Shenzhen Expressway (HKG:0548, SHA:600548) generated a toll revenue of 994.5 million yuan in December 2024, according to a Hong Kong Stock Exchange disclosure on Jan. 24.

The revenue was collected from 16 expressways, a majority located in China's Guangdong Province while three were located in other provinces in the mainland.

Among the expressways, Qinglian Expressway's toll revenue fell year on year due to the first phase of the road technology improvement project, which is now complete, the expressway company said.

The company's Hong Kong shares dropped less than 7% and Shanghai shares fell less than 2% in recent trade.