Stock Code：000429，200429 Stock Abbreviation ：Guangdong Expressway A, Guangdong Expressway B
Announcement No.:2022-032
Summary of 2022 Semi-Annual Report of Guangdong Provincial
Expressway Development Co., Ltd.
1 Important notes
The summary is abstract from full-text of semi-annual report, for more details information , investors should
found in the full-text of annual report that published on website of Shenzhen Stock Exchange and other website
appointed by CSRC.
All the directors have attended the meeting of the board meeting at which this report was examined
Non-standard audit advice
□ Applicable √ Not applicable
The Board of Directors considered the plan for the distribution of ordinary shares in the reporting period or the
plan for the transfer of capital reserve.
□ Applicable √ Not applicable
The company plans not to send cash dividends, do not send bonus shares, not to increase the share capital.
The Board of Directors decided to adopt the Preplan Preference Share Profit Distribution Plan for the reporting
period
□ Applicable √ Not applicable
II Company basic information
1. Company Profile
Stock abbreviation: Expressway A, Expressway B Stock code： 000429、200429
Stock exchange for listing Shenzhen Stock Exchange
Board secretary Securities affairs Representative
Name Yang Hanming Liang Jirong
46/F, Litong Plaza, No.32, Zhujiang East 45/F, Litong Plaza, No.32, Zhujiang East
Contact address Road, Zhujiang New City, Tihe Disrtict , Road, Zhujiang New City, Tihe Disrtict ,
Guangzhou Guangzhou
Tel 020-29004619 020-29004523
E-mail Hmy69@126.com 139221590@qq.com
2.Summary of Accounting Data and Financial Indicators
Whether it has retroactive adjustment or re-statement on previous accounting data
□Yes No
Reporting period Same period of last year YoY+/-（%）
Operating income（yuan） 2,057,420,809.68 2,488,474,669.81 -17.32%
Net profit attributable to the
shareholders of the listed 773,786,851.68 848,860,350.64 -8.84%
company（yuan）
Net profit after deducting of
non-recurring gain/loss
attributable to the 743,090,095.19 842,743,158.64 -11.82%
shareholders of listed
company（yuan）
Cash flow generated by
1,443,551,266.30 1,815,293,217.25 -20.48%
business operation, net（yuan）
Basic earning per
0.37 0.41 -9.76%
share(yuan/Share)
Diluted gains per
share(yuan/Share) 0.37 0.41 -9.76%
Weighted average
8.45% 10.16% -1.71%
income/asset ratio（%）
As at the end of the reporting
As at the end of last year YoY+/-（%）
period
Gross assets（yuan） 19,737,220,017.64 18,875,766,799.31 4.56%
Shareholders’ equity
attributable to shareholders of 8,549,301,415.60 8,982,437,985.17 -4.82%
the listed company（yuan）
3.Number of shareholders and shareholding
In share
Total number of common Total number of preferred shareholders
shareholders at the end of the 47,944 that had restored the voting right at the end 0
reporting period of the reporting period (if any) (note 8)
top ten shareholders
Proporti Number of share
Nature of on of Number of Changes in Amount of Amount of pledged/frozen
Shareholders sharehold shares shares held at reporting restricted un-restricted
er held period -end period shares held shares held State of Amo
（%） share unt
Guangdong State-own
Communication ed legal 24.56% 513,485,480 410,105,738 103,379,742
Group Co.,Ltd person
Guangdong Highway State-own
Construction Co., ed legal 22.30% 466,325,020 466,325,020
Ltd, person
Shangdong
Expressway State-own
Investment ed legal 9.68% 202,429,149 202,429,149
Development Co., person
Ltd.
Tibet Hetai
State-own
Enterprise
ed legal 4.84% 101,214,574 101,214,574
Management Co., person
Ltd.
Guangdong State-own
Provincial Freeway ed legal 2.53% 52,937,491 19,582,228 33,355,263
Co.,Ltd. person
Domestic
natural
Feng Wuchu 1.04% 21,646,105 58,134 21,646,105
person
shares
Overseas
HKSCC legal 0.87% 18,112,455 -1,417,176 18,112,455
person
Happy life insurance
Other 0.81% 16,928,878 86,400 16,928,878
Co., Ltd.-Dividend
China Life Insurance
Co., Ltd.－Dividend
Other 0.75% 15,640,085 -222,080 15,640,085
－Personal dividend
-005L-FH002 Shen
Overseas
Xinyue Co., Ltd. legal 0.63% 13,201,086 13,201,086
person
Strategic investor or general legal
person becoming top-10 ordinary
None
shareholder due to rights issue (if
any) (see note 3)
Guangdong Communication Group Co., Ltd. is the parent company of Guangdong Highway
Construction Co., Ltd.，Guangdong Provincial Freeway Co.,Ltd. and Xinyue Co., Ltd., It is unknown
Related or acting-in-concert
parties among shareholders above whether there is relationship between other shareholders and whether they are persons taking
concerted action specified in the Regulations on Disclosure of Information about Change in
Shareholding of Shareholders of Listed Companies.
4. Change of the controlling shareholder or the actual controller
Change of the controlling shareholder in the reporting period
□ Applicable √ Not Applicable
There was no any change of the controlling shareholder of the Company in the reporting period.
Change of the actual controller in the reporting period
□ Applicable √ Not applicable
There was no any change of the actual controller of the Company in the reporting period.
5.The total number of shareholders of the Company's preferred shares and the shareholdings of the top 10
preferred shareholders
The Company did not have any preferred shareholding in the report period.
6、Bonds existing on the approval date of semi annual report
√Applicable □ Not applicable
1. Basic information
Bond short Interes
Bond name Bond code Issue day Due day Bond balance
name t rate
Guangdong Provincial Expre
19 Guangdong
ssway Development Co., Ltd February March
Expressway 101900252 679,249,314.45 4%
. 2019 first phase medium-ter 27,2019 1,2024
MTN001
m notes
Guangdong Provincial Expre
20 Guangdong
ssway Development Co., Ltd March March
Expressway 102000367 748,654,443.53 3%
. 2020 first phase medium-ter 13,2020 17,2025
MTN001
m notes
2、Financial indicators as of the end of the reporting period
Items At the end of the reporting period At the end of last year
Debt ratio 44.89% 40.02%
Amount of this period Amount of last period
EBITDATime interest earned ratio 15.96 15.46
III.Explanation on other significant events
Guangdong Provincial Expressway Development Co., Ltd received the informal letter No. 24-[2022] Yue
Transportation Operation-"Notice of the Department of Transportation of Guangdong Province on Issues
Concerning the Expiration of Toll Collection of Guangfo Expressway" issued by Guangdong Provincial
Department of Transportation", with the main content as follows:
1. Guangfo Expressway shall stop toll collection from 0:00 on March 3, 2022, retain the existing toll
facilities and operate as usual in a zero-rate manner, exempt vehicle tolls for all vehicles passing this road section,
and collect vehicle tolls on behalf for other road sections.
2. After the toll collection is stopped, Guangfo Expressway Co., Ltd shall continue to be responsible for the
management and maintenance of Guangfo Expressway.
Guangfo Expressway Co., Ltd is a holding subsidiary to the Company, and the Company holds 75% of its
equity. The Company and Guangfo Company will conduct timely inspection, maintenance and management of
Guangfo Expressway and its ancillary facilities, as well as communication, monitoring, network toll collection
and other systems in strict accordance with the national and provincial standards and specifications, thus to ensure
that they are in good technical conditions and to ensure the order of network toll collection operation. It will do a
good job in traffic flow monitoring and traffic guidance after the toll collection of Guangfo Expressway is stopped,
and will provide high-quality services for passing vehicles and personnel.
