Jiangsu Ninghu Expressway Co., Ltd. announced that it plans to acquire 65%, 22.82%, and 12.18% of the shares of Suxi Changnan Expressway Company held by Jiangsu Transportation Holdings, Wuxi Transportation, and Changzhou Traffic Control respectively for 7.341 billion yuan, and will hold 100% of the shares in the target company after completion. The counterparty promised that the cumulative net profit of the 2026-2028 target company will not be less than 611 million yuan. If it fails to meet the promise, 95% will be compensated according to the shareholding ratio. About 30% of the purchase price was paid with own capital, and about 70% was paid with a merger and acquisition loan. In addition, the company plans to pay an interim dividend of $0.25 per share in 2026, for a total of approximately $1,259 million. The above matters still need to be submitted to the Extraordinary General Meeting of Shareholders for consideration.

Jiangsu Ninghu Expressway Co., Ltd. announced that it plans to acquire 65%, 22.82%, and 12.18% of the shares of Suxi Changnan Expressway Company held by Jiangsu Transportation Holdings, Wuxi Transportation, and Changzhou Traffic Control respectively for 7.341 billion yuan, and will hold 100% of the shares in the target company after completion. The counterparty promised that the cumulative net profit of the 2026-2028 target company will not be less than 611 million yuan. If it fails to meet the promise, 95% will be compensated according to the shareholding ratio. About 30% of the purchase price was paid with own capital, and about 70% was paid with a merger and acquisition loan. In addition, the company plans to pay an interim dividend of $0.25 per share in 2026, for a total of approximately $1,259 million. The above matters still need to be submitted to the Extraordinary General Meeting of Shareholders for consideration.