Sichuan Expressway Company Limited (“SICHUAN EXPRESS”) reported audited results for the year ended 31 December 2025.

Key Financials • Revenue slid 16.34% to RMB 8.57 billion, chiefly on lower construction-service income. • Profit attributable to owners climbed 4.52% to RMB 1.52 billion, aided by lower finance costs. • Basic EPS edged down 1.69% to RMB 0.466. • Final cash dividend proposed at RMB 0.297 per share (2024: RMB 0.29), a 2.41% increase and equal to a 60.02% payout of 2025 PRC-GAAP earnings.

Segment Highlights • Expressway operations contributed RMB 4.69 billion revenue (-1.92% y-o-y) and RMB 2.13 billion segment profit (+4.71%), buffered by lower amortisation and financing costs. • New-energy technology revenue fell to RMB 98.71 million (-13.46%), but segment profit grew 31.55% to RMB 39.76 million on stronger charging-service margins. • Transportation services (mainly fuel sales and service-area operations) generated RMB 1.93 billion (-14.77%) with profit down 23.05% to RMB 152.65 million amid weaker refined-oil demand. • Construction services revenue dropped 34.23% to RMB 1.85 billion as major expansion projects neared completion; segment profit declined 36.26% to RMB 41.02 million. • Transportation logistics revenue fell sharply to RMB 11.59 million (-95.92%) and profit retreated to RMB 3.13 million.

Cost & Cash • Finance costs shrank 29.61% to RMB 599.52 million as interest rates and debt balances declined; interest capitalised totalled RMB 503.99 million. • Operating cash inflow improved to RMB 1.13 billion (+14.70% y-o-y). • Year-end cash and cash equivalents stood at RMB 4.37 billion, up RMB 1.42 billion. • Net gearing (total liabilities/total assets) eased to 66.70% from 68.06%.

Balance Sheet & Investments • Total assets reached RMB 63.81 billion (+4.55%). • Service-concession assets expanded by RMB 1.20 billion to RMB 53.02 billion, reflecting continued spending on Chengle, Chengya and Tianqiong projects. • Bank and other interest-bearing borrowings amounted to RMB 39.85 billion; weighted-average borrowing cost fell to 2.83% (2024: 3.55%).

Post-Year-End Developments • On 2 March 2026 the Group completed the RMB 2.41 billion acquisition of an 85% stake in Hubei Jingyi Expressway, which will be consolidated from 2026. • Management targets further expressway asset integration, accelerated energy-charging network build-out, and service-area upgrades in 2026.

Dividend Timetable (H Shares) • Ex-dividend date: 8 June 2026 – 12 June 2026 (register closed). • Record date: 12 June 2026. • Expected payment: on or around 13 July 2026, net of 10% PRC withholding tax for non-resident enterprises.

The results were reviewed by the Board Audit Committee and prepared under HKFRS.