Shenzhen Investment Ends Toll Adjustment Agreement

Shenzhen Investment Holdings Bay Area Development Company (HK:0737) has released an update.

Shenzhen Investment Holdings Bay Area Development Company announced the end of a toll adjustment agreement for freight vehicles on the Shenzhen section of the Guangshen Coastal Expressway, effective from December 31, 2024. This decision marks the conclusion of a toll reduction initiative that began in March 2018, where freight vehicles benefited from a 50% toll discount. Investors may see this as a significant development affecting future revenue streams for the company.

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