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Shenzhen Expressway Co ( (HK:0548) ) just unveiled an announcement.
Shenzhen Expressway said toll collection will cease on the Shuiguan Expressway section from Shuijingcun to Guanjingtoucun in Shenzhen at 24:00 on 25 April 2026, following directives from provincial and municipal authorities. The road is operated by Shenzhen Qinglong Expressway Co., in which Shenzhen Expressway holds a 50% stake, and Qinglong will hand over the related assets in line with transport authority rules.
The company stated that the end of toll operations on this section is not expected to have a material impact on its overall financial position or operating results. Investors are directed to past financial reports and monthly toll revenue disclosures for historical data on Shuiguan Expressway’s performance, suggesting that the asset’s contribution is relatively limited within the group’s broader expressway portfolio.
More about Shenzhen Expressway Co
Shenzhen Expressway Corporation Limited is a Chinese toll-road operator based in Shenzhen, focusing on the investment, construction, and operation of expressways and related infrastructure in the People’s Republic of China. Through subsidiaries and joint ventures, the company participates in regional transportation projects that support urban connectivity and long-term traffic development in the Greater Bay Area.
Average Trading Volume: 2,361,958
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$24.41B
See more insights into 0548 stock on TipRanks’ Stock Analysis page.