JIANGSU EXPRESS (00177) Receives 28.4 Million H-Share Purchase from Controlling Shareholder

Stock News01-22 19:30

The company announced that on January 22, 2026, it received a "Notice of Change in Interests" from its controlling shareholder, Jiangsu Transportation Holding Co., Ltd. (Jiangsu Transportation Holding).

The notice stated that its wholly-owned subsidiary, Jiangsu Yinshan Capital Management Co., Ltd. (Yinshan Capital), purchased 28.4 million of the company's H-shares between January 9 and January 21, 2026.

The shares were acquired through the Shanghai Stock Exchange's Southbound Stock Connect trading system via centralized bidding on The Stock Exchange of Hong Kong Limited.

Following this purchase, Jiangsu Transportation Holding and its parties acting in concert collectively hold approximately 2.872 billion shares in the company.

Their total shareholding ratio increased from 56.45% to 57.01%, with this change in interest reaching a whole 1% multiple.

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