China Merchants Expressway expands leasing, reappoints KPMG for 2025 audit

China Merchants Expressway Network & Technology Holdings announced a new finance lease business with China Merchants Finance Leasing Co., Ltd., with a total finance amount not exceeding 3 bn yuan. This transaction is considered a connected transaction as both entities share China Merchants Group Co., Ltd. as their ultimate controlling shareholder. The board approved the transaction on October 24, 2025.

The company also confirmed the reappointment of KPMG Huazhen LLP as its 2025 audit firm, pending shareholder approval at the upcoming extraordinary general meeting. The board approved revisions to several corporate governance documents, also subject to shareholder approval. An extraordinary general meeting is scheduled for November 11, 2025, to vote on these proposals.

In its Q3 2025 report, China Merchants Expressway Network & Technology Holdings reported total assets of 160.88 bn yuan and total liabilities of 71.20 bn yuan as of June 30, 2025. The company's net profit for the first half of 2025 was 63.38 m yuan.