SDHS(SH:600350) Feng Huang Wang Cai Jing·2025-12-19 07:16Core Viewpoint - The public announcement regarding the sea use application for the expansion project of the Rongwu Expressway from Weihai to Yantai marks a significant step in advancing the project, which aims to enhance regional transportation networks and boost economic development in the Weihai and Yantai areas [1][3]. Group 1: Project Details - The sea use applicant for the project is Shandong Expressway (600350) Peninsula Investment Co., Ltd., with the total sea area involved being 8.2175 hectares and a usage period of 50 years [3]. - The project includes various key segments such as the Jinshan Port Bridge, Shuangdao Bay section, and Huangbu Port Middle Bridge, utilizing non-permeable structures, cross-sea bridges, and underwater tunnels [3]. Group 2: Economic and Social Impact - The expansion project is crucial for improving traffic capacity in response to the rapid economic growth and increasing vehicle ownership in the region, addressing the current inadequacies of road capacity [3]. - The successful advancement of the project is expected to strengthen transportation links between Weihai and Yantai, enhance the highway network layout in the peninsula region, and promote tourism resource development and regional industrial collaboration [4].