股票简称：宁沪高速 股票代码：600377 编号：临 2024-059 江苏宁沪高速公路股份有限公司 一、会议召开情况 （一）江苏宁沪高速公路股份有限公司（以下简称"本公司"）第十一届董事会 第六次会议（以下简称"会议"）于2024年11月14日以现场会议及视频会议相结合的 方式召开。 （二）会议通知以邮件或专人送达的方式向董事会全体成员发出。 （三）会议应表决董事12人，会议出席董事12人。 （四）会议的召开符合《公司法》及本公司《章程》的有关规定，会议决议为有 效决议。 二、会议审议情况 本次会议审议并通过如下议案： （一）审议并批准《关于本公司向控股子公司江苏广靖锡澄高速公路有限责任公 司（以下简称"广靖锡澄公司"）同比例增资的关联交易议案》。 同意本公司以自有资金或其他符合出资要求的资金向控股子公司广靖锡澄公司 提供同比例增资，增资金额人民币 13.6 亿元，其中人民币 409,702,283 元计入广靖 锡澄公司注册资本，人民币 950,297,717 元计入广靖锡澄公司资本公积；授权执行董 事处理后续相关事宜，包括但不限于签署增资协议以及做出其认为必需、应当或适当 的修订、修改和增订，并授权本公司 ...

JIANGSU EXPRESSWAY COMPANY LIMITED 江蘇寧滬高速公路股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 1st Proof • (Q:\01. Ann\A2024-11-035_JSE\A2024-11-035_C_JSE) • (21:49 13/11/2024) • (WongYuenPing) • (AFP: C>E) • P.1 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 於2024年11月14日，本公司控股子公司龍潭大橋公司就工程物資採購 與 蘇高新材公司 簽 署 協 議，龍潭大橋公司向蘇高新材公司採購工程 建設用瀝青及新材料。協 議 期 限 為2025年1月1日 至2025年12月31日， 協議金額不超過人民幣6,000萬 元。 本 次 交 易對方 蘇高新材公司 與 本 公 司 同 受 江 蘇 交 控 控 制，根 據 上 海 上 ...

此乃要件請即處理 閣下如對本通函的任何方面或應採取的行動有任何疑問，應諮詢 閣下的股票經紀或其他註 冊證券商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已將所屬的江蘇寧滬高速公路股份有限公司的股份全部售出，應立即將本通函及隨附 的代表委任表格及股東回執送交買主，或經手買賣的銀行、股票經紀或其他代理商，以便轉 交買主。 香港交易及結算所有限公司及香港聯合交易所有限公司對本通函之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本通函全部或任何部份內容而產生或 因依賴該等內容而引致之任何損失承擔任何責任。 JIANGSU EXPRESSWAY COMPANY LIMITED 江蘇寧滬高速公路股份有限公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00177） (1)調整擬註冊的中期票據及 公司債券期限 (2)建議發行超短期融資券 (3)補選非執行董事及非職工監事 及 (4)2024年第二次臨時股東大會通知 茲定於2024年11月25日（星期一）下午3時正在中國南京市仙林大道6號舉行2024年第二次臨時 股東大會，大會通知載於本通函第N-1頁至第N-8頁，董事會函件載於 ...

(一) 股东大会类型和届次 2024 年第二次临时股东大会 召开的日期时间：2024 年 11 月 25 日 15 点 00 分 召开地点：南京市仙林大道 6 号公司会议室 (五) 网络投票的系统、起止日期和投票时间。 证券代码：600377 证券简称：宁沪高速 公告编号：2024-058 江苏宁沪高速公路股份有限公司 关于召开 2024 年第二次临时股东大会的通知 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： 一、 召开会议的基本情况 (六) 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者 的投票，应按照《上海证券交易所上市公司自律监管指引第 1 号 — 规范运 作》等有关规定执行。 (七) 涉及公开征集股东投票权 不适用 二、 会议审议事项 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过 互联网投票平台的投票 ...

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [4] Core Views - The company reported a revenue of 14.058 billion yuan for the first three quarters of 2024, representing a year-on-year growth of 21.10%. However, the revenue for the third quarter decreased by 8.37% to 4.099 billion yuan. The net profit attributable to the parent company for the first three quarters was 4.120 billion yuan, a year-on-year increase of 2.05%, with a third-quarter net profit of 1.371 billion yuan, down 11.81% year-on-year [2][6] - The decline in third-quarter performance was attributed to a delay in dividend payments, which led to a 41% decrease in investment income [6] - The company plans to invest 1.271 billion yuan in the construction of the Danjin Expressway project, which is expected to enhance its growth potential [6] Summary by Sections Financial Performance - For the first three quarters of 2024, the company achieved a revenue of 14.058 billion yuan, with a year-on-year growth of 21.10%. The third-quarter revenue was 4.099 billion yuan, down 8.37% year-on-year. The net profit attributable to the parent company for the first three quarters was 4.120 billion yuan, with a year-on-year increase of 2.05%, while the third-quarter net profit was 1.371 billion yuan, down 11.81% year-on-year [2][6] - The third-quarter revenue from toll income increased by 0.93% to 2.598 billion yuan, benefiting from increased traffic volume, while revenue from supporting businesses decreased by 8.05% to 449 million yuan due to a decline in oil product sales [6] Investment Plans - The company intends to invest 1.271 billion yuan in the Danjin Expressway project, which is a significant part of the G4013 expressway and has strong development potential. The project has a total length of 41.35 kilometers and is expected to take four years to complete [6] Earnings Forecast - The company forecasts revenues of 16.216 billion yuan, 17.069 billion yuan, and 17.149 billion yuan for 2024, 2025, and 2026, respectively, with year-on-year growth rates of 6.74%, 5.26%, and 0.47%. The net profit attributable to the parent company is expected to be 4.555 billion yuan, 4.818 billion yuan, and 5.067 billion yuan for the same years, with growth rates of 3.21%, 5.78%, and 5.16% [6][7]

Investment Rating - The report maintains a "Buy" rating for Ninghu Expressway [1] Core Views - For the first three quarters of 2024, the company achieved operating revenue of 14.06 billion RMB, a year-on-year increase of 21.1%, and a net profit attributable to shareholders of 4.12 billion RMB, a year-on-year increase of 2.1% [1] - The decline in Q3 revenue and net profit is attributed to a decrease in oil sales and reduced real estate delivery scale [1] - The company plans to invest in the construction of the Danjin Expressway to enhance its highway business sustainability, with a total project investment of approximately 14.563 billion RMB [1] Summary by Sections Financial Performance - For Q1-Q3 2024, the company reported a revenue increase of 21.1%, primarily due to increased investment in road and bridge projects. Excluding construction period revenue, the operating revenue decreased by 2.33% [1] - The gross profit margin for Q3 2024 was 47.1%, an increase of 7.8 percentage points year-on-year, mainly due to a reduction in zero-margin construction period revenue [1] - Investment income for Q3 2024 was 299 million RMB, a decrease of 41% year-on-year, primarily due to the earlier dividend distribution from Jiangsu Bank [1] Future Outlook - The net profit forecasts for 2024, 2025, and 2026 are 4.62 billion RMB, 5.42 billion RMB, and 6.20 billion RMB, respectively, maintaining the "Buy" rating [1] - The company’s initial registered capital for the Danjin Expressway project is 1.704 billion RMB, with a 74.6% ownership stake [1] Key Financial Metrics - The company’s operating revenue for 2024E is projected to be 19.84 billion RMB, with a growth rate of 30.59% [3] - The net profit for 2024E is estimated at 4.617 billion RMB, with a growth rate of 4.61% [3] - The diluted earnings per share for 2024E is expected to be 0.916 RMB [3]

Financial Performance - The company's operating revenue for Q3 2024 was approximately ¥4.10 billion, a decrease of 8.37% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was approximately ¥1.37 billion, down 11.81% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥1.46 billion, an increase of 3.26% year-on-year[2]. - Basic and diluted earnings per share for Q3 2024 were both ¥0.2722, reflecting a decrease of 11.81% compared to the same period last year[3]. - The company reported a year-to-date net profit growth of 2.05%, driven by increased toll revenue and decreased financial expenses[6]. - For the first nine months of 2024, total operating revenue reached approximately RMB 14,058,444 thousand, representing a year-on-year growth of about 21.10%[13]. - The company reported a net profit attributable to shareholders of approximately RMB 1,371,233 thousand, a decrease of about 11.81% compared to the same period last year[12]. - Net profit attributable to shareholders of the parent company was CNY 4,119,702,513.15, up from CNY 4,036,767,899.56 in the previous year, reflecting a growth of 2.0%[23]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥84.00 billion, an increase of 6.79% from the end of the previous year[3]. - The company’s equity attributable to shareholders was approximately ¥36.80 billion, an increase of 8.29% from the previous year[3]. - Total liabilities decreased slightly to CNY 36,994,277,697.92 from CNY 37,772,936,068.68, indicating a reduction of 2.1%[20]. - The total equity attributable to shareholders of the parent company increased to CNY 36,803,692,015.40 from CNY 33,987,287,307.06, reflecting an increase of 8.2%[20]. Cash Flow - The net cash flow from operating activities for the year-to-date was approximately ¥5.42 billion, a decrease of 2.46% year-on-year[2]. - The net cash flow from operating activities for Q3 2024 was ¥5,418,831,429.21, a decrease of 2.5% compared to ¥5,555,380,675.07 in Q3 2023[24]. - Total cash inflow from investment activities increased to ¥17,680,117,734.40, up 29.0% from ¥13,692,334,923.45 in the same period last year[24]. - The net cash flow from investment activities was -¥5,022,252,674.88, worsening from -¥2,277,139,103.00 in Q3 2023[24]. - Cash inflow from financing activities totaled ¥17,074,722,272.00, an increase from ¥16,385,906,000.00 year-over-year[24]. - The net cash flow from financing activities improved to -¥521,481,847.73, compared to -¥3,516,817,268.65 in Q3 2023[24]. - The ending balance of cash and cash equivalents was ¥708,700,436.49, slightly up from ¥686,437,157.91 in the previous year[25]. Revenue and Costs - Toll revenue increased to approximately RMB 2,598,382 thousand, reflecting a year-on-year growth of about 0.93%, driven by an increase in traffic volume[11]. - Operating costs for Q3 2024 were approximately RMB 2,169,700 thousand, a decrease of about 20.15% year-on-year[12]. - The cumulative operating costs for the group in the first nine months of 2024 were approximately CNY 9,139,125 thousand, an increase of 37.55% year-on-year[15]. - The company’s construction revenue for the first nine months increased by approximately 123.70% year-on-year, amounting to RMB 4,827,230 thousand, due to increased investment in road and bridge projects[13]. - The company’s real estate business reported a revenue drop of approximately 89.48% year-on-year, with revenue of RMB 7,316 thousand, due to reduced project delivery scale[11]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,110[7]. - As of the end of the reporting period, the total number of A-share shareholders was 27,734, and H-share shareholders numbered 376, totaling 28,110 shareholders[9]. Investment and Projects - The company approved an investment of approximately CNY 24.198 billion for the construction of the Xitai project, with an initial registered capital of CNY 6.5 billion[17]. - The company has terminated the guarantee responsibility for a loan of CNY 4 billion, reducing financial risk[17]. - The company operates 11 toll road and bridge projects, with operational data reflecting the performance of these assets[13]. Traffic and Revenue Trends - In the first nine months of 2024, the total vehicle flow increased by 2.48% year-on-year, reaching 71,597 vehicles per day[14]. - The average daily revenue for the Shanghai-Nanjing Expressway decreased by 1.16% to CNY 14,306.58 thousand per day compared to the previous year[14]. - The total vehicle flow for the Ningchang Expressway increased by 11.02% year-on-year, reaching 59,769 vehicles per day[14]. - The average daily revenue for the Wuxi Ring Taihu Road decreased by 5.59% to CNY 315.25 thousand per day compared to the previous year[15]. - The average daily revenue for the Yichang Expressway decreased by 4.47% to CNY 347.43 thousand per day compared to the previous year[15]. - The average daily revenue for the Zhen-Dan Expressway increased by 0.83% to CNY 268.44 thousand per day compared to the previous year[15].

股票简称：宁沪高速 股票代码：600377 编号：临 2024-057 本公司于 2024 年 10 月 30 日在上海证券交易所网站（www.sse.com.cn）及 香港联合交易所有限公司网站（www.hkexnews.hk）披露本公司 2024 年第三季度 报告。为了便于广大投资者更全面深入地了解本公司 2024 年三季度业绩和经营 情况，本公司定于 2024 年 11 月 5 日 15：00-16：00 召开业绩说明会，就投资者 普遍关心的问题进行交流。 一、业绩说明会类型 本次业绩说明会通过电话视频会议方式召开，本公司将针对 2024 年三季度 业绩和经营情况与投资者进行交流，并对投资者普遍关注的问题进行回答。 二、业绩说明会召开的时间、地点 （一）会议召开时间：2024 年 11 月 5 日（星期二）15：00-16：00 江苏宁沪高速公路股份有限公司 关于召开 2024 年三季度业绩说明会的公告 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法律责任。 重要内容提示： 会议召开时间：2024 年 11 月 5 日（星期二） ...

（一）对外投资的基本情况 为优化路网建设，继续巩固在苏南路网中的主导地位，公司拟以自有资金及 其他符合法律法规可用以资本金出资的其他资金出资资本金 12.7118 亿元与常 州市投资主体共同投资建设丹金项目。常州市投资主体将出资资本金 4.3282 亿 元。 （二）公司于 2024 年 10 月 29 日召开的第十一届董事会第五次会议审议通 过了《关于投资建设阜宁至溧阳高速公路丹阳至金坛段项目的议案》。以上交易 不需经过股东大会批准，也不需经过国家有关部门的批准即可实施。 股票简称：宁沪高速 股票代码：600377 编号：临 2024-056 江苏宁沪高速公路股份有限公司 关于拟投资建设阜宁至溧阳高速公路 丹阳至金坛段项目的公告 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法律责任。 重要内容提示： 一、对外投资概述 （一）江苏宁沪高速公路股份有限公司 | 住所： | 中国江苏南京市仙林大道 6 号 | | --- | --- | | 企业类型： | 股份有限公司 | | 法定代表人： | 陈云江 | | 注册资本： | 人民币 5, ...

股票简称：宁沪高速 股票代码：600377 编号：临 2024-053 江苏宁沪高速公路股份有限公司 第十一届董事会第五次会议决议公告 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。 一、会议召开情况 （一）江苏宁沪高速公路股份有限公司（以下简称"本公司"）第十一届董事会 第五次会议（以下简称"会议"）于2024年10月29日以现场会议及视频会议相结合的 方式召开。 （二）会议通知以邮件或专人送达的方式向董事会全体成员发出。 （三）会议应表决董事12人，会议出席董事12人。 （四）会议的召开符合《公司法》及本公司《章程》的有关规定，会议决议为有 效决议。 二、会议审议情况 本次会议审议并通过如下议案： （一）审议并批准《关于 2024 年第三季度报告》。 同意本公司 2024 年第三季度报告，批准以中文在中国证券报、证券时报、上海 证券报及上海证券交易所网站 www.sse.com.cn 刊登，以中英文在香港联合交易所有 限公司网站 www.hkexnews.hk 及本公司网站 www.jsexpressway.com 刊登。 ...