Shenzhen Expressway Co (HK:0548) has released an update.
Shenzhen Expressway Corporation Limited and its subsidiary, Shenzhen Investment Holdings Bay Area Development Company Limited, announced the end of a toll adjustment for freight vehicles on the Guangshen Coastal Expressway. The adjustment, which offered a 50% toll discount, will conclude on December 31, 2024, as the governing agreements will not be extended. This development could impact transportation costs and logistics strategies for companies relying on this route.
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