On December 30, Gelonghui reported that SHENZHENEXPRESS (00548.HK) announced that according to the agreement signed with the Shenzhen Transportation Bureau (formerly the Transportation Committee of Shenzhen) and Shenzhen Guangshen Jiang Highway Investment Co., Ltd. ("Yanjing Company," in which BAY AREA DEV and Shenzhen Expressway Corporation hold 51% and 49% shares respectively), adjustments to truck transportation tolls are being implemented for the Jiangsu project of the Guangshen Jiang Highway in Shenzhen: from March 1, 2018, to December 31, 2024, trucks using the Jiangsu project will be charged 50% of the normal toll rates, with the Shenzhen Transportation Bureau providing compensation to Yanjing Company for this toll reduction. The Boards of Directors of Shenzhen Expressway Corporation and BAY AREA DEV hereby announce that, based on a recent notification from the Shenzhen Transportation Bureau, the aforementioned agreement will expire at 24:00 on December 31, 2024, and will not be extended. The adjustments to truck transportation tolls for the Jiangsu project will come to an end.
深圳高速公路股份(00548.HK):沿江项目货车运输收费调整结束
SHENZHENEXPRESS (00548.HK): The adjustment of truck transportation charges for the riverside project has concluded.
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