The company's existing operating expressway assets mainly include: Chengdu-Chongqing Expressway 226 km, Chengya Expressway 144 km and Chengbei Exit Expressway 10.35 km. Le Cheng Expressway has not been acquired before A-share listing. On September 26th, 2007, the company signed an acquisition agreement with Gao Chuan Company to acquire 99. 18% equity of Le Cheng Company held by Gao Chuan Company. This Agreement has been reviewed and approved at the 5th meeting of the 4th Board of Directors of the Company on September 26th, 2007 and the 3rd Extraordinary General Meeting of Shareholders of the Company on February 12, 2007. After the successful issuance of the company, the specific acquisition can be carried out, and it is estimated that 9180,000 yuan will be paid in advance to Gao Chuan Company. Le Cheng expressway toll management period ends in 2029.
All the above-mentioned expressways are located in Sichuan Province, which occupies a decisive position in the transportation network of Sichuan Province and is an important traffic artery in Sichuan Province. It is not only the most important passenger and cargo transportation channel along the route, but also provides great convenience for local living transportation and industrial transportation, and plays a very important role in promoting the economic construction of Sichuan Province and the development of industrial belts along the route.