Jiangsu Expressway details strategic investment, governance changes, and Q3 results

Jiangsu Expressway announced a RMB 249,704.7775 increase in capital to its subsidiary, Jiangsu Danjin Expressway Company Limited, maintaining its 74.5998% stake. This boosts Danjin Expressway’s registered capital to RMB 523,826.5840 million. The company also disclosed a RMB 2.1 million software service and RMB 10 million mechanical and electrical engineering service contract with its connected persons, Nanjing Gandong Technology Co., Ltd. and Jiangsu Yuanchuang Transportation Technology Co., Ltd. for the Nanjing toll station’s digital transformation project.

In a significant governance shift, Jiangsu Expressway will abolish its supervisory board, transferring its functions to the audit committee of the board of directors. This change necessitates revisions to the company's articles of association and related internal rules, aiming to streamline operations and enhance corporate compliance.

The company's Q3 2025 financial results reported total operating revenue of RMB 12,981,379 thousand, a decrease of 7.66% year-on-year, primarily due to reduced construction revenue and decreased oil product sales. Net profit attributable to shareholders was RMB 3,837,103,959.45, down 6.86% from the previous year.