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宁沪高速:2022年年度股东大会、2023年第一次A股类别股东大会和2023年第一次H股类别股东大会的通函2023-05-20  

                                                                      JIANGSU EXPRESSWAY COMPANY LIMITED

                                                                    00177




                                          2022
                                    2023                       A


                                    2023                       H




                            1       38                                                       39         40

                                                   41      65
      2023    6   20                     3              2022                              3:20                   2022
                       2023              A                                    3:30           2023                 A
               2023             H                                                        6
            N-1        N-8           AN-1           AN-6             HN-1             HN-3

                                                     A                               2023    6     19                   3
                                         3:20       2023                  A
        H                                       2023 6 19                            3
                            2023     6    19                       3:30                     2023             H
                        H                                                                                          183
17M

                                                                                                                 2023       5   19
       .....................................................................                                                            ii

                 ................................................................                                                        1

       A.           .............................................................                                                        2

       B.                                   ............................................                                                 3

       C.                                                 .....................................                                        19

       D.                            ................................................                                                  24

       E.                                           ........................................                                           26

       F.          H                  ...............................................                                                  34

       G.                     2023                 A                       2023                  H                   ......            36

                          ........................................................                                                     39

                        ..........................................................                                                     41

            –                                                                            ....................                        I-1

            –                                                                            ....................                       II-1

            –   2022                . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . III -1

            –   2022                       ............................................                                            IV-1

            –   2023                       ............................................                                             V-1

            –             .......................................................                                                  VI-1

2022                          ....................................................                                                   N-1

2023              A                   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . AN-1

2023              H                   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . HN-1




                                                            –i–
2023   A       2023      6       20    3:20                 2022
                                              2023




2023   H       2023      6       20    3:30                 2023   A
                                                     2023




A                                     1.00




A          A




                      – ii –
    2023     6       20    3                        2022




  2023   3     24




                          2023   10     1
                     7




                               001965




                                            00177
              600377
OTC Markets Group Inc.                              JEXYY




         – iii –
                                      80




        2023   3    24




                                   2023    7   1
                            15




                          2022
         [2022]2


H                           1.00




H   H




               – iv –
     1               6




2023     5    15




                         1994   8
27                        (1994)21




             –v–
           571




                  1994       8       4




       2011       7    4


                      2011       6       28


                                              80




2023   3     24




       – vi –
                            2023    12       15
                            18




    2023   3     24




                           2023    10    1
                       5


%




           – vii –
        JIANGSU EXPRESSWAY COMPANY LIMITED

                           00177




                                             6




    *
    *                                    18
    *                                            17
    *
    *


*




                2022
              2023     A


              2023     H


                       –1–
A.


                    2023    3   27


     (i)                                                                          80




     (ii)                                                                         80




     (iii)             –
                                     18          15          5        7




     (iv)


     (v)


                    2023    4   28        2023      3   31




                                                                     (i)
             (ii)                                            (iii)                 (iv)
                                              (v)                          2023        A
                2023            H




                                      –2–
B.


                2023   3   27


                                18           15             5   7




     1.


          (1)                    2023        3    24


          (2)




          (3)                                          18


          (4)                         2023       12    15


          (5)


          (6)




          (7)




          (8)                    1)




                                 2)




                                       –3–
2.


     (1)   2023        3       24


     (2)




     (3)                            15


     (4)        2023       7        1


     (5)


     (6)




     (7)




     (8)   1)




           2)




                 –4–
3.


     (1)   2023        3    24


     (2)




     (3)                         5


     (4)        2023       10    1


     (5)


     (6)




     (7)




     (8)   1)




           2)




                 –5–
4.


     (1)   2023        3    24


     (2)




     (3)                         7


     (4)        2023       10    1


     (5)


     (6)




     (7)




     (8)   1)




           2)




                 –6–
                14A.16(1)                                                            10%


                            12                                                        10


 12                                                         14.07
         5%        25%                                          14A
                                              14.04(1)(e)(ii)




                14A.16(1)       14A.16(2)
11.69%                  10%




                                                                      14A.81
                                               12
                                                          12
                          14.07                                     5%         25%
                                14A
              14.04(1)(e)(ii)




                                      –7–
         6.1.9
        12                                 10%




             1




                               291   399
                 A2




                      16,800,000




                      779,408,849
 2022


                      299,683,764
 2022


                      93,171,065
 2022


                      11,620,621
2022



                      –8–
                          599
         A3 910




          6,178,211,497




          114,930,280
  2022


          60,535,028
  2022


          8,297,090
  2022


          4,860,696
2022




          –9–
                     6




        5,037,747




        78,458,345
 2022


        37,950,332
 2022


        13,255,603
 2022


        3,747,989
2022




        – 10 –
                     401




        4,826,350


                                      (64.5%)


                                       1
                           (22.01%)


                                           (13.49%)(   2)




        12,390,295
 2022


        4,535,385
 2022


        395,562
 2022


        -116,571
2022




        – 11 –
                    6




       2,500,000


                        (85%)


                                        3
                                (15%)




       15,300,614
2022


       8,443,024
2022


       1,967,808
2022


       748,619
2022




       – 12 –
                      1800 1 108




       1,591,481


                           (60%)


                           4
                   (40%)




       3,797,547
2022


       1,457,056
2022


       135,501
2022


       -63,248
2022




       – 13 –
                        52




        1,519,846


                          (60%)


                              4
                    (13.8%)


                                  5
                      26.2%)




        3,671,813
2022


        1,352,746
2022


        99,110
 2022


        -83,235
2022




        – 14 –
1


2


3                                                                              001965


4


5




                      18
                                                                                                 15
                                           5                                                      7




                      3                          3
    18                                                      15
    5                                                 7
                                    2023         2024            2025       2026             18
                           2023     2024             2025        2026                       15
                 2023        2024      2025               2026                          5
        2023   2024        2025     2026                                7




                                      – 15 –
                                   3




                           7,200   6,000
2,000   2,800




                – 16 –
          (1)




(2)
                           (3)




      5




                – 17 –
64.5%           85%




                                 (i)
        (ii)
        (iii)




                      – 18 –
     (i)




     (ii)




C.


                  2023   3   24
                                             80




     1.




            (1)                                   80




            (2)




            (3)




                                  – 19 –
(4)       270


(5)




(6)


(7)




(8)


(9)




      1




      2




      3




      4




                – 20 –
2.




     (1)              80       80




     (2)                     100




     (3)




     (4)                10     10




           – 21 –
(5)
       1




(6)




(7)




(8)




(9)


(10)




(11)




(12)




           – 22 –
(13)




       1)


       2)


       3)


       4)


(14)




 1           2014




                       4




            – 23 –
                     2022   12   31
                        51.63%




D.


     2023   3   24




                                                 2024




                                      – 24 –
                      1964       7
   2009         1        2015        6
       2010         12       2015        6
   2015         6        2017        3
 2017       3        2018       3
2018    3           2022    3
                                                         2022   3




                                                         (i)
                                                     (ii)           571
            XV                               (iii)




            13.51(2)(h)         13.51(2)(w)




                                              – 25 –
E.


          2023    2     17


          2023    3     31


                                                         (1)         A
     H                                                               (b)
                             13D
           (c)                      9        19A               (d)
                        H




     1.          1.8


     2.          1.12




     3.          3.5


     4.          3.15              3.13 –


     5.          4.1




                                              – 26 –
6.         5                    22




7.


8.         7.8                                  30        20


9.         8.3




10.     8.5


11.        9.2                             50%




12.        10.2            15                                  2   3




13.        10.3                                                        30%



14.        10.6                                      21
                  20


15.        10.9
                       7


16.        10.10



17.        10.14
      20




                                     – 27 –
18.     10.15


19.     10.25
        (1%)


20.     10.26     10.29



21.     10.32                          10.29 –


22.     10.33                          10.30 –     (i)                     (ii)



23.     10.35                                                                      A
                                                                                         3.3
      10.2(15)             10.32(6)


24.     11.2     11.3      11.8        11.9                                                   A   H
                                                             A          H



25.     12.5     – (i)                           (1)
                                 (2)
                                        (3)                      (ii)




26.     12.10




27.     12.11     – (i)                                                               (ii)
                            10


28.     12.13




                                                  – 28 –
29.   15.2


30.   16.2   – (i)                  (ii)




31.   16.7


32.   17.8   17.18




33.   19.6   – (i)                         (ii)




34.   19.7




35.   19.8            2


36.   20.3


37.   20.4


38.   20.6


39.   20.7


40.   22.2
             45


41.   22.3                       1


42.   22.6




                      – 29 –
43.   23.1     –(i)                                             (ii)




44.   23.2                                                23.1




45.   23.3




46.   23.4     – (i)                   22.2
                        (ii)


47.   23.5


48.   23.6


49.   23.8




50.   23.11                    23.6


51.   24.2      24.4              (1)


             (ii)
             (iii)


52.   25.1




                                               – 30 –
53.       26
                 *


      *




                                                                H




1.                       26                          1.12




2.                   A        H                             A
      H
           (1)                           (2)
                                               (3)   A      H




                              – 31 –
                                      H   H
                                H
                       H




         H         A       H                        A   H




3.


         10
              H                                    30
     7                                        30
              20




                           – 32 –
4.
                                                  (i)         10%
                                             90          (ii)                       15
                 10
            30                    5              (iii)
                                                                    5


                                                                              (1)


                                 2                                      (2)
                                      15                                                 4
                                           (3)


             (4)          5.1   5.3




                                                                              A
     2023             A
                      H         2023                 H




                                                   – 33 –
F.        H


     1.                                2023          H


                                                     2023      5     20       2023       6       20
                     H                                                    H
          2023                     H                                           2023          5    19                         4:30
                                                                          H
                                                         183                  17    1712–1716


     2.   2022       12       31


          2022                                                                                                          0.46




                                                                     2022     12    31
                                                                                                                 2023    6     28
              2023        7    3                                              H                                                     H
              2022        12       31                                              2023      7        3                      H
                                         2022   12   31                                          2023        6   27
              4:30                                                                   H
                                                                      183                        17       1712–1716
          2022       12       31                                                                 2023       7    26




                                                          – 34 –
                                           H
                                    [2008]897                         H
                                10%




                  2011
[1994]20




           2011   7   4
                                                      2011   6   28




                                                [2009]124
                  2022    12   31
                          H                             H
            H




                               – 35 –
                                                                           [2014]81
                                                                        [2016]127
                                                                H
         H              20%


                                                                    H


         H       12


     H                                                  H




G.               2023         A                  2023   H




     2023    6   20               3                         6
                              N-1          N-8




                                      – 36 –
                                                              54.44%         11.69%




              H                                                        (i)     2023   6   15
                                                                             (ii)
                                              2023   6   19                   3


        H                                                                             H




  (www.jsexpressway.com)                  (www.hkexnews.hk)
(www.sse.com.cn)



2023          A


       2023    6   20        3:20                 2022
                        6   2023              A
AN-1          AN-6




  (www.jsexpressway.com)                  (www.hkexnews.hk)
(www.sse.com.cn)




                                   – 37 –
       2023            H


                2023   6   20              3:30           2023          A
                                       6           2023     H
                  HN-1          HN-3



                       H                                         (i)    2023   6   15
                                                                            (ii)
                                       2023    6    19           3:30
                                                                                    H
                2023            H                                                       H




2023   5   19




                                              – 38 –
JIANGSU EXPRESSWAY COMPANY LIMITED

                          00177


                                     2023   5   19




         2023   5   19




                    – 39 –
1.




2.




     – 40 –
                                                  189


                                                   19




                        (i)        (ii)   (iii)
       (iv)                                       2023
 5     19


2023    3     27


                   45




                        – 41 –
                     14A.16(1)                                               10%


                                         12
     10
                                                         14.07
5%          25%
14        14A


                      14A.16(1)   14A.16(2)
11.69%                     10%




                                                             14A.81
                12                                                    8


                                                                          14.07
                           5%         25%
                           14      14A




                                              – 42 –
           13.84




– 43 –
A.




     54.44%   11.69%
                                       2022
                       34




                            – 44 –
                                      2021      2022    12      31
          2022   12   31




                                                                 12   31
                                                      2022                     2021




                                                  9,385,805                  9,103,941
                                                      932,931                 623,637
                                                  3,474,620                  2,646,519
                                                  2,585,018                  3,889,500
                                                 69,072,540                65,142,891
                                                 39,160,902                37,144,248
                                                  8,045,979                  7,645,934
                                                (13,644,761)               (14,042,000)
                                                 (2,813,442)                (3,217,553)
                                                 (2,434,124)                (1,077,145)
                                                 (1,815,209)                 (808,116)
                                                 (5,539,728)                (7,671,966)
                                                (26,863,253)               (22,567,248)
                                                (16,053,597)               (16,167,776)
                                                 37,950,332                37,637,584


                                                                      2021       2022
12   31                          12.26%      11.96%




                           – 45 –
                                  2021   12   31      2022     12     31
                  2022       12   31




                                                     12   31
                                              2022                         2021




                                         13,255,603                 14,260,533
                                          (8,841,449)                (8,998,606)
                                          3,747,989                  4,276,739


                                          5,527,921                  5,702,769
                                          (6,426,645)                (8,020,315)
                                          1,206,430                  2,307,943




                                                                    2022     12
31              2022
        2021




     2021      2022




                  – 46 –
                          64.50%      22.01%        13.49%




2.877                             33.005
2021    6


                       2021      2022     12   31




                                          12   31
                               2022                     2021




                              381,439                  115,352
                               20,033                   60,684
                              350,000                          –
                         12,008,856                  12,061,026
                         11,370,354                  11,509,821
                              637,544                  668,143
                              (537,415)               (498,026)
                              (274,696)               (244,857)
                              (255,512)               (218,850)
                          (7,317,495)                (7,516,396)
                          (7,317,495)                (7,516,396)
                          4,535,385                   4,701,956




            – 47 –
                                                                              2021
2022   12   31                       0.91%    3.08%




                                             2021      2022   12        31




                                                        12    31
                                                2022                          2021




                                                395,502                  1,352,159
                                               (266,372)                 (1,316,511)
                                               (166,571)                     (127,062)


                                                807,547                      171,301
                                               (355,790)                 (1,048,263)
                                               (492,408)                     805,268




                 2022
                        2021                                       14




                          – 48 –
                                                         2022


                                              2021   6




                     2021                                               2022
                                                 2021
                         2022




                85.00%   15.00%
                                (i)
                                       (ii)
                                                     17.12      34.99          63.79
11.11   19.36




                                      – 49 –
                         2021     2022      12    31




                                             12     31
                                  2022                          2021




                                  51,154                        66,028
                                  13,357                        15,279
                                  34,313                        46,758
                                9,643,236                  8,774,754
                                2,611,559                  2,260,751
                                4,948,551                  4,505,757
                                1,567,938                  1,276,875
                                  85,827                    127,597
                                1,052,381                   808,345
                                 408,811                    315,916
                                 635,591                    911,283
                                 355,000                    655,000
                                7,490,860                  6,652,625


                                             2021        2022    12
31   0.75%       0.53%




      – 50 –
                2021      2022      12    31




                               12    31
                        2022                     2021




                   1,730,221                   1,395,300
                   (1,218,211)                 (726,239)
                       893,373                  772,393


                       605,741                  838,304
                       (459,085)               (319,585)
                       (148,578)               (513,082)




15




     – 51 –
  60.00%     40.00%


25.46             2021    1


           2021      2022       12        31




                                           12   31
                              2022                      2021




                               38,854                   45,812
                               34,995                   15,924
                                3,665                    4,293
                                     –                 25,391
                         3,758,693                   3,855,762
                         3,626,919                   3,713,062
                              131,774                  142,700
                          (822,711)                   (591,030)
                          (502,996)                   (567,932)
                          (316,900)                    (19,345)
                         (1,517,780)                 (1,790,240)
                         (1,517,780)                 (1,790,240)
                         1,457,056                   1,520,304




– 52 –
                                                              2021
2022   12   31              1.17%   1.02%




                             2021     2022     12    31




                                                12    31
                                        2022                  2021




                                        135,501            1,228,438
                                       (127,641)           (1,278,723)
                                        (63,248)            (112,230)


                                        269,575               43,075
                                       (204,173)            (560,966)
                                        (46,331)             487,373




                 – 53 –
                                                   2022
                                          2021
         14                                        2022


                            2021    1




2021                               2022
              2021                                         2022




                                                 60.00%   13.80%
 26.20%


 17.71          2020   12




                             – 54 –
              2021   2022    12      31




                                      12   31
                         2022                       2021




                            21,010                  52,326
                            18,941                  11,380
                             1,850                    2,481
                      3,650,803                   3,728,288
                      3,602,157                   3,674,922
                            48,445                  53,366
                       (822,045)                  (290,473)
                       (286,944)                  (263,250)
                       (534,209)                    (27,003)
                      (1,497,023)               (2,054,160)
                      (1,497,023)               (2,054,160)
                      1,352,746                   1,435,981


                                  2021     2022     12   31
1.38%       0.57%




 – 55 –
                           2021   12    31       2022     12   31




                                                12   31
                                        2022                      2021




                                        99,110                      85,931
                                        (99,606)                 (100,523)
                                        (83,235)                 (100,866)


                                       140,763                   114,062
                                             (117)               (196,818)
                                       (133,085)                    45,957




                                                                     2020
 12




       2021                                               2022


2021                2022
       2021                                                2022




              – 56 –
B.


               2023   3    24


                                 45




     B.1




           i




                      – 57 –
      ii




      iii




B.2


                     (i)                                      18


                  (ii)                                   15        (iii)
                     5                 (iv)                        7




            (i)                                                                   (ii)
                                                                           (i)
                  2021     2022   12     31
                                                                           (ii)




                                              – 58 –
         2023                                6




B.3



                   A+H




                                                     2021        2022     12   31




                                      2021        2022      12   31




      2022 12 31


                                                                      1        2 3


                             2022 1              0.1 3.0         2.02% 3.65% 3.80%
                              12


                            2022 2               1.0 3.0         2.84% 3.65% 3.70%
                              11




                         – 59 –
      2021 12 31


                                                    1    2 3


                       2021 1   0.2 3.0          2.56%   3.85%
                        12


                      2022 2    0.1 3.0          3.18%   3.85%
                        11

      1


      2

      3




                        (i)
                                          (ii)




B.4




                   – 60 –
C.




     2023 3 24        2023 3 24        2023 3 24       2023 3 24




                 18               15               5               7




      2023 12 15       2023 7 1         2023 10 1       2023 10 1




                       – 61 –
      i.


      ii.


C.1



                  (i)
                                                 (ii)


            (i)
                                   (ii)




C.2


                  (i)                     (ii)


      (iii)




                        – 62 –
C.3




      – 63 –
D.


                         2023         2024      2025     2026        12    31




                                                        12      31
                                             2023      2024               2025     2026




                                                1.8       1.8                1.8      1.8
                                                1.5       1.5                1.5      1.5
                                                0.5       0.5                0.5      0.5
                                                0.7       0.7                0.7      0.7




     (i)
     (ii)
            (iii)   B.




                                – 64 –
                       (i)


                (ii)




2023   5   19


                             2011       1     6
                                            2015   1
                  6




                             – 65 –
A.




            35   44   45    48   49   50   54   67   73      76     120   121        122




                                       27.3




     1.

     2.                                                                         “         ”                  “
                                                               ”


                                                                                “ ”                      “ ”


                                                                                “ ”                      “ ”

     3.                                                                                          “ ” “ ”

     4.   1.2                                                1.2




                           “    ”                                              “         ”




                                                 – I-1 –
5.   1.8                                     1.8


6.   1.10                                    1.10




            [1994]21        “                                    [1994]21
       ”                                           “       ”




               [1995]1                                            [1995]1




                         23.2




                                             23.224.1 24.2




                                 – I-2 –
7.   1.12               1.12




8.   2.2                2.2




9.   3.1                3.1




            – I-3 –
10.   3.5                        3.5




11.   3.11




12.   3.12




13.   3.13     3.8               3.131    3.83.10


      503,774.75                   503,774.75

14.                                3.14             3.12




                     – I-4 –
15.   3.15               3.153




             – I-5 –
16.   3.16


17.   3.17


18.   4.1                                   4.1


      “     ”       1                     “    ”       1




                          “   ”                              “   ”
                  1                                    1

19.

20.   5.1




                                – I-6 –
21.   5.2




            – I-7 –
22.   5.3               5.31




                        5.2




            – I-8 –
                            5.1




                      5.3           5.1


                                          5.1




                              5.1


10
                                                      10


10%   3


                                                10%        3




          – I-9 –
23.   5.4




            – I-10 –
24.   5.5




25.   5.6




            – I-11 –
26.   5.7




      (1)




      (2)




            – I-12 –
(1)


(2)


(3)




      – I-13 –
27.   6.1                      6.1




            6.3                      6.3

28.   6.2                      6.2




                  – I-14 –
29.   7.2                7.2




30.   7.6                7.6




31.   7.7                7.7               (i) (ii) (iii) (iv) (v)
                           (vi)                        (1)   (2)
                         (3) (4) (5) (6)




            – I-15 –
32.   7.7                          7.7




      (1)                          (1)




      (3)                          (3)




            25%
                  1                      25%
                                               1




                      – I-16 –
(4)                         (4)




          5%
      6                               5%
                                  6




               – I-17 –
33.   7.8                 7.8




34.   7.9                 7.9




35.   7.10                7.10




             – I-18 –
36.   7.11                                7.11


              “   ”                             “   ”
             “         ”                       “         ”




                             – I-19 –
(i)                      (i)




(ii)                     (ii)




       90   30                  90   30




            – I-20 –
     90                     90




90                     90




          – I-21 –
37.   7.12




38.   7.13




             – I-22 –
39.   8.3                8.3




            – I-23 –
1.


2.


(1)


(2)




(a)


(b)


(c)


(d)


(e)




      – I-24 –
(3)


(4)




(5)




      – I-25 –
40.   8.5                8.5




            – I-26 –
41.   9.2                9.2




            – I-27 –
42.   10.2                       10.2




             10.3


                                        10.3




43.   10.3                       10.3




                    – I-28 –
44.   10.5                       10.5




45.   10.6                       10.6




             25.1                       25.13




                    – I-29 –
46.   10.9                10.9




             – I-30 –
                    3:00
                    9:30


             3:00




– I-31 –
47.   10.10                10.10




48.   10.14                10.14




              – I-32 –
49.   10.15                10.15




50.   10.16                10.16




51.   10.17                10.17




              – I-33 –
52.   10.20                10.20




53.   10.22                10.22




              – I-34 –
54.   10.23                10.23


      (1)                  (1)




      (3)                  (3)




              – I-35 –
55.   10.25                10.25




              – I-36 –
56.   10.26                10.26




57.   10.27




58.   10.28




              – I-37 –
59.   10.29


60.                          10.30 10.31           10.27 10.28


61.   10.32                10.3229




62.   10.33                10.330




63.                          10.34         10.31




              – I-38 –
64.   10.35




      1.




      2.


              20%


      3.




      4.




      5.




                    – I-39 –
65.   10.36




66.                         10.37 10.39   10.32 10.34

67.   10.40                10.4035




              – I-40 –
68.                          10.41   10.44   10.36
                           10.39

69.   10.45




70.   10.46                10.460




              – I-41 –
71.   10.47




72.                          10.48   10.41

73.   10.49                10.492




74.   10.50




              – I-42 –
75.   10.51                              10.5143




76.   11.2                               11.2


              11.3   11.7                          11.3   11.7


77.   11.3                               11.3




                            – I-43 –
78.   11.8


79.   11.9




80.   12.3                12.3


      (7)                 (7)




             – I-44 –
81.   12.5                12.5


      (1)                 (1)




             – I-45 –
(2)                (2)




      – I-46 –
82.   12.8                12.8




                                 (   (




83.   12.9                12.9




             – I-47 –
84.   12.10                      12.10




85.   12.11                      12.11




              10%                        10%




                    – I-48 –
86.   12.12                  12.12




87.   12.13                  12.13




              12.5                   12.5
      (2)                    (2)




                12.5                   12.5
        6                      6




                – I-49 –
88.   12.17                          12.17




89.   14.1    “   ”                14.1    “   ”




90.   14.3                           14.3




                        – I-50 –
91.                       15.2




92.   15.4                15.4




             – I-51 –
93.   16.2                16.2




94.   16.5                16.5




             – I-52 –
95.   16.6                 16.6




96.   16.7                 16.7




97.   16.11                16.11




98.   17.8




      17.16




              – I-53 –
99.   17.9




             – I-54 –
100.   17.10




101.   17.11




               – I-55 –
102.   17.12




103.   17.13




               – I-56 –
104.   17.14   17.12




105.   17.15




                       – I-57 –
106.   17.16




               – I-58 –
107.   17.17




               – I-59 –
108.   17.18




               9.2




109.                              17.19   17.8




                     – I-60 –
110.   18.2                18.2




111.   18.5                18.5




112.   18.6                18.6




              – I-61 –
113.   18.10                18.10




114.   19.6                 19.6




               – I-62 –
115.   19.7                19.7




116.                       19.8




              – I-63 –
117.   20.1                20.1




118.   20.2                20.2




119.                       20.3




              – I-64 –
120.   20.4                20.4




121.   20.6                20.6




122.   20.7                20.7




              – I-65 –
123.   20.8                20.8




              – I-66 –
124.   22.2                22.2




              – I-67 –
125.   22.3                22.3




126.                         22.5   22.4


                             22.4   22.5

127.   22.6                22.6




              – I-68 –
128.   23.1                23.1




              – I-69 –
129.   23.2                23.2   23.1




              – I-70 –
130.   23.3                23.3




                                  23.1




131.   23.4                23.4




              – I-71 –
132.   23.5                23.5




133.   23.6                23.6




              – I-72 –
134.   23.8                23.8




135.   23.9                23.9




              – I-73 –
136.   23.11                     23.11




               30                        30


137.   24.2                      24.2




                    – I-74 –
138.


                    24.3


139.


                    24.4


140.


                    25.1




141.                  25.1 25.9   25.2 25.10




       – I-75 –
142.


       26.1




              – I-76 –
143.                                               27                    26


                                                    27.1   27.2   27.3        26.1
                                                  26.2 26.3


       “   ”   “   ”   “   ”




                                     – I-77 –
B.



                   :




     1.   2.1.12


     2.   3.3                       3.3




          1.                        1.




          (7)                       (7)
                                              ;




                                          :


                                    (8)
                                                  ;


                                    (9)




                       – I-78 –
2.


                         2.




(3)   100


                         (3)   100




            – I-79 –
3.   4.1                   4.1




4.   4.4                   4.4




5.   6.1. 2                6.1.2




6.   6.5.3                 6.5.3




              – I-80 –
C.



          :




     1.                    3.2


                                 :




              – I-81 –
2.                3.5


                         :


                  (10)




                  (11)




                  (12)




                  (13)




                  (14)




     – I-82 –
3.   4.1   1                4.1   1




               – I-83 –
D.



                  :




     1.   2.1.3                    2.1.3




                      – I-84 –
2.   2.1.3                                ,
                                  :




             1




             2




                 1
                                      :


                 2




                 3


                 4




                 5




                     – I-85 –
3.   2.1.4                2.1.4




             – I-86 –
– I-87 –
4.   2.2.2                2.2.2




             – I-88 –
5.   3.2                            3.2




           1.                             1.


                         50%
                                               5030%




                50%                                    5030%


                 50%                                      5030%




                       – I-89 –
             3.3




– I-90 –
6.


                  3.3




                              50%




                                          30%




                                    70%




                        10%




     – I-91 –
7.                           3.3   3.4

8.    3.4


9.    4.1.1                4.1.1




10.   4.1.3




              – I-92 –
11.                4.1.4   4.1.5   4.1.3   4.1.4




      – I-93 –
12.   4.2.5


                           4.2.5




              – I-94 –
             3:00
                    9:30
                           3:00




– I-95 –
13.   4.3.1                4.3.1




14.   4.3.2                4.3.2




              – I-96 –
15.   4.3.5                4.3.5




16.

17.   4.4.1                4.4.1




18.   4.4.2




              – I-97 –
19.   4.4.3                4.4.34.4.2




20.   4.5.4                4.5.4




                                         3%


                                   3%
                                    10
                                              2
        3.2




              – I-98 –
21.   4.5.4




22.   4.6.2                4.6.2




              – I-99 –
23.   4.6.3                  4.6.3




      ......                 ......

24.   4.6.5




25.                             4.6.6   4.6.9   4.6.5
                             4.6.8

26.   4.7.1                  4.7.1




27.   4.7.3                  4.7.3




               – I-100 –
28.   4.7.4                 4.7.4




                                    30%




29.




              – I-101 –
30.   5.1                 5.1




            – I-102 –
– I-103 –
31.   5.2                 5.2




            – I-104 –
32.   5.3                 5.3




            – I-105 –
1.




2.




     – I-106 –
33.


                    5.4




34.


                    5.5




      – I-107 –
35.   5.3                                         5.6




                                                  2.
                                                          4.1.43
            2.
                    4.1.4




36.                                         5.4                    5.7

37.   6.2                                 6.2


                               11.3                                      11.3
             11.7                                  11.7




                            – I-108 –
38.   6.3                                               6.3




39.   6.4                                               6.4




                 “                  ”                       “             ”




                                                                           5.3




            “             ”                                  “            ”
                                                                    9.1




                                                                           5.3
                                “
                      ”                                                      “
                                                                      ”




                                          – I-109 –
                 “                      “
            ”                      ”




40.   6.8




41.   6.9




                      – I-110 –
                                  100
   10       12                          1,000




                                                5
        6   2                 3




4.00

4.01

4.02

4.03



4.06




                 – II-1 –
5.00

5.01

5.02

5.03

6.00

6.01

6.02

6.03


                          100                                          4.00
             500                        5.00                     200




       500         4.00                                    500




4.00                               –           –    –          –

4.01                              500          100   100

4.02                               0           100   50

4.03                               0           100   200



4.06                               0           100   50




                     – II-2 –
                                              2022

A.     2022


                  2022


                         2022




2022


                                                2022




2022


2022                 8




              4          21




                    2022                               2022




                                – III-1 –
                                                           2022




2022                                                              84                4




         E




                                A                     13




2022


                  784.58                                      319.41
                           132.56                 7.05%                     45.81
         17.70%                                    37.24               12.99%
       0.7392                        53.45                         11.23%




                                    – III-2 –
                                                                  2022

.



                           11.29                                 31.36
    50.14%                                                                             2022
     8                                              16.46                23.57%
                    2024
                                             2022                 2023   1   6        2022
                  5.65               2026    6




                                                       22.69%
                               1+N                              2022             30
    99.98%    1                98.38%
                                      2022
                                                                  36
                               +        +
         30
                         BIM




                                                 – III-3 –
                        2022

           3D             BIM+GIS+




                1   2          100%




            2022
          25




ECC




  – III-4 –
                                                      2022

2.


                                        ETC




            +




3.



                     2,457,000                         100%
                                526.6
     2022                   9


                                              57.34
                5G




                          – III-5 –
                                   2022

4.



                                1,273,407.38
                                78,287.08
       5.3005%


2022


2022




2022




           2022




                  – III-6 –
                                     2022

       2023


2023          30




                                 +




                   – III-7 –
              2022




                     +




– III-8 –
                                                   2022

B.   2022


            2022


                       2022




                                            2022




     2022          8




                              – III-9 –
                           2022




     2022


1.




2.




3.




4.




            – III-10 –
                           2022

5.




6.




                 2022




     2023




            – III-11 –
                                2022




2022


                                       2022




2023




       2022




2022
                                  10
       11     17                         15




                   – IV-1 –
                                                           2022




                2021                                                  24.57
100%
           100%




                 2022                                                  15         [2021]35
         2022    1     1              2021     1    1




   2022    12     31                                            784.58                     742.47
       42.11                 5.67%     405.08                         366.09            38.99
   10.65%                   379.50        376.38               3.12              0.83%
                     319.41          320.42             1.01                  0.32%
51.63%                     2.32                            11.23%                2.67




                                       – IV-2 –
                                                            2022




.


                              132.56                       139.64           94.92%
    7.05%                                                           99.15
    92.98%           12.35%




            73.23                  94.43%                  11.38%


                                               11.24                          81.21%
     21.78%                                  0.51                   76.22%


                                 10.53                     11.58%
    20.39%




                                                                    6.52
    92.53%          39.81%                            H5                   2021




                                         – IV-3 –
                                                    2022

                                                       6.74
    106.98%   34.46%


                                    33.40                     101.22%
    13.28%


                                                       1.43
    74.61%    21.82%


.


                                                                    88.41
                                  55.01                        93.1%
    9.07%


                       33.71                         95.95%         7.41%
                                2022        4   1




                               – IV-4 –
                                           2022

                                                               12.89
         84.10%           81.21%             6.63%              21.78%


                             2.21


                              3.28                    94.62%
51.74%            H5                2021


                         4.35                        106.27%
40.57%


                            33.40                     101.22%
13.28%


                                    0.78                 72.95%
 2.90%




                       – IV-5 –
                                                         2022

.


                                                                  14.02
    91.29%           23.08%




                    2021   6




                               3.41%                0.26
     (LPR)   0.77


.


                           18.68                           124.76%            53.90%
                                          100%                               REITs




                                                 10.87                   41.35%
                                         6.54                   55.73%




                                   – IV-6 –
                                                                        2022

  .


                                             -1.43




  .


                              2022                           45.81                        97.73%
       55.66         17.70%                   37.48                            102.14%           42.77
           12.36%                                     37.24                0.7392
       100.21%        42.80           12.99%




                                                        37.24                                   1.86
                    323                                                                0.16
                                     35.51                                     77.93          2022
                     113.44


2022




 0.46                                                           23.17
      62.22%                    90.27




                                                – IV-7 –
                                                       2023




       2023




1.
                         2022


2.                              2023                      14                 23
                                23


3.




                                          2023


2022


                                                        2023


                  2023


                                          2023         162.4          2023
         125.62                                                2023               123.79
                                     87




                                           – V-1 –
                                                      2023

   2023                    42.64   2022              76.42     33.78
                                        8                              16.5
                         14                             2.19
          1.95


2023                     50.79              10.88%                            40.68
                 9.25%


2023
                                            +




            2023




                                   – V-2 –
.




.




    1,222,000,000 H                1,222,000,000
    3,815,747,500 A                3,815,747,500


                                   5,037,747,500




    1,222,000,000 H                1,222,000,000
    3,815,747,500 A                3,815,747,500


                                   5,037,747,500




                      – VI-1 –
.



              XV                           (a)                         XV    7
        8
                                                      (b)
    352                                    (c)                    10




.                   XV   2      3



        336
                                      XV    2    3




    A


                                                                       A
                                                     A


                                                 2,742,578,825     71.88%(54.44%)
                                                            (L)               (L)
                                                  589,059,077      15.44%(11.69%)
              (1)
                                                            (L)               (L)




                             – VI-2 –
H


                                                                                                                H
                                                                                               H

                                                     (3)
BlackRock, Inc.                                                                             120,252,838        9.84%(2.39%)
                                                                                                    (L)                  (L)
                                                                                              4,472,000        0.37%(0.09%)
                                                                                                     (S)                 (S)
                                                     (2)
Mitsubishi UFJ                                                                              134,048,845       10.96%(2.66%)
    Financial Group, Inc                                                                            (L)                  (L)
JPMorgan Chase & Co.                                                                         63,548,803        5.20%(1.26%)
                                                                                                    (L)                  (L)
                                                                                              3,562,520        0.29%(0.07%)
                                         (4)                                                         (S)                 (S)
                                                                                             30,251,396        2.48%(0.60%)
                                                                                                     (P)                 (P)
Citigroup Inc.                                                                               73,307,533        6.00%(1.46%)
                                               (5)                                                  (L)                  (L)

                                                                                                       0       0.00%(0.00%)
                                                                                                     (S)                 (S)
                                                                                             72,646,588        5.94%(1.44%)
                                                                                                     (P)                 (P)


        (L)             (S)                    (P)


        (1)



        (2)      Mitsubishi UFJ Financial Group, Inc



        (3)      BlackRock, Inc.                                                                           120,252,838   H
                             4,472,000         H                             610,000    H
                                                                      BlackRock, Inc.       100%


                 (a)   BlackRock Holdco 6,LLC                           BlackRock, Inc.             90%          BlackRock
                       Holdco 6,LLC                                    100%


                       (i)      BlackRock Institutional Trust Company, National Association
                                13,671,876                 H                3,728,000   H



                                                               – VI-3 –
      (ii)         BlackRock Fund Advisors                62,594,000     H


(b)   BR Jersey International Holdings L.P.            BlackRock, Inc.                   86%         BR
      Jersey International Holdings L.P.                        100%



      (i)          BlackRock Japan Co., Ltd.              1,484,883     H


      (ii)         BlackRock Investment Management (Australia)Limited                          628,000
                     H


      (iii)        BlackRock Asset Management North Asia Limited                         1,014,500       H



      (iv)         BlackRock (Singapore)Limited                468,000       H


(c)   BlackRock Group Limited          BR Jersey International Holdings L.P                        3(b)
                     90%         BlackRock Group Limited                                  100%



      (i)          BlackRock (Netherlands)B.V.               3,608,414       H


      (ii)         BlackRock International Limited              32,000       H


      (iii)        BlackRock Asset Management Ireland Limited                       13,493,865       H



      (iv)         BLACKROCK (Luxembourg)S.A.                          6,642,000         H
                   116,000   H


      (v)          BlackRock Investment Management (UK)Limited                           1,957,299       H



      (vi)         BlackRock Fund Managers Limited                  854,123        H


      (vii)        BlackRock Asset Management Schweiz AG                         8,000    H


      (viii) BlackRock Life Limited                     1,009,878   H



(d)   BlackRock Canada Holdings LP               BR Jersey International Holdings L.P
            3(b)             99.90%            BlackRock Canada Holdings LP               100%
              BlackRock Asset Management Canada Limited                           2,334,000    H



                                  – VI-4 –
    (4)   JPMorgan Chase & Co.                        63,548,803     H                     1,046,169
            H                                       3,562,520   H                     2,974,000
          48,000   H                                                                      JP Morgan
          Chase & Co.




                                                 10,977,688          3,562,520
                                                 21,173,000
                                                  1,146,719
                                                                                          30,251,396


    (5)   Citigroup Inc.                     73,307,533    H                     98,000    H
                                          Citigroup Inc.




                                                    660,945
                                                                                          72,646,588


          Citigroup Global Markets Holdings Bahamas Limited        Citigroup Inc.              90%
          Citigroup Global Markets Holdings Bahamas Limited                100%            Citigroup
          Global Markets Limited          658,945    H
          Citigroup Inc.   100%




.




                                    – VI-5 –
.




.


            2022     12   31




.




.




    1                      6




        – VI-6 –
                                2022       12    31




.


            2023
                                    2022    12     31




.


    (a)                                                            6
                               18                            17


    (b)          H
          183             17   1712-1716


    (c)


.



    http://ww.hkexnews.hk                       http://www.jsexpressway.com


    (a)   2022   4   29                                                100%




    (b)




                                                – VI-7 –
(c)


(d)                39        40


(e)           41        65




      – VI-8 –
                2022




      JIANGSU EXPRESSWAY COMPANY LIMITED

                                         00177


                  2022




                 2023   6    20





                                              2023   6   20       )   3   2022


            6




                    2022




                                                              A




                 2023    6   20           3


                                              6




                                  – N-1 –
      2022




                      2023        6   20        2023     6   20




                          9:15             9:25          9:30     11:30
                      1:00               3:00




                                  9:15            3:00


            #


                      1




#




1.   2022   12   31


2.   2022   12   31




                      – N-2 –
                    2022

3.              2022   12   31


4.           2022


5.           2023


6.    2022                                                               0.46




7.                                                        2023
                                             3,460,000


8.                                 80




9.                                                   18              3


10.                                                15            3


11.                                            5          3


12.                                            7          3


13.




                                 – N-3 –
                          2022




14.   (1)                               80   80


      (2)


             (i)


             (ii)


             (iii)


             (iv)


             (v)


             (vi)


             (vii)


             (viii)


             (ix)


             (x)


             (xi)


             (xii)


             (xiii)


             (xiv)


      (3)


15.                                          2023   A
      2023            H

                                 – N-4 –
                               2022

16.                                                                          2023               A
             2023              H


17.                                                                          2023               A
             2023              H


18.                                                                            2023                 A
              2023                 H




19.
             2022                                          2024




(1)


                                                          2023    3   27                                2023   3
        27      4    28
                           (www.jsexpressway.com)                          (www.hkexnews.hk)
      (www.sse.com.cn)                 H                                      2023    5    19




(2)                 14    18


(3)                                        6, 7, 9       12, 19


(4)                                                  9     12


                                                            9                    10   12


(5)




                                               – N-5 –
                   2022




                vote.sseinfo.com




2023   6   12
                                                  A
            2023    6   12     4:30                        H




                    600377                 2023   6   12




                               – N-6 –
                 2022




1.                        2023   6   12


          2023   6   12          4:30                                                    H
                                                                                     2023     6
     15


2.        2023   4   28                                  2023   5   20       2023    6   20
                             H                                           H
                                              2023   5    19                  4:30
                                          H
                     183                17    1712–1716


3.




                                 – N-7 –
                               2022

4.


                                                                         24
      2023       6       19              3                          H               H
                                                                              183   17M




(1)


(2)                                                6


                          210049
                          (86) 25-8436 2700   301815      (86) 25-8446 4303
                          (86) 25-8420 7788


(3)


(4)   A




(5)                  2023      5   19                           H




          2023       5    19




                                              – N-8 –
                 2023                   A




             JIANGSU EXPRESSWAY COMPANY LIMITED

                                            00177


                 2023




   2023                                      2023   6   20







                          2023




                        2023   6   20        3:20            2022




                                             6




                                    – AN-1 –
    2023           A




                2023      6   20        2023     6   20




                   9:15            9:25          9:30     11:30
                1:00             3:00




                          9:15            3:00


           #


               1




#




               – AN-2 –
                  2023     A




1.


2.


3.


4.




(1)


                         2023   4     28
                                           (www.jsexpressway.com)
      (www.sse.com.cn)


(2)           1   4


(3)


(4)




                         – AN-3 –
                   2023                   A

2023




                       vote.sseinfo.com




       2023   6   12
                                                         A




                         600377                   2023   6   12




                                     – AN-4 –
              2023                     A




1.                          2023   6   12


                                                     2023    6     15




2.




3.


                                                24          2023
     6   19          3:20




                                   – AN-5 –
                 2023                  A




(1)


(2)                                        6


                 210049
                 (86) 25-8436 2700   301815       (86) 25-8446 4303
                 (86) 25-8420 7788


(3)


(4)




(5)
        (www.jsexpressway.com)                              (www.sse.com.cn)




      2023   5   19




                                     – AN-6 –
                            2023                   H




                JIANGSU EXPRESSWAY COMPANY LIMITED

                                                       00177


                        2023




      2023          H                          2023    6     20


                                                            2023   6   20          3:30
   2023                                                       2023
   2023         H
                        6




                                     2023




                                   2023   6   20        3:30                2023




                                                        6




                                               – HN-1 –
                 2023                          H




1.


2.


3.


4.




(1)


                                                2023       4       28
       (www.jsexpressway.com)                                                           (www.hkexnews.hk)
         H                                          2023       5    19




2023         H


1.       2023    6   12          4:30                                                                H
                 2023                H
        2023     6   15


2.               2023     4     28                                           2023   5    20       2023   6   20
                                         H                                                    H
                                                    2023       5        19                    4:30
                                                H
                          183                 17     1712–1716




                                             – HN-2 –
                 2023                       H

3.               2023              H


                                                                          2023   H




4.


                                                    2023           H                 24
                            2023   6   19                   3:30                 H
                    H
     183              17M


5.


6.                                              6


                 210049
                 (86) 25-8436 2700      301815        (86) 25-8446 4303
                 (86) 25-8420 7788


7.           2023       5   19                              2023            H




      2023   5   19




                                        – HN-3 –