The Company is principally engaged in the investment, construction, operation and management of toll highways and roads. The Company adheres to the development strategy of focusing on toll highway operations as its core business and the investment strategy of expanding towards the Pearl River Delta region as well as other economically developed regions in the PRC through establishing a foothold in Shenzhen. It aims at enhancing ability of wealth creation by improving the quality of operation, obtaining reasonable returns through providing high-quality service to the society, and achieving satisfaction of customers, employees, shareholders and related parties by interest equilibrium, to support the Company for sustainable development.

The toll highway projects, which were operated and invested in by the Group, located in Shenzhen City, other areas of Guangdong Province and other provinces in the PRC. Apart from operation, management and investment of toll highway projects, the Group also participates in the construction management and operation management of certain highway and road projects entrusted by the government and other enterprises.

Note: With the same number of lanes, the differences in design standards such as design speed and surface quality may cause differences in capacity. Generally, the capacity of a four-lane expressway is approximately 100,000 passenger car unit per day while the capacity of a six-lane expressway is approximately 120,000 passenger car unit per day.