Jiangxi Ganyue Expressway (600269.SH) released its semi-annual report on August 14th. The company achieved revenue of 3.22 billion yuan during the reporting period, a YoY decrease of 7.22%. The net income attributable to shareholders of the listed company was 0.627 billion yuan, a YoY decrease of 14.33%. The net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.651 billion yuan, with an EPS of 0.27 yuan and a weighted average return on net assets of 3.49%.

During the reporting period, facing unfavorable factors such as extended free travel time during holidays and extreme bad weather, the company conducted in-depth analysis, responded calmly, and coordinated overall planning. First, it improved the monitoring of operation and management data, and iteratively optimized the operation and management mode. It conducted serious audits to prevent fare evasion and solidly implemented the activities of using vehicle to increase revenue and plugging leaks. Second, it maintained close communication with the road management unit, coordinated the promotion of maintenance management, improved service quality, and ensured smooth traffic during extreme weather conditions. Third, it enhanced the refinement of operation and management level, strictly reviewed the project approval at the source, and strengthened cost control by strictly approving settlement payments at the end. During the reporting period, the company achieved toll service revenue of 1.777 billion yuan, which was basically flat with the same period last year. The gross margin of the expressway operation business was 62.16%, which was increased by 2.58 percentage points YoY.