GPED: Plans to increase capital by 5.448 billion yuan to invest in highway renovation and expansion projects

GPED announced that the company plans to increase its investment in Guangdong Guanghui Expressway Co., Ltd. to invest in the construction of the Huizhou Xiaojinkou to Guangzhou Luogang section of the Jiguang Expressway and the expansion and reconstruction project of the Huizhou Xiaojinkou to Lingkeng section of the Guanghui Expressway. The project's capital contribution accounts for 35% of the total investment, and the company will contribute capital according to its 51% equity stake in Guanghui Company, with an estimated contribution amount of approximately 5.448 billion yuan. This proposal still requires approval from the shareholders' meeting