Shenzhen Investment Holdings Bay Area Development Reports Varied Toll Revenue Changes in August 2025 Due to Road Network Adjustments

Reuters
Sep 29
Shenzhen Investment Holdings Bay Area Development Reports Varied Toll Revenue Changes in August 2025 Due to Road Network Adjustments

Shenzhen Investment Holdings Bay Area Development Co. Ltd. has released its unaudited operating information for August 2025. The company reported that changes in the surrounding road network of its three main expressways-the GS Superhighway, the GZ West Superhighway, and the Coastal Expressway (Shenzhen Section)-resulted in varying impacts on traffic volumes and, consequently, on toll revenues for each expressway during the month. As a result, year-on-year changes in toll revenue differed across the three expressways. The company cautioned that the operational statistics disclosed are provisional and compiled from unaudited internal records, with some figures estimated at the time of monthly settlement. Adjustments are made to account for differences between provisional and actual settlement statistics from the previous month, which may affect year-on-year comparisons. Investors are advised to use these statistics for reference only and not to rely on them unduly. The board, led by Chairman Xiangwen Liao, emphasized that while care has been taken in preparing the statistics, discrepancies may arise due to the integrated toll fee collection system and required settlement procedures. Further details on each expressway project are available on the company's website under the "Business Overview" section.

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