SHANGHAI IND H (00363.HK) 2024 Annual Performance Announcement

SHANGHAI IND H (00363.HK) 2024 Annual Performance Press Conference.

Attending Management: Executive Director and CEO Mr. Zhang Qian Executive Director, Vice CEO, and CFO Mr. Xu Youli Vice CEO Mr. Lou Jun Vice CEO Mr. Gu Feng Vice CEO Ms. Xu Huihua Company Secretary and Legal Director Mr. Yu Fuxi Company Overview: The Group has made breakthroughs in the integration of production and finance, selling 23.0584% equity of Hangzhou Bay Bridge for 1,863,859,064 RMB within the year, with part of the proceeds used to subscribe for 158,284,000 REIT shares, approximately 15.8284% of the total Fund shares, while the remaining 7.23% equity was received in Cash form. This move will help the Group gain capital income through the securities market by selling Fund shares and receiving Cash dividends, and also enables the Group to shift towards a more flexible and liquid investment strategy. In addition, the Hangzhou Bay Bridge Public Infrastructure Investment Fund ("REIT") was successfully listed on December 26, 2024, achieving the highest offline subscription multiple, the highest offline subscription size, and the highest premium rate for highway public funds in nearly two years. SHANGHAI IND H Co., Ltd. (referred to as "SHANGHAI IND H", Hong Kong Stock Exchange stock code: 363) was established in January 1996 and listed on the Hong Kong Stock Exchange on May 30 of the same year. Currently, SHANGHAI IND H is included in both the Morgan Stanley Capital International (MSCI) China Index and the Hang Seng Composite Index, and it is also qualified stock for the Hong Kong-Shanghai Stock Connect and Hong Kong-Shenzhen Stock Connect. SHANGHAI IND H is the largest integrated enterprise of Shanghai Industrial (Group) Co., Ltd. (referred to as "Shanghai Industrial Group") overseas, and as the flagship enterprise of Shanghai Industrial Group, it allows us to seize investment opportunities in China, leveraging advantages rooted in Hong Kong and relying on Shanghai. After more than twenty years of development, SHANGHAI IND H has become a comprehensive enterprise focusing on four core businesses: Infrastructure and Eco-friendly Concept (including toll roads/bridges, Sewerage, and Solid Waste Treatment), big health, Real Estate, and Consumer products (including Nanyang Tobacco and Yongfa Printing). SHANGHAI IND H will continue to enhance its corporate governance level and strive to create greater value for Shareholders.

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