GPED(SZ:000429)2022-12-06 11:11Group 1: Traffic and Economic Impact - The proportion of trucks in the traffic flow on the Guangfo highway is approximately 20% of all vehicle types, and historical data shows that economic downturns have not significantly affected traffic volume on the company's highways [2]. - The construction cost of newly built highways in Guangdong exceeds 1 billion RMB per kilometer, with specific project costs varying [2]. Group 2: Future Plans and Acquisitions - The company does not foresee any new highways in Guangdong affecting its controlled highway projects based on current planning [3]. - The company aims to increase its stake in currently held highway projects if suitable acquisition opportunities arise [3]. Group 3: Financial and Strategic Developments - The company is in the process of applying for the operational period extension of the Guangfo highway expansion project, with relevant assessment reports under review by government departments [3]. - There are currently no indications of an increase in highway toll rates [3]. - The company plans to establish an industrial merger fund in collaboration with Fosun, focusing on financial project investments and exploring new opportunities in smart transportation and the highway industry chain [3]. Group 4: Corporate Structure and Support - The Guangzhou Transportation Group controls nearly 70% of the highways in the province, with total assets exceeding 300 billion RMB [3]. - The company is expected to complete its restructuring fundraising by the end of June or early July, following the implementation of its dividend plan [3]. - The Guangdong State-owned Assets Supervision and Administration Commission supports the company's management incentive plans, which are currently under research [3].