格隆汇9月12日丨ST长园（维权）(600525.SH)公布，公司董事会于2025年9月12日收到公司董事长吴启 权先生提交的书面辞职报告，吴启权先生因个人原因申请辞去公司董事长、董事职务及董事会战略委员 会委员职务。吴启权先生也将辞去其在公司子公司担任的一切职务。离任后，吴启权先生不在公司及公 司下属子公司担任任何职务。 ...

证券之星消息，9月12日铁路公路板块较上一交易日下跌0.38%，广深铁路领跌。当日上证指数报收于 3883.69，上涨0.22%。深证成指报收于12996.38，上涨0.13%。铁路公路板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002627 | 三峡旅游 | 7.02 | 10.03% | 51.10万 | 3.52亿 | | 603069 | 海汽集团 | 21.77 | 4.36% | 18.05万 | 3.96亿 | | 600106 | 重庆路桥 | 6.93 | 2.51% | 31.00万 | 2.13亿 | | 000886 | 海南高速 | 6.64 | 2.47% | - 34.88万 | 2.32亿 | | 601518 | 吉林高速 | 2.81 | 1.08% | 26.89万 | 7571.96万 | | 600125 | 铁龙物流 | 6.23 | 0.97% | 11.88万 | 7365.15万 | | 600033 | 福建高速 | ...

分红方面，广深铁路A股上市后累计派现86.42亿元。近三年，累计派现9.92亿元。 机构持仓方面，截止2025年6月30日，广深铁路十大流通股东中，大成睿享混合A（008269）位居第四 大流通股东，持股8298.80万股，相比上期增加498.91万股。宝盈品质甄选混合A（013859）位居第五大 流通股东，持股6000.00万股，相比上期减少4000.00万股。大成策略回报混合A（090007）位居第六大 流通股东，持股5226.45万股，相比上期增加369.28万股。南方中证500ETF（510500）位居第七大流通 股东，持股5033.59万股，为新进股东。大成竞争优势混合A（090013）位居第八大流通股东，持股 4465.22万股，相比上期增加472.17万股。宝盈新价值混合A（000574）位居第九大流通股东，持股 3500.00万股，相比上期减少200.00万股。宝盈增强收益债券A/B（213007）位居第十大流通股东，持股 3250.00万股，相比上期减少1150.00万股。香港中央结算有限公司退出十大流通股东之列。 资金流向方面，主力资金净流出1489.70万元，特大单买入1265.68万元 ...

2025年09月09日 证券研究报告 |报告要点 证券研究报告 非金融公司|公司点评|广深铁路（601333） 业绩略超预期，客货运业务实现双增长 请务必阅读报告末页的重要声明 glzqdatemark1 公司发布 2025 年半年报。2025H1，公司实现营业收入 139.7 亿元，同比增长 8.1%，实现归母 净利润 11.1 亿元，同比增长 21.6%。其中 2025Q2，公司实现营业收入 70.7 亿元，同比增长 11.8%，实现归母净利润 6.4 亿元，同比增长 75.4%。 |分析师及联系人 李蔚 李天琛 SAC：S0590522120002 SAC：S0590525070002 请务必阅读报告末页的重要声明 1 / 5 非金融公司|公司点评 glzqdatemark2 2025年09月09日 广深铁路(601333) 业绩略超预期，客货运业务实现双增长 | 行 业： | 交通运输/铁路公路 | | --- | --- | | 投资评级： | 增持（维持） | | 当前价格： | 3.35 元 | 基本数据 | 总股本/流通股本(百万股) | 7,084/7,084 | | --- | --- | ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 601333 | 广深铁路 | 3.48 | 3.88% | 142.53万 | 4.92亿 | | 000548 | 湖南投资 | 5.48 | 1.86% | 7.90万 | 4316.73万 | | 600650 | 锦江在线 | 16.66 | 1.83% | 12.69万 | 2.12亿 | | 000828 | 东莞控股 | 11.71 | 1.74% | 10.67万 | 1.24亿 | | 600561 | 江西长远 | 7.00 | 1.45% | 5.67万 | 3935.51万 | | 000557 | 西部创业 | 5.40 | 1.12% | 11.37万 | 6091.60万 | | 600834 | 申通地铁 | 8.88 | 1.02% | 4.84万 | 4273.44万 | | 601107 | 四川成渝 | 5.66 | 0.89% | 17.99万 | 1.02亿 | | 600125 | 铁龙物流 | 6. ...

华泰证券指出，公司上半年盈利同比高增，主因：货运路网清算服务单价提高；在大湾区互联互通需求 驱动下，公司增开过港高铁班次；期内录得与政府开车需求相关的补助0.8亿元。 广深铁路股份此前发布中期业绩，上半年营业收入139.69亿元人民币，同比增加8.08%；归属于上市公 司股东的净利润11.09亿元，同比增加21.55%。 责任编辑：栎树 广深铁路股份早盘涨超8%，绩后累计涨幅已超30%。截至发稿，股价上涨8.33%，现报2.60港元，成交 额6939.29万港元。 ...

公司业绩显示，客单价更高的长途过港高铁线路增加驱动了长途车收入增长。公司在24年下半年增开1 对张家界至香港西九龙高铁、在25年新增开行1对武汉至香港西九龙高铁。此外，深圳发布优化调整房 地产政策措施。美联物业全国研究中心总监何倩茹此前表示，港人大湾区置业的趋势会不断加强，随 着"北上消费"，更多港人亲身感受到大湾区居住和生活的好处，这会成为购买房产的最大动因。 智通财经APP获悉，广深铁路股份(00525)再涨超8%，绩后累计涨幅已超30%。截至发稿，涨7.5%，报 2.58港元，成交额6112.32万港元。 消息面上，广深铁路股份此前发布中期业绩，上半年营业收入139.69亿元人民币，同比增加8.08%；归 属于上市公司股东的净利润11.09亿元，同比增加21.55%。华泰证券指出，公司上半年盈利同比高增， 主因：货运路网清算服务单价提高；在大湾区互联互通需求驱动下，公司增开过港高铁班次；期内录得 与政府开车需求相关的补助0.8亿元。 ...

消息面上，广深铁路股份此前发布中期业绩，上半年营业收入139.69亿元人民币，同比增加8.08%；归 属于上市公司股东的净利润11.09亿元，同比增加21.55%。华泰证券指出，公司上半年盈利同比高增， 主因：货运路网清算服务单价提高；在大湾区互联互通需求驱动下，公司增开过港高铁班次；期内录得 与政府开车需求相关的补助0.8亿元。 公司业绩显示，客单价更高的长途过港高铁线路增加驱动了长途车收入增长。公司在24年下半年增开1 对张家界至香港西九龙高铁、在25年新增开行1对武汉至香港西九龙高铁。此外，深圳发布优化调整房 地产政策措施。美联物业全国研究中心总监何倩茹此前表示，港人大湾区置业的趋势会不断加强，随 着"北上消费"，更多港人亲身感受到大湾区居住和生活的好处，这会成为购买房产的最大动因。 广深铁路（601333）股份(00525)再涨超8%，绩后累计涨幅已超30%。截至发稿，涨7.5%，报2.58港 元，成交额6112.32万港元。 ...

Core Viewpoint - Guangshen Railway's stock price has shown a positive trend with a year-to-date increase of 1.79% and significant gains over the past 20 and 60 days, indicating strong market performance and investor interest [2]. Financial Performance - For the first half of 2025, Guangshen Railway achieved operating revenue of 13.969 billion yuan, representing a year-on-year growth of 8.08%, while net profit attributable to shareholders reached 1.109 billion yuan, up 21.55% [2]. - The company has distributed a total of 8.642 billion yuan in dividends since its A-share listing, with 992 million yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders for Guangshen Railway was 158,200, a decrease of 1.05% from the previous period [2]. - The top ten circulating shareholders include major funds, with notable changes in holdings among several funds, indicating active management and investment strategies [3]. Stock Market Activity - On September 8, Guangshen Railway's stock rose by 2.09%, with a trading volume of approximately 98.86 million yuan and a market capitalization of 24.226 billion yuan [1]. - The stock has seen a turnover rate of 0.52%, with net outflows of 6.8287 million yuan from main funds, suggesting mixed investor sentiment [1].

Group 1: High-Speed Rail Network Development - The Shenyang to Changbai Mountain high-speed rail began trial operations on September 4, 2023, as part of China's "eight vertical and eight horizontal" high-speed rail network [1] - The completion of the Shenyang to Changbai Mountain high-speed rail is expected to reduce travel times significantly, with the shortest travel time from Beijing Chaoyang Station to Changbai Mountain Station being 4 hours and 33 minutes, and from Shenyang North Station to Changbai Mountain Station being 1 hour and 53 minutes [1] - By the end of 2024, China's high-speed rail operating mileage is projected to reach 48,000 kilometers, with total railway operating mileage increasing to 162,000 kilometers [1] Group 2: Industry Growth and International Expansion - China's high-speed rail technology has reached a world-leading level, with significant advancements in intelligent high-speed rail technology and a growing number of technological innovations [2] - High-speed rail companies are actively expanding into international markets, with an increase in overseas projects and market opportunities [2] - The high-speed rail industry chain is extensive, encompassing upstream components like tracks and materials, midstream systems and vehicles, and downstream services including passenger transport and tourism [2] Group 3: Company Performance - China Railway Rolling Stock Corporation (CRRC) reported a revenue of 119.758 billion yuan for the first half of the year, a year-on-year increase of 32.99%, and a net profit of 7.246 billion yuan, up 72.48% [3] - CRRC showcased 22 innovative products at the 12th World High-Speed Rail Conference, emphasizing its commitment to innovation and international expansion [3] - Guangzhou-Shenzhen Railway Co., Ltd. reported a revenue of 13.969 billion yuan for the first half of the year, an 8.08% increase, and a net profit of 1.109 billion yuan, up 21.55% [3] - The company has seen significant growth in passenger revenue due to the introduction of new direct trains and cross-line services [3] Group 4: Operational Efficiency and Market Impact - In the first half of 2025, the Beijing-Shanghai high-speed rail transported 24.996 million passengers, a 1.2% increase from the previous year [4] - The operational efficiency of the high-speed rail network is expected to improve with the completion of the "eight vertical and eight horizontal" network, benefiting industry chain companies [4]