Announcement on the Distribution and Implementation of Cash Option for the Share Exchange Absorption Merger of China Merchants Highway Network Technology Holdings Co., Ltd.
The board of directors of North China Expressway Co., Ltd. and all directors guarantee that the content of this announcement does not contain any false records, misleading statements, or major omissions, and bear individual and joint responsibility for the authenticity, accuracy, and completeness of its content.
The plan for the share exchange absorption merger of North China Expressway Co., Ltd. (hereinafter referred to as "the Company" or "North China Expressway") by China Merchants Highway Network Technology Holdings Co., Ltd. (hereinafter referred to as "China Merchants Highway") has been approved at the second extraordinary general meeting of shareholders of North China Expressway in 2017 and has been approved by the China Securities Regulatory Commission under document [2017] 2126. Unless otherwise defined in this announcement, the terms or abbreviations used herein have the same meanings as defined in the "Report on the Share Exchange Absorption Merger of North China Expressway Co., Ltd. and Related Transactions (Revised Version)".