Yuexiu Transport reports mixed September 2025 operating results

Yuexiu Transport Infrastructure Limited experienced a general decline in average daily traffic volume and toll revenue across most projects in September 2025. This was attributed to the natural tapering off of summer traffic and a higher comparative base from the previous year's Mid-Autumn Festival travel peak. For instance, GNSR Expressway saw a 5.5% year-on-year (Y-O-Y) decrease in traffic volume and a 5.6% Y-O-Y decrease in toll revenue. Similarly, Humen Bridge reported a 2.8% Y-O-Y decrease in traffic volume and a 0.8% Y-O-Y decrease in toll revenue.

Despite the overall trend, some projects demonstrated resilience or growth due to network changes and specific exemptions. Daguangnan Expressway achieved a substantial 40.7% Y-O-Y increase in traffic volume and a 9.5% Y-O-Y rise in toll revenue for September, benefiting from point-to-point toll exemptions for Class 1 passenger vehicles and diversions due to a competing tunnel closure. Hancai Expressway also recorded a notable 21.6% Y-O-Y increase in toll revenue, driven by reconstruction and expansion works on Hanyi Expressway, despite a 9.9% Y-O-Y decrease in traffic volume.

The Shenzhen-Zhongshan Link's operation from June 30, 2024, continued to impact Humen Bridge by diverting traffic, though this effect has gradually narrowed since July. The company notes that monthly forecast statistics are subject to adjustments based on the difference between estimated and actual settlement figures, leading to potential deviations.