Jiangsu Expressway Co. Ltd.

Jiangsu Expressway Company Limited was incorporated in August of 1992 and is principally engaged in the investment, construction, operation and management of various toll expressways within the Jiangsu province. The company’s core asset is the Jiangsu section of the Shanghai-Nanjing Expressway, while it retains all or some equity interest in toll roads and bridges within the Jiangsu province, including: the Shanghai-Nanjing section of G312, Xicheng Expressway, Guangjing Expressway, the Nanjing section of the Nanjing-Lianyungang Expressway, the Jiangsu section of the Sujiahang Expressway and Jiangyin Yangtze River Bridge, etc. The Company manages total mileage exceeding 700 km and reports total assets of RMB 25 billion.