招商公路(001965) - 2024年12月13日投资者关系活动记录表

Group 1: Traffic Volume and Performance - The overall traffic volume on the controlled sections is slightly lower than the same period last year, primarily due to high base numbers from last year's travel demand [2] - The impact of natural disasters, such as freezing rain and snow in the first half of 2024, has also suppressed road travel to some extent [2] - Overall, the traffic volume remains stable and aligns with industry performance [2] Group 2: Project Developments - The Beijing-Tianjin-Tanggu expressway expansion project aims to meet the needs of the Tianjin hub and alleviate pressure on outbound traffic from Beijing [2] - The project commenced in December 2023 and has a construction period of approximately 3 years [2] - Ongoing construction is being conducted using a non-disruptive method to minimize the impact on road traffic [3] Group 3: Strategic Initiatives - The company successfully issued its first REIT product on November 21, 2024, marking a significant step in its full-cycle operational strategy [3] - Future asset allocation will be optimized through various platforms, including mergers and acquisitions, fund platforms, joint ventures, and REITs, to support high-quality development [3] - The company aims to enhance its core business in highway infrastructure while focusing on sustainable development through green and smart initiatives [3]