公司公路重点路段表现尤为亮眼：在深圳地区，沿江高速、机荷东段、机荷西段及外环高速日均路费收 入同比分别增长11.2%、3.9%、3.5%和2.8%；在其他区域，清连高速日均路费收入同比增长4.8%。 在粤港澳大湾区强劲跃动的经济脉搏中，深高速（600548）所辖路网正成为连接城市、机场、口岸等关 键节点的交通大动脉。连绵不息的车流不仅彰显区域活力，更持续推动公司路费收入稳步增长。 2025年深高速成功完成约47亿元的定向增发，并获得重要股东连续增持，为公司高质量发展注入了强劲 资本动能与市场信心。 业务基石：核心路产坐拥黄金区位收入韧性凸显 深高速的公路业务深深植根于中国经济最具活力的核心地带—粤港澳大湾区及中东部经济发达区域。依 托区域内旺盛的出行需求、稳健的经济增长和不断攀升的机动车保有量，公司核心路产展现出很强的运 营韧性和持续创收能力。 2025年前三季度，公司实现营业收入60.5亿元，同比增长3.2%；归属于母公司净利润达14.7亿元，同比 增长7%。其中，收费公路业务作为核心支柱，贡献了主要收入来源。 这些重大项目的建成不仅将显著提升路网容量与通行效率，更将深度融入大湾区一体化发展格局，为公 司中 ...

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].