The Ninghai-Shanghai Expressway announced that Spruce Capital, a wholly-owned subsidiary of Jiangsu Traffic Control, increased its H share holdings by 52.862 million shares through Hong Kong Stock Connect from November 12 to December 17, 2025, accounting for 1.05% of the company's total shares. After the increase in holdings, Jiangsu Traffic Control and its co-actors held a total of 2,824 million shares of the company, increasing their shareholding ratio from 55.00% to 56.05%.

The Ninghai-Shanghai Expressway announced that Spruce Capital, a wholly-owned subsidiary of Jiangsu Traffic Control, increased its H share holdings by 52.862 million shares through Hong Kong Stock Connect from November 12 to December 17, 2025, accounting for 1.05% of the company's total shares. After the increase in holdings, Jiangsu Traffic Control and its co-actors held a total of 2,824 million shares of the company, increasing their shareholding ratio from 55.00% to 56.05%.