Jiangsu Expressway Company Limited will convene its 2025 Annual General Meeting on 15 June 2026 at 15:00 in Nanjing, with simultaneous online voting via the SSE Online Voting System. Shareholders on record as of the market close on 5 June 2026 are eligible to attend; the H-share register will be closed from 26 May to 15 June 2026.
Key ordinary resolutions:
• Operations & Dividend: Shareholders will review the 2025 Board work report, the 2025 financial statements and audit report, and a proposed cash dividend of RMB0.49 per share (tax inclusive).
• Auditor: Re-appointment of KPMG Huazhen LLP as external auditor for 2026 at a total fee of RMB3.46 million, comprising RMB2.50 million for the financial report audit and RMB0.96 million for the internal control audit.
• Debt Issuance: – Registration and issuance of medium-term notes up to RMB4.00 billion. – Registration and issuance of ultra-short-term notes up to RMB4.00 billion. – Public issuance of corporate bonds with an aggregate cap of RMB8.00 billion, covering terms such as price, tenor, coupon, guarantee and underwriting method. – Application for unified registration of debt-financing instruments during the approved validity period.
• Governance & Insurance: Renewal of directors’ and senior management liability insurance with an annual premium not exceeding RMB0.20 million, adoption of a new remuneration management scheme, and adjustment to directors’ allowance standards.
• Board Changes: Proposed election of two non-executive directors—Ms. Zhou Lili and Mr. Liu Gang—whose terms would run until the 2026 AGM.
Special resolution:
• Share-Issuance Mandate: The Board seeks a 12-month general mandate to issue additional A- or H-shares, or related securities, up to 20% of the respective share classes outstanding at the date of approval, and to adjust the registered capital accordingly.
Voting will be conducted by poll both onsite and online. Forms of proxy and attendance confirmations must reach the company (or Computershare Hong Kong Investor Services for H-shareholders) by 14 June 2026.