According to a recent announcement, Guangdong Yueyun Transportation Company Limited (Stock Code: 03399) has entered into a new supplemental agreement (the “Tai Ping Interchange Management Supplemental Agreement”) with Guangdong Humen Bridge Company Limited. This follows a previously disclosed Tai Ping Interchange Management Agreement dated 20 December 2023. The supplemental agreement provides additional operation and management services for Tai Ping Interchange, covering maintenance, safety, engineering cost consulting, and daily asset management.

Under the supplemental agreement, effective from 30 January 2026 until no later than 31 December 2027, Guangdong Humen Bridge Company Limited will receive RMB1.5 million for the period from 30 January 2026 to 30 December 2026. Beyond 1 January 2027, the fees will be prorated daily until the actual end date of the interchange’s operational period, not exceeding RMB1.5 million in total. These fees are set on arm’s length terms with reference to comparable market prices for similar infrastructure management services.

Both the original agreement and supplemental agreement are aggregated under the Listing Rules, with the highest applicable percentage ratio above 0.1% but below 5%. Therefore, these transactions are exempt from independent shareholders’ approval requirements but remain subject to announcement, reporting, and annual review obligations.

The board of Guangdong Yueyun Transportation Company Limited views the supplemental agreement’s terms as conducted on normal commercial terms that are fair, reasonable, and beneficial for safeguarding the efficiency and stability of Tai Ping Interchange operations while complying with necessary internal oversight and approval procedures.