 -2.462 Td (Total trade receivables)Tj /T1_1 1 Tf -0.025 Tw 23.056 0 Td (1,097,172)Tj /T1_0 1 Tf 8.432 0 Td (837,226)Tj ET 2.5 w q 1 0 0 1 351.4961 447.3325 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.4961 444 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 445.2335 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7087 447.3325 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7087 444 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 445.2335 Tm ( )Tj 0.037 Tc 0.071 Tw -27.692 -2.335 Td [(The)12.1 ( )0.5 (Group)12 ( )0.5 (has)12 ( )0.5 (no)12 ( )0.5 (credit)12 ( )0.5 (period)12 ( )0.5 (granted)12 ( )0.5 (to)12 ( )0.5 (its)12 ( )0.5 (trade)12 ( )0.5 (customers)12 ( )0.5 (of)12 ( )0.5 (toll)12 ( )0.5 (operation)12 ( )]TJ 0.082 Tc 0.07 Tw 0 -1.231 Td [(business.)12.6 ( The)12.6 ( Group\222s)12.5 ( trade)12.5 ( receivable)12.6 ( balance)12.5 ( for)12.6 ( toll)12.5 ( operation)12.5 ( is)12.6 ( toll)57 ( )]TJ 0.042 Tc 0 -1.231 Td [(receivables)12.6 ( from)12.6 ( the)12.6 ( respective)12.6 ( expressway)12.6 ( fee)12.6 ( settlement)12.6 ( centres)12.6 ( of)12.6 ( Zhejiang)17 ( )]TJ 0.061 Tc 0 -1.231 Td [(Province)12.6 ( and)12.6 ( Anhui)12.7 ( Province,)12.6 ( Transportation)12.6 ( Bureau)12.6 ( of)12.6 ( Linping)12.6 ( County)12.6 ( of)36 ( )]TJ 0.025 Tc 0.079 Tw 0 -1.231 Td [(Hangzhou, Transportation )0.5 (Bureau of )0.5 (Hangzhou, Transportation Bureau of Yiwu, )]TJ 0.055 Tw 0 -1.231 Td (Transportation Bureau of Lin\222an of Hangzhou, Transportation Bureau of\ Jiaxing, )Tj -0.025 Tw 0 -1.231 Td (etc.)Tj 0.071 Tc 0.07 Tw 0 -2.462 Td [(In)12.2 ( respect)12.2 ( of)12.3 ( the)12.3 ( Group\222s)12.3 ( asset)12.3 ( management)12.3 ( service,)12.2 ( security)12.3 ( commission)46 ( )]TJ 0.049 Tc 0 -1.231 Td [(and)12.1 ( financial)12 ( advisory)12.1 ( service)12 ( operated)12.1 ( by)12 ( Zheshang)12 ( Securities)12.1 ( Co.,)12.1 ( Ltd)12.1 ( \(the)24 ( )]TJ 0 Tc 0 Tw 0 -1.231 Td (\223)Tj /T1_1 1 Tf 0.025 Tc 0.035 Tw 0.469 0 Td (Zheshang Securities)Tj /T1_0 1 Tf (\224\), trading limits are set for customers. The Group seeks to )Tj 0.061 Tw -0.469 -1.231 Td (maintain tight control over its outstanding trade receivables in order t\o minimise )Tj 0 Tw 0 -1.231 Td (credit risk. Overdue balances are regularly monitored by the management.\)Tj ET endstreamendobj85 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 16 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 13 0 0 13 85.0394 773.5878 Tm (Number of shares:)Tj /T1_1 1 Tf 22.016 -2.462 Td (For the six months ended )Tj 3.811 -1.231 Td (June 30,)Tj -0.025 Tw -0.646 -1.231 Td (2024)Tj /T1_0 1 Tf 7.632 0 Td (2023)Tj /T1_1 1 Tf 13 0 3.4833 13 413.2321 693.5878 Tm (\222000)Tj /T1_0 1 Tf 7.632 0 Td (\222000)Tj /T1_1 1 Tf 13 0 0 13 368.9498 677.5878 Tm (\(Unaudited\))Tj /T1_0 1 Tf 0 Tw 6.531 0 Td (\(Unaudited and )Tj -0.025 Tw 2.875 -1.231 Td (restated\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 351.496 657.1777 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 658.5787 Tm ( )Tj ET q 1 0 0 1 450.7086 657.1777 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0393 658.5787 Tm ( )Tj 0.025 Tc -27.692 -2.462 Td (Number of ordinary shares for the purpose of )Tj 1.003 -1.231 Td (basic earnings per share)Tj /T1_1 1 Tf -0.025 Tw 22.053 0 Td (5,993,498)Tj /T1_0 1 Tf 7.632 0 Td (4,553,764)Tj 0 Tw -30.688 -1.231 Td (Effect of dilutive potential ordinary shares )Tj 1.003 -1.231 Td (arising from convertible bonds)Tj /T1_1 1 Tf -0.025 Tw 23.378 0 Td (38,968)Tj /T1_0 1 Tf 7.107 0 Td (282,891)Tj ET q 1 0 0 1 351.496 574.1686 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8267 575.5696 Tm ( )Tj ET q 1 0 0 1 450.7086 574.1686 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0393 575.5696 Tm ( )Tj 0.025 Tc -27.692 -2.462 Td (Weighted average number of ordinary shares )Tj 1.003 -1.231 Td (for the purpose of diluted earnings per share)Tj /T1_1 1 Tf -0.025 Tw 22.053 0 Td (6,032,466)Tj /T1_0 1 Tf 7.632 0 Td (4,836,655)Tj ET 2.5 w q 1 0 0 1 351.496 522.0051 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.496 518.6726 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8267 519.9061 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7086 522.0051 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7086 518.6726 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0393 519.9061 Tm ( )Tj 0.025 Tc -0.025 Tw 11 0 2.9474 11 83.9104 491.5571 Tm (Note:)Tj 0 Tc 0 Tw 11 0 0 11 110.856 491.5571 Tm ( )Tj 0.025 Tc 0.008 Tw 1.518 0 Td (The Group offered)Tj ( rights issue to its existing domestic and H shareholders in December )Tj 0 Tw 0 -1.273 Td (2023, respectively, )Tj -0.025 Tw (as )Tj 0 Tw 9.485 0 Td (the price of share was below the market price at the time of rights )Tj 0.026 Tc 0.082 Tw -9.485 -1.273 Td [(issue,)1 ( )0.5 (there)1.1 ( )0.5 (were)1 ( )0.5 (bonus)1 ( )0.5 (elements)1 ( )0.5 (for)1 ( )0.5 (rights)1 ( )0.5 (issue)1 ( )0.5 (and)1 ( )0.5 (the)1 ( )0.5 (weighted)1 ( )0.5 (average)1.1 ( )0.5 (number)1 ( )0.5 (of)1 ( )]TJ 0.025 Tc 0.003 Tw 0 -1.273 Td (ordinary shares were adjusted retrospectively. As a result, the weighted\ average number )Tj 0.027 Tc 0.081 Tw 0 -1.273 Td [(of)2 ( )0.5 (ordinary)1.9 ( )0.5 (shares)2 ( )0.5 (and)2 ( )0.5 (the)2.1 ( basic)2 ( )0.5 (earnings)2 ( )0.5 (per)2 ( )0.5 (share)2 ( )0.5 (for)2 ( )0.5 (the)2 ( )0.5 (six)2 ( )0.5 (months)2 ( )0.5 (ended)2 ( June)2 ( )0.5 (3)2 (0)2 (,)2 ( )]TJ 0.025 Tc 0 Tw 0 -1.273 Td (2023 were restated.)Tj ET endstreamendobj24 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj25 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj26 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj27 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj28 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj94 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 15 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 56.6929 773.5878 Tm [(7. )-1105.5 (EARNINGS PER SHARE)]TJ /T1_0 1 Tf 0.046 Tc 0.07 Tw 2.181 -2.462 Td [(The)12.4 ( calculation)12.5 ( of)12.5 ( the)12.4 ( basic)12.4 ( and)12.4 ( diluted)12.4 ( earnings)12.5 ( per)12.5 ( share)12.5 ( attributable)12.4 ( to)12.4 ( the)21.1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (owners of the Company is based on the following data:)Tj 0 -2.462 Td (Earnings figures are calculated as follows:)Tj /T1_1 1 Tf 22.016 -2.462 Td (For the six months ended )Tj 3.811 -1.231 Td (June 30,)Tj -0.025 Tw -0.646 -1.231 Td (2024)Tj /T1_0 1 Tf 7.632 0 Td (2023)Tj /T1_1 1 Tf 13 0 3.4833 13 384.8143 613.5878 Tm (Rmb\222000)Tj /T1_0 1 Tf 7.798 0 Td (Rmb\222000)Tj /T1_1 1 Tf 13 0 0 13 373.2787 597.5878 Tm (\(Unaudited\))Tj /T1_0 1 Tf 0 Tw 6.198 0 Td (\(Unaudited and )Tj -0.025 Tw 2.875 -1.231 Td (restated\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 351.4961 577.1777 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 578.5787 Tm ( )Tj ET q 1 0 0 1 450.7086 577.1777 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 578.5787 Tm ( )Tj 0.025 Tc -27.692 -2.462 Td (Profit for the Period attributable to owners of )Tj 1.003 -1.231 Td (the Company)Tj /T1_1 1 Tf -0.025 Tw 22.053 0 Td (2,680,010)Tj /T1_0 1 Tf 7.632 0 Td (2,558,492)Tj 0 Tw -30.688 -1.231 Td (Earnings for the purpose of basic earnings per )Tj -0.025 Tw 1.003 -1.231 Td (share)Tj /T1_1 1 Tf 22.053 0 Td (2,680,010)Tj /T1_0 1 Tf 7.632 0 Td (2,558,492)Tj 0 Tw -30.688 -1.231 Td (Effect of dilutive potential ordinary shares )Tj 1.003 -1.231 Td (arising from convertible bonds)Tj /T1_1 1 Tf -0.025 Tw 22.995 0 Td (\(23,109\))Tj /T1_0 1 Tf 8.015 0 Td (51,161)Tj ET q 1 0 0 1 351.4961 462.1686 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 463.5696 Tm ( )Tj ET q 1 0 0 1 450.7086 462.1686 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 463.5696 Tm ( )Tj 0.025 Tc -27.692 -2.462 Td (Earnings for the purpose of diluted earnings )Tj 1.003 -1.231 Td (per share)Tj /T1_1 1 Tf -0.025 Tw 22.053 0 Td (2,656,901)Tj /T1_0 1 Tf 7.632 0 Td (2,609,653)Tj ET 2.5 w q 1 0 0 1 351.4961 410.0051 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.4961 406.6726 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 407.9061 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7087 410.0051 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7087 406.6726 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 407.9061 Tm ( )Tj ET endstreamendobj93 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 14 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 56.6929 773.5878 Tm [(6. )-1105.5 (INCOME TAX EXPENSE)]TJ 24.196 -2.462 Td (For the six months ended )Tj 3.811 -1.231 Td (June 30,)Tj -0.025 Tw -0.646 -1.231 Td (2024)Tj /T1_0 1 Tf 7.632 0 Td (2023)Tj /T1_1 1 Tf 13 0 3.4833 13 384.8143 693.5878 Tm (Rmb\222000)Tj /T1_0 1 Tf 7.798 0 Td (Rmb\222000)Tj /T1_1 1 Tf 13 0 0 13 373.2787 677.5878 Tm (\(Unaudited\))Tj /T1_0 1 Tf 0 Tw 6.198 0 Td (\(Unaudited and )Tj -0.025 Tw 2.875 -1.231 Td (restated\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 351.4961 657.1777 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 658.5787 Tm ( )Tj ET q 1 0 0 1 450.7086 657.1777 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 658.5787 Tm ( )Tj 0.025 Tc -27.692 -2.462 Td (Current tax:)Tj 1.003 -1.231 Td (PRC Enterprise Income Tax \(\223)Tj /T1_1 1 Tf -0.025 Tw (EIT)Tj /T1_0 1 Tf (\224\))Tj /T1_1 1 Tf 22.853 0 Td (572,230)Tj /T1_0 1 Tf 7.632 0 Td (754,134)Tj 0 Tw -30.485 -1.231 Td (Deferred tax)Tj /T1_1 1 Tf -0.025 Tw 22.853 0 Td (239,718)Tj /T1_0 1 Tf 7.249 0 Td (\(128,228\))Tj ET q 1 0 0 1 351.4961 590.1686 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 591.5696 Tm ( )Tj ET q 1 0 0 1 450.7086 590.1686 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 591.5696 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw -3.836 -2.462 Td (811,948)Tj /T1_0 1 Tf 7.632 0 Td (625,906)Tj ET 2.5 w q 1 0 0 1 351.4961 554.0051 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.4961 550.6726 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 551.9061 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7087 554.0051 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7087 550.6726 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 551.9061 Tm ( )Tj 0.044 Tc 0.07 Tw -27.692 -2.335 Td [(Under)12.6 ( the)12.6 ( Law)12.6 ( of)12.6 ( the)12.6 ( PRC)12.6 ( on)12.6 ( EIT)12.7 ( and)12.6 ( Implementation)12.6 ( Regulation)12.6 ( of)12.6 ( the)12.6 ( EIT)19 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Law, the tax rate of the PRC subsidiaries is 25%.)Tj 0.054 Tc 0.07 Tw 0 -2.462 Td [(No)12.5 ( Hong)12.4 ( Kong)12.4 ( profits)12.4 ( tax)12.4 ( has)12.4 ( been)12.4 ( provided)12.4 ( as)12.4 ( the)12.4 ( Group)12.4 ( has)12.4 ( no)12.5 ( estimated)29 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (assessable profit in Hong Kong during the Period.)Tj ET endstreamendobj92 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 13 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 56.6929 773.5878 Tm [(5. )-1105.5 (OTHER INCOME AND GAINS AND LOSSES)]TJ 24.196 -2.462 Td (For the six months ended )Tj 3.811 -1.231 Td (June 30,)Tj -0.025 Tw -0.646 -1.231 Td (2024)Tj /T1_0 1 Tf 7.632 0 Td (2023)Tj /T1_1 1 Tf 13 0 3.4833 13 384.8143 693.5878 Tm (Rmb\222000)Tj /T1_0 1 Tf 7.798 0 Td (Rmb\222000)Tj /T1_1 1 Tf 13 0 0 13 373.2787 677.5878 Tm (\(Unaudited\))Tj /T1_0 1 Tf 0 Tw 6.198 0 Td (\(Unaudited and )Tj -0.025 Tw 2.875 -1.231 Td (restated\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 351.4961 657.1777 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 658.5787 Tm ( )Tj ET q 1 0 0 1 450.7086 657.1777 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 658.5787 Tm ( )Tj 0.025 Tc -27.692 -2.462 Td (Interest income on financial institutions)Tj /T1_1 1 Tf -0.025 Tw 23.856 0 Td (234,017)Tj /T1_0 1 Tf 7.632 0 Td (163,732)Tj 0 Tw -31.488 -1.231 Td (Rental income)Tj /T1_1 1 Tf -0.025 Tw 24.381 0 Td (37,075)Tj /T1_0 1 Tf 7.632 0 Td (32,554)Tj 0 Tw -32.013 -1.231 Td (Gain on change in fair value in respect of the )Tj 1.003 -1.231 Td (derivative component of convertible bonds)Tj /T1_1 1 Tf -0.025 Tw 23.903 0 Td (2,987)Tj /T1_0 1 Tf 7.107 0 Td (32,282)Tj 0 Tw -32.013 -1.231 Td (Exchange gain \(loss\), net)Tj /T1_1 1 Tf -0.025 Tw 24.906 0 Td (2,914)Tj /T1_0 1 Tf 6.199 0 Td (\(209,834\))Tj 0 Tw -31.105 -1.231 Td (Gain \(loss\) on commodity trading, net)Tj /T1_1 1 Tf -0.025 Tw 24.381 0 Td (29,297)Tj /T1_0 1 Tf 7.249 0 Td (\(33,544\))Tj 0 Tw -31.63 -1.231 Td (Management fee income)Tj /T1_1 1 Tf -0.025 Tw 24.381 0 Td (10,033)Tj /T1_0 1 Tf 8.157 0 Td (7,018)Tj 0 Tw -32.538 -1.231 Td (Gain on disposal of assets)Tj /T1_1 1 Tf -0.025 Tw 24.381 0 Td (20,524)Tj /T1_0 1 Tf 8.157 0 Td (1,030)Tj 0 Tw -32.538 -1.231 Td (Government subsidies)Tj /T1_1 1 Tf -0.025 Tw 24.381 0 Td (25,960)Tj /T1_0 1 Tf 7.632 0 Td (38,154)Tj -32.013 -1.231 Td (Others)Tj /T1_1 1 Tf 24.381 0 Td (83,757)Tj /T1_0 1 Tf 7.632 0 Td (49,367)Tj ET q 1 0 0 1 351.4961 478.1686 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 479.5696 Tm ( )Tj ET q 1 0 0 1 450.7086 478.1686 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 479.5696 Tm ( )Tj 0.025 Tc -0.025 Tw -27.692 -2.462 Td (Total)Tj /T1_1 1 Tf 23.856 0 Td (446,564)Tj /T1_0 1 Tf 8.157 0 Td (80,759)Tj ET 2.5 w q 1 0 0 1 351.4961 442.0051 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.4961 438.6726 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 439.9061 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7087 442.0051 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7087 438.6726 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 439.9061 Tm ( )Tj ET endstreamendobj91 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 12 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 85.0394 773.5878 Tm (Revenue from major services)Tj /T1_0 1 Tf 0.023 Tc 0 -2.462 Td [(A)0.5 (n)0.5 ( )0.5 (a)0.6 (n)0.5 (a)0.5 (l)0.5 (y)0.5 (s)0.5 (i)0.6 (s)0.5 ( )0.5 (o)0.5 (f)0.5 ( )0.5 (t)0.5 (h)0.5 (e)0.5 ( )0.6 (G)0.5 (r)0.5 (o)0.5 (u)0.5 (p)0.5 (\222)0.5 (s)0.6 ( )0.5 (r)0.5 (e)0.5 (v)0.5 (e)0.5 (n)0.6 (u)0.5 (e)0.5 (,)0.5 ( )0.5 (n)0.5 (e)0.5 (t)0.5 ( )0.6 (o)0.5 (f)0.5 ( )0.5 (d)0.5 (i)0.5 (s)0.5 (c)0.6 (o)0.5 (u)0.5 (n)0.5 (t)0.5 (s)0.5 ( )0.5 (a)0.5 (n)0.6 (d)0.5 ( )0.5 (t)0.5 (a)0.5 (x)0.5 (e)0.5 (s)0.6 (,)0.5 ( )0.5 (f)0.5 (o)0.5 (r)0.5 ( )0.5 (t)0.5 (h)0.6 (e)0.5 ( )0.5 (P)0.5 (e)0.5 (r)0.5 (i)0.5 (o)0.6 (d)0.5 ( )0.5 (i)0.5 (s)0.5 ( )0.5 (a)0.5 (s)-2 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (follows:)Tj /T1_1 1 Tf 0 Tw 22.016 -2.462 Td (For the six months ended )Tj 3.811 -1.231 Td (June 30,)Tj -0.025 Tw -0.646 -1.231 Td (2024)Tj /T1_0 1 Tf 7.632 0 Td (2023)Tj /T1_1 1 Tf 13 0 3.4833 13 384.8143 645.5878 Tm (Rmb\222000)Tj /T1_0 1 Tf 7.798 0 Td (Rmb\222000)Tj /T1_1 1 Tf 13 0 0 13 373.2787 629.5878 Tm (\(Unaudited\))Tj /T1_0 1 Tf 0 Tw 6.198 0 Td (\(Unaudited and )Tj -0.025 Tw 2.875 -1.231 Td (restated\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 351.4961 609.1777 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 610.5787 Tm ( )Tj ET q 1 0 0 1 450.7086 609.1777 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 610.5787 Tm ( )Tj 0.025 Tc -27.692 -2.462 Td (Toll operation revenue)Tj /T1_1 1 Tf -0.025 Tw 23.056 0 Td (5,112,572)Tj /T1_0 1 Tf 7.632 0 Td (5,004,028)Tj 0 Tw -30.688 -1.231 Td (Commission and fee income from securities )Tj -0.025 Tw 1.003 -1.231 Td (operation)Tj /T1_1 1 Tf 22.053 0 Td (1,609,014)Tj /T1_0 1 Tf 7.632 0 Td (1,976,906)Tj 0 Tw -30.688 -1.231 Td (Interest income from securities operation)Tj /T1_1 1 Tf -0.025 Tw 23.056 0 Td (1,196,922)Tj /T1_0 1 Tf 7.632 0 Td (1,184,455)Tj 0 Tw -30.688 -1.231 Td (Hotel and catering revenue)Tj /T1_1 1 Tf -0.025 Tw 24.381 0 Td (51,791)Tj /T1_0 1 Tf 7.632 0 Td (60,001)Tj 0 Tw -32.013 -1.231 Td (Construction service revenue)Tj /T1_1 1 Tf -0.025 Tw 23.856 0 Td (376,475)Tj /T1_0 1 Tf 0 Tc 0 Tw 10.532 0 Td (\226)Tj 0.025 Tc -34.388 -1.231 Td (PPP revenue)Tj /T1_1 1 Tf -0.025 Tw 24.381 0 Td (20,825)Tj /T1_0 1 Tf 7.632 0 Td (23,831)Tj ET q 1 0 0 1 351.496 478.1686 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 479.5696 Tm ( )Tj ET q 1 0 0 1 450.7086 478.1686 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0393 479.5696 Tm ( )Tj 0.025 Tc -0.025 Tw -27.692 -2.462 Td (Total)Tj /T1_1 1 Tf 23.056 0 Td (8,367,599)Tj /T1_0 1 Tf 7.632 0 Td (8,249,221)Tj ET 2.5 w q 1 0 0 1 351.496 442.0051 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.496 438.6726 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8267 439.9061 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7086 442.0051 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7086 438.6726 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0393 439.9061 Tm ( )Tj 0.025 Tc -0.025 Tw 11 0 2.9474 11 83.9104 411.5571 Tm (Note:)Tj 0 Tc 0 Tw 11 0 0 11 110.856 411.5571 Tm ( )Tj 0.024 Tc 0.23 0 Td [(The Group provides construction services to customers in the reconstruct\ion and expansion)-1 ( )]TJ 0.068 Tc 0.07 Tw 0 -1.273 Td [(p)0.5 (r)0.5 (o)0.5 (j)0.5 (ec)0.6 (ts)13 ( )0.5 (f)0.5 (o)0.5 (r)13 ( )0.5 (t)0.5 (he)13.1 ( J)0.5 (i)0.5 (n)0.5 (h)0.5 (u)0.5 (a)13 ( )0.5 (s)0.5 (e)0.5 (c)0.5 (t)0.5 (io)0.5 (n)13 ( )0.5 (o)0.5 (f)13 ( )0.5 (t)0.5 (he)13 ( )0.5 (N)0.5 (i)0.5 (n)0.5 (g)0.5 (b)0.5 (o)0.5 (-)0.5 (J)0.5 (in)0.5 (h)0.5 (u)0.5 (a)13 ( )0.5 (E)0.5 (x)0.5 (p)0.5 (r)0.5 (e)0.5 (s)0.5 (sw)0.5 (a)0.5 (y)13 ( )0.5 (a)0.5 (n)0.5 (d)13 ( )0.5 (t)0.5 (he)13 ( )0.5 (Z)0.5 (h)0.5 (a)0.5 (j)0.5 (i)0.5 (a)0.5 (s)0.5 (u)43 ( )]TJ 0.038 Tc 0 -1.273 Td [(Expressway.)12.8 ( Such)12.7 ( services)12.8 ( are)12.8 ( recognised)12.8 ( over)12.8 ( time)12.8 ( as)12.8 ( a)12.8 ( performance)12.8 ( obligation)12.8 ( in)12.8 ( the)13 ( )]TJ 0.025 Tc 0.006 Tw 0 -1.273 Td (course of the Group\222s construction and upgrading of the assets as if \they were construction )Tj 0.023 Tc 0 Tw 0 -1.273 Td [(and upgrading under the control of the customers. Revenue from such cons\truction services)-2 ( )]TJ 0.025 Tc 0 -1.273 Td (is recognised based on the stage of completion of the contract using the\ input method.)Tj ET endstreamendobj90 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 11 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 56.6929 773.5878 Tm [(4. )-1105.5 (REVENUE AND SEGMENT INFORMATION )]TJ 2.181 -2.462 Td (Segment revenue and results)Tj /T1_0 1 Tf 0.024 Tw 0 -2.462 Td (The following is an analysis of the Group\222s revenue and results by re\portable and )Tj 0 Tw 0 -1.231 Td (operating segments:)Tj /T1_1 1 Tf 0 -2.462 Td (For the six months ended June 30, 2024 \(Unaudited\))Tj -0.025 Tw 16.736 -2.462 Td (Toll )Tj -2.513 -1.231 Td (operation)Tj 5.371 1.231 Td (Securities )Tj 0.08 -1.231 Td (operation )Tj 6.693 0 Td (Others )Tj 6.142 0 Td (Total)Tj 13 0 3.4833 13 271.4285 597.5878 Tm (Rmb\222000)Tj 5.451 0 Td (Rmb\222000)Tj 5.451 0 Td (Rmb\222000)Tj 5.451 0 Td (Rmb\222000)Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 266.4566 593.1777 cm 0 0 m 59.528 0 l S Q BT 0 Tc 0 Tw 13 0 3.4833 13 260.7874 594.5787 Tm ( )Tj ET q 1 0 0 1 337.3228 593.1777 cm 0 0 m 59.528 0 l S Q BT 13 0 3.4833 13 331.6535 594.5787 Tm ( )Tj ET q 1 0 0 1 408.1889 593.1777 cm 0 0 m 59.528 0 l S Q BT 13 0 3.4833 13 402.5197 594.5787 Tm ( )Tj ET q 1 0 0 1 479.0551 593.1777 cm 0 0 m 59.528 0 l S Q BT 13 0 3.4833 13 473.3858 594.5787 Tm ( )Tj /T1_0 1 Tf 0.025 Tc 13 0 0 13 85.0393 562.5787 Tm (Revenue \226 external customers)Tj /T1_1 1 Tf -0.025 Tw 14.334 0 Td (5,112,572)Tj 5.451 0 Td (2,805,936)Tj 6.251 0 Td (449,091)Tj 4.651 0 Td (8,367,599)Tj ET 2.5 w q 1 0 0 1 266.4566 557.0142 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 266.4567 553.6816 cm 0 0 m 59.528 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 260.7874 554.9152 Tm ( )Tj ET 2.5 w q 1 0 0 1 337.3228 557.0142 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 337.3228 553.6816 cm 0 0 m 59.528 0 l S Q BT 13 0 0 13 331.6535 554.9152 Tm ( )Tj ET 2.5 w q 1 0 0 1 408.1889 557.0142 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 408.189 553.6816 cm 0 0 m 59.528 0 l S Q BT 13 0 0 13 402.5197 554.9152 Tm ( )Tj ET 2.5 w q 1 0 0 1 479.0551 557.0142 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 479.0551 553.6816 cm 0 0 m 59.528 0 l S Q BT 13 0 0 13 473.3858 554.9152 Tm ( )Tj /T1_0 1 Tf 0.025 Tc -29.873 -2.462 Td (Segment profit)Tj /T1_1 1 Tf -0.025 Tw 14.334 0 Td (2,125,371)Tj 6.251 0 Td (803,521)Tj 5.451 0 Td (414,914)Tj 4.651 0 Td (3,343,806)Tj ET 2.5 w q 1 0 0 1 266.4566 517.3506 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 266.4567 514.0181 cm 0 0 m 59.528 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 260.7874 515.2516 Tm ( )Tj ET 2.5 w q 1 0 0 1 337.3228 517.3506 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 337.3228 514.0181 cm 0 0 m 59.528 0 l S Q BT 13 0 0 13 331.6535 515.2516 Tm ( )Tj ET 2.5 w q 1 0 0 1 408.1889 517.3506 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 408.189 514.0181 cm 0 0 m 59.528 0 l S Q BT 13 0 0 13 402.5197 515.2516 Tm ( )Tj ET 2.5 w q 1 0 0 1 479.0551 517.3506 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 479.0551 514.0181 cm 0 0 m 59.528 0 l S Q BT 13 0 0 13 473.3858 515.2516 Tm ( )Tj /T1_0 1 Tf 0.025 Tc -29.873 -2.335 Td (For the six months ended June 30, 2023 \(Unaudited and restated\))Tj -0.025 Tw 16.792 -2.462 Td (Toll )Tj -2.235 -1.231 Td (operation)Tj 5.259 1.231 Td (Securities )Tj 0.192 -1.231 Td (operation)Tj 6.637 0 Td (Others)Tj 6.031 0 Td (Total)Tj 13 0 3.4833 13 273.5863 420.9025 Tm (Rmb\222000)Tj 5.451 0 Td (Rmb\222000)Tj 5.451 0 Td (Rmb\222000)Tj 5.451 0 Td (Rmb\222000)Tj ET 0.5 w q 1 0 0 1 266.4567 416.4924 cm 0 0 m 59.528 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 3.4833 13 260.7874 417.8934 Tm ( )Tj ET q 1 0 0 1 337.3228 416.4924 cm 0 0 m 59.528 0 l S Q BT 13 0 3.4833 13 331.6536 417.8934 Tm ( )Tj ET q 1 0 0 1 408.189 416.4924 cm 0 0 m 59.528 0 l S Q BT 13 0 3.4833 13 402.5197 417.8934 Tm ( )Tj ET q 1 0 0 1 479.0551 416.4924 cm 0 0 m 59.528 0 l S Q BT 13 0 3.4833 13 473.3859 417.8934 Tm ( )Tj /T1_0 1 Tf 0.025 Tc 13 0 0 13 85.0394 385.8934 Tm (Revenue \226 external customers)Tj -0.025 Tw 14.334 0 Td (5,004,028)Tj 5.451 0 Td (3,161,361)Tj 6.776 0 Td (83,832)Tj 4.126 0 Td (8,249,221)Tj ET 2.5 w q 1 0 0 1 266.4567 380.3289 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 266.4567 376.9964 cm 0 0 m 59.528 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 260.7874 378.2299 Tm ( )Tj ET 2.5 w q 1 0 0 1 337.3228 380.3289 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 337.3229 376.9964 cm 0 0 m 59.528 0 l S Q BT 13 0 0 13 331.6536 378.2299 Tm ( )Tj ET 2.5 w q 1 0 0 1 408.189 380.3289 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 408.189 376.9964 cm 0 0 m 59.528 0 l S Q BT 13 0 0 13 402.5197 378.2299 Tm ( )Tj ET 2.5 w q 1 0 0 1 479.0551 380.3289 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 479.0552 376.9964 cm 0 0 m 59.528 0 l S Q BT 13 0 0 13 473.3859 378.2299 Tm ( )Tj 0.025 Tc -29.873 -2.462 Td (Segment profit)Tj -0.025 Tw 14.334 0 Td (1,787,860)Tj 5.451 0 Td (1,022,513)Tj 6.251 0 Td (463,387)Tj 4.651 0 Td (3,273,760)Tj ET 2.5 w q 1 0 0 1 266.4567 340.6653 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 266.4567 337.3328 cm 0 0 m 59.528 0 l S Q BT 0 Tc 0 Tw 13 0 0 13 260.7874 338.5663 Tm ( )Tj ET 2.5 w q 1 0 0 1 337.3228 340.6653 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 337.3229 337.3328 cm 0 0 m 59.528 0 l S Q BT 13 0 0 13 331.6536 338.5663 Tm ( )Tj ET 2.5 w q 1 0 0 1 408.189 340.6653 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 408.189 337.3328 cm 0 0 m 59.528 0 l S Q BT 13 0 0 13 402.5197 338.5663 Tm ( )Tj ET 2.5 w q 1 0 0 1 479.0551 340.6653 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 479.0552 337.3328 cm 0 0 m 59.528 0 l S Q BT 13 0 0 13 473.3859 338.5663 Tm ( )Tj 0.028 Tc 0.08 Tw -29.873 -2.335 Td [(Segment)3 ( )0.5 (profit)3 ( )0.5 (represents)3 ( )0.5 (the)3 ( )0.5 (profit)3 ( after)3 ( )0.5 (tax)3 ( )0.5 (of)3 ( )0.5 (each)3 ( )0.5 (operating)3 ( )0.5 (segment.)3 ( )0.5 (This)3 ( )0.5 (is)3 ( )]TJ 0.038 Tc 0.07 Tw 0 -1.231 Td [(the)12.5 ( measure)12.5 ( reported)12.4 ( to)12.4 ( the)12.5 ( chief)12.4 ( operating)12.4 ( decision)12.4 ( maker)12.5 ( for)12.5 ( the)12.4 ( purposes)12.5 ( of)13 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (resource allocation and performance assessment.)Tj ET endstreamendobj10 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj11 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj12 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj13 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj23 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj99 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 281.8878 18.7502 Tm (\226 10 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT 0.061 Tc 0.07 Tw 13 0 0 13 85.0394 773.5878 Tm [(The)12.9 ( application)12.8 ( of)12.9 ( merger)12.8 ( accounting)12.9 ( in)12.8 ( respect)12.8 ( of)12.8 ( the)12.9 ( Group\222s)12.8 ( acquisition)36 ( )]TJ 0.043 Tc 0 -1.231 Td [(of)12.1 ( 1)12.1 (0)12.2 (0)12.1 (%)12.2 ( equity)12.1 ( interest)12.1 ( in)12.2 ( HuangQuNan)12.2 ( Co)12.2 ( resulted)12.1 ( in)12.2 ( a)12.1 ( decrease)12.2 ( in)12.1 ( the)12.1 ( t)9.6 (o)9.7 (t)9.6 (a)9.7 (l)28 ( )]TJ 0.015 Tc 0 Tw 0 -1.231 Td [(comprehensive income attributable to owners of the Company by R)-10 (m)-10 (b)]TJ 0.025 Tc -0.025 Tw 29.363 0 Td (104,604,000)Tj (, )Tj 0.052 Tc 0.07 Tw -29.363 -1.231 Td [(a)12.6 ( decrease)12.6 ( in)12.5 ( profit)12.5 ( for)12.5 ( the)12.5 ( period)12.6 ( attributable)12.5 ( to)12.5 ( owners)12.6 ( of)12.5 ( the)12.5 ( Company)12.5 ( by)27 ( )]TJ 0.024 Tc -0.024 Tw 0 -1.231 Td [(R)0.5 (m)0.5 (b)]TJ 2.016 0 Td [(1)0.5 (0)0.5 (4,)0.5 (6)0.5 (0)0.5 (4,)0.5 (0)0.5 (0)0.5 (0)]TJ 0 Tw 5.259 0 Td [( )0.5 (a)0.5 (n)0.5 (d )0.5 (a)0.5 ( )0.5 (d)0.5 (ec)0.5 (r)0.5 (e)0.5 (a)0.5 (s)0.5 (e)0.5 ( )0.5 (b)0.5 (y )0.5 (R)0.5 (m)0.5 (b)0.5 (5.)0.5 (1)0.5 (4)0.5 ( )0.5 (c)0.5 (en)0.5 (t)0.5 (s)0.5 ( )0.5 (in)0.5 ( )0.5 (b)0.5 (a)0.5 (s)0.5 (ic)0.5 ( )0.5 (e)0.5 (a)0.5 (r)0.5 (n)0.5 (i)0.5 (ng)0.5 (s)0.5 ( )0.5 (p)0.5 (er)0.5 ( )0.5 (s)0.5 (h)0.5 (a)0.5 (r)0.5 (e )0.5 (a)0.5 (n)0.5 (d)-1 ( )]TJ 0.025 Tc -0.025 Tw -7.274 -1.231 Td (Rmb)Tj (4.71)Tj 0 Tw ( cents in diluted earnings per share for the period ended June 30, 2023.\)Tj /T1_1 1 Tf -2.181 -2.462 Td [(3. )-1105.5 (PRINCIPAL ACCOUNTING POLICIES)]TJ /T1_0 1 Tf 0.057 Tc 0.07 Tw 2.181 -2.462 Td [(Th)0.5 (e)12.9 ( )0.5 (co)0.5 (nd)0.5 (en)0.5 (se)0.5 (d)12.9 ( c)0.5 (on)0.5 (so)0.5 (li)0.5 (dat)0.5 (e)0.5 (d)12.9 ( f)0.5 (in)0.5 (an)0.5 (cia)0.5 (l)12.9 ( )0.5 (st)0.5 (at)0.5 (em)0.5 (en)0.5 (ts)13 ( ha)0.5 (ve)13 ( b)0.5 (ee)0.5 (n)12.9 ( )0.5 (pr)0.5 (epa)0.5 (r)0.5 (ed)12.9 ( )0.5 (on)13 ( t)0.5 (he)32 ( )]TJ 0.025 Tc 0.074 Tw 0 -1.231 Td (historical cost basis except for certain financial instruments that are \measured at )Tj 0 Tw 0 -1.231 Td (fair value.)Tj 0.089 Tc 0.07 Tw 0 -2.462 Td [(Other)12.8 ( than)12.8 ( additional)12.8 ( accounting)12.8 ( policies)12.8 ( resulting)12.8 ( from)12.9 ( application)12.8 ( of)64 ( )]TJ 0.081 Tc 0 -1.231 Td [(a)0.5 (me)0.5 (nd)0.5 (me)0.5 (n)0.5 (ts)13 ( t)0.5 (o)12.9 ( )0.5 (H)0.5 (on)0.5 (g)12.9 ( )0.5 (Ko)0.5 (ng)13 ( F)0.5 (in)0.5 (a)0.5 (nc)0.5 (ia)0.5 (l)12.9 ( )0.5 (R)0.5 (ep)0.5 (or)0.5 (ti)0.5 (ng)13 ( )0.5 (St)0.5 (an)0.5 (da)0.5 (rd)0.5 (s)13 ( \()0.5 (\223)]TJ /T1_1 1 Tf -0.081 Tw [(H)0.5 (KF)0.5 (R)0.5 (Ss)]TJ /T1_0 1 Tf 33.7 0 Td [(\224)0.5 (\),)56 ( )]TJ 0.062 Tc 0.07 Tw -33.7 -1.231 Td [(the)13 ( acc)0.5 (ounti)0.5 (ng)12.9 ( pol)0.5 (icie)0.5 (s)12.9 ( an)0.5 (d)12.9 ( met)0.5 (hods)12.9 ( )0.5 (of)12.9 ( co)0.5 (mputa)0.5 (tion)12.9 ( u)0.5 (sed)12.9 ( )0.5 (in)12.9 ( the)13 ( con)0.5 (dens)0.5 (ed)37 ( )]TJ 0.025 Tc 0.06 Tw 0 -1.231 Td (consolidated financial statements for the six months ended June 30, 2024\ are the )Tj 0.031 Tc 0.077 Tw 0 -1.231 Td [(same)6 ( )0.5 (as)6 ( )0.5 (those)6 ( )0.5 (presented)6 ( )0.5 (in)6 ( )0.5 (the)6.1 ( )0.5 (Group\222s)6 ( )0.5 (annual)6 ( )0.6 (financial)6.1 ( )0.5 (statements)6 ( )0.5 (for)6 ( )0.6 (the)6 ( )0.5 (year)6.1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (ended December 31, 2023.)Tj /T1_1 1 Tf 0 -2.462 Td (Application of amendments to HKFRSs)Tj /T1_0 1 Tf 0.024 Tc 0 -2.462 Td [(In the Period, the Group has applied the following amendments to HKFRSs \issued)-1 ( )]TJ 0.025 Tc 0.028 Tw 0 -1.231 Td (by the HKICPA, for the first time, which are mandatorily effective for t\he annual )Tj 0.031 Tc 0.077 Tw 0 -1.231 Td [(p)0.6 (e)0.5 (r)0.6 (i)0.5 (o)0.6 (d)6 ( )0.5 (b)0.6 (e)0.5 (g)0.6 (i)0.5 (n)0.6 (n)0.5 (i)0.6 (n)0.5 (g)6 ( )0.5 (o)0.6 (n)6 ( )0.5 (o)0.6 (r)6 ( )0.5 (a)0.5 (f)0.6 (t)0.6 (e)0.5 (r)6 ( )0.5 (J)0.6 (a)0.6 (n)0.5 (u)0.6 (a)0.5 (r)0.6 (y)6 ( )0.5 (1)6 (,)6 ( )0.5 (2)6 (0)6 (2)6 (4)6.1 ( f)0.6 (o)0.6 (r)6 ( )0.5 (t)0.5 (h)0.6 (e)6 ( )0.5 (p)0.6 (r)0.5 (e)0.6 (p)0.5 (a)0.6 (r)0.6 (a)0.5 (t)0.6 (i)0.5 (o)0.6 (n)6 ( )0.5 (o)0.6 (f)6 ( )0.5 (t)0.5 (h)0.6 (e)6 ( )0.5 (G)0.6 (r)0.5 (o)0.6 (u)0.5 (p)0.6 (\222)0.5 (s)6.1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (consolidated financial statements:)Tj 0 -2.462 Td (Amendments to HKFRS )Tj -0.025 Tw (16)Tj 0 Tw 14.173 0 Td (Lease Liability in a Sale and Leaseback)Tj -14.173 -1.231 Td (Amendments to HKAS 1)Tj 14.173 0 Td (Classification of Liabilities as Current or )Tj 1.003 -1.231 Td (Non-current and Hong Kong Interpretation 5 )Tj -0.025 Tw 0 -1.231 Td (\(2020\))Tj 0 Tw -15.176 -1.231 Td (Amendments to HKAS 1)Tj 14.173 0 Td (Non-current Liabilities with Covenants)Tj -14.173 -1.231 Td (Amendments to HKAS 7 and )Tj 0 Tc ( )Tj 0.025 Tc 1.003 -1.231 Td (HKFRS 7)Tj 13.17 1.231 Td (Supplier Finance Arrangements)Tj 0.044 Tw -14.173 -3.565 Td (The application of the amendments to HKFRSs in the Period has had no mat\erial )Tj 0.04 Tc 0.07 Tw 0 -1.231 Td [(impact)12.8 ( on)12.8 ( the)12.8 ( Group\222s)12.9 ( financial)12.9 ( positions)12.9 ( and)12.8 ( performance)12.8 ( for)12.9 ( the)12.9 ( current)12.9 ( and)15 ( )]TJ 0.037 Tc 0.071 Tw 0 -1.231 Td [(prior)12 ( )0.5 (periods)12 ( )0.5 (and/or)12.1 ( )0.5 (on)12 ( )0.5 (the)12 ( )0.5 (disclosures)12 ( )0.5 (set)12 ( )0.5 (out)12 ( )0.5 (in)12 ( )0.5 (these)12 ( )0.5 (condensed)12 ( )0.5 (consolidated)12 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (financial statements.)Tj ET endstreamendobj98 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 285.0378 18.7502 Tm (\226 9 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf -0.025 Tw 13 0 0 13 56.6929 773.5878 Tm (NOTES:)Tj 0 Tw 0 -2.462 Td [(1. )-1105.5 (BASIS OF PREPARATION)]TJ /T1_0 1 Tf 0.086 Tc 0.07 Tw 2.181 -2.462 Td [(The)12.9 ( condensed)12.8 ( consolidated)12.9 ( financial)12.8 ( statements)12.9 ( have)12.9 ( been)12.8 ( prepared)12.8 ( in)61 ( )]TJ 0.09 Tc 0 -1.231 Td [(accordance)12.7 ( with)12.7 ( Hong)12.8 ( Kong)12.7 ( Accounting)12.7 ( Standard)12.8 ( 3)12.7 (4)12.8 ( Interim)12.8 ( Financial)65 ( )]TJ 0.025 Tc 0.02 Tw 0 -1.231 Td (Reporting issued by the Hong Kong Institute of Certified Public Accounta\nts \(the )Tj 0 Tc 0 Tw 0 -1.231 Td (\223)Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw 0.469 0 Td (HKICPA)Tj /T1_0 1 Tf 0.074 Tw (\224\) as well as with the applicable disclosure requirements of Appendi\x )Tj 0.039 Tc 0.07 Tw -0.469 -1.231 Td [(1)12.8 (6)12.7 ( to)12.8 ( the)12.8 ( Rules)12.7 ( Governing)12.8 ( the)12.7 ( Listing)12.8 ( of)12.8 ( Securities)12.8 ( on)12.8 ( The)12.8 ( Stock)12.7 ( Exchange)12.7 ( of)14 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Hong Kong Limited \(the \223)Tj /T1_1 1 Tf (Listing Rules)Tj /T1_0 1 Tf -0.025 Tw (\224\).)Tj /T1_1 1 Tf 0 Tw -2.181 -2.462 Td [(2. )-1105.5 (MERGER ACCOUNTING RESTATEMENT)]TJ /T1_0 1 Tf 0.044 Tc 0.07 Tw 2.181 -2.462 Td [(The)12.9 ( Group)12.9 ( accounts)13 ( for)12.9 ( all)12.9 ( its)12.9 ( business)12.8 ( combina)0.5 (tions)12.9 ( involving)12.9 ( entities)12.9 ( under)19 ( )]TJ 0.041 Tc 0 -1.231 Td [(common)12.4 ( control)12.4 ( using)12.4 ( the)12.4 ( principles)12.4 ( of)12.4 ( merger)12.4 ( accounting)12.4 ( in)12.4 ( accordance)12.4 ( with)15.9 ( )]TJ 0.044 Tc 0 -1.231 Td [(Accounting)12.7 ( Guideline)12.7 ( 5)12.6 ( \(\223)]TJ /T1_1 1 Tf 0.031 Tc 0.083 Tw [(A)-12.9 (G 5)]TJ /T1_0 1 Tf 0.044 Tc 0.07 Tw [(\224\))12.7 ( \223Merger)12.6 ( Accounting)12.6 ( for)12.6 ( Common)12.6 ( Control\224)19 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (issued by the Hong Kong Institute of Certified Public Accountants \(\223\)Tj /T1_1 1 Tf -0.025 Tw (HKICPA)Tj /T1_0 1 Tf (\224\).)Tj 0.091 Tc 0.07 Tw 0 -2.462 Td [(On)12.7 ( September)12.7 ( 2)12.7 (8)12.8 (,)12.6 ( 2)12.7 (0)12.7 (2)12.7 (3)12.7 (,)12.7 ( Zhejiang)12.8 ( LongLiLiLong)12.8 ( Expressway)12.7 ( Co.,)12.7 ( Ltd.)66 ( )]TJ 0.025 Tc -0.025 Tw 0 -1.231 Td (\(\223)Tj /T1_1 1 Tf 0.045 Tw (LongLiLiLong Co)Tj /T1_0 1 Tf (\224\), a wholly-owned subsidiary of the Company, entered into )Tj 0.036 Tc 0.072 Tw 0 -1.231 Td [(an)11 ( )0.5 (equity)11 ( )0.5 (purchase)11 ( )0.5 (agreement)11 ( \(\223)]TJ /T1_1 1 Tf [(HuangQuNan)11 ( )0.5 (Equity)11 ( )0.5 (Purchase)11 ( )0.5 (Agreement)]TJ /T1_0 1 Tf 0.025 Tc -0.025 Tw [(\224)-10.9 (\) )]TJ 0.052 Tc -0.052 Tw 0 -1.231 Td [(with)12.6 ( )]TJ 0.07 Tw 2.345 0 Td [(Zhejiang)12.6 ( Communications)12.6 ( Investment)12.6 ( Group)12.6 ( Co.,)12.6 ( Ltd.)]TJ 24.813 0 Td [( to)12.7 ( acquire)12.6 ( 1)12.7 (0)12.6 (0)12.6 (%)27 ( )]TJ 0.029 Tc 0.079 Tw -27.158 -1.231 Td [(equity)4 ( )0.5 (interest)4 ( )0.5 (in)4 ( )0.5 (Zhejiang)4 ( )0.5 (HuangQuNan)4 ( )0.5 (Expressway)3.9 ( )0.6 (Co.,)4 ( )0.5 (Ltd.)4 ( )0.6 (\(\223)]TJ /T1_1 1 Tf -0.029 Tw [(HuangQuNan)4 ( )]TJ 0.028 Tc -0.028 Tw 0 -1.231 Td (Co)Tj /T1_0 1 Tf 0.08 Tw [(\224\))3 ( )0.5 (at)3 ( )0.5 (a)3 ( )0.5 (cash)2.9 ( )0.6 (consideration)3 ( )0.5 (of)3 ( )0.5 (Rmb)3 (1)3 (6)3 (,)3 (7)3 (0)3 (0)3 (,)3 (0)3 (0)3 (0)3 (.)3 ( )0.5 (HuangQuNan)3 ( )0.5 (Co)3 ( )0.5 (is)3 ( )0.6 (principally)3 ( )]TJ 0.025 Tc 0.019 Tw 0 -1.231 Td (engaged in the operation and management of toll collection rights of the\ Zhejiang )Tj 0.013 Tw 0 -1.231 Td (Section of HuangQuNan Expressway located in Zhejiang Province, the PRC, \with )Tj 0.058 Tw 0 -1.231 Td (a total length of 161 kilometers. The acquisition has been approved by t\he board )Tj 0.037 Tc 0.071 Tw 0 -1.231 Td [(of)12 ( )0.5 (directors)12 ( )0.5 (on)12 ( )0.5 (September)12 ( )0.5 (7)12 (,)12 ( )0.5 (2)12 (0)12 (2)12 (3)12 (,)12 ( )0.5 (and)12 ( )0.5 (by)12 ( )0.5 (the)12 ( )0.6 (end)12 ( )0.5 (of)12 ( )0.5 (November,)12 ( )0.5 (HuangQuNan)12 ( )]TJ 0.069 Tc 0.07 Tw 0 -1.231 Td [(Co)12.3 ( became)12.3 ( an)12.4 ( indirect)12.3 ( subsidiary)12.3 ( of)12.3 ( the)12.3 ( Company)12.3 ( after)12.3 ( the)12.3 ( completion)12.3 ( of)44 ( )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(Articles)6 ( )0.5 (of)6 ( )0.5 (Association)6 ( )0.5 (revision)6 ( )0.5 (and)6 ( )0.5 (business)6 ( )0.5 (registration)6 ( )0.5 (modification)6 ( )0.5 (pursuant)6 ( )]TJ 0.039 Tc 0.07 Tw 0 -1.231 Td [(t)0.5 (o)13 ( )0.5 (H)0.5 (u)0.5 (a)0.6 (n)0.5 (g)0.5 (Q)0.5 (u)0.5 (N)0.5 (a)0.5 (n)13.1 ( )0.5 (E)0.5 (q)0.5 (u)0.5 (i)0.5 (t)0.5 (y)13 ( )0.5 (P)0.5 (u)0.5 (r)0.5 (c)0.5 (h)0.6 (a)0.5 (s)0.5 (e)13 ( )0.5 (A)0.5 (g)0.5 (r)0.6 (e)0.5 (e)0.5 (m)0.5 (e)0.5 (n)0.5 (t)0.5 (.)13 ( )0.5 (D)0.6 (u)0.5 (r)0.5 (i)0.5 (n)0.5 (g)13 ( )0.5 (t)0.5 (h)0.5 (e)13 ( )0.5 (P)0.5 (e)0.6 (r)0.5 (i)0.5 (o)0.5 (d)0.5 (,)13 ( )0.5 (H)0.5 (u)0.5 (a)0.5 (n)0.6 (g)0.5 (Q)0.5 (u)0.5 (N)0.5 (a)0.5 (n)14 ( )]TJ 0.025 Tc 0.079 Tw 0 -1.231 Td (Co has been merged by LongLiLiLong Co, and renamed to Zhejiang Longlilon\g )Tj 0 Tw 0 -1.231 Td (Highway Co., Ltd. Quzhou Branch)Tj 0 Tc (.)Tj 0.053 Tc 0.07 Tw 0 -2.462 Td [(Since)12.6 ( Communications)12.5 ( Group)12.6 ( is)12.6 ( the)12.5 ( direct)12.6 ( and)12.5 ( ultimate)12.6 ( holding)12.6 ( company)12.6 ( of)28 ( )]TJ 0.046 Tc 0 -1.231 Td [(t)0.5 (h)0.6 (e)13 ( )0.5 (C)0.6 (o)0.5 (m)0.5 (p)0.6 (a)0.5 (n)0.5 (y)0.6 (,)13 ( )0.5 (t)0.6 (h)0.5 (e)13 ( )0.6 (a)0.5 (b)0.5 (o)0.6 (v)0.5 (e)13 ( )0.6 (a)0.5 (c)0.6 (q)0.5 (u)0.5 (i)0.5 (s)0.6 (i)0.5 (t)0.5 (i)0.6 (o)0.5 (n)0.5 (s)13.1 ( )0.5 (w)0.6 (e)0.5 (r)0.5 (e)13.1 ( )0.5 (r)0.5 (e)0.6 (g)0.5 (a)0.6 (r)0.5 (d)0.5 (e)0.6 (d)13 ( )0.5 (a)0.6 (s)13 ( )0.6 (b)0.5 (u)0.5 (s)0.5 (i)0.6 (n)0.5 (e)0.5 (s)0.6 (s)13 ( )0.5 (c)0.6 (o)0.5 (m)0.6 (b)0.5 (i)0.5 (n)0.5 (a)0.6 (t)0.5 (i)0.5 (o)0.6 (n)0.5 (s)21 ( )]TJ 0.044 Tc 0 -1.231 Td [(involving)12.4 ( entities)12.5 ( under)12.4 ( common)12.5 ( control)12.5 ( and)12.4 ( were)12.5 ( accounted)12.4 ( for)12.5 ( using)12.5 ( AG)12.4 ( 5)12.4 (.)19 ( )]TJ 0.027 Tc 0.081 Tw 0 -1.231 Td [(As)2 ( )0.5 (a)2 ( result,)2 ( )0.5 (the)2 ( )0.5 (comparative)2 ( )0.5 (condensed)2 ( )0.5 (consolidated)1.9 ( )0.5 (statements)2 ( )0.5 (of)2 ( )0.5 (profit)2 ( )0.5 (or)2 ( )0.5 (loss)2 ( )]TJ 0.032 Tc 0.076 Tw 0 -1.231 Td [(and)7 ( )0.5 (other)7 ( )0.5 (comprehensive)7.1 ( )0.5 (income)7 ( )0.5 (and)7 ( )0.5 (condensed)7 ( )0.5 (consolidated)7 ( )0.5 (statement)7 ( )0.5 (of)6.9 ( )0.6 (cash)7 ( )]TJ 0.025 Tc 0.042 Tw 0 -1.231 Td (flows for the period ended June 30, 2023 have therefore been restated in\ order to )Tj 0.065 Tw 0 -1.231 Td (include the financial performance, assets and liabilities of the combini\ng entities )Tj 0 Tw 0 -1.231 Td (since the date on which they first come under common control.)Tj ET endstreamendobj97 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 285.0378 18.7502 Tm (\226 8 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 409.5485 770.8479 Tm (As at )Tj -1.437 -1.231 Td (June 30, )Tj -0.025 Tw 1.656 -1.231 Td (2024)Tj /T1_0 1 Tf 0 Tw 7.524 2.462 Td (As at )Tj -3.701 -1.231 Td (December 31,)Tj -0.025 Tw 3.809 -1.231 Td (2023)Tj 13 0 3.4833 13 307.4185 722.8479 Tm (Notes)Tj /T1_1 1 Tf 5.954 0 Td (Rmb\222000)Tj /T1_0 1 Tf 7.798 0 Td (Rmb\222000)Tj /T1_1 1 Tf 13 0 0 13 368.9498 706.8479 Tm (\(Unaudited\))Tj /T1_0 1 Tf 8.961 0 Td (\(Audited\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 351.496 702.4469 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 703.8479 Tm ( )Tj ET q 1 0 0 1 450.7086 702.4469 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 703.8479 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -29.873 -2.462 Td (NON-CURRENT LIABILITIES)Tj /T1_0 1 Tf 0 -1.231 Td (Bank and other borrowings)Tj /T1_1 1 Tf -0.025 Tw 24.712 0 Td (15,078,734)Tj /T1_0 1 Tf 7.632 0 Td (13,213,544)Tj 0 Tw -32.343 -1.231 Td (Bonds payable)Tj /T1_1 1 Tf -0.025 Tw 24.712 0 Td (21,929,689)Tj /T1_0 1 Tf 7.632 0 Td (23,610,144)Tj 0 Tw -32.343 -1.231 Td (Convertible bonds)Tj -0.025 Tw 20.093 0 Td (10)Tj /T1_1 1 Tf 5.144 0 Td (6,669,949)Tj /T1_0 1 Tf 7.632 0 Td (6,611,090)Tj 0 Tw -32.868 -1.231 Td (Deferred tax liabilities)Tj /T1_1 1 Tf -0.025 Tw 26.037 0 Td (489,327)Tj /T1_0 1 Tf 7.632 0 Td (260,060)Tj 0 Tw -33.668 -1.231 Td (Lease liabilities)Tj /T1_1 1 Tf -0.025 Tw 26.037 0 Td (297,156)Tj /T1_0 1 Tf 7.632 0 Td (327,516)Tj ET q 1 0 0 1 351.4959 587.4379 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8266 588.8389 Tm ( )Tj ET q 1 0 0 1 450.7085 587.4379 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0392 588.8389 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw -5.161 -2.462 Td (44,464,855)Tj /T1_0 1 Tf 7.632 0 Td (44,022,354)Tj ET q 1 0 0 1 351.4958 552.4288 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8266 553.8298 Tm ( )Tj ET q 1 0 0 1 450.7085 552.4288 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0392 553.8298 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw -5.161 -2.462 Td (61,768,407)Tj /T1_0 1 Tf 7.632 0 Td (60,405,113)Tj ET 2.5 w q 1 0 0 1 351.4958 516.2653 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.4958 512.9327 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8265 514.1663 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7084 516.2653 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7084 512.9327 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0391 514.1663 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -29.873 -2.462 Td (CAPITAL AND RESERVES)Tj /T1_0 1 Tf 0 -1.231 Td (Share capital)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (5,993,498)Tj /T1_0 1 Tf 7.632 0 Td (5,993,498)Tj -32.868 -1.231 Td (Reserves)Tj /T1_1 1 Tf 24.712 0 Td (34,781,458)Tj /T1_0 1 Tf 7.632 0 Td (33,798,718)Tj ET 0.5 w q 1 0 0 1 351.4957 445.7562 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8264 447.1572 Tm ( )Tj ET q 1 0 0 1 450.7083 445.7562 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.039 447.1572 Tm ( )Tj 0.025 Tc -29.873 -2.462 Td (Equity attributable to owners of the )Tj -0.025 Tw 1.003 -1.231 Td (Company)Tj /T1_1 1 Tf 23.709 0 Td (40,774,956)Tj /T1_0 1 Tf 7.632 0 Td (39,792,216)Tj 0 Tw -32.343 -1.231 Td (Non-controlling interests)Tj /T1_1 1 Tf -0.025 Tw 24.712 0 Td (20,993,451)Tj /T1_0 1 Tf 7.632 0 Td (20,612,897)Tj ET q 1 0 0 1 351.4956 378.7471 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8263 380.1481 Tm ( )Tj ET q 1 0 0 1 450.7082 378.7471 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0389 380.1481 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw -5.161 -2.462 Td (61,768,407)Tj /T1_0 1 Tf 7.632 0 Td (60,405,113)Tj ET 2.5 w q 1 0 0 1 351.4956 342.5836 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.4956 339.2511 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8263 340.4846 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7082 342.5836 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7082 339.2511 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0389 340.4846 Tm ( )Tj ET endstreamendobj96 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 285.0378 18.7502 Tm (\226 7 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 409.5485 770.8479 Tm (As at )Tj -1.437 -1.231 Td (June 30, )Tj -0.025 Tw 1.656 -1.231 Td (2024)Tj /T1_0 1 Tf 0 Tw 7.524 2.462 Td (As at )Tj -3.701 -1.231 Td (December 31,)Tj -0.025 Tw 3.809 -1.231 Td (2023)Tj 13 0 3.4833 13 307.4185 722.8479 Tm (Notes)Tj /T1_1 1 Tf 5.954 0 Td (Rmb\222000)Tj /T1_0 1 Tf 7.798 0 Td (Rmb\222000)Tj /T1_1 1 Tf 13 0 0 13 368.9498 706.8479 Tm (\(Unaudited\))Tj /T1_0 1 Tf 8.961 0 Td (\(Audited\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 351.496 702.4469 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 703.8479 Tm ( )Tj ET q 1 0 0 1 450.7086 702.4469 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 703.8479 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -29.873 -2.462 Td (CURRENT LIABILITIES)Tj /T1_0 1 Tf 0 -1.231 Td (Placements from other financial institutions)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (1,000,000)Tj /T1_0 1 Tf 7.632 0 Td (1,950,000)Tj 0 Tw -32.868 -1.231 Td (Accounts payable to customers arising from )Tj 1.003 -1.231 Td (securities business)Tj /T1_1 1 Tf -0.025 Tw 23.709 0 Td (39,543,771)Tj /T1_0 1 Tf 7.632 0 Td (44,803,323)Tj 0 Tw -32.343 -1.231 Td (Trade payables)Tj 0 Tc 20.356 0 Td (9)Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw 4.881 0 Td (1,149,855)Tj /T1_0 1 Tf 7.632 0 Td (1,265,174)Tj 0 Tw -32.868 -1.231 Td (Tax liabilities)Tj /T1_1 1 Tf -0.025 Tw 26.037 0 Td (522,659)Tj /T1_0 1 Tf 7.632 0 Td (654,107)Tj 0 Tw -33.668 -1.231 Td (Other taxes payable)Tj /T1_1 1 Tf -0.025 Tw 26.037 0 Td (175,537)Tj /T1_0 1 Tf 7.632 0 Td (232,461)Tj 0 Tw -33.668 -1.231 Td (Other payables and accruals)Tj /T1_1 1 Tf -0.025 Tw 24.712 0 Td (12,439,362)Tj /T1_0 1 Tf 7.632 0 Td (13,954,591)Tj 0 Tw -32.343 -1.231 Td (Dividends payable)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (2,567,960)Tj /T1_0 1 Tf 8.432 0 Td (168,573)Tj 0 Tw -33.668 -1.231 Td (Contract liabilities)Tj /T1_1 1 Tf -0.025 Tw 26.037 0 Td (175,964)Tj /T1_0 1 Tf 7.632 0 Td (104,000)Tj 0 Tw -33.668 -1.231 Td (Derivative financial liabilities)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (1,613,195)Tj /T1_0 1 Tf 8.432 0 Td (996,027)Tj 0 Tw -33.668 -1.231 Td (Bank and other borrowings)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (2,234,807)Tj /T1_0 1 Tf 7.632 0 Td (4,593,399)Tj 0 Tw -32.868 -1.231 Td (Short-term financing note payable)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (2,285,565)Tj /T1_0 1 Tf 7.632 0 Td (2,137,611)Tj 0 Tw -32.868 -1.231 Td (Bonds payable)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (6,877,400)Tj /T1_0 1 Tf 7.632 0 Td (5,404,107)Tj 0 Tw -32.868 -1.231 Td (Convertible bonds)Tj -0.025 Tw 20.093 0 Td (10)Tj /T1_1 1 Tf 5.944 0 Td (221,766)Tj /T1_0 1 Tf 6.832 0 Td (1,830,842)Tj 0 Tw -32.868 -1.231 Td (Financial assets sold under repurchase )Tj -0.025 Tw 1.003 -1.231 Td (agreements)Tj /T1_1 1 Tf 23.709 0 Td (20,225,873)Tj /T1_0 1 Tf 7.632 0 Td (24,592,145)Tj 0 Tw -32.343 -1.231 Td (Financial liabilities at FVTPL)Tj /T1_1 1 Tf -0.025 Tw 26.562 0 Td (85,460)Tj /T1_0 1 Tf 7.107 0 Td (472,061)Tj 0 Tw -33.668 -1.231 Td (Lease liabilities)Tj /T1_1 1 Tf -0.025 Tw 26.037 0 Td (156,289)Tj /T1_0 1 Tf 7.632 0 Td (147,914)Tj ET q 1 0 0 1 351.4959 379.4378 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8266 380.8388 Tm ( )Tj ET q 1 0 0 1 450.7085 379.4378 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0392 380.8388 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw -5.161 -2.462 Td (91,275,463)Tj /T1_0 1 Tf 7.107 0 Td (103,306,335)Tj ET q 1 0 0 1 351.4958 344.4288 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8266 345.8298 Tm ( )Tj ET q 1 0 0 1 450.7085 344.4288 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0392 345.8298 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -29.873 -2.462 Td (NET CURRENT ASSETS)Tj -0.025 Tw 24.712 0 Td (45,232,423)Tj /T1_0 1 Tf 7.632 0 Td (49,556,091)Tj ET q 1 0 0 1 351.4958 309.4197 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8265 310.8207 Tm ( )Tj ET q 1 0 0 1 450.7084 309.4197 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0391 310.8207 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -29.873 -2.462 Td (TOTAL ASSETS LESS CURRENT )Tj -0.025 Tw 1.003 -1.231 Td (LIABILITIES)Tj 23.184 0 Td (106,233,262)Tj /T1_0 1 Tf 7.632 0 Td (104,427,467)Tj ET q 1 0 0 1 351.4957 258.4106 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8264 259.8116 Tm ( )Tj ET q 1 0 0 1 450.7083 258.4106 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0391 259.8116 Tm ( )Tj ET endstreamendobj95 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 285.0378 18.7502 Tm (\226 6 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 409.5485 770.8479 Tm (As at )Tj -1.437 -1.231 Td (June 30, )Tj -0.025 Tw 1.656 -1.231 Td (2024)Tj /T1_0 1 Tf 0 Tw 7.524 2.462 Td (As at )Tj -3.701 -1.231 Td (December 31,)Tj -0.025 Tw 3.809 -1.231 Td (2023)Tj 13 0 3.4833 13 307.4185 722.8479 Tm (Notes)Tj /T1_1 1 Tf 5.954 0 Td (Rmb\222000)Tj /T1_0 1 Tf 7.798 0 Td (Rmb\222000)Tj /T1_1 1 Tf 13 0 0 13 368.9498 706.8479 Tm (\(Unaudited\))Tj /T1_0 1 Tf 8.961 0 Td (\(Audited\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 351.496 702.4469 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 703.8479 Tm ( )Tj ET q 1 0 0 1 450.7086 702.4469 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 703.8479 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -29.873 -2.462 Td (CURRENT ASSETS)Tj /T1_0 1 Tf -0.025 Tw 0 -1.231 Td (Inventories)Tj /T1_1 1 Tf 25.237 0 Td (1,171,307)Tj /T1_0 1 Tf 7.632 0 Td (1,306,370)Tj 0 Tw -32.868 -1.231 Td (Trade receivables)Tj 0 Tc 20.356 0 Td (8)Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw 4.881 0 Td (1,094,575)Tj /T1_0 1 Tf 8.432 0 Td (831,478)Tj 0 Tw -33.668 -1.231 Td (Loans to customers arising from margin )Tj 1.003 -1.231 Td (financing business)Tj /T1_1 1 Tf -0.025 Tw 23.709 0 Td (18,395,377)Tj /T1_0 1 Tf 7.632 0 Td (19,934,761)Tj 0 Tw -32.343 -1.231 Td (Other receivables and prepayments)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (8,265,389)Tj /T1_0 1 Tf 7.632 0 Td (5,990,540)Tj 0 Tw -32.868 -1.231 Td (Dividends receivable)Tj /T1_1 1 Tf 0 Tc 28.937 0 Td (\226)Tj /T1_0 1 Tf 0.025 Tc -0.025 Tw 5.782 0 Td (1,631)Tj 0 Tw -34.718 -1.231 Td (Derivative financial assets)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (2,357,975)Tj /T1_0 1 Tf 7.632 0 Td (1,279,110)Tj 0 Tw -32.868 -1.231 Td (Financial assets at FVTPL)Tj /T1_1 1 Tf -0.025 Tw 24.712 0 Td (34,435,258)Tj /T1_0 1 Tf 7.632 0 Td (41,729,113)Tj 0 Tw -32.343 -1.231 Td (Debt instruments at fair value through other )Tj 1.003 -1.231 Td (comprehensive income)Tj /T1_1 1 Tf -0.025 Tw 25.034 0 Td (529,120)Tj /T1_0 1 Tf 7.632 0 Td (445,173)Tj 0 Tw -33.668 -1.231 Td (Financial assets held under resale )Tj -0.025 Tw 1.003 -1.231 Td (agreements)Tj /T1_1 1 Tf 24.234 0 Td (6,573,353)Tj /T1_0 1 Tf 7.632 0 Td (7,729,402)Tj 0 Tw -32.868 -1.231 Td (Bank balances and clearing settlement fund )Tj 1.003 -1.231 Td (held on behalf of customers)Tj /T1_1 1 Tf -0.025 Tw 23.709 0 Td (39,726,799)Tj /T1_0 1 Tf 7.632 0 Td (45,415,217)Tj 0 Tw -32.343 -1.231 Td (Bank balances, cleaning settlement fund, )Tj 1.003 -1.231 Td (deposits and cash)Tj 0 -1.231 Td (\226 Restricted bank balances and cash)Tj /T1_1 1 Tf -0.025 Tw 25.559 0 Td (68,575)Tj /T1_0 1 Tf 7.107 0 Td (100,631)Tj 0 Tw -32.665 -1.231 Td (\226 Time deposits with original maturity )Tj 2.006 -1.231 Td (over three months)Tj /T1_1 1 Tf -0.025 Tw 22.228 0 Td (3,258,214)Tj /T1_0 1 Tf 7.632 0 Td (4,268,560)Tj 0 Tw -31.865 -1.231 Td (\226 Cash and cash equivalents)Tj /T1_1 1 Tf -0.025 Tw 23.709 0 Td (20,631,944)Tj /T1_0 1 Tf 7.632 0 Td (23,830,440)Tj ET q 1 0 0 1 351.4958 347.4378 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8266 348.8388 Tm ( )Tj ET q 1 0 0 1 450.7085 347.4378 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0392 348.8388 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw -5.686 -2.462 Td (136,507,886)Tj /T1_0 1 Tf 7.632 0 Td (152,862,426)Tj ET q 1 0 0 1 351.4958 312.4288 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8265 313.8298 Tm ( )Tj ET q 1 0 0 1 450.7084 312.4288 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0391 313.8298 Tm ( )Tj ET endstreamendobj5 0 obj</LastModified/NumberOfPageItemsInPage 1/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/Properties<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj6 0 obj</LastModified/NumberOfPageItemsInPage 1/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj7 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj8 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj9 0 obj</LastModified/NumberOfPageItemsInPage 2/NumberofPages 1/OriginalDocumentID/PageItemUIDToLocationDataMap<>/PageTransformationMatrixList<>/PageUIDList<>/PageWidthList<>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>>endobj108 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 285.0378 18.7502 Tm (\226 5 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 56.6929 773.5878 Tm (CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION)Tj 27.143 -2.462 Td (As at )Tj -1.437 -1.231 Td (June 30, )Tj -0.025 Tw 1.656 -1.231 Td (2024)Tj /T1_0 1 Tf 0 Tw 7.524 2.462 Td (As at )Tj -3.701 -1.231 Td (December 31,)Tj -0.025 Tw 3.809 -1.231 Td (2023)Tj 13 0 3.4833 13 307.4185 693.5878 Tm (Notes)Tj /T1_1 1 Tf 5.954 0 Td (Rmb\222000)Tj /T1_0 1 Tf 7.798 0 Td (Rmb\222000)Tj /T1_1 1 Tf 13 0 0 13 368.9498 677.5878 Tm (\(Unaudited\))Tj /T1_0 1 Tf 8.961 0 Td (\(Audited\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 351.496 673.1777 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 674.5787 Tm ( )Tj ET q 1 0 0 1 450.7086 673.1777 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 674.5787 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -29.873 -2.462 Td (NON-CURRENT ASSETS)Tj /T1_0 1 Tf 0 -1.231 Td (Property, plant and equipment)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (5,434,989)Tj /T1_0 1 Tf 7.632 0 Td (6,202,021)Tj 0 Tw -32.868 -1.231 Td (Right-of-use assets)Tj /T1_1 1 Tf -0.025 Tw 26.037 0 Td (869,235)Tj /T1_0 1 Tf 7.632 0 Td (934,837)Tj 0 Tw -33.668 -1.231 Td (Expressway operating rights)Tj /T1_1 1 Tf -0.025 Tw 24.712 0 Td (20,415,963)Tj /T1_0 1 Tf 7.632 0 Td (21,012,910)Tj -32.343 -1.231 Td (Goodwill)Tj /T1_1 1 Tf 26.562 0 Td (86,867)Tj /T1_0 1 Tf 7.632 0 Td (86,867)Tj 0 Tw -34.193 -1.231 Td (Other intangible assets)Tj /T1_1 1 Tf -0.025 Tw 26.037 0 Td (377,064)Tj /T1_0 1 Tf 7.632 0 Td (388,384)Tj 0 Tw -33.668 -1.231 Td (Interests in associates)Tj /T1_1 1 Tf -0.025 Tw 24.712 0 Td (11,889,346)Tj /T1_0 1 Tf 7.632 0 Td (11,491,055)Tj -32.343 -1.231 Td (Interests)Tj 0 Tw ( in joint ventures)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (2,086,260)Tj /T1_0 1 Tf 7.632 0 Td (1,497,891)Tj 0 Tw -32.868 -1.231 Td (Financial assets at fair value through profit )Tj 1.003 -1.231 Td (or loss \(\223)Tj /T1_1 1 Tf -0.025 Tw (FVTPL)Tj /T1_0 1 Tf (\224\))Tj /T1_1 1 Tf 25.034 0 Td (188,627)Tj /T1_0 1 Tf 7.632 0 Td (189,527)Tj 0 Tw -33.668 -1.231 Td (Equity instruments at fair value through )Tj 1.003 -1.231 Td (other comprehensive income)Tj /T1_1 1 Tf -0.025 Tw 25.034 0 Td (518,792)Tj /T1_0 1 Tf 0 Tc 0 Tw 10.532 0 Td (\226)Tj 0.025 Tc -36.568 -1.231 Td (Debt instruments at fair value through other )Tj 1.003 -1.231 Td (comprehensive income)Tj /T1_1 1 Tf -0.025 Tw 24.234 0 Td (9,836,109)Tj /T1_0 1 Tf 7.632 0 Td (7,718,725)Tj 0 Tw -32.868 -1.231 Td (Other receivables and prepayments)Tj /T1_1 1 Tf -0.025 Tw 26.037 0 Td (885,029)Tj /T1_0 1 Tf 7.632 0 Td (854,473)Tj 0 Tw -33.668 -1.231 Td (Deferred tax assets)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (1,403,967)Tj /T1_0 1 Tf 7.632 0 Td (1,446,067)Tj 0 Tw -32.868 -1.231 Td (Time deposits)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (7,008,591)Tj /T1_0 1 Tf 7.632 0 Td (3,048,619)Tj ET q 1 0 0 1 351.4959 382.1686 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8266 383.5696 Tm ( )Tj ET q 1 0 0 1 450.7085 382.1686 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0392 383.5696 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw -5.161 -2.462 Td (61,000,839)Tj /T1_0 1 Tf 7.632 0 Td (54,871,376)Tj ET q 1 0 0 1 351.4958 347.1596 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8266 348.5606 Tm ( )Tj ET q 1 0 0 1 450.7085 347.1596 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0392 348.5606 Tm ( )Tj ET endstreamendobj107 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 285.0378 18.7502 Tm (\226 4 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 371.2455 770.8479 Tm (For the six months ended )Tj 3.811 -1.231 Td (June 30,)Tj -0.025 Tw -0.646 -1.231 Td (2024)Tj /T1_0 1 Tf 7.632 0 Td (2023)Tj 13 0 3.4833 13 307.4185 722.8479 Tm (Notes)Tj /T1_1 1 Tf 5.954 0 Td (Rmb\222000)Tj /T1_0 1 Tf 7.798 0 Td (Rmb\222000)Tj /T1_1 1 Tf 13 0 0 13 368.9498 706.8479 Tm (\(Unaudited\))Tj /T1_0 1 Tf 0 Tw 6.531 0 Td (\(Unaudited and )Tj -0.025 Tw 2.541 -1.231 Td (Restated\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 351.4961 686.4469 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 687.8479 Tm ( )Tj ET q 1 0 0 1 450.7087 686.4469 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 687.8479 Tm ( )Tj 0.025 Tc -29.873 -2.462 Td (Profit for the Period attributable to:)Tj 1.003 -1.231 Td (Owners of the Company)Tj /T1_1 1 Tf -0.025 Tw 24.234 0 Td (2,680,010)Tj /T1_0 1 Tf 7.632 0 Td (2,558,492)Tj 0 Tw -31.865 -1.231 Td (Non-controlling interests)Tj /T1_1 1 Tf -0.025 Tw 25.034 0 Td (663,796)Tj /T1_0 1 Tf 7.632 0 Td (715,268)Tj ET q 1 0 0 1 351.496 619.4379 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8267 620.8389 Tm ( )Tj ET q 1 0 0 1 450.7086 619.4379 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0393 620.8389 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw -4.636 -2.462 Td (3,343,806)Tj /T1_0 1 Tf 7.632 0 Td (3,273,760)Tj ET 2.5 w q 1 0 0 1 351.4959 583.2743 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.4959 579.9418 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8266 581.1753 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7086 583.2743 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7086 579.9418 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0392 581.1753 Tm ( )Tj 0.025 Tc -29.873 -2.462 Td (Total comprehensive income attributable to:)Tj 1.003 -1.231 Td (Owners of the Company)Tj /T1_1 1 Tf -0.025 Tw 24.234 0 Td (2,779,243)Tj /T1_0 1 Tf 7.632 0 Td (2,642,756)Tj 0 Tw -31.865 -1.231 Td (Non-controlling interests)Tj /T1_1 1 Tf -0.025 Tw 25.034 0 Td (722,025)Tj /T1_0 1 Tf 7.632 0 Td (734,801)Tj ET 0.5 w q 1 0 0 1 351.4958 512.7653 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8265 514.1663 Tm ( )Tj ET q 1 0 0 1 450.7084 512.7653 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0391 514.1663 Tm ( )Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw -4.636 -2.462 Td (3,501,268)Tj /T1_0 1 Tf 7.632 0 Td (3,377,557)Tj ET 2.5 w q 1 0 0 1 351.4958 476.6017 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.4958 473.2692 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8264 474.5027 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7084 476.6017 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7084 473.2692 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0391 474.5027 Tm ( )Tj 0.025 Tc -29.873 -2.462 Td (Earnings per share)Tj 0 Tc 20.356 0 Td (7)Tj 0.025 Tc -0.025 Tw -19.353 -1.231 Td (Basic )Tj 0 Tw 13 0 3.4833 13 102.4831 426.5027 Tm (\(Rmb cents\))Tj /T1_1 1 Tf -0.025 Tw 13 0 0 13 408.8196 426.5027 Tm (44.72)Tj /T1_0 1 Tf 7.632 0 Td (56.18)Tj ET 2.5 w q 1 0 0 1 351.4956 420.9381 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.4956 417.6057 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8263 418.8391 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7083 420.9381 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7083 417.6057 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0389 418.8391 Tm ( )Tj 0.025 Tc -0.025 Tw -28.87 -2.462 Td (Diluted )Tj 0 Tw 13 0 3.4833 13 113.2473 386.8392 Tm (\(Rmb cents\))Tj /T1_1 1 Tf -0.025 Tw 13 0 0 13 408.8196 386.8392 Tm (44.04)Tj /T1_0 1 Tf 7.632 0 Td (53.96)Tj ET 2.5 w q 1 0 0 1 351.4956 381.2746 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.4956 377.9421 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8263 379.1756 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7082 381.2746 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7082 377.9421 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0389 379.1756 Tm ( )Tj ET endstreamendobj106 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 285.0378 18.7502 Tm (\226 3 \226)Tj ET q 0 Tc 0 g /GS1 gs 0 TL/Fm0 Do Q BT /T1_1 1 Tf 13 0 0 13 371.2455 770.8479 Tm (For the six months ended )Tj 3.811 -1.231 Td (June 30,)Tj -0.025 Tw -0.646 -1.231 Td (2024)Tj /T1_0 1 Tf 7.632 0 Td (2023)Tj 13 0 3.4833 13 307.4185 722.8479 Tm (Notes)Tj /T1_1 1 Tf 5.954 0 Td (Rmb\222000)Tj /T1_0 1 Tf 7.798 0 Td (Rmb\222000)Tj /T1_1 1 Tf 13 0 0 13 368.9498 706.8479 Tm (\(Unaudited\))Tj /T1_0 1 Tf 0 Tw 6.531 0 Td (\(Unaudited and )Tj -0.025 Tw 2.541 -1.231 Td (Restated\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 351.4961 686.4469 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 687.8479 Tm ( )Tj ET q 1 0 0 1 450.7087 686.4469 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 687.8479 Tm ( )Tj 0.025 Tc -29.873 -2.462 Td (Other comprehensive income)Tj 0 -1.231 Td (Items that may be reclassified subsequently )Tj 1.003 -1.231 Td (to profit or loss:)Tj -1.003 -1.231 Td (Fair value gain on equity and debt )Tj 1.003 -1.231 Td (instruments measured at fair value )Tj 0 -1.231 Td (through other comprehensive income)Tj /T1_1 1 Tf -0.025 Tw 25.034 0 Td (125,587)Tj /T1_0 1 Tf 8.157 0 Td (31,997)Tj 0 Tw -34.193 -1.231 Td (Impairment loss for debt instruments at )Tj 1.003 -1.231 Td (fair value through other comprehensive )Tj -0.025 Tw 0 -1.231 Td (income)Tj /T1_1 1 Tf 26.084 0 Td (1,402)Tj /T1_0 1 Tf 8.432 0 Td (215)Tj 0 Tw -35.518 -1.231 Td [(In)0.5 (c)0.5 (om)0.5 (e )0.5 (ta)0.5 (x )0.5 (im)0.5 (pa)0.5 (ct)0.5 ( r)0.5 (e)0.5 (la)0.5 (ti)0.5 (ng)0.5 ( t)0.5 (o )0.5 (ite)0.5 (ms)0.5 ( )0.5 (th)0.5 (at)0.5 ( m)0.5 (ay )]TJ 1.003 -1.231 Td (be reclassified subsequently to profit or )Tj -0.025 Tw 0 -1.231 Td (loss)Tj /T1_1 1 Tf 25.176 0 Td (\(31,747\))Tj /T1_0 1 Tf 8.157 0 Td (\(8,053\))Tj 0 Tw -34.335 -1.231 Td (Exchange differences on translation of )Tj 1.003 -1.231 Td (financial statements of foreign operations)Tj /T1_1 1 Tf -0.025 Tw 26.084 0 Td (2,268)Tj /T1_0 1 Tf 7.632 0 Td (8,502)Tj 0 Tw -34.718 -1.231 Td (Share of other comprehensive income of an )Tj 1.003 -1.231 Td (associate, net of related income tax)Tj /T1_1 1 Tf -0.025 Tw 25.559 0 Td (59,952)Tj /T1_0 1 Tf 7.632 0 Td (71,136)Tj ET q 1 0 0 1 351.4959 411.4378 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8266 412.8388 Tm ( )Tj ET q 1 0 0 1 450.7085 411.4378 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0392 412.8388 Tm ( )Tj 0.025 Tc -29.873 -2.462 Td (Other comprehensive income for the Period, )Tj 1.003 -1.231 Td (net of income tax)Tj /T1_1 1 Tf -0.025 Tw 25.034 0 Td (157,462)Tj /T1_0 1 Tf 7.632 0 Td (103,797)Tj ET q 1 0 0 1 351.4958 360.4288 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8266 361.8298 Tm ( )Tj ET q 1 0 0 1 450.7085 360.4288 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0392 361.8298 Tm ( )Tj 0.025 Tc -29.873 -2.462 Td (Total comprehensive income for the Period)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (3,501,268)Tj /T1_0 1 Tf 7.632 0 Td (3,377,557)Tj ET 2.5 w q 1 0 0 1 351.4958 324.2652 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 351.4958 320.9327 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8265 322.1662 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7084 324.2652 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 450.7084 320.9327 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0391 322.1662 Tm ( )Tj ET endstreamendobj105 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 285.0378 18.7502 Tm (\226 2 \226)Tj /T1_1 1 Tf 0.054 Tc 0.07 Tw 13 0 0 13 56.6929 773.5878 Tm [(CONDENSED)12.6 ( CONSOLIDATED)12.6 ( STATEMENT)12.6 ( OF)12.6 ( PROFIT)12.6 ( OR)12.6 ( LOSS)12.6 ( AND)29.1 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (OTHER COMPREHENSIVE INCOME)Tj 24.196 -2.462 Td (For the six months ended )Tj 3.811 -1.231 Td (June 30,)Tj -0.025 Tw -0.646 -1.231 Td (2024)Tj /T1_0 1 Tf 7.632 0 Td (2023)Tj 13 0 3.4833 13 307.4185 677.5878 Tm (Notes)Tj /T1_1 1 Tf 5.954 0 Td (Rmb\222000)Tj /T1_0 1 Tf 7.798 0 Td (Rmb\222000)Tj /T1_1 1 Tf 13 0 0 13 368.9498 661.5878 Tm (\(Unaudited\))Tj /T1_0 1 Tf 0 Tw 6.531 0 Td (\(Unaudited and )Tj -0.025 Tw 2.541 -1.231 Td (Restated\))Tj ET 0 0 0 1 K 0.5 w q 1 0 0 1 351.4961 641.1777 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 642.5787 Tm ( )Tj ET q 1 0 0 1 450.7087 641.1777 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 642.5787 Tm ( )Tj 0.025 Tc -0.025 Tw -29.873 -2.462 Td (Revenue)Tj 0 Tc 0 Tw 20.356 0 Td (4)Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw 4.881 0 Td (8,367,599)Tj /T1_0 1 Tf 7.632 0 Td (8,249,221)Tj 0 Tw -31.865 -1.231 Td (Including: Interest income under effective )Tj 1.003 -1.231 Td (interest method)Tj /T1_1 1 Tf -0.025 Tw 23.231 0 Td (1,196,922)Tj /T1_0 1 Tf 7.632 0 Td (1,184,455)Tj 0 Tw -32.868 -1.231 Td (Operating costs)Tj /T1_1 1 Tf -0.025 Tw 24.854 0 Td (\(4,681,165\))Tj /T1_0 1 Tf 7.632 0 Td (\(4,784,670\))Tj ET q 1 0 0 1 351.496 558.1686 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8268 559.5696 Tm ( )Tj ET q 1 0 0 1 450.7086 558.1686 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0394 559.5696 Tm ( )Tj 0.025 Tc -29.873 -2.462 Td (Gross profit)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (3,686,434)Tj /T1_0 1 Tf 7.632 0 Td (3,464,551)Tj 0 Tw -32.868 -1.231 Td (Securities investment gains)Tj /T1_1 1 Tf -0.025 Tw 26.037 0 Td (574,768)Tj /T1_0 1 Tf 7.632 0 Td (885,857)Tj 0 Tw -33.668 -1.231 Td (Other income and gains and losses)Tj 0 Tc 20.356 0 Td (5)Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw 5.681 0 Td (446,564)Tj /T1_0 1 Tf 8.157 0 Td (80,759)Tj 0 Tw -34.193 -1.231 Td (Administrative expenses)Tj /T1_1 1 Tf -0.025 Tw 26.179 0 Td (\(57,646\))Tj /T1_0 1 Tf 7.632 0 Td (\(65,315\))Tj 0 Tw -33.81 -1.231 Td (Other expenses)Tj /T1_1 1 Tf -0.025 Tw 26.179 0 Td (\(64,638\))Tj /T1_0 1 Tf 7.632 0 Td (\(43,829\))Tj 0.023 Tc 0 Tw -33.81 -1.231 Td [(Impairment losses under expected credit loss)-1.9 ( )]TJ 0.025 Tc 1.003 -1.231 Td (model, net of reversal)Tj /T1_1 1 Tf -0.025 Tw 25.176 0 Td (\(29,664\))Tj /T1_0 1 Tf 7.632 0 Td (\(60,415\))Tj 0 Tw -33.81 -1.231 Td (Share of profit of associates)Tj /T1_1 1 Tf -0.025 Tw 26.037 0 Td (505,922)Tj /T1_0 1 Tf 7.632 0 Td (577,254)Tj 0 Tw -33.668 -1.231 Td (Share of profit of joint ventures)Tj /T1_1 1 Tf -0.025 Tw 27.087 0 Td (3,969)Tj /T1_0 1 Tf 7.107 0 Td (32,876)Tj 0 Tw -34.193 -1.231 Td (Finance costs)Tj /T1_1 1 Tf -0.025 Tw 25.654 0 Td (\(909,955\))Tj /T1_0 1 Tf 7.632 0 Td (\(972,072\))Tj ET q 1 0 0 1 351.496 379.1596 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8267 380.5606 Tm ( )Tj ET q 1 0 0 1 450.7086 379.1596 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0393 380.5606 Tm ( )Tj 0.025 Tc -29.873 -2.462 Td (Profit before tax)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (4,155,754)Tj /T1_0 1 Tf 7.632 0 Td (3,899,666)Tj 0 Tw -32.868 -1.231 Td (Income tax expense)Tj 0 Tc 20.356 0 Td (6)Tj /T1_1 1 Tf 0.025 Tc -0.025 Tw 5.298 0 Td (\(811,948\))Tj /T1_0 1 Tf 7.632 0 Td (\(625,906\))Tj ET q 1 0 0 1 351.4959 328.1505 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8266 329.5515 Tm ( )Tj ET q 1 0 0 1 450.7085 328.1505 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0392 329.5515 Tm ( )Tj 0.025 Tc -29.873 -2.462 Td (Profit for the Period)Tj /T1_1 1 Tf -0.025 Tw 25.237 0 Td (3,343,806)Tj /T1_0 1 Tf 7.632 0 Td (3,273,760)Tj ET q 1 0 0 1 351.4958 293.1415 cm 0 0 m 87.874 0 l S Q BT /T1_1 1 Tf 0 Tc 0 Tw 13 0 0 13 345.8266 294.5425 Tm ( )Tj ET q 1 0 0 1 450.7085 293.1415 cm 0 0 m 87.874 0 l S Q BT /T1_0 1 Tf 13 0 0 13 445.0392 294.5425 Tm ( )Tj ET endstreamendobj100 0 obj<>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.025 Tc 12 0 0 12 285.0378 18.7502 Tm (\226 1 \226)Tj 0.065 Tw 13 0 3.4833 13 55.3588 776.3179 Tm (Hong Kong Stock Exchanges and Clearing Limited and The Stock Exchange of\ Hong )Tj 0.03 Tc 0.078 Tw 0.33 -1.231 Td [(Kong)5 ( )0.5 (Limited)5 ( )0.5 (take)5 ( )0.5 (no)5 ( )0.5 (responsibility)5 ( )0.5 (for)5 ( )0.5 (the)5 ( )0.5 (contents)5 ( )0.5 (of)5 ( )0.6 (this)5 ( )0.5 (announcement,)5 ( )0.5 (make)5 ( )0.5 (no)5 ( )]TJ 0.027 Tc 0.081 Tw 0.33 -1.231 Td [(representation)2 ( )0.5 (as)2 ( )0.5 (to)2 ( )0.5 (its)2 ( )0.5 (accuracy)2 ( )0.5 (or)2 ( )0.5 (completeness)2 ( )0.5 (and)1.9 ( )0.5 (expressly)2 ( )0.5 (disclaim)2 ( any)2 ( )0.5 (liability)2 ( )]TJ 0.025 Tc 0.077 Tw 0.33 -1.231 Td (whatsoever for any loss howsoever arising from or in reliance upon the w\hole or any )Tj 0 Tw 0.33 -1.231 Td (part of the contents of this announcement.)Tj 0 Tc 13 0 0 13 56.6929 696.3179 Tm ( )Tj ET /PlacedPDF /MC0 BDC q 77.489 603.412 440.297 93.166 re W n /CS0 cs 1 scn /GS1 gs q 1 0 0 1 166.1255 640.3079 cm 0 0 m 33.501 0 l 33.501 53.021 l 14.851 45.424 3.162 20.82 0 0 c f Q 0.4 scn q 1 0 0 1 199.627 696.472 cm 0 0 m 0 0.106 l -56.185 0.106 l -56.185 -45.586 l -46.855 -27.62 -24.562 -5.633 0 0 c f Q 1 scn q 1 0 0 1 150.668 640.3079 cm 0 0 m 2.725 0 l 6.903 22.38 28.855 48.883 48.959 54.305 c 48.959 54.694 l 28.298 49.144 4.291 22.956 0 0 c f Q 0 0 0 1 k q 1 0 0 1 212.6607 655.0662 cm 0 0 m -6.571 -11.365 l -2.185 -11.365 l -2.594 -13.956 l -10.997 -13.956 l -4.555 -2.591 l -8.608 -2.591 l -8.199 0 l h f Q q 1 0 0 1 217.232 655.0662 cm 0 0 m -0.863 -5.46 l 1.932 -5.46 l 2.795 0 l 5.553 0 l 3.346 -13.956 l 0.589 -13.956 l 1.522 -8.051 l -1.272 -8.051 l -2.205 -13.956 l -4.964 -13.956 l -2.757 0 l h f Q q 1 0 0 1 230.8565 655.0662 cm 0 0 m -0.409 -2.591 l -3.205 -2.591 l -3.684 -5.626 l -1.223 -5.626 l -1.632 -8.218 l -4.094 -8.218 l -4.591 -11.365 l -1.759 -11.365 l -2.168 -13.956 l -7.758 -13.956 l -5.553 0 l h f Q q 1 0 0 1 236.2676 645.6283 cm 0 0 m -0.182 -1.147 -0.619 -4.738 -4.08 -4.738 c -4.766 -4.738 -5.543 -4.627 -6.086 -4.313 c -5.65 -1.555 l -5.388 -1.999 -4.903 -2.333 -4.33 -2.333 c -3.034 -2.333 -2.904 -0.927 -2.757 0 c -1.266 9.439 l 1.492 9.439 l 0 0 l f Q q 1 0 0 1 242.9405 655.0662 cm 0 0 m -2.206 -13.956 l -4.964 -13.956 l -2.757 0 l h f Q q 1 0 0 1 250.7686 655.0662 cm 0 0 m 1.144 -13.956 l -1.798 -13.956 l -1.945 -11.605 l -4.74 -11.605 l -5.612 -13.956 l -8.351 -13.956 l -2.905 0 l h -2.123 -5.701 m -2.104 -3.591 l -2.14 -3.591 l -2.77 -5.701 l -3.951 -9.42 l -2.007 -9.42 l h f Q q 1 0 0 1 258.4317 655.0662 cm 0 0 m 2.112 -8.421 l 2.154 -8.384 l 2.093 -7.717 2.152 -6.996 2.267 -6.275 c 3.257 0 l 6.016 0 l 3.81 -13.956 l 1.2 -13.956 l -0.874 -5.535 l -0.917 -5.57 l -1.011 -6.978 l -1.082 -7.551 l -2.094 -13.956 l -4.852 -13.956 l -2.647 0 l 0 0 l f Q q 1 0 0 1 274.9297 648.8851 cm 0 0 m -0.172 -1.092 l -0.64 -4.054 -1.986 -7.995 -5.743 -7.995 c -9.501 -7.995 -10.084 -3.962 -9.595 -0.87 c -9.086 2.35 -7.41 6.403 -3.467 6.403 c -1.338 6.403 -0.161 5.07 0.118 3.091 c -2.729 2.054 l -2.749 2.757 -2.797 3.85 -3.852 3.85 c -5.704 3.96 -6.433 0.518 -6.642 -0.797 c -6.869 -2.24 -7.283 -5.442 -5.247 -5.442 c -3.84 -5.442 -3.319 -3.554 -3.167 -2.593 c -4.926 -2.593 l -4.516 0 l 0 0 l f Q q 1 0 0 1 288.5699 655.0662 cm 0 0 m -0.409 -2.591 l -3.205 -2.591 l -3.685 -5.626 l -1.223 -5.626 l -1.632 -8.218 l -4.094 -8.218 l -4.591 -11.365 l -1.759 -11.365 l -2.169 -13.956 l -7.758 -13.956 l -5.553 0 l h f Q q 1 0 0 1 293.3623 655.0662 cm 0 0 m 0.489 -1.943 l 0.621 -2.628 0.784 -3.351 0.818 -4.072 c 0.855 -4.072 l 1.118 -3.351 1.451 -2.646 1.821 -1.943 c 2.961 0 l 5.941 0 l 1.894 -6.756 l 3.957 -13.956 l 0.756 -13.956 l 0.219 -11.734 l 0.07 -11.031 0.013 -10.346 -0.062 -9.643 c -0.099 -9.643 l -0.413 -10.346 -0.688 -11.031 -1.04 -11.734 c -2.205 -13.956 l -5.315 -13.956 l -1.216 -6.756 l -3.109 0 l 0 0 l f Q q 1 0 0 1 299.2657 641.1107 cm 0 0 m 2.206 13.956 l 5.073 13.956 l 5.667 13.956 9.871 14.326 9.161 9.828 c 8.747 7.219 6.826 5.72 4.272 5.72 c 3.667 5.756 l 2.757 0 l h 4.021 7.996 m 5.346 7.941 6.184 8.44 6.408 9.865 c 6.566 10.865 6.307 11.679 5.122 11.679 c 4.604 11.679 l 4.021 7.996 l f Q q 1 0 0 1 308.833 641.1107 cm 0 0 m 2.206 13.956 l 4.982 13.956 l 6.741 13.956 9.857 13.771 9.256 9.958 c 9.013 8.421 8.193 7.107 6.704 6.349 c 8.126 0 l 5.22 0 l 3.813 6.44 l 3.775 6.44 l 2.758 0 l h 4.017 7.959 m 4.494 7.941 l 5.754 7.941 6.388 8.792 6.568 9.939 c 6.727 10.939 6.374 11.754 4.975 11.679 c 4.604 11.679 l 4.017 7.959 l f Q q 1 0 0 1 326.9561 655.0662 cm 0 0 m -0.409 -2.591 l -3.204 -2.591 l -3.684 -5.626 l -1.222 -5.626 l -1.632 -8.218 l -4.093 -8.218 l -4.59 -11.365 l -1.759 -11.365 l -2.168 -13.956 l -7.758 -13.956 l -5.552 0 l h f Q q 1 0 0 1 334.4541 651.9202 cm 0 0 m -0.479 0.48 -1.1 0.888 -1.859 0.888 c -2.71 0.888 -3.328 0.371 -3.462 -0.481 c -3.826 -2.775 0.355 -2.905 -0.241 -6.682 c -0.634 -9.162 -2.354 -11.03 -4.945 -11.03 c -5.723 -11.03 -6.647 -10.79 -7.204 -10.327 c -6.787 -7.699 l -6.21 -8.145 -5.628 -8.44 -4.813 -8.44 c -3.926 -8.44 -3.128 -7.847 -2.981 -6.922 c -2.812 -5.849 -3.599 -5.441 -4.288 -4.886 c -5.711 -3.813 -6.527 -2.775 -6.206 -0.74 c -5.857 1.462 -4.279 3.368 -1.91 3.368 c -1.021 3.368 -0.264 3.128 0.425 2.684 c 0 0 l f Q q 1 0 0 1 343.1553 651.9202 cm 0 0 m -0.479 0.48 -1.1 0.888 -1.859 0.888 c -2.71 0.888 -3.328 0.371 -3.463 -0.481 c -3.827 -2.775 0.354 -2.905 -0.242 -6.682 c -0.635 -9.162 -2.354 -11.03 -4.946 -11.03 c -5.723 -11.03 -6.647 -10.79 -7.204 -10.327 c -6.788 -7.699 l -6.211 -8.145 -5.629 -8.44 -4.813 -8.44 c -3.926 -8.44 -3.129 -7.847 -2.982 -6.922 c -2.812 -5.849 -3.6 -5.441 -4.289 -4.886 c -5.712 -3.813 -6.527 -2.775 -6.207 -0.74 c -5.858 1.462 -4.279 3.368 -1.911 3.368 c -1.022 3.368 -0.265 3.128 0.424 2.684 c 0 0 l f Q q 1 0 0 1 348.5948 655.0662 cm 0 0 m 0.132 -6.663 l 0.144 -7.644 0.022 -8.644 -0.041 -9.625 c -0.003 -9.625 l 0.282 -8.644 0.514 -7.644 0.873 -6.663 c 3.313 0 l 5.498 0 l 5.754 -9.625 l 5.791 -9.625 l 6.038 -8.644 6.208 -7.681 6.531 -6.7 c 8.682 0 l 11.569 0 l 6.475 -13.956 l 4.088 -13.956 l 3.827 -6.588 l 3.869 -5.738 3.837 -4.886 3.842 -4.035 c 3.805 -4.035 l 3.522 -4.886 3.296 -5.738 2.958 -6.588 c 0.201 -13.956 l -2.204 -13.956 l -2.813 0 l 0 0 l f Q q 1 0 0 1 367.1641 655.0662 cm 0 0 m 1.144 -13.956 l -1.798 -13.956 l -1.945 -11.605 l -4.741 -11.605 l -5.612 -13.956 l -8.351 -13.956 l -2.906 0 l h -2.123 -5.701 m -2.104 -3.591 l -2.141 -3.591 l -2.771 -5.701 l -3.952 -9.42 l -2.007 -9.42 l h f Q q 1 0 0 1 374.3077 655.0662 cm 0 0 m 0.844 -3.794 l 0.939 -4.479 l 0.976 -4.479 l 1.454 -3.443 l 3.239 0 l 6.329 0 l 1.923 -7.274 l 0.867 -13.956 l -1.892 -13.956 l -0.836 -7.274 l -3.035 0 l h f Q q 1 0 0 1 404.4678 648.0882 cm 0 0 m -0.828 -5.236 -3.582 -7.198 -6.043 -7.198 c -8.505 -7.198 -10.637 -5.236 -9.81 0 c -8.982 5.239 -6.229 7.2 -3.768 7.2 c -1.305 7.2 0.828 5.239 0 0 c -5.639 -4.646 m -3.808 -4.646 -3.119 -1.109 -2.944 0 c -2.747 1.24 -2.339 4.647 -4.171 4.647 c -6.004 4.647 -6.671 1.24 -6.867 0 c -7.042 -1.109 -7.472 -4.646 -5.639 -4.646 c f Q q 1 0 0 1 408.6602 642.6478 cm 0 0 m -0.152 -0.963 -1.056 -1.758 -2.037 -1.758 c -3.017 -1.758 -3.669 -0.963 -3.517 0 c -3.364 0.962 -2.462 1.759 -1.48 1.759 c -0.5 1.759 0.151 0.962 0 0 c f Q q 1 0 0 1 446.7276 642.6478 cm 0 0 m -0.151 -0.963 -1.055 -1.758 -2.037 -1.758 c -3.017 -1.758 -3.669 -0.963 -3.516 0 c -3.365 0.962 -2.461 1.759 -1.48 1.759 c -0.499 1.759 0.151 0.962 0 0 c f Q q 1 0 0 1 423.2803 655.0662 cm 0 0 m -1.796 -11.365 l 1.091 -11.365 l 0.681 -13.956 l -4.964 -13.956 l -2.757 0 l h f Q q 1 0 0 1 434.3848 655.0662 cm 0 0 m -0.41 -2.591 l -2.595 -2.591 l -4.391 -13.956 l -7.147 -13.956 l -5.352 -2.591 l -7.517 -2.591 l -7.107 0 l h f Q q 1 0 0 1 433.9922 641.1107 cm 0 0 m 2.206 13.956 l 4.297 13.956 l 4.779 13.956 10.665 14.659 9.433 6.867 c 8.804 2.888 6.812 0 2.461 0 c h 6.678 6.886 m 6.959 8.662 6.848 11.475 4.571 11.475 c 3.15 2.48 l 5.353 2.369 6.402 5.146 6.678 6.886 c f Q /CS0 cs 1 scn 201.496 659.936 244.34 1.374 re f 0 0 0 1 k q 1 0 0 1 385.3155 648.0452 cm 0 0 m 0.863 3.748 1.686 7.319 6.019 7.296 c 8.699 7.281 9.394 5.607 8.588 2.566 c 6.012 2.58 l 6.446 4.464 6.313 5.173 5.53 5.177 c 4.051 5.184 3.499 3.616 2.662 -0.015 c 1.827 -3.646 1.656 -5.215 3.136 -5.225 c 4.354 -5.23 4.707 -3.465 5 -2.346 c 7.593 -2.359 l 6.722 -6.148 5.101 -7.357 2.646 -7.343 c -1.687 -7.32 -0.854 -3.709 0 0 c f Q q 1 0 0 1 206.7022 680.366 cm 0 0 m -0.638 0.692 -1.44 1.394 -2.307 1.997 c -3.604 0.199 l -2.777 -0.527 -1.982 -1.356 -1.153 -2.396 c -0.977 -1.59 -0.561 -0.838 0 0 c f Q q 1 0 0 1 215.6363 679.967 cm 0 0 m -1.584 2.396 l -2.705 1.853 -3.936 1.453 -5.188 1.199 c -5.188 -7.589 l -5.237 -9.996 -5.702 -12.287 -6.629 -14.379 c -5.983 -14.521 -5.386 -14.853 -4.899 -15.377 c -4.239 -14.033 -3.859 -12.619 -3.747 -11.184 c -3.493 -9.713 -3.401 -7.753 -3.458 -5.193 c -2.882 -5.193 l -2.882 -15.377 l -1.008 -15.377 l -1.008 -5.193 l -0.144 -5.193 l -0.144 -2.596 l -3.458 -2.596 l -3.458 -0.799 l -2.507 -0.771 -1.361 -0.518 0 0 c f Q q 1 0 0 1 209.0079 671.3797 cm 0 0 m 1.153 0.999 l 1.153 3.795 l 0.919 3.546 0.533 3.292 0 2.996 c 0 4.593 l 1.153 4.593 l 1.153 6.99 l 0 6.99 l 0 10.784 l -1.873 10.784 l -1.987 10.811 -2.078 10.743 -2.017 10.585 c -2.078 10.518 -2.035 10.44 -2.017 10.385 c -1.86 10.293 -1.818 10.206 -1.873 10.185 c -1.873 6.99 l -3.314 6.99 l -3.314 4.994 l -4.056 5.642 -4.759 6.159 -5.332 6.39 c -6.341 4.394 l -5.701 4.053 -4.956 3.341 -4.18 2.396 c -3.9 3.067 -3.513 3.799 -3.026 4.593 c -1.873 4.593 l -1.873 1.598 l -3.026 0.999 l -3.056 0.923 -3.211 0.98 -3.458 1.199 c -3.689 1.332 -4.02 1.664 -4.467 2.197 c -5.04 -0.813 -5.646 -3.193 -6.197 -4.992 c -4.467 -6.79 l -4.048 -5.523 -3.647 -3.622 -3.17 -0.998 c -3.077 -1.145 -2.958 -1.574 -2.882 -2.396 c -1.873 -1.598 l -1.873 -3.794 l -1.824 -4.031 -2.021 -4.178 -2.45 -4.193 c -2.591 -4.168 -2.852 -4.139 -3.17 -3.994 c -2.859 -4.841 -2.578 -5.786 -2.306 -6.989 c -0.762 -6.723 0.026 -6.089 0 -4.992 c 0 0 l f Q q 1 0 0 1 222.1065 677.97 cm 0 0 m 0.473 1.001 0.867 1.665 1.298 1.997 c 0.452 2.951 -0.301 3.585 -1.009 3.994 c -2.017 2.197 l -1.321 1.674 -0.611 0.953 0 0 c f Q q 1 0 0 1 228.3033 678.1702 cm 0 0 m 2.882 0 l 2.882 2.596 l -4.756 2.596 l -4.756 0 l -2.018 0 l -2.018 -10.185 l -5.765 -10.185 l -5.765 -12.782 l 3.747 -12.782 l 3.747 -10.185 l 0 -10.185 l h f Q q 1 0 0 1 222.6831 675.7728 cm 0 0 m -0.843 0.682 -1.63 1.268 -2.45 1.598 c -3.603 0 l -2.897 -0.487 -2.124 -1.16 -1.298 -2.197 c -0.977 -1.365 -0.589 -0.692 0 0 c f Q q 1 0 0 1 221.6739 672.9774 cm 0 0 m -0.642 -2.363 -1.437 -4.4 -2.45 -5.991 c -0.719 -8.188 l 0.145 -6.243 0.905 -3.981 1.585 -1.398 c 0.941 -0.968 0.413 -0.51 0 0 c f Q q 1 0 0 1 241.1128 675.3739 cm 0 0 m 6.773 0 l 6.773 3.994 l 0 3.994 l 0 4.195 l 2.568 4.262 4.87 4.417 6.917 4.793 c 5.909 6.989 l 4.054 6.406 1.485 6.172 -1.73 6.191 c -1.73 4.593 l -3.018 5.841 -3.764 6.503 -4.035 6.591 c -5.043 4.793 l -4.264 4.027 -3.538 3.228 -2.882 2.396 c -2.828 3.121 -2.455 3.813 -1.73 4.394 c -1.73 -0.999 l -1.794 -4.652 -2.237 -7.519 -3.17 -9.585 c -2.449 -9.703 -1.857 -10.083 -1.297 -10.784 c -0.928 -9.703 -0.604 -8.416 -0.289 -6.99 c -0.105 -5.393 0.022 -4.047 0 -2.796 c h 0 2.197 4.9 -0.399 re f Q q 1 0 0 1 238.8077 675.1746 cm 0 0 m 0.144 0.199 l -0.67 1.009 -1.472 1.72 -2.306 2.197 c -2.823 1.438 -3.154 0.804 -3.315 0.399 c -2.436 -0.386 -1.647 -1.196 -1.008 -1.998 c -1.008 -2.197 l -0.642 -1.225 -0.312 -0.513 0 0 c f Q 241.545 671.579 5.909 3.396 re 243.274 673.577 2.306 -0.399 re f q 1 0 0 1 237.3667 672.9774 cm 0 0 m -0.51 -2.986 -1.13 -5.268 -1.874 -6.79 c -0.144 -8.587 l 0.418 -7.121 0.96 -4.82 1.441 -1.598 c 0.954 -1.231 0.468 -0.665 0 0 c f Q q 1 0 0 1 247.7427 671.1794 cm 0 0 m -6.63 0 l -6.63 -5.192 l -6.594 -5.549 -6.495 -5.89 -6.341 -6.191 c -6.095 -6.387 -5.848 -6.513 -5.477 -6.591 c -0.577 -6.591 l 0.042 -6.513 0.443 -5.714 0.72 -4.194 c 0.435 -4.046 0.225 -3.89 0 -3.595 c h -2.45 -1.598 0.865 -0.599 re -4.9 -1.598 0.865 -0.599 re -1.009 -4.194 m -1.141 -4.397 -1.239 -4.456 -1.298 -4.394 c -4.611 -4.394 l -4.757 -4.456 -4.849 -4.368 -4.9 -4.194 c -4.9 -3.794 l -0.865 -3.794 l -0.929 -3.979 -0.971 -4.135 -1.009 -4.194 c f Q q 1 0 0 1 264.4434 679.368 cm 0 0 m -2.738 0 l -2.839 0.734 -3.078 1.71 -3.458 2.995 c -5.333 2.197 l -5.049 1.476 -4.844 0.744 -4.756 0 c -7.206 0 l -7.206 -2.596 l 0 -2.596 l 0 0 l f Q q 1 0 0 1 257.959 672.9774 cm 0 0 m -0.78 0.749 -1.441 1.645 -2.018 2.796 c -2.018 3.395 l -0.865 3.395 l -0.865 5.792 l -2.018 5.792 l -2.018 9.187 l -4.18 9.187 l -4.215 9.213 -4.243 9.154 -4.18 8.987 c -4.243 8.979 -4.194 8.891 -4.035 8.787 c -3.997 8.608 -3.947 8.501 -3.891 8.388 c -3.891 5.792 l -5.909 5.792 l -5.909 3.395 l -3.891 3.395 l -4.439 0.982 -5.178 -0.772 -6.198 -1.996 c -5.763 -2.713 -5.417 -3.6 -5.189 -4.593 c -4.792 -4.234 -4.405 -3.718 -3.891 -2.996 c -3.891 -8.388 l -2.018 -8.388 l -2.018 -1.398 l -1.717 -1.738 -1.322 -2.187 -0.721 -2.796 c -0.541 -1.592 -0.302 -0.675 0 0 c f Q q 1 0 0 1 263.4346 669.5819 cm 0 0 m -0.064 -1.385 -0.184 -2.04 -0.288 -1.997 c -0.395 -2.04 -0.43 -1.971 -0.433 -1.797 c -0.433 6.191 l -5.188 6.191 l -5.188 1.997 l -5.187 1.033 -5.376 0.047 -5.764 -0.798 c -6.137 -1.854 -6.671 -2.653 -7.35 -3.395 c -6.755 -3.863 -6.25 -4.438 -5.764 -4.993 c -4.258 -3.404 -3.47 -1.366 -3.458 1.198 c -3.314 3.795 l -2.306 3.795 l -2.306 -2.197 l -2.33 -2.897 -2.308 -3.356 -2.306 -3.595 c -2.224 -3.941 -2.104 -4.204 -1.874 -4.394 c -1.696 -4.682 -1.479 -4.819 -1.297 -4.792 c -0.144 -4.792 l 0.246 -4.848 0.542 -4.701 0.721 -4.394 c 0.992 -4.106 1.217 -2.985 1.441 -0.999 c 1.217 -0.928 0.964 -0.762 0.721 -0.599 c 0.379 -0.294 0.175 -0.137 0 0 c f Q q 1 0 0 1 279.4156 681.9647 cm 0 0 m -10.232 0 l -10.232 -2.596 l -7.206 -2.596 l -7.782 -3.395 l -6.342 -4.124 -5.447 -4.67 -5.044 -4.992 c -10.088 -4.992 l -10.088 -17.375 l -8.215 -17.375 l -8.215 -13.38 l -5.621 -13.38 l -5.621 -16.975 l -3.604 -16.975 l -3.604 -13.38 l -1.008 -13.38 l -1.008 -14.379 l -1.028 -14.801 -1.317 -15.006 -1.874 -14.979 c -2.119 -14.997 -2.415 -14.967 -2.738 -14.979 c -2.394 -15.757 -2.155 -16.684 -2.017 -17.773 c -0.162 -17.717 0.793 -17.151 0.865 -15.977 c 0.865 -4.992 l -2.594 -4.992 l -2.017 -4.593 l -2.45 -4.394 l -1 -3.402 0.161 -2.476 1.009 -1.598 c h -5.621 -11.184 -2.594 0.798 re -5.621 -8.188 -2.594 0.799 re -4.179 -3.195 m -5.188 -2.596 l -3.026 -2.596 l h -1.008 -11.184 -2.594 0.798 re -3.604 -7.39 2.594 -0.799 re f Q q 1 0 0 1 291.9375 682.3631 cm 0 0 m -2.163 -0.599 l -2.053 -0.944 -1.926 -1.265 -1.874 -1.597 c -7.061 -1.597 l -7.061 -3.794 l 5.619 -3.794 l 5.619 -1.597 l 0.576 -1.597 l 0.486 -1.168 0.262 -0.622 0 0 c f Q 295.109 678.17 -7.926 -4.393 re 293.235 675.774 -4.179 0.399 re f q 1 0 0 1 285.4522 664.5897 cm 0 0 m 1.874 0 l 1.874 6.591 l 9.656 6.591 l 9.656 2.796 l 9.703 2.622 9.633 2.534 9.512 2.596 c 8.647 2.596 l 8.647 6.191 l 2.739 6.191 l 2.739 1.199 l 4.612 1.199 l 4.612 1.797 l 6.917 1.797 l 6.917 1.199 l 8.647 1.199 l 8.647 1.797 l 9.027 1.16 9.176 0.458 9.224 -0.398 c 10.175 -0.226 10.814 -0.011 11.097 0.399 c 11.421 0.71 11.582 1.149 11.673 1.598 c 11.673 8.787 l 0 8.787 l h 6.917 3.794 -2.306 0.599 re f Q q 1 0 0 1 312.962 667.785 cm 0 0 m 0.18 0.948 0.573 1.679 1.152 2.197 c 0.045 2.771 -0.934 3.639 -1.874 4.992 c 0.288 4.992 l 0.288 10.185 l -2.738 10.185 l -2.738 10.585 l 0.864 10.585 l 0.864 12.981 l -2.738 12.981 l -2.738 14.179 l -4.756 14.179 l -4.783 14.248 -4.824 14.19 -4.756 13.979 c -4.824 13.965 -4.789 13.878 -4.756 13.78 c -4.648 13.713 -4.606 13.634 -4.611 13.581 c -4.611 12.981 l -7.927 12.981 l -8.801 13.761 -9.532 14.288 -10.231 14.578 c -11.097 12.581 l -10.3 12.122 -9.554 11.411 -8.936 10.585 c -8.73 11.216 -8.427 11.831 -7.927 12.382 c -7.927 10.585 l -4.611 10.585 l -4.611 10.185 l -7.494 10.185 l -7.494 4.992 l -5.477 4.992 l -5.507 4.78 -5.592 4.663 -5.765 4.593 c -5.838 4.389 -5.915 4.302 -5.909 4.193 c -6.605 3.581 -7.365 3.073 -8.215 2.796 c -8.215 5.991 l -11.817 5.991 l -11.817 3.395 l -10.231 3.395 l -10.231 0.998 l -10.869 0.432 -11.425 0.05 -11.961 -0.199 c -11.425 -1.1 -11.081 -2.173 -10.809 -3.396 c -10.095 -2.466 -9.518 -1.773 -9.08 -1.398 c -8.427 -2.319 -7.442 -2.885 -6.197 -2.996 c 0.576 -3.195 l 0.552 -2.943 0.545 -2.757 0.576 -2.597 c 0.552 -1.705 0.714 -0.847 1.009 0 c -1.01 -0.199 l -2.738 -0.36 l -2.738 2.796 l -1.799 1.328 -0.918 0.421 0 0 c -2.738 7.988 1.152 -0.999 re -4.611 6.989 -1.153 0.999 re -6.197 -0.4 m -6.485 -0.389 -6.852 -0.261 -7.351 0 c -7.752 0.255 -8.068 0.616 -8.215 0.998 c -8.215 1.997 l -7.984 1.601 -7.667 1.055 -7.351 0.199 c -6.225 0.772 -5.331 1.514 -4.611 2.396 c -4.611 -0.4 l -6.197 -0.4 l f Q q 1 0 0 1 304.7471 676.3719 cm 0 0 m -0.916 1.04 -1.746 1.712 -2.449 1.998 c -3.458 0.2 l -2.449 -0.492 -1.697 -1.242 -1.153 -1.998 c -1.153 -2.197 l -0.854 -1.204 -0.479 -0.492 0 0 c f Q q 1 0 0 1 327.7901 677.7699 cm 0 0 m -0.814 1.368 -1.313 2.762 -1.585 4.195 c -3.459 3.596 l -3.172 1.65 -2.623 -0.046 -1.729 -1.597 c -0.935 -3.137 0.094 -4.318 1.297 -5.192 c 1.641 -4.201 2.092 -3.353 2.738 -2.595 c 1.641 -2.065 0.739 -1.178 0 0 c f Q q 1 0 0 1 319.1436 672.3783 cm 0 0 m 0.062 0.011 0.211 0.187 0.433 0.399 c 0.59 0.713 0.724 0.889 0.865 0.999 c 2.342 3.258 3.385 5.608 3.891 7.988 c 2.017 8.787 l 1.584 7.589 l 0.752 4.965 -0.346 3.112 -1.73 1.997 c -1.098 1.64 -0.563 0.937 0 0 c f Q q 1 0 0 1 325.0518 670.7806 cm 0 0 m 0.501 -0.819 0.812 -1.473 1.009 -1.996 c -0.35 -2.174 -1.427 -2.301 -2.307 -2.396 c -2.046 -1.823 -1.939 -1.541 -1.874 -1.398 c -0.865 1.797 l -0.548 2.623 -0.321 3.442 -0.144 4.194 c -0.412 4.32 -1.117 4.555 -2.307 4.993 c -2.545 3.541 -2.799 2.438 -3.026 1.598 c -3.892 -1.398 l -4.324 -2.396 l -5.621 -2.396 l -5.93 -2.438 -6.197 -2.418 -6.484 -2.396 c -6.409 -2.438 -6.388 -2.496 -6.341 -2.596 c -6.324 -2.642 -6.303 -2.691 -6.341 -2.796 c -5.476 -5.592 l 1.73 -4.193 l 1.943 -4.642 2.142 -5.314 2.449 -6.191 c 3.008 -5.52 3.682 -5.119 4.467 -4.992 c 3.703 -2.701 2.852 -0.731 1.874 0.798 c 0 0 l f Q q 1 0 0 1 346.5088 680.1667 cm 0 0 m -0.577 0.798 l -3.747 0.798 l -3.574 1.223 -3.504 1.583 -3.459 1.797 c -5.332 2.196 l -5.713 0.238 -6.214 -1.253 -6.918 -2.197 c -6.918 1.797 l -11.962 1.797 l -11.962 -5.393 l -9.945 -5.393 l -9.945 -12.183 l -10.376 -12.183 l -10.376 -5.992 l -12.105 -5.992 l -12.224 -6.09 -12.294 -6.178 -12.25 -6.391 c -12.294 -6.471 -12.251 -6.568 -12.105 -6.591 c -12.076 -6.734 -12.034 -6.831 -11.962 -6.99 c -11.962 -12.382 l -12.131 -12.516 -12.271 -12.546 -12.538 -12.581 c -12.364 -13.189 -12.237 -14.125 -12.105 -15.377 c -6.63 -13.979 l -6.63 -11.383 l -7.297 -11.639 -7.847 -11.766 -8.215 -11.783 c -8.215 -9.386 l -6.773 -9.386 l -6.773 -7.789 l -6.63 -8.588 l -6.516 -8.636 -6.473 -8.616 -6.485 -8.588 c -6.368 -8.577 -6.326 -8.558 -6.341 -8.588 c -6.341 -15.577 l -4.468 -15.577 l -4.468 -14.778 l -2.45 -14.778 l -2.45 -15.577 l -0.577 -15.577 l -0.577 -8.388 l -0.289 -8.588 l -0.154 -7.407 0.105 -6.48 0.432 -5.792 c -0.394 -5.545 -1.125 -5.212 -1.73 -4.793 c -0.95 -3.487 -0.401 -1.887 0 0 c -8.791 -2.796 -1.297 1.997 re -7.494 -6.191 m -7.062 -6.99 l -8.215 -6.99 l -8.215 -5.393 l -6.918 -5.393 l -6.918 -3.795 l -6.818 -3.876 -6.733 -3.945 -6.63 -3.994 c -6.551 -4.149 -6.452 -4.258 -6.341 -4.394 c -6.221 -4.501 -6.115 -4.667 -6.054 -4.793 c -5.629 -4.492 -5.354 -4.121 -5.188 -3.795 c -5.023 -4.062 -4.905 -4.238 -4.756 -4.394 c -4.742 -4.403 -4.666 -4.492 -4.612 -4.593 c -5.277 -5.311 -6.241 -5.847 -7.494 -6.191 c -2.594 -1.797 m -2.64 -2.112 -2.829 -2.512 -3.171 -2.996 c -3.171 -3.195 l -3.574 -2.785 -3.863 -2.346 -4.035 -1.797 c h -2.45 -12.382 -2.018 2.396 re -2.018 -7.589 m -4.323 -7.589 l -4.323 -7.39 l -4.216 -7.377 -4.047 -7.261 -3.747 -7.189 c -3.539 -6.91 -3.343 -6.744 -3.171 -6.591 c -2.66 -7.065 -2.287 -7.358 -2.018 -7.39 c -2.018 -7.589 l f Q q 1 0 0 1 360.6162 674.9735 cm 0 0 m 1.297 0 l 1.619 -0.01 1.838 0.068 2.017 0.2 c 2.183 0.399 2.329 0.74 2.449 1.199 c 2.59 1.785 2.71 2.438 2.882 3.196 c 2.105 3.335 1.528 3.588 1.151 3.994 c 1.063 3.471 1.015 3.072 1.008 2.796 c 0.867 2.447 0.811 2.301 0.721 2.397 c 0.648 2.301 0.6 2.379 0.576 2.596 c 0.576 6.791 l -3.892 6.791 l -3.892 4.793 l -3.827 2.623 -4.144 1.209 -4.757 0.6 c -4.757 6.791 l -9.512 6.791 l -9.512 0.6 l -9.533 -3.852 -9.766 -7.031 -10.232 -8.986 c -9.639 -9.04 -9.104 -9.488 -8.647 -10.385 c -8.253 -8.981 -8.014 -7.002 -7.926 -4.393 c -6.484 -4.393 l -6.484 -7.588 l -6.521 -7.859 -6.62 -7.968 -6.773 -7.987 c -7.036 -8.045 -7.388 -8.064 -7.926 -7.987 c -7.641 -8.532 -7.45 -9.362 -7.35 -10.584 c -6.881 -10.551 -6.444 -10.463 -6.054 -10.385 c -5.551 -10.132 -5.262 -9.927 -5.189 -9.586 c -4.988 -9.411 -4.875 -9.079 -4.757 -8.586 c -4.516 -9.088 -4.242 -9.684 -3.892 -10.385 c -2.793 -9.811 -1.863 -9.088 -1.152 -8.387 c -0.302 -9.303 0.642 -10.083 1.729 -10.584 c 1.95 -9.889 2.352 -9.167 2.882 -8.387 c 1.859 -7.948 0.951 -7.284 0.144 -6.39 c 1.135 -5.013 1.754 -3.326 2.017 -1.397 c 1.44 -0.798 l -3.315 -0.798 l -2.709 0.029 -2.363 0.76 -2.307 1.398 c -2.096 2.086 -2.032 3.081 -2.018 4.394 c -1.152 4.394 l -1.152 1.598 l -1.14 0.604 -0.765 0.068 0 0 c -6.629 -1.997 -1.153 1.997 re -6.629 2.397 -1.153 1.997 re -0.288 -3.195 m -0.498 -3.725 -0.78 -4.271 -1.152 -4.792 c -1.47 -4.398 -1.771 -3.852 -2.018 -3.195 c h -2.45 -6.39 m -2.891 -6.904 -3.665 -7.392 -4.757 -7.788 c -4.757 0.2 l -4.284 0.087 -3.904 -0.253 -3.604 -0.798 c -4.612 -0.798 l -4.612 -3.195 l -4.035 -3.195 l -3.849 -3.433 -3.764 -3.647 -3.748 -3.794 c -3.44 -4.661 -3.019 -5.539 -2.45 -6.39 c f Q q 1 0 0 1 377.0284 681.9647 cm 0 0 m -3.026 0 l -3.026 -0.998 l -4.18 -0.2 l -4.744 -2.339 -5.597 -3.997 -6.629 -5.192 c -6.629 -4.195 l -6.342 -2.796 l -6.118 -1.763 -5.955 -0.983 -5.909 -0.4 c -7.782 0.199 l -8.313 -2.993 -9.128 -5.606 -10.232 -7.589 c -9.756 -8.58 -9.438 -9.545 -9.224 -10.386 c -8.883 -9.877 -8.637 -9.4 -8.502 -8.987 c -8.502 -17.574 l -6.629 -17.574 l -6.629 -5.792 l -6.385 -6.181 -6.082 -6.776 -5.765 -7.789 c -5.575 -7.468 -5.421 -7.293 -5.333 -7.189 c -5.333 -9.386 l -3.892 -9.386 l -4.069 -12.257 -4.921 -14.314 -6.484 -15.577 c -5.702 -16.079 -5.217 -16.722 -5.044 -17.375 c -3.273 -15.894 -2.324 -13.192 -2.161 -9.386 c -0.433 -9.386 l -0.473 -11.066 -0.502 -12.314 -0.576 -13.18 c -0.621 -13.914 -0.713 -14.401 -0.864 -14.579 c -0.966 -14.792 -1.212 -14.89 -1.585 -14.979 c -1.895 -14.86 -2.184 -14.84 -2.45 -14.778 c -2.113 -15.523 -1.889 -16.42 -1.729 -17.574 c -0.728 -17.513 0.012 -17.278 0.433 -16.776 c 0.87 -16.342 1.124 -15.523 1.153 -14.379 c 1.293 -13.163 1.335 -10.803 1.298 -7.189 c 2.017 -7.988 l 2.166 -7.049 2.439 -6.211 2.882 -5.392 c 1.229 -3.548 0.272 -1.715 0 0 c -5.188 -6.989 m -4.013 -5.47 -3.268 -3.987 -2.883 -2.396 c -1.297 -2.396 l -0.671 -4.193 0.075 -5.674 1.009 -6.989 c -5.188 -6.989 l f Q q 1 0 0 1 389.8389 681.9647 cm 0 0 m -2.018 0.399 l -2.138 -0.457 -2.263 -1.11 -2.305 -1.398 c -6.485 -1.398 l -6.485 -3.994 l -3.025 -3.994 l -3.988 -6.805 -5.241 -8.746 -6.773 -9.786 c -6.12 -10.482 -5.69 -11.232 -5.476 -12.183 c -4.923 -11.632 -4.27 -10.92 -3.458 -9.985 c -3.458 -17.375 l -1.584 -17.375 l -1.584 -13.581 l 2.595 -13.581 l 2.595 -14.379 l 2.619 -14.567 2.592 -14.635 2.595 -14.579 c 2.472 -14.685 2.346 -14.704 2.162 -14.778 c 1.944 -14.771 1.558 -14.782 1.009 -14.778 c 1.401 -15.523 1.6 -16.44 1.586 -17.574 c 2.809 -17.513 3.605 -17.278 4.036 -16.776 c 4.387 -16.333 4.583 -15.942 4.612 -15.577 c 4.612 -4.792 l -1.009 -4.792 l -0.865 -3.994 l 6.053 -3.994 l 6.053 -1.398 l -0.288 -1.398 l -0.125 -0.74 -0.032 -0.263 0 0 c 2.595 -11.184 -4.181 0.798 re -1.584 -7.189 4.179 -0.799 re f Q q 1 0 0 1 409.9991 669.1829 cm 0 0 m 0.937 0.886 1.726 1.715 2.45 2.597 c 0.721 3.994 l 0.065 3.05 -0.386 2.504 -0.576 2.197 c -0.794 2.739 -0.878 3.432 -0.865 4.394 c -0.288 4.394 l -0.288 3.994 l 1.441 3.994 l 1.441 12.782 l -4.9 12.782 l -4.9 -1.398 l -6.196 -1.597 l -5.765 -4.593 l -1.297 -3.195 l -1.297 -1.797 l -0.653 -2.966 0.29 -3.99 1.585 -4.792 c 1.691 -3.892 2.071 -3.035 2.738 -2.197 c 1.499 -1.717 0.636 -0.957 0 0 c -3.026 10.386 2.738 -0.799 re -3.026 -0.998 m -3.026 4.394 l -2.738 4.394 l -2.553 2.164 -2.25 0.467 -1.729 -0.799 c h -0.288 6.591 -2.739 0.799 re f Q q 1 0 0 1 399.9112 681.9647 cm 0 0 m 0 -17.375 l 1.873 -17.375 l 1.873 -11.983 l 2.055 -12.374 2.222 -13.124 2.45 -14.179 c 4.143 -13.885 5.016 -12.617 5.045 -10.386 c 5.009 -8.989 4.594 -7.595 3.747 -6.191 c 5.187 -0.998 l 4.611 0 l h 2.738 -10.983 m 2.602 -11.144 2.406 -11.232 2.162 -11.184 c 2.067 -11.223 1.961 -11.213 1.873 -11.184 c 1.873 -2.796 l 2.594 -2.796 l 2.594 -2.996 l 1.873 -6.39 l 2.651 -7.877 3.01 -9.125 3.026 -10.185 c 3.003 -10.521 2.926 -10.773 2.738 -10.983 c f Q q 1 0 0 1 426.2676 677.7699 cm 0 0 m -0.836 1.368 -1.335 2.762 -1.585 4.195 c -3.459 3.596 l -3.193 1.65 -2.644 -0.046 -1.874 -1.597 c -0.955 -3.137 0.071 -4.318 1.298 -5.192 c 1.619 -4.201 2.07 -3.353 2.595 -2.595 c 1.619 -2.065 0.72 -1.178 0 0 c f Q q 1 0 0 1 418.0528 672.7782 cm 0 0 m 0.139 0.313 0.272 0.489 0.289 0.6 c 1.892 2.859 2.932 5.209 3.458 7.589 c 1.586 8.388 l 1.153 7.189 l 0.299 4.566 -0.798 2.713 -2.161 1.597 c -1.551 1.241 -1.016 0.539 -0.576 -0.399 c -0.39 -0.389 -0.242 -0.213 0 0 c f Q q 1 0 0 1 423.5293 670.7806 cm 0 0 m 0.481 -0.819 0.791 -1.473 1.009 -1.996 c -0.371 -2.174 -1.448 -2.301 -2.307 -2.396 c -2.067 -1.823 -1.961 -1.541 -1.874 -1.398 c -0.865 1.797 l -0.567 2.623 -0.342 3.442 -0.145 4.194 c -0.434 4.32 -1.138 4.555 -2.307 4.993 c -2.566 3.541 -2.819 2.438 -3.026 1.598 c -4.035 -1.398 l -4.323 -2.396 l -5.621 -2.396 l -5.95 -2.438 -6.219 -2.418 -6.485 -2.396 c -6.429 -2.438 -6.408 -2.496 -6.341 -2.596 c -6.346 -2.642 -6.324 -2.691 -6.341 -2.796 c -5.477 -5.592 l 1.729 -4.193 l 1.923 -4.642 2.12 -5.314 2.306 -6.191 c 2.986 -5.52 3.661 -5.119 4.323 -4.992 c 3.683 -2.701 2.83 -0.731 1.873 0.798 c 0 0 l f Q q 1 0 0 1 432.7364 681.9647 cm 0 0 m 0 -2.596 l 10.232 -2.596 l 10.232 -13.979 l 10.21 -14.411 9.59 -14.578 8.358 -14.579 c 8.774 -15.347 9.013 -16.342 9.08 -17.574 c 11.025 -17.356 12.031 -16.518 12.106 -14.979 c 12.106 0 l 0 0 l f Q 433.459 675.973 8.646 2.597 re f q 1 0 0 1 441.0948 674.9735 cm 0 0 m -7.061 0 l -7.061 -8.586 l -4.899 -8.586 l -4.899 -6.79 l 0 -6.79 l h -1.874 -4.194 -3.025 1.797 re f Q q 1 0 0 1 413.0245 641.7396 cm 0 0 m -0.51 -2.405 -1.948 -3.284 -3.693 -3.674 c -3.711 -3.674 l -3.492 -2.639 l -2.695 -2.385 -1.819 -2.033 -1.372 -0.39 c -3.015 -0.39 l -2.408 2.464 l 0.524 2.464 l 0 0 l f Q Q BT /T1_1 1 Tf 0.025 Tc -0.025 Tw 10 0 0 10 80.9478 620.9816 Tm (\(A)Tj 0 Tc 0 Tw ( )Tj 0.025 Tc -0.025 Tw 1.294 0 Td (joint)Tj 0 Tc 0 Tw ( )Tj 0.025 Tc -0.025 Tw 2.259 0 Td (sto)Tj 0 Tc 0 Tw (c)Tj 1.691 0 Td (k)Tj 0.469 0 Td ( )Tj 0.025 Tc -0.025 Tw 0.3 0 Td (limited)Tj 0 Tc 0 Tw ( )Tj 0.025 Tc -0.025 Tw 3.253 0 Td (company)Tj 0 Tc 0 Tw ( )Tj 4.084 0 Td (i)Tj 0.302 0 Td (n)Tj 0.024 Tc -0.024 Tw 0.523 0 Td (corp)Tj 0 Tc 0 Tw (o)Tj 2.452 0 Td (r)Tj 0.413 0 Td (a)Tj 0.024 Tc -0.024 Tw 0.523 0 Td (te)Tj 0 Tc 0 Tw (d)Tj 1.293 0 Td ( )Tj 0.274 0 Td (i)Tj 0.301 0 Td (n)Tj 0.524 0 Td ( )Tj 0.025 Tc -0.025 Tw 0.306 0 Td (the)Tj 0 Tc 0 Tw ( )Tj 1.595 0 Td (P)Tj 0.557 0 Td (e)Tj 0.025 Tc -0.025 Tw 0.469 0 Td (opl)Tj 0 Tc 0 Tw (e)Tj 1.821 0 Td (\222)Tj 0.319 0 Td (s)Tj 0.413 0 Td ( )Tj 0.025 Tc -0.025 Tw 0.3 0 Td (Republic)Tj 0 Tc 0 Tw ( )Tj 4.055 0 Td (o)Tj 0.523 0 Td (f)Tj 0.302 0 Td ( )Tj 0.025 Tc -0.025 Tw 0.302 0 Td (China)Tj 0 Tc 0 Tw ( )Tj 0.025 Tc -0.025 Tw 2.87 0 Td (with)Tj 0 Tc 0 Tw ( )Tj 2.123 0 Td (l)Tj 0.025 Tc -0.025 Tw 0.302 0 Td (imited)Tj 0 Tc 0 Tw ( )Tj 0.025 Tc -0.025 Tw 2.95 0 Td (liabilit)Tj 0 Tc 0 Tw (y)Tj 3.335 0 Td (\))Tj /T1_2 1 Tf -25.595 -1.366 Td (\()Tj 0.025 Tc -0.025 Tw 0.357 0 Td (Stock)Tj 0 Tc 0 Tw ( )Tj 0.025 Tc -0.025 Tw 2.815 0 Td (code:)Tj 0 Tc 0 Tw ( )Tj 0.025 Tc -0.025 Tw 2.702 0 Td (0576)Tj 0 Tc 0 Tw (\))Tj ET EMC BT /T1_3 1 Tf 0.025 Tc 15 0 0 15 137.2599 567.412 Tm (2024 INTERIM RESULTS ANNOUNCEMENT)Tj /T1_0 1 Tf 0.033 Tc 0.075 Tw 13 0 0 13 56.6929 535.4121 Tm [(The)8 ( )0.6 (directors)8 ( )0.6 (\(the)8 ( )0.5 (\223)]TJ /T1_3 1 Tf -0.033 Tw (Directors)Tj /T1_0 1 Tf 0.075 Tw [(\224\))8 ( )0.5 (of)8 ( )0.5 (Zhejiang)8 ( )0.5 (Expressway)8 ( )0.5 (Co.,)8 ( )0.5 (Ltd.)8 ( )0.5 (\(the)8 ( )0.5 (\223)]TJ /T1_3 1 Tf -0.033 Tw (Company)Tj /T1_0 1 Tf 0.025 Tc -0.025 Tw [(\224)-8 (\) )]TJ 0.048 Tc 0.07 Tw 0 -1.231 Td [(announced)12.8 ( the)12.8 ( unaudited)12.7 ( consolidated)12.7 ( results)12.7 ( of)12.8 ( the)12.7 ( Company)12.7 ( and)12.7 ( its)12.7 ( subsidiaries)23.1 ( )]TJ 0.042 Tc 0 -1.231 Td [(\(collectively)12.8 ( the)12.9 ( \223)]TJ /T1_3 1 Tf -0.042 Tw (Group)Tj /T1_0 1 Tf 0.07 Tw [(\224\))12.8 ( for)12.8 ( the)12.9 ( six)12.8 ( months)12.9 ( ended)12.8 ( June)12.8 ( 3)12.9 (0)12.8 (,)12.8 ( 2)12.8 (0)12.9 (2)12.8 (4)12.8 ( \(the)12.8 ( \223)]TJ /T1_3 1 Tf -0.042 Tw (Period)Tj /T1_0 1 Tf [(\224\),)17 ( )]TJ 0.025 Tc 0.003 Tw 0 -1.231 Td (with the basis of preparation as stated in note 1 to the condensed conso\lidated financial )Tj 0 Tw 0 -1.231 Td (statements set out below.)Tj 0.032 Tc 0.076 Tw 0 -2.462 Td [(During)7 ( )0.5 (the)7 ( )0.5 (Period,)7 ( )0.5 (revenue)7 ( )0.5 (for)7 ( )0.5 (the)7 ( )0.5 (Group)7 ( )0.5 (was)7 ( )0.5 (Rmb)7 (8)7 (,)7 (3)7 (6)7 (7)7 (.)7 (6)7 (0)7 ( )0.5 (million,)7 ( )0.5 (representing)7 ( )0.5 (an)7 ( )]TJ 0.025 Tc 0.024 Tw 0 -1.231 Td (increase of 1.4% as compared to the same period in 2023. Profit attribut\able to owners )Tj 0.044 Tc 0.07 Tw 0 -1.231 Td [(of)12.9 ( the)12.9 ( Company)12.9 ( was)12.9 ( Rmb)12.9 (2)12.8 (,)12.8 (6)12.9 (8)12.8 (0)12.9 (.)12.8 (0)12.9 (1)12.8 ( million,)12.9 ( representing)12.8 ( a)12.8 ( year-on-year)12.9 ( increase)12.8 ( of)19 ( )]TJ 0.058 Tc 0 -1.231 Td [(4)12.6 (.)12.6 (7)12.6 (%.)12.6 ( Basic)12.6 ( earnings)12.6 ( per)12.6 ( share)12.6 ( for)12.6 ( the)12.6 ( Period)12.6 ( was)12.6 ( Rmb)12.6 (4)12.6 (4)12.5 (.)12.6 (7)12.6 (2)12.6 ( cents,)12.5 ( representing)33 ( )]TJ 0.057 Tc 0 -1.231 Td [(a)12.6 ( year-on-year)12.6 ( decrease)12.6 ( of)12.6 ( 2)12.6 (0)12.6 (.)12.6 (4)12.6 (%.)12.5 ( Diluted)12.6 ( earnings)12.6 ( per)12.6 ( share)12.6 ( for)12.6 ( the)12.6 ( Period)12.6 ( was)32 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (Rmb44.04 cents, representing a year-on-year decrease of 18.4%.)Tj 0.062 Tc 0.07 Tw 0 -2.462 Td [(The)12.2 ( board)12.2 ( of)12.2 ( Directors)12.1 ( \(the)12.1 ( \223)]TJ /T1_3 1 Tf -0.062 Tw (Board)Tj /T1_0 1 Tf 0.07 Tw [(\224\))12.2 ( of)12.2 ( the)12.1 ( Company)12.1 ( does)12.2 ( not)12.1 ( recommend)12.1 ( the)37 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (payment of an interim dividend for 2024.)Tj 0.024 Tc 0 -2.462 Td [(The condensed consolidated financial statements of the Group for the six\ months ended)-1 ( )]TJ 0.025 Tc 0.052 Tw 0 -1.231 Td [(June 30, 2024 have not been audited or )0.5 (reviewed by the auditors of the Company, but )]TJ 0.042 Tc 0.07 Tw 0 -1.231 Td [(ha)0.5 (v)0.5 (e)12.9 ( )0.5 (be)0.5 (en)13 ( r)0.5 (ev)0.5 (ie)0.5 (w)0.5 (ed)13 ( b)0.5 (y)12.9 ( )0.5 (th)0.5 (e)12.9 ( )0.5 (au)0.5 (di)0.5 (t)12.9 ( )0.5 (co)0.5 (mm)0.5 (it)0.5 (te)0.5 (e)12.9 ( )0.5 (of)13 ( t)0.5 (he)13 ( )0.5 (Co)0.5 (mpa)0.5 (n)0.5 (y.)12.9 ( )0.5 (Se)0.5 (t)13 ( ou)0.5 (t)12.9 ( )0.5 (be)0.5 (l)0.5 (ow)13 ( a)0.5 (re)13 ( t)0.5 (he)17 ( )]TJ 0.025 Tc 0.044 Tw 0 -1.231 Td (unaudited condensed consolidated statement of profit or loss and other c\omprehensive )Tj 0.033 Tc 0.075 Tw 0 -1.231 Td [(income)8 ( )0.5 (for)8 ( )0.5 (the)8 ( )0.5 (Period)8 ( )0.5 (and)8 ( )0.5 (condensed)8 ( )0.5 (consolidated)8 ( )0.5 (statement)8 ( )0.6 (of)8 ( )0.5 (financial)8 ( )0.5 (position)7.9 ( )0.5 (as)8 ( )]TJ 0.031 Tc 0.077 Tw 0 -1.231 Td [(a)0.5 (t)6 ( )0.6 (J)0.5 (u)0.5 (n)0.6 (e)6 ( )0.5 (3)6 (0)6 (,)6 ( )0.5 (2)6 (0)6 (2)6 (4)6 (,)6 ( )0.5 (w)0.6 (i)0.5 (t)0.6 (h)6 ( )0.5 (c)0.5 (o)0.5 (m)0.6 (p)0.5 (a)0.6 (r)0.5 (a)0.6 (t)0.5 (i)0.5 (v)0.5 (e)6.1 ( )0.5 (f)0.5 (i)0.5 (g)0.6 (u)0.5 (r)0.5 (e)0.6 (s)6 ( )0.5 (f)0.5 (o)0.6 (r)6 ( )0.5 (t)0.5 (h)0.6 (e)6 ( )0.5 (c)0.5 (o)0.6 (r)0.5 (r)0.5 (e)0.6 (s)0.5 (p)0.6 (o)0.5 (n)0.5 (d)0.6 (i)0.5 (n)0.5 (g)6 ( )0.5 (p)0.6 (e)0.5 (r)0.6 (i)0.5 (o)0.5 (d)6 ( )0.5 (i)0.6 (n)6 ( )0.5 (2)6 (0)6 (2)6 (3)6 ( )0.5 (a)0.5 (n)0.6 (d)6 ( )]TJ 0.025 Tc 0 Tw 0 -1.231 Td (relevant notes to the condensed consolidated financial statements:)Tj ET endstreamendobj104 0 obj<>endobj109 0 obj<>stream application/pdf E_00576_4c Adobe Illustrator 25.0 (Windows) 2024-01-15T14:54:13+09:00 2024-01-15T14:54:13+08:00 2024-01-15T14:54:13+08:00 xmp.did:ef7d82c0-dde1-de4f-9f5d-042e46f8c5f8 uuid:2a254b43-249c-49f1-ad57-f876a6cbab33 uuid:67F1F8F326CFE011BA47F9F83F5171AA proof:pdf uuid:37caae51-39e9-8a40-817c-bfcec54d2794 uuid:67F1F8F326CFE011BA47F9F83F5171AA uuid:67F1F8F326CFE011BA47F9F83F5171AA saved xmp.iid:ef7d82c0-dde1-de4f-9f5d-042e46f8c5f8 2024-01-15T14:54:11+08:00 Adobe Illustrator 25.0 (Windows) / Document Print AIRobin 1 False True 209.999998 297.000005 Millimeters TimesLTStd-Bold Times LT Std Bold Open Type Version 2.050;PS 002.000;hotconv 1.0.51;makeotf.lib2.0.18671 False TimesLTStd-Bold.otf TimesLTStd-Italic Times LT Std Italic Open Type Version 2.050;PS 002.000;hotconv 1.0.51;makeotf.lib2.0.18671 False TimesLTStd-Italic.otf Black PANTONE 336 CVC 闋愯ō鑹茬エ缇ょ祫 0 White CMYK PROCESS 0.000000 0.000000 0.000000 0.000000 Black CMYK PROCESS 0.000000 0.000000 0.000000 100.000000 CMYK Red CMYK PROCESS 0.000000 100.000000 100.000000 0.000000 CMYK Yellow CMYK PROCESS 0.000000 0.000000 100.000000 0.000000 CMYK Green CMYK PROCESS 100.000000 0.000000 100.000000 0.000000 CMYK Cyan CMYK PROCESS 100.000000 0.000000 0.000000 0.000000 CMYK Blue CMYK PROCESS 100.000000 100.000000 0.000000 0.000000 CMYK Magenta CMYK PROCESS 0.000000 100.000000 0.000000 0.000000 C=15 M=100 Y=90 K=10 CMYK PROCESS 15.000000 100.000000 90.000000 10.000000 C=0 M=90 Y=85 K=0 CMYK PROCESS 0.000000 90.000000 85.000000 0.000000 C=0 M=80 Y=95 K=0 CMYK PROCESS 0.000000 80.000000 95.000000 0.000000 C=0 M=50 Y=100 K=0 CMYK PROCESS 0.000000 50.000000 100.000000 0.000000 C=0 M=35 Y=85 K=0 CMYK PROCESS 0.000000 35.000000 85.000000 0.000000 C=5 M=0 Y=90 K=0 CMYK PROCESS 5.000000 0.000000 90.000000 0.000000 C=20 M=0 Y=100 K=0 CMYK PROCESS 20.000000 0.000000 100.000000 0.000000 C=50 M=0 Y=100 K=0 CMYK PROCESS 50.000000 0.000000 100.000000 0.000000 C=75 M=0 Y=100 K=0 CMYK PROCESS 75.000000 0.000000 100.000000 0.000000 C=85 M=10 Y=100 K=10 CMYK PROCESS 85.000000 10.000000 100.000000 10.000000 C=90 M=30 Y=95 K=30 CMYK PROCESS 90.000000 30.000000 95.000000 30.000000 C=75 M=0 Y=75 K=0 CMYK PROCESS 75.000000 0.000000 75.000000 0.000000 C=80 M=10 Y=45 K=0 CMYK PROCESS 80.000000 10.000000 45.000000 0.000000 C=70 M=15 Y=0 K=0 CMYK PROCESS 70.000000 15.000000 0.000000 0.000000 C=85 M=50 Y=0 K=0 CMYK PROCESS 85.000000 50.000000 0.000000 0.000000 C=100 M=95 Y=5 K=0 CMYK PROCESS 100.000000 95.000000 5.000000 0.000000 C=100 M=100 Y=25 K=25 CMYK PROCESS 100.000000 100.000000 25.000000 25.000000 C=75 M=100 Y=0 K=0 CMYK PROCESS 75.000000 100.000000 0.000000 0.000000 C=50 M=100 Y=0 K=0 CMYK PROCESS 50.000000 100.000000 0.000000 0.000000 C=35 M=100 Y=35 K=10 CMYK PROCESS 35.000000 100.000000 35.000000 10.000000 C=10 M=100 Y=50 K=0 CMYK PROCESS 10.000000 100.000000 50.000000 0.000000 C=0 M=95 Y=20 K=0 CMYK PROCESS 0.000000 95.000000 20.000000 0.000000 C=25 M=25 Y=40 K=0 CMYK PROCESS 25.000000 25.000000 40.000000 0.000000 C=40 M=45 Y=50 K=5 CMYK PROCESS 40.000000 45.000000 50.000000 5.000000 C=50 M=50 Y=60 K=25 CMYK PROCESS 50.000000 50.000000 60.000000 25.000000 C=55 M=60 Y=65 K=40 CMYK PROCESS 55.000000 60.000000 65.000000 40.000000 C=25 M=40 Y=65 K=0 CMYK PROCESS 25.000000 40.000000 65.000000 0.000000 C=30 M=50 Y=75 K=10 CMYK PROCESS 30.000000 50.000000 75.000000 10.000000 C=35 M=60 Y=80 K=25 CMYK PROCESS 35.000000 60.000000 80.000000 25.000000 C=40 M=65 Y=90 K=35 CMYK PROCESS 40.000000 65.000000 90.000000 35.000000 C=40 M=70 Y=100 K=50 CMYK PROCESS 40.000000 70.000000 100.000000 50.000000 C=50 M=70 Y=80 K=70 CMYK PROCESS 50.000000 70.000000 80.000000 70.000000 PANTONE 336 CVC SPOT 100.000000 CMYK 100.000000 0.000000 65.098000 47.058800 鍒楀嵃鑹插僵缇ょ祫 1 C=0 M=30 Y=70 K=0 CMYK PROCESS 0.000000 30.000000 70.000000 0.000000 C=5 M=70 Y=90 K=0 CMYK PROCESS 5.000000 70.000000 90.000000 0.000000 C=5 M=90 Y=75 K=0 CMYK PROCESS 5.000000 90.000000 75.000000 0.000000 C=30 M=0 Y=95 K=0 CMYK PROCESS 30.000000 0.000000 95.000000 0.000000 C=60 M=5 Y=95 K=0 CMYK PROCESS 60.000000 5.000000 95.000000 0.000000 C=30 M=0 Y=10 K=0 CMYK PROCESS 30.000000 0.000000 10.000000 0.000000 C=60 M=10 Y=5 K=0 CMYK PROCESS 60.000000 10.000000 5.000000 0.000000 C=80 M=5 Y=10 K=0 CMYK PROCESS 80.000000 5.000000 10.000000 0.000000 鐏伴殠 1 K=100 GRAY PROCESS 255 K=90 GRAY PROCESS 229 K=80 GRAY PROCESS 203 K=70 GRAY PROCESS 178 K=60 GRAY PROCESS 152 K=50 GRAY PROCESS 127 K=40 GRAY PROCESS 101 K=30 GRAY PROCESS 76 K=20 GRAY PROCESS 50 K=10 GRAY PROCESS 25 K=5 GRAY PROCESS 12 Adobe PDF library 15.00 endstreamendobj102 0 obj<>endobj103 0 obj<>endobj111 0 obj<>endobj112 0 obj<>stream H塴SPe掊竇T:慶u福萃?BRP P荄翡<冽?@"?%(KA先<E??枨~t蕆4G筒檞蠗n鷻f殱y鰗焪焔烑泒I"8 IrZVffzF旗|砋惒篌4慌鋙q矠?傚≒S衯烽睃迭郿9s书(NR痊t{Y昲.勹噻&'=2菑L鯿r\`€ON 犚崗媼欖>疛rV壪倥2籬t~懪?^$A搧Y鈲糃4玅苣蹕鵯惩瞑*鴗?V敇OQ0駀镓(?b骲y冣ls餏泬?G郊肛\$H奧螯W]$r?6"_Z.?摴萢钝た蚼F?)?oV襕{?稐X7d毗?/達$? H?&惸倶D " 2倛l? Sn\﹔圍I撾蒘鋶犻A灎[*o痨`)谞|c怲p茽,7 鉓l鏑甉茹Ix =N?暁扥0?瘧0坯+y ?x叻斏褕a丿K鯼)T諧蟴?t閌鋖撺a??樎滉#凙款JΠv鷨a0籺8瞝]R貘"=d'腃墨`D&k氩 恫碑縥骙笩?鷴 孪?伋Y<帗\{g@疬C2dB咮若0鼅lf5鮣顄Um伏?m?<(c牄: Z5~Ai/搪沜峗6灧F瀟 ?g暃凫芩嬽霛涭[.酪;觧>*焘2{1?DS{~飮?I妯銻_??髊€私櫧0bp镡5U螲ld僨桤證0z|;撯饰y贱CX}╱仨f_儋孓?d溋i?d/躃渡險騍?f<乑嚔簨c械_E寋兆)峊 ╀EHU]e 寂莧莿#kJ Y?咐+(\徛?湬愓?煯;罦 醂榙xC鞌 X潮壁a+84O€屖Y雤$s?┫Y嶬櫤谄蔶 P弋鋖琥H碣鸭方贿|]賕釣€\0bn??钓衬wC簊м8?@浆鎟蛓9矝靷 耇r怢欞?W煔?瘕-0蓰穁W笧nuv,?#х鄇滭齷聃莖烕?吃 楋?脪勿. 壚i哂V溯G欆?x@'忈&堽鮘旡\F飾剔妃槞I槮|\M剪吳与e椧陉踍rC仡ヱ銾Ξ匕v 茇uet?g?,飦pNIp霏帪茂婂/箔V??蝒螎 ?蹇|啄A35訲 i槮G:.g鈧_蔺骠涀硒pu蜀 瘬?P獟_枍 曻▉啙蟇觋?穘e1#詒:.楄WA?甌_R腏P逫痠y睽>P艟坞⊿铿~誝谵T4k;辁鳟g8\ 睇粐:鯢z鼋躲頄MM窚隉$Z鶕牃o}~ν€报t瘘 X尀奡/8堹Q賵H郻~胕? 崒豺[F醤9婵%| 話Y呺V啍澙 t厈G"?轔幎s釴uE輋婱/l胭肆餙雌鶜/i7n~厒鰱耱韙?攥]X?H剌:^頌蓝M?tB逥?笴5rS鴺?K endstreamendobj110 0 obj<>endobj113 0 obj<>stream H塴T Pgz@eG佑?*rx盇+妉`q1XPPz亖唖PA朇 r闒E艗xV园?H6趾霋zm~蘤k玆]斛唢黪a.N楬$竚凼U歊昌"淪徜┆轻^*忡盒弚枪; 躀 d鐌f蜥硣H>罄@@uF.獼J嶋V9鈫╄飯S裲*N睇o湂漏?矱W2峁N櫐aB詌啔晄J?5暀傊0琑汼晢?+W(愉鞜u"砞暜鎟3擫爛?$LVーT 棳d"铰綐鋞帒?槇_獁$&擲沬騖F畜 J枔 w?)Y琂%p*u烘苦轵4瀵≒硨JP/獿??;?->豮惋?蒢F?憄anN谺 [宎>鎳a[q, w脾1l7喲傞X妐豬鞜"卙萯澯報囄C.b??婾鈗譒左n稺?L?}豸锾8琬抵a\骛孀M毰P壆恏3遭0.F !翍L赲'舺е 箻?O:V葢I夋禇V賍8肸>樇躴w?障S?97PΒ#答郆m熤泗mb@2fZ拷I?聜撪B-C班軈7b_A巭徶lB奕 耽?@>S苖鏲(槃?\喾皳?予~49C恵<捫{衍漚q{?`弛!?炛#Z峷爀闀?eD险慛忺扷Xp]?嫞颥櫑鹻忂籎O?@>{聀]弃rbV珸╋ %)M#倢6~諽刿丐鮤{ #^痼?筧JB锬Z徻&~逎予寥Tu罶騄櫷腝琎M荚5k,uV名|镱 蛸旴[蕅鈇/酂AX胱﹃y膵áh惝7齫^?陓 gx?檺緾?0雒m?M挺箭%讗咿挹匝o@-4??埥>q鍉w;-)鈍方m犪 +cN恆炙嵾R羍恰Y+星玠D屲#c鋃N+-2祓~s?l暀猶"+Zm?瑰筤|郏?ㄩ}认b羀K岧崧8 繉P??鋺屓驹N_:L7$梤昡藒趕}餱?-?纚秹簽@gX珍菲.H鎑L潘e燳N骑挮"ヲǘ[驼驼-矌*址}u&鮄葱? @嫸wo歺s?Z€Z輴?B司庾>p钽驒豲r#瀈菵扨i”禫v鑰祽:ⅸ惜-?婾i詼*钂麓K$??"qM7?窆舻逮`〢?瞗Q鷼岊鼎骀f軥 蜇咟譯襨膾饬糽濟魂鴦f瓯V渮P鵚?N馢楩?5㈱┝`珦)-酅u}?薵 蜈旿[*`:?泹*點qT墰熙h9轘V[PH碜}瑮觝?S髋=嘌pq鄸[G?€K眭Ey2釺?:橧e早t哞縱`噡惽祉Z ~?{?qX掻阌祬襜cd誥俜p運!專赂QТkM?u*彞r璹儣蝄So$[髗R4\Nrr[^{徑珁蜀?N?7鼥 蛕珸龉欆溍.姈胨赎戥-T嫸A沊歕簕`嫌+鱝?鼩熧}t鲛r甲\m蹋?V硻*0q鷛柪璇?褵譮筠vH f婷?x渀?埲pYM]a?D銛c絎镎滼-uT u\h)闫耭HI ?! [IYBX0瑐R腣媂櫋礦訴霃N情除墲遱蠞铨蟳消}醝9賂>妬C騴跥踯:舂逃薛暒?;螮3/ } 掴兮Tg3氺lUK抲硿x部}5耝遉鱐{建t鎏?麤[C撄槅R笟!N息鋃Kォ凇72頳畿E?WD尪.5埳趄ち徧撷y[/詙?骠廇*鑊<咠$埶L慠鵭沈诏??!老q廰W覵 ?n娵鵇褛 B?橊焞?? `f9=愖u 抅幑7C斞Ge橕餑'$l?s苎帣ZcВ 晏 谀泛閵*?骰籪藶€D郿]z愠R$擣》2 洱; 鸈顽鼯 芲€递噏nma潦祶?邂?/竳躟炴傌夘社#TC?蜬﨟}橪 嚽}撴)盱.粐c?,儚叵鴋幠=h遯p鮾燥?驡瓺卬罗E減a蛤寗姳,9爼x仜{,喧畣k7 B棘,S雞苄r焴佞硼jJw:傾s/鵐:吕弊珑姺.q3衦&グ8#剴玤f湺潮綾际?5柎P貖赓苂F|渪{旭毿t=Yih鵧糔緙笊Tl 軆隽鯑∞.pZ耬缸,O燣葳鲍YVQ郺? ?攈簦0彝謡¤T^X蝞缴d0Q2叒8 烋CC竼耶羵v肬臡扌銢峁怔`俷笉l銴詑€繲Y^c烷挾S痆 駘?G;峎h?諀鶯?x2剛 K r?B夗礩q ?絭惿踩硚矡嬡5 祠顈k袼e忦p趡%篾綖敆谣淏uQI)灔'F^H瓮Uu櫤TSh菺湥◢(旾冧ぐ瓲q禚 ~DyUDJVB)K獚璣g繟鳒X囵敓囕€Y?N<肅ac癢蔡Ta5V62忈嵯壿嵯喰だ鳍┸s瑼媜妝v鉼勭嚝p隫x?h訕屆?妼j恮縷邊腃诶A捊9?t车跽$嵡G儤?7I旄K瑲fw峘鍿u靨~0q??L岏渜忈d癸:?賚??覥彌;箊M2漋a鎲l勉喚 ?G|?'桸(I C眇E4鐹亪袟i+姩bui墯Ag裮<3[}軜髥/P雼)U惉 脅?蔺鲾m67K假?`苸c佛礥:+u儽鳎dFLDV}))O%XN^洂珂`PW?緥崌^輶著LA7]$C>BT?Z鼓l?x<徥9(+宒x9鯆沵 螳8衝X晎*,婝,H\/k剐Z?篆鑌9缗繣? 淕踉 endstreamendobj101 0 obj[/Separation/PANTONE#20336#20CVC/DeviceCMYK<>]endobj15 0 obj<>endobj114 0 obj<>endobjxref 0 115 0000000000 65535 f 0000000016 00000 n 0000000137 00000 n 0000002728 00000 n 0000000000 00000 f 0000246732 00000 n 0000247911 00000 n 0000248999 00000 n 0000250197 00000 n 0000251395 00000 n 0000215850 00000 n 0000217048 00000 n 0000218246 00000 n 0000219444 00000 n 0000002694 00000 n 0000342996 00000 n 0000002823 00000 n 0000002912 00000 n 0000003006 00000 n 0000003100 00000 n 0000003194 00000 n 0000003288 00000 n 0000003382 00000 n 0000220642 00000 n 0000191328 00000 n 0000192526 00000 n 0000193724 00000 n 0000194922 00000 n 0000196120 00000 n 0000161191 00000 n 0000162389 00000 n 0000163587 00000 n 0000164785 00000 n 0000165983 00000 n 0000123536 00000 n 0000124734 00000 n 0000125932 00000 n 0000127130 00000 n 0000128328 00000 n 0000079534 00000 n 0000080732 00000 n 0000081930 00000 n 0000083128 00000 n 0000084326 00000 n 0000003490 00000 n 0000004688 00000 n 0000005886 00000 n 0000007084 00000 n 0000008282 00000 n 0000009492 00000 n 0000010690 00000 n 0000071653 00000 n 0000031713 00000 n 0000031824 00000 n 0000014832 00000 n 0000015404 00000 n 0000014695 00000 n 0000062875 00000 n 0000055156 00000 n 0000048598 00000 n 0000038030 00000 n 0000044233 00000 n 0000031937 00000 n 0000011888 00000 n 0000022971 00000 n 0000023542 00000 n 0000015943 00000 n 0000016439 00000 n 0000024179 00000 n 0000044351 00000 n 0000044376 00000 n 0000044509 00000 n 0000044574 00000 n 0000044847 00000 n 0000044967 00000 n 0000115833 00000 n 0000107096 00000 n 0000100739 00000 n 0000093006 00000 n 0000085415 00000 n 0000151212 00000 n 0000145198 00000 n 0000140325 00000 n 0000135747 00000 n 0000129526 00000 n 0000188135 00000 n 0000183336 00000 n 0000178464 00000 n 0000174014 00000 n 0000167181 00000 n 0000209806 00000 n 0000205308 00000 n 0000202450 00000 n 0000199955 00000 n 0000197318 00000 n 0000243074 00000 n 0000238550 00000 n 0000234417 00000 n 0000227489 00000 n 0000221840 00000 n 0000267784 00000 n 0000342809 00000 n 0000336026 00000 n 0000336476 00000 n 0000300044 00000 n 0000263612 00000 n 0000260181 00000 n 0000256097 00000 n 0000252593 00000 n 0000300083 00000 n 0000338834 00000 n 0000336836 00000 n 0000337185 00000 n 0000339207 00000 n 0000343126 00000 n trailer <<05AB227CA809484EAF526882BA8EDD30>]>> startxref 343307 %%EOF