Shenzhen Stock Exchange announced that the company plans to issue A-shares to specific targets. The bill relating to the issuance of A-shares to specific targets was reviewed and passed at the 23rd Interim Meeting of the 2nd Board of Directors of the Company held on December 16, 2025. The details of the “Shenzhen Urban Transportation Planning and Design Research Center Co., Ltd. 2025 Plan to Issue A Shares to Specific Targets” were disclosed on the same day on the information disclosure website designated by the China Securities Regulatory Commission. The entry into force and completion of matters relating to the current issuance of A-shares to specific targets as described in the “Plan” will require review and approval by the company's shareholders' meeting, approval by the state-owned assets supervision and administration department or state-funded enterprise, approval by the Shenzhen Stock Exchange, and registration consent from the China Securities Regulatory Commission before implementation.

Shenzhen Stock Exchange announced that the company plans to issue A-shares to specific targets. The bill relating to the issuance of A-shares to specific targets was reviewed and passed at the 23rd Interim Meeting of the 2nd Board of Directors of the Company held on December 16, 2025. The details of the “Shenzhen Urban Transportation Planning and Design Research Center Co., Ltd. 2025 Plan to Issue A Shares to Specific Targets” were disclosed on the same day on the information disclosure website designated by the China Securities Regulatory Commission. The entry into force and completion of matters relating to the current issuance of A-shares to specific targets as described in the “Plan” will require review and approval by the company's shareholders' meeting, approval by the state-owned assets supervision and administration department or state-funded enterprise, approval by the Shenzhen Stock Exchange, and registration consent from the China Securities Regulatory Commission before implementation.