GPED(SZ:000429)2025-05-26 09:48Group 1: Company Overview and Financial Plans - The company has a capital expenditure plan focused on the expansion and reconstruction of its controlled highways, including several ongoing projects [1] - The shareholder return plan for 2024-2026 stipulates that cash dividends should not be less than 70% of the net profit attributable to the parent company for the respective year [2] Group 2: Project Necessity and Financial Impact - The expansion of the Guanghui Expressway is essential due to its location in the core area of the Pearl River Delta, which has high traffic flow and can provide stable revenue through tolls [3] - The company aims to enhance its highway asset scale and focus on highway investment during the "14th Five-Year Plan" period to promote sustainable high-quality development [3] Group 3: Financing Costs - As of December 31, 2024, the company's financing interest rate is projected to be between 2.20% and 2.80% [4]