Shenzhen Expressway (00548) published unaudited toll revenue figures for January 2026. According to the announcement, several key toll highways within the Shenzhen region contributed to consolidated revenue. Among them, the largest toll revenue came from the Outer Ring Project, which reached 113.06 million RMB, followed by Coastal Project at 75.17 million RMB and Jihe East at 64.66 million RMB. Other consolidated highways in the same region included Jihe West at 51.96 million RMB, Shuiguan Expressway at 57.76 million RMB, Longda Expressway at 13.87 million RMB, and Meiguan Expressway at 13.02 million RMB. Shuiguan Extension recorded 6.43 million RMB but was not consolidated.

Outside Shenzhen, Qinglian Expressway posted 70.95 million RMB. Several highways were also reported as non-consolidated: GS Expressway generated 241.07 million RMB, GZ West Expressway 104.53 million RMB, Yangmao Expressway 62.89 million RMB, GZ W2 Expressway 44.21 million RMB, Yichang Project 30.21 million RMB, and Nanjing Third Bridge 48.54 million RMB. In addition, Changsha Ring Road recorded 21.80 million RMB under consolidated figures.

The unaudited nature of these results may cause certain discrepancies when compared with future periodic disclosures. The announcement highlights that revenue for some toll projects is subject to adjustments due to estimation methods used during monthly settlements. The figures are therefore published solely for reference, with investors advised to interpret this data with caution.