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 □ NoReporting period Same period of last year YoY+/-（%）

Operating income（yuan） 2057420809.68 2488474669.81 -17.32%

Net profit attributable to the

shareholders of the listed 773786851.68 848860350.64 -8.84%

company（yuan）

Net profit after deducting of

non-recurring gain/loss

attributable to the 743090095.19 842743158.64 -11.82%

shareholders of listed

company（yuan）

Cash flow generated by

1443551266.301815293217.25-20.48%

business operation ne（t yuan）

Basic earning per

0.370.41-9.76%

share(yuan/Share)

Diluted gains per

0.370.41-9.76%

share(yuan/Share)

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） 19737220017.64 18875766799.31 4.56%

Shareholders’ equity

attributable to shareholders of 8549301415.60 8982437985.17 -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 47944 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% 513485480 410105738 103379742

Group Co.Ltd person

Guangdong Highway State-own

Construction Co. ed legal 22.30% 466325020 466325020

Ltd person

Shangdong

Expressway State-own

Investment ed legal 9.68% 202429149 202429149

Development Co. person

Ltd.Tibet Hetai

State-own

Enterprise

ed legal 4.84% 101214574 101214574

Management Co. person

Ltd.Guangdong State-own

Provincial Freeway ed legal 2.53% 52937491 19582228 33355263

Co.Ltd. personDomestic

natural

Feng Wuchu 1.04% 21646105 58134 21646105

person

shares

Overseas

HKSCC legal 0.87% 18112455 -1417176 18112455

person

Happy life insurance

Other 0.81% 16928878 86400 16928878

Co. Ltd.-Dividend

China Life Insurance

Co. Ltd.－Dividend

Other 0.75% 15640085 -222080 15640085

－Personal dividend

-005L-FH002 Shen

Overseas

Xinyue Co. Ltd. legal 0.63% 13201086 13201086

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 unknownRelated or acting-in-concert

whether there is relationship between other shareholders and whether they are persons taking

parties among shareholders above

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 679249314.45 4%. 2019 first phase medium-ter 272019 12024

MTN001

m notesGuangdong Provincial Expre

20 Guangdong

ssway Development Co. Ltd March March

Expressway 102000367 748654443.53 3%. 2020 first phase medium-ter 132020 172025

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.