Sichuan Expressway Company Limited (601107.SH): Toll Collection Period for Chengdu North Exit Expressway Set to Expire

Stock News09-04

Sichuan Expressway Company Limited (601107.SH) announced that the toll collection period for the Chengdu North Exit Expressway, operated by its controlling subsidiary Chengdu North Exit Expressway Co., Ltd (in which the company holds a 60% stake), will expire on September 17, 2025. According to a notice from the Sichuan Provincial Department of Transportation, toll collection on the Chengdu North Exit Expressway will cease at 24:00 on September 17, 2025, and all vehicles traveling on this section will be exempt from toll fees thereafter.

The company will ensure timely termination of toll collection in accordance with the unified deployment of competent authorities and will handle subsequent related work accordingly. The Chengdu North Exit Expressway generated total toll revenue of 103 million yuan in 2024, representing a relatively small portion of the company's total toll revenue of 47.77 billion yuan for 2024. The expiration of the toll collection period will not have a material impact on the company's performance.

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