Unaudited toll revenue statistics for january 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in Bermuda with limited liability)

(Stock Code: 01052)

UNAUDITED TOLL REVENUE STATISTICS FOR JANUARY 2021

The unaudited operating information of the Company for January 2021 is set out below:

Average daily toll traffic

BRIEF DESCRIPTION:

• 1. According to the "Notice on the Extension of the Toll-Free Period for Small Passenger Vehicles during the 2020 Spring Festival Holiday" (Guo Ban Fa Ming Dian [2020] No. 1)

  (ᗫ׵ַڗ2020ϋ݆ື৿ಂʃۨ܄ԓе൬ஷБࣛݬٙஷٝ'(਷፬೯׼ཥ[2020]1໮ )) and

  "Notice on the Extension of the Toll-Free Period for Small Passenger Vehicles on Toll Roads during the Spring Festival Holiday" (Jiao Gong Lu Ming Dian [2020] No. 38) ( ᗫ ׵ַڗ݆ື৿ಂϗ൬ʮ༩еϗʃۨ܄ԓஷБ൬ࣛݬٙஷٝ'(ʹʮ༩׼ཥ[2020]38໮)), the toll-free period for small passenger vehicles on all toll roads in the PRC with respect to 2020 Spring Festival Holiday commenced from 0:00 a.m. on 24 January 2020 to 24:00 on 8 February 2020. According to the "Notice in relation to the Toll Fees Exemption for Vehicles on Toll Roads during the Prevention and Control Period of the Coronavirus Pandemic" (Jiao Gong Lu Ming Dian [2020] No. 62) ( ᗫ׵อڿ ٬فޥઋԣછಂගеϗϗ൬ʮ༩ԓሿஷБ൬ٙஷٝ'(ʹʮ༩׼ཥ[2020]62໮)), toll fee exemption for vehicles on all toll roads in the PRC should be implemented from 0:00 a.m. on 17 February 2020 to the end of the prevention and control measures over the coronavirus pandemic. According to the "Notice on Resumption of Toll Collection on Toll Roads" (No. 25 in 2020) ( ᗫ׵ܨూϗ൬ʮ༩ϗ൬ٙʮѓ'(2020ϋୋ25໮)), the collection of toll on legally approved toll roads should resume, effective from 0:00 a.m. on 6 May 2020, and therefore all the projects of the Group have resumed normal toll collection.

• 2. Since the cancellation of the provincial borders toll stations on January 1, 2020, due to the COVID-19 outbreak and the instability of the new system at the initial stage of operation, the supervisory authorities of the provinces (municipalities), where the projects are located, have not yet been able to provide accurate data of toll traffic volume and toll revenue for January 2020. Hence, the Group cannot disclose the year-on-year changes.

• 3. According to the "Opinions on the arrangement of Spring Festival Travel Season 2021 and Strengthening the control and prevention of Coronavirus" (Fa Gai Yun Xing [2021] no.35)

  (ᗫ׵ਂλ2021ϋ݆༶ʈЪձ̋੶݆༶ޥઋԣછٙจԈ' (೯ҷ༶Б[2021] 35໮)), the travel season will last 40 days from 28 January 2021 to 8 March 2021. According to the "Notice in relation to Ensuring Services Provided to People Stay Local for the Spring Festival" (Zhong Ban Fa Dian [2021] No.4) ( ᗫ׵ਂλɛ͏໊଺ఱήཀϋ؂ਕڭღʈЪٙ ஷٝ' (ʕ፬೯ཥ[2021] 4໮)), people are suggested staying at their existing location during the Spring Festival.

• 4. In January, the overall toll revenue remained stable, except that certain sections of expressways were affected by the change of road networks and the COVID-19 pandemic and set out as follows:

• 4.1 GNSR Expressway and GWSR Expressway: Guangzhou-Foshan-Zhaoqing Expressway (the Guangzhou section and the phase II of Foshan section), which was basically parallel to the GNSR Expressway and GWSR Expressway, caused diversion impact to both expressways. The Group has been closely monitoring the specific impact from the said diversion.

• 4.2 Jinxiong Expressway: It is under the diversion impact resulting from the commencement of operation of Jin-Shi Expressway, which is basically parallel to this road section, on 22 December 2020. The toll revenue and toll traffic volume decreased due to the temporary traffic control implemented for pandemic prevention in Shijiazhuang and other areas of Hebei Province since early January.

4.3 Weixu Expressway: Since the traffic accidents on local roads in January 2020, which caused the implementation of two-way traffic control on Stake K97 at Yanling Section of Lan-Nan Expressway (S83) on 14 November 2020 (subsequently changed to one-way traffic control since 15 November 2020), both the toll traffic volume and toll revenue decreased. The said impact on toll traffic volume and toll revenue decreased gradually as the two way traffic resumed on half section since 15 December 2020. The traffic control ended on 8 February 2021.

4.4 Shantou Bay Bridge: It is subject to the diversion impact resulting from Chaoshan Ring

Road, which is basically parallel to the bridge and commenced its operation on 28

• December 2020.

• 5. The toll revenue referred to in this announcement includes value-added tax and is rounded to the nearest RMB1,000.

• 6. For details of the percentage of interest held by the Company in each project, please refer to page 16 of the Company's 2020 Interim Results Announcement.

CAUTION STATEMENT

The Company hereby reminds investors that the operational data in this announcement is compiled 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, as certain steps need to be performed to sort out the split of traffic volume and toll revenue and to confirm such data. Moreover, under the internetwork toll collection regime, the data of certain road sections would have to be recorded based on an estimation as at the date of the monthly settlement and disclosure. In coming up with the estimated numbers for a given month, the Company would also take into account adjustments that may need to be made to account for any difference between the estimated numbers and the actual settlement numbers for the previous month, which may result in some degree of deviation in the year-on-year comparison. Therefore, the data set out in this announcement is only for investors' reference as phasic statistics and investors are advised to exercise caution in using such data.

By order of the Board

Yuexiu Transport Infrastructure Limited

Yu Tat Fung

Company Secretary

Hong Kong, 4 March 2021

As at the date of this announcement, the Board comprises: