Shenzhen Expressway: Shareholder stake increase triggers disclosure

Shenzhen Expressway announced that the shareholding ratio of a shareholder holding more than 5% of the company's shares, namely China Merchants Highway Network Technology Holdings Co., Ltd. ("China Merchants Highway"), increased, triggering a disclosure requirement. China Merchants Highway's direct and indirect holdings in Shenzhen Expressway rose from 7.52% to 8.00% as of April 15, 2025. This change was achieved through increased holdings of the company's H-shares via centralized bidding, involving 12,248,000 shares. Specifically, China Merchants Highway directly holds 91,092,743 A-shares and 57,384,000 H-shares. It also holds 54,556,000 H-shares through its wholly-owned subsidiary, Cornerstone Holdings Limited. The company confirmed that this change will not alter its controlling shareholder or ultimate controller.