Chapter 1 General Provisions Article 1 In order to enable multi-economic development to obtain long-term and stable funds, establish a paid occupation system for funds, and improve the efficiency and effectiveness of fund utilization, it was decided to establish the Multi-Economic Development Fund of the Ministry of Railways from the beginning. Since 1995, low-interest loans have been used to support the construction of key economic projects. Article 2 To use the multi-economic development fund, one must conscientiously implement relevant national guidelines and policies, capital construction plans and procedures, save construction funds, improve investment efficiency, and repay loans on schedule. Article 3 The ownership of the Multi-Economy Development Fund belongs to the Ministry of Railways. The fund has a special account and is deposited in the Ministry’s Fund Utilization and Clearing Center (hereinafter referred to as the Fund Center). The Multi-Economy Development Center of the Ministry (hereinafter referred to as the “Two Economics Center”) is responsible for its use. The Finance Department of the Ministry is responsible for revenue and expenditure accounting and fund use supervision. Chapter 2 Sources and Management of Funds Article 4 Sources of multi-economic development funds:

1. Multi-economic development working capital funds allocated by the state to the Ministry of Railways in 1991 and 1992;

2 ．In 1994 and 1995, many enterprises in the transportation system paid income tax to the Ministry of Railways;

3. The Ministry of Railways has obtained special loans from banks;

4. The net income of the fund after paying taxes and fees in accordance with the law;

5. Other funds from the Ministry of Railways used to support multi-economic development. Article 5: Multi-economic development fund investment plans shall be subject to unified planning and hierarchical management.

The total annual investment of the fund is determined by the Ministry of Railways. The Ministry of Railways’ allocation principle for the investment quota of each bureau is as follows: the income tax paid by each bureau in 1994 and 1995, except for a small amount that is centrally used by the ministry, is used as a loan for the bureau, and the ministry unevenly adjusts it among the bureaus; the part of the ministry’s centralized financing measures is used to support the whole country. Construction of important backbone road projects. The approval and application procedures for investment plan projects shall be handled by the railway bureau's multi-level administrative departments in conjunction with the planning department, and reported to the Ministry of Economics and Economics Center, which shall jointly review and approve the projects with the Planning Department. After the project is approved, the Railway Bureau signs a loan contract with the Ministry of Economics and Economics Center in accordance with the business regulations of the Ministry's Fund Center, and the Finance Department of the Ministry handles the appropriation procedures accordingly. The Ministry's Fund Center will allocate funds promptly after the contract is signed. The Finance Department of the Ministry of Finance reports the fund income and expenditure to the Center for Economic and Social Affairs on a quarterly basis.

The income tax formed by Guangzhou Railway (Group) Company in 1994 and 1995 was used as a loan from the Ministry to Guangzhou Railway (Group) Company to support the development of the (Group) Company in multiple businesses. The loan period is 3 Years, interest will be paid to the Ministry of Railways yearly within 3 years, and the principal will be repaid in one lump sum when due. Investment projects will still be arranged by Guangzhou Railway (Group) Company itself, and loan projects and amounts will be reported to the Ministry of Finance for review. After repaying the principal and interest on the loan, the total amount that can be repaid if necessary is Yin, and you can continue to apply for a low-interest loan from the fund. Article 6: Each bureau shall incorporate construction projects into plan management at all levels according to their affiliation and planning authority. Chapter 3 Interest Rate and Term Article 7 For loans from the Ministry of Railways to the Railway Bureau, which are sources of funds in Items 1 and 2 of Article 4 of these Measures, the annual interest rate for 1-year loans is tentatively set at 4%; the annual interest rate for 2-year loans is tentatively set at 4%. The annual interest rate for a three-year loan is tentatively set at 6%; for loans other than items 1 and 2, the interest rate is calculated based on the cost of borrowed funds. Article 8 The loan period generally does not exceed 3 years. If it needs to exceed 3 years in some cases, special application must be submitted for approval, and the interest rate will be determined separately. Chapter 4 Loan Payment and Repayment of Principal and Interest Article 9 The Ministry of Railways implements unified borrowing and repayment for the Railway Bureau. The railway bureau shall sign loan contracts for its subordinate multi-economic enterprises based on the approved construction projects. Article 10 The loan contract shall have the following main terms:

1. The name and purpose of the loan project;

2. Loan amount;

3. Borrowing interest rate;

4. Loan period;

5. Repayment date;

6. Warranty terms and liability for breach of contract;

7. Guarantee unit;

8. Other terms agreed upon by both parties. Article 11 The Borrowing Bureau shall pay interest to the Ministry of Railways on an annual basis according to the interest rate stipulated in the contract, and the principal shall be repaid in one lump sum at the end of the term. Article 12 If the borrowing bureau fails to repay the principal and interest on time, the Ministry of Railways will not issue the next batch of loans to it. At the same time, the Finance Department of the Ministry will deduct it from the bureau's "upper and lower levels", and charge late fees and penalty interest on a daily basis. is 0.1%. The financial departments of each bureau provide repayment guarantees for the multi-economic development funds borrowed by the bureau and supervise the use of funds. Chapter 5 Supplementary Provisions Article 13 Loan contracts signed before the end of 1994 shall still be executed in accordance with the contracts. Article 14: These Measures shall come into effect on January 1, 1995, and shall be interpreted by the Ministry of Education and Economics Center. If the relevant provisions of the Qianfa conflict with these Measures, these Measures shall prevail.