44.8 billion! Three major expressway projects won the bid

Project Name: Xiangyang Section of Hexian-Xiangyang Expressway Bundling Laohekou-Nanzhang Expressway Investor Bidding HXLNTZR-1 Bid Section

Bid winning information:

First place: Hanjiang State-owned Capital Investment Group Co., Ltd.

China Construction Third Engineering Bureau Group Co., Ltd.

China State Construction Engineering Corporation Limited

China State Construction Railway Investment and Construction Group Co., Ltd.

Xiangyang Road Bridge Construction Group Co., Ltd.

China Communications Second Highway Survey and Design Institute Co., Ltd.

China Communications First Highway Survey and Design Institute Co., Ltd. China Railway Bridge Survey and Design Institute Group Co., Ltd.

Bid Price (RMB): 201000000000 HTML0 201000000000 2 Second place: Hunan Road & Bridge Construction Group Co., Ltd. 0 HTML0 UNK1 3 Xinjiang Urban Construction (Group) Co., Ltd. 0 HTML0 UNK1 4 Bid Price (RMB): 201000000000 HTML0 UNK1 5 Third place: Guizhou Bridge Construction Group Co., Ltd. 0 HTML0UN K16 Bid Price (RMB): 201000000000 HTML0 201000000000 7 Project Name: Renovation and Expansion Project of Xiaogan-Suizhou Section of Fuzhou-Yinchuan Expressway Investor Bidding FYXSTZR-1 Bid Section 0 HTML0 UNK1 8 SRC = "The https://img7.ccement.com/news/2509/richtext/img/co2mfzy35na1758249579498. is constructed according to the standard of two-way eight-lane expressway with a design speed of 120km/H and a subgrade width of 42m." It is mainly widened on both sides and partially separated and newly built. The total investment of the project is about 17.4 billion yuan. The Xiaogan section starts near Huachu Bay, Xiaonan District, Xiaogan City, and ends at the junction of the east of Bofan Town, Anlu City, Xiaogan City and Suizhou, with a total of 10 interchanges. Among them, seven interchanges were partially rebuilt, including Xiaonan Hub Interchange, Xiaogan North Interchange, Xiaogan North Hub Interchange, Yunmeng Interchange, Anlu South Hub Interchange, Anlu Interchange and Yandian Interchange, and three interchanges were added, including Xihe Interchange, Baisha Interchange and Anlu West Interchange. The length of the Xiaogan section is about 82. The Suizhou section starts from the junction of the east of Bofan Town, Anlu City, Xiaogan and Suizhou, and ends near Guanyinyan Village at the junction of Xiangyang, Suizhou, with 7 interchanges. Among them, six interchanges were partially rebuilt, including Luoyang Dian Interchange, Suizhou Interchange, Suizhou East Hub Interchange, Junchuan Interchange, Suizhou Hub Interchange and Anju Interchange, and one interchange was added to Tan Interchange. The length of Suizhou section is about 70. The actual construction content, scale and total investment shall be subject to the approval of the competent government department. 0 HTML0 UNK1 9 Others: Overview of the existing project: The existing project starts near Huachu Bay, Xiaonan District, Xiaogan City, and ends near Guanyinyan Village at the junction of Suizhou and Xiangyang, with a mileage length of about 153 kilometers. It is a two-way four-lane closed expressway. The starting date of the existing highway toll period is September 28, 2005, and the deadline is December 15, 2035. The current operating unit is Hubei Trading Suiyue Expressway Operation Management Co., Ltd. Note: For details of this project, please refer to the Project Feasibility Study Report (August 2025) attached to the bidding documents. The actual construction content, scale and total investment shall be subject to the approval of the competent government department. 0 HTML0 UNK2 0 Bidding scope: This project adopts the franchise mode of construction. After winning the bid, the investor shall establish a project company in accordance with the Company Law of the People's Republic of China and other relevant laws and policies. The project company shall be responsible for the whole process of project planning, fund raising, construction implementation, operation management, debt repayment, asset management, compensation for the original charging rights and interests of the original operating unit and project transfer, and shall operate independently and be responsible for its own profits and losses. After the expiration of the franchise period stipulated in the franchise agreement, the highway, highway ancillary facilities, land use rights and related information shall be transferred in accordance with the franchise agreement. 0 HTML0 Division of bid section of UNK2 1: This tender is divided into 1 bid section, i.e. FYXSTZR-1 bid section. 0 HTML0 UNK2 2 Planned duration: 1460 calendar days, Planned commencement date: 2025-12-100 HTML0 UNK2 3 Estimated contract price: 1740000.00: RMB ten thousand 0 HTML0 UNK2 4 Bid winning information: 0 HTML0 UNK2 5 First place: Hubei Communications Investment Group Co., Ltd. 0 HTML0 UNK2 6 Hubei Communications and Investment Construction Group Co., Ltd. 0 HTML0UNK 27 CCCC Second Highway Engineering Co., Ltd. 0 HTML0 UNK2 8 China Construction Second Engineering Co., Ltd. 0 HTML0 UNK2 9 CCCC Construction Group Co., Ltd. 0 HTML0 UNK3 0 China Construction Railway Investment and Construction Group Co., Ltd. 0 HTML0 UNK3 1 Hubei Expressway Industrial Development Co., Ltd. 0 HTML0 UNK 32 Hubei Trading Technology Development Co., Ltd. 0 HTML0 UNK3 3 Hubei Communications Planning and Design Institute Co., Ltd. 0 HTML0 UNK3 4 Bid price (RMB): 174000000000 HTML0 UNK3 5 Second place: Sichuan Highway and Bridge Construction Group Co., Ltd. 0 HTML0 UNK3 6 Bid price (RMB): 1 74000000000 HTML0 UNK3 7 No.3: Guizhou Bridge Construction Group Co., Ltd. 0 HTML0 UNK3 8 Bid Price (RMB): 174000000000 HTML0 UNK3 9 Project Name: Investor of Concession Project of West Extension Section of Xunwu-Quannan Expressway (Re-bidding) 0 HTML0UN K40 the project route is 53. There are 4 interchanges, including 1 hub interchange, 3 general landing interchanges, 3 connecting lines of 2km, 1 service area, 23 bridges of 13568m and 5 tunnels of 7835m. The total investment of the project is estimated to be about 73.2

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(2) Cooperation mode, charging channel and method: The project adopts the franchise mode, and the project return mechanism is paid by the user.

① After the bidder wins the bid, the People's Government of Quannan County will grant the project company established by the successful bidder in accordance with the provisions of laws, regulations, rules and other policy documents and the contract agreement. During the franchise period, the project company will bear the investment and risk by itself, and be responsible for the investment and financing, design optimization, construction and operation of the project facilities.

② The bid winner, as the investor, shall establish the project company in accordance with the Company Law of the People's Republic of China and other relevant laws, regulations, rules and other policy documents and contract agreements. The project company is responsible for the whole process of planning, fund raising, design optimization, construction and implementation, operation and management, maintenance and repair, debt repayment and asset management of the project, operates independently, assumes sole responsibility for its profits and losses, and after the expiration of the franchise period stipulated in the franchise agreement. In accordance with the agreement of the franchise agreement, the highway (including land use right), ancillary facilities of the highway and related information shall be transferred to the Quannan County Transportation Bureau or its designated agencies free of charge as agreed in the contract.

③ The project company will recover the investment cost and obtain a reasonable return mainly through user fees (including vehicle toll income and other operating income) during the operation period. Quannan County People's Government does not promise investors a fixed return on investment, a minimum traffic volume or a minimum toll revenue. If the policy of the state or Jiangxi Province changes, the compensation required by the policy shall be subject to its provisions. In order to encourage more investment enterprises to participate, investors will be given priority in the development of minerals and land in Quannan County.

④ The actual charging period and charging standard of the project shall be subject to the approval of Jiangxi Provincial People's Government. If the laws and regulations at that time adjust the upper limit of the toll period of the operating highway, the franchise period can be redefined reasonably according to the procedure on the premise of conforming to the laws and regulations at that time, the project situation and the agreement. The principle of redefining the franchise period is stipulated in detail in the Franchise Agreement.

⑤ The capital fund of this project shall be raised by the successful investor, and other construction funds other than capital fund of the project shall be raised by the project company. The project capital must be the investor's own capital, and there must be no problem of illegal or false investment in the form of debt funds such as "open-share real debt", shareholder loans, loan funds, public welfare assets, reserved land, etc. The injection of project capital shall be in place by stages according to the annual investment proportion of project construction funds.

⑥ If the investor who wins the bid has the ability of design optimization or construction qualification, the investor can undertake the corresponding work by himself. The project company shall select the undertaking unit by means of public bidding for the projects, goods and services that the winning investor does not have the corresponding qualifications and meet the bidding standards according to law.