Voluntary Announcement on Business Update

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ZHEJIANG EXPRESSWAY CO., LTD.
(A joint stock limited company incorporated in the People's Republic of China with limited liability)
(Stock code: 0576)

VOLUNTARY ANNOUNCEMENT ON BUSINESS UPDATE

This is a voluntary announcement made by Zhejiang Expressway Co., Ltd. (the "Company" and together with its subsidiaries, the "Group") to inform its shareholders of the latest business development of the Group.

The directors (the "Directors") of the Company are pleased to announce the key financial figures of our subsidiary, Zheshang Securities Co., Ltd., for the six months ended June 30, 2018.

Set out below are the key unaudited financial figures of Zheshang Securities Co., Ltd. for the six months ended June 30, 2018.

Unaudited, Rmb'000
		Six months ended			As at
		June 30, 2018			June 30, 2018
		Income	Net Profit		Net Asset
Zheshang Securities1		1,763,970.6	400,521.7		13,465,962.6
1. Zheshang Securities Co., Ltd., a 63.74% owned subsidiary of Zhejiang Shangsan Expressway Co., Ltd., who in turn is a 73.625% owned subsidiary of the Company.

On behalf of the Board      
Zhejiang Expressway Co., Ltd.
YU Zhihong              
Chairman                

Hangzhou, the PRC, July 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.