During the CAEXPO this year, the Group signed three cooperation projects with JD.com and other enterprises, with a total investment of RMB 850 million, covering the fields of green energy and artificial intelligence (AI). The Group also joined hands with the Shenzhen Institute of Computing Sciences and Funeng Technology Holdings (Shenzhen) Co., Ltd. to establish the "Intelligent Transportation AI Data Joint Laboratory," integrating resources from all three parties to explore innovative smart rail transit applications and advance the commercialization of scientific and technological achievements. Leveraging the ASEAN Metro Cooperation Committee of the China Association of Metros, the "China-ASEAN Rail Transit Training Base" was officially inaugurated. This initiative integrates resources from the government, enterprises, and schools to cultivate high-quality rail transit professionals who possess both expertise and an international perspective, drive innovation in smart rail transit technologies, and facilitate the commercialization of achievements, thereby deepening collaboration between China and ASEAN in the rail transit sector. As the host enterprise, the Group also organized the 2nd China-ASEAN International Seminar on Railway Interconnectivity Standardization, actively establishing a regional platform for talent cultivation and joint standard-setting. At the Nanning-Hanoi Economic Corridor and the "Belt and Road" Nanning Friendship Cities Exchange Conference, the Group developed a customized "MaaS Smart Mobility+" solution to meet the needs of Khon Kaen, Thailand, for an integrated smart transportation system (Model as a Service, MaaS), providing tailored solutions for smart transportation across ASEAN. The "Guangxi AI + Low-altitude Economy Industry-Education Integration Community" was inaugurated, which marked a deepened collaboration among the government, industry, colleges and universities, research institutes, and users. The ASEAN 10-country, multilingual, real-time translation AI-powered intelligent and digital subway customer service system, jointly developed with Unisound, also drew significant attention during the CAEXPO. During the CAEXPO, delegations from 12 government and business associations representing seven countries, including the United Kingdom, Myanmar, and Vietnam, visited and conducted on-site inspections of key facilities, such as the Network Operations Command Center (NOCC), the Intelligent Operations and Maintenance Center, and the Nanning Railway S&T Innovation Industrial Park. They gave high praise to Nanning subway's efficient and intelligent operations and its 99.99% train punctuality rate, commending it as a benchmark for ASEAN rail transit operations.

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