Relationship between Chongqing City Investment and Chongqing Urban Construction Group

Chongqing Chengtou and Chongqing Urban Construction Group are subsidiaries. According to the inquiry of Chongqing Chengtou Group, Chongqing Chengtou Infrastructure Construction Co., Ltd., established in 2020, is a wholly state-owned subsidiary of Chongqing Urban Construction Investment (Group) Co., Ltd., which performs the functions of "general contracting and general agent construction" of urban infrastructure entrusted by Chongqing Municipal Government and mainly undertakes the construction of major municipal projects such as river-crossing bridges, mountain-crossing tunnels and urban expressways. Therefore, the relationship between Chongqing Chengtou and Chongqing Urban Construction Group is a subsidiary.