Expressway Operation

Shanxi Fenping Expressway Co., Ltd., which is controlled by Yueda South Holding, is jointly built by Jiangsu Yueda Group and Shanxi Provincial Department of Communications. It invests in the operation of two expressways, and mainly engages in highway construction, maintenance and management, and collecting vehicle tolls, as well as the operation of highway advertising and service facilities. The two expressways invested and operated by the company have achieved profits of more than 100 million yuan per year.