China State Construction's controlling shareholder completes share acquisition plan

China State Construction Engineering Corp announced that its controlling shareholder, China State Construction Engineering Group Co., Ltd., completed its share increase plan between October 16, 2024, and October 15, 2025. During this period, the Group cumulatively increased its holdings by 112,185,388 A-shares through centralized bidding on the Shanghai Stock Exchange, representing approximately 0.27% of the company's total share capital. The total amount invested was CNY 623,206,575.04 (excluding taxes and fees).

This share increase satisfied the minimum investment target of CNY 600m, without exceeding the CNY 1.2bn maximum announced in the original plan. As a result of this acquisition, China State Construction Engineering Group Co., Ltd. now holds 23,843,727,325 A-shares, accounting for approximately 57.70% of China State Construction Engineering Corp.'s total share capital.

King & Wood Mallesons, Beijing, confirmed that the share increase complies with relevant laws and regulations. The Group's increased stake does not affect China State Construction Engineering Corp.'s listing status, and the company has fulfilled its current information disclosure obligations.