China Merchants Expressway Network & Technology Holdings Co., Ltd. Class ASZSE: 001965

CHINA MERCHANTS EXPRESSWAY NETWORK: Revenue up 26.9% year-over-year, but cash flow and margins pressured by project costs

· Issued by China Merchants Expressway Network & Technology Holdings Co., Ltd. Class A

Q1 2026 revenue rose 26.9% year-over-year to ¥3.56 billion, with net profit up 1.5% to ¥1.35 billion. Cash flow from operations declined, while investment outflows surged due to major project spending. Margins were pressured by rising costs and asset impairments.

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