Hong Kong Stock Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(A joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock code: 0576)

ANNOUNCEMENT

KEY FINANCIAL INFORMATION OF ZHESHANG SECURITIES CO., LTD.

FOR THE FIRST QUARTER ENDED MARCH 31, 2018

The board of directors (the "Board") of Zhejiang Expressway Co., Ltd. (the "Company") is pleased to announce the report of our subsidiary, Zheshang Securities Co., Ltd. ("Zheshang Securities", the A Shares of which are listed and traded on the Shanghai Stock Exchange) (Stock code: 601878) for the first quarter of 2018, which was published on April 25, 2018 (the "Report").

The Board would like to draw the attention of the shareholders of the Company and public investors to the following key financial data of Zheshang Securities for the first quarter ended March 31, 2018 as stated in the Report:

Unit: Yuan Currency: RMB

Increase/decrease

As at the end

in this reporting period

of current

As at the end

as compared to the end

reporting period

of last year

of last year (%)

Total assets

53,266,917,553.98

52,920,373,669.37

0.65%

Net assets attributable to shareholders of the listed

company

13,685,954,818.57

13,513,891,234.11

1.27%

Beginning of the year

Beginning of last year

Increase/decrease

to the end of the current

to the end of

as compared to the

reporting period

last reporting period

corresponding period

(January to March)

(January to March)

last year (%)

Net cashflow generated from operating activities

1,659,305,648.10

(1,174,481,956.13)

241.28%

1

Beginning of the year

Beginning of last year

Increase/decrease

to the end of the current

to the end of last

as compared to

reporting period

reporting period

the corresponding

(January to March)

(January to March)

period last year (%)

Operating income

810,776,383.72

1,012,654,167.65

(19.94%)

Net profit attributable to shareholders of the listed

company

200,005,835.44

263,921,256.39

(24.22%)

Net profit attributable to shareholders of the listed

company after deducting non-recurring

profit and loss

193,581,655.50

259,993,549.55

(25.54%)

Weighted average returns on net assets (%)

1.47%

2.72%

1.25 percentage points less

Basic earnings per share (Yuan/share)

0.06

0.09

(33.33%)

Diluted earnings per share (Yuan/share)

0.06

0.09

(33.33%)

Note: The full text of the Report is published on the website of the Shanghai Stock Exchange

(http://www.sse.com.cn).

On behalf of the Board Zhejiang Expressway Co., Ltd.

YU Zhihong

Chairman

Hangzhou, the PRC, April 25, 2018

As at the date of this announcement, the Chairman of the Company is Mr. YU Zhihong; the executive Directors of the Company are: Mr. CHENG Tao and Ms. LUO Jianhu; the other non-executive Directors of the Company are: Mr. DAI Benmeng, Mr. YU Qunli and Mr. YU Ji; and the independent non-executive Directors of the Company are: Mr. PEI Ker-Wei, Ms. LEE Wai Tsang, Rosa and Mr. CHEN Bin.

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Zhejiang Expressway Co. Ltd. published this content on 25 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 April 2018 10:37:06 UTC