Jiangsu Expressway (00177.HK) announced on June 26 that the company approved the 'Proposal on Extending the Duration of Zhongbei Zhiyuan Fund ' during the 1st meeting of the 11th Board of Directors held on June 26, 2024. The extension does not require approval from the company's shareholders' meeting, does not involve related-party transactions, and does not constitute a significant asset restructuring as defined in the Measures for the Administration of Major Asset Restructuring of Listed Companies.

The extension of the fund's duration is based on a comprehensive assessment of the industry market environment and investment projects, which is in line with the actual operation of the investment fund, does not change the company's original equity, and will not have a significant impact on the company's performance and business operation. There is no situation that harms the interests of the company and all shareholders, especially small and medium-sized shareholders.