Henan Zhongyuan Expressway (600020.SH) major shareholder plans to increase its holdings by no more than 2%, and has received a commitment of no more than 200 million yuan in additional funding.

Henan Zhongyuan Expressway (600020.SH) announced that on November 18, 2024, the company received a notification from its controlling shareholder, Henan Transportation Investment Group Co., Ltd. (referred to as "Transportation Investment Group"). The Transportation Investment Group, based on its recognition of the company's value and confidence in its future sustainable development, as well as to boost investor confidence, effectively protect investor interests, promote the company's continuous, stable, and healthy development, actively seek financial incremental policy support for the company's market value management. The Group plans to increase its holdings of the company's shares through centralized bidding trading on the Shanghai Stock Exchange within 6 months from the date of the announcement, with the total amount of the increase not less than 100 million yuan and not more than 200 million yuan, and not exceeding 2% of the company's total share capital. The funds for this planned increase in shares will come from own funds and self-raised funds, with the self-raised funds obtained through a specialized loan for the increase. China Construction Bank Corporation Henan Branch issued an "Intentional Loan Commitment Letter" to Transportation Investment Group on November 15, agreeing to provide a stock increase loan of up to 200 million yuan for the increase of the company's A-share holdings by Transportation Investment Group, with a term of 1 year.