宁沪高速：2024年第一次临时股东大会通函

查股网 2024-03-07 宁沪高速(600377)公司公告

PRESSWAY COMPANY

LIMITED00177

(1)

(2)65%

(3)2024

新百利融資有限公司

2024418362024N-1N-6

15354555684HH18317M20244173

202436

– i –

.....................................................................ii

...... 1

A. .............................................................2B. ......................................

C. .........................................................11

D. H ..............................................

E. 2024............................................

...... 54

...... 56

– ...... I-1

– ...... II-1 – ...........................III-1 – ....................................................

IV-1 – ...... V-1

– ...... VI-1

2024 ...... N-1

– ii –

:65%:1 :

:(i)2(ii)3

(i) 2(ii) 3(iii) 4:

A:1.00

A :A

– iii –

12.2%

00177600377OTC Markets Group Inc.JEXYY:

:5,200,650,000

20244182024

:2024126

65%:

– iv –

1.00

()202431

– v –

)

14.60A(2)

65%

22.8% 12.2% 100%[2024] B12-0007

– vi –

43.9km

202431

:65%:,Kroll (HK) Limited,,

:20231031:

22.8%

k.m.km:

– 1 –

PRESSWAY COMPANY

LIMITED00177

****　*

(1)

(2)65%

(3)2024

– 2 –

20241291.

2. 2024

2024312024

(1)(2)(3)

20234282023331

2022[2022]220222023A2023H2023HH

– 3 –

(1)2022(2)220202394(3)(4)A1

2023H11.211.311.811.9AH

(86)25-84362700301815(86)25-84464303()(86)25-84207788)

(I) 2022A1

1. 1.8

2. 1.12

3. 3.5

4. 3.153.13–

– 4 –

5. 4.1

6. 22

8. 7.83020

9. 8.3

10. 8.5

11. 9.226.3

12. 10.21523

13. 10.3(3)12.8(2)(C)

30%

14. 10.621

15. 10.9

– 5 –

16. 10.10

17. 10.14

18. 10.15

19. 10.25

(1%)

20. 10.2610.29

21. 10.3210.29–

22. 10.3310.30–(1)(2)

23. 10.35(A

3.3

10.2(15)10.32(6)

24. 12.5(1)

(2)

25. 12.10

– 6 –

26. 12.11–(1)(2)

27. 12.13

28. 15.2

29. 16.2–(1)(2)

30. 16.7

31. 17.817.18

32. 19.6(1)(2)

33. 19.7

34. 19.82

35. 20.3

36. 20.4

37. 20.6

– 7 –

38. 20.7

39. 22.2

40. 22.31

41. 22.6

42. 23.1–(1)(2)

43. 23.223.1

44. 23.3

45. 23.4(1)22.2

(2)

46. 23.5

47. 23.6

48. 23.8

– 8 –

49. 23.1123.6

50. 24.224.4(1)

(2)(3)

51. 25.1

52.

(II)

1. 12.21–(1)

(2)

2. 12.22

3. 12.23

– 9 –

4. 12.23 –

5. –(1)13.1

15(2)13.32

(3)13.6

(4)13.7

(5)13.8(6)13.9

(7)13.10

(III)

1. 10.6(4)

2. 18.6

3. 22.1

4. 25.2

– 10 –

5. 27.326.3

(IV)

2.2 –

1234

N-1N-6

– 11 –

(I)

2024126202431

65%

– 12 –

5,200,650,000

8,001,000,000537,970,0007.2%

202432024

81.3

65%52.845

52.845

– 13 –

(i)

(ii) (iv)

(iii)

(iv)

(v)

(vi) 3

(i)(v)(vi)

– 14 –

52024123120251231202612312027123120281231

2025

2026202720282029

(LPR)8.

2024129

– 15 –

1. 20242025202620272028

1.5503623.4843823.607341

3.4835094.774364

– 16 –

= A – BA =

B =

5. 0

– 17 –

10.

(30)

4.5.

– 18 –

7.8.

3.4.

1. GDP

GDP

– 19 –

2. 2014

JTGB01-2014

– 20 –

(1)

(2) 2025

2021

0.550.45

(3) 2030

0.650.552030(2)

– 21 –

(4) 2030

0.750.552030(2)

7. 20231231

2024

– 22 –

8. 2022

7,100

9. 2016-2035

2021-2035

– 23 –

20362024129

22.8%

87.8%

22.8%14A.28(1)

12.2%

– 24 –

(II)1.

399A291320000134767063W199335

1,680,000

2022

779,408,849,469.48

– 25 –

2022

299,683,763,862.43

2022

93,171,065,453.75

2022

11,620,621,124.71

2022

54.44%

14.96178.55.53

– 26 –

91320000MA1NJPQ74F2017314

795,620

%5,171,530,000.00651,815,510,000.0022.8

969,160,000.0012.2

1. (100%)

2. (100%)

– 27 –

202112312022123120231031

2023123110312021

2022

1,608,508.66383,429,296.69497,676,436.231,505,770.87413,006,129.45443,737,354.81

(2,040,806.13)(320,620,036.30)(170,389,285.85)(2,040,806.13)(320,620,036.30)(170,389,285.85)2021202220231231

1231

1031

^15,979,016,253.3715,440,257,154.8914,532,508,003.16(8,916,503,865.58)(8,298,363,803.40)(7,069,474,937.52)

7,062,512,387.797,141,893,351.497,463,033,065.64#

1. 20211230

2. 2021202220231-10

– 28 –

20231031145.3270.69

48.64%2.6–3.71%

202310315.322024

202111

202218

2021326(1)

1,800550600650(2)

400202111520221352023150

– 29 –

(3)

2021112023123114,600202160020226,90020237,10020231226202411202643010%20241112315,30020251112315,8302026114302,138

3.76%

20241024

– 30 –

57.8

1.9

6.0

11.6

18.7

15.5

4.1

57.8

(III)

– 31 –

代表蘇錫常南部高速代表本集團擁有和經營且與蘇錫常南部高速公路緊密相關的收費公路代表本集團預期擁有和經營的收費公路代表連結本集團擁有和經營的收費公路的收費公路

– 32 –

43.9

202112302021122820241252520461229

(1) 0.550.8251.11.1

(2) 0.450.9771.351.805

1.8432.20

(1) 45609090

(2) 50105165

200210240

– 33 –

(1) 551010

(2) 51020

252530

2023202110311231202216,79213,04325,9562,0082,7852,850

1,607.24382,621.93494,766.19

20211230

(IV)

81.365%

52.845

– 34 –

14.61

14.60A

– 35 –

100%

??????

– 36 –

??????

7.0%

– 37 –

20235.8204624.6

6.52%

20248.6(1)2024(2)20236(3)2024

202612.92027

12.5

202814.8202918203119.90203215.52036203517.5203621.1

2007[2007]3925%

– 38 –

202420462023

25%

2.53%

“DLOM”

5.0%DLOM

– 39 –

14.60A(2)

(i)(ii)(iii)

14.60A(3)

– 40 –

(V)

0.55

0.45

– 41 –

2023202250%

– 42 –

2021

– 43 –

320172020-2022

4.1%5.5%

– 44 –

10%

202420242027

2027-2031

– 45 –

– 46 –

(VI)

202310311.0%

2023930202393049.17%20231031(i)20231031(ii)

52.94%

34.28

50%

– 47 –

2021123120221231

57.0355.23

202393049

6.9742.25

202445A+H

202310311020231-101.702022

2.494.98

4.44

2.24120220.27

– 48 –

(VII)

6.3.3

6.3.76.3.95%

14A.07(1)65%14.075%25%65%

14.3314A.3514A.3614A.46

– 49 –

(1)(2)(3)

20231120251231

8,500,000

2024SD-WAN20211213

20241231

433,096

20242023512024430

159,110

2024202311

20251231

5,000,000

202420211228 3,931,763.905

202414A.60

– 50 –

(VIII)

– 51 –

1.2.

– 52 –

(IX)

(i)5455

(ii)5684(iii)

D. H

20243192024418HH20243184:30

H183171712-17162024410

– 53 –

202441836N-1N-62

54.44%

H (i)2024415(ii)2024417

(www.jsexpressway.com)(www.hkexnews.hk)(www.sse.com.cn)

202436

– 54 –

PRESSWAY COMPANY

LIMITED00177

65%

202436

– 55 –

202436

– 56 –

65%

202436

2024126

65%5,200,650,000 65%202431

– 57 –

14A.07(1)65%

14.075%25%65%

14.3314A.3514A.3614A.46

202112312021202212312022

20239302023Kroll (HK) LimitedKroll

– 58 –

H1997627

1.1

17910

– 59 –

2022(%) ’000

100%1996.09-2032.06248.214,280,907.51785%1999.09-2029.0917.2682,210.15685%1999.09-2029.0935100%2007.09-2032.0987.261,198,241.242100%2007.09-2032.0965.6685%2003.09-2028.0969.3463,237.87385%2006.10-2031.102070%2018.09-2043.0921.6374,639.74760%2020.12-2045.1217.71299,109.99560%2021.01-2046.0125.459132,267.585

64.5%2021.06-2046.0635.882392,402.407S33857.33%

4.925–

57.33%

12.4–

– 60 –

1.2

202020212022202020212022123120232022202393020222023 9301231

20232022202220212020

11,609,113,149.509,484,797,722.8413,255,603,107.7214,260,532,858.188,032,466,746.344,036,767,899.563,109,036,849.133,724,115,165.874,280,010,033.092,464,213,675.74 20239301231

20222021

33,820,877,243.9231,940,807,710.1132,042,387,869.42 (i)(ii)(iii)(iv)(v)(vi)(vii)(viii)(ix)(x)(i)(ix)

50%

– 61 –

2021 14,260.577.5%

37.3%

202220217.0%

2023202222.4%11,609.12023

20211231202212312023930

54.44%2022932116202212312,997

– 62 –

3.1

3.2

65%

3.3

5,200,650,000

100%8,001,000,000

8,001,000,000

202432024

– 63 –

3.4

(i)(ii) (iv)(iii)

(iv)

(v)

(vi) 3

(i)(v)(vi)

– 64 –

3.5

52024123120251231202612312027123120281231

20252026202720282029

(LPR)

3.6

– 65 –

3.7

1. 20242025202620272028

1.5503623.4843823.607341

3.4835094.774364

– 66 –

= ABA =

B =

5. 0

– 67 –

Kroll

3.8

(30)

– 68 –

4.1

20173

(%)

5,171,530,000.00651,815,510,000.0022.8969,160,000.0012.2202112312022123120231031

101231

2023103120222021

497,676,436.23383,429,296.691,608,508.66(170,389,285.85)(320,620,036.30)(2,040,806.13)(170,389,285.85)(320,620,036.30)(2,040,806.13)14,532,508,003.1615,440,257,154.8915,979,016,253.37(7,069,474,937.52)(8,298,363,803.40)(8,916,503,865.58)7,463,033,065.647,141,893,351.497,062,512,387.7920222021138.4%20211230202310312022

– 69 –

2022320.62022 20222023103120222023103120231031202120222023103110

– 70 –

4.2

– 71 –

43.9

202112301216202125202112204612202111

202218

C.– (II)3.5.

(i)(ii)

(iii)

– 72 –

C.– (V)20222017

– 73 –

Kroll

20231031102023110

1.70420222.49

4.9774.437

20232027

– 74 –

6.1

2022201320228.5%2022

– 75 –

6.2

(i)

(ii)

(iii)

– 76 –

7.1

(i)(ii)

AAH100

7.2

(i)

(ii)(iii)

2022(iv)(i)(ii)(iii)20232046

– 77 –

20242025

20236202420232024

50%-60%202471

202720312032

6.6%3.3%

1.3%22.8%

20272032GDP

– 78 –

(i)COVID-192022

20231060%(ii) 202420252026

49.2%30.6%14.9%(iii)2024-20466.5%

(iv) 202720312032

2.5%1.3%22.2%

Kroll100%202310318,130,000,00065%5,284,500,0005,200,650,0001.59%

– 79 –

8.1

Kroll(i) Kroll(ii)KrollKroll (i)

(ii)

8.2

Kroll

– 80 –

Kroll

8.3

Kroll

APVAPVNPVAPV

APVAPVKrollAPV(1)(2)2042KrollAPV

– 81 –

Kroll

WACCAPV

CAPMCAPMBetaBeta(1)

(ii)

Kroll(i)5%Black Scholes

(ii)

9.1

202310311.0%5,200.72023103165%4,851.0

– 82 –

9.2

2023103110

20231-101.7020222.49

4.984.44

2.241

20220.27

9.3

20232023930

49.17%20231031(i)20231031(ii)

52.94%

9.4

20231031(i)20231031(ii) 34.28

– 83 –

5,200,650,00020231231200

2021123120221231

57.0355.232023930

496.975

42.2520241202412

10.

(i) 5.

– 84 –

(ii)(iii) 8.5,200,650,000(iv) 3.7

(v) 9.

202436

– I-1 –

Kroll (HK) Limited

180598

100%

20231229

100%20231031 65.0%

– I-2 –

65.0%

– I-3 –

20231220232046

2017314

43.9

22.4321.47

2021123020211216(2021)61

202112204612

– I-4 –

2020123120211231202212312023103110

202020212022

20231–10–1,609383,429497,676–(1,506)(413,006)(443,737)–103(29,577)53,939EBIT(184)(2,721)(29,848)53,691

(184)(2,041)(320,620)(170,389)56,815752,201591,992589,58610,341,23515,226,81514,848,26513,942,92221,7972,114,9481,020,040892,1004,151,0006,801,5567,278,3256,177,3756,225,2537,062,5127,141,8927,463,033

2021123020223.8

20224.120222022

0.33.2

202112311547113820231105.0EBIT0.5

1.72023103114575

– I-5 –

(GDP)

EIU20231012

2025-28

20241.9%20232025-281.8%3%EIU

EIUEIU

20237.0812024

7.0917.03120237.221

– I-6 –

2023117(Fitch Ratings)

2023

1020231716202246.2%201952.2%102022201912.8%11.1%12Covid-19

1721512221201970%

– I-7 –

? 202020212022123120231031

???

??????

– I-8 –

??????

– I-9 –

(APV)(NPV)

(1)(2)20420

– I-10 –

=++--

======2023-2046204612

WACCAPV

(CAPM)CAPMCAPM

1.2.

– I-11 –

20231031

1 576 HK23,917.67

2 107 HK10,534.45

3 737 HK3,860.97

4 995 HK15,290.17

– I-12 –

20231031

5 548 HK18,367.61

6 177 HK45,720.04

7 1052 HK6,320.07

– I-13 –

Ke = Rf+(ERP)+

Ke=Rf== 3.01%

2053== 0.30

ERP== 6.71%(Rm)

(Rf)

CSR== 2.00%CAPM

2.0%

7.0%

– I-14 –

1231

20232024202520262027202820292030

575,631857,5141,119,4681,286,7521,254,6061,477,3761,802,4772,015,229(536,703)(459,671)(546,882)(601,645)(642,771)(710,251)(814,600)(828,258)(EBIT)38,928397,843572,586685,107611,835767,125987,8771,186,971

–––(123,723)(109,258)(153,782)(215,168)(270,018)(224,429)173,015370,923371,169327,774461,346645,504810,0532031203220332035203620452046

1,989,5871,548,1281,617,9911,754,5962,110,3672,456,7802,462,239(825,088)(650,026)(676,883)(729,011)(1,226,034)(1,007,807)(1,020,197)(EBIT)1,164,499898,102941,1081,025,585884,3331,448,9721,442,042

(268,013)(203,508)(216,536)(242,179)(209,338)(362,243)(360,510)

804,039610,523649,607726,537628,0131,086,7291,081,531

– I-15 –

202320242025202620272028202929,69347,37362,65672,18769,79881,36599,787

60%32%15%-3%17%23%

2031203220332035203620452046110,18285,04689,16296,754116,383136,129137,208-1%-23%5%4%20%1%1%

20235.8204624.66.52%20248.6(1)2024(2)20236

(3)2024

202612.9202712.520282031202814.8202918.02031

19.9203215.52036203517.52036

21.1

– I-16 –

20235.4204610.2

6.5%202320262%~3%20264%~6%203623%202368%202442%204630%

2007[2007]3925%

202420462023

– I-17 –

APV

2023202420252026202720282029(263,370)(224,828)(201,663)(190,215)(174,803)(151,997)(127,204)

2031203220332040204120422043(92,448)(84,072)(74,966)(6,729)(1,484)––25%

2.53%

APV7.0%

153.1

DLOM

– I-18 –

DLOM

5.0%DLOM DLOM5%DLOM

5%DLOM

5.3 0.50.10.1

69.66

15,306,4115%(765,321)

551,890

(6,966,345)8,130,000

Kroll

– I-19 –

(1)(2)DLOM?

6.00%6.50%7.00%7.50%8.00%

9,580,0008,830,0008,130,0007,470,0006,860,000? DLOM

DLOM 2.50%5.00%7.50%

8,510,0008,130,0007,740,000

DLOM

100%8,130,000,000

– I-20 –

Kroll (HK) Limited

KrollKrollKroll

Kroll

– II-1 –

Kroll (HK) Limited202310312024221

14.61

– II-2 –

14.60A (2)

3000

– II-3 –

14.60A(2)

2024221

– III-1 –

20241292024221

65%

Kroll (HK) Limited

2024221

14.61

2024221

– III-2 –

14.60A(3)

2024221

– IV-1 –

– IV-2 –

1 ...... IV-5

1.1 ......................................................IV-5

1.2 ......................................................IV-6

1.3 ......................................................IV-8

1.4 ......................................................IV-9

2 ...... IV-11

2.1 ..................................................IV-11

2.1.1 .................................................IV-11

2.1.2 ...............................................IV-13

2.1.3 .............................................IV-16

2.2 ................................................IV-18

2.2.1 .............................................IV-18

2.2.2 ...........................................IV-20

2.2.3 .............................................IV-21

2.3 ..............................................IV-22

2.3.1 ......................................IV-22

2.3.2 ........................................IV-23

– IV-3 –

3 ...... IV-24

3.1 ......................................................IV-24

3.1.1 ...........................................IV-24

3.1.2 ......................................IV-27

3.2 ..................................................IV-27

3.2.1 .........................................IV-27

3.2.2 .............................................IV-32

3.2.3 .........................................IV-35

3.2.4 .........................................IV-37

3.2.5 .............................................IV-41

3.2.6 .........................................IV-42

3.2.7 .................................................IV-51

4 ...... IV-54

4.1 ..................................................IV-54

4.2 OD .............................................IV-54

4.3 ................................................IV-59

4.3.1 .............................................IV-59

4.3.2 .............................................IV-60

4.4 ..................................................IV-61

– IV-4 –

4.5 ..................................................IV-65

4.5.1 ...........................................IV-65

4.5.2 .........................................IV-67

4.6 ..................................................IV-73

4.6.1 ...........................................IV-73

4.6.2 .................................................IV-74

4.7 ..................................................IV-74

5 ...... IV-81

5.1 ..................................................IV-81

5.2 ..................................................IV-85

6 ...... IV-87

6.1 ..................................................IV-87

6.2 ..................................................IV-90

– IV-5 –

1.1

65%

1.1

– IV-6 –

1.2

201731420211230

(1)

43.9km

1.2

– IV-7 –

(2)

(3)

12034.5100

34.5

17.45I

JTGB01–2014

1–1

2120km/h100km/h

334.5m41/3001/100

50.1g6-I(4)

158.18

20241

– IV-8 –

(1)

(2)

(3)

1.3

2021126

[2021]61252021123020461229

– IV-9 –

202311120461229232

1.4

veh

pcu

(B45)

2023

ETCMTC

– IV-10 –

1–2

pcu/d

202331,61462,6668,9212023.11–1223,0508,7362,771202447,37393,4699,799202562,656122,02210,414202672,187140,25610,835202769,798136,75216,230202881,365161,03416,859202999,787196,47017,5722030111,679219,66018,2292031110,182216,86518,706203285,046168,74618,927203389,162176,36119,495203493,064184,02020,080203596,754191,25120,6812036116,383230,03059,9722037119,708235,89322,1072038122,813241,95822,7502039125,590247,36423,4042040127,991252,73524,0802041130,082256,11224,7602042131,910259,64625,4642043133,510262,73326,1812044134,896266,14526,9242045136,129267,78927,6762046137,208268,38428,443

– IV-11 –

2.1

2.1.1

20221.6veh/d2.1pcu/d; 20231–102.9veh/d3.3pcu/d

202220231–10202260%1

2–1

pcu/dveh/dveh/dveh/d202220,78416,29113,4852,80620231–1033,32729,27926,4852,794

60.35%79.72%96.40%-0.42%202220,59616,04613,2252,82220231–1032,98628,80625,9562,850

60.16%79.52%96.27%0.99%202220,02815,59612,8292,76720231–1031,71827,96125,3432,618

58.37%79.28%97.55%-5.39%202221,42117,08814,3242,76520231–1034,50730,81628,1642,652

61.09%80.33%96.63%-4.08% 5.1

– IV-12 –

202282.8%202390.5%199%126

0.0%

20.0%

40.0%

60.0%

80.0%

17.2%

82.8%

9.5%

90.5%

2022年2023年1-10

客車貨車

2.1

2–2\12342022100%99.33%0.17%0.15%0.35%20231–10100%99.07%0.17%0.27%0.49%

2–3\1234562022100%33.49%26.34%8.92%9.21%6.09%15.95%20231–10100%39.45%26.38%7.20%9.38%6.42%11.17%

– IV-13 –

2.1.2

42022

1.2veh/d20231–10

2.1veh/d74.5%88:1289.8%8.3%

2–4veh/d

2022112,29110,5211,7702023120,27118,7581,5142022217,20416,0461,1582023217,49515,1462,349202236,4434,4002,0432023319,85017,1462,704202243,6321,4912,1422023423,38420,8212,563202256,7264,0012,7252023522,03519,5822,4532022611,8079,3512,4562023619,06516,5412,5242022711,3808,9882,3922023719,07816,5832,4952022815,59413,1242,4692023820,60918,1012,5082022915,69913,0932,6062023919,98217,4622,52020221018,02415,6142,41020231024,56722,0782,48920221113,31310,6032,71120221212,88410,2612,623

12,0529,7522,29920,66318,2522,411

– IV-14 –

5,000

2201220222032204220522062207220822092210221122122301230223032304230523062307230823092310

合計客車貨車

2.2veh/d

7000veh/d

2–5veh/d

202211,6374,7043,5632,386202222,7997,6964,2692,440202239631,7242,872885202241336132,723163202251142,5032,7271,383202268924,3213,8042,790202278652,3953,8554,265202281,5814,6564,0605,296202291,5354,9953,7085,4612022101,9625,8034,5795,6802022111,3524,2153,2494,4972022121,3084,0793,1444,352

1,2523,9493,5423,308

– IV-15 –

202312,1757,3174,2416,539202321,7256,0123,7715,987202332,2177,4644,0586,111202342,8468,2634,9387,337202352,4377,6204,9167,063202362,1926,7344,0826,057202372,0866,4794,5106,003202382,3317,1484,6936,437202392,6586,5034,0976,7232023102,7348,5876,5016,745

2,3447,2254,5916,503

100020003000400050006000700080009000

2201220222032204220522062207220822092210221122122301230223032304230523062307230823092310

軍嶂站馬山站太湖灣站運村站

2.3veh/d

– IV-16 –

2.1.3

320212017

2–6pcu/d

2017152,17451,573203,7462018159,98254,425214,4072019167,87655,904223,7802020194,26665,558259,8252021187,45366,859254,3122022152,34564,13821,421237,9042023193,94271,23334,507299,682

2021220231–10

– IV-17 –

20172020~20222017~2023

6.6%4.1%5.5%

60km/h

10%

2–7%

201776.6123.3918.546.2758.0617.12201877.0922.9118.546.2258.5416.69201977.2422.7618.406.0958.8416.68202076.8923.1118.425.9458.4717.17202173.4326.5718.206.9555.2419.62202270.1829.8216.468.259.591.8544.1319.71202378.3321.6716.835.4513.101.2348.4014.99

90%75~80%

– IV-18 –

2.2

2.2.1

[2021]61

2–8

1≤91264.5210–192264.53≤39334≥4044

2–9\1234123456

0.5500.8251.1001.1000.4500.9771.3501.8051.8432.200456090905010516520021024055101051020252530

2. 1–4

11.5221–612.1734.014.104.89

– IV-19 –

[2021]629ETCS58

305253070%3030%

2–10

3030

1515

22.512.5

7.517.5

4545

– IV-20 –

2.2.2

20224.1720231–105.39

52.3%202387000

20221202310101.71520207720.497368:32

2–11

2022158,434,8711,229,8735159,664,7942022228,053,459622,0531628,675,5282022322,905,733484,9552,09023,392,7782022417,332,97424,525017,357,4992022521,856,169281,7289722,137,9942022651,450,352848,04076152,299,1532022729,813,597539,7633,07330,356,4322022845,329,694908,4831,29446,239,4702022945,891,958999,5959046,891,64320221026,217,269784,16327727,001,70920221130,835,082985,82559731,821,50420221230,373,393846,008031,219,4002023162,683,022795,2936363,478,3772023256,456,7071,052,143057,508,8492023348,210,8211,394,343049,605,1632023445,184,3981,260,04328546,444,7262023543,299,2021,215,3158844,514,6052023646,703,5441,351,3259048,054,9592023756,848,1441,301,925658,150,0752023869,620,8891,376,428070,997,3162023957,318,7141,264,30059958,583,61220231040,758,2861,200,2733541,958,5942022408,494,5508,555,0088,346417,057,90420231–10527,083,72812,211,3851,164539,296,277

– IV-21 –

2.2.3

2023

202261.2%202377.2%1

2–12 202220231–10

202220231–10\

25,53461.22%41,64177.21%

830.20%1300.24%

880.21%2650.49%2430.58%5371.00%2,2035.28%2,1664.02%3,3017.92%2,4964.63%1,8214.37%1,0651.97%2,1765.22%1,7303.21%1,6143.87%1,4432.68%4,65611.16%2,4674.57%-14-0.03%-10-0.02%

41,705100.00%53,930100.00%

2. 1

– IV-22 –

2–13\202210,1173,06428,52441,706

24.26%7.35%68.39%100.00%20231–1013,3953,80436,73153,930

24.84%7.05%68.11%100.00%

2.3

2.3.1

14,384.87202220231–108,184.656,150.50

2–14

202120222023

49.728,184.656,150.50

– IV-23 –

2.3.2

2,462.6517.12%

1,401.149.74%

10,521.0873.14%

60.85%19.89%5.19%5.49%5.62%97%

2–15\202120222023

49.728,184.656,150.5014,384.87

100.00%100.00%100.00%100.00%

0.001,614.56848.092,462.65

0.00%19.73%13.79%17.12%

9.40927.56464.181,401.14

18.91%11.33%7.55%9.74%

40.325,642.534,838.2310,521.08

81.09%68.94%78.66%73.14%

– IV-24 –

3.1

3.1.1

20104

收集並檢驗歷史交通數據

收集並檢驗歷史經濟社會指標

收集並檢驗發展目標數據

收集並檢驗未來路網發展彈性系數分析未來指標增長率

未來路網建設規劃

的假設基年出行矩陣未來交通增長系數

弗伯特法增長系數模型

基年路網未來出行矩陣未來路網

平衡分配模型誘培或壓抑交通評估更新出行矩陣平衡分配模型研究流贅分配內插法得到完整預測年的交通

是

否

3.1

– IV-25 –

(1)

(2)

– IV-26 –

(1)

(2)

– IV-27 –

3.1.2

CaliperTransCAD

3.2

3.2.1

GDP

– IV-28 –

3.2.1.1

GDP

20172023GDP

3–1GDP%\2017201820192020202120222023

7.47.46.73.78.83.05.8

7.16.85.63.48.72.04.5

8.17.06.84.59.13.56.1

8.18.07.84.67.52.15.6

7.23.15.83.59.42.96.4

8.06.96.53.98.83.66.0

7.25.56.13.58.93.58.6

7.06.86.01.78.1-0.29.7

7.87.16.83.68.53.16.3

8.58.07.53.98.33.56.1

7.46.45.53.68.33.96.2

– IV-29 –

3.2.1.2

GDP

5.5%20352020

3–2GDP%

5.56.0

6.06.7

6.05.0

5.56.0

6.56.5

6.05.5

GDP

– IV-30 –

257%13107%4%

– IV-31 –

203520202020GDP2035GDP2020

2.1~2.152021–20238.6%2.8%

5.8%2024–20256%104.9%

2026–2035GDP0.2%GDP

2036GDP2–3%2036-20460.1%3.0%GDP

GDP

3–3GDP%\2024~20252026~20302031~20352036~20402041~2046

6.05.44.43.63.0

5.85.34.33.52.9

5.55.04.23.42.8

6.55.84.63.83.2

5.65.14.33.52.9

6.15.54.54.13.4

6.76.05.04.23.6

5.04.63.83.22.8

5.64.94.03.32.8

6.35.64.63.93.4

5.95.44.53.72.9

– IV-32 –

3.2.2

GVr = GDPr * eGVPVr = GDPr * ePVGVrGVr = (GVt – GVt-1)/GVt-1

PVrPVr = (PVt – PVt-1)/PVt-1

GDPrGDPeGV

ePV

GDP

GVGVGDPGDP

GV



PVPVGDPGDP

PV



– IV-33 –

GDP

Traffic= A * GDP

B (1)TrafficGDPAB

(1)(2)

ln(Traffic) = ln(A) + B* ln(GDP) (2)

TrafficTraffic)(





GDP

GDPTraffic

Traffic

)(





1.0

– IV-34 –

3–4\2024~20252026~20302031~20352036~20402041~2046

1.161.030.910.810.72

1.141.010.890.790.71

1.171.050.930.830.73

1.151.020.900.800.72

1.201.060.930.830.74

1.221.070.960.850.76

1.251.110.980.870.78

1.120.990.870.770.70

1.211.080.960.840.75

1.271.130.990.890.79

1.181.050.930.830.73

3–5\2024~20252026~20302031~20352036~20402041~2046

0.880.760.660.580.51

0.860.750.650.570.50

0.930.790.670.590.52

0.880.760.660.580.51

1.020.890.760.640.56

1.090.930.790.670.58

1.110.940.810.690.60

0.840.730.630.560.48

1.070.910.770.660.57

1.130.950.820.700.61

0.900.770.670.590.53

– IV-35 –

3.2.3

2014JTGB01–2014

3–6

12010080v/Cpcu/h/lnpcu/h/lnpcu/h/lnv/C≤0.35750730700

0.35<v/C≤0.55120011501100

0.55<v/C≤0.75165016001500

0.75<v/C≤0.90198018501800

0.90<v/C≤1.00220021002000v/C>1.000~22000~21000~2000

v/C

– IV-36 –

veh/(h*ln)C

pcu/(h*ln)120100km/h22002100pcu/(h*ln)

rdHVNpCCfff





)

1(1

iiHV

EPf

0.980.99

0.9511

0.98

– IV-37 –

C=C

*N/K/D

C pcu/dN 234K 0.75~0.850.80D 0.52

3–7pcu/d

\120 km/h210,000160,000110,000100 km/h200,000150,000100,000

3.2.4

20172021

– IV-38 –

3–8

20172021\

1,499.72105.652,012.75152.497.6%9.6%

328.1730.81429.3933.587.0%2.2%

605.7999.79916.98140.1610.9%8.9%1,266.84124.531,744.44172.668.3%8.5%1,711.66210.722,409.1318.138.9%10.8%18,469.542,338.8526,015.843,258.748.9%8.6%

3–9\20172018201920202021

201.56207.25211.19216.03222.642.5%

149.03161.42172.24180.87189.466.2%

49.5653.7856.9359.6462.325.9%

104.76113.41120.81126.68132.916.1%

301.54329.72350.49369.22390.946.7%

806.45865.58911.66952.44998.275.5%

180%

– IV-39 –

2010269.75202195.889%

– IV-40 –

3–10

12342023100.00%99.09%0.16%0.26%0.48%2030100.00%99.22%0.14%0.23%0.41%2035100.00%99.30%0.13%0.20%0.37%2040100.00%99.39%0.12%0.17%0.32%2046100.00%99.50%0.10%0.14%0.26%

3–111234562023100.00%39.47%26.38%7.20%9.38%6.39%11.18%2030100.00%40.54%26.50%6.42%8.66%6.13%11.75%2035100.00%41.30%26.57%5.86%8.14%5.94%12.19%2040100.00%42.07%26.67%5.29%7.63%5.73%12.61%2046100.00%43.00%26.76%4.62%7.02%5.48%13.12%

– IV-41 –

3.2.5

VOTLVOCTPKFTVLT

TLVFTFix TollTPKToll Per KMVOCVehicle operating costsVOTValues ofTime

Traffic Assignment ManualBureau of Public RoadsBPRBPR













max

qtt

cur

tcurh

– IV-42 –

qpcu/d

qmaxpcu/d

0.1541

3.2.6

2022

20357100

– IV-43 –

3.2

20222023

105,1351,228686542203571007800

– IV-44 –

3–12

12023–2026

22024–2027

2023–2027

2027–203152024–2027

2036

– IV-45 –

20232026

20242027202820236202711532023620247

32024320255

20272031

– IV-46 –

28.9

8.5

20242027

20222036

3.3

– IV-47 –

3–13

12024–2026

– IV-48 –

3.3

10%

– IV-49 –

2016–20352021–2035

2021–2035

– IV-50 –

3.4

2036

– IV-51 –

3.2.7

(1)

(2) 2025

2021

0.550.45

– IV-52 –

(3) 2030

0.550.65~0.7

0.45

0.650.55

(4) 2030

0.750.55

– IV-53 –

20231231

2024

– IV-54 –

4.1

1. OD

2.3.

4. OD

5. UE

4.2 OD

1554

– IV-55 –

4–1

102211231224

2. OD

OD20238

– IV-56 –

4–22023ODpcu/d

O\D12345678910111213141516171819202122232411,9062,4482,35897522824376632,5231612011,71922925516739289437543884114083677322,6332129000000001,9571001069925901190737106132,25511854168922225209451,8891741762,982120535115928432229734964787841,1620974400002005,197782479558698038104,679006455225021500000000776118496116403900310007622025000000007916692505002400074360268000200001,68323311113210106008840027488005600000000291412323380300146001992,57602,0061000010006,8531,1434566521,704274220823,1961501,01710168019000000010572110405614603620322003611219018000000000665108515217604730285001121,9122,0063,4314,239819831,4782396,96357565182004441,9863,3121,2892,60608973,9331681316829659512417190341,09196101310034221121034751291411810577359667104194864253000051421113409383201560925543978111262071057550001

393041290638124

161422781404691452654261,66713117231127352570000343047114117430034000002002,0503548381100086800351189692557233663272931453,4211117002006980746811949352310000180222,101135000001810038920495035000004002,8423043410000076200514219357849963,284504308031203,27731431800004698768525268023603,33942221820100000013001,329311100000057600745238560670000000003,377502342357466074202,5680054424919671,095451100281161,23251187144101815040780827456347025502

– IV-57 –

4–22023ODpcu/d

O\D12345678910111213141516171819202122232414,3806191,0984242584194352,0401251013,44982301221042666121002981,3244869681,2622683062000000007135291717401420635004231,234691921657010133341,8481971521,9729358911022936189477296231,64644870262000000001,20422923618210509002,1500027352530840000000037459644710001000486004650140000000015654702001200073040188000000007681701421276301007620034284702900000000168532420300200132003092,37201,945000000004,4331,12670587281317065612,8786311,544101680221000000004071461111319002810315104211970186000000002199155549502620139000122,8787062,0821,111414245891424,17137022711001481,2392,13117389301,6422,9472191365380184565120441,046145861300253010110767513414215806816564410714659875700004449601801264527151007292145403919809103500000

2646221401547459

161358213211512874238905106101176326548130000232035317017345058000001001,26363897110000666008711869322397920176229272,013133000002470382,1451915211200000561134500100000420056520427016000001008551734210000048600764211,0343184861,645494115351042,7382921330000241510259841316535,38574224500240000024001,51063600000645003,228239440634000001002,264556486482332034103,73901361241,396301,811203110366181,5943701101387141327832,186263822143,0066990

– IV-58 –

4–22023ODpcu/d

O\D12345678910111213141516171819202122232416,2863,0673,4561,39948628570984,5632863025,167303221772706581,5064747362,1656261,8042,03523,3162191000000002,6701531981703330251101,3721010333,48918873385529236342793,7373713294,955213111142261577940371,211371,2702,52441,64901,235400002006,4001,011715741803047106,8290091854780299000000001,14917711210826504800796001162803900000000942210133107003600077400456100200002,45140225325816407001,64700616812808500000000459944744680500278004994,94803,95010000100011,2862,2681,1611,5242,51731,44926436,0747812,562103360411000000109792561511872370643063710781131503650000000088519910610727107350424001124,7902,7125,5145,3501,2331072,06738211,13494587892005923,2255,4421,4623,49802,5396,880387132213517677918023310782,1372421874500595221320101,1502621433218614552413111211341,14512911000009591181520221,028471516016314658411914217291,5191601050001

6477634302185583

162773592725842733395642,5712372734875910173201000575082431117775092000003003,31397137109110001,534001,222181,662479630447331,49160725,43421590020094501122,8261964563510000236222,446246000002230195420922050000005003,696487762000001,248001,278211,9701,1011,4834,929998411,3382246,01560645210007101,3861,112601,09231,0138,725116226311340000037002,83991416000001,221003,972231,80001,304000001005,6411,0588298397990107306,30701904242,316982,907654210646342,82688119728316322831,1912,9945381,386183,7081,2482

– IV-59 –

4.3

4.3.1

TransCADUE

現場考察及項目諮詢收焦最新OD及流屈資料收集基年全省路網數據收集中國公路設計規範分析OD及流機統計數據

修正、標定基年研究路網

推尋交通延誤函數關系修正OD並翻新得到基年初步OD矩陣

標定交通延誤關系的

基年路網平衡交通分配檢查路徑與流量結果是否合理?調整基年路網修正基年OD矩陣建立新的基年OD矩陣

平衡交通分配檢查路徑及流量結果是否接受?最終確定基年路網基年路網分配模型

否

是

4.1

– IV-60 –

4.3.2

2023

4–3pcu/d

->33,67432,687-2.93%->A34,50735,8153.79%A->31,71831,522-0.62%->35,06435,9092.41%->36,95335,565-3.76%->32,00332,5541.72%

– IV-61 –

4.4

4–42024~20252026~20302031~20352036~20402041~2046

16.96%5.56%4.00%2.90%2.17%

26.96%5.56%4.00%2.90%2.17%

36.96%5.56%4.00%2.90%2.17%

47.48%5.90%4.12%3.04%2.30%

57.48%5.90%4.12%3.04%2.30%

67.48%5.90%4.12%3.04%2.30%

76.72%5.43%3.96%2.94%2.18%

86.72%5.43%3.96%2.94%2.18%

96.44%5.27%3.87%2.86%2.08%

106.44%5.27%3.87%2.86%2.08%

116.44%5.27%3.87%2.86%2.08%

126.61%5.31%3.83%2.80%2.09%

136.61%5.31%3.83%2.80%2.09%

146.61%5.31%3.83%2.80%2.09%

156.61%5.31%3.83%2.80%2.09%

167.44%5.86%4.29%3.46%2.57%

177.44%5.86%4.29%3.46%2.57%

187.44%5.86%4.29%3.46%2.57%

198.31%6.68%4.87%3.65%2.81%

208.31%6.68%4.87%3.65%2.81%

215.60%4.53%3.32%2.46%1.94%

226.78%5.33%3.80%2.77%2.11%

238.00%6.30%4.57%3.45%2.71%

246.96%5.63%4.15%3.05%2.14%

– IV-62 –

4 52024~20252026~20302031~20352036~20402041~2046

15.28%4.10%2.90%2.08%1.53%

25.28%4.10%2.90%2.08%1.53%

35.28%4.10%2.90%2.08%1.53%

45.72%4.39%3.02%2.20%1.63%

55.72%4.39%3.02%2.20%1.63%

65.72%4.39%3.02%2.20%1.63%

75.71%4.56%3.24%2.27%1.65%

85.71%4.56%3.24%2.27%1.65%

95.12%3.97%2.79%2.03%1.48%

105.12%3.97%2.79%2.03%1.48%

115.12%3.97%2.79%2.03%1.48%

124.99%3.94%2.79%2.02%1.47%

134.99%3.94%2.79%2.02%1.47%

144.99%3.94%2.79%2.02%1.47%

154.99%3.94%2.79%2.02%1.47%

166.65%5.10%3.53%2.72%1.96%

176.65%5.10%3.53%2.72%1.96%

186.65%5.10%3.53%2.72%1.96%

197.38%5.66%4.03%2.89%2.16%

207.38%5.66%4.03%2.89%2.16%

214.20%3.34%2.41%1.79%1.33%

225.99%4.49%3.05%2.18%1.60%

237.12%5.30%3.79%2.72%2.09%

245.31%4.13%2.99%2.17%1.55%

– IV-63 –

2023

4 6

(pcu/d)(pcu/d)119,20818,00618,80518,50526,0146,1052,0532,441313,66012,0989,8169,288411,53015,2204,1655,13752,2341,9651,5441,4796229212706973,6274,1302,1772,8688586722439535920,77820,58516,65617,516101,6351,6801,4921,662111,7771,7889359651238,30437,04222,25922,108133,5383,1332,8502,713141,9711,9902,4082,324152,2502,2182,3682,152165,2994,6102,5452,880173,7893,8582,9553,429186,9306,8206,0656,039192,2403,3876271,176204,4024,7672,4782,6212118,16318,03815,38215,336222,1412,8805,9175,8972311,0919,75812,8099,834247,4607,84313,80113,641

188,858188,858150,615150,615

20252030203520402046

– IV-64 –

4–7(pcu/d)

20252030203520402046

142,81841,11054,29352,07864,46261,79373,03169,97181,69678,24029,1579,69011,80412,46114,19014,95416,22517,07818,30419,244326,50824,13533,79230,72840,28336,59845,77641,56051,35046,593417,97523,32023,51130,52128,40936,89832,69042,47337,13448,26554,3073,9225,5775,0716,6906,0767,6556,9478,6517,844634432345042354551162858971466976,5647,9098,42210,13110,10112,13611,54213,85112,99915,58381,1581,4201,4831,8171,7752,1762,0252,4822,2762,791941,94142,67452,78853,65362,44263,41670,71671,77378,90280,042103,5013,7404,3974,6915,1935,5345,8736,2546,5466,966113,0463,0913,8583,9134,5874,6505,2155,2855,8395,9161268,07366,47086,17884,097102,23299,726115,890113,015129,706126,457137,1636,5529,0228,24210,6629,73112,05110,99113,45112,260144,8954,8236,1236,0377,1987,1028,1057,9999,0128,898155,1684,8946,4806,1447,6327,2448,6058,1749,5829,108169,0128,59711,84611,27314,45013,72016,94416,05519,52818,464177,7358,35410,12610,92112,30113,25114,36715,45916,49317,7271814,89814,74219,48219,27423,64123,38627,58527,28431,63531,287193,3515,3304,5857,2765,7689,1386,84910,8368,02912,684208,0228,61410,90011,70513,63814,64616,11517,30818,79620,1912136,95636,76644,97144,73251,94651,66857,86057,54663,95763,608229,0889,90811,44512,51213,43514,72315,08816,56616,74018,4192327,63422,66636,59130,05944,87936,91652,22843,01360,20949,6482423,83924,10329,95530,31935,45335,91740,14440,69744,65145,294

– IV-65 –

4.5

4.5.1

ODODODOD

1. OD

OD(Fratar)ODFRATAR

()

ijoijji

ajj

oaj

pii

opi

opiin

oijjj

oajjn

oiji

iLiLj

QQGF

QQF















oij

– IV-66 –

ajQ

oajQ

opi

jiODOD2.

– IV-67 –

4.5.2

– IV-68 –

4–82025ODpcu/d

O\D12345678910111213141516171819202122232416,9383,5514,1501,463601356951195,4243553514,935253491733138151,8784649891,9936362,5522,30923,8132252000000003,147170220198458060501,2541011033,6611968371,05136146411764,1554173905,4521891461512959310424511,440331,7742,78142,18701,440500102007,8071,233779893936048107,0630092355250340000000001,242197134126302049009870020631043000000001102612153708004100078190529000200002,77145128830514004001,7610083881410123000000005141144741950400296004495,38504,75220000120012,2662,5541,2851,7543,11131,80118266,5064023,012103530493000000101,0873021511933000762068500981135304150000000095922212212032708620485001125,7632,8895,9555,7361,4611182,32843012,5011,04599795005573,5196,2031,7794,00612,8918,082198133115223583220725351812,306251206250062952148081,3922621435120913062613912235431,2571571170000113142173820141,160161518617316162512915231391,5901881140001

79109104630151,13230

1629935731171433438154632,765251303611661006923100072001,13528317873081000004003,99570115100110001,686001,427181,8102910245669751,72974896,1052217002001,22501653,249199312185200005156102,681226000001080895420987053000004004,380436656000001,343001,679212,3731,4591,4306,014994441,5372566,61066846900006461,6011,0601591,32931,2228,878182283315300000103103,154132827000001,236004,457231,80401,369000001006,4241,1659788378450115107,999011,127242,3721163,170860150611482,96687142130952953721,3573,3727251,4481244,2271,3542

– IV-69 –

4–92030ODpcu/d

O\D12345678910111213141516171819202122232418,4814,7325,2182,021811479381597,0314634585,707283991993911,1252,5226591,4142,1988423,5622,67425,0653344000000003,955214274248621087801,5032013834,6112691,0841,497501645711045,5505605256,49622517217938013214435761,636452,5523,31843,02702,0508002020010,2201,6141,0101,1621,323073208,817001,21157090472000000001,589252170160417072001,20400266420600000000014133151952012005100071,1060735000400003,54157636538719307002,146001,072819001690000000065314559521300700358005696,99506,35030000160015,0713,1371,5632,1414,12752,57127497,6245623,707104590661000000201,34137218523639901082080500121114620558000000001,186274150148437012420572001126,6933,6587,1147,5311,8711512,98254815,3951,2941,236105006614,6187,9182,4005,44313,63710,71821813361922801,088264324471032,82930925426007312432650111,8382871440226215481117615297541,52719214300001321842141090171,519171521421719081316419293491,9392301390001

92142125850191,48733

163734874001,00846053213873,662334404722781178129100081101,619335171,2100116000006005,23592149130220002,107001,873182,443431426998141172,4751061287,7953269004001,49102554,155191,31332123300007708153,575328000001370121,275201,418079000006005,952598976000001,740002,285212,6251,7591,6287,5221,213541,8763107,75678855400007302,0011,2892051,72031,46411,21719221,11127300000146203,978173534000001,486005,629232,53801,981000001008,5471,5491,2881,1061,21401771010,150021,502242,7731483,8131,137190788613,6771081466342571044441,7924,3329851,9801315,3531,8072

– IV-70 –

4–102035ODpcu/d

O\D12345678910111213141516171819202122232419,7715,8076,1322,529997581,1611968,4595595556,340324402194581,4143,1068481,8272,3651,0194,5182,98426,2035430000000004,67025232029177301141001,7202016435,4223381,3001,912630817221316,8166906497,366255194202454169181461001,797553,3043,78143,79102,62011003030012,3451,9481,2101,3961,6850982010,316001,46958730593000000001,887299201189522095001,38500316520750000000016839172365015005800071,3700929000500004,23068743246024309002,483001,287823402130000000077617269611630900413006798,42707,80340000200017,5083,6421,8012,4755,05673,310369128,5797134,327105550814000000201,56143321327449001403090800142115600689000000001,385320174172539016030647002127,4574,3418,0859,1152,2261803,57065317,9131,5121,447115007485,6139,4282,9876,80114,25613,14623613392273171,312312385331223,28036029726008315032800122,2473091444430717397220718352641,75922316500001482222551350201,844181523625621497719423348582,2392671620001

1041711471060221,81035

164376074771,282575662681084,478410497815881319134200088702,087379171,5230149000008006,355111179157230002,477002,285183,01756179931291914103,1931371669,28343111005001,72103464,973191,68044160300001,02911204,412339000001640171,581201,8380104000008007,4397411195000002,106002,870212,8312,0211,7908,8131,397622,1743588,73689162800008012,3551,4862472,08131,65913,31820221,35129000000185204,667204040000001,689006,635233,23602,5760000020010,5091,9031,5711,3531,57402422012,088031,856243,1161784,3691,387230952744,3141282505370611125072,1965,2021,2362,4951376,3182,2353

– IV-71 –

4–112040ODpcu/d

O\D123456789101112131415161718192021222324110,7606,7366,8652,9831,160671,3572289,6706416376,787344692345191,6943,6591,0252,2122,4801,1715,3813,20727,1816506000000005,25628435932792001421301,8963018636,0733981,4812,293745968581567,9258057588,021278210220523206217571231,916654,0024,13244,47403,14314003040014,1622,2381,3821,5992,04301233011,592001,69251,0170702000000002,1363382262136250118001,53600366600890000000019044192677019006500071,60201,105000600004,808782489522292011002,765001,4688272025200000000878195786919401100457007699,64209,07740000240019,4754,0561,9952,7485,94384,052463159,3478544,830106360949000000201,74048423730557701724099100158116430805000000001,548358193191636019740708002128,0014,9078,82010,4732,5222044,06574119,9541,6901,619126008256,55110,8223,5158,02314,76615,25624713422563451,506354436071383,65040233126009117543950142,605323144733451871,11023321398721,94824718400001622572851590222,12719152532882331,11821926394652,4842981810001

1141991781240252,09237

164947225481,551687793211305,2534835858969714310040200095402,551418171,82601820000010007,410130208183340002,829002,674183,562702151171612318123,91316920410,65543512006001,93404425,729192,01956196500001,28414255,1554411000001880221,854202,23101290000010008,77687130112000002,434003,398212,9742,2361,9129,9121,550692,4233989,52697568800008642,6911,6692842,40331,81815,13120221,559310600000222305,235224545000001,855007,470233,87103,1320000020012,2192,2161,8191,5701,93403092013,766042,166243,3642024,7961,6042601,091844,8361442530389641175622,5806,0091,4642,9621417,1192,6103

– IV-72 –

4–122046ODpcu/d

O\D123456789101112131415161718192021222324111,6947,6967,5843,4631,329771,56026210,8757237197,183364942485771,9924,2361,2212,6412,5831,3306,3333,38728,1927587000000005,8393163973621,07401721602,0733020636,7104631,6632,7078681121,0031819,0619238708,630299225236591247255691492,030754,7884,43745,19803,71217004040016,0232,5361,5571,8062,42901534012,909001,91051,1660819000000002,3853792512387330145001,688004066901030000000021250222991024007100071,84301,292000700005,386878545584344013003,049001,64183110293000000009792178677228013005020085910,854010,38650000280021,3484,4542,1783,0086,847104,8585711810,08510045,2841071701,087000000301,9115322593346660206501,07200174117260925000000001,703394212210735023750766002128,4865,4719,50911,8662,8212284,56182821,8981,8611,784126008967,51712,2264,0889,34515,28517,52125413452853721,705395496811544,004443365270099200431100152,990332144993832011,25025923444802,12527120200001752933261840252,42919152673202501,26224429441732,7163261980001

1232271991440272,39438

165488436191,840804933771526,0375576759691051541084530001,01603,068452172,15002180000012008,493149238209450003,192003,058184,132862531461972822154,69620324612,03553914008002,15005556,456192,39569236600001,57618315,9544413000002140292,136202,669015700000130010,226102151130000002,792003,951213,1032,4532,02811,0491,705762,67543810,2851,05774600009233,0381,8553252,75431,98417,09520221,779412300000262305,815255050000002,029008,280234,57303,7610000030014,0572,5542,0841,8042,33803893015,589052,486243,5692255,1731,8182901,224945,3091582547403661216112,9616,7901,7033,4511437,8962,9993

– IV-73 –

4.6

4.6.1

TransCADUser Equilibrium

開始准備相應文件初始流量下的廣義運行費用最短路徑分配各OD對重新計算各路段廣義運行費用

輸出分配結果

目標函數是否收斂?

結束

否

是

4.2

– IV-74 –

4.6.2

3.2.6

4.7

4–13pcu/d

20232025203020352040204631,92562,444112,80398,165129,301138,54832,67563,338114,503100,703132,211141,66130,06658,397107,17290,743120,943129,56333,26062,300113,16498,417129,738138,89535,08470,852116,493102,678135,092144,62830,42364,803109,81494,321126,165135,63931,61462,656111,67996,754127,991137,20831,30662,593110,87395,637126,829135,98632,67563,338114,503100,703132,211141,66130,06658,397107,17290,743120,943129,563 2023204631,614pcu/d137,208pcu/d

6.6%

– IV-75 –

4–14

(veh/d)(pcu/d)202327,59369.4%31,61452.1%

2023.11–1219,17849.3%23,05037.1%202442,16052.8%47,37349.8%202556,93335.0%62,65632.3%202666,09516.1%72,18715.2%202763,847-3.4%69,798-3.3%202873,91515.8%81,36516.6%202990,91923.0%99,78722.6%2030101,96712.2%111,67911.9%2031100,805-1.1%110,182-1.3%203278,070-22.6%85,046-22.8%203382,0025.0%89,1624.8%203485,7284.5%93,0644.4%203589,2554.1%96,7544.0%2036106,89619.8%116,38320.3%

– IV-76 –

(veh/d)(pcu/d)2037110,0713.0%119,7082.9%2038113,0392.7%122,8132.6%2039115,7032.4%125,5902.3%2040118,0212.0%127,9911.9%2041120,0461.7%130,0821.6%2042121,8241.5%131,9101.4%2043123,3871.3%133,5101.2%2044124,7611.1%134,8961.0%2045125,9821.0%136,1290.9%2046127,0610.9%137,2080.8%

2024~2025

(1)

(2) 20236

20242023

(3) 20243

50~60%20247

(4)

– IV-77 –

4–15veh/d

1234123456202327,59324,57842671221,0987342012611793112023.11–1219,17816,2992745811,075719196256175305202442,16038,226631031861,418946254332228404202556,93352,576851382501,5441,026271356246441202666,09561,436971572861,6431,089283374259471202763,84759,292921492701,6201,069273363253466202873,91568,2211041673032,0591,355340454318594202990,91984,1241262013662,4641,6153985353777132030101,96794,5091392214012,7141,7744305804117882031100,80593,5881352133882,6371,718408555395768203278,07072,6871021612931,9711,281299408292576203382,00276,4651061653012,0351,318302415298597203485,72880,0451081683072,0981,355304421304618203589,25583,4351101703122,1591,3893064263106382036106,89699,5341291983612,7671,7753835373938192037110,071102,5791301983622,8301,8113835403978412038113,039105,4301301973612,8901,8433825424028622039115,703107,9921301963592,9451,8723805434058812040118,021110,2311301933552,9921,8973765434078972041120,046112,1921291903503,0341,9173725414089132042121,824113,9181281873443,0711,9353675384099272043123,387115,4411261833373,1041,9503625354099402044124,761116,7891241783293,1341,9633555304089512045125,982117,9881221733213,1611,9743495254079622046127,061119,0551201673113,1851,983342520406972

– IV-78 –

4–16veh/d

1234123456202327,15524,09040661201,1017512092661803322023.11–1218,92215,9862744791,080737205261177326202441,68037,631621011831,442981268343233436202556,61152,130841372481,5681,063286368251476202665,79261,002961562841,6691,128298386265508202763,23858,574911472671,6381,103287373257501202872,98067,2051021652992,0591,383353462320632202989,91583,0371241993612,4581,6454135433787572030100,89793,3551372183962,7051,805445588412836203199,67492,3691332103832,6311,750423563396816203276,84471,3661001582881,9791,313312417295616203380,72275,0871041622962,0441,351315424301638203484,39678,6131061653022,1071,389317430307660203587,87381,9521081673062,1681,4243194353136812036105,51798,0411271953562,7701,8143985473968732037108,655101,0481281953572,8331,8503985504008962038111,591103,8651281943562,8931,8833975524059182039114,227106,3971281933542,9481,9133955534089382040116,522108,6111281903502,9951,9383915534109562041118,528110,5521271873453,0371,9593875514119722042120,290112,2611261843393,0741,9773825484129872043121,838113,7701241803323,1071,9923765444121,0012044123,201115,1071221753243,1362,0053695394111,0132045124,414116,2971201703163,1632,0163635344101,0252046125,488117,3571181653073,1872,0263555294091,035

– IV-79 –

4–17veh/d

1234123456202329,01326,12946691311,0956891782471752542023.11–1220,03417,3002947861,068672173241170248202443,87840,238661081951,363855217303215318202558,29254,251871422581,486929232325232347202667,46863,1441001622941,582986242341245371202766,08661,808961552811,579981237335242372202877,04771,5561091753182,0681,281304432313489202994,28487,7031312103812,4891,5373585123735902030105,55098,3161442294172,7471,6913875574086542031104,60697,6181402224042,6631,633367531391636203282,20077,0591081713111,9551,195264384284468203386,32281,0351121753192,0181,231266390290485203490,22684,8011141783252,0811,265268396296502203593,92288,3671171813302,1411,2972704013015182036111,598104,5251352073802,7691,6733415103866722037114,897107,7011362083802,8321,7063415133906902038117,982110,6731372073792,8931,7373405153957072039120,746113,3411372053772,9481,7643385163987222040123,150115,6681362033732,9951,7883355154007362041125,247117,7051352003673,0371,8073325144017492042127,082119,4931341963613,0751,8243275114027602043128,691121,0661321913533,1081,8383225084027712044130,109122,4581301863453,1381,8503175034017812045131,361123,6911281813363,1651,8613114994007902046132,470124,7871251763263,1901,870305494399798

– IV-80 –

4–18veh/d

1234123456202326,34123,51142701121,0426811842501752742023.11–1218,25215,5672643771,015664180244170267202439,41935,85459961741,299846225307216342202553,26349,305791292341,417920241330233375202661,81557,579911482681,509977251346245401202759,82455,640861392531,505971246340242401202870,48765,046991592891,9961,283319444318534202987,18580,6561211933512,4011,539376526379644203097,93790,7581332123852,6501,694406572413714203196,48789,5571292043712,5691,636385545397694203273,33468,255961512761,8871,198277394288511203377,00171,776991552831,9491,234280401295530203480,47475,1131011582882,0091,268282406301548203583,76178,2701031602922,0671,3012844113065662036101,13294,1121221873422,6781,6803595243927362037104,10896,9641231873422,7401,7133595283977552038106,89399,6351231863412,7991,7453585304017742039109,389102,0351231853392,8521,7723565314057912040111,562104,1301231833362,8981,7963535314078062041113,459105,9661221803312,9391,8163495294088202042115,121107,5791201763252,9751,8323445264098332043116,582109,0031191723183,0081,8473395234098442044117,871110,2631171683113,0371,8593345184088552045119,010111,3821151633023,0631,8703285144078652046120,023112,3811131582943,0881,879321508406874

– IV-81 –

5.1

613653663632.2.13.2.72.

55.3040.4629.33

10.001.1314.84P3P32

– IV-82 –

5–1

7,020.56,264.4

778.4872.31,446.41,387.11,070.810,000.91,239.51,317.4

555.8831.61,902.34,643.51,126.440,457.3

– IV-83 –

ETC20221112202211202310

5–21234123456 0.590.941.111.230.430.871.301.561.622.07

0.5500.8251.1001.1000.4500.9771.3501.8051.8432.200

1.0751.1341.0061.1150.9640.8920.9610.8630.8790.942 41.859.465.186.541.680.2125.7154.7166.6188.2

45.060.090.090.050.0105.0165.0200.0210.0240.0

0.9280.9910.7230.9610.8310.7640.7620.7740.7930.784 4.764.887.289.774.237.8615.3619.3419.8623.68

5.05.010.010.05.010.020.025.025.030.0

0.9530.9750.7280.9770.8460.7860.7680.7740.7940.789

– IV-84 –

5–3

1234123456

0.470.911.151.200.470.891.361.601.812.24

0.5500.8251.1001.1000.4500.9771.3501.8051.8432.200

0.8481.1001.0431.0921.0500.9121.0090.8880.9811.017

34.0

(34.8)

58.377.485.845.481.8130.8157.8187.4200.4

45.060.090.090.050.0105.0165.0200.0210.0240.0

0.756

(0.772)

0.9720.8600.9540.9090.7790.7930.7890.8920.835

3.804.848.739.584.628.0116.0219.7422.3325.24

5.05.010.010.05.010.020.025.025.030.0

0.7610.9670.8730.9580.9240.8010.8010.7890.8930.841 5–3120242046

0.8

14.81

– IV-85 –

5.2

5–4

202315,60742,6324,42762,6662023.11–122,2125,9016238,736202423,40163,6606,40893,469202531,06482,5538,405122,022202635,83894,7619,657140,256202734,47892,9079,367136,752202840,133109,70011,201161,034202949,157133,55213,761196,470203055,043149,20315,414219,660203154,277147,44315,145216,865203241,859115,39711,490168,746203343,770120,58812,003176,361203445,689125,81512,516184,020203547,502130,74813,001191,251203657,409156,78115,840230,030203758,890160,76616,237235,893203860,419164,89116,648241,958203961,788168,56117,015247,364204063,145172,20917,381252,735204164,002174,50217,608256,112204264,904176,89517,847259,646204365,690178,98718,056262,733204466,555181,30218,288266,145204566,983182,40818,398267,789204667,146182,80218,436268,384

1,201,3543,272,332330,7454,804,431

202311120461229

– IV-86 –

20236.326.8

480.4327.268.1%

5–5

202349,23013,43662,6662023.11–126,6652,0718,736202476,58416,88593,4692025103,77718,245122,0222026120,93019,326140,2562027117,63919,113136,7522028136,28624,748161,0342029166,98429,486196,4702030187,29532,365219,6602031185,64331,222216,8652032145,74722,999168,7462033152,80323,558176,3612034159,85424,166184,0202035166,51924,732191,2512036198,20231,828230,0302037203,59432,299235,8932038209,13332,825241,9582039214,09733,267247,3642040219,01333,722252,7352041222,17833,934256,1122042225,47334,173259,6462043228,36034,373262,7332044231,53234,613266,1452045233,14234,647267,7892046233,83634,548268,384

4,145,286659,1454,804,431

– IV-87 –

414.5

65.986.3%

6.1

(1)

20223%

– IV-88 –

?10~12

1520362002%? 106

2%? 32%2%(2)

3.05%20221202310

– IV-89 –

20223%

? 202220231–108%2024–20255%3%? 2022202320252026–203010%5%3%? 20222%? 0.6%202212023

? 2022202310202311–122%

– IV-90 –

6.2

6–1

20236,2449551,7228,9212023.11–121,4064918742,77120246,7659842,0509,79920257,2921,0142,10810,41420267,6231,0442,16810,83520277,8291,0757,32616,23020288,2101,1087,54116,85920298,6661,1417,76517,57220309,0611,1757,99318,22920319,2661,2108,23018,70620329,2061,2478,47418,92720339,4871,2848,72419,49520349,7751,3228,98320,080203510,0701,3629,24920,681203610,5591,40348,01059,972203710,8581,4459,80422,107203811,1681,48810,09422,750203911,4791,53310,39223,404204011,8001,57910,70124,080204112,1171,62611,01724,760204212,4451,67511,34425,464204312,7761,72611,67926,181204413,1211,77712,02626,924204513,4641,83112,38127,676204613,8091,88612,74828,443

238,25232,426241,681512,359

– IV-91 –

6–2

20232023.

11–1220242025202620272028202920302031203220332034

16,2431,4066,7657,2927,6237,8298,2108,6669,0619,2669,2069,4879,775

1.13,7197613,9054,1014,2244,3504,4814,6154,7544,8965,0435,1945,350

1.21,3084081,4391,5821,6621,7451,8321,9232,0202,0802,1432,2072,273

1.329947305311318324330337344351358365372

1.4373525617328428219661,1791,3181,3011,0121,0581,104

1.5356113363370377385393400408417425433442

1.61882519219620020420821221722122523023429554919841,0141,0441,0751,1081,1411,1751,2101,2471,2841,322

2.19554919841,0141,0441,0751,1081,1411,1751,2101,2471,2841,32231,7228742,0502,1082,1687,3267,5417,7657,9938,2308,4748,7248,983

3.11,6438481,6921,7431,7951,8491,9041,9612,0202,0812,1432,2072,274

3.2002973033095,2605,4145,5745,7375,9066,0806,2596,443

3.2.10000000000000

3.2.2000004,9455,0935,2465,4035,5655,7325,9046,081

3.2.300160163166170173177180184187191195

3.2.400137140142145148151154157160164167

3.37926616264217223230236243251258266

48,9202,7719,79910,41410,83516,23016,85917,57218,22918,70618,92719,49520,080

– IV-92 –

6–2

203520362037203820392040204120422043204420452046

110,07010,55910,85811,16811,47911,80012,11712,44512,77613,12113,46413,809

1.15,5115,6765,8466,0226,2026,3896,5806,7786,9817,1907,4067,628

1.22,3412,4122,4842,5582,6352,7142,7962,8802,9663,0553,1473,241

1.3380387395403411419427436445454463472

1.41,148 1,380 1,415 1,452 1,484 1,516 1,537 1,558 1,576 1,597 1,607 1,610

1.5451 460 469 479 488 498 508 518 528 539 550 561

1.6239 244 249 254 259 264 269 275 280 286 291 29721,362 1,403 1,445 1,488 1,533 1,579 1,626 1,675 1,726 1,777 1,831 1,886

2.11,362 1,403 1,445 1,488 1,533 1,579 1,626 1,675 1,726 1,777 1,831 1,88639,249 48,010 9,804 10,094 10,392 10,701 11,017 11,344 11,679 12,026 12,381 12,748

3.12,342 2,412 2,485 2,559 2,636 2,715 2,796 2,880 2,967 3,056 3,147 3,242

3.26,633 44,178 7,029 7,236 7,449 7,669 7,895 8,128 8,367 8,614 8,868 9,129

3.2.10 37,350 0 0 0 0 0 0 0 0 0 0

3.2.26,264 6,452 6,645 6,845 7,050 7,261 7,479 7,704 7,935 8,173 8,418 8,671

3.2.3199 203 207 211 215 219 224 228 233 238 242 247

3.2.4170 174 177 181 184 188 192 196 200 204 208 212

3.3274 1,420 290 299 307 317 326 336 345 356 366 377

420,681 59,972 22,107 22,750 23,404 24,080 24,760 25,464 26,181 26,924 27,676 28,443

2. “”

“”“”

“”3.

1.2

“”

1.2

“”5.

1.8

1.10

[1994]21“

”

[1995]1

23.2

1.10

[1994]21“”

[1995]1

23.2

24.124.2

1.12

2.2

3.1

10.

3.5 3.5

11.

3.11

12.

3.12

3.121

13. 3.13 3.8

503,774.75

3.132

3.83.10503,774.75

14.

3.14

15.

3.15

3.153

16.

3.16

17.

3.17

18.

4.1

“”

4.1

“”

19.

20.

5.1

21.

5.2

22.

5.3

5.2

10%

5.1

5.3

5.1

10%3

23.

5.4

24.

5.5

25.

5.6

26.

5.7

(1)

(2)

(1)(2)(3)

27.

6.1

6.3

6.1

6.3

28.

6.2

29.

7.2

30.

7.6

31. 7.7

(1)

7.7 (i)(ii)(iii)(iv)(v)(vi)

(1)(2)(3)(4)(5)(6)

(1)

(3)

25%

(3)

25%

(4)

32.

7.8

33.

7.9

34.

7.10

35.

7.11

“”“”

7.11

“”“”

(i)

(ii)

(i)

(ii)

9030

36.

7.12

37.

7.13

38.

8.3

(1)(2)

(a)(b)(c)(d)

(e)

(3)(4)

(5)

39.

8.5

40.

9.2

41. 9.39.6

9.29.5

42.

10.2

10.3

10.2

10.3

43.

10.3

44.

10.5 10.5

45. 10.6

25.1

10.6

25.1

46.

10.9

3:009:303:00

47.

10.10

48.

10.14

49.

10.15

50.

10.16

51.

10.17

52.

10.20

53. 10.22

10.22

54. 10.23(1)

10.23

(1)

(3)(3)

55.

10.25 10.25

56.

10.26

57.

10.27

58.

10.28

59.

10.29

60. 10.3010.31

10.2710.28

61.

10.32

10.3229

62.

10.33

10.330

63. 10.3410.31

64.

10.35

20%

10.3510.36

10.36

65. 10.3710.39

10.3210.34

66.

10.40

10.4035

67. 10.4110.44

10.3610.39

68.

10.45

69.

10.46

10.460

70.

10.47

71. 10.4810.4172.

10.49

10.492

73.

10.50

74. 10.51

10.51

75.

11.4

11.2

5.3

9.1

11.4

11.2

5.3

9.1

26.3

76.

11.9

77.

12.1

78. 12.3(7)

12.3

(7)

79. 12.5(1)

12.5

(1)

(2)(2)

80. 12.8

12.8

(3)

30%

(3)(4)(5)

(4)(5)(6)

81.

12.9

82. 12.10

12.10

83.

12.11

10%

12.11

10%

84. 12.12

12.12

85.

12.13

12.5(2)

12.56

12.13

12.5(2)

12.56

86. 12.17

12.17

87. 12.21

12.21

88. 12.2212.2312.24

12.22

12.23

12.24

89. 12.22–12.2412.25–

12.27

90.

13.1

91. 13.2

13.2

92.

13.2

13.213.3

13.23

93.

13.3

13.4

13.313.413.5

13.5

94.

13.6

13.613.4

13.64

95.

13.7

96. 13.5–13.10

13.5

13.6

13.7

12.2212.23

12.2413.6

13.8

13.9

“”

13.10

97.

14.1

98.

14.3

99.

15.2

100.

15.4

101.

16.2

102.

16.5 16.5

103.

16.6

......

16.6

......

104. 16.7

16.7

105.

16.11 16.11

106. 17.3

17.3

107.

17.8

17.16

108.

17.9

109.

17.10

110.

17.11

111.

17.12

112.

17.13

113.

17.14

17.12

114.

17.15

115.

17.16

116.

17.17

117.

17.18

9.2

118. 17.1917.8119.

18.2 18.2

120.

18.5

121.

18.6

122.

18.10

123. 19.6

19.6

124.

19.7

......

19.7

......

125.

19.8

126.

20.1

127.

20.2

128. 20.3

129.

20.4

130.

20.6

131.

20.7

132. 20.8

20.8

133. 22.1

22.1

134.

22.2

135.

22.3

136. 22.522.4

22.422.5

137. 22.6

22.6

138.

23.1

139.

23.2

23.1

140. 23.3?

23.3 23.1

141.

23.4

142.

23.5

143.

23.6

144.

23.8

145.

23.9

146.

23.11

147.

24.2

148. 24.3–24.4

24.3

24.4

149. 25.1

25.1

150.

25.1

151. 25.225.3

25.325.4

152.

25.4

25.45

153. 25.525.6

25.625.7

154.

25.7

25.78

155. 25.825.9

25.925.10

156.

26.1

157.

2726

27.127.227.3

26.126.226.3

158.

27.3

“”“”“”

“”“”“”“”

276.3

“”“”“”

“”“”“”“”

4.2.2

5.1

...

5.1

...

2.1.1

...

2.1.1

...

2.1.3

(5)

2.1.3

(5)

6.3.2

2.3.4.

5. 10%

6.3.2

2.3.4.

5. 10%

1.1

2.1

2.2

7. 5

2.3

10.

3.1

3.1.1

3.1.2

3.2

3.1.3

3.1.4

3.1.5

3.1.6

11.

3.2

3.2.1

3.2.2

3.2.3

3.2.4

3.2.5

3.2.6

3.2.7

3.2.1-3.2.6

3.2.8

()()

3.2.43.2.6

12.

13.

4.1

14.

4.2

15.

4.3

4.2

16. 15 15

4.4

17.

4.5

18. 3

4.6

19.

4.7 3.1.1

3.1.2

20.

4.8

21.

4.9

22.

23.

5.1

5.1.1

5.1.2 6.56.8

6.96.10

5.1.3

5.1.4

5.2

5.2.1

5.2.2

5.2.3

5.2.4

5.2.5

5.2.6

24.

25.

26.

27.

28.

6.1

6.2

6.3

6.2.1

6.2.2

6.2.3

6.2.4

6.4

6.56.86.9

6.10

6.5

6.5.1

6.5.2

6.5.3

6.5.4

6.6

6.6.1 5.2

6.5

6.6.2

6.6.3 3

6.6.4

6.7

6.8

6.8.1

6.8.2

6.8.3

6.8.4

6.8.5

6.9

6.9.1

6.9.2

6.9.3

6.10

6.10.1

6.10.2

6.10.3

6.10.4

6.11

6.11.1

6.11.2

6.11.3

6.11.4

6.11.5

6.12

6.13

6.14

6.14.1

6.14.2

6.14.3

6.56.8

6.96.10

5.2

6.14.4

6.14.5

6.14.6

6.14.7

6.15

29.

30.

7.1

31.

7.2

32.

7.3

33.

7.4

34.

7.5

35.

7.6

36.

7.7

37.

8.1

38.

8.2

– VI-1 –

1,222,000,000H1,222,000,0003,815,747,500A3,815,747,500

5,037,747,500

1,222,000,000H1,222,000,0003,815,747,500A3,815,747,500

5,037,747,500

– VI-2 –

XV(a)XV7

(b)352(c)C3

. XV23

XV23

2,742,578,825 (L)71.88% (54.44%)(L)

(1)

589,059,077 (L)15.44% (11.69%)(L)

– VI-3 –

H(2)

67,410,845(L)5.52%(1.34%)(L)BlackRock, Inc

(3)

109,282,888(L)8.94%(2.17%)(L)2,398,000(S)0.20%(0.05%)(S)JP Morgan Chase & Co

(4)

73,625,857(L)6.03%(1.46%)(L)7,494,000(S)0.61%(0.15%)(S)

51,516,517(P)4.22%(1.02%)(P)

Citigroup Inc.

(5)

61,398,134(L)5.02%(1.22%)(L)296,000(S)

61,035,073(P)

0.02%(0.01%)(S)

4.99%(1.21%)(P)

(L)(S)(P)(1)(2)

(3) BlackRock, Inc.109,282,888H

2,398,000H1,612,000HBlackRock, Inc.(a) BlackRock Holdco 6, LLCBlackRock, Inc.90%BlackRock

Holdco 6, LLC(i) BlackRock Institutional Trust Company, National Association

15,007,876H2,244,000H(ii) BlackRock Fund Advisors58,114,000H

– VI-4 –

(b) BR Jersey International Holdings L.P.BlackRock, Inc.86%BR

Jersey International Holdings L.P.(i) BlackRock Japan Co., Ltd.1,776,883H(ii) BlackRock Investment Management (Australia) Limited564,000

H(iii) BlackRock Asset Management North Asia Limited1,109,312H(iv) BlackRock (Singapore) Limited561,505H(c) BlackRock Canada Holdings LPBR Jersey International Holdings L.P.

99.9%3(b)BlackRock Canada Holdings LPBlackRock Asset Management Canada Limited2,378,000H(d) BlackRock Group LimitedBR Jersey International Holdings L.P.

3(b)90%BlackRock Group Limited(i) BlackRock (Netherlands) B.V.5,506,146H(ii) BlackRock Advisors (UK) Limited5,058,000H(iii) BlackRock Asset Management Ireland Limited11,553,865H(iv) BLACKROCK (Luxembourg) S.A.194,000H(v) BlackRock Investment Management (UK) Limited1,353,299H(vi) BlackRock Fund Managers Limited1,632,002H(vii) BlackRock Asset Management (Schweiz) AG16,000H

– VI-5 –

(4) JPMorgan Chase & Co.73,625,857H412,122

H7,494,000H7,032,000H

JPMorgan Chase & Co.

12,378,3217,494,000–

9,218,519––

512,500––––51,516,517

(5) Citigroup Inc.61,398,134H288,000H

296,000H296,000HCitigroup Inc.

363,061296,000_

––61,035,073

– VI-6 –

Kroll (HK) Limited

– VI-7 –

20221231

(a) 6

1817(b) H

183171712–1716(c)

– VI-8 –

(http://www.hkexnews.hk)(http://www.jsexpressway.com)(a)(b)(c) 5455(d) 5684(e)(f) ,(g)(h)

– N-1 –

2024

PRESSWAY COMPANY

LIMITED00177

2024

? 2024418?

202441832024

2024

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– N-2 –

2024

20244182024418

9:159:259:3011:301:003:00

9:153:00

– N-3 –

2024

65%*

* 2024126202431 A2024129202432

H202436

3.4.5.

– N-4 –

2024

vote.sseinfo.com

2024410

20244104:30H

6003772024410

– N-5 –

2024

(1) 2024410

20244104:30H2024415

(2) 20243192024418H

H20243184:30H183171712–1716(3)

(4)

20244173HH

17M

– N-6 –

2024

(1)

(2)6

210049

(86) 25-8436 2700301815(86) 25-8446 4303

(86) 25-8420 7788

(3)

(4) A

(5) 202436H

202436

附件：公告原文