1、Guangdong Provincial Expressway Development Co.,Ltd.The Semi-Annual Report 20211Guangdong Provincial Expressway Development Co.,Ltd.The Semi-Annual Report 2021August2021Guangdong Provincial Expressway Development Co.,Ltd.The Semi-Annual Report 20212I.Important Notice,Table of Contents and Definition
2、sThe Board of Directors,the Supervisory Committee as well as all directors,supervisors and senior managementstaff of the Company warrant that this Report is factual,accurate and complete without any false record,misleading statement or material omission.And they shall be jointly and severally liable
3、 for that.Mr.Zheng Renfa,Company principal,Mr.Wang Chunhua,General Manager,Mr.Lu Ming,Chief of theaccounting work,Ms.Zhou Fang,Chief of the accounting organ(chief of accounting)hereby confirm theauthenticity and completeness of the financial report enclosed in this Semi-annual report.All the directo
4、rs have attended the meeting of the board meeting at which this report was examined.The toll revenues of Expressway is main source of the major business income of the company,The chargestandard of vehicle toll must be submitted to the same level peoples government for review and approval after thetr
5、ansport regulatory department of province,autonomous region or municipality directly under the centralgovernment in conjunction with the price regulatory department at the same level consented upon examination.Therefore,the adjustment trend of the charge price and the charge price if has the corresp
6、onding adjustment in thefuture price level when the cost of the company rises still depend on the approval of relevant national policies andgovernment departments,and the company isnt able to make timely adjustment to the charge standard inaccordance with the its own operation cost or the change of