Ningbo Construction: The restructuring matters will be approved at the meeting.

Ningbo Construction Group announced on November 19th that the company plans to acquire 100% equity of Ningbo Traffic Engineering Construction Group Co., Ltd. through issuing shares. The M&A restructuring review committee of the Shanghai Stock Exchange held its 18th meeting of the year 2025 on November 19th to review the company's application for this transaction. According to the announcement of the results of the 18th review meeting of the M&A restructuring review committee of the Shanghai Stock Exchange in 2025, the review result of this meeting is that the transaction meets the restructuring conditions and disclosure requirements.