Overseas Regulatory Announcement

Zhejiang Expressway Co., Ltd. announces Overseas Regulatory Announcement. For details, please visit:

https://mma.prnewswire.com/media/1985911/E_ORA__Chinese____Stock_dilution_immediate_returns_20230118.pdf

https://mma.prnewswire.com/media/1985912/E_ORA__Chinese____signing_share_subscription_agreement_20230118.pdf

https://mma.prnewswire.com/media/1985913/E_ORA__Chinese____Shareholder_meeting_exemption_Shangsan_20230118.pdf