Guangdong expressway boosts investor returns amid infrastructure expansion

Guangdong Provincial Expressway Development (GPED) declared intentions to allocate 1,093.5 million yuan for cash dividends, translating to 5.23 yuan per 10 shares. The annual report indicates a strategic focus on core expressway operations and related infrastructure development projects. High priority initiatives include the expansion of the Guangzhou-Shenzhen-Zhuhai Expressway to alleviate congestion and improve regional connectivity, supported by a 2024 year-end investment of 2,665.4 million yuan. Other ongoing projects include renovation projects for both Huizhou-Shenzhen and Guangzhao expressways to expand road infrastructure. In total, the board of directors have approved research and development expensitures in excess of 5,000,000 yuan, earmarked to support continued upgrades to drainage systems and traffic managment. The expansion strategy is supported by long term investments in key regional infrastructure.