Chutian Expressway Reports First-Half Revenue and Net Profit Growth, with Hydrogen Energy and Smart Transportation Driving Synergy

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Chutian Expressway released its 2026 semi-annual report, with first-half operating revenue of 2.337 billion yuan, up 0.91 percent year on year, net profit of 437 million yuan, up 8.59 percent, and non-GAAP net profit of 434 million yuan, a sharp increase of 17.13 percent. Road and bridge operations are the company's main profit center, with vehicle toll revenue of 1.129 billion yuan, accounting for 48.33 percent of operating revenue. The company holds franchise rights for six expressways, with a toll mileage of about 619 kilometers. During the reporting period, the company completed investment of 6.9 billion yuan, maintained a AAA issuer credit rating, added 48 charging guns, completed age-friendly renovations of 220 public toilets, and had 16 driver homes certified by the Ministry of Transport. In the transport energy business, the company operates and manages 13 gas stations, 2 hydrogen refueling stations, 4 LNG refueling stations, and 34 charging sites. Two LNG refueling stations at the Shuangxi service area on the Qijia Expressway officially began operations, the hydrogen energy demonstration line on the Hanyi Expressway is operating steadily, and the company has initially built a digital and intelligent platform model for the hydrogen energy industry in Hubei. The company said it will continue to use road and bridge operations as its foundation, accelerate the reconstruction and expansion of the Hanyi Expressway, and deepen the coordinated development of smart transportation and transport energy.

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