Core Viewpoint - The company has received approval for the issuance of a short-term financing bond amounting to 4 billion RMB, which is valid for two years and can be issued in multiple tranches [1] Group 1: Financing Details - The company received a registration notice from the China Interbank Market Dealers Association for a total of 40 billion RMB in short-term financing bonds [1] - The registration is valid for two years from the date of the notice and allows for multiple issuances [1] - The third tranche of the financing bond was issued on November 17, 2025 [1]

| 证券简称:楚天高速 | | 证券代码:600035 | 公告编号:2025-057 | | --- | --- | --- | --- | | 公司债简称：25 | 楚天 K1 | 公司债代码：242698 | | 特此公告。 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法律责任。 湖北楚天智能交通股份有限公司董事会 湖北楚天智能交通股份有限公司（以下简称"公司"）于 2025 年 9 月收到 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〕SCP245 号），交易商协会决定接受公司人民币 40 亿元 的超短期融资券注册，注册额度自通知书落款之日起 2 年内有效，可分期发行。 2025 年 11 月 19 日 公司于 2025 年 11 月 17 日发行了 2025 年度第三期超短期融资券，现将发行 情况公告如下： 湖北楚天智能交通股份有限公司 关于 2025 年度第三期超短期融资券发行情况的公告 | | 发行要素 | | | | --- | --- | --- | --- | | ...

Core Points - The company held its 31st meeting of the 8th Board of Directors on November 17, 2025, via telecommunication, in compliance with the Company Law and its articles of association [1] - The meeting approved the adjustment of members in various specialized committees, with unanimous support [1] Committee Adjustments - **Audit Committee**: Hu Huaxia was elected as the chairman, with the committee now consisting of Hu Huaxia, Yu Mingyuan, and Ding Jianwan [1] - **Strategic Committee**: Hu Huaxia was elected as a member, with the committee now including Wang Nanjun (chairman), Zhou Anjun, Yang Jianguo, Ruan Yiheng, Yu Mingyuan, Ding Jianwan, and Hu Huaxia [2] - **Compensation and Assessment Committee**: Hu Huaxia was elected as a member, with the committee now comprising Yu Mingyuan (chairman), Hu Huaxia, and Song Xiaofeng [3] - **Nomination Committee**: The members remain unchanged, consisting of Ding Jianwan (chairman), Yu Mingyuan, and Liu Gang [4]

Core Insights - The railway and highway sector experienced a decline of 0.59% on November 17, with Chongqing Road and Bridge leading the drop [1] - The Shanghai Composite Index closed at 3972.03, down 0.46%, while the Shenzhen Component Index closed at 13202.0, down 0.11% [1] Sector Performance - Notable gainers in the railway and highway sector included: - Fujian Expressway (600033) with a closing price of 3.95, up 3.13% and a trading volume of 1.0689 million shares, totaling 420 million yuan in transaction value [1] - Fulin Yuantong (002357) closed at 11.10, up 1.46% with a trading volume of 270,200 shares, amounting to 307 million yuan [1] - Hunan Investment (000548) closed at 6.01, up 1.01% with a trading volume of 128,600 shares, totaling 76.9436 million yuan [1] - Major decliners included: - Chongqing Road and Bridge (600106) closed at 6.29, down 2.78% with a trading volume of 284,000 shares [2] - Dongguan Holdings (000828) closed at 11.62, down 2.02% with a trading volume of 90,900 shares [2] - Anhui Expressway (600012) closed at 15.00, down 1.64% with a trading volume of 90,800 shares [2] Capital Flow - The railway and highway sector saw a net outflow of 286 million yuan from major funds, while retail investors contributed a net inflow of 184 million yuan [2]

| 证券简称:楚天高速 | | | 证券代码:600035 | 公告编号:2025-056 | | --- | --- | --- | --- | --- | | 公司债简称：25 | 楚天 | K1 | 公司债代码：242698 | | 湖北楚天智能交通股份有限公司 第八届董事会第三十一次会议决议公告 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法律责任。 湖北楚天智能交通股份有限公司（以下简称"公司"）第八届董事会第三十 一次会议（临时会议）于 2025 年 11 月 17 日（星期一）上午以通讯表决方式召 开。本次会议的通知及会议资料于 2025 年 11 月 14 日以书面或电子邮件的方式 送达全体董事。会议的召集召开符合《公司法》和公司章程的有关规定。会议审 议并通过以下决议： 选举胡华夏先生为审计委员会主任委员，调整后审计委员会由胡华夏、虞明 远、丁建完组成，胡华夏为主任委员。 审议通过了《关于调整董事会各专门委员会成员的议案》。（同意 9 票， 反对 0 票，弃权 0 票） 2.战略委员会 经审议，决定对董事会各专门委员 ...

Core Viewpoint - Chutian Expressway announced the convening of its 30th temporary board meeting on November 17, 2025, to discuss adjustments to the members of various specialized committees [1] Group 1: Company Overview - Chutian Expressway's revenue composition for the year 2024 is as follows: 93.3% from toll road operations and 6.7% from smart technology business [1] - As of the report date, Chutian Expressway has a market capitalization of 6.7 billion yuan [1]

| 证券代码：600035 | | | 证券简称：楚天高速 | 公告编号：2025-055 | | --- | --- | --- | --- | --- | | 公司债简称：25 | 楚天 | K1 | 公司债代码：242698 | | 湖北楚天智能交通股份有限公司 2025年第二次临时股东会决议公告 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法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 142 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 892,751,653 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 55.4464 | | 份总数的比例（%） | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，股东会主持情况 (五) 公司董事和董事会秘书的出席情况 二、 议案审议情况 (一) 累积投票议案表决情况 1、 关于选举独立董事的议案 | | | | 得票数占出席 | | | -- ...

英达律师事务所 法律意见书 湖北英达律师事务所 中国武汉市新华路 186 号福星国际商会大厦 18 楼 关于湖北楚天智能交通股份有限公司 电话：86.27.85350032 传真：86.27.85350997 邮政编码：430022 2025 年第二次临时股东会的 网址:www.yingdalaw.com 法律意见书 二○二五年十一月十四日 湖北英达律师事务所 关于湖北楚天智能交通股份有限公司 2025 年第二次临时股东会的 法律意见书 致：湖北楚天智能交通股份有限公司 湖北英达律师事务所（下称"本所"）受湖北楚天智能交通股份有限公司（下 称"公司"）委托，指派本所律师刘杰、胡楚涵参加公司于2025年11月14日召开的 2025年第二次临时股东会（下称"本次股东会"），并根据《中华人民共和国公司 法》（下称"《公司法》"）、《中华人民共和国证券法》（下称"《证券法》"）、 《上市公司股东会规则》（下称"《股东会规则》"）以及《湖北楚天智能交通股 份有限公司章程》（下称"《公司章程》"）的有关规定，就本次股东会的召集和 召开程序、出席会议人员的资格、召集人资格、会议表决程序和表决结果的合法 有效性出具法律意见。 ...

Core Points - The Hubei state-owned enterprise reform sector experienced a decline of 0.99% on November 12, with Hubei Yihua leading the drop [1] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] Stock Performance Summary - Hubei Yihua (000422) saw a significant drop of 3.21%, closing at 15.40, with a trading volume of 592,900 shares and a transaction value of 908 million [2] - Other notable declines included Xianglong Electric (600769) down 2.64% and Donghu Gaoxin (600133) down 1.96% [2] - In contrast, Quanta Car Ding (301048) increased by 2.68%, closing at 13.41, with a trading volume of 253,100 shares and a transaction value of 333 million [1] Capital Flow Analysis - The Hubei state-owned enterprise reform sector saw a net outflow of 888 million from institutional investors, while retail investors contributed a net inflow of 746 million [2] - The capital flow for individual stocks showed that Sanxia Tourism (002627) had a net inflow of 10.51% from institutional investors, despite a net outflow from retail investors [3] - Overall, the sector's performance indicates a mixed sentiment among different types of investors, with institutional investors pulling back while retail investors remained active [2][3]

Core Viewpoint - The stock price of Chutian Expressway (600035.SH) has been declining despite the overall market reaching new highs, influenced by various factors, while the company's operations remain normal [1] Group 1: Stock Performance - Investors have raised concerns about the declining stock price of Chutian Expressway amidst a rising market [1] - The company attributes the stock price fluctuations to multiple factors, indicating that the current market conditions do not reflect its operational performance [1] Group 2: Smart Driving and Infrastructure - There is a growing interest in smart driving technology, prompting inquiries about whether Chutian Expressway's highways are equipped for such advancements [1] - The company has not provided specific details on the readiness of its infrastructure for smart driving [1] Group 3: Financial Outlook - Chutian Expressway is currently undergoing expansion and renovation of its core asset, the Hanyi Expressway, which is expected to impact profits during the initial traffic cultivation phase [1] - However, the long-term outlook is positive, with expectations of improved financial performance and operational results post-project completion [1]