(Formerly known as China Shandong Hi-Speed Financial Group Limited) ...

(An exempted company incorporated in the Cayman Islands with limited liability) ...

The Executive Committee was established in August 2005 and operates as an executive management committee under the Board to monitor and control the financial and operational performance of the Group.

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(A joint stock company incorporated in the People's Republic of China with limited liability) ...

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204 2023 Annual Report Transport International Holdings Limited NOTES TO THE FINANCIAL STATEMENTS (Expressed in Hong Kong dollars unless otherwise indicated) 1 Material accounting policies (continued) ...

(incorporated in the Cayman Islands and continued in Bermuda with limited liability) ...