Shenzhen Expressway : Unaudited Toll Revenue for the Month of March 2021

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深 圳 高 速 公 路 股 份 有 限 公 司

SHENZHEN EXPRESSWAY COMPANY LIMITED

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 00548)

UNAUDITED TOLL REVENUE

FOR THE MONTH OF MARCH 2021

The board (the "Board") of directors of Shenzhen Expressway Company Limited (the "Company") hereby announces the toll revenue of the Group for the month of March 2021 (unaudited) as follows:

% of interests

% of revenue

Toll revenue

Toll highway

(RMB'000)

held by the Group

consolidated

Total

Average daily

Guangdong province - Shenzhen region:

Meiguan Expressway		100%	100%	14,383	464
Jihe East		100%	100%	65,061	2,099
Jihe West		100%	100%	51,166	1,651
Coastal Project		100%	100%	51,196	1,651
Outer Ring Project		100%	100%	81,471	2,628
Longda Expressway		89.93%	100%	13,231	427
Shuiguan Expressway		50%	100%	57,839	1,866
Shuiguan Extension		40%	-	8,529	275
Guangdong province - Other regions:
Qinglian Expressway		76.37%	100%	80,027	2,582
Yangmao Expressway		25%	-	42,092	1,358
				49,706	1,603
GZ W2 Expressway		25%	-
Other provinces in the PRC:
Wuhuang Expressway		100%	100%	38,231	1,233
Yichang Project		100%	100%	37,124	1,198
Changsha Ring Road		51%	100%	23,692	764
Nanjing Third Bridge		25%	-	45,374	1,464

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CAUTION STATEMENT

The Board hereby reminds investors that the above data are based on the Group's internal records which are unaudited. Differences may arise between such data and the data to be disclosed in periodic reports due to completion of certain steps on sorting out the toll revenue data and confirming the results of sorting out such data, as well as toll revenue of certain projects being recorded on the basis of estimation at the date of monthly settlement and disclosure under the circumstance of inter-network toll collection. In addition, the Company adjusts monthly forecast data in accordance with the difference between the estimated data and the actual settlement data for the previous month, resulting in a certain degree of individual data deviation. So, toll revenue in the announcement are only for investors' reference as phasic statistics, investors are advised to use such statistics cautiously.

By Order of the Board

Gong Tao Tao

Joint Company Secretary

Shenzhen, the PRC, 28 April 2021

As at the date of this announcement, the Directors of the Company are Mr. HU Wei (Executive Director and Chairman of the Board), Mr. LIAO Xiang Wen (Executive Director and President), Mr. WANG Zeng Jin (Executive Director), Mr. WEN Liang (Executive Director), Mr. DAI Jing Ming (Non-executive Director), Ms. LI Xiao Yan (Non-executive Director), Ms. CHEN Hai Shan (Non-executive Director), Ms. CHEN Xiao Lu (Independent non-executive Director), Mr. BAI Hua (Independent non-executive Director) and Mr. LI Fei Long (Independent non-executive Director).

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