2024 環 境、 社 會 及管治報告 深圳投控灣區發展有限公司 環境、社會及管治報告2024 目錄 | 2 | 1. 關於本報告 | | --- | --- | | 5 | 2. 關於灣區發展 | | 9 | 主席序言 3. | | 10 | 穩健治理，夯實發展之基 4. | | 10 | 風險分析與應對 | | 10 | （一） 精進公司治理 | | 13 | （二） 深耕責任治理 | | 17 | （三） 堅守道德治理 | | 19 | 卓越運營，建設滿意交通 5. | | 19 | 風險分析與應對 | | 19 | （一） 安全為先，守平安交通 | | 22 | （二） 質量為本，築品質交通 | | 25 | （三） 服務至上，促和諧交通 | | 30 | 聚才匯智，塑造多元舞臺 6. | | 30 | 風險分析與應對 | | 30 | （一） 維護人本權益 | | 31 | （二） 賦能人才成長 | | 34 | （三） 傾注人文關懷 | | 37 | （四） 保障職業健康 | | 40 | 7. 綠色低碳，繪就美麗家園 | | 40 | 風險分析與應對 | | 40 | （一） 貫徹綠色發展理念 ...

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全 部 或 任 何 部 分 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 Shenzhen Investment Holdings Bay Area Development Company Limited 深圳投控灣區發展有限公司 （於開曼群島註冊成立之有限公司） 股份代號：737 （港幣櫃檯）及 80737（人民幣櫃檯） 股 東 週 年 大 會 通 告 茲 通 告 深 圳 投 控 灣 區 發 展 有 限 公 司（「本 公 司」）謹 訂 於2025年5月21日（星 期 三） 上 午11時 正 假 座 香 港 灣 仔 港 灣 道30號 新 鴻 基 中 心4樓 舉 行 股 東 週 年 大 會，以 討 論 下 列 事 項： 三、（甲）重 選 吳 建 明 先 生 為 董 事； （乙）重 選 薛 鵬 先 ...

此 乃 要 件 請 即 處 理 閣 下 如 對 本 通 函 任 何 方 面 或 應 採 取 之 行 動 有 任 何 疑 問，應 諮 詢 持 牌 證 券 交 易 商 或 註 冊 證 券 機 構、銀 行 經 理、律 師、專 業 會 計 師 或 其 他 專 業 顧 問。 閣 下 如 已 售 出 或 轉 讓 名 下 所 有 深 圳 投 控 灣 區 發 展 有 限 公 司（「本 公 司」）股 份，應 立 即 將 本 通 函 連 同 隨 附 之 代 表 委 任 表 格 送 交 買 主 或 承 讓 人 或 經 手 買 賣 或 轉 讓 之銀行、持牌證券交易商或註冊證券機構或其他代理商，以便轉交買主或承讓人。 香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 通 函 之 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 就 因 本 通 函 全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 Shenzhen Investment Holdings Bay Area Developmen ...

Financial Performance - The net toll revenue attributable to the group for 2024 is projected to be RMB 2,668 million, representing a 24% increase from 2023[6]. - The profit attributable to equity shareholders for 2024 is expected to be RMB 461 million, a decrease of 13% compared to 2023[12]. - The total revenue for the group in 2023 is reported at RMB 2,951 million, which is an increase of 44% from RMB 2,050 million in 2022[13]. - The overall net profit for 2023 is reported at RMB 638 million, a 95% increase from RMB 327 million in 2022[12]. - The company's revenue from investment projects for 2024 is approximately RMB 2.809 billion, with a profit attributable to equity shareholders of about RMB 461 million, representing a 13% year-on-year decline in basic earnings per share to RMB 0.1496[21]. - The total revenue for the group decreased by 5% year-on-year to approximately RMB 2.809 billion, with a net profit attributable to equity shareholders of the company declining by 13% to approximately RMB 461 million[79]. Revenue Sources - The revenue from the Guangshen Expressway is anticipated to be RMB 1,298 million in 2024, slightly down from RMB 1,301 million in 2023[13]. - The revenue from the Ningtang Interchange is projected to be RMB 141 million in 2024, a significant decrease from RMB 369 million in 2023[13]. - The overall toll revenue from the group's three highways showed growth, with significant increases in traffic and toll revenue on the Shenzhen section of the Yanjiang Expressway due to the opening of its second phase and the Shenzhen-Zhongshan Link[23]. - The total toll revenue for the Guangzhou-Shenzhen Expressway in 2024 is approximately RMB 2.885 billion, with an average daily toll revenue of about RMB 7.88 million, reflecting a 0.5% year-on-year decline[59]. - The total toll revenue for the Guangzhu West Line Expressway in 2024 is approximately RMB 1.269 billion, with a daily average toll revenue of about RMB 3.47 million, reflecting a year-on-year decrease of 3%[65]. - The total toll revenue for the Shenzhen section of the Yanjiang Expressway in 2024 is approximately RMB 736 million, with a daily average toll revenue of about RMB 2.01 million, representing a year-on-year increase of 17%[71]. Debt and Financial Ratios - The debt-to-asset ratio for 2024 is projected to be 66%, indicating a stable financial leverage position[7]. - The net debt-to-equity ratio is expected to be 40% in 2024, reflecting a conservative approach to financing[7]. - The total assets of the company as of December 31, 2023, amount to RMB 12.413 billion, while total liabilities are RMB 4.710 billion, resulting in a debt-to-asset ratio of 38%[14]. - The company's net debt-to-equity ratio is projected to rise to 74% by 2024, indicating an increase in leverage[17]. - The debt-to-asset ratio for the group was 40% in 2024, compared to 38% in 2023, indicating an increase in leverage[96]. - The net debt-to-equity ratio rose to 74% in 2024 from 64% in 2023, reflecting increased borrowing relative to equity[96]. Dividends - The company plans to distribute a final dividend of RMB 0.0715 per share for 2024, maintaining a payout ratio of 100% of the profit attributable to equity shareholders[21]. - The total regular dividend for the year ending December 31, 2024, is proposed at RMB 0.1495 per share, a decrease of 13% from RMB 0.1710 per share in the previous year[29]. - The regular dividend payout ratio is expected to be 100% of the group's profit attributable to equity shareholders for the year ending December 31, 2024[29]. - The company proposed a final dividend of RMB 0.0715 per share, compared to RMB 0.1155 per share for the previous year, reflecting a decrease of approximately 38.1%[179]. - The total dividend for the year will amount to RMB 0.1495 per share, down from RMB 0.1710 per share in the previous year, indicating a reduction of about 12.5%[179]. Infrastructure Development - The company aims to expand its infrastructure development within the Guangdong-Hong Kong-Macao Greater Bay Area, focusing on strategic land development[4]. - The group plans to actively promote land development projects along the Guangshen Expressway, including the Luogang Interchange and Tongle Interchange, as important profit supplements for shareholders[24]. - The company is committed to exploring acquisition opportunities for other highway assets in the Greater Bay Area, focusing on "highway + road-related economy" development opportunities[25]. - The group is actively communicating with Guangdong Highway Construction to explore opportunities for land development along the Guangzhou-Shenzhen Expressway, focusing on key projects such as the Machong Interchange and Chang'an Interchange[77]. Economic Outlook - The company anticipates a stable economic environment in 2024, with GDP growth projected at 5.0% for China, benefiting its operations in the Greater Bay Area[22]. - In 2024, China's GDP is projected to grow by 5.0%, reaching approximately RMB 134.9 trillion[52]. - The Greater Bay Area's GDP is estimated at RMB 14.8 trillion, accounting for about 11% of the national GDP in 2024[53]. - The new infrastructure and public utility concession management regulations extend the maximum concession period to 40 years, increasing by 10 to 15 years compared to the previous limit[55]. Governance and Management - The board of directors is composed of four executive directors, two non-executive directors, and three independent non-executive directors, ensuring a third of the board consists of independent members[116]. - The company adheres to the Corporate Governance Code and has established governance procedures to enhance operational efficiency and shareholder value[111]. - The company has established a mechanism for directors to seek independent professional advice at the company's expense when necessary[117]. - The company has arranged appropriate insurance to protect directors and senior personnel against legal claims[119]. - The audit committee is responsible for reviewing and monitoring the independence and objectivity of external auditors, as well as approving their remuneration[127]. - The company has adopted a comprehensive risk management framework that includes identifying, communicating, mitigating, and reporting significant risks, including ESG risks[149]. Employee and Labor Policies - The group offers competitive labor compensation based on current market levels and employee performance, including discretionary bonuses and retirement contributions[110]. - The company has implemented training programs to enhance employee productivity and address skill gaps, contributing to the achievement of annual key work tasks[110]. - The company aims for gender diversity in its workforce, achieving a balanced gender ratio of 50% male and 50% female among all employees by December 31, 2024[123]. Risk Management - The company maintains a "zero tolerance" policy towards corruption, bribery, and fraud, supported by a code of conduct and a whistleblowing policy[148]. - The risk assessment identified macroeconomic, financial, exchange rate, road safety, and toll system security as the highest level risks faced by the company[155]. - The company integrates risk management into normal business processes and aligns it with strategic objectives[147]. - The internal control procedures include a detailed budgeting, information reporting, and performance monitoring system[152]. Shareholder Communication - The company has adopted a shareholder communication policy to ensure timely and equal access to information for shareholders and potential investors[162]. - The company’s annual general meeting serves as a key communication channel with shareholders, allowing them to express their opinions directly to the board[165]. - The company participated in over 20 investor relations activities this year, engaging with more than 150 investors and analysts[166]. - The company completed the editing and disclosure of its annual and semi-annual reports on time, providing in-depth analysis of its operational and financial conditions[167].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 董事會會議通知 深圳投控灣區發展有限公司（「本公司」）董事會（「董事會」）謹此宣佈，董事會會 議將於 2025 年 4 月 25 日（星期五）假座香港灣仔港灣道 30 號新鴻基中心 49 樓 4902 至 4916 室舉行，藉以批准(其中包括)本公司及其附屬公司截至 2025 年 3 月 31 日止三個 月之業績。 承董事會命 深圳投控灣區發展有限公司 劉繼 執行董事及副總經理 香港，2025年4月11日 於本公告日期，董事會成員包括四名執行董事，分別為廖湘文先生(主席)、吳建明先生(總經理)、 吳成先生(副總經理)及劉繼先生(副總經理兼董事會秘書)；兩名非執行董事，分別為陳思燕女士 及王軒先生；以及三名獨立非執行董事，分別為程如龍先生、簡松年先生及薛鵬先生。 ...

董事名單與其角色和職能 深圳投控灣區發展有限公司董事會（「董事會」）成員載列如下： 執行董事 廖湘文先生 （主席） 吳建明先生 （總經理） 吳成先生 （副總經理） 劉繼先生 （副總經理兼董事會秘書） 非執行董事 陳思燕女士 王軒先生 獨立非執行董事 程如龍先生 簡松年先生SBS JP 薛鵬先生 Shenzhen Investment Holdings Bay Area Development Company Limited 深 圳 投 控 灣 區 發 展 有 限 公 司 （於開曼群島註冊成立之有限公司） 股份代號﹕737（港幣櫃檯）及 80737（人民幣櫃檯） 簡松年先生 SBS JP（主席） 程如龍先生 薛鵬先生 提名委員會 廖湘文先生 （主席） 程如龍先生 簡松年先生 SBS JP 香港，2025年4月11日 董事會設立3個委員會。各董事會成員在這些委員會中所擔任的職位載列如下： 審計委員會 程如龍先生 （主席） 簡松年先生 SBS JP 薛鵬先生 薪酬委員會 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 委任總經理 深圳投控灣區發展有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事 （「董事」）會（「董事會」）宣佈，於 2025 年 4 月 11 日起，執行總經理吳建明先生 （「吳先生」）獲升任為本公司總經理（「總經理」）。吳先生將繼續擔任本公司執行 董事及執行董事委員會成員。吳先生負責管理本集團日常運營。 吳先生，44 歲，於 2022 年 2 月 4 日獲委任為本公司執行董事、執行總經理及執行董事委 員會成員。彼並獲委任為本公司多間附屬公司及合營公司之董事及／或董事長，包括擔 任深灣基建（深圳）有限公司董事長、深圳市廣深沿江高速公路投資有限公司董事長、 廣東廣珠西綫高速公路有限公司董事長、廣深珠高速公路有限公司副董事長、合和中國 發展（高速公路）有限公司董事、合和廣珠高速公路發展有限公司董事及深灣城市投資 （深圳）有限公司董事。 Shenzhen Investment Holdings Bay ...

深圳投控灣區發展有限公司（「本公司」，連同其附屬公司，統稱「本集團」）董事 會（「董事會」）謹此公佈本集團 2025 年 2 月未經審核之營運資料如下： | | 2024 年 2 月 | 2025 年 2 月 | 變動 % | | --- | --- | --- | --- | | 於營運層面 | | | | | 廣深高速公路 | | | | | 月總路費收入（人民幣千元） | 152,308 | 207,056 | 36% | | 日均路費收入（人民幣千元） | 5,252 | 7,395 | 41% | | 廣珠西綫高速公路 | | | | | 月總路費收入（人民幣千元） | 73,165 | 83,929 | 15% | | 日均路費收入（人民幣千元） | 2,523 | 2,997 | 19% | | 沿江高速公路（深圳段） | | | | | 月總路費收入（人民幣千元） | 30,778 | 49,105 | 60% | | 日均路費收入（人民幣千元） | 1,061 | 1,754 | 65% | 註： 路費收入不包括稅項 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對 ...

EF002 EF002 | 1712-1716號舗 | | | --- | --- | | 香港 | | | 代扣所得稅信息 | | | 股息所涉及的代扣所得稅 | 不適用 | | 發行人所發行上市權證/可轉換債券的相關信息 | | | 發行人所發行上市權證/可轉換債券 | 不適用 | | 其他信息 | | | 其他信息 | 不適用 | | 發行人董事 | | | 董事會成員包括四名執行董事，分別為廖湘文先生(主席)、吳建明先生(執行總經理)、吳成先生(副總經理)及劉繼先生(副總經理兼 | 董事會秘書)；兩名非執行董事，分別為陳思燕女士及王軒先生；以及三名獨立非執行董事，分別為程如龍先生、簡松年先生及薛 | | 鵬先生。 | | 第 2 頁 共 2 頁 v 1.1.1 免責聲明 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 | 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | --- | --- | | | 股票發行人現金股息（可選擇貨幣）公告 | | 發行人名稱 | 深圳投控灣區發展有限 ...

Financial Performance - Profit attributable to equity shareholders decreased by 13% year-on-year to approximately RMB 461 million, primarily due to provisions related to road resurfacing responsibilities and a decline in performance from the Park Shangcheng project[3]. - The group's total revenue for the year ended December 31, 2024, was approximately RMB 2.81 billion, a decrease of 5% compared to RMB 2.95 billion in 2023[57]. - The net profit attributable to the company's equity shareholders for the year was approximately RMB 461 million, reflecting a year-on-year decrease of 13% from RMB 528 million[57]. - The company's revenue for the year ended December 31, 2024, was RMB 879,489,000, a decrease of 6.9% compared to RMB 944,777,000 in 2023[99]. - The net profit for the year was RMB 597,859,000, down 6.3% from RMB 638,229,000 in the previous year[101]. - Basic earnings per share decreased to RMB 14.96 from RMB 17.15, reflecting a decline of 12.9%[99]. - The net profit from the group's share of the three toll highway projects totaled approximately RMB 846 million, an increase of 2% from RMB 830 million last year[65]. - The corporate income tax expense for 2024 was RMB 25,374,000, a substantial increase from RMB 1,701,000 in 2023[126]. Revenue and Toll Collection - Net toll revenue increased by 1% year-on-year to approximately RMB 2.668 billion, driven by the opening of the second phase of the Jiangjiang Expressway (Shenzhen section) and the Shenzhen-Zhongshan Link in June 2024[3]. - The total toll revenue for the Guangzhou-Shenzhen Expressway in 2024 is projected to be approximately RMB 2.885 billion, with a daily average toll revenue decrease of 0.5% to about RMB 7.88 million[39]. - The total toll revenue for the Guangzhu West Line Expressway in 2024 is approximately RMB 1.269 billion, with a daily average toll revenue of about RMB 3.47 million, reflecting a year-on-year decrease of 3%[43]. - The total toll revenue for the Shenzhen section of the Yanjiang Expressway in 2024 is estimated at around RMB 736 million, with a daily average toll revenue increasing by 17% to approximately RMB 2.01 million[47]. - The contribution of Class I vehicles to the toll revenue and mixed traffic volume on the Guangzhou-Shenzhen Expressway is 82.2% and 92.2%, respectively[39]. Dividends and Shareholder Returns - The company proposed a final dividend of RMB 0.0715 per share, with a total payout ratio of 100% of profit attributable to equity shareholders[6]. - The company proposed a final dividend of RMB 0.0715 per share, which, along with the interim dividend, results in a total regular dividend of RMB 0.1495 per share, a decrease of 13% from the previous year's RMB 0.1710 per share[17]. - Total dividends paid increased to RMB 596,307,000 in 2024 from RMB 271,189,000 in 2023, indicating a significant rise in shareholder returns[130]. Project Developments and Future Plans - The company is actively participating in land development projects along expressways, with plans to advance projects like Luogang Interchange and Tongle Interchange to supplement profits[11]. - The Guangzhou-Shenzhen section of the Jinggang'ao Expressway expansion project is progressing steadily, with multiple construction tenders completed and entering full implementation[9]. - The company anticipates the approval of the Shenzhen section expansion project by 2025, aiming to commence construction as soon as possible[12]. - The company aims to enhance its core competitiveness in the toll road industry through the ongoing expansion of the Jinggang'ao Expressway and the exploration of acquisition opportunities in the Greater Bay Area[12]. - The company is focusing on the management of individual toll road projects and land development projects following the acquisition of the Jiang River Company in 2022[114]. Economic Environment - The GDP of Guangdong Province is projected to grow by 3.5% year-on-year, reaching approximately RMB 14.16 trillion, providing a favorable economic environment for the company's operations[8]. - In 2024, China's GDP is projected to grow by 5.0%, reaching approximately RMB 134.9 trillion[27]. - The Greater Bay Area's GDP in 2024 is estimated at RMB 14.8 trillion, accounting for about 11% of the national GDP[29]. Financial Position and Debt - As of December 31, 2024, the group's cash and cash equivalents were RMB 291 million, down from RMB 382 million in 2023[74]. - The group's net debt at headquarters increased to RMB 3.755 billion from RMB 3.168 billion in the previous year[74]. - The group's total liabilities increased to RMB 9,785 million in 2024 from RMB 9,333 million in 2023, representing a rise of about 4.8%[76]. - The debt-to-asset ratio increased to 40% in 2024 from 38% in 2023, indicating a higher leverage position[76]. - The net debt-to-equity ratio rose to 74% in 2024 from 64% in 2023, reflecting increased reliance on debt financing[76]. Operational Insights - The company is responsible for the construction and management of the toll road during the concession period, which is set to expire no later than 2038[132]. - The company will conduct internal reviews of the forecasted total standard vehicle flow annually, with independent traffic research institutions engaged every 3 to 5 years to ensure accurate projections[133]. - The company has recognized an impairment loss of RMB 2,638,235,000 related to the operating intangible assets as of December 31, 2024[133]. Governance and Compliance - The board of directors includes four executive directors and three independent non-executive directors, ensuring a diverse governance structure[145]. - The company maintained compliance with all provisions of the corporate governance code, except for the absence of the chairman at the annual general meeting due to other commitments[96].