Company Overview - Wuzhou Transportation (SH 600368) announced on November 14 that its 10th Board of Directors held its 33rd meeting via telecommunication to review the proposal for the composition and election of the 11th Board of Directors [1] Financial Performance - For the year 2024, Wuzhou Transportation's revenue composition is as follows: 63.23% from the highway transportation industry, 31.19% from trade logistics, 4.78% from other businesses, 0.65% from asset management, and 0.15% from the financial sector [1] Market Position - As of the report date, Wuzhou Transportation has a market capitalization of 7.1 billion yuan [1]

Group 1 - Shanxi Expressway has achieved a consecutive two-day increase in stock price [1] - Other companies such as Sichuan Chengyu, Chutian Expressway, Jilin Expressway, Zhongyuan Expressway, Wuzhou Transportation, and Gan Guangdong Expressway have also seen stock price rises [1]

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。 广西五洲交通股份有限公司（以下简称"公司"）自 2025 年 10 月 28 日起迁 至新址办公，办公地址及投资者联系电话等发生变更，现将有关事项公告如下： 办公地址：广西壮族自治区南宁市良庆区庆歌路 20 号五洲交通大厦 41-43 层（原富雅•国际商务大厦 A 座）； 证券代码：600368 证券简称：五洲交通 公告编号：临 2025-041 广西五洲交通股份有限公司 关于变更办公地址及投资者联系电话的公告 证券事务代表电话：0771-2516905； 传真号码：0771-2516989。 除上述变更内容外，公司注册地址、电子邮箱、公司网址等联系方式均保持 不变。以上变更信息自公告发布之日起正式启用，敬请广大投资者注意。 特此公告。 1 邮政编码：530200； 董事会秘书电话：0771-2516968； 广西五洲交通股份有限公司董事会 2025 年 10 月 29 日 ...

Core Viewpoint - The company plans to issue short-term financing bonds to enhance its capital reserves, optimize its financing structure, and broaden its financing channels [1] Group 1: Financing Strategy - The company intends to raise funds by issuing short-term financing bonds within the People's Republic of China [1] - The total amount of short-term financing bonds to be issued will not exceed 5 billion RMB, including 5 billion RMB [1] - The issuance can be conducted in multiple tranches [1]

证券代码：600368 证券简称：五洲交通 公告编号：临 2025-039 广西五洲交通股份有限公司 第十届董事会第三十二次会议决议公告 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个别及连带责任。 一、 会议召开和出席情况 （二）会议通知和材料发出时间和方式 本次会议通知及会议材料于 2025 年 10 月 17 日以电子邮件的方式发出。 （三）会议召开时间、地点、召开方式等情况 会议召开时间：广西五洲交通股份有限公司（以下简称"公司"）第十届董 事会第三十二次会议于 2025 年 10 月 27 日（星期一）上午，以通讯表决方式召 开。 （四）会议出席情况 会议应表决董事 11 人，实际表决董事 11 人，分别是吴忠杰、杨旭东、许国 平、张劢、黄英强、玉莉、王小雪董事和邵旭东、廖东声、莫伟华、李崇刚独立 董事。 二、 会议议题审议情况 会议审议通过以下议案并作出决议： （一）广西五洲交通股份有限公司 2025 年第三季度报告 公司董事会审计委员会 2025 年第五次会议审议通过《公司 2025 年第三季 度报告》及 2025 年三季 ...

证券代码：600368 证券简称：五洲交通 公告编号：临 2025-040 六、承销方式：主承销商以余额包销的方式承销本次短期融资券。 七、募集资金的用途：本次债券募集资金扣除发行费用后用于偿还公司债务， 以及用于补充流动资金等。 广西五洲交通股份有限公司 关于拟注册 5 亿元短期融资券的公告 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。 广西五洲交通股份有限公司（以下简称"公司"）为加大资金储备力度，优 化融资结构，拓宽融资渠道，结合公司存量债务还本付息的需求，拟以发行短期 融资券的方式筹集资金。具体方案如下： 一、发行主体：广西五洲交通股份有限公司。 二、发行金额：在中华人民共和国境内注册不超过 5 亿元（含 5 亿元）人民 币的短期融资券，发行余额不超过 5 亿元，可分期发行。 三、债券期限：一年以内。 四、利率：固定利率，票面利率根据簿记建档结果确定，在本期短期融资券 存续期内固定不变。 五、发行对象：全国银行间债券市场的机构投资者（国家法律、法规禁止的 投资者除外）。 4、如监管政策或市场条件发生变化，可依据监 ...

Core Viewpoint - Wuzhou Transportation reported a decline in revenue and net profit for the first three quarters of 2025 compared to the previous year, indicating potential challenges in its financial performance [1]. Financial Performance - Revenue for the first three quarters of 2025 was approximately 1.205 billion yuan, a year-on-year decrease of 0.86% [1]. - The net profit attributable to shareholders was about 508 million yuan, reflecting a year-on-year decline of 10.26% [1]. - Basic earnings per share were 0.3158 yuan, also down by 10.26% year-on-year [1]. Market Capitalization - As of the report, Wuzhou Transportation's market capitalization stood at 7 billion yuan [2].

Group 1 - The core point of the article is that Wuzhou Transportation (SH 600368) held its 32nd meeting of the 10th Board of Directors on October 27, 2025, via telecommunication, where it reviewed the internal audit management system and other documents [1] - For the year 2024, Wuzhou Transportation's revenue composition is as follows: 63.23% from the highway transportation industry, 31.19% from trade logistics, 4.78% from other businesses, 0.65% from asset management, and 0.15% from the financial sector [1] - As of the report date, Wuzhou Transportation has a market capitalization of 7 billion yuan [1]

Financial Performance - The company's operating revenue for the third quarter was ¥391,930,568.71, a decrease of 7.98% compared to the same period last year[4] - The total profit for the quarter was ¥222,953,228.38, reflecting a decline of 9.45% year-over-year[4] - The net profit attributable to shareholders was ¥192,048,802.72, down 9.91% from the previous year[4] - The basic earnings per share for the quarter was ¥0.1193, a decrease of 9.95% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2025 was CNY 1,205,113,149.28, a decrease of 0.38% compared to CNY 1,215,577,940.29 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was CNY 506,800,808.50, down 10.00% from CNY 563,121,090.81 in the previous year[21] - Operating profit decreased to CNY 585,885,908.77, a decline of 10.26% compared to CNY 652,968,327.88 in the same period last year[21] - Earnings per share for the first three quarters of 2025 was CNY 0.3158, compared to CNY 0.3519 in the same period of 2024[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥10,538,076,516.22, an increase of 9.60% from the end of the previous year[5] - The total assets reached CNY 10,538,076,516.22, an increase from CNY 9,615,088,215.83 year-over-year[20] - The total liabilities decreased from ¥1,096,861,268.18 to ¥736,716,347.93, indicating a reduction of approximately 32.9%[16] - The total liabilities increased to CNY 3,461,277,903.79, up 22.36% from CNY 2,828,240,556.50 year-over-year[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 64,958[11] - The largest shareholder, Guangxi Transportation Investment Group Co., Ltd., holds 586,755,686 shares, accounting for 36.45% of total shares[11] - Total equity attributable to shareholders rose to CNY 7,167,775,059.44, an increase of 4.34% from CNY 6,870,257,555.58[20] Cash Flow - The cash flow generated from operating activities for the year-to-date was ¥680,557,398.29, down 20.15% compared to the previous year[5] - Net cash inflow from operating activities amounted to ¥680,557,398.29, a decrease of 20.1% compared to ¥852,323,283.89 in the previous period[26] - Cash inflow from investment activities was ¥100,291,957.51, compared to ¥82,596,276.95 in the prior period, reflecting a growth of 21.0%[26] - Cash outflow for the purchase of fixed assets and other long-term assets reached ¥920,931,490.36, significantly higher than ¥347,679,184.10 in the previous period, indicating increased investment[26] - Net cash flow from financing activities was ¥374,829,449.00, a turnaround from a net outflow of ¥484,170,988.16 in the prior period[27] - The total cash and cash equivalents at the end of the period stood at ¥684,596,350.69, down from ¥822,675,044.76 at the end of the previous period[27] - The company received cash from borrowings amounting to ¥1,326,000,000.00, compared to ¥460,000,000.00 in the previous period, indicating a significant increase in financing[27] - Cash paid for dividends and interest was ¥283,441,102.21, up from ¥214,140,194.69 in the previous period, reflecting a higher return to shareholders[27] - The net increase in cash and cash equivalents for the period was ¥234,747,314.44, compared to an increase of ¥103,069,388.58 in the previous period[27] Other Information - Non-recurring gains and losses for the quarter amounted to ¥4,944,364.14, with a year-to-date total of ¥15,369,993.76[8] - The company reported a decrease in the weighted average return on equity by 0.51 percentage points to 2.70% for the quarter[5] - The company has not disclosed any new product developments or market expansion strategies in the current report[9] - The company has completed the acquisition of an 8.21% stake in Nanning Lihe Investment Co., Ltd. for ¥5,985,200[13] - The company’s subsidiary, Guangxi Wantong International Logistics Co., Ltd., has filed for bankruptcy, and its assets are no longer included in the consolidated financial statements[13] - Long-term investments increased to ¥1,989,433,361.44 from ¥1,904,950,814.36, showing a growth of about 4.4%[15] - The company has no shareholders participating in margin trading or securities lending activities[12] - The company will not apply new accounting standards starting from 2025, as per the announcement[28]

Core Insights - The company reported a revenue of 392 million yuan for the third quarter, representing a decline of 7.98% [1] - The net profit for the third quarter was 192 million yuan, down 9.91% [1] - For the first three quarters, the total revenue was 1.205 billion yuan, a decrease of 0.86% [1] - The net profit for the first three quarters was 508 million yuan, reflecting a decline of 10.26% [1] Financial Performance - Third quarter revenue: 392 million yuan, down 7.98% [1] - Third quarter net profit: 192 million yuan, down 9.91% [1] - Year-to-date revenue (first three quarters): 1.205 billion yuan, down 0.86% [1] - Year-to-date net profit (first three quarters): 508 million yuan, down 10.26% [1]