Gelonghui, April 23 | Shandong Express (600350.SH) announced that Qilu Expressway, an H-share listed subsidiary of the company, recently received the “Filing Notice Concerning the “Full Circulation” of Unlisted Shares in Qilu Expressway Co., Ltd. (China Cooperation Letter (2024) No. 809) (hereinafter referred to as the “Notice of Filing”) from the China Securities Regulatory Commission. The main contents of the “Notice of Filing” are now announced as follows:

1. The two shareholders of Qilu Expressway plan to convert their total domestic unlisted shares of 900,000,000 shares (of which the company holds 778.5 million shares of Qilu Expressway) into overseas listed shares and list them for circulation on the Hong Kong Stock Exchange. Qilu Expressway shall strictly abide by relevant domestic and foreign laws, regulations and rules during the share conversion process. 2. Qilu Expressway has not completed the share conversion within 12 months from the date of issuance of the “Notice of Filing”. If it plans to continue, it shall submit updated filing materials to the China Securities Regulatory Commission.