HUAYU EXPRESSWAY GROUP LIMITED

Huayu Expressway Group Limited ("Huayu Expressway" or "Company", together with its subsidiaries "the Group") is a Company incorporated in the Cayman Islands on 21 April 2009 as an exempted Company with limited liability under the Companies Law, Chapter 22 (Law 3 of 1961, as consolidated and revised) of the Cayman Islands. The shares of the Company were listed on the Hong Kong Stock Exchange on 23 December 2009... In addition to the trading of liquor and spirits business, we invested about RMB86.6 million in the development of base wine production facility in Guizhou, through an associate of the Group for the year ended 31 December 2022. With this production facility, we can increase our presence in the wine industry in the PRC. Additional injection will be made to this project in 2023... With the success in the liquor and spirits trading business, we are keeping our eyes on other prosperous business opportunities. In accordance with our strategy, we will pursue other infrastructure..