Shenzhen Investment Holdings Bay Area Development Company Limited (the “Group”) disclosed its unaudited financial and operational data for the nine months ended 30 September 2025, highlighting updates on expressway toll revenues and residential sales.

During the first three quarters of 2025, the Guangzhou-Shenzhen Superhighway recorded 2% lower average daily toll revenue year-on-year, attributed mainly to diversion following the Shenzhen-Zhongshan Link’s opening. The Guangdong Guangzhou-Zhuhai West Superhighway experienced a 13% decrease in average daily toll revenue, affected by enhanced connectivity from the Zhongshan-Kaiping Expressway and Zhongshan West Ring Expressway. Meanwhile, the Shenzhen section of Guangshen Coastal Expressway posted an 11% increase in average daily toll revenue, driven by expanded network coverage from Phase II of the highway and relevant policy changes.

Residential property sales from Grand Park City reached approximately RMB1,127 million in contract value, with an average sales price of around RMB19,000 per square meter.

Consolidated figures for the nine months ended 30 September 2025 showed revenue of RMB581,100,000 and gross profit of RMB242,007,000. Profit for the period stood at RMB476,789,000, with RMB380,953,000 attributable to equity shareholders. Total comprehensive income rose to RMB537,106,000, largely due to foreign exchange gains. At 30 September 2025, total assets were RMB13,167,419,000, while total equity amounted to RMB7,721,240,000, reflecting the Group’s stable financial position.

Cash flow from operations was RMB415,575,000, while net cash used in financing activities amounted to RMB231,093,000, mostly due to bank loan movements and dividend payments. Overall, cash and cash equivalents increased to RMB953,860,000 by the end of the reporting period.