Stock Code：000429，200429 Stock Abbreviation ：Guangdong Expressway A Guangdong Expressway BAnnouncement No.:2021-033

Summary of 2021 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.Director Supervisor Senior Manager Objection Statement: None.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、200429Stock 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

Retroactive adjustment or restatement of causes

Merger of enterprises under the same control

Same period of last year YoY+/-（%）

Reporting period

Before adjustment After adjustment After adjustment

Operating income（yuan） 2488474669.81 660898961.79 1117754309.27 122.63%

Net profit attributable to the

shareholders of the listed company 848860350.64 -5830257.18 24616425.76 3348.35%（yuan）

Net profit after deducting of

non-recurring gain/loss attributable to

842743158.64 -9514717.42 -9514717.42 8957.26%

the shareholders of listed company（yuan）

Cash flow generated by business

1815293217.25 417906104.34 709663295.81 155.80%

operation net（yuan）

Basic earning per share(yuan/Share) 0.41 -0.0028 0.01 4000.00%

Diluted gains per share(yuan/Share) 0.41 -0.0028 0.01 4000.00%

Weighted average income/asset ratio

10.16% -0.06% 0.23% 9.93%

（%）

As at the end of As at the end of last year YoY+/-（%）

the reporting

period Before adjustment After adjustment After adjustment

Gross assets（yuan） 19948560358.43 19748578658.11 19748578658.11 1.01%

Shareholders’ equity attributable to

shareholders of the listed company 8184145884.55 7933136499.11 7933136499.11 3.16%（yuan）

3.Particulars about top ten shareholders

In share

Total number of common Total number of preferred shareholders that had

shareholders at the end of the 53257 restored the voting right at the end of the reporting 0

reporting period period (if any) (note 8)

Particulars about shares held above 5% by shareholders or top ten shareholders

Number of

share

Number of Changes Amount of

Proportion Amount of pledged/froze

Nature of shares held in un-restricte

Shareholders of shares restricted n

shareholder at period reporting d shares

held（%） shares held

-end period held State Amo

of

unt

share

Guangdong

State-owned

Communication 24.56% 513420438 410040696 103379742

legal person

Group Co.Ltd

Guangdong Highway State-owned

22.30% 466325020 466325020

Construction Co. Ltd legal person

Shangdong

Expressway

State-owned

Investment 9.68% 202429149 202429149

legal person

Development Co.Ltd.Tibet Yingyue

State-owned

Investment 4.84% 101214574 101214574

legal person

Management Co. Ltd.Guangdong Provincial State-owned

2.53% 52937491 19582228 33355263

Freeway Co.Ltd. legal person

China Life Insurance

Co. Ltd.－Dividend

Other 1.96% 41009355 41009355

－Personal dividend

-005L-FH002 Shen

Domestic

Feng Wuchu natural person 0.99% 20597146 -196707 20597146

shares

GUOTAI JUNAN

Overseas legal

SECURITIES(HONG 0.64% 13469409 7062996 13469409

person

KONG) LIMITED

Overseas legal

Xinyue Co. Ltd. 0.63% 13201086 13201086

person

Happy life insurance 1161774

Other 0.56% 11617747 11617747

Co. Ltd.-Dividend 7

Related or Guangdong Communication Group Co. Ltd. is the parent company of Guangdong Highway Construction

acting-in-concert Co. Ltd. and Guangdong Expressway Co. Ltd. It is unknown whether there is relationship between other

parties among shareholders and whether they are persons taking concerted action specified in the Regulations on

shareholders above Disclosure of Information about Change in Shareholding of Shareholders of Listed Companies.Description of

shareholders

participating in

None

margin financing and

securities lending

business (if any)

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

□ Applicable √ Not Applicable

The Company did not have any 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 678798734.87 4%. 2019 first phase medium-ter 272019 12024

MTN001

m notes

Guangdong Provincial Expre

20 Guangdong

ssway Development Co. Ltd March March

Expressway 102000367 748157926.49 3%. 2020 first phase medium-ter 132020 172025

MTN001

m notes

2、Financial indicators as of the end of the reporting periodItems At the end of the reporting period At the end of last year

Debt ratio 47.54% 48.19%

Amount of this period Amount of last period

EBITDATime interest earned ratio 15.46 6.4

III.Explanation on other significant events

The Department of Transportation of Guangdong Province issued the "Letter of the Department of Transportation

of Guangdong Province on the Charge Period for the Reconstruction and Expansion Project of the

Sanbao-Shuikou Section of the Shenyang-Haikou National Expressway" (No 328-[2021] Guangdong

Transportation Regulation Letter) on June 8 2021 the approved fee period for the Sanbao-Shuikou section of the

Shenyang-Haikou National Expressway is 24.6011 years that is from November 8 2019 to June 14 2044. For

the relevant information on this matter please refer to the "Announcement on Significant Events" and

"Announcement on Changes in Accounting Estimates" published by the Company respectively on June 10 2021

（Announcement No.:2021-020）and June 29 2021 on www.cninfo.com.cn. （Announcement No.:2021-024）