Shandong Expressway: The scale of financial investments will shrink to a certain extent in the future, with a focus on investments in projects related to the core industry chain and green low-carbon industries.
Shandong Expressway stated at the performance briefing that with the expiration of previous investment projects, the scale of financial investments will shrink to a certain extent. In the future, the company will mainly consider investing in high-quality projects related to its main business industry chain and green low-carbon industries. Currently, the company is undergoing expansion and renovation projects for the Beijing-Taiwan Expressway Qiji section, Weilai Expressway, and G220 East Shen line, with large capital expenditures during the project construction period. The company's comprehensive financial cost is currently about 3.05%. In the future, the company will strive to further reduce financial costs by negotiating with financial institutions, repaying loans in advance based on funding needs, and replacing high-interest financing with low-interest financing.
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