The Zhitong Finance App learned that the latest data from the Hong Kong Stock Exchange shows that on November 2, Jiangsu Spruce Capital Management Co., Ltd. increased its holdings of the Jiangsu Ning—Shanghai Expressway (00177) by 12.558 million shares, at a price of HK$10.1,798 per share, for a total amount of about HK$128 million. After the increase in holdings, the latest number of shares held was approximately 184 million shares, with a shareholding ratio of 15.05%.

This transaction involves another related party: Jiangsu Communications Holdings Co., Ltd.

Additional information: Jiangsu Communications Holdings Co., Ltd. and the companies it controls hold a total of 2,743,108,825 A-shares of Jiangsu Ninghu Expressway Co., Ltd., and the total A-share interests held by the above companies account for 54.4511% of the total shares of Jiangsu Ninghu Expressway Co., Ltd.

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