Group 1 - The stock price of Anhui Wantuo Expressway (00995.HK) closed at HKD 12.620 on June 10, reflecting a 2.77% increase from the previous trading day, with an intraday high of HKD 12.740, marking a nearly one-year high [1] - The net capital inflow for the day was HKD 321.16 million, with a total of HKD 748.296 million flowing in and HKD 427.140 million flowing out [1] Group 2 - Anhui Wantuo Expressway Co., Ltd. was established on August 15, 1996, and is the first expressway company listed in Hong Kong, as well as the only publicly listed expressway company in Anhui Province [2] - The company primarily engages in the investment, construction, operation, and management of toll roads within Anhui Province, generating revenue through toll fees for vehicles [2] - The company owns various expressways and bridges in Anhui, including the G40 Huhang Expressway and the Anqing Yangtze River Bridge, and provides management services for approximately 4,163 kilometers of expressways [2] - The company is exploring additional revenue streams through advertising along highways, financial services, and fund investments to enhance profitability and ensure sustainable development [2]

Core Viewpoint - The legal opinion letter from Grandall Law Firm confirms that Anhui Wantuo Expressway Co., Ltd. can proceed with a non-public issuance of H shares to Anhui Transportation Holding Group (Hong Kong) Co., Ltd. without the need to issue a tender offer, as it meets the relevant regulatory conditions [2][11][17]. Group 1: Investor Rights Changes - The legal opinion addresses the changes in investor rights related to the non-public issuance of shares and confirms that the issuance complies with the relevant laws and regulations [3][11]. - The opinion states that Anhui Wantuo Expressway has provided all necessary documentation to support the issuance and that the information is accurate and complete [3][5]. Group 2: Qualification of the Subscriber - Anhui Transportation Holding Group (Hong Kong) Co., Ltd. is confirmed to have legal entity status and is in good standing, with a registered capital of USD 24.8 million [5][6]. - The subscriber has no disqualifying conditions that would prevent it from acquiring H shares of Anhui Wantuo Expressway, as verified by the legal firm [6][17]. Group 3: Approvals and Authorizations - The board of directors of Anhui Wantuo Expressway has approved the issuance of H shares and authorized the necessary actions to complete the transaction [7][8]. - The shareholders' meeting has also granted general authorization for the issuance of new shares, allowing the board to act based on market conditions [8][9]. Group 4: Issuance Details - The non-public issuance involves the subscription of 49,981,889 H shares, with a total payment of HKD 522,310,740.05 made by the subscriber [11][17]. - The issuance is structured to ensure that the direct and indirect shareholding of Anhui Transportation Holding Group does not exceed the regulatory threshold for requiring a tender offer [17].

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之內容概不負責，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 等內容而引致之任何損失承擔任何責任。 安徽皖通高速公路股份有限公司 ANHUI EXPRESSWAY COMPANY LIMITED （於中華人民共和國註冊成立的股份有限公司） （股份編號： 995） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10(B)條而作出。 茲載列安徽皖通高速公路股份有限公司（「本公司」）在中國大陸報章及上海證券交 易所網站發佈的公告如下，僅供參閱。 (1)關於增發H股股份暨關聯交易的進展公告 (2)國浩律師（合肥）事務所關於安徽皖通高速公路股份有限公司 投資者權益變動及 非公開發行股份免於發出要約事宜之法律意見書 承董事會命 安徽皖通高速公路股份有限公司 公司秘書 李忠成 2025年6月9日 中國安徽省合肥市 截止本公告日，本公司董事會成員包括執行董事汪小文（主席）、余泳、陳季平及吳長明；非執行 董事楊旭東及杜漸；以及獨立非執行董事章劍平、盧太平及趙建莉。 | 股票代码：600012 | ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 安徽皖通高速公路股份有限公司 呈交日期： 2025年6月9日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 H | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 00995 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | 庫存股份變動 | | | | | 事件 | | 已發行股份（不包括庫存股份）數 目 | 佔有關事 ...

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之內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴該等 內容而引致之任何損失承擔任何責任。 根據一般授權完成發行新H股及 有關向交控香港公司發行H股之關連交易 緒言 茲提述(i)安徽皖通高速公路股份有限公司（「本公司」）刊發日期為2025年4月11日之 公告；(ii)本公司刊發日期為2025年4月30日之通函（「通函」）；及(iii)本公司刊發日 期為2025年5月23日之公告，內容分別有關本公司與交控香港公司訂立認購協議及 據此向交控香港公司發行新H股。除文義另有所指外，本公告所用詞彙與通函所界 定者具相同涵義。 本公告僅供說明用途，並不構成收購、購買或認購證券的要約邀請或招攬，或邀請訂立進行任何 有關事宜的協議，亦並非旨在邀請收購、購買或認購本公司任何證券的任何要約。 安徽皖通高速公路股份有限公司 ANHUI EXPRESSWAY COMPANY LIMITED （於中華人民共和國註冊成立的股份有限公司） （股份編號： 995） – 1 – 對本公司股權架構的影響 據董事經作出一切合理查詢後 ...

Group 1 - As of June 3, a total of 105 stocks reached their 52-week highs, with Huayin International Holdings (00989), Dingyifeng Holdings (00612), and Youquhui Holdings (02177) leading the high rate at 57.26%, 37.93%, and 23.02% respectively [1] - The closing prices and highest prices for the top three stocks are as follows: Huayin International Holdings at 1.370 and 1.950, Dingyifeng Holdings at 0.770 and 0.800, and Youquhui Holdings at 3.550 and 3.580 [1] - Other notable stocks that reached their 52-week highs include China Antibody-B (03681) with a high rate of 21.62% and Fengcheng Holdings (02295) at 19.52% [1] Group 2 - The report also lists stocks that reached their 52-week lows, with Des Holdings (08437) showing the largest decline at -38.79%, followed by Dimi Life Holdings (01667) at -20.50% [3] - The closing prices and lowest prices for the top three stocks that reached their lows are: Des Holdings at 0.177 and 0.071, Dimi Life Holdings at 0.140 and 0.128, and Lujizhi Technology (01745) at 0.197 and 0.194 [3] - Other stocks with significant declines include GBA Group (00261) at -11.48% and Baide International (02668) at -10.88% [3]

Summary of Wantuo Expressway Conference Call Company Overview - Wantuo Expressway operates key routes including He-Ning, Gao-Jie, and Xuan-Guang highways, which contribute significantly to revenue and profit. In 2024, He-Ning is expected to account for 39% of gross profit, Gao-Jie for 25%, and the three main routes together will exceed 75% of total profit [2][12][10]. Key Points and Arguments - **Revenue Growth**: The company anticipates significant growth in toll revenue with the opening of Xuan-Hang highway, which is expected to boost income substantially [2]. - **Differentiated Pricing Policy**: The implementation of a differentiated pricing policy in Anhui province is projected to enhance profitability by reducing truck discount amounts by approximately 110 million [2][24]. - **Acquisition Impact**: The planned acquisition of assets (Fuzhou and Suxu highways) is expected to contribute net profits of 227 million and 242 million in 2025 and 2026, respectively [2][23]. - **High Transport Revenue**: Wantuo Expressway's revenue per kilometer is leading in the industry, reaching 6.29 million yuan/km in 2024, ranking third [2][7]. - **High Truck Proportion**: The company has a high proportion of truck traffic, with some routes exceeding 70%, indicating a strong correlation with macroeconomic conditions and greater elasticity during economic recovery [2][5]. - **Infrastructure Expansion**: The completion of highway expansions has significantly improved profitability, with He-Ning highway traffic increasing by 41% and toll revenue by 19% post-expansion [2][18]. - **Depreciation Method**: The company uses the straight-line depreciation method, resulting in higher initial depreciation costs but lower costs in later years, which may enhance asset value and investment returns if toll collection periods are extended [2][14][21]. Financial Performance - **2024 Projections**: Revenue is expected to grow by 7% year-on-year, although vehicle toll revenue may decline by 5% due to macroeconomic factors [4][15]. Net profit is projected to increase by 1% due to reduced financial expenses [4][16]. - **Return on Equity (ROE)**: The company’s ROE is 13%, with a low debt-to-asset ratio of 39%, indicating potential for further growth through increased leverage [4][17]. - **Dividend Policy**: The dividend payout ratio has been increased to 60%, with a commitment to maintain this level through 2027, positioning the company favorably in terms of shareholder returns [4][25]. Risks and Considerations - **Market Risks**: Wantuo Expressway faces potential risks from traffic diversion and changes in highway policies, which require ongoing monitoring to ensure stable growth [4][26]. Additional Insights - **Strategic Location**: Anhui province serves as a crucial transportation hub connecting the Yangtze River Delta with central provinces, supporting stable freight demand due to its industrial structure [2][9]. - **Future Developments**: The company plans to enhance its profit sources through acquisitions and infrastructure improvements, with significant expected contributions from newly acquired assets [2][22]. This summary encapsulates the key insights from the conference call, highlighting Wantuo Expressway's strategic advantages, financial outlook, and potential risks.

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之內容概不負責，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 等內容而引致之任何損失承擔任何責任。 安徽皖通高速公路股份有限公司 ANHUI EXPRESSWAY COMPANY LIMITED 茲載列安徽皖通高速公路股份有限公司（「本公司」）在中國大陸報章及上海證券交 易所網站發佈的公告如下，僅供參閱。 關於召開2024年年度股東大會的通知 承董事會命 安徽皖通高速公路股份有限公司 公司秘書 李忠成 2025年5月30日 中國安徽省合肥市 （於中華人民共和國註冊成立的股份有限公司） （股份編號： 995） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10(B)條而作出。 （二） 股东大会召集人：董事会 （三） 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票 相结合的方式 （四） 现场会议召开的日期、时间和地点 截止本公告日，本公司董事會成員包括執行董事汪小文（主席）、余泳、陳季平及吳長明；非執行 董事楊旭東及杜漸；以及獨立非執行董事章劍平、盧太平及趙建莉。 | 证 ...

30 May 2025 Anhui Expressway Company Limited 安徽皖通高速公路股份有限公司 (incorporated in the People's Republic of China with limited liability as a joint stock company) （於中華人民共和國註冊成立的股份有限公司） (Stock Code 股份代號: 995) Dear non-registered shareholder(s), Reminder letter regarding the Arrangement of Electronic Dissemination of Corporate Communications With reference to the notification letter dated 6 May 2024 titled "Arrangement of Electronic Dissemination of Corporate Communications", Anhui Expressway Company Limited (the " ...

Anhui Expressway Company Limited 安徽皖通高速公路股份有限公司 (incorporated in the People's Republic of China with limited liability as a joint stock company) （於中華人民共和國註冊成立的股份有限公司） (Stock Code 股份代號: 995) Dear registered shareholder(s), 30 May 2025 Reminder letter regarding the Arrangement of Electronic Dissemination of Corporate Communications With reference to the notification letter dated 6 May 2024 titled "Arrangement of Electronic Dissemination of Corporate Communications", Anhui Expressway Company Limited (the "Comp ...