粤高速Ｂ：2025年半年度报告（英文版）.PDF

1、The Semi-Annual Report 20251Guangdong Provincial Expressway Development Co.,Ltd.The Semi-Annual Report 2025August 2025The Semi-Annual Report 20252I.Important Notice,Table of Contents and DefinitionsThe Board of Directors,the Supervisory Committee as well as all directors,supervisors and senior manag

2、ementstaff of the Company warrant that this Report is factual,accurate and complete without any false record,misleading statement or material omission.And they shall be jointly and severally liable for that.Mr.Miao Deshan,Company principal,Mr.Lu Ming,Chief of the accounting work,Ms.Yan Xiaohong,Chie

3、f ofthe accounting organ(chief of accounting)hereby confirm the authenticity and completeness of the financialreport enclosed in this Semi-annual report.All the directors have attended the meeting of the board meeting at which this report was examined.The toll revenues of Expressway is main source o

4、f the major business income of the company,The chargestandard of vehicle toll must be submitted to the same level peoples government for review and approval after thetransport regulatory department of province,autonomous region or municipality directly under the centralgovernment in conjunction with

5、 the price regulatory department at the same level consented upon examination.Therefore,the adjustment trend of the charge price and the charge price if has the corresponding adjustment in thefuture price level when the cost of the company rises still depend on the approval of relevant national poli

6、cies andgovernment departments,and the company isnt able to make timely adjustment to the charge standard inaccordance with the its own operation cost or the change of market supply demand.So,the change of chargepolicy and the adjustment of charge standard also have influence on the expressways oper