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） （「本公司」） （股份編號： 995） 即將於2025年11月28日（星期五）舉行之臨時股東大會（或其任何續會）適用代表委任表格 與本代表委任表格有關之股份數目（註1） A股 H股 本人╱吾等（註2） 地址為 （股東賬戶號碼： 身份證號碼： ） 持有本公司股份：A股 股╱H股 股現委任（註3 ） 身份證號碼： （地址為 ）為本人╱ 吾等的代表 （如未能出席，則委任大會主席為本人╱吾等的代表）代表本人╱吾等出席2025年11月28日（星期五）下午二時三十分 在中華人民共和國安徽省合肥市望江西路520號本公司會議室召開的臨時股東大會（或其任何續會）（「大會」），並代 表本人╱吾等依照下列指示就決議案表決。如無作出指示，則受委代表可自行決定投贊成票、反對票或棄權票。（註6） | 序號 | 審議事項 | 贊成（註4） | 反對（註4） | 棄權（註4） | | --- | --- | --- | --- | --- | | | 特別決議案 | | | | | 1. | 審議及批准 ...

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通告之內容概不負責，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通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。 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） – 1 – 1. 批准修訂公司章程，包括取消監事會、廢止監事會工作條例及變更公司註冊資 本。 2. 批准修訂本公司股東大會議事規則。 3. 批准修訂本公司董事會工作條例。 普通決議案 4. 批准修訂本公司獨立董事工作制度。 承董事會命 安徽皖通高速公路股份有限公司 （股份編號： 995） 臨時股東大會通告 茲通告安徽皖通高速公路股份有限公司（「本公司」）謹訂於2025年11月28日（星期 五）下午二時三十分在中國安徽省合肥市望江西路520號本公司會議室舉行臨時股 東大會（「臨時股東大會」）。除另有指明外，本通告所用詞彙與本公司日期為2025 年11月10日的通函所界定者具有相同涵義。 即將舉行的臨時股東大會將處理以下事項： 特別決議案 凡於2025年11月25日（星期 ...

此乃要件 請即處理 如 閣下對本通函各方面或應採取之行動有任何疑問， 閣下應諮詢股票經紀或其他註冊證 券交易商、銀行經理、律師、專業會計師或其他專業顧問。 如 閣下已售出或轉讓名下所有之安徽皖通高速公路股份有限公司之股份， 閣下應立即將 本通函送交買主、承讓人、經手買賣或轉讓的銀行、股票經紀或其他代理商，以便轉交買主 或承讓人。 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通函之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不就因本通函全部或任何部分內容而產生或 因依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） 建議取消監事會及修訂公司章程、股東大會議事規則、 董事會工作條例及獨立董事工作制度 臨時股東大會通告 本公司謹訂於2025年11月28日（星期五）下午二時三十分在中國安徽省合肥市望江西路520號 本公司會議室舉行臨時股東大會，召開臨時股東大會的通告，連同隨附的代表委任表格分別 於2025年11月10日發出及於聯交所網 ...

Core Viewpoint - The 2025 Xiamen Industrial Development Conference and the Golden Bull Award Ceremony recognized Anhui Wantuo Expressway for its strong shareholder return capabilities, highlighting its status as a quality blue-chip stock in the Hong Kong market [1] Group 1: Event Overview - The event was themed "Innovation in Science and Technology, Foundation in Industry, Collaborative Win-Win" and took place in Xiamen on November 8 [1] - The Golden Bull Award is an authoritative evaluation activity by China Securities Journal, emphasizing transparency and professionalism in recognizing high-quality development among Hong Kong-listed companies [1] Group 2: Company Performance - Anhui Wantuo Expressway has maintained a stable operating strategy and attractive investor return mechanism, with a cash dividend ratio exceeding 60% for three consecutive years [1] - The company has cumulatively distributed over 10 billion yuan in dividends since its listing, setting a benchmark for "returning value and keeping promises" in the capital market [1]

Investment Rating - The report maintains a "Recommendation" rating for the transportation industry [3] Core Insights - The transportation industry is experiencing a recovery, with various segments showing potential for growth, particularly in shipping, infrastructure, aviation, and express delivery [7][19][22][20] Shipping - The shipping sector is seeing mixed price movements, with the SCFI for the US East route down 17.2% and the Southeast Asia route up 6.4% [11] - The report highlights the importance of monitoring the price increases in container shipping and the potential recovery in oil tanker rates due to improved US-China trade relations [16][12] Infrastructure - Key metrics indicate a decline in truck traffic and railway cargo, while port throughput has increased significantly, suggesting a shift in market dynamics [17][18] - The report emphasizes the potential for dividend stocks in the infrastructure sector, particularly in ports, which are currently undervalued [19] Aviation - The aviation sector shows a positive trend with a 7.2% year-on-year increase in passenger volume, driven by improved demand and a low base effect [22] - The report suggests that the industry is poised for profitability in 2026, with a focus on valuation recovery and potential investment opportunities in major airlines [22] Express Delivery - The express delivery sector is benefiting from a reduction in price competition, with a notable increase in business volume and revenue [20] - The report indicates that the "anti-involution" policies are helping to stabilize prices and improve profitability in the sector [20] Logistics - The logistics segment is experiencing stable performance, with cross-border air freight prices showing a week-on-week increase [23] - The report notes the importance of monitoring the daily traffic at key ports and the implications for logistics operations [23]

Core Points - The major shareholder, China Merchants Highway Network Technology Holdings Co., Ltd. (招商公路), has reduced its stake in Anhui Wantuo Expressway Co., Ltd. (安徽皖通高速公路股份有限公司) by selling 1,320,200 A-shares from October 31 to November 4, 2025 [1][2] - Following the reduction, China Merchants holds 402,871,301 A-shares, representing 23.58% of the total share capital, while its wholly-owned subsidiary, Cornerstone Holdings Limited (佳选控股), holds 92,396,000 H-shares, accounting for 5.41% [1][2] - The total shareholding of China Merchants and its subsidiary amounts to 495,267,301 shares, which is 28.99% of the total share capital [1][2] Shareholding Changes - The shareholding percentage of China Merchants and its concerted actions decreased from 29.06% to 28.99% due to the recent sale [2] - This reduction in stake does not lead to any changes in the controlling shareholder or actual controller of the company, nor does it significantly impact the corporate governance structure or ongoing operations [2] Future Plans - The share reduction is part of a previously disclosed plan, and it does not trigger a mandatory tender offer [2] - As of the announcement date, the share reduction plan has not been fully executed, and further sales will depend on market conditions [2]

Core Viewpoint - The announcement details a reduction in shareholding by a major shareholder,招商局公路网络科技控股股份有限公司, which has decreased its stake in 安徽皖通高速公路股份有限公司 from 29.06% to 28.99% through the sale of 1,320,200 A-shares between October 31 and November 4, 2025 [2][3]. Group 1: Shareholding Changes - 招商局公路 has reduced its direct holding of A-shares to 402,871,301, representing 23.58% of the total share capital [2]. - Through its wholly-owned subsidiary, 佳选控股有限公司, 招商局公路 holds an additional 92,396,000 H-shares, accounting for 5.41% of the total share capital [2]. - The total combined shareholding of 招商局公路 and 佳选控股 in 安徽皖通 is now 495,267,301 shares, which is 28.99% of the total share capital [2]. Group 2: Impact and Future Plans - The reduction in shareholding will not lead to changes in the controlling shareholder or the actual controller of the company, nor will it significantly impact the company's governance structure or ongoing operations [3]. - This share reduction is part of a previously disclosed plan and does not trigger a mandatory tender offer [3]. - 招商局公路's reduction plan is not yet complete, and future sales of A-shares will depend on market conditions [3].

Core Points - Anhui Wantuo Expressway (600012) announced that its major shareholder, China Merchants Highway Network Technology Holdings Co., Ltd. (招商公路), reduced its stake in the company by selling 1.3202 million A-shares from October 31 to November 4, 2025 [1] - As of November 4, 2025, China Merchants Highway directly held 402,871,301 A-shares, accounting for 23.58% of the total share capital [1] - Through its wholly-owned subsidiary, Cornerstone Holdings Limited (佳选控股), China Merchants Highway held an additional 92,396,000 H-shares, representing 5.41% of the total share capital [1] - The combined holdings of China Merchants Highway and Cornerstone Holdings amounted to 495,267,301 shares, which is 28.99% of the total share capital [1]

Core Viewpoint - Anhui Wantong Expressway (00995) announced that its major shareholder, China Merchants Highway Network Technology Holdings Co., Ltd. (referred to as "China Merchants Highway"), reduced its stake in the company by selling 1.3202 million A-shares between October 31, 2025, and November 4, 2025 [1] Summary by Relevant Sections - **Shareholding Changes** - China Merchants Highway reduced its holdings by 1.3202 million A-shares during the specified period [1] - As of November 4, 2025, China Merchants Highway directly held 402,871,301 A-shares, representing 23.58% of the total share capital [1] - Through its wholly-owned subsidiary, Cornerstone Holdings Limited, China Merchants Highway held 92,396,000 H-shares, accounting for 5.41% of the total share capital [1] - The combined holdings of China Merchants Highway and Cornerstone Holdings amounted to 495,267,301 shares, which is 28.99% of the total share capital [1]

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」）在中國大陸報章刊登及上海證 券交易所網站發佈的公告如下，僅供參閱。 關於持股5%以上股東權益變動觸及1%刻度的提示性公告 承董事會命 本公司董事会及全体董事保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： 安徽皖通高速公路股份有限公司 公司秘書 簡雪艮 2025年11月5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楊建國；以及獨立非執行董事章劍平、盧太平及趙建 莉。 | 证券代码：600012 | 证券简称：皖通高速 ...