Market Overview - The Shanghai Composite Index is at 3884.87 points, above the six-month moving average, with a slight increase of 0.03% [1] - The total trading volume of A-shares today is 21,403.55 billion yuan [1] Stocks Breaking Six-Month Moving Average - A total of 47 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - Haosheng Electronics (12.03%) - Senqilin (4.06%) - Shuguang Co., Ltd. (3.72%) [1] Stock Performance Data - The following stocks have notable performance metrics: - Haosheng Electronics: Today's increase of 14.32%, turnover rate of 7.33%, six-month average price of 21.38 yuan, latest price at 23.95 yuan [1] - Senqilin: Today's increase of 5.90%, turnover rate of 6.52%, six-month average price of 20.00 yuan, latest price at 20.81 yuan [1] - Shuguang Co., Ltd.: Today's increase of 5.15%, turnover rate of 10.89%, six-month average price of 3.74 yuan, latest price at 3.88 yuan [1]

登录新浪财经APP 搜索【信披】查看更多考评等级 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： ●回购注销原因：经四川路桥建设集团股份有限公司（以下简称公司或四川路桥）第八届董事会第五十 七次会议审议，鉴于公司《2021年限制性股票激励计划（草案）》（以下简称《2021年激励计划》）首 次授予的6名激励对象在第二个解除限售期因故出现《2021年激励计划》规定的不能解除限售或者不能 全部解除限售的情形，公司将对前述6名激励对象第二个解除限售期不能解除限售的105,840股限制性股 票进行回购注销；同时，《2021年激励计划》首次及预留部分第三个解除限售期的解除限售条件中公司 层面业绩考核指标未达到规定的解除限售条件，公司将对第三个解除限售期对应的14,343,000股限制性 股票予以回购注销。综上，公司本次将回购注销14,448,840股已获授但尚未解除限售的限制性股票。 ●本次注销股份的有关情况 ■ 一、本次限制性股票回购注销的决策与信息披露 1、2025年6月27日，公司召开第八届董事会第五十七次会议、第八 ...

北京康达（成都）律师事务所 关于四川路桥建设集团股份有限公司 2021 年限制性股票 四川省成都市东御街 18 号百扬大厦 1 栋 11 楼邮编：610000 法律意见书 电话/TEL:（028）87747485 传真/FAX： （028）86512848 网址/WEBSITE：www.kangdacdlawyers.com 激励计划之部分限制性股票回购注销相关事项的 法律意见书 康达（成都）法意字[2025]第 0507 号 二〇二五年八月 北京 BEIJING 上海 SHANGHAI 广州 GUANGZHOU 深圳 SHENZHEN 海口 HAIKOU 西 安 XI'AN 天津 TIANJIN 杭州 HANGZHOU 南京 NANJING 沈阳 SHENYANG 成都 CHENGDU 菏泽 HEZE 苏 州 SUZHOU 武汉 WUHAN 香港 HONGKONG 呼和浩特 HUHEHAOTE 1厦门 XIAMEN 长沙 CHANGSHA 重 庆 CHONGQING 郑州 ZHENGZHOU 合肥 HEFEI 宁波 NINGBO 济南 JINAN 昆明 KUNMING 南昌 NANCHANG 法律意见书 北 ...

Core Viewpoint - The company will repurchase and cancel a total of 14,448,840 restricted stocks due to certain performance conditions not being met under the 2021 incentive plan [1][2][4] Summary by Sections 1. Reasons for Repurchase and Cancellation - The repurchase and cancellation of restricted stocks are based on the failure of six incentive recipients to meet the conditions for lifting restrictions during the second release period, resulting in 105,840 shares being repurchased [1][2] - Additionally, due to unmet performance targets at the company level, 14,343,000 shares corresponding to the third release period will also be repurchased [1][2] 2. Details of the Repurchase and Cancellation - The total number of restricted stocks to be repurchased and canceled is 14,448,840 shares, involving 369 incentive recipients [3] - The repurchase process has been initiated with the China Securities Depository and Clearing Corporation Limited, and the cancellation is expected to be completed by August 28, 2025 [3] 3. Changes in Share Structure - Following the cancellation, the share structure will be as follows: - Total unrestricted circulating shares: 6,715,566,605 (unchanged) - Total restricted circulating shares: 1,994,472,880 reduced by 14,448,840 to 1,980,024,040 - Total shares before cancellation: 8,710,039,485 reduced to 8,695,590,645 [3] 4. Compliance and Commitments - The company assures that the decision-making process and information disclosure comply with relevant laws and regulations, and it commits to bearing legal responsibilities for any disputes arising from this repurchase [3][4]

Group 1 - The company, Sichuan Road and Bridge Construction Group Co., Ltd., is proceeding with the repurchase and cancellation of 14,448,840 restricted stocks due to certain performance conditions not being met for the incentive plan [2][3] - The repurchase involves 369 incentive targets, and after the cancellation, there will be 2,310,000 restricted stocks remaining under the 2021 incentive plan [3] - The legal opinion issued by Beijing Kangda (Chengdu) Law Firm confirms that the necessary legal procedures have been followed for this repurchase and cancellation [1][3] Group 2 - The company held its eighth board meeting and the 44th supervisory board meeting on June 27, 2025, where the repurchase and cancellation proposal was approved [2] - The repurchase includes 105,840 shares for six incentive targets who could not fully lift the restrictions during the second lifting period, and 14,343,000 shares for those not meeting performance criteria in the third lifting period [2][3] - The company has opened a dedicated securities account for the repurchase and has applied for the necessary procedures to complete the cancellation by August 28, 2025 [3]

金融界消息 截至2025年8月25日收盘，四川路桥（600039）报收于8.37元，上涨0.6%，换手率0.46%， 成交量30.70万手，成交金额2.56亿元。 资金流向方面，今日主力资金净流入1377.01万元，占比成交额5.38%。其中，超大单净流入1312.63万 元、占成交额5.13%，大单净流入64.37万元、占成交额0.25%，中单净流出流出2814.62万元、占成交额 10.99%，小单净流入1437.61万元、占成交额5.61%。 四川路桥最新一期业绩显示，截至2025一季报，公司营业总收入229.86亿元、同比增长3.98%，归属净 利润17.74亿元，同比增长0.99%，扣非净利润17.76亿元，同比增长2.05%，流动比率1.275、速动比率 1.211、资产负债率77.62%。 来源：金融界 通过天眼查大数据分析，四川路桥建设集团股份有限公司共对外投资了22家企业，参与招投标项目2294 次，知识产权方面有商标信息25条，专利信息63条，此外企业还拥有行政许可16个。 天眼查商业履历信息显示，四川路桥建设集团股份有限公司，成立于1999年，位于成都市，是一家以从 事土木工程建筑业为主 ...

证券代码：600039 证券简称：四川路桥 公告编号：2025-087 四川路桥建设集团股份有限公司 关于股权激励限制性股票回购注销实施公告 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： ●回购注销原因：经四川路桥建设集团股份有限公司（以下简称公司或四川 路桥）第八届董事会第五十七次会议审议，鉴于公司《2021 年限制性股票激励 计划（草案）》（以下简称《2021 年激励计划》）首次授予的 6 名激励对象在 第二个解除限售期因故出现《2021 年激励计划》规定的不能解除限售或者不能 全部解除限售的情形，公司将对前述 6 名激励对象第二个解除限售期不能解除限 售的 105,840 股限制性股票进行回购注销；同时，《2021 年激励计划》首次及预 留部分第三个解除限售期的解除限售条件中公司层面业绩考核指标未达到规定 的解除限售条件，公司将对第三个解除限售期对应的 14,343,000 股限制性股票予 以回购注销。综上，公司本次将回购注销 14,448,840 股已获授但尚未解除限售的 限制性股票。 ●本次注销股份 ...

法律意见书 四川省成都市东御街 18 号百扬大厦 1 栋 11 楼邮编：610000 11th floor, building 1, Baiyang building, No. 18, Dongyu street, Chengdu, Sichuan 电话/TEL:（028）87747485 传真/FAX：（028）86512848 网址/WEBSITE：www.kangdacdlawyers.com 北京康达（成都）律师事务所 关于四川路桥建设集团股份有限公司 2021 年限制性股票 激励计划之部分限制性股票回购注销相关事项的 法律意见书 康达（成都）法意字[2025]第 0507 号 二〇二五年八月 1 北京 BEIJING 上海 SHANGHAI 广州 GUANGZHOU 深圳 SHENZHEN 海口 HAIKOU 西安 XI'AN 天津 TIANJIN 杭州 HANGZHOU 南京 NANJING 沈阳 SHENYANG 成都 CHENGDU 菏泽 HEZE 苏州 SUZHOU 武汉 WUHAN 香港 HONGKONG 呼和浩特 HUHEHAOTE 厦门 XIAMEN 长沙 CHANGSHA 重庆 CH ...

Market Overview - On August 25, the A-share market experienced a significant upward trend, with the Shanghai Composite Index approaching 3900 points and the ChiNext Index leading in gains [1] - The total trading volume of the two markets reached 3.14 trillion yuan, an increase of 594.4 billion yuan compared to the previous trading day [1] ETF Performance - The Dividend Low Volatility ETF (512890) rose by 0.83% on the same day, closing at 1.219 yuan, with a turnover rate of 2.59% and a trading volume of 546 million yuan, making it the top performer among similar ETFs [2][3] - As of August 22, 2025, the asset size of the ETF was 20.992 billion yuan, with a daily average trading volume of 483 million yuan over the past 20 trading days, indicating sustained market interest [2] Fund Flow Analysis - Recent fund flows indicate short-term outflows and medium to long-term inflows, with a net outflow of 57 million yuan over the past five trading days and 117 million yuan over the past ten days; however, there was a net inflow of 3.298 billion yuan over the past 60 days [2] - The ETF's cumulative return since its establishment in December 2018 has reached 141.74%, significantly outperforming its benchmark and ranking 33rd among 502 similar products [5] Holdings and Sector Focus - The ETF's top holdings are primarily in the banking sector, including Chengdu Bank, Industrial Bank, Sichuan Road and Bridge, and Daqin Railway, which all saw price increases on August 25, aligning with their high dividend and low valuation characteristics [4] - The frequency of insurance capital stake acquisitions has significantly increased in 2025, with nearly 30 instances by August 19, focusing on high-dividend, low-volatility sectors such as banking and utilities, which enhances market attention and capital inflow expectations for the ETF's holdings [4]

Core Viewpoint - The opening of the first fully enclosed expressway in Bangladesh, the Dhaka Bypass Expressway, is expected to alleviate traffic congestion in the capital Dhaka and inject new momentum into regional economic vitality [1] Group 1: Project Overview - The Dhaka Bypass Expressway project is invested, constructed, and operated by Sichuan Road and Bridge Group Co., Ltd. with a total length of approximately 48 kilometers and a total investment of 4.12 billion USD [1] - The first phase of the expressway, covering 18 kilometers, officially commenced operations on the 24th [1] Group 2: Economic Impact - The expressway is strategically located in the eastern part of Dhaka, connecting the northern and northeastern industrial zones of Bangladesh and linking multiple national highways [1] - It serves as a crucial transportation route between Dhaka and Chittagong, the second-largest city in Bangladesh, which is expected to enhance regional economic activities [1]