On January 8, 2024, Li Xiaojun, Secretary of the Party Committee, President, and General Manager of Guangzhou Public Transport Group, Zhang Haiyan, Member of the Party Committee, Vice General Manager, and Chief Legal Counsel, and Peng Jun, Assistant General Manager, and Board Secretary, visited the headquarters of CITIC Securities in Beijing with delegates from the Group's Strategic Planning and Investment Department, and had a meeting on strengthening cooperation in the capital market with CITIC.

Yang Minghui, Deputy Secretary of the Party Committee, Executive Director, and General Manager of CITIC Securities, welcomed the delegation and appreciated the contributions made by Guangzhou Public Transport Group in areas such as public transportation and social welfare.

Li said during the meeting that CITIC Securities provides professional financial services to its clients and holds a strong competitiveness and influence in the financial industry. Guangzhou Public Transport Group will, in accordance to its development strategies, further strengthen cooperation with CITIC Securities and enhance its capital utilization capabilities. CITIC Securities, targeted to a variety of capital operational needs of Guangzhou Public Transport Group, presented professional solutions on equity financing, bond financing, and financial product innovation. Both parties engaged in in-depth discussions on strengthening cooperation in the capital market and exchanged ideas on the prospects of future collaboration.

The meeting deepened the consensus between CITIC Securities and Guangzhou Public Transport Group, laying a solid foundation for collaboration in financing, investment, and mergers and acquisitions. Going forward, both sides will maintain close communication, accelerate collaborative projects, and tap into the potential of their partnership.

（From Strategic Planning and Investment Department (Board Office）of Guangzhou Public Transport Group）