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 致：香港交易及結算所有限公司 公司名稱: 滄港鐵路有限公司 呈交日期: 2026年1月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02169 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | 上月底結存 | | | 40,000,000,000 | HKD | | 0.0025 HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 40,000,000,000 | HKD | | 0.0025 HKD | | 100,000,000 | 本月底法定/註冊股本總額： HKD 100,000,000 截至月份: 2025年12月31日 ...

智通财经APP获悉，香港联交所最新资料显示，12月29日，沧港铁路(02169)股东将股票由钜诚证券转入 浦发银行，转仓市值1.60亿港元，占比5.12%。 根据沧港铁路此前发布的2025年中期业绩，收益1.32亿元(人民币，下同)，同比下降0.3%；公司权益股 东应占溢利3087.8万元，同比增长17.2%；每股基本盈利0.80分。 ...

智通财经APP获悉，香港联交所最新资料显示，12月29日，沧港铁路(02169)股东将股票由钜诚证券转入 浦发银行，转仓市值1.60亿港元，占比5.12%。 根据沧港铁路此前发布的2025年中期业绩，收益1.32亿元(人民币，下同)，同比下降0.3%；公司权益股 东应占溢利3087.8万元，同比增长17.2%；每股基本盈利0.80分。 ...

香港联交所最新资料显示，12月19日，沧港铁路(02169)股东将股票由申万宏源证券香港转入鉅诚证 券，转仓市值1.62亿港元，占比5.54%。 根据沧港铁路此前发布的2025年中期业绩，收益1.32亿元(人民币，下同)，同比下降0.3%；公司权益股 东应占溢利3087.8万元，同比增长17.2%；每股基本盈利0.80分。追加内容 12月19日，沧港铁路(02169)股东将股票由申万宏源证券香港转入鉅诚证券，转仓市值1.62亿港元，占比 5.54%。 本文作者可以追加内容哦 ! ...

根据沧港铁路此前发布的2025年中期业绩，收益1.32亿元(人民币，下同)，同比下降0.3%；公司权益股 东应占溢利3087.8万元，同比增长17.2%；每股基本盈利0.80分。 香港联交所最新资料显示，12月19日，沧港铁路(02169)股东将股票由申万宏源证券香港转入钜诚证 券，转仓市值1.62亿港元，占比5.54%。 ...

智通财经APP获悉，香港联交所最新资料显示，12月19日，沧港铁路(02169)股东将股票由申万宏源证券 香港转入钜诚证券，转仓市值1.62亿港元，占比5.54%。 根据沧港铁路此前发布的2025年中期业绩，收益1.32亿元(人民币，下同)，同比下降0.3%；公司权益股 东应占溢利3087.8万元，同比增长17.2%；每股基本盈利0.80分。 ...

截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 滄港鐵路有限公司 呈交日期: 2025年12月1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 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02169 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 40,000,000,000 | HKD | | 0.0025 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 40,000,000,000 | HKD | | 0.0025 | HKD | | 100,000,000 | 本月 ...

Core Viewpoint - Canggang Railway is at risk of being removed from the Hong Kong Stock Connect due to its average market capitalization of HKD 49.60 billion, which is below the threshold of HKD 60.07 billion, and its declining stock liquidity [1][3] Financial Performance - In the first half of 2025, Canggang Railway reported revenue of HKD 13.17 million, a slight decrease of 0.3% compared to HKD 13.21 million in the same period of 2024, primarily due to a 0.5% decline in core railway freight business revenue [4] - The company's net profit for the same period was HKD 30.88 million, reflecting a year-on-year increase of 17.2%, attributed to cost control and improved operational efficiency [4] - For the full year of 2024, the company experienced a significant revenue drop of 25.82% to HKD 25.9 million, mainly due to reduced demand in the coal market [5] Business Structure and Risks - Canggang Railway's core business is heavily reliant on coal transportation, which accounts for over 85% of its revenue, making it vulnerable to fluctuations in coal demand and regulatory changes related to energy transition [3][5] - The company has been facing liquidity issues, with its stock liquidity often falling below the required threshold, as evidenced by liquidity measurements from May to November 2025 [2] Management Actions - Recent actions by the company's executives, including significant share sell-offs by the chairman, have raised concerns about internal confidence in the company's future performance [6] - In contrast, the Hebei Cangzhou Transportation Control Group has increased its stake in Canggang Railway, indicating a commitment to support the company and stabilize market confidence [7] Future Outlook - Canggang Railway plans to expand its operations through new branch line construction, infrastructure upgrades, and market diversification strategies to mitigate reliance on coal [8] - The success of these initiatives will be crucial for the company to achieve sustainable growth and reduce its dependency on coal transportation [8]

Core Viewpoint - Canggang Railway is at risk of being removed from the Hong Kong Stock Connect due to its average market capitalization of HKD 49.60 billion being below the threshold of HKD 60.07 billion, alongside a significant decline in stock liquidity and trading volume [1][3]. Financial Performance - In the first half of 2025, Canggang Railway reported revenue of HKD 13.17 million, a slight decrease of 0.3% compared to HKD 13.21 million in the same period of 2024, primarily due to a 0.5% drop in core railway freight business revenue [4]. - The company's net profit for the same period was HKD 30.88 million, reflecting a year-on-year increase of 17.2%, attributed to cost control and improved operational efficiency [4]. - For the full year of 2024, Canggang Railway's revenue was HKD 25.9 million, a decrease of 25.82% year-on-year, mainly due to reduced demand in the coal market impacting core freight business [5]. Business Structure and Risks - Canggang Railway's core business is heavily reliant on coal transportation, which accounts for over 85% of its revenue, making it vulnerable to fluctuations in coal demand and regulatory changes aimed at reducing carbon emissions [3][5]. - The company has been facing significant stock price volatility, with a cumulative decline of over 36% from its peak in October 2023, leading to concerns about its liquidity and market confidence [1][3]. Management Actions - Recent actions by the company's executives, including significant share sell-offs by the chairman, have raised concerns about internal confidence in the company's future performance [6]. - In contrast, the Hebei Cangzhou Transportation Control Group has increased its stake in Canggang Railway, indicating a commitment to support the company and stabilize market confidence [7]. Future Outlook - Canggang Railway plans to enhance its operations through new branch line construction, infrastructure upgrades, and market expansion into new freight categories to mitigate the risks associated with its heavy reliance on coal [8]. - The company's ability to diversify its revenue streams and reduce dependence on coal will be critical for its long-term sustainability and growth potential [8].

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 致：香港交易及結算所有限公司 公司名稱: 滄港鐵路有限公司 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 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02169 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 40,000,000,000 | HKD | | 0.0025 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 40,000,000,000 | HKD | | 0.0025 | HKD | | 100,000,000 | 本月 ...