2025年10月31日，深高速2025年第三季度业绩说明会在全景网顺利举行。出席本次业绩说明会的人员有 执行董事兼总裁廖湘文、独立董事徐华翔、总会计师兼董事会秘书赵桂萍。 根据全景数据后台统计，在今天的交流过程中，来自全国多个省、市地区的投资者共向上市公司提问16 个，公司嘉宾共回答问题16个，答复率100.00%，充分实现了上市公司与投资者的良好互动。 以下为业绩说明会问答实录： 回答：您好，公司目前没有进军创投业。谢谢您对公司的关注。 回答：公司在收费公路业务方面的发展策略是：1、继续整固提升收费公路业务，全力推进机荷改扩 建、京港澳高速广深段改扩建、外环三期等重大项目的投资建设，积极争取其他优质高速公路项目的投 资机会，持续扩大收费公路资产规模，保持公路主业优势。2、顺应信息技术的发展趋势标，积极推动 收费公路数字化转型，包括既有高速公路BIM建模及数字化管理研发建设，打造一体化路网监测信息系 统平台，提升交通数据的采集、分析和预测能力，推动数字化技术与生产经营深度融合，全面提升道路 建设、运营管理水平和服务能力，提高通行效率，吸引车主通行。3、探索上下游产业链市场化项目， 包括道路综合管养、建设管理服 ...

智通财经APP获悉，香港联交所最新数据显示，10月31日，招商局公路网络科技控股股份有限公司增持 深圳高速公路股份(00548)22.8万股，每股作价7.195港元，总金额约为164.05万港元。增持后最新持股数 目约为1.42亿股，持股比例为19%。 （原标题：招商局公路网络科技控股股份有限公司增持深圳高速公路股份(00548)22.8万股 每股作价约 7.2港元） ...

香港联交所最新数据显示，10月31日，招商局公路网络科技控股股份有限公司增持深圳高速公路股份 (00548)22.8万股，每股作价7.195港元，总金额约为164.05万港元。增持后最新持股数目约为1.42亿股， 持股比例为19%。 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00548 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 747,500,000 | RMB | | 1 RMB | | 747,500,000 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 747,500,000 | RMB | | 1 RMB | | 747,500,000 | | 2. 股份分類 | 普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | ...

Core Viewpoint - The company has announced a change in accounting estimates regarding the unit traffic volume amortization of its intangible assets related to the Jiangyan Expressway, effective from July 1, 2025, which will increase the amortization amount from RMB 7.09 to RMB 9.32 per standard vehicle, reflecting actual traffic conditions and forecasts [19][22][44]. Financial Data - The company reported that the financial data in the quarterly report is accurate and complete, with no significant omissions or misleading statements [2][4]. - The company has not audited the third-quarter financial statements [4]. Shareholder Information - As of the end of the reporting period, the total number of shareholders is 20,849, with 20,526 A-share shareholders and 323 H-share shareholders [6]. - The top ten shareholders and their holdings have been disclosed, with significant stakes held by entities such as Yunshan Capital and Zhaoshang Highway [8][11]. Operational Data - The average daily mixed traffic volume data does not include free traffic during holiday periods, and the reported income is exclusive of tax [9]. - The company has a cargo compensation agreement with the Shenzhen Transportation Bureau, which will end on December 31, 2024, after which normal toll rates will apply [9][10]. Investment Activities - The company has engaged in five new principal-protected floating income financial product transactions during the reporting period, with a total investment amount of RMB 1.5 billion [14]. - The balance of financial products held by the company at the end of the reporting period was RMB 3.74 billion, with no overdue principal or income [14]. Meeting Resolutions - The board of directors approved the change in accounting estimates and the third-quarter report during the meeting held on October 30, 2025, with unanimous support [42][44]. - The supervisory board also reviewed and approved the third-quarter report, confirming compliance with relevant laws and regulations [36][34].

Core Viewpoint - The company, Shenzhen Expressway Development Co., Ltd. (深高速), has shown solid performance in the toll road and environmental sectors, with significant revenue growth and a stable outlook for future earnings despite challenges in profitability metrics compared to industry averages [2][3][6][7]. Group 1: Company Overview - Shenzhen Expressway was established on December 30, 1996, and listed on the Shanghai Stock Exchange on December 25, 2001, with its registered office in Shenzhen, Guangdong Province [1]. - The company primarily engages in the investment, construction, and operation of toll roads, holding a strong position in the South China region with quality road assets and a robust environmental business layout [1]. Group 2: Financial Performance - For Q3 2025, Shenzhen Expressway reported revenue of 60.5 billion yuan, ranking 5th among 20 companies in the industry, with the top competitor, Shandong Expressway, generating 168.41 billion yuan [2]. - The net profit for the same period was 15.97 billion yuan, placing the company 6th in the industry, with the leading company, China Merchants Highway, achieving 44.23 billion yuan [2]. Group 3: Profitability and Debt Metrics - As of Q3 2025, the company's debt-to-asset ratio stood at 54.14%, down from 58.40% year-on-year, but still above the industry average of 41.31% [3]. - The gross profit margin for Q3 2025 was 36.59%, a decrease from 39.04% year-on-year, and below the industry average of 46.20% [3]. Group 4: Shareholder Information - As of June 30, 2025, the number of A-share shareholders increased by 13.01% to 19,600, while the average number of shares held per shareholder decreased by 11.51% to 73,200 [5]. - By September 30, 2025, Huatai-PineBridge SSE Dividend ETF became the eighth largest shareholder, increasing its holdings by 1.93 million shares [5]. Group 5: Business Highlights and Future Outlook - In H1 2025, the company experienced a 24% year-on-year increase in profits, driven by a 4.3% rise in toll revenue, attributed to the opening of the Shenzhen-Zhongshan Corridor and the Jiangsu Phase II project [6][7]. - The environmental business segment, particularly the kitchen waste treatment operations, generated 3.9 billion yuan in revenue, reflecting a 26.2% increase, bolstered by the commencement of the Guangming Environmental Park project [6][7]. - Future revenue projections for 2025 to 2027 are estimated at 96.10 billion yuan, 100.65 billion yuan, and 104.89 billion yuan, respectively, with net profits expected to be 17.61 billion yuan, 18.48 billion yuan, and 18.79 billion yuan [6].

Group 1 - The company Shenzhen Expressway Company Limited (00548) announced toll revenue figures for various projects as of September 2025 [1] - The toll revenue for Meiguan Expressway is RMB 12.025 million [1] - The toll revenue for Jihuo East Section is RMB 57.904 million [1] - The toll revenue for Jihuo West Section is RMB 47.634 million [1] - The toll revenue for Yangjiang Project is RMB 69.047 million [1] - The toll revenue for Outer Ring Project is RMB 106 million [1]

智通财经APP讯，深圳高速公路股份(00548)发布公告，于2025年9月，梅观高速、机荷东段、机荷西 段、沿江项目及外环项目路费收入分别为人民币1202.5万元、5790.4万元、4763.4万元、6904.7万元及 1.06亿元。 ...

Core Viewpoint - Shenzhen Expressway Company reported a revenue of 6.05 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 3.24% [1] - The net profit attributable to shareholders reached 1.47 billion yuan, marking a year-on-year increase of 7.01% [1] - Basic earnings per share stood at 0.575 yuan [1] Financial Performance - Revenue for the first three quarters: 6.05 billion yuan, up 3.24% year-on-year [1] - Net profit attributable to shareholders: 1.47 billion yuan, up 7.01% year-on-year [1] - Basic earnings per share: 0.575 yuan [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。 2025年9月未經審計路費收入 深圳高速公路集團股份有限公司（「本公司」）董事會（「董事會」）謹此公佈 本集團2025年9月的路費收入（未經審計）如下： | 收費公路 | 集團控股 | 收入合併 | 路費收入（人民幣千元） | | | --- | --- | --- | --- | --- | | | 比例 | 比例 | 總計 | 日均 | | 廣東省－深圳地區： | | | | | | 梅觀高速 | 100% | 100% | 12,025 | 401 | | 機荷東段 | 100% | 100% | 57,904 | 1,930 | | 機荷西段 | 100% | 100% | 47,634 | 1,588 | | 沿江項目 | 100% | 100% | 69,047 | 2,302 | | 外環項目 | 100% | 100% | 105,525 | 3,517 | | 龍大高速 | 89.93 ...