In 2016, CTCE Group's bid amount of PPP Projects throughout this year is more than 30 billion RMB which becomes the top of China Railway Group Limited. We have signed the strategic cooperation framework (abstract) agreements with Jiujiang City, Yancheng City and CRRC Corporation Limited (CRRC); the PPP project investment contracts with Chizhou City; attended Haikou City Government investment project signing collective activity; signed with a total investment of 12.8 billion RMB with Shaoguan City on PPP project called Wengxin High-speed Road which is the largest new highway project of CTCE Group. Furthermore, it has successfully started Wuhu City rail transportation PPP project which has the investment of 14.6 billion RMB, and finally completed the first PPP project called G205 national highway reconstruction in Huangshan City and the newly built Meilin South road project.