Shenzhen Express (00548): Shuiguan Expressway will stop collecting tolls starting from 24:00 on April 25th.

SHENZHENEXPRESS (00548) announced that, according to relevant documents from the provincial and municipal departments, the Shenzhen Shuijing Village to Guanjingtou Village expressway (Shuiguan Expressway) operated by Shenzhen Qinglong Expressway Limited Company (Qinglong Company) in which the company holds a 50% stake, will cease toll collection starting from 24:00 on April 25, 2026. Qinglong Company will carry out the handover of assets related to the Shuiguan Expressway in accordance with the regulations and requirements of the transportation management department. For information on the assets and operations of the Shuiguan Expressway, please refer to the company's annual disclosure reports and monthly toll revenue announcements. The company expects that these matters will not have a significant impact on the company's financial position and operating results.