证券代码:600269 证券简称:赣粤高速 公告编号：临2026-007 江西赣粤高速公路股份有限公司 关于控股子公司与私募基金合作投资事项 进展公告 公司控股子公司上海嘉融投资管理有限公司（以下简称嘉融公司） 与上海孚腾私募基金管理有限公司（以下简称孚腾资本）等 17 家企 业签署合伙协议，共同设立合伙企业。合伙企业的认缴出资总额为 275,000 万元，其中嘉融公司作为有限合伙人认缴出资 3,000 万元， 认缴出资比例为 1.091%。具体内容详见公司 2026 年 1 月 14 日披露 于上海证券交易所官网（www.sse.com.cn）的《关于控股子公司嘉融 公司与私募基金合作投资的公告》（公告编号：临 2026-004）。 二、本次对外投资进展情况 近日，合伙企业在中国证券投资基金业协会完成私募投资基金备 案登记手续，备案信息如下： 基金名称：上海孚展创业投资合伙企业（有限合伙） 基金编号：SBNZ17 基金管理人名称：上海孚腾私募基金管理有限公司 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： ...

Group 1 - The core viewpoint of the news is that 24 companies have released their performance reports for 2025, with significant variations in revenue and profit growth among them [1][2][3] - Poly Developments reported the highest revenue at 308.26 billion yuan, but experienced a slight decline of 1.09% year-on-year [1][3] - Among the companies, 16 reported revenue growth, with the highest increase of 37.18% from Siyuan Electric, achieving 21.21 billion yuan in revenue [1][2] Group 2 - In terms of net profit, all companies that released performance reports were profitable, with five companies exceeding 10 billion yuan in net profit [2] - CITIC Bank led with a net profit of 70.62 billion yuan, reflecting a year-on-year growth of 2.98% [2][3] - The largest net profit growth was seen in Quanyuan Spring, which reported a net profit of 0.15 billion yuan, up 147.89% year-on-year [2]

Market Overview - The railway and highway sector experienced a slight decline of 0.04% on January 19, with Gansu Expressway leading the drop [1] - The Shanghai Composite Index closed at 4114.0, up by 0.29%, while the Shenzhen Component Index closed at 14294.05, up by 0.09% [1] Stock Performance - Notable gainers in the railway and highway sector included: - Fulin Transportation (002357) with a closing price of 12.88, up by 3.87% [1] - Hainan Highway (000886) with a closing price of 6.59, up by 2.01% [1] - Gansu Expressway (600269) was the biggest loser, closing at 4.95, down by 3.13% [2] Trading Volume and Value - The trading volume and value for selected stocks in the sector were significant, with Hainan Highway achieving a transaction value of 2.03 billion [1] - The overall net inflow of main funds in the railway and highway sector was 116 million, while retail investors saw a net outflow of approximately 93.9 million [2] Fund Flow Analysis - Key stocks with significant main fund inflows included: - Hainan Highway with a net inflow of 156.56 million [3] - Fulin Transportation with a net inflow of 311.04 million [3] - Retail investors showed a notable outflow from Gansu Expressway, totaling approximately 35.94 million [3]

Core Viewpoint - As of January 16, a total of 167 stocks in the Shanghai and Shenzhen markets have experienced net financing inflows for five consecutive days or more, indicating strong investor interest in these stocks [1] Group 1: Stocks with Notable Financing Inflows - The stock with the longest consecutive net financing inflow is Shenwan Hongyuan, which has seen net inflows for 14 consecutive trading days [1] - Other stocks with significant consecutive net financing inflows include China Merchants Bank, Jiayuan Technology, Lens Technology, Songsheng Co., Kaisa Bio, Gansu Expressway, New Asia Electronics, and Huaten Hotel [1]

Core Insights - The article discusses the performance forecasts and reports of 20 companies that released their earnings reports for the year 2025, highlighting the accuracy of earnings quick reports compared to earnings forecasts [1] Group 1: Revenue Performance - The highest revenue among the companies that released earnings quick reports is from CITIC Bank, achieving a revenue of 212.475 billion yuan, with a year-on-year decrease of 0.55% [1] - Following CITIC Bank, Shanghai Pudong Development Bank and Yangtze Power reported revenues of 173.964 billion yuan and 85.882 billion yuan, respectively [1] - Out of the 20 companies, 14 reported a year-on-year increase in revenue, with the highest growth rate recorded by Siyuan Electric, which achieved a revenue of 21.205 billion yuan, marking a growth of 37.18% [2] - CITIC Securities and Beiding Co. followed with revenue growth rates of 28.75% and 26.04%, respectively [2] Group 2: Profit Performance - All companies that released earnings quick reports reported profits, with five companies achieving net profits exceeding 10 billion yuan [2] - CITIC Bank led in net profit with 70.618 billion yuan, reflecting a year-on-year increase of 2.98% [2] - Shanghai Pudong Development Bank and Yangtze Power reported net profits of 50.017 billion yuan and 34.167 billion yuan, respectively [2] - Among the companies, 13 reported a year-on-year increase in net profit, with the highest growth seen in Quanyuan Spring, which achieved a net profit of 0.015 billion yuan, up by 147.89% [2] - Beiding Co. and Siyuan Electric also showed significant net profit growth rates of 59.05% and 54.35%, respectively [2]

（文章来源：证券日报） 证券日报网讯 1月16日，赣粤高速发布公告称，公司2025年度营业总收入62.92亿元，同比增长5.14%； 归属于上市公司股东的净利润13.20亿元，同比增长3.18%。 ...

Group 1 - Xianghe Industrial signed a contract worth 43.1041 million yuan with China Railway 15th Bureau, accounting for approximately 6.5% of the company's projected revenue for 2024 [1] - Dayu Water-saving's subsidiary won a bid for a project valued at 133 million yuan, with a construction period of 545 days [2] - China National Materials International's subsidiary signed a contract worth 299 million Canadian dollars for engineering design and procurement services [3] Group 2 - Baoland expects a net loss of approximately 75 million yuan for 2025, compared to a loss of 58.7224 million yuan in the previous year [4] - Changhong High-tech received an administrative regulatory decision due to inadequate internal controls and improper revenue recognition [5] - Debon Stock will be suspended from trading on January 21, 2026, pending a decision on its delisting [6] Group 3 - Haitai Technology anticipates a net profit increase of 226.86% to 323.97% for 2025, with an expected profit of 51.5 million to 66.8 million yuan [7] - Fushun Special Steel expects a net loss of 770 million to 870 million yuan for 2025, compared to a profit of 112 million yuan in the previous year [8] - Rejing Bio forecasts a net loss of 210 million to 230 million yuan for 2025, compared to a loss of 191 million yuan in the previous year [10] Group 4 - Sanyou Chemical expects a net profit of approximately 91 million yuan for 2025, a decrease of about 82% compared to the previous year [11] - Lianhuan Pharmaceutical received approval for clinical trials of a new drug for benign prostatic hyperplasia [12] - Samsung New Materials anticipates a net loss for 2025, indicating a decline in operational performance [13] Group 5 - Jinggong Technology expects a net profit increase of 36.1% to 70.13% for 2025, with an estimated profit of 200 million to 250 million yuan [14] - Zhongsheng Pharmaceutical's subsidiary signed a licensing agreement for the production and commercialization of RAY1225 injection, with total payments expected to reach 1 billion yuan [15] - Hengshuai shares saw a reduction of 600,000 convertible bonds held by its controlling shareholder [16] Group 6 - Buchang Pharmaceutical plans to repurchase shares worth 60 million to 120 million yuan for employee stock ownership plans [17] - Baike Bio expects a net loss of 220 million to 280 million yuan for 2025, marking a shift from profit to loss [18] - Weishi Electronics anticipates a net profit decrease of 53.27% to 61.61% for 2025, with expected profits of 21.49 million to 26.16 million yuan [19] Group 7 - China Automotive Research expects a net profit increase of 17.85% for 2025, with a projected profit of 1.06 billion yuan [20] - Hualan Biological's controlling shareholder raised the upper limit of its shareholding plan to 86.66 yuan per share [22] - Nasda anticipates a net loss for 2025, indicating a decline in financial performance [23] Group 8 - Haizheng Pharmaceutical received a warning letter from the Zhejiang Securities Regulatory Commission for financial data inaccuracies [24] - Mengguli received an administrative regulatory decision for accounting errors in its financial reports [25] - Zhongguancun's subsidiary received acceptance for a drug application for a heart-related treatment [26] Group 9 - Hosheng Silicon Industry was ordered to correct information disclosure violations by the Zhejiang Securities Regulatory Commission [27] - Meiteng Technology expects a net profit decrease of 22.4551 million to 28.5285 million yuan for 2025, a reduction of 55.21% to 70.14% [28] - Sanwei Co. received a warning letter for financial irregularities related to related party transactions [29] Group 10 - Ganyue Expressway expects a net profit increase of 3.18% for 2025, with a projected profit of 1.32 billion yuan [30] - Xinhang New Materials plans to acquire 51% of Hairete for 12.8826 million yuan [31] - China Software anticipates a net loss of 41 million to 49 million yuan for 2025, an improvement from the previous year's loss [32] Group 11 - Rongsheng Development expects a net loss for 2025, with losses not exceeding the previous year's audited net assets [33] - Northern Rare Earth anticipates a net profit increase of 117% to 135% for 2025, with expected profits of 2.176 billion to 2.356 billion yuan [34] - Energy-saving Wind Power received renewable energy subsidies totaling 1.507 billion yuan, a 122.74% increase from the previous year [35] Group 12 - Dongzhu Ecology expects a net loss of 935 million to 1.135 billion yuan for 2025, compared to a loss of 630 million yuan in the previous year [36] - Jingneng Real Estate anticipates a net loss of 986 million to 1.315 billion yuan for 2025, compared to a loss of 109 million yuan in the previous year [37] - Hailu Heavy Industry signed new orders worth 1.941 billion yuan for 2025, with total orders on hand amounting to 3.597 billion yuan [38] Group 13 - Dalian Thermal Power expects a net loss of 92 million to 112 million yuan for 2025, compared to a loss of 146 million yuan in the previous year [39] - Jiangsu Sop expects a net profit decrease of 52.99% to 62.4% for 2025, with profits projected between 8 million to 10 million yuan [40] - Lian Technology plans to initiate preparations for issuing H-shares and listing on the Hong Kong Stock Exchange [42] Group 14 - Zhenyang Development expects a net profit decrease of 58.13% to 64.94% for 2025, with profits projected between 67 million to 80 million yuan [43] - Sheneng Co. reported a 1.7% decrease in power generation for 2025, with total generation of 57.654 billion kWh [44] - XGIMI Technology's subsidiary received a development notification from a well-known domestic automotive manufacturer [45] Group 15 - Wanhua Chemical's MDI Phase II facility resumed production after maintenance [46] - Daqing Energy expects a net loss of 1 billion to 1.3 billion yuan for 2025, with a reduction in losses compared to the previous year [47]

Core Viewpoint - Gansu Expressway (600269.SH) reported a total operating revenue of 6.292 billion yuan for the year 2025, representing a year-on-year increase of 5.14%, and a net profit attributable to shareholders of 1.32 billion yuan, up 3.18% year-on-year [1] Group 1: Financial Performance - The total operating revenue for 2025 reached 6.292 billion yuan, marking a 5.14% increase compared to the previous year [1] - The net profit attributable to shareholders was 1.32 billion yuan, reflecting a year-on-year growth of 3.18% [1] Group 2: Factors Influencing Performance - The company benefited from the release of synergies within the highway network, enhancing traffic convenience and public travel demand, which led to a steady increase in traffic volume across most of its road sections, resulting in higher toll service revenue compared to the same period last year [1] - The company effectively leveraged its financing brand advantage, accurately assessed interest rate trends, and continuously reduced financing costs, leading to a decrease in financial expenses compared to the previous year [1]

Core Viewpoint - Gansu Expressway (600269.SH) reported a total operating revenue of 6.292 billion yuan for the year 2025, reflecting a year-on-year growth of 5.14%, while the net profit attributable to shareholders reached 1.32 billion yuan, up 3.18% year-on-year [1] Group 1: Financial Performance - The total operating revenue for 2025 was 6.292 billion yuan, marking a 5.14% increase compared to the previous year [1] - The net profit attributable to shareholders was 1.32 billion yuan, which represents a year-on-year growth of 3.18% [1] Group 2: Factors Influencing Performance - The company benefited from the synergistic effects of the highway network, which enhanced transportation convenience and increased public travel demand, leading to a steady growth in traffic volume across most of its road sections [1] - The company effectively leveraged its financing brand advantage, accurately assessed interest rate trends, and continuously reduced financing costs, resulting in a decrease in financial expenses compared to the previous year [1]

Core Viewpoint - Ganyue Expressway (600269) reported a revenue of 6.292 billion yuan for 2025, reflecting a year-on-year growth of 5.14%, and a net profit attributable to shareholders of 1.32 billion yuan, up 3.18% year-on-year, indicating a positive trend in financial performance driven by increased traffic flow and service revenue [1]. Financial Performance - The total operating revenue for the company in 2025 reached 6.292 billion yuan, marking a 5.14% increase compared to the previous year [1]. - The net profit attributable to shareholders was reported at 1.32 billion yuan, which represents a year-on-year growth of 3.18% [1]. Operational Insights - The release of synergistic effects from the highway network has enhanced transportation convenience and public travel demand [1]. - The majority of the company's road sections experienced steady growth in traffic volume, contributing to an increase in toll service revenue compared to the same period last year [1].