Zhi Tong Cai Jing·2025-12-18 14:45Core Viewpoint - Jiangsu Ninghu Expressway (600377) announced that its controlling shareholder, Jiangsu Transportation Holding Co., Ltd. (referred to as "Jiangsu Jiao Control"), has increased its stake in the company through its wholly-owned subsidiary, Jiangsu Yunsong Capital Management Co., Ltd. (referred to as "Yunsong Capital") [1] Group 1 - Jiangsu Yunsong Capital acquired an additional 52.862 million H-shares of the company between November 12, 2025, and December 17, 2025, via the Hong Kong Stock Connect trading system [1] - Following this acquisition, Jiangsu Jiao Control and its concerted parties now hold a total of 2.824 billion shares in the company, increasing their ownership percentage from 55.00% to 56.05% [1] - The change in equity ownership triggered a 1% integer threshold [1]