河南中原高速公路股份有限公司 （HENAN ZHONGYUAN EXPRESSWAY COMPANY LIMITED） 2024 年年度股东会会议资料 河南中原高速公路股份有限公司 2025 年 5 月 16 日 | | | | | | 会议议程………………………………………………………………1 | | --- | --- | --- | | 1.关于公司 | 2024 | 年度董事会工作报告的议案………………………3 | | 2.关于公司 | 2024 | 年度监事会工作报告的议案……………………16 | | 3.关于公司 | 2024 | 年度独立董事述职报告的议案…………………23 | | 4.关于公司 | 2024 | 年年度报告及其摘要的议案……………………62 | | 5.关于公司 | 2024 | 年度利润分配预案的议案………………………63 | | 6.关于聘任 | 2025 | 年度审计机构的议案……………………………64 | 河南中原高速公路股份有限公司 2024 年年度股东会 会议议程 一、会议时间： 1、现场会议召开时间：2025 年 5 月 16 日 9 点 30 分 2、网络投票时 ...

证券代码：600020 证券简称：中原高速 公告编号：临2025-030 河南中原高速公路股份有限公司 关于召开2025年第一季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 会 议 问 题 征 集 ： 投 资 者 可 于 2025 年 5 月 13 日 前 访 问 网 址 https://eseb.cn/1nT6WIFtXqw 进行会前提问，公司将通过本次业绩说明会，在 信息披露允许范围内就投资者普遍关注的问题进行回答。 河南中原高速公路股份有限公司（以下简称"公司"）已于 2025 年 4 月 29 日披露公司 2025 年第一季度报告，为便于广大投资者更全面深入地了解公司 2025 年第一季度经营成果、财务状况，公司计划于 2025 年 5 月 13 日下午 15:00-16:00 举行 2025 年第一季度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年第一季度的经 营成果及财务指标的具体情况与投资者进行互动 ...

Core Insights - The transportation sector, represented by the CSI All Share Transportation Index, has shown a slight increase of 0.13% as of April 29, 2025, with notable gains from stocks like Longjiang Transportation and Wuchan Zhongda [3][4] - The Transportation ETF (159666) has experienced a 4.07% increase over the past year, with a current price of 0.95 yuan [3][4] - The ETF's net asset value has risen by 4.32% in the last year, with a maximum monthly return of 15.82% since its inception [3][4] Performance Metrics - The Transportation ETF has a year-to-date maximum drawdown of 7.56%, with a tracking error of 0.006% over the past three months [4] - The management fee for the ETF is 0.50%, and the custody fee is 0.10% [4] - The current price-to-earnings ratio (PE-TTM) for the index is 15.13, indicating a valuation lower than 93.56% of the time over the past year [4] Top Holdings - As of March 31, 2025, the top ten weighted stocks in the CSI All Share Transportation Index account for 49.96% of the index, with SF Express and Beijing-Shanghai High-Speed Railway being the largest components [5][7] - The top ten stocks include major players in logistics, rail, and aviation sectors, reflecting the overall performance of the transportation industry [5][7]

证券代码：600020 证券简称：中原高速 公告编号：临 2025－029 河南中原高速公路股份有限公司 第七届监事会第二十三次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、监事会会议召开情况 （一）河南中原高速公路股份有限公司(以下简称"公司")第七届监事会第 二十三次会议的召开符合法律、部门规章、规范性文件和《公司章程》的规定。 （二）会议通知及相关材料已于 2025 年 4 月 17 日以专人或传真、电子邮件 方式发出。 （三）会议于 2025 年 4 月 28 日上午以通讯表决方式召开。 （四）会议应出席监事 5 人，实际出席 5 人。 （五）本次会议由监事会主席冯可主持。 二、监事会会议审议情况 会议审议了通知中所列的全部事项。审议情况如下： （一）审议通过《关于公司 2025 年第一季度报告的议案》。 经审查，监事会未发现 2025 年第一季度报告的编制和审议程序存在违反法 律、法规、公司章程或公司内部管理制度规定的情形；未发现报告的内容和格式 存在不符合中国证监会和证券交易所的规定的情形 ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、董事会会议召开情况 （一）河南中原高速公路股份有限公司(以下简称"公司")第七届董事会第 三十八次会议的召开符合法律、部门规章、规范性文件和《公司章程》的规定。 （二）会议通知及相关材料已于 2025 年 4 月 17 日以专人或电子邮件方式发 出。 （三）会议于 2025 年 4 月 28 日上午以通讯表决方式召开。 （四）会议应出席董事 11 人，实际出席 11 人。 证券代码：600020 证券简称：中原高速 公告编号：临 2025－028 河南中原高速公路股份有限公司 第七届董事会第三十八次会议决议公告 2025 年 4 月 29 日 （五）本次会议由董事长刘静主持。 二、董事会会议审议情况 会议审议了通知中所列的全部事项。审议情况如下： 1 （一）审议通过《关于公司 2025 年第一季度报告的议案》。 表决结果：同意 11 票，反对 0 票，弃权 0 票。 公司《2025 年第一季度报告》于本公告日刊登在上海证券交易所网站。 特此公告。 河南中原高速公路股份有 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,299,076,678.14, representing an increase of 18.69% compared to the same period last year[4] - The net profit attributable to shareholders was CNY 355,790,743.84, reflecting a growth of 25.28% year-over-year[4] - Basic earnings per share rose to CNY 0.1444, up 28.58% from the previous year[4] - The company's total revenue for the reporting period reached CNY 1,271,761,019.59, representing an 18.88% increase compared to the previous year[13] - The main business income from the transportation industry was CNY 1,114,914,157.81, with a year-on-year growth of 5.86%[13] - The real estate business saw a significant increase in revenue, up 773.58% year-on-year, totaling CNY 19,879,290.14[13] - The construction service revenue also increased by 857.58% year-on-year, amounting to CNY 136,967,571.64[13] - The total comprehensive income for the period reached CNY 355,667,157.55, an increase from CNY 286,805,005.66 in the previous period, representing a growth of approximately 24%[22] - Basic and diluted earnings per share increased to CNY 0.1444 from CNY 0.1123, reflecting a rise of about 28.1%[22] Cash Flow and Assets - The net cash flow from operating activities increased by 48.06% to CNY 574,276,884.84, primarily due to higher toll revenue[4] - The company's cash and cash equivalents as of March 31, 2025, were CNY 510,062,309.52, up from CNY 497,419,657.31 at the end of 2024[16] - Total current assets increased to CNY 9,260,458,339.05 from CNY 8,929,848,365.86, reflecting a growth of approximately 3.7%[28] - Non-current assets remained stable at CNY 41,216,159,495.02, slightly up from CNY 41,209,399,033.50, indicating a marginal increase[29] - The net cash flow from operating activities for Q1 2025 was ¥708,246,266.35, a significant increase from ¥62,668,238.34 in Q1 2024[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 50,821[9] - The largest shareholder, Henan Transportation Investment Group Co., Ltd., held 46.2% of the shares[9] - The company has no significant changes in the shareholding structure among the top 10 shareholders during the reporting period[12] Costs and Liabilities - The cost of main business increased by 45.82% year-on-year, totaling CNY 658,393,026.67[13] - The company reported a decrease in the cost of the transportation business by 17.00%, while the cost of real estate increased by 598.87%[13] - Total liabilities decreased slightly to ¥36,869,827,320.75 from ¥36,996,059,002.30[18] - Current liabilities decreased to CNY 5,085,206,014.18 from CNY 5,345,686,377.46, representing a decline of approximately 4.9%[29] Government Support and Investment - The company received government subsidies amounting to CNY 14,381,100.90, which were closely related to its normal business operations[6] - Investment income increased by 86.37% due to significant growth in the net profit of associated enterprises[7] Strategic Focus - The company is focused on expanding its market presence and enhancing its operational efficiency through strategic initiatives[13]

中原高速（600020）公告，2025年第一季度营收为12.99亿元，同比增长18.69%；净利润为3.56亿元， 同比增长25.28%。 ...

证券代码：600020 证券简称：中原高速 公告编号：临 2025－027 河南中原高速公路股份有限公司 关于 2025 年度第一期中期票据发行结果的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 2025 年 1 月 6 日，河南中原高速公路股份有限公司（以下简称"公司"）第 七届董事会第三十五次会议审议通过了《关于公司申请注册发行非金融企业债务 融资工具的议案》。2025 年 3 月，公司收到中国银行间市场交易商协会（以下简 称"交易商协会"）出具的《接受注册通知书》（中市协注[2025]MTN259 号），交 易商协会同意接受公司 25 亿元人民币的中期票据注册，注册额度自《接受注册 通知书》落款之日起 2 年内有效，可分期发行。有关内容详见公司临 2025-002、 014 号公告。 2025 年 4 月 24 日，公司完成了 2025 年度第一期中期票据的发行，募集资 金于当日全额到账。现将发行结果公告如下： | 名称 | 河南中原高速公路股 份有限公司 2025 年度 第一期中期票据 | 简称 | 25 ...

证券代码：600020 证券简称：中原高速 公告编号：临 2025－026 河南中原高速公路股份有限公司 2025 年 3 月份通行费收入和交通量数据公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 河南中原高速公路股份有限公司（以下简称"公司"）2025 年 3 月份通行 费收入为 383,307,714.43 元，各路段情况如下： | 路段 | 通行费收入 | 交通量 | | --- | --- | --- | | | （元） | （折算数，台次） | | 京港澳高速公路郑州至漯河段 | 174,816,563.46 | 2,961,244 | | 京港澳高速公路漯河至驻马店段 | 38,691,823.51 | 1,406,997 | | 郑栾高速公路郑州至尧山段 | 64,432,095.59 | 679,179 | | 郑州至民权高速公路 | 43,810,779.34 | 887,995 | | 德上高速公路永城段 | 9,150,951.22 | 386,812 | | 商丘至登封高速公路 | 52,4 ...

Summary of the Conference Call Company Overview - The conference call discusses the annual report of a company operating in the high-speed transportation and real estate sectors, specifically focusing on its performance over the past year and future outlook. Key Financial Metrics - The company reported a revenue of **696.9 billion yuan**, an increase of **12.66 billion yuan** (approximately **1.84%**) from the previous year [1] - Revenue from the high-speed block was **4.5 billion yuan**, down **3.39%** [1][2] - Real estate revenue decreased by **47.34%**, totaling **1.31 billion yuan** [1][2] - Investment block revenue increased by **16.74%**, reaching **0.23 billion yuan** [1] - Construction service revenue surged by **198%**, amounting to **23.15 billion yuan** [1] - Financial costs decreased by **17.15%**, totaling **8.93 billion yuan** due to lower interest rates [3] - Net profit attributable to shareholders increased by **6.27%**, reaching **10.65 billion yuan** [3] Sector Performance High-Speed Block - The high-speed block's revenue decline is attributed to external factors such as weather conditions and market confidence in real estate [2] - The company is focusing on optimizing resource allocation and improving operational efficiency in this segment [4] Real Estate Sector - The real estate sector is facing challenges due to a low market environment and public confidence issues [2] - The company is actively working on cost-cutting measures and has reduced operational costs significantly [2][14] Investment and Construction Services - The investment segment saw a significant increase in revenue, primarily due to successful equity investments [3] - Construction services have benefited from increased demand, leading to a substantial revenue increase [1] Strategic Initiatives - The company is pursuing a valuation improvement plan, which includes accelerating foreign mergers and acquisitions to expand its asset base [5] - Plans to optimize resource configuration and integrate real estate blocks are underway [4][5] - The company aims to maintain a dividend payout ratio of no less than **40%** [10] Future Outlook - The company anticipates continued revenue growth in the communication team, projecting a **10%** increase compared to 2024 [11] - There are expectations for gradual recovery in traffic costs and freight income due to improved weather conditions and operational efficiencies [11][12] - The company is exploring opportunities for further acquisitions and partnerships to enhance its market position [16] Risks and Challenges - The real estate market remains a significant risk, with potential impacts on revenue and profitability due to ongoing market volatility [2][14] - The company is closely monitoring changes in government policies that could affect its operations and financial performance [17][18] Additional Insights - The company has a total capital expenditure planned for **3.98 billion yuan** in 2025, focusing on key projects like the Zhengzhou-Luoyang Expressway [7] - The debt rate is expected to be controlled at around **70%**, with ongoing efforts to manage financial expenses effectively [8] This summary encapsulates the key points discussed during the conference call, highlighting the company's financial performance, sector-specific insights, strategic initiatives, and future outlook.