Gelonghui, June 26, 丨 Jiangsu Ninghu Expressway (00177.HK) announced that the company held the first meeting of the 11th board of directors on June 26, 2024 to review and pass the “Proposal on Extending the Life Period of the Zhongbei Zhiyuan Fund” and agreed to the above extension matters. This matter does not need to be submitted to the company's shareholders' meeting for consideration, does not involve related/connected transactions, and does not constitute a major asset restructuring as stipulated in the “Administrative Measures on Major Asset Restructuring of Listed Companies”.
This extended fund life period is based on a comprehensive assessment of the industry market environment and investment project situation. It is in line with the actual operation of the investment fund. It has not changed the company's original rights and interests, will not have a significant impact on the company's performance, production and operation, and has not harmed the interests of the company and all shareholders, especially small and medium shareholders.