Qilu Expressway Company Limited at its EGM held on August 9, 2021, elected Mr. Wang Zhenjiang as an executive Director, and authorised the Board of the Company to enter into a service contract with him subject to such terms and conditions as it shall think fit and to do all such things to give effect thereto Mr. Wang Zhenjiang has been appointed as an executive Director of the second session of the Board, and has taken effect from the conclusion of the EGM and shall last until the expiration of the term of the second session of the Board.