China Communications Construction has made an announcement stating that its subsidiaries, namely CCCC Capital and CCCC Dingxin, are set to collaborate with ICBC Capital, acting as dual General Partners (GPs), to establish the CCCC Gongrong Transportation Information Technology (Chongqing) Venture Capital Fund. This fund boasts a substantial size of RMB 1 billion. Specifically, the subsidiaries of China Communications Construction will collectively contribute RMB 200 million, while the affiliated entity, Xinke Group, will also invest RMB 200 million. Entities related to ICBC will subscribe RMB 300 million, and the Chongqing Industrial Mother Fund will similarly invest RMB 300 million. The fund's primary investment focus will be on sectors such as intelligent transportation systems, smart construction technologies, and the low-altitude economy. Importantly, this fund will not be included in the company's consolidated financial statements. This transaction, which involves a related-party amount of approximately RMB 200 million, has received approval from the board of directors.