截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 齊魯高速公路股份有限公司 呈交日期: 2025年8月5日 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 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) | 01576 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | RMB | | 1 RMB | | 2,000,000,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 2,000,000,000 | RMB | | 1 RMB | | 2,000,000,000 | 本月底法定/註冊股本總額： RMB 2,000, ...

齐鲁高速(01576)发布公告，王振江先生(王先生)因工作调动原因辞任本公司董事长、执行董事、董事会 提名委员会(提名委员会)主席、董事会战略委员会(战略委员会)主席、法定代表人及就香港联合交易所 有限公司证券上市规则(上市规则)第3.05条而言的授权代表(授权代表)的职务，有关辞任自2025年7月31 日起生效。 根据提名委员会的提名及董事会的审议，董事会建议委任魏勇先生(魏先生)为执行董事。任期自本公司 股东会会议审议通过之日生效，直至本届董事会任期届满之日为止。 董事会宣布，王令方先生已获委任为提名委员会主席，任期自2025年7月31日起直至本届董事会任期届 满之日为止。 董事会宣布，执行董事段鹏先生已获委任为授权代表，自2025年7月31日起生效。 ...

董事会宣布，王令方先生已获委任为提名委员会主席，任期自2025年7月31日起直至本届董事会任期届 满之日为止。 董事会宣布，执行董事段鹏先生已获委任为授权代表，自2025年7月31日起生效。 智通财经APP讯，齐鲁高速(01576)发布公告，王振江先生(王先生)因工作调动原因辞任本公司董事长、 执行董事、董事会提名委员会(提名委员会)主席、董事会战略委员会(战略委员会)主席、法定代表人及 就香港联合交易所有限公司证券上市规则(上市规则)第3.05条而言的授权代表(授权代表)的职务，有关 辞任自2025年7月31日起生效。 根据提名委员会的提名及董事会的审议，董事会建议委任魏勇先生(魏先生)为执行董事。任期自本公司 股东会会议审议通过之日生效，直至本届董事会任期届满之日为止。 ...

此外，王令方已获委任为提名委员会主席，任期自2025年7月31日起直至本届董事会任期届满之日为 止。执行董事段鹏已获委任为授权代表，自2025年7月31日起生效。 根据提名委员会的提名及董事会的审议，董事会建议委任魏勇为执行董事。任期自公司股东会会议审议 通过之日生效，直至本届董事会任期届满之日为止。 格隆汇7月31日丨齐鲁高速(01576.HK)发布公告，王振江因工作调动原因辞任公司董事长、执行董事、 提名委员会主席、战略委员会主席、法定代表人及授权代表的职务，有关辞任自2025年7月31日起生 效。 ...

高勇軍先生 （副董事長） 孔霞女士 王剛先生 施驚雷先生 杜中明先生 任瑋先生 獨立非執行董事 劉洪渭先生 何家樂先生 王令方先生 冷平先生 沈塵女士 1 附註： （於中華人民共和國註冊成立的股份有限公司） （股份代號：1576） 董事名單及其角色與職能 齊魯高速公路股份有限公司董事（「董事」）會（「董事會」）成員載列如下： 執行董事 段鵬先生 陳修林先生 非執行董事 2025年7月31日 2 審計委員會 薪酬與考核委員會 提名委員會 戰略委員會 段鵬先生 ╱ ╱ ╱ M 高勇軍先生 ╱ ╱ ╱ M 孔霞女士 ╱ ╱ ╱ M 王剛先生 ╱ ╱ ╱ M 施驚雷先生 M ╱ ╱ ╱ 劉洪渭先生 M C ╱ ╱ 何家樂先生 C ╱ ╱ ╱ 王令方先生 ╱ M C ╱ 冷平先生 ╱ M M ╱ 沈塵女士 ╱ ╱ M ╱ 董事會下有4個專門委員會。各董事在該等委員會擔任的職位如下： 「C」是指委員會主席 「M」是指委員會成員 ...

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，概不對因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。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：1576） 董事長、執行董事、提名委員會主席、 董事長、執行董事、提名委員會主席、戰略委員會主席、法定代表人及授權 代表辭任 齊魯高速公路股份有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事（「董 事」）會（「董事會」）謹此宣佈，王振江先生（「王先生」）因工作調動原因辭任本公 司董事長、執行董事、董事會提名委員會（「提名委員會」）主席、董事會戰略委員 會（「戰略委員會」）主席、法定代表人及就香港聯合交易所有限公司證券上市規則 （「上市規則」）第3.05條而言的授權代表（「授權代表」）的職務，有關辭任自2025年 7月31日起生效。王先生已向本公司確認，彼與董事會並無任何意見分歧，亦無 任何有關彼辭任上述職位的其他事宜須敦請本公司股東（「股東」）垂注。 本公司將適時就有關委任戰略委員會主席作出進一步公告。 董事會謹藉此機會對王先生在任職期內為 ...

1. Report Industry Investment Rating - No relevant content provided. 2. Core Viewpoints of the Report - The report analyzes Shandong provincial state - owned capital investment and operation companies from four dimensions: establishment background and process, positioning and consolidated business directions, assets and profitability, and outstanding bonds and bond valuations [2]. - Shandong provincial state - owned capital investment and operation companies' construction process can be divided into three stages: transferring state - owned capital to the provincial social security fund (2014 - 2017), introducing Shandong Guohui and transferring 20% of social security funds to it (2018 - 2020), and restructuring the social security fund council into Caixin Company and reorganizing the provincial investment and operation platforms (2020 - present) [2][8][9]. - These companies can be classified into five types according to their functions and business directions: state - owned capital operation companies, diversified industrial investment companies, focused industrial investment companies, financial investment companies, and policy - oriented investment companies [3][15]. - The asset scale of 12 provincial state - owned capital investment and operation companies in Shandong is significantly differentiated, and the asset structure varies greatly due to different functional positioning and business segments. Their profitability is good but has been under pressure in recent years [4][31][43]. - The outstanding bonds are mainly public bonds, and the scale is also significantly differentiated. Shandong Development, Shandong Guotou, Shandong Land, Shandong Steel Group, and Shandong High - speed have relatively low weighted ChinaBond valuation yields [5][52]. 3. Summary According to the Directory 3.1 Emergence: Establishment of Shandong Provincial Investment and Operation Companies - In 2013, the Third Plenary Session of the 18th Central Committee proposed to reform the state - owned capital authorization and operation system. Shandong Province launched a new round of state - owned enterprise reform [6]. - In 2014, Shandong issued the "26 Articles on Shandong State - owned Enterprise Reform", and in 2015, it passed the "1 + 5" documents, which jointly formed the top - level design for the construction of Shandong's state - owned investment and operation platforms [7]. - The construction process of Shandong provincial state - owned capital investment and operation companies has three stages: transferring state - owned capital to the social security fund, introducing Shandong Guohui, and restructuring and integrating platforms [2][8][9]. 3.2 Anchoring Direction: Company Positioning and Consolidated Business Directions - Companies are divided into five types: state - owned capital operation companies (e.g., Shandong Guotou), diversified industrial investment companies (e.g., Hualu Group, Lushang Group, Shandong Guohui), focused industrial investment companies (e.g., Shandong Energy, Shandong Gold, Shandong High - speed, Shandong Steel Group), financial investment companies (e.g., Luxin Group), and policy - oriented investment companies (e.g., Shandong Land, Shandong Development, Shandong Finance) [3][15]. - Each type of company has its own core business and development strategy. For example, Shandong Guotou focuses on IT business, Hualu Group on high - end chemical industry, and Luxin Group on financial services [19][20][23]. 3.3 Financial Perspective: Company Assets and Profitability 3.3.1 Asset Dimension - Asset scale is significantly differentiated, divided into four echelons. Shandong High - speed and Shandong Energy have over - trillion - yuan asset scales, while Shandong Development has the smallest scale [31]. - Asset composition varies. There are four types based on the consolidated statements: assets mainly formed by industrial subsidiaries' businesses, financial assets and long - term equity investments in financial subsidiaries, assets mainly formed by equity investments, and assets mainly formed by government - function infrastructure and its investment and financing services [32][34][35]. 3.3.2 Profitability Dimension - The overall profitability of 12 companies is good but has been under pressure in recent years. Since 2022, the overall revenue growth has slowed down, and the net profit has declined [43]. - In terms of revenue structure, 7 companies have more retained operating profits, 4 companies' profits mainly come from investment income, and Shandong Steel's investment income is an important source of profit due to industry downturn [44]. 3.4 Bond Market: Outstanding Bonds and Bond Valuation Overview - Outstanding bonds are mainly public bonds, and the scale is significantly differentiated. Shandong High - speed has the highest outstanding bond scale, while Shandong Development and Hualu Group have the smallest [52]. - Shandong Development, Shandong Guotou, Shandong Land, Shandong Steel Group, and Shandong High - speed have relatively low weighted ChinaBond valuation yields, less than 2% [52].

Financial Performance - The company achieved a revenue increase of 12% year-over-year, driven by higher toll collection from increased traffic[3]. - The company reported a net profit margin of 25% for the fiscal year 2024, reflecting improved operational efficiency[3]. - The company's revenue for the reporting period was approximately RMB 7,021,823 thousand, an increase of about 25.19% compared to RMB 5,608,829 thousand last year, primarily driven by accelerated construction progress of expansion projects[35]. - Revenue from highway operations was approximately RMB 1,044,796 thousand, a decrease of about 8.73% from RMB 1,144,716 thousand last year, with toll revenue from Jizhao Expressway declining by 11.63% and from Deshang and Xinnan Expressway by 5.78%[36]. - The company reported a gross profit of RMB 740,590 thousand, down from RMB 811,984 thousand last year, reflecting a decrease of approximately 8.77%[34]. - The net profit attributable to the parent company was approximately RMB 484,586 thousand, a decrease of about 7.74% from last year's RMB 525,260 thousand, primarily due to a significant decline in toll revenue from the Jinan-Heze Expressway project[48]. - The company's debt increased to RMB 10,608,789 thousand, up from RMB 7,102,515 thousand last year, indicating a rising leverage ratio[34]. - The company's net asset return rate was 7.89%, down from 8.92% last year, reflecting a decline in profitability[34]. Operational Efficiency - The company is focusing on new technology development, particularly in electronic toll collection systems, to enhance operational efficiency[11]. - The company reported a comprehensive improvement in operational efficiency, with key performance indicators showing an upward trend despite external challenges[27]. - The company is committed to enhancing its operational efficiency through ongoing projects and potential mergers and acquisitions[18]. - The management team is focused on enhancing operational efficiency and safety through refined management practices and advanced management concepts[73]. - The company aims to optimize business processes and implement management innovations to ensure profitability amid external environmental changes[142]. Market Expansion and Strategy - The company plans to expand its market presence by entering into a comprehensive procurement framework agreement with Shandong Expressway Group for the period from 2024 to 2026[7]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its service offerings[3]. - The company has established a strategic committee to oversee its long-term planning and market expansion strategies[24]. - The company aims to enhance its market presence through strategic expansions and collaborations in the transportation and construction sectors[27]. - The company is committed to becoming a leading domestic comprehensive service provider for expressways, focusing on high-quality, sustainable development in the upcoming years[30]. Corporate Governance - The board of directors consists of 14 members, including 3 executive directors and 5 independent non-executive directors, ensuring compliance with corporate governance standards[84]. - The company has adopted all applicable provisions of the Corporate Governance Code, enhancing its governance system to protect shareholder interests and improve accountability[76]. - The audit committee is composed of three directors, with independent non-executive director He Jiale serving as the chairman[99]. - The board has adopted a diversity policy, considering factors such as gender, age, cultural background, professional experience, and skills when appointing members[112]. - The company has implemented a mechanism to manage conflicts of interest and ensure independent opinions are obtained[122]. Social Responsibility and Community Engagement - The company has actively engaged in social responsibility initiatives, promoting community welfare and employee engagement through various programs[28]. - The company emphasizes the importance of investor relations management and has established regulations to optimize this area, aiming to enhance transparency and protect shareholder rights[154]. - The company is committed to timely and accurate information disclosure, ensuring compliance with applicable laws and regulations[155]. Technological Innovation - The company is dedicated to sustainability and has implemented measures to reduce its environmental impact while maintaining operational efficiency[167][170]. - The company is actively involved in the development of new technologies and products to enhance its service offerings and meet market demands[165][171]. - The company has initiated the construction of the second phase of the Smart Transportation Industrial Park, indicating a strategic focus on technological innovation[27]. Employee Engagement and Development - The company has a strong focus on human resources, with initiatives aimed at improving employee engagement and professional development[167][169]. - The company has a total of 672 employees, with 250 female employees, representing approximately 37% of the workforce[116]. - Among the employees, 552 (about 82%) are aged between 30 and 50, reflecting a focus on age diversity[116]. Financial Services and Agreements - The company entered into a financial services framework agreement with Shandong Expressway Group, effective from January 1, 2024, to December 31, 2026, for deposit and other financial services[7]. - The company is involved in various financial services, including bank acceptance bills and domestic guarantees[15]. Infrastructure Development - The company achieved a significant milestone with the completion of the Jinan-Heze Expressway expansion project, which opened to traffic in December, featuring a "dual eight-lane" design[27]. - Total investment in the Jinan-Heze Expressway expansion project reached RMB 130.96 billion, with RMB 41.51 billion invested in 2024 alone[69]. - The new toll standards for the Jinan-Heze Expressway expansion section will be implemented starting December 20, 2024[63].

Financial Performance - Revenue increased by approximately 25.19% to approximately RMB 7,021,823 thousand[3] - Profit attributable to owners of the parent decreased by approximately 7.74% to approximately RMB 484,586 thousand[3] - Earnings per share was approximately RMB 0.23, down from RMB 0.25 in the previous year[4] - Total other income and gains increased to RMB 107,465 thousand in 2024 from RMB 71,454 thousand in 2023, representing a growth of 50.4%[31] - Pre-tax profit decreased to RMB 657,269 thousand in 2024 from RMB 713,591 thousand in 2023, a decline of 7.9%[36] - The net profit for Jinan Xinyue in 2024 was RMB 2,003,000, down 55.7% from RMB 4,519,000 in 2023[45] - The net profit attributable to the parent company was approximately RMB 484,586 thousand, a decrease of about 7.74% from RMB 525,260 thousand last year, mainly due to reduced toll revenue from the Jizhao Highway expansion project[78] Revenue Breakdown - Customer contract revenue reached RMB 7,020,098,000, with significant contributions from construction and other services amounting to RMB 5,975,302,000[27] - Revenue from highway operations was RMB 1,044,796,000, while construction and other businesses contributed RMB 5,975,302,000[27] - The construction and other business segment generated revenue of approximately RMB 5,975,302 thousand, up about 33.92% from RMB 4,461,812 thousand last year, driven by the expansion project and other construction activities[69] - The company's revenue for 2024 was RMB 43,807,000, a decrease of 1.7% from RMB 44,555,000 in 2023[45] Assets and Liabilities - Total non-current assets increased to RMB 19,013,898 thousand from RMB 12,601,803 thousand[5] - Total current liabilities rose significantly to RMB 4,851,534 thousand from RMB 1,722,537 thousand[6] - Net current liabilities amounted to RMB 2,789,814 thousand compared to net current assets of RMB 182,692 thousand in the previous year[6] - Total assets less current liabilities increased to RMB 16,224,084 thousand from RMB 12,784,495 thousand[6] - Total equity attributable to owners of the parent increased to RMB 6,083,759 thousand from RMB 5,924,955 thousand[6] Financial Reporting Standards - The group has adopted new and revised Hong Kong Financial Reporting Standards, including HKFRS 16 and HKAS 1, with no impact on the financial position or performance[12] - The group has reassessed its liability terms and conditions as of January 1, 2023, and found that the classification of liabilities remains unchanged after the initial application of the revisions[12] - The company expects no significant impact on its financial statements from the recent amendments to Hong Kong Financial Reporting Standards[22] - The amendments to financial reporting standards clarify the treatment of financial assets and liabilities, with no expected significant impact on the group's financial statements[21] Dividends - Proposed final dividend for the year 2024 is RMB 0.1 per share (tax included)[3] - Proposed final dividend per ordinary share is RMB 0.100 in 2024, down from RMB 0.150 in 2023, reflecting a total of RMB 200,000 thousand compared to RMB 300,000 thousand in the previous year[36] - The board of directors proposed a final cash dividend of RMB 0.1 per share, totaling RMB 200,000,000 for the fiscal year ending December 31, 2024[107] - The dividend distribution plan will be submitted for approval at the 2024 Annual General Meeting scheduled for June 26, 2025[108] Investments and Projects - The company has made significant investments in urban renewal projects, including RMB 400,000,000 in a comprehensive development project and RMB 280,000,000 in a marine information industry project[51] - The company invested RMB 100,000,000 in the Pingdu Water Supply Pipeline project with a fixed return rate of 10%, expecting a total amount of RMB 101,190,000 by December 31, 2024[52] - The Jinan to Heze expressway expansion project has a total estimated investment of RMB 18.6 billion and spans 152.7 kilometers, expanding from a four-lane to an eight-lane highway[95] - The group achieved a cumulative investment completion of RMB 13.096 billion for the Jinan to Heze expressway expansion project by the end of 2024, with RMB 4.151 billion invested in 2024 alone[96] Employee and Operational Metrics - Employee compensation expenses totaled approximately RMB 230,855 thousand, an increase from RMB 203,667 thousand in the previous year[82] - The group employed a total of 672 employees as of December 31, 2024, down from 696 employees as of December 31, 2023[82] - The average daily traffic for Jizhao Expressway was approximately 37,233 vehicles, while for Deshang Expressway it was about 54,997 vehicles, and for Xinnan Expressway it was around 11,006 vehicles[87] Compliance and Governance - The company has adopted all applicable provisions of the Corporate Governance Code and has complied with the standards set forth[104] - The company has confirmed compliance with the standards for securities transactions by directors and supervisors[105]

Qilu Expressway Company Limited 齊魯高速公路股份有限公司 於中華人民共和國註冊成立的股份有限公司 Interim Report 中期報告 2024 股份代號：1576 中 期 報 告 2024 目錄 2 釋義 公司資料 管理層討論與分析 其他資料 獨立審閱報告 中期簡明合併損益及綜合收益表 中期簡明合併財務狀況表 中期簡明合併權益變動表 中期簡明合併現金流量表 中期簡明合併財務資料附註 | --- | |-------| | | | 5 | | 7 | | 18 | | 23 | | 24 | | 25 | | 27 | | 28 | | 30 | 釋義 在本報告中，除非文義另有所指，下列詞語具有如下含義： 「2023年度股東大會」 本公司於2024年6月26日召開及舉行之2023年度股東大會 「審計委員會」 董事會審計委員會 「董事會」 本公司董事會 「本公司」 齊魯高速公路股份有限公司，於2016年12月6日在中國成立的股份有限公司 「公司法」 《中華人民共和國公司法》 「控股股東」 具有《上市規則》賦予該詞彙的涵義 「《企業管治守則》」 載於《上市規則》附錄C1的《企業管 ...