JIANGSU EXPRESSWAY COMPANY LIMITED 江蘇寧滬高速公路股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00177） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 海外監管公告 2025年度第十期超短期融資券發行情況公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條 規 定 作 出。 茲 載 列 本 公 司 在 上 海 證 券 交 易 所 網 站 及 中 國 報 章 刊 登 的 公 告。 # 非執行董事 * 獨立非執行董事 股票代码：600377 股票简称：宁沪高速 编号：临2025-046 江苏宁沪高速公路股份有限公司 特 此 公 告。 承董事會命 汪 鋒 執行董事 中 國‧南 京，2025年10月16日 於 本 公 告 日 期，本 公 司 董 事 為： 陳雲江 # 、王穎健 # 、謝蒙萌 # 、汪鋒、張新宇、 ...

Core Viewpoint - Ninghu Expressway's stock price has shown fluctuations, with a recent increase of 2.07%, while the company faces a year-to-date decline of 10.26% in stock price [1] Group 1: Stock Performance - As of October 14, Ninghu Expressway's stock price reached 13.30 CNY per share, with a trading volume of 1.30 billion CNY and a market capitalization of 67.002 billion CNY [1] - The stock has experienced a 4.97% increase over the last five trading days, but remains unchanged over the past 20 days and has decreased by 9.71% over the last 60 days [1] Group 2: Financial Performance - For the first half of 2025, Ninghu Expressway reported a revenue of 9.406 billion CNY, a year-on-year decrease of 5.56%, and a net profit attributable to shareholders of 2.424 billion CNY, down 11.81% year-on-year [2] - Cumulatively, the company has distributed 41.209 billion CNY in dividends since its A-share listing, with 7.154 billion CNY distributed over the last three years [3] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders increased by 6.83% to 29,600, while the average circulating shares per person decreased by 6.48% to 130,100 shares [2] - Among the top ten circulating shareholders, Hongli Low Volatility (512890) increased its holdings by 2.8449 million shares, while the Jiashi CSI 300 Low Volatility ETF (515300) reduced its holdings by 1.2934 million shares [3] Group 4: Business Overview - Ninghu Expressway, established on August 1, 1992, and listed on January 16, 2001, primarily engages in the investment, construction, operation, and management of toll roads and bridges within Jiangsu Province [1] - The company's main revenue sources include construction services (46.84%), toll fees (41.07%), and other services such as electricity sales and leasing [1]

Core Insights - The article highlights the short-selling ratios and amounts for various companies, indicating significant market sentiment towards these stocks [1][2] Short-Selling Ratios - AIA Group Limited (友邦保险-R) and Anta Sports Products Limited (安踏体育-R) both have a short-selling ratio of 100.00%, indicating extreme bearish sentiment [1] - China Mobile Limited (中国移动-R) has a short-selling ratio of 84.48%, suggesting a notable level of short interest [1] Short-Selling Amounts - Alibaba Group Holding Limited (阿里巴巴-SW) leads in short-selling amount with 6.289 billion, followed by Xiaomi Corporation (小米集团-W) at 4.095 billion and Tencent Holdings Limited (腾讯控股) at 3.779 billion [2] - Other notable companies in the top short-selling amounts include Meituan (美团-W) at 1.692 billion and Semiconductor Manufacturing International Corporation (中芯国际) at 1.525 billion [2] Deviation Values - The highest deviation value is for Xinyuan Renewable Energy (协合新能源) at 40.24%, indicating a significant difference from its historical short-selling average [1][2] - Other companies with high deviation values include Jiangsu Nanjing Highway (江苏宁沪高速公路) at 26.40% and AIA Group Limited (友邦保险-R) at 26.17% [1][2]

Core Insights - The article highlights the top short-selling ratios and amounts for various companies, indicating significant market sentiment towards these stocks [1][2][3] Short-Selling Ratios - Anta Sports-R (82020) has the highest short-selling ratio at 100.00%, followed by China Resources Beer-R (80291) at 83.97% and AIA Group-R (81299) at 83.31% [1][2] - Other notable companies with high short-selling ratios include Baidu Group-SWR (89888) at 82.82% and China Mobile-R (80941) at 81.66% [2][3] Short-Selling Amounts - Alibaba-SW (09988) leads in short-selling amount with 3.286 billion, followed by Tencent Holdings (00700) at 1.980 billion and HSBC Holdings (00005) at 1.745 billion [1][3] - Other companies with significant short-selling amounts include SMIC (00981) at 1.343 billion and Zijin Mining (02899) at 1.338 billion [3] Deviation Values - Baidu Group-SWR (89888) has the highest deviation value at 45.67%, indicating a significant difference from its average short-selling ratio over the past 30 days [1][3] - Jiangsu Nanjing-Hu Highway (00177) follows with a deviation value of 36.97%, and China Lilang (01234) at 34.06% [1][3]

Core Viewpoint - Jiangsu Ninghu Highway Company has received a registration notice allowing it to issue up to RMB 4 billion in short-term financing bonds over the next two years, starting from December 30, 2024 [1] Group 1: Financing Details - The company can issue short-term financing bonds with a total scale not exceeding RMB 4 billion within a two-year period [1] - The first issuance under this registration is the 9th phase of short-term financing bonds for 2025, with a total issuance amount of RMB 250 million and an interest rate of 1.63% [1]

Core Viewpoint - Jiangsu Ninghu Expressway Co., Ltd. has received a registration acceptance notice from the China Interbank Market Dealers Association, allowing the company to issue up to RMB 4 billion in short-term financing bonds over a two-year period starting December 30, 2024 [1] Group 1 - The company plans to issue short-term financing bonds with a total scale not exceeding RMB 4 billion [1] - The first issuance under this registration is the 9th phase of short-term financing bonds for 2025, with a total issuance amount of RMB 250 million and an interest rate of 1.63% [1]

Core Points - Jiangsu Ninghu Expressway (00177.HK) announced the issuance of the 9th phase of ultra-short-term financing bonds for 2025, with a total issuance amount of 250 million yuan and an issuance interest rate of 1.63% [1]

（於中華人民共和國註冊成立的股份有限公司） （股份代號：00177） JIANGSU EXPRESSWAY COMPANY LIMITED 江蘇寧滬高速公路股份有限公司 海外監管公告 2025年度第九期超短期融資券發行情況公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條 規 定 作 出。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 中 國‧南 京，2025年10月10日 於 本 公 告 日 期，本 公 司 董 事 為： 陳雲江 # 、王穎健 # 、謝蒙萌 # 、汪鋒、張新宇、楊少軍 # 、楊建國 # 、馬忠禮 # 、 徐 光 華 * 、葛 揚 * 、顧 朝 陽 * 、譚 世 俊 * 、孫 立 軍 * # 非執行董事 * 獨立非執行董事 股票代码：600377 股票简称：宁沪高速 编号：临2025-045 江苏宁沪高速公路股份有限公司 茲 載 列 本 公 司 在 ...

股票代码：600377 股票简称：宁沪高速 编号：临2025-045 江苏宁沪高速公路股份有限公司 2025 年度第九期超短期融资券发行情况公告 | 有效申购家数 | 5 家 | | 有效申购金额 | 2.65 亿元 | | --- | --- | --- | --- | --- | | 簿记管理人 | | 江苏银行股份有限公司 | | | | 主承销商 | | | 江苏银行股份有限公司 | | | 联席主承销商 | | | / | | 特此公告。 江苏宁沪高速公路股份有限公司 2025年10月10日 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 江苏宁沪高速公路股份有限公司（以下简称"本公司"）于 2024 年 12 月收 到中国银行间市场交易商协会的《接受注册通知书》（中市协注〔2024〕SCP401）, 根据《接受注册通知书》，本公司自 2024 年 12 月 30 日起 2 年内可分期发行规 模不超过人民币 40 亿元的超短期融资券。 于 2025 年 9 月 30 日，本公司发行了 2025 年度第九期超短期融资券 ...

Meeting Overview - The 15th meeting of the 11th Supervisory Board of Jiangsu Ninghu Expressway Co., Ltd. was held on September 30, 2025, in Nanjing, combining in-person and video conferencing [2] - All five supervisors attended the meeting, and the meeting complied with the relevant provisions of the Company Law and the company's Articles of Association, making the resolutions valid [4][5] Resolutions Passed - The meeting reviewed and approved the proposal regarding the supplementary expected daily related transactions for the year 2025 [6] - The voting results were unanimous, with all five votes in favor [7][8] Board Meeting Overview - The 15th meeting of the 11th Board of Directors was also held on September 30, 2025, using a similar format [11] - All 13 directors attended the meeting, and it complied with legal and regulatory requirements, ensuring valid resolutions [13][14] Resolutions Passed by the Board - The Board approved the proposal regarding supplementary expected daily related transactions for 2025, allowing the company to enter into various agreements for daily related transactions [15] - The voting results were unanimous, with all ten votes in favor for each of the proposed transactions [16][18][20][22][24][26][28][30][32][34][36][38] Details of Related Transactions - The company signed supplementary agreements for various daily related transactions, including: 1. Road maintenance and repair projects with Jiangsu Modern Road and Bridge Co., Ltd. [15] 2. Bridge inspection services with Jiangsu Modern Engineering Testing Co., Ltd. [17] 3. Promotional activities with Jiangsu Transportation Culture Media Co., Ltd. [19] 4. Charging station construction with Jiangsu Zhenyang Transportation Technology Co., Ltd. [21] 5. Air conditioning procurement with Jiangsu Jiaokong Commercial Operation Management Co., Ltd. [23] 6. Gas station leasing with Jiangsu Expressway Energy Development Co., Ltd. [25] 7. Communication pipeline leasing with Jiangsu Digital Transportation Research Institute Co., Ltd. [27] 8. Emergency bridge repair services with Jiangsu Huayuan Engineering Technology Co., Ltd. [29] 9. Bridge inspection projects with Jiangsu Huahui Engineering Technology Co., Ltd. [31] 10. Solar power station construction and electricity sales with Jiangsu Runyang Bridge Development Co., Ltd. [33] 11. Similar agreements with Jiangsu Lianxu Expressway Co., Ltd. [35] 12. Tunnel emergency response project with China Merchants Chongqing Transportation Research and Design Institute Co., Ltd. [39] Transaction Approval and Fairness - The board and independent directors believe that the terms of these transactions are fair and reasonable, do not harm the interests of the company or its minority shareholders, and align with the overall interests of the company and its shareholders [40][43][79]