Major shareholder reduces stake in Anhui Expressway

Anhui Expressway announced that its major shareholder, China Merchants Highway Network Technology Holdings, has concluded its share reduction plan. During the period from September 22, 2025, to December 21, 2025, China Merchants Highway sold 8,408,959 A-shares through centralized bidding. This represents 0.492% of Anhui Expressway's total share capital.

The shares were sold within a price range of 15.00 yuan to 15.79 yuan per share, totaling a transaction value of 130,023,750.70 yuan. Prior to this reduction, China Merchants Highway held 496,587,501 shares, accounting for 29.064% of the company's total share capital.

Following the completion of this plan, China Merchants Highway's stake in Anhui Expressway now stands at 488,178,542 shares, or 28.572% of the total share capital. The initial plan had targeted a reduction of up to 3.00%, indicating that the completed reduction was less than the maximum planned amount.