According to Zhitong Finance App, Hainan Express (000886.SZ) announced that Hainan Public Information Network Co., Ltd. (“Public Network Company”), a wholly-owned subsidiary of the company, signed an “Equity Transfer Agreement” with the related party Hainan Smart Transportation Industry Development Co., Ltd. on August 3, 2026 to transfer 100% of the shares of Hainan Traffic Control Technology Co., Ltd. (“Traffic Control Technology”) for 36.1038 million yuan. After the transaction is completed, the public network company will hold 100% of the shares in Traffic Control Technology, and Traffic Control Technology will be included in the scope of the company's consolidated statement.

According to reports, Traffic Control Technology's main business is in line with the strategic positioning of the company's “Technology-based Integrated Transportation Service Group”, which helps the company lay out the digital economy and smart transportation industry, enhance its competitiveness in the digital transportation field, cultivate the company's second growth curve, and help form a new quality of transportation productivity with Hainan characteristics. The construction of the Hainan Free Trade Port is in urgent need of intelligent transportation upgrades. Projects such as the Roundabout Tourist Highway Cloud Control Center and provincial tunnel management system involving Traffic Control Technology are in line with the regional development direction and will bring new business growth points to the company.

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