Group 1 - The core point of the article is that Shandong Highway Group successfully issued the first integrated energy company bond in the country, raising 1 billion yuan [1] - The bond has a term of 3 years and a coupon rate of 1.94% [1] - The funds raised from the bond issuance will be directed towards photovoltaic construction projects at service areas and toll stations [1]

Core Points - The company held its 15th meeting of the 10th Board of Directors on September 10, 2025, with 10 members present [1] - Two proposals were approved during the meeting: participation in the issuance of an asset-backed special plan and the scheduling of a temporary shareholders' meeting [1] Proposal Details - The company plans to participate in the issuance of an asset-backed special plan with a total amount not exceeding 3 billion yuan, pending approval from the shareholders' meeting [1] - The company will act as the differential payment guarantor, while its subsidiary, Shandong Gaobao Finance, will be the original rights holder [1] - The second temporary shareholders' meeting is scheduled for September 26, 2025 [1] Voting Outcome - Both proposals received unanimous approval with 10 votes in favor, and no votes against or abstentions [1]

在正式启用前，省交通运输厅、省税务局、山东高速集团进行对接与统筹推进。山东省税务局完成 全省56家运营管理单位的业务接入审核；山东高速集团率先在G2京沪高速济南至莱芜段7个收费站成功 试点。根据试点经验，所有运营单位与主管税务机关在10个工作日内完成了全省高速公路人工收费车道 数电发票的一次开通、全面上线。 数电发票目前只针对人工收费车道，ETC车道的开票方式不受影响。司乘人员在人工车道缴费后申 请开具的电子发票，将由原税控电子发票自动转为数电发票。开票流程维持原有模式不变，司乘人员仍 可通过"山东省高速公路人工收费电子发票"微信小程序等渠道进行操作。 交通运输部路网监测与应急处置中心副主任王刚表示，结合山东省在人工车道数电切换实践过程中 形成的有益经验和创新做法，形成全国人工车道统一可复制、可推广的经验模式。按照交通运输部和国 家税务总局总体安排，全国分两批在今年年底前完成ETC数电切换工作。（记者 万兵兵） 9月6日，山东在全国率先实现全省域高速公路人工收费车道（MTC）数字化电子发票（以下简 称"数电发票"）上线启用，标志着山东省高速公路通行费发票实现数字化升级。 数电发票是指将发票的票面要素及管理过程 ...

山东高速股份有限公司 二〇二五年九月 议案一：关于取消监事会、变更公司注册资本并修订《公司章程》的议案 ... 5 会议通知 山东高速股份有限公司 2025 年第三次临时股东大会 山东高速股份有限公司 关于召开 2025 年第三次临时股东大会的通知 各位股东： 公司拟定于2025年9月16日（周二）召开2025年第三次临时股东大会，会议 具体通知如下： 上海分公司登记在册的公司股东；因故不能出席的股东，可以以书面形式委托代 理人出席会议和参加表决。 七、会议登记方法 的，应出示本人身份证、代理委托书和持股凭证）办理登记手续；法人股股东凭 单位营业执照复印件、法人股东账户卡、法人代表授权委托书及出席人员身份证 办理登记手续；异地股东可以通过信函或传真登记。（授权委托书详见附件） 会议通知 山东高速股份有限公司 2025 年第三次临时股东大会 八、参与网络投票的程序事项 证券交易系统向公司股东提供网络形式的投票平台，公司股东可以在网络投票时 间内通过上述系统行使表决权。 九、其他事项： 地址：山东省济南市奥体中路5006号 邮政编码：250101 联系人：隋荣昌先生 山东高速股份有限公司董事会 附件 1：授权委托 ...

山东高速股份有限公司 2025 年第三次临时股东大会 二〇二五年九月 1 目录 山东高速股份有限公司 2025 年第三次临时股东大会 目录 | 会议通知 | | 1 | | --- | --- | --- | | 会议议程 | | 4 | | 议案一：关于取消监事会、变更公司注册资本并修订《公司章程》的议案 | ... | 5 | | 议案二：关于修订《股东会议事规则》的议案 | | 7 | | 议案三：关于修订《董事会议事规则》的议案 | | 8 | | 议案四：关于修订《对外担保管理办法》的议案 | | 9 | | 议案五：关于修订《关联交易管理办法》的议案 | | 18 | | 议案六：关于修订《独立董事工作办法》的议案 | | 32 | | 议案七：关于修订《募集资金管理办法》的议案 | | 43 | 会议通知 山东高速股份有限公司 2025 年第三次临时股东大会 山东高速股份有限公司 关于召开 2025 年第三次临时股东大会的通知 各位股东： 公司拟定于2025年9月16日（周二）召开2025年第三次临时股东大会，会议 具体通知如下： 一、会议时间：2025年9月16日11点00分 二、会议地点：公 ...

Core Points - The company, Shandong Expressway Bridge Group Co., Ltd., announced the holding of a half-year performance briefing for 2025 on September 12, 2025 [1][5] - The briefing will be conducted online via the Shenzhen Stock Exchange's "Interactive Easy" platform, allowing investors to participate remotely [1][2] - The company encourages investors to submit questions in advance to enhance the relevance of the discussion during the briefing [2][3] Summary by Sections - **Announcement Details** - The company disclosed its 2025 half-year report on August 30, 2025, on the Giant Tide Information Network [1] - The performance briefing is scheduled for September 12, 2025, from 15:00 to 16:00 [1] - **Investor Engagement** - The company is actively seeking investor questions prior to the briefing to address common concerns during the session [2] - Investors can access the briefing through the "Cloud Interview" section on the Interactive Easy platform [2]

记者王瑞超 尼莱智慧城市建设项目计划在未来十年内投资70亿美元(折合501亿元人民币),建设内容包括年产10万台 新能源汽车及零部件的汽车制造中心、高科技智能制造中心,医疗城及商业中心等配套设施。作为EPC 总承包方,山东高速集团将承担项目设计、采购和施工等全流程建设工作。框架协议签署后,该集团将根 据业主投入、客户需求和基金回购进度,分七期推进项目实施；其中首期承包合同额约16亿美元(折合 114.5亿元人民币)。项目建成后将为当地创造超过5万个就业岗位。 此次签约是山东高速集团深入贯彻落实中央周边工作会议精神,充分发挥交通主业全产业链优势,持续加 大国际市场开拓力度的又一力举。 今年以来,山东高速集团新签境外工程项目合同额约270亿元,同比增长360%,业务覆盖45个国家,连续7年 入选ENR全球最大250家国际承包商,位列全球第51位,居地方国企首位。同时,该集团运营的山东中欧班 列开行1970列,同比增长2.1%,运输货值超150亿元；完成进出口额43.5亿元,同比增长278%。 下一步,山东高速集团将加快海外重点项目建设和重点区域市场开发,持续提升国际市场核心竞争力和"山 高.行"品牌海外影响力,助 ...

Market Overview - On September 3, the railway and highway sector declined by 1.01%, with Shentong Metro leading the drop [1] - The Shanghai Composite Index closed at 3813.56, down 1.16%, while the Shenzhen Component Index closed at 12472.0, down 0.65% [1] Individual Stock Performance - Shentong Metro (600834) closed at 8.71, down 4.18% with a trading volume of 95,000 shares and a transaction value of 84.02 million yuan [2] - Other notable declines include: - Jinjiang Online (600650) down 3.80% to 15.70 - Sanxia Tourism (002627) down 3.57% to 6.49 - Jiangxi Changyuan (600561) down 3.45% to 6.72 [2] Capital Flow Analysis - The railway and highway sector experienced a net outflow of 275 million yuan from institutional investors, while retail investors saw a net inflow of 122 million yuan [2] - The sector's overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors are entering the market [2] Detailed Capital Flow by Stock - Key stocks with significant capital flow include: - Beijing-Shanghai High-Speed Railway (601816) saw a net inflow of 37.66 million yuan from institutional investors but a net outflow from retail investors [3] - Sichuan Chengyu (601107) had a net inflow of 8.81 million yuan from institutional investors, while retail investors withdrew funds [3] - Shanxi Expressway (000755) experienced a net inflow of 6.48 million yuan from institutional investors but a significant outflow from retail investors [3]

Group 1 - Gree Electric Appliances completed a share buyback plan with a total investment of 2.099 billion yuan [2] - Shanxi Expressway's actual controller plans to increase shareholding by 30 million to 60 million yuan [2] - Qingdao Bank's Guoxin Chanquan intends to buy back 233 million to 291 million shares [2] Group 2 - Putian Technology's industrial investment fund reduced its shareholding by 0.8766% [2] - Binhai Energy's shareholder Jian Lin reduced his stake by over 1% [2] - Yandong Micro's Yizhuang Guotou plans to reduce its shareholding by no more than 1% [2] - A shareholder holding over 5% in Zhonggang Longneng intends to reduce its stake by no more than 3% [2] - Zhonggang Longneng's shareholder Guoxin Shuangbai No. 1 plans to reduce its stake by no more than 1% [2]

Core Viewpoint - Shandong Expressway Bridge Group Co., Ltd. has shown significant improvement in cash flow and overseas business expansion, while also enhancing shareholder returns through increased dividends and share buybacks [1] Group 1: Financial Performance - In the first half of 2025, the company's net cash flow from operating activities increased by 33.79% year-on-year, attributed to a stable economy and effective measures to alleviate local fiscal pressure [1] - The company has established a collection task force to strengthen the collection of receivables and contract assets, aiming to reduce asset impairment provisions in the future [1] Group 2: Asset Impairment and Management - The company strictly follows accounting standards to recognize bad debt provisions, with the main assets affected being receivables and contract assets [1] - Future strategies include enhancing the "dual clearance" work to ensure the rights of contract assets and receivables, while focusing on high-quality clients [1] Group 3: Overseas Business Development - In the first half of 2025, the company achieved a bidding amount of 9.434 billion yuan in overseas construction projects, with a focus on emerging markets such as South America, Central Asia, and Southeast Asia [1] - The company has a complete industrial chain and rich construction qualifications, which strengthens its competitive advantage in international bidding [1] Group 4: Shareholder Returns - Since meeting dividend conditions, the company has consistently increased its total dividend amount, introducing semi-annual and quarterly dividends starting in 2024 [1] - The company plans to continue share buybacks and increase cash dividends to enhance shareholder value and market confidence [1] Group 5: Market Outlook - The Shandong provincial government plans to invest 250 billion yuan in comprehensive transportation by 2025, with significant expansions in highway infrastructure [1] - As the largest highway contractor in Shandong, the company is positioned to benefit from ongoing infrastructure development in the province [1]