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 notesThe summary is abstract from full-text of semi-annual report, for more details information , investors shouldfound in the full-text of annual report that published on website of Shenzhen Stock Exchange and other websiteappointed 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 theplan 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 reportingperiod
□ Applicable √ Not applicable
II Company basic information
1. Company Profile
Stock abbreviation:
| 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 |
| Contact address | 46/F, Litong Plaza, No.32, Zhujiang East Road, Zhujiang New City, Tihe Disrtict , Guangzhou | 45/F, Litong Plaza, No.32, Zhujiang East Road, Zhujiang New City, Tihe Disrtict , Guangzhou |
| Tel | 020-29004619 | 020-29004523 |
| 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 causesMerger of enterprises under the same control
| Reporting period | Same period of last year | YoY+/-（%） | ||
| Before adjustment | After adjustment | After adjustment | ||
| Operating income（yuan） | 2,488,474,669.81 | 660,898,961.79 | 1,117,754,309.27 | 122.63% |
| Net profit attributable to the shareholders of the listed company（yuan） | 848,860,350.64 | -5,830,257.18 | 24,616,425.76 | 3,348.35% |
| Net profit after deducting of non-recurring gain/loss attributable to the shareholders of listed company（yuan） | 842,743,158.64 | -9,514,717.42 | -9,514,717.42 | 8,957.26% |
| Cash flow generated by business operation, net（yuan） | 1,815,293,217.25 | 417,906,104.34 | 709,663,295.81 | 155.80% |
| Basic earning per share(yuan/Share) | 0.41 | -0.0028 | 0.01 | 4,000.00% |
| Diluted gains per share(yuan/Share) | 0.41 | -0.0028 | 0.01 | 4,000.00% |
| Weighted average income/asset ratio（%） | 10.16% | -0.06% | 0.23% | 9.93% |
| As at the end of the reporting period | As at the end of last year | YoY+/-（%） | ||
| Before adjustment | After adjustment | After adjustment | ||
| Gross assets（yuan） | 19,948,560,358.43 | 19,748,578,658.11 | 19,748,578,658.11 | 1.01% |
| Shareholders’ equity attributable to shareholders of the listed company（yuan） | 8,184,145,884.55 | 7,933,136,499.11 | 7,933,136,499.11 | 3.16% |
3.Particulars about top ten shareholders
In share
| Total number of common shareholders at the end of the reporting period | 53,257 | Total number of preferred shareholders that had restored the voting right at the end of the reporting period (if any) (note 8) | 0 | |||||||
| Particulars about shares held above 5% by shareholders or top ten shareholders | ||||||||||
| Shareholders | Nature of shareholder | Proportion of shares held（%） | Number of shares held at period -end | Changes in reporting period | Amount of restricted shares held | Amount of un-restricted shares held | Number of share pledged/frozen | |||
| State of share | Amount | |||||||||
| Guangdong Communication Group Co.,Ltd | State-owned legal person | 24.56% | 513,420,438 | 410,040,696 | 103,379,742 | |||||
| Guangdong Highway Construction Co., Ltd, | State-owned legal person | 22.30% | 466,325,020 | 466,325,020 | ||||||
| Shangdong Expressway Investment Development Co., Ltd. | State-owned legal person | 9.68% | 202,429,149 | 202,429,149 | ||||||
| Tibet Yingyue Investment Management Co., Ltd. | State-owned legal person | 4.84% | 101,214,574 | 101,214,574 | ||||||
| Guangdong Provincial Freeway Co.,Ltd. | State-owned legal person | 2.53% | 52,937,491 | 19,582,228 | 33,355,263 | |||||
China Life InsuranceCo., Ltd.－Dividend－Personal dividend-005L-FH002 Shen
| China Life Insurance Co., Ltd.－Dividend －Personal dividend -005L-FH002 Shen | Other | 1.96% | 41,009,355 | 41,009,355 | ||||
| Feng Wuchu | Domestic natural person shares | 0.99% | 20,597,146 | -196,707 | 20,597,146 | |||
| GUOTAI JUNAN SECURITIES(HONGKONG) LIMITED | Overseas legal person | 0.64% | 13,469,409 | 7,062,996 | 13,469,409 | |||
| Xinyue Co., Ltd. | Overseas legal person | 0.63% | 13,201,086 | 13,201,086 | ||||
| Happy life insurance Co., Ltd.-Dividend | Other | 0.56% | 11,617,747 | 11,617,747 | 11,617,747 | |||
| Related or acting-in-concert parties among shareholders above | Guangdong Communication Group Co., Ltd. is the parent company of Guangdong Highway Construction Co., Ltd. and Guangdong Expressway Co., Ltd., It is unknown 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. | |||||||
| Description of shareholders participating in margin financing and securities lending business (if any) | None | |||||||
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 10preferred 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 name | Bond short name | Bond code | Issue day | Due day | Bond balance | Interest rate |
| Guangdong Provincial Expressway Development Co., Ltd. 2019 first phase medium-term notes | 19 Guangdong Expressway MTN001 | 101900252 | February 27,2019 | March 1,2024 | 678,798,734.87 | 4% |
Guangdong Provincial Expressway Development Co., Ltd. 2020 first phase medium-term notes
| Guangdong Provincial Expressway Development Co., Ltd. 2020 first phase medium-term notes | 20 Guangdong Expressway MTN001 | 102000367 | March 13,2020 | March 17,2025 | 748,157,926.49 | 3% |
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 | 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 eventsThe Department of Transportation of Guangdong Province issued the "Letter of the Department of Transportationof Guangdong Province on the Charge Period for the Reconstruction and Expansion Project of theSanbao-Shuikou Section of the Shenyang-Haikou National Expressway" (No 328-[2021] GuangdongTransportation Regulation Letter) on June 8, 2021, the approved fee period for the Sanbao-Shuikou section of theShenyang-Haikou National Expressway is 24.6011 years, that is, from November 8, 2019 to June 14, 2044. Forthe 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）