Yatai Group Signs Strategic Cooperation Agreement with China Construction Foundation

On the afternoon of August 26,

2025, Yatai Group signed a strategic cooperation agreement with China Construction Infrastructure Co., Ltd. (Beijing). Chen Tiezhi, Party Secretary and Chairman of Yatai Group, and Wang Wensheng, Party Committee Member and Executive General Manager of Infrastructure Business Department of China Construction Group (CSCEC Infrastructure) witnessed the signing of the agreement; Chen Bo, Chairman and President of Yatai Building Materials Group, signed the agreement with Sheng Jing, Chairman of Infrastructure Business Department of China Construction Group (CSCEC Infrastructure) Jilin Company. Focusing on the core business and product industry chain, the

contracting parties, based on the principle of "long-term, mutual benefit, win-win cooperation and common development", formed a joint venture company through complementary qualifications. We will further deepen all-round and deep-seated business cooperation in the fields of product supply and service, infrastructure construction, new energy and supply chain, and gradually expand and deepen cooperation with surrounding provinces and cities based on Changchun. Before the signing of the

agreement, Chairman Chen Tiezhi met with Wang Wensheng, member of the Party Committee and executive general manager of China Construction Foundation, and the two sides had in-depth communication and exchanges on the key direction and content of strategic cooperation and the respective advantages of enterprises. Chen Tiezhi said that Yatai Group has scale, qualifications, talents and technology in real estate, building materials, construction and other fields. As the carrier and platform for the implementation of major project investment, construction and operation, the two sides have highly compatible cooperation opportunities in many cities and projects, such as Dalian New Airport, Marine Ranch, Snow Field Construction and product supply. Next, the two sides will further communicate the specific content of cooperation on the basis of the strategic agreement. Accompanied by Huang Song, General Manager of

China Construction Foundation Jilin Company, Ma Qihang, Vice General Manager of Beijing Company, and Ge Ming, Vice General Manager of Jilin Company, Xing Yuechao, Assistant President and General Manager of Strategic Development Department of Yatai Group, Jia Xuping, Vice President of Yatai Real Estate Group, and Shi Kai, Vice President of Yatai Building Materials Group.