Announcement No.: 2026-002
Guangdong Provincial Expressway Development Co., Ltd.
2025 Annual Report Abstract
I. Important Notice
This annual report summary is extracted from the full annual report. To fully understand the
Company's operating results, financial position, and future development plans, investors should
carefully read the full annual report at the media outlets designated by the China Securities
Regulatory Commission (CSRC).
All the directors attended the board meeting for reviewing the Annual Report.
Non standard audit opinion
□ Applicable √ Not applicable
The board examed common shares profit distribution plan and capitalizing of common reserves
plan for the Period.
√ Applicable □ Not applicable
Whether the capital reserve to share capital
□ Applicable √ Not applicable
The profit distribution proposal reviewed and approved by the boarding meeting was summarized
as follows:2,090,806,126 for the base, the Company would distribute cash dividend to all the
shareholders at the rate of CNY 6.04 for every 10 shares (with tax inclusive) , 0 bonus shares
（including tax）and no reserve would be converted into share capital.
Profit distribution plan for preferred shares adopted by the Board of Directors in the reporting
period
□ Applicable √ Not applicable
II. .Basic Information of the Company
1. Company Profile
Stock abbreviation: Guangdong Expressway A,B Stock code： 000429、200429
Stock exchange for Shenzhen Stock Exchange
listing
Contact person and Board secretary Securities affairs Representative
contact manner
Name Yang Hanming Liang Jirong
46/F, Litong Plaza, No.32, Zhujiang East 45/F, Litong Plaza, No.32, Zhujiang East
Contact address Road, Zhujiang New City, Tihe Disrtict , Road, Zhujiang New City, Tihe Disrtict ,
Guangzhou Guangzhou
Tel 020-29004619 020-29004523
Fax 020-38787002 020-38787002
E-mail Hmy69@126.com 139221590@qq.com
2. Main Business the Company is Engaged in During the Report Period
The Company is mainly engaged in tolling and maintenance of Guangfo Expressway, Fokai
Expressway ,Jingzhu Expressway Guangzhu Section and Guanghui Expressway investment in
technological industries and provision of relevant consultation while investing in Shenzhen
Huiyan Expressway Co., Ltd.,
Guangdong Jiangzhong Expressway Co., Ltd., Zhaoqing Yuezhao Expressway Co.,
Ltd.,Ganzhou Kangda Expressway , Ganzhou Gankang Expressway Co., Ltd.,Guangdong Yuepu
Technology Petty Loan Co., Ltd.,Guangle Expressway Co., Ltd.,Guoyuan Securities Co., Ltd.,
Garage electric pile Holding (Shenzhen) Co., Ltd.and SPIC Yuetong Qiyuan Chip Power
Technology Co., Ltd..
As of the end of the reporting period, the company’s share-controlled expressway is 306.78 km,
and the share-participation expressway is 295.88 km.
Participate in the holding of the expressway situation
Volume of vehicle traffic in Increase Toll income in 2025 Increase
2025（Ten thousands vehicles） /Decrease(%) （Ten thousands） /Decrease(%
Guangfo Expressway 10,374.41 4.54% - -
Fokai Expressway 8,816.05 -2.24% 142,377.62 -4.78%
Jingzhu Expressway 7,380.06 -5.25% 95,553.75 -11.50%
Guangzhu East Section
Guanghui Expressway 8,941.49 3.11% 200,330.19 4.08%
Huiyan Expressway 5,739.66 24.81% 24,895.27 22.02%
Guangzhao Expressway 3,885.44 -7.61% 47,550.80 -11.34%
Jiangzhong Expressway 6,334.92 6.09% 43,085.65 23.16%
Kangda Expressway 142.94 -6.92% 29,664.07 -2.85%
Gankang Expressway 319.56 -23.93% 19,473.98 -8.45%
Guangle Expressway 3,853.68 -1.50% 252,890.12 -12.51%
Note. According to the informal letter No. 24-[2022] Yue Transportation Operation-"Notice of the
Department of Transportation of Guangdong Province on Issues Concerning the Expiration of Toll
Collection of Guangfo Expressway" issued by Guangdong Provincial Department of
Transportation, Guangfo Expressway shall stop toll collection from 0:00 on March 3, 2022.
1) Foshan–Kaiping Expressway: Experienced a year-on-year decrease in traffic volume and toll
revenue, impacted by the traffic diversion effect on traffic flows between eastern and western
Guangdong following the opening of the Shenzhen –Zhongshan Link and Zhongshan –Kaiping
Expressway, as well as the full closure of the main line from Sicun Interchange to Lianhuashan
Interchange on the Shenzhen – Cenxi Expressway (Jiangmen Sectio
