Hainan Expressway: Wholly-owned subsidiary plans to acquire 100% equity of Jiaokong Technology for 36.1038 million yuan.

Hainan Expressway announced that on August 3, 2026, the company's wholly-owned subsidiary, Public Network Company, signed an agreement with Smart Transportation to acquire 100% of the equity of Jiao Control Technology for 36.1038 million yuan. Smart Transportation is a wholly-owned subsidiary of Hainan Transportation Group, the companys controlling shareholder, and this transaction constitutes a related party transaction. The transaction is priced based on the results of the income method evaluation, with funding sourced from the company's own funds and bank loans. Smart Transportation has committed that the cumulative net profit of Jiao Control Technology from 2026 to 2028 will not be less than 4.6344 million yuan. This acquisition will assist the company in developing its smart transportation business.