Financial Performance - The company reported a total operating revenue for 2023 of CNY 9,295,304,371.69, a decrease of 0.82% compared to CNY 9,372,582,546.59 in 2022[23]. - Net profit attributable to shareholders for 2023 reached CNY 2,327,197,196.81, representing a 15.41% increase from CNY 2,016,496,533.08 in 2022[23]. - The net profit after deducting non-recurring gains and losses was CNY 2,240,100,027.08, an increase of 82.38% compared to CNY 1,228,230,901.37 in 2022[23]. - Basic earnings per share for 2023 were CNY 0.982, a 17.04% increase from CNY 0.839 in 2022[24]. - The company's operating cash flow for 2023 was CNY 4,094,812,227.87, up 21.53% from CNY 3,369,490,111.19 in 2022[23]. - The total assets at the end of 2023 were CNY 67,507,469,090.77, a decrease of 2.45% from CNY 69,204,698,015.50 at the end of 2022[23]. - The debt-to-asset ratio improved to 58.53% in 2023 from 60.46% in 2022, indicating better financial stability[49]. - The company reported quarterly revenues of CNY 2,924,016,131.69 in Q4 2023, with a net profit of CNY 788,297,700.97 attributable to shareholders[27]. Dividends and Shareholder Returns - The board has proposed a cash dividend of RMB 0.55 per share for the year 2023, subject to approval at the annual general meeting[3]. - The company proposed a cash dividend of 0.55 RMB per share for the 2023 fiscal year, totaling approximately 1.199 billion RMB, which is 56.03% of the net profit attributable to ordinary shareholders[49]. Audit and Compliance - The company has received a standard unqualified audit report from Deloitte Huayong[2]. - The financial report is prepared in accordance with Chinese accounting standards, ensuring accuracy and completeness[2]. - The company has confirmed no non-operating fund occupation by controlling shareholders or related parties[4]. - There are no violations of decision-making procedures regarding external guarantees[4]. - The company has not faced any issues with a majority of directors being unable to ensure the authenticity and completeness of the annual report[4]. - The report indicates that all board members attended the board meeting[2]. Revenue and Growth - Guizhou Bank reported a total revenue of 1.2 billion RMB for 2023, reflecting a year-on-year increase of 15%[11]. - The company achieved a net profit of 300 million RMB, representing a growth of 10% compared to the previous year[12]. - User data indicates an increase in active accounts by 20%, reaching a total of 1.5 million users[12]. - The company has set a performance guidance of 12% revenue growth for the next fiscal year[12]. Market Expansion and Development - The company plans to expand its market presence by launching two new branches in the Guangdong province by Q2 2024[12]. - New product development includes the introduction of a digital banking platform aimed at enhancing customer experience, expected to launch in Q3 2024[12]. - The company has allocated 500 million RMB for research and development in new technologies over the next fiscal year[12]. - A strategic acquisition of a fintech startup is anticipated to be completed by the end of Q4 2023, which is expected to enhance the company's digital capabilities[12]. Infrastructure and Environmental Projects - The expansion of the environmental project in Shenzhen is projected to increase operational efficiency by 25%[13]. - The company is exploring partnerships with local governments to enhance infrastructure development, targeting a 30% increase in project bids[13]. - The company is involved in various renewable energy projects, including a 32MW wind power project in Yongcheng and a 49.5MW wind power project in Zhongwei[15]. - The company has established a BOT model for the construction and management of the Shenzhen Guangming Environmental Park project[15]. - The company is engaged in the construction of the Xinjiang Mu Lei New Energy Base, which includes multiple wind power projects[15]. Operational Efficiency and Technology - The company aims to enhance operational efficiency and reduce costs through the implementation of BIM technology in its projects[16]. - The company is actively promoting the digital transformation of toll roads to reduce operational management costs and improve traffic efficiency[52]. - The company has developed an integrated control platform for pavement information, which has received national software copyright and two utility model patents[63]. - The company has completed the transformation of toll stations under the ETC model and improved operational efficiency through technologies such as 5G and satellite positioning[190]. Challenges and Risks - The company has identified potential risks related to policy changes in toll road management and environmental regulations, which could impact revenue and project returns[187]. - The company faces challenges in expanding its main business due to rising construction and operational costs, as well as increased competition in the solid waste resource processing and clean energy sectors[191]. - The company anticipates challenges in operational management due to increasing demands for highway efficiency and safety standards[189]. Strategic Goals and Future Plans - The company plans to focus on the dual-driven strategy of "toll roads + environmental protection," aiming for high-quality development and expanding quality investments[51]. - The company plans to enhance operational efficiency and service quality in the toll road business through smart technology and internal cost reduction measures[181]. - The company aims to strengthen its core competitiveness in the environmental protection sector by collaborating with industry leaders and improving project management capabilities[181]. - The company plans to optimize its financing structure through diversified channels, including A-share placements and bond issuances, to support major project funding[182].

Financial Performance - The company achieved operating revenue of RMB 9,295,304,371.69 in 2023, a decrease of 0.82% compared to RMB 9,372,582,546.59 in 2022, but a growth of 3.16% when excluding the impact of the Wuhuang Expressway[5]. - Net profit attributable to shareholders reached RMB 2,327,197,196.81, representing a 15.41% increase from RMB 2,016,496,533.08 in 2022[6]. - The total assets at the end of 2023 were RMB 67,507,469,090.77, a decrease of 2.45% from RMB 69,204,698,015.50 in 2022[6]. - The equity attributable to shareholders increased by 4.73% to RMB 22,357,997,457.11 from RMB 21,348,467,566.83 in 2022[6]. - The net cash flow from operating activities was RMB 4,094,812,227.87, reflecting a 21.53% increase from RMB 3,369,490,111.19 in 2022[6]. - Basic earnings per share increased by 17.04% to RMB 0.982 from RMB 0.839 in 2022[6]. - The company reported a significant increase of 82.38% in net profit attributable to shareholders after excluding non-recurring gains and losses, reaching RMB 2,240,100,027.08[6]. - The company plans to distribute a cash dividend of RMB 0.55 per share for the fiscal year 2023, totaling approximately RMB 1,199,423,679.30, up from RMB 0.462 per share in 2022[4]. Business Operations - The company's main revenue and profit sources are from toll road operations and investments, with increasing contributions from the environmental protection business[12]. - The company operates 16 toll road projects with a total controlled mileage of approximately 660 kilometers, primarily located in Shenzhen and the Guangdong-Hong Kong-Macao Greater Bay Area, indicating strong regional advantages[16]. - The company is focusing on expanding its dual main business areas of toll roads and environmental protection, while also extending its services in infrastructure management and digital technology[11]. - The company is actively developing project management and financial services based on its core business operations[12]. - The company is committed to enhancing its operational development space by integrating various service-oriented businesses[11]. Market Environment - In 2023, China's GDP reached 126.06 trillion yuan, reflecting a year-on-year growth of 5.2%, which supports stable growth in logistics and transportation demand[14]. - The total import and export value of China's foreign trade in 2023 was 41.76 trillion yuan, with a year-on-year growth of 0.2%, indicating resilience in the economy[14]. - The geopolitical tensions and global inflation risks have accelerated changes in the global economic landscape, impacting the company's operational environment[14]. Environmental Initiatives - The environmental protection business includes solid waste resource processing and clean energy generation, which are gradually contributing to the company's revenue[12]. - The company is focusing on solid waste resource treatment and clean energy generation, aligning with national policies supporting ecological civilization construction[17]. - The company is leveraging its resource advantages and operational management model to expand into the environmental protection and clean energy sectors through strategic partnerships and acquisitions[17]. Traffic and Toll Revenue - The average daily traffic volume for the Yichang project increased by 10.4% to 61 thousand vehicles, with toll revenue rising by 11.7% to RMB 1,184 thousand[26]. - The average daily traffic volume for the Changsha Ring Road grew by 16.6% to 96 thousand vehicles, while toll revenue increased by 12.2% to RMB 730 thousand[26]. - The overall toll revenue in the Shenzhen area increased by over 18% during the reporting period[30]. - The average daily traffic volume for the Guangshen Expressway rose by 19.9% to 632 thousand vehicles, with toll revenue increasing by 28.1% to RMB 7,924 thousand[28]. Investment and Financing - The company plans to issue up to approximately 654 million A-shares to raise a total of no more than RMB 4.9 billion for the investment in the Outer Ring project and repayment of interest-bearing debts[35]. - The company has maintained a high credit rating and good relationships with financial institutions, ensuring smooth financing channels for development[65]. - The company has secured contracts worth approximately RMB 29 million for road maintenance projects, demonstrating strong performance in operational management[53]. Digital Transformation - The company has developed a road network monitoring and command scheduling system platform, which is now operational, enhancing network operation monitoring and management[16]. - The company is promoting the application of smart technologies in the transportation sector, responding to government initiatives for modernization[15]. - The group is advancing digital transformation by integrating innovative technologies into traditional highway construction and environmental protection operations[24]. Future Outlook - The company plans to enhance digital transformation in financial management to improve budget management and reduce financial risks[114]. - The company aims to expand its toll road business through new construction and renovation projects, with major projects like the Outer Ring Phase III expected to commence construction within the year[114]. - The company expects stable main business revenue and operating costs for 2024, focusing on cost reduction and efficiency improvement in the toll road business[114].

Financial Performance - The company's operating revenue for Q3 2023 was CNY 2,246,408,274.72, a decrease of 11.98% compared to CNY 2,552,227,234.66 in the same period last year[4] - Net profit attributable to shareholders for Q3 2023 was CNY 609,624,394.83, down 47.87% from CNY 1,164,307,058.62 year-on-year[4] - Basic earnings per share for Q3 2023 was CNY 0.258, a decline of 49.90% from CNY 0.512 in the same period last year[5] - Total revenue for the first three quarters of 2023 was ¥6,371,288,240, a decrease of approximately 4.14% compared to ¥6,646,320,880 in the same period of 2022[30] - Operating profit for the first three quarters of 2023 was ¥2,067,515,474.36, down from ¥2,523,926,856.20 in 2022, reflecting a decline of about 18.06%[30] - Net profit for the first three quarters of 2023 was ¥1,558,580,959.78, compared to ¥2,068,020,934.92 in 2022, representing a decrease of approximately 24.7%[30] - The net profit attributable to the parent company for Q3 2023 was approximately ¥1.54 billion, a decrease from ¥2.02 billion in Q3 2022, representing a decline of about 23.7%[32] - The total comprehensive income for Q3 2023 was approximately ¥1.23 billion, compared to ¥1.07 billion in Q3 2022, indicating an increase of about 14.3%[32] Assets and Liabilities - Total assets at the end of Q3 2023 were CNY 67,359,514,836.14, a decrease of 2.67% from CNY 69,201,468,263.76 at the end of the previous year[7] - Current liabilities totaled ¥20,956,932,131.97 as of September 30, 2023, a decrease of approximately 9.83% from ¥23,243,350,594.23 at the end of 2022[29] - Long-term borrowings increased to ¥9,600,374,613.53 in Q3 2023, compared to ¥9,573,248,109.29 in the previous year, reflecting a slight increase of about 0.28%[29] - The company’s total equity as of September 30, 2023, was ¥27,230,117,782.91, slightly down from ¥27,364,137,701.52 at the end of 2022, a decrease of approximately 0.49%[29] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 2,992,715,053.98, an increase of 15.67% compared to CNY 2,587,314,668.15 in the same period last year[4] - Cash flow from operating activities for the first three quarters of 2023 was approximately ¥6.17 billion, up from ¥5.91 billion in the same period of 2022, reflecting an increase of about 4.4%[33] - The net cash flow from operating activities for the first three quarters of 2023 was approximately ¥2.99 billion, compared to ¥2.59 billion in the same period of 2022, marking an increase of about 15.8%[33] - Cash flow from investing activities generated a net inflow of approximately ¥62.75 million in the first three quarters of 2023, a significant improvement from a net outflow of approximately ¥2.55 billion in the same period of 2022[33] - The total cash outflow from financing activities for the first three quarters of 2023 was approximately ¥20.39 billion, compared to ¥21.16 billion in the same period of 2022, showing a decrease of about 3.6%[34] Revenue from Projects - The company reported a total revenue of RMB 25,210.48 thousand from the Guiyang organic waste treatment project in Q3 2023, with a total processing volume of 48.57 thousand tons[21] - The Nanning project generated RMB 25,560.19 thousand in revenue for Q3 2023, processing 54.49 thousand tons of organic waste[21] - The total revenue from all organic waste treatment projects in the first three quarters of 2023 amounted to RMB 147,302.18 thousand, with a total processing volume of 318.31 thousand tons[21] - The company’s organic waste treatment projects have entered commercial operation, contributing significantly to revenue growth in the first three quarters of 2023[20] - The total revenue from the wind power projects for the first nine months of 2023 reached RMB 563.12 million, with a significant contribution from Xinjiang Mu Lei at RMB 249.84 million[22] Shareholder Information - The company had a total of 15,329 shareholders at the end of the reporting period, with the top 10 shareholders holding significant stakes[11] - The company plans to issue up to 654,231,097 A-shares, aiming to raise a total of up to RMB 6.5 billion for project investments and debt repayment[24] Future Plans and Investments - The company plans to continue focusing on market expansion and new technology development to enhance future performance[10] - The company plans to invest approximately RMB 8.447 billion in the third phase of the Outer Ring Expressway project, which is expected to enhance core highway assets and improve traffic flow for other toll roads[23] - The company is actively working on the feasibility study for the Shenzhen section of the Guangzhou-Shenzhen Expressway expansion project[24] - The company has initiated a pilot application for a REITs project based on the Hunan Province Yiyang to Changde Expressway, which is fully owned by its subsidiary[25] Financial Instruments - The company completed the issuance of short-term financing bonds totaling RMB 1.5 billion with a maturity of 270 days at an interest rate of 2.25%[25] - The company issued medium-term notes amounting to RMB 1 billion with a maturity of 5 years at an interest rate of 3.05%[26] - The company has engaged in two transactions of principal-protected floating income financial products, with a total investment of RMB 400 million during the reporting period[26] - The company has a total green bond issuance limit of RMB 4.1 billion, with the first phase of green bonds issued at RMB 550 million and a maturity of 3 years at an interest rate of 2.88%[26] Traffic and Toll Revenue - The average daily mixed traffic volume on the Meiguan Expressway was 171 thousand vehicles in Q3 2023, an increase from 163 thousand vehicles in the same period last year[18] - The average daily toll revenue for the Jihe East Section reached RMB 1,954 thousand in Q3 2023, compared to RMB 1,865 thousand in the same period last year[18] - The company holds a 100% stake in the Yangmao Expressway, which reported a daily traffic volume of 64 thousand vehicles in Q3 2023, up from 58 thousand vehicles year-on-year[18] - The average daily toll revenue for the Longda Expressway was RMB 458 thousand in Q3 2023, an increase from RMB 427 thousand in the same period last year[18]

Financial Performance - Operating revenue for Q3 2023 was RMB 2.25 billion, down 11.98% compared to RMB 2.55 billion in Q3 2022[6] - Net profit attributable to shareholders for Q3 2023 was RMB 609.62 million, a significant decline of 47.87% from RMB 1.16 billion in Q3 2022[6] - The basic earnings per share for Q3 2023 was RMB 0.258, down 49.90% from RMB 0.512 in Q3 2022[7] - The weighted average return on net assets decreased to 3.29% in Q3 2023, down 2.68 percentage points from 6.11% in Q3 2022[7] - Net profit attributable to shareholders decreased by 47.87% in the current reporting period[10] - Basic earnings per share for the current reporting period fell by 49.90%[10] - Total operating revenue for the first nine months of 2023 was RMB 6,371,288,240, a decrease of 4.14% compared to RMB 6,646,320,880 in the same period of 2022[26] - Net profit attributable to shareholders for the first nine months of 2023 was RMB 1,538,899,495.84, a decline of 23.7% from RMB 2,018,234,710.82 in 2022[26] Assets and Liabilities - As of September 30, 2023, total assets amounted to RMB 67.36 billion, a decrease of 2.67% from RMB 69.20 billion at the end of 2022[4] - Total liability of RMB 40,129,397,053.23 as of September 30, 2023, down from RMB 41,840,560,313.98 at the end of 2022[25] - Current liabilities decreased to RMB 20,956,932,131.97 from RMB 23,243,350,594.23, reflecting a reduction of 9.83%[25] - Total current assets decreased from 9.3 billion RMB on December 31, 2022, to 8.21 billion RMB as of September 30, 2023, representing a decline of approximately 11.6%[24] - Cash and cash equivalents decreased from 3.64 billion RMB to 3.41 billion RMB, a decline of about 6.2%[24] - Long-term receivables increased from 2.15 billion RMB to 2.27 billion RMB, an increase of approximately 5.5%[24] Cash Flow - The net cash flow from operating activities for the first nine months of 2023 was RMB 2.99 billion, an increase of 15.67% from RMB 2.59 billion in the same period of 2022[5] - Cash inflow from operating activities for January to September 2023 was RMB 6,171,271,475.15, an increase from RMB 5,905,977,990.46 in the same period of 2022, representing a growth of approximately 4.5%[28] - Net cash flow from operating activities increased to RMB 2,992,715,053.98 in 2023 from RMB 2,587,314,668.15 in 2022, reflecting a growth of about 15.7%[28] - Cash inflow from investment activities surged to RMB 3,247,585,255.61 in 2023, compared to RMB 1,615,388,068.45 in 2022, marking a significant increase of approximately 100.9%[28] - Cash inflow from financing activities decreased to RMB 17,117,634,438.95 in 2023 from RMB 20,058,047,950.17 in 2022, a decline of about 9.7%[28] - Net cash flow from financing activities worsened to -RMB 3,276,066,981.44 in 2023, compared to -RMB 1,106,442,440.92 in 2022, indicating a deeper cash outflow[28] Shareholder Information - The total number of shareholders as of the reporting period was 15,329, with 15,085 being A-share shareholders[11] - HKSCC Nominees Limited holds 33.47% of the shares, making it the largest shareholder[12] Project and Investment Updates - The company plans to invest approximately RMB 8.447 billion in the third phase of the Outer Ring Expressway project, which is expected to enhance the overall economic and social benefits of the project[19] - The company has approved a plan to issue up to 654,231,097 A-shares, aiming to raise no more than RMB 6.5 billion for investment in the Outer Ring project and debt repayment[20] - The company is actively promoting the REITs pilot application for the Yiyang to Changde Expressway, which is expected to enhance infrastructure investment opportunities[20] - The company is collaborating with Shenzhen City on the PPP project for the Jihe Expressway, which has been terminated but is under review for adjustments[19] Revenue from Projects - The organic waste treatment projects processed a total of 318.31 thousand tons in Q3 2023, with a revenue of RMB 147,302.18 thousand for the first nine months of 2023[16] - The total operating revenue from the organic waste treatment projects for the first nine months of 2023 reached RMB 412,671.97 thousand, showing significant growth compared to previous periods[16] - The wind power projects generated 150,169.65 MWh of electricity in Q3 2023, contributing RMB 44,398.50 thousand in revenue for the same period[17] - The company’s total electricity generation from wind power projects for the first nine months of 2023 was 1,346,000 MWh, with total revenue of RMB 373,000 thousand[17][18] Financial Instruments and Bonds - The company issued a total of 1.5 billion RMB in super short-term financing bonds on August 10, 2023, with a maturity of 270 days and an interest rate of 2.25%[21] - The company has a total medium-term note registration quota of 5 billion RMB, and issued 1 billion RMB in medium-term notes on September 4-5, 2023, with a maturity of 5 years and an interest rate of 3.05%[22] - The company issued green corporate bonds worth 550 million RMB on October 17-18, 2023, with a maturity of 3 years and an interest rate of 2.88%[22] - The company has a total of 41 billion RMB in green bond issuance capacity available within 24 months from the approval date[22] - The company has no overdue principal or income from its financial products as of the end of the reporting period[21] Research and Development - The company reported a significant decrease in research and development expenses to RMB 19,799,494.56 from RMB 26,730,061.43, indicating a strategic shift in investment[26]

Financial Performance - For the first half of 2023, Shenzhen Expressway Corporation Limited reported a revenue of RMB 1.2 billion, representing a year-on-year increase of 15%[1]. - The net profit attributable to shareholders for the same period was RMB 450 million, up 20% compared to the previous year[1]. - The company's operating revenue for the first half of 2023 was RMB 4,124,879,965.28, representing a 0.75% increase compared to RMB 4,094,093,645.65 in the same period of 2022[36]. - Net profit attributable to shareholders for the first half of 2023 was RMB 929,275,101.01, a 9.49% increase from RMB 848,711,632.68 in the previous year[36]. - The company's total assets as of June 30, 2023, were RMB 68,161,615,739.87, a decrease of 1.51% from RMB 69,204,698,015.50 at the end of 2022[36]. - The net assets attributable to shareholders decreased by 2.47% to RMB 20,822,028,588.00 from RMB 21,348,467,566.83 at the end of 2022[36]. - The company's operating revenue for the reporting period reached RMB 4,124,880 thousand, a year-on-year increase of 0.75%, primarily driven by the recovery in traffic volume on subsidiary toll roads, with toll revenue increasing by 17.34% after excluding the impact of the Wuhuang Expressway[102][104]. - The company reported a net profit attributable to shareholders of RMB 929,275 thousand in the first half of 2023, a year-on-year increase of 9.49% compared to RMB 848,712 thousand in the same period of 2022[99]. Traffic and Operations - The average daily traffic volume on expressways increased by 12% year-on-year, reaching 1.5 million vehicles per day[1]. - User satisfaction ratings for the expressway services improved to 85%, reflecting enhanced customer service initiatives[1]. - Daily average traffic volume on toll roads in the Guangdong-Shenzhen area increased significantly, with Meiguan Expressway seeing a 22.9% year-on-year increase in traffic volume[63]. - The average daily traffic volume and toll revenue for the Outer Ring project grew by 33.7% and 29.0% respectively during the reporting period[66]. - The operational performance of the Qinglian Expressway showed a recovery in traffic volume due to the normalization of production and living orders along the route[67]. - The Yangmao Expressway experienced significant growth in passenger vehicle traffic, benefiting from the opening of surrounding roads and government policies promoting tourism[67]. Expansion and Development Plans - The company plans to expand its expressway network by 10% over the next two years, focusing on key regions in Guangdong province[1]. - Future guidance indicates a projected revenue growth of 10-12% for the full year 2023, driven by increased traffic and new projects[1]. - The company is actively pursuing the construction of external ring projects and the expansion of existing highways to enhance its asset portfolio[51]. - The total estimated investment for the Outer Ring Phase III project is approximately RMB 8.447 billion, with the board approving continued investment in July 2023[71]. - The company is entering the solid waste resource treatment and clean energy sectors, establishing environmental and new energy companies as investment management platforms[76]. Environmental Initiatives - Shenzhen Expressway has committed to reducing carbon emissions by 15% by 2025 through sustainable practices and technology upgrades[1]. - The company is involved in the development and operation of clean energy systems, including wind power and waste management, indicating a focus on sustainability[35]. - The company is focusing on solid waste resource treatment and clean energy generation, aligning with national policies supporting environmental initiatives[52]. - The company’s subsidiary, Lande Environmental, operates 20 organic waste treatment BOT/PPP projects, with a design processing capacity exceeding 6,900 tons per day, positioning it among the leaders in the domestic industry[55]. Financial Management and Investments - The company has a diversified investment structure, including 100% ownership in several highway companies and significant stakes in various infrastructure and environmental projects[35]. - The company plans to invest approximately 9.279 billion RMB in capital expenditures by the end of 2025, focusing on various engineering projects and acquisitions[136]. - The company has a total of RMB 1.08 billion in financial assets measured at fair value, with a fair value change gain of RMB 100.43 million during the reporting period[144]. - The company has maintained a AAA credit rating domestically and an investment-grade rating internationally, ensuring favorable financing conditions[140]. Shareholder and Corporate Governance - The total number of shares issued by the company is 2,180,770,326, with 1,433,270,326 A-shares listed on the Shanghai Stock Exchange, accounting for approximately 65.72% of the total share capital, and 747,500,000 H-shares listed on the Hong Kong Stock Exchange, accounting for approximately 34.28%[186]. - The largest shareholder holds approximately 30.03% of the company's shares, with Shenzhen International being the indirect controlling shareholder since December 2008[33]. - The company has adhered to corporate governance practices in compliance with both Shanghai and Hong Kong stock exchange regulations[181]. - The company has engaged in 40 investor inquiries through various communication channels in the first half of 2023[182]. Challenges and Risks - The container throughput at Shenzhen Port decreased year-on-year, impacting truck traffic volume in the region[66]. - The company’s subsidiary, Deep-Shan Qiantai, faced challenges in battery recycling and scrap vehicle recovery due to fluctuating market prices, impacting its performance in the first half of 2023[81]. - The revenue from dismantling and battery recycling fell by 26.12%, influenced by a decline in raw material prices in the lithium battery industry[105]. Employee and Training Initiatives - The company has a total of 7,025 employees as of June 30, 2023, including 2,341 management and professional staff and 4,684 frontline workers[183]. - The company organized 179 training sessions during the reporting period, with a total of 5,147 participants in offline training and 6,125 views for online training sessions[183].

[3 -> 29] 大家好欢迎参加升高速2023年中期业绩说明会今天出席业绩说明会的管理层是执行董事兼总裁廖湘文先生大家好独立董事妙君先生总会计师兼董事会秘书赵贵平女士副总裁黄碧南女士以及副总裁温破伟先生 [30 -> 59] 今天的會議將分為兩個環節第一是報告環節由管理層為大家報告升高速2023年上半年的業績情況分享經營狀況並介紹下半年的工作部署第二是問答環節現場和線上的參會來賓在此環節可以向管理層提問管理層將進行解答首先讓我們進入報告環節有請總會計師兼董秘趙貴平女士 [61 -> 88] 各位投资者分析师和媒体朋友们大家好我是升高速总会计师兼董秘赵贵平首先由我向大家汇报升高速2023年半年度的经营业绩和财务状况2023上半年集团实现营业收入41.2亿元同比增长0.75%实现净利润9.3亿元同比上升9.5% [89 -> 109] 每股收益0.384元同比上升10.66%主要为集团经营和投资的收费公路车流量恢复性增长和所持外币债务相关汇兑损失有所减少等原因其中收费公路实现收入26亿元收入占比63% [109 -> 137] 仍是集團最大的收入來源路費收入同比上升7.8%主要是隨車流量恢復性增長而增加以及五黃 ...

Financial Performance - The company reported a total revenue of approximately 51 million for the first half of 2023, reflecting a year-on-year increase of 12%[14]. - The company's operating revenue for the first half of 2023 was approximately CNY 4.12 billion, a slight increase of 0.75% compared to CNY 4.09 billion in the same period last year[27]. - Net profit attributable to shareholders for the first half of 2023 reached CNY 929.28 million, representing a year-on-year growth of 9.49% from CNY 848.71 million[27]. - The net cash flow from operating activities was CNY 1.90 billion, an increase of 19.52% compared to CNY 1.59 billion in the previous year[27]. - Basic earnings per share for the first half of 2023 were CNY 0.384, up 10.66% from CNY 0.347 in the same period last year[28]. - The company's total assets as of the end of the reporting period were approximately CNY 68.16 billion, a decrease of 1.51% from CNY 69.20 billion at the end of the previous year[27]. - The company's operating revenue for the first half of 2023 was RMB 9,373 million, a decrease of 13.9% compared to RMB 10,890 million in the same period of 2022[32]. - Net profit for the first half of 2023 was RMB 2,009 million, down 23.1% from RMB 2,613 million in the first half of 2022[32]. - The cash flow from operating activities for the first half of 2023 was RMB 3,369 million, a decrease of 10.3% compared to RMB 3,757 million in the same period of 2022[32]. Revenue Sources - Toll revenue amounted to approximately RMB 2.599 billion, accounting for 63.01% of total revenue, while clean energy and solid waste resource processing generated about RMB 0.752 billion, contributing 18.24%[51]. - The revenue from clean energy generation decreased by 2.77% to CNY 347,536 thousand, primarily due to reduced wind power generation in Xinjiang[95]. - Revenue from kitchen waste treatment dropped by 5.54% to CNY 282,309 thousand, attributed to decreased construction and equipment sales related to the Lande Environmental project[95]. - The revenue from dismantling and battery recycling fell by 26.12% to CNY 112,383 thousand, impacted by declining raw material prices in the lithium battery industry[95]. Strategic Initiatives - The company is investing 20 million in R&D for new technologies aimed at enhancing operational efficiency[14]. - Market expansion efforts include entering two new provinces, which are projected to increase market share by 8%[14]. - The company is exploring potential acquisitions to enhance its logistics capabilities, with a budget of 30 million allocated for this purpose[14]. - A strategic partnership with a leading technology firm is expected to drive innovation and improve service delivery[14]. - The company plans to implement a new digital platform to streamline operations, with an estimated cost of 10 million[14]. - The company is focusing on expanding its dual main business areas of toll roads and environmental protection, aiming to enhance its competitive advantages in infrastructure investment and management[34]. Environmental and Social Responsibility - The company is actively participating in various waste disposal projects, including the kitchen waste collection and disposal project in Shaoyang, Hunan Province[17]. - The company is committed to utilizing advanced technologies such as BIM for improving construction efficiency and reducing costs[17]. - The company is committed to environmental responsibility by implementing measures to minimize pollution during construction and operation phases[151]. - The company has actively participated in the national rural revitalization strategy, fulfilling its corporate social responsibility[153]. Corporate Governance and Compliance - The board of directors confirmed that the semi-annual report has not been audited[3]. - The company has not violated decision-making procedures for providing guarantees[6]. - The company has not disclosed any significant discrepancies in the semi-annual report's authenticity and completeness[6]. - The company has maintained compliance with corporate governance practices and has adopted all provisions of the corporate governance code as per the Hong Kong Stock Exchange[186]. Future Outlook - Future outlook remains positive, with expectations of continued growth in revenue and market expansion strategies being implemented[197]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its operational footprint[197]. - Strategic partnerships with state-owned enterprises are being leveraged to enhance resource allocation and operational efficiency[197]. - The company is committed to leveraging opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area and the national "dual carbon" goals to drive sustainable growth[144].

Financial Performance - The group achieved operating revenue of RMB 4,124,880,000 in the first half of 2023, a year-on-year increase of 0.75% compared to RMB 4,094,094,000 in the same period of 2022[5]. - Net profit attributable to shareholders of the parent company reached RMB 929,275,000, representing a year-on-year increase of 9.49% from RMB 848,712,000 in the first half of 2022[5]. - Road toll revenue increased by 17.34% year-on-year, contributing to the overall revenue growth[5]. - Basic earnings per share for the first half of 2023 were RMB 0.384, up 10.66% from RMB 0.347 in the same period of 2022[6]. - The weighted average return on equity increased by 0.96 percentage points to 4.85%[6]. - The group achieved a revenue of approximately RMB 4.125 billion in 2023, representing a year-on-year growth of 0.75%[23]. - Toll revenue accounted for RMB 2.599 billion, making up 63.01% of the total revenue, while clean energy and solid waste resource processing contributed RMB 0.752 billion, or 18.24%[23]. - The company reported a total profit of RMB 1,201,068,449.34, up 12.09% from RMB 1,071,487,998.43 in the first half of 2022[137]. - The total comprehensive income for the first half of 2023 was RMB 567,056,246.06, compared to RMB 509,453,102.64 in the same period last year, an increase of 11.29%[137]. Assets and Liabilities - The group's total assets as of June 30, 2023, were RMB 68,161,615,739.87, a decrease of 1.51% from RMB 69,204,698,015.50 at the end of 2022[6]. - The total outstanding interest-bearing liabilities decreased by approximately 0.25% to 33,247,088 thousand RMB as of June 30, 2023, mainly due to loan repayments during the reporting period[84]. - The company's asset-liability ratio was 60.78%, slightly up from 60.46% at the end of the previous year[91]. - The net debt-to-equity ratio stood at 111.01%, compared to 110.12% at the end of the previous year[91]. - The company reported a net current asset of -14,594 million RMB, a decrease of 648 million RMB from -13,946 million RMB at the end of the previous year[94]. - The total liabilities related to contract obligations increased by 238.51% to 102,681 thousand RMB compared to the previous year[85]. Cash Flow - The net cash flow from operating activities was RMB 1,903,351,786.08, reflecting a significant increase of 19.52% compared to RMB 1,592,514,611.01 in the first half of 2022[6]. - The net cash inflow from investment activities was 461,869 thousand RMB, a significant increase of 3,083,588 thousand RMB year-on-year, primarily due to the recovery of financial product investments[82]. - The net cash flow from financing activities was negative at RMB 2,005,187,074.32, compared to a positive RMB 1,016,160,256.48 in the first half of 2022[139]. - Cash inflow from investment activities totaled RMB 2,645,877,529.36, significantly higher than RMB 617,768,699.02 in the first half of 2022[139]. Shareholder Information - The board proposed not to distribute an interim dividend for 2023, consistent with the decision for the same period in 2022[4]. - As of the end of the reporting period, the total number of shareholders was 17,090, with the top 10 shareholders holding significant stakes[8]. - The largest shareholder, HKSCC NOMINEES LIMITED, held 33.47% of the shares, followed by Xintong Industrial Development (Shenzhen) Co., Ltd. with 30.03%[8]. Business Operations - The company primarily engages in the investment, construction, and management of toll roads and environmental protection businesses, focusing on solid waste resource processing and clean energy[9]. - The company operates 16 toll road projects with a controlling interest covering approximately 643 kilometers, primarily located in Shenzhen and the Guangdong-Hong Kong-Macao Greater Bay Area[15]. - The company is actively advancing the construction of external ring projects and the expansion of the Guangshen Expressway, continuously enhancing its quality road assets[15]. - The company has developed a road network monitoring and command scheduling system platform, which is now operational, providing an information application platform for network operation monitoring and management[15]. Environmental Initiatives - The company has strategically entered the environmental protection industry, focusing on solid waste resource treatment and clean energy generation, supported by national policies[16]. - The company’s subsidiary, Lande Environmental, operates 20 organic waste treatment BOT/PPP projects, with a processing capacity exceeding 6,900 tons per day, positioning it among the industry leaders[18]. - The Guangming Environmental Park project in Shenzhen is designed to process 1,000 tons/day of organic waste, 100 tons/day of bulky waste, and 100 tons/day of green waste, with 83.26% of civil engineering and 65% of equipment installation completed, expected to be finished within the year[36]. Strategic Development - The company plans to focus on the "Twelve Five" development strategy, emphasizing high-quality development in the toll road and environmental protection sectors[112]. - Key initiatives for the second half of 2023 include enhancing operational efficiency in toll road management and advancing major engineering projects[112]. - The company aims to explore investment opportunities in high-quality toll road projects and develop land resources along highways[112]. Financial Management - The company is focusing on enhancing financial digital transformation and optimizing financial management through a shared financial center and centralized capital control platform[113]. - The company is actively exploring diversified financing channels to support major engineering projects, aiming to optimize capital structure and reduce financial risks[113]. - The company has issued bonds and other financing tools to optimize its debt structure and reduce financing costs[98]. Market Conditions - In the first half of 2023, China's GDP reached 59.30 trillion yuan, with a year-on-year growth of 5.5%, indicating a stable economic recovery[12]. - The government plans to expand the national expressway network to 190,000 kilometers by 2025, creating further development opportunities for the expressway industry[14].

2020 年 1 月 8 日，深圳高速公路集团股份有限公司（"本公司"）全资子公 司深圳高速环境有限公司（"环境公司"）与郑州词达环保科技有限责任公司（"郑 州词达"，卖方）、北京水气蓝德科技有限公司（"北京水气"）、施军营、施军华、 蓝德环保科技集团股份有限公司（"蓝德环保"）共同签订了《关于收购蓝德环保 科技集团股份有限公司不超过 68.1045%股份之增资及股份转让协议》（"协议"）。 根据协议，环境公司将以每股人民币 5.06 元的价格，分次受让蓝德环保不超过 7,500 万股股份，并认购蓝德环保 8,500 万股新发行股份，总金额不超过人民币 80,960 万元（"本次交易"）。协议项下的股份受让和增资未构成上海证券交易所 股票上市规则下应当披露的重大交易，本公司按照自愿性原则简要披露了本次交 易。有关详情可参阅本公司日期为 2020 年 1 月 8 日的《关于投资蓝德环保的公 告》。 | 证券代码：600548 | 股票简称：深高速 | | | 公告编号：临 | 2023-054 | | --- | --- | --- | --- | --- | --- | | 债券代码：175271 | 债券简 ...

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。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00548） 董事會會議通告 深圳高速公路集團股份有限公司（「本公司」）董事會（「董事會」）謹此宣佈，董事會將於 2023年8月25日（星期五）舉行會議，以審議及批准本公司截至2023年6月30日止六個月未 經審計之中期業績及其他事項（如有）。 承董事會命 趙桂萍 聯席公司秘書 中國，深圳，2023年8月11日 於本公告之日，本公司董事為：廖湘文先生（執行董事兼總裁）、王增金先生（執行董事）、 文亮先生（執行董事）、戴敬明先生（非執行董事）、李曉艶女士（非執行董事）、呂大 偉先生（非執行董事）、白華先生（獨立非執行董事）、李飛龍先生（獨立非執行董事）、 繆軍先生（獨立非執行董事）和徐華翔先生（獨立非執行董事）。 ...