Core Insights - The International Cable-Stayed Bridge Operation Organization Association (ICSBOA) 2025 Asia Regional Working Conference was held in Hangzhou, Zhejiang, gathering over 80 representatives from various countries and regions, including Japan and Cambodia, to discuss cable-stayed bridge management [1][3] Group 1: Conference Highlights - The conference featured deep sharing of cross-national experiences, practical explorations of regional collaboration, and theoretical breakthroughs from academic teams, providing a valuable platform for bridge management professionals [3] - A total of 12 technical reports were presented by global experts, focusing on modern maintenance of cable-stayed bridges, covering key areas such as corrosion prevention, disaster reduction strategies, structural health monitoring, big data diagnostics, and emergency response to incidents [3][4] Group 2: Practical Engagement - Attendees visited the construction site of the Xiyangmen Rail-Road Bridge, gaining firsthand experience of China's advanced practices in super bridge engineering and future operational preparations, which left a profound impression on international experts [4] - The successful hosting of the conference showcased Zhejiang Huhangzhou's technical strength and international perspective in large-span bridge management, enhancing its visibility and influence in the global bridge sector [4] Group 3: Future Directions - Zhejiang Huhangzhou aims to leverage the conference as an opportunity to deepen international exchanges and cooperation, focusing on the integration and application of smart bridge management technologies [4] - The company plans to enhance research and practice in key technology areas such as lifecycle health management, big data intelligent diagnostics, and long-term corrosion prevention, striving to improve operational safety and refined management of large bridges [4]

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 呈交日期: 2025年11月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00576 | 說明 | H 股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,023,335,842 | RMB | | 1 | RMB | | 2,023,335,842 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 2,023,335,842 | RMB | | 1 | RMB | | 2,023,335,842 | | 2. 股份分類 | 普通股 | 股份類別 | 其他類別 (請 ...

Core Insights - The International Cable-Stayed Bridge Operation Organizations Association (ICSBOA) 2025 Asia Regional Working Conference was successfully held in Hangzhou, organized by Zhejiang Expressway Group's Zhejiang Huhangyou Company, marking a new level of international exchange and cooperation in the field of major bridge maintenance [1][4] Group 1: Conference Overview - The conference gathered over 80 representatives from various countries, including Japan and Cambodia, as well as domestic bridge operation units and renowned universities, to discuss cable-stayed bridge management [1][3] - The event featured 12 technical reports from global bridge experts focusing on modern maintenance of cable-stayed bridges, covering key areas such as corrosion prevention, disaster reduction strategies, structural health monitoring, and emergency response to incidents [4] Group 2: Practical Insights and Observations - Attendees engaged in lively discussions and interactions, leading to innovative ideas and solutions during the conference [4] - A site visit to the Xiyangmen Bridge construction site allowed participants to witness advanced construction techniques and management concepts, enhancing their understanding of China's capabilities in super bridge engineering [4] Group 3: Future Directions - The company aims to leverage the conference as an opportunity to deepen international cooperation and apply the insights gained, focusing on smart maintenance technologies and enhancing operational safety and management levels of large bridges [5]

Core Viewpoint - Zhejiang Huhangyou (00576) reported a revenue of 14.13 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 8.9% [1] - The profit attributable to the company's owners reached 4.19 billion yuan, marking a year-on-year increase of 1.5% [1] - Basic earnings per share stood at 0.6991 yuan [1] Financial Performance - Revenue for the first three quarters: 14.13 billion yuan, up 8.9% year-on-year [1] - Profit attributable to owners: 4.19 billion yuan, up 1.5% year-on-year [1] - Basic earnings per share: 0.6991 yuan [1]

Group 1 - The company has appointed Tianjian Accounting Firm as the domestic auditor for its restructuring project [1] - The restructuring audit work is highly overlapping with the domestic annual report audit for the year 2025 [1] - The company plans to hire Tianjian as the domestic annual report auditor for 2025 [1]

Core Viewpoint - Zhejiang Huhangyong (00576) has appointed Tianjian Accounting Firm as the domestic auditor for its restructuring project, which coincides with the audit for the 2025 annual report [1] Group 1 - The company has engaged Tianjian as the domestic auditor for the restructuring project [1] - The restructuring audit work is highly overlapping with the 2025 annual domestic report audit [1] - The company plans to appoint Tianjian as the auditor for the 2025 annual domestic report [1]

Core Viewpoint - Zhejiang Hu-Hang-Yong (00576) has appointed Tianjian Accounting Firm as the domestic auditor for its restructuring project, indicating a strategic move to streamline auditing processes for both the restructuring and the 2025 annual report [1] Group 1 - The company has engaged Tianjian Accounting Firm as the domestic auditor for its restructuring project [1] - The restructuring audit work is highly overlapping with the domestic annual report audit for the year 2025 [1] - The company plans to appoint Tianjian as the domestic auditor for the 2025 annual report, indicating a change in domestic auditors [1]

Core Insights - Zhejiang Huhangyong (00576.HK) reported a revenue of approximately RMB 14.13 billion for the first three quarters of 2025, representing a year-on-year increase of 8.9% [1] - The net profit for the same period was around RMB 4.19 billion, showing a year-on-year growth of 1.5% [1] - The basic earnings per share (EPS) stood at RMB 0.69 [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 會就本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任 何 損 失 承 擔 任 何 責 任。 （股份代號：0576） （ 於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） 公 告 浙江省交通投資集團有限公司作為本公司及浙江鎮洋發展股份有限公司（「鎮 洋發展」）的 控 股 股 東，正 在 推 進 本 公 司 和 鎮 洋 發 展 的 重 大 資 產 重 組，即 由本公司向鎮洋發展的全體股東發行A股 股 票，通 過 換 股 方 式 吸 收 合 併 鎮 洋 發 展。 本公司已聘任天健會計師事務所（「天健」）作為本次重組項目的境內審計師。 由於重組審計工作與2025年度境內年報審計工作高度重合，本 公司擬聘 任天健為2025年 度 境 內 年 報 審 計 師（「變更境內審計師」）。 本公司現任境內審計師容誠會計師事務所（特殊普通合夥）（「容 誠」）已 確 認對本次 建 議 變 更 境 內 審 計 師 的 事 ...

Revenue and Profit - For the nine months ended September 30, 2025, the company's revenue reached RMB 14,130,348 thousand, an increase of 8.85% compared to RMB 12,980,182 thousand in the same period of 2024[4] - The gross profit for the same period was RMB 5,032,123 thousand, a decrease of 7.66% from RMB 5,451,809 thousand in 2024[4] - The net profit attributable to the company for the nine months was RMB 6,169,027 thousand, representing a 18.66% increase from RMB 5,199,253 thousand in 2024[4] - Earnings per share for the period was RMB 69.91, compared to RMB 68.87 in the previous year, reflecting a growth of 1.51%[8] - The company reported a significant increase in securities investment income, which rose to RMB 2,481,618 thousand from RMB 1,030,103 thousand, marking a growth of 141.56%[4] Expenses and Costs - Administrative expenses increased to RMB 106,846 thousand from RMB 89,748 thousand, indicating a rise of 19.06%[4] - The financing costs decreased to RMB 1,129,040 thousand from RMB 1,325,958 thousand, showing a reduction of 14.79%[4] - The company’s operating costs increased to RMB 9,098,225 thousand from RMB 7,528,373 thousand, reflecting a rise of 20.93%[4] Assets and Liabilities - Non-current assets increased to RMB 72,975,775 thousand in 2025 from RMB 71,258,072 thousand in 2024, reflecting a growth of 2.4%[9] - Current assets rose significantly to RMB 214,411,614 thousand in 2025, up from RMB 145,924,295 thousand in 2024, marking an increase of 46.9%[9] - Net current assets improved to RMB 57,522,188 thousand in 2025, compared to RMB 37,658,318 thousand in 2024, representing a growth of 52.7%[9] - Total assets minus current liabilities increased to RMB 130,497,963 thousand in 2025 from RMB 108,916,390 thousand in 2024, a rise of 19.8%[9] - The company’s total liabilities increased to RMB 130,497,963 thousand in 2025 from RMB 108,916,390 thousand in 2024, reflecting a rise of 19.8%[9] Cash Flow - Cash flow from operating activities for the nine months ended September 30, 2025, was RMB 3,042,520 thousand, compared to RMB 8,886,475 thousand for the same period in 2024, indicating a decrease of 65.8%[10] - Net cash used in investing activities was RMB (9,707,651) thousand in 2025, compared to RMB (7,537,080) thousand in 2024, reflecting an increase in cash outflow of 29.0%[10] - Cash and cash equivalents at the end of the period increased to RMB 28,090,245 thousand in 2025 from RMB 20,588,919 thousand in 2024, a growth of 36.2%[10] - The company reported a net cash inflow from financing activities of RMB 13,831,308 thousand in 2025, compared to a net cash outflow of RMB (4,589,846) thousand in 2024, indicating a significant turnaround[10] Equity - Total equity attributable to owners of the company rose to RMB 49,265,949 thousand in 2025 from RMB 46,040,953 thousand in 2024, an increase of 4.8%[9] - The company’s share of profits from joint ventures was RMB 136,506 thousand, a significant increase from RMB 12,401 thousand in the previous year[4]