SHENZHENEXPRESS (00548) Announces Toll Collection on Shuiguan Expressway to Cease from April 25

Stock News04-23

SHENZHENEXPRESS (00548) has issued an announcement stating that, according to documents from relevant provincial and municipal departments, the Shuijingcun to Guanjingtoucun Expressway in Shenzhen, also known as the Shuiguan Expressway, will stop collecting tolls starting from 24:00 on April 25, 2026. This expressway is invested in and operated by Shenzhen Qinglong Expressway Co., Ltd., in which SHENZHENEXPRESS holds a 50% stake. Qinglong Expressway will carry out the handover of assets related to the Shuiguan Expressway in accordance with the regulations and requirements of the transportation management authorities. Information regarding the assets and operations of the Shuiguan Expressway can be found in the company's previously disclosed periodic reports and monthly toll revenue announcements. The company anticipates that this matter will not have a significant impact on its asset status or operational results.

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