Core Viewpoint - Bay Area Development (00737) has received approval from the China Securities Regulatory Commission to issue a total of up to RMB 2 billion in corporate bonds (Panda bonds) in mainland China [1] Group 1: Bond Issuance Details - The approval allows Bay Area Development to publicly issue Panda bonds to professional investors within a validity period of 24 months from the date of approval by the CSRC [1] - The issuance time, scale, and other terms will be determined based on market conditions [1] - The coupon rate will be set according to the results of the book-building process conducted by the lead underwriter [1] Group 2: Listing Information - The Panda bonds are planned to be listed on the Shenzhen Stock Exchange [1]

Group 1 - The core point of the article is that the China Securities Regulatory Commission has approved Bay Area Development to publicly issue panda bonds totaling up to RMB 2 billion to professional investors in mainland China [1] - The approval allows Bay Area Development to issue the panda bonds in installments within a validity period of 24 months from the date of approval by the China Securities Regulatory Commission [1]

（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） 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聯合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，概不對因本聯合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。 ( 於中華人民共和國註冊成立的股份有限公司 ) (股份代號：00548) Shenzhen Investment Holdings Bay Area Development Company Limited 深 圳 投 控 灣 區 發 展 有 限 公 司 承董事會命 深圳投控灣區發展有限公司 執行董事及副總經理 劉繼 2025 年 8 月 28 日 - 1 - 趙桂萍 聯合公告 灣區發展在中國內地發行人民幣公司債券註冊獲得批覆 深圳高速公路集團股份有限公司（「深高速」）及深圳投控灣區發展有限公司（「灣區發 展」，深高速擁有約 71.83%權益之附屬公司）董事會欣然宣佈，中國證券監督管理委員 會（「中國證監會」）於近日已同意灣區發展在中國內地向專業投資者公開發行面值總額 不超過人民幣 20 億元的公司債券（「熊 ...

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。 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） 2025 年 7 月未經審核之營運資料 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 7 月未經審核之營運資料如下： | | 2024 年 7 月 | 2025 年 7 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） | 263,862 | 262,810 | -0.4% | | 日均路費收入（人民幣千元） | 8,512 | 8,478 ...

Core Viewpoint - The third Guangdong-Hong Kong-Macao Greater Bay Area Development Business Conference will be held on September 15-16, focusing on "Empowering the Greater Bay Area, Exploring New Opportunities" [1] Group 1: Event Details - The conference will include an opening ceremony, results release, plenary sessions, parallel thematic discussions, industry promotions, and business matchmaking [1] - Key topics for discussion will include international supply chain collaboration, global trade risk management, cross-border financial cooperation, commercial legal cooperation, AI-driven industries, and the biomedicine and health industry [1] - A report titled "Guangdong-Hong Kong-Macao Greater Bay Area Supply Chain Promotion Report" will be released to help domestic and foreign enterprises understand development opportunities and engage in supply chain cooperation [1] Group 2: Participation and Impact - The conference is co-hosted by the China Council for the Promotion of International Trade, the Guangdong Provincial Government, the Hong Kong SAR Government, and the Macao SAR Government [1] - The previous two conferences attracted over 2,000 representatives from nearly 30 countries and regions [1] - The China Council for the Promotion of International Trade aims to leverage the conference platform to enhance participation in the Greater Bay Area's development and assist the global business community in seizing market, investment, and growth opportunities [1]

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） 有關持續關連交易的補充公告 2025-2027 年沿江高速公路（深圳段）運營與養護管理委托合同 茲提述本公司日期為 2025 年 7 月 25 日就有關沿江公司及運營發展公司訂立 2025-2027 年 沿江高速公路（深圳段）運營與養護管理委託合同之公告（「該公告」）。除文義另有 所指外，本公告所用之所有詞彙與該公告所界定者具有相同涵義。 董事會謹此向股東及本公司潛在投資者提供與 2025-2027 年沿江高速公路（深圳段）運 營與養護管理委託合同項下定價政策有關之補充資料。 定價政策 1. 根據沿江高速公路（深圳段）的公路里程及車流量 ...

Core Viewpoint - The Guangdong province is accelerating the development of a modern service industry, leveraging its unique advantages from Hong Kong to enhance service trade and establish a unified market in the Greater Bay Area [2][3]. Group 1: Development of Modern Service Industry - The modern service industry is a crucial component of the economy, focusing on regulatory management and standards [2]. - Guangdong's modern service industry is currently leading nationally, particularly in technology innovation, financial services, and the digital economy [2]. - Despite its strengths, Guangdong faces challenges such as insufficient high-end supply and regional imbalances [2]. Group 2: Potential and Recommendations - The service trade potential in the Greater Bay Area remains largely untapped, with room for structural optimization [2]. - Compared to other domestic city clusters, the Greater Bay Area has distinct advantages due to its international ports and cultural diversity [3]. - It is suggested that the Greater Bay Area should consider pilot regions to implement a "Hong Kong+" model for modern service industry rules, promoting a unified market across the region [3].

Core Viewpoint - Shenzhen Expressway Group Co., Ltd. announced the mid-term performance of its subsidiary, Bay Area Development, highlighting significant financial metrics and a proposed dividend distribution for 2025 [1][2]. Financial Performance - For the first half of 2025, Bay Area Development reported operating revenue of approximately RMB 371 million, a pre-tax profit of approximately RMB 355 million, and a net profit attributable to shareholders of approximately RMB 234 million [2]. - As of June 30, 2025, the total assets of Bay Area Development were approximately RMB 13.033 billion, with net assets of approximately RMB 7.778 billion [2]. Dividend Proposal - Bay Area Development proposed a mid-term dividend distribution of approximately RMB 233 million, equating to RMB 0.0755 per share (including tax) [2]. Upcoming Events - The company will hold a half-year performance briefing on August 25 and 26, 2025, via online platforms to engage with investors [5][7]. - Investors are encouraged to submit questions for the briefing through designated channels [12].

Core Viewpoint - Bay Area Development (00737) reported a revenue of 371 million RMB for the six months ending June 30, 2025, representing a year-on-year decrease of 17.14% [1] - The company's profit attributable to equity shareholders was 234 million RMB, a decrease of 2.74% year-on-year, with basic earnings per share at 7.59 cents [1] Revenue Performance - The operational performance of the Guangzhou-Shenzhen Expressway, Guangzhou-Zhuhai West Line Expressway, and the Jiangjiang Expressway (Shenzhen section) varied significantly due to changes in surrounding road networks affecting toll revenue and traffic volume [1] - The average daily toll revenue for the Guangzhou-Shenzhen Expressway decreased by 3% year-on-year to approximately 7.5 million RMB, while the average daily mixed traffic volume increased by 3% to about 623,000 vehicles [1] - The average daily toll revenue for the Guangzhou-Zhuhai West Line Expressway fell by 12% year-on-year to around 3.01 million RMB, with the average daily mixed traffic volume also increasing by 3% to approximately 260,000 vehicles [1] - The average daily toll revenue and mixed traffic volume for the Jiangjiang Expressway (Shenzhen section) grew by 22% and 18% year-on-year, reaching about 2.05 million RMB and 213,000 vehicles, respectively [1] Net Toll Revenue Breakdown - The total net toll revenue amounted to approximately 1.254 billion RMB, with significant growth in toll revenue for the Jiangjiang Expressway (Shenzhen section) attributed to the simultaneous opening of the Jiangjiang Phase II and the Shenzhen-Zhongshan Channel in June 2024, as well as the end of truck toll adjustments starting January 2025 and the opening of the Mawan Tunnel [1] - The Guangzhou-Shenzhen Expressway and Guangzhou-Zhuhai West Line Expressway experienced negative diversion effects due to the further improvement of surrounding expressway networks [1]

湾区发展(00737)发布公告，该公司将于2025年11月7日派发中期股息每股0.0755元。 ...