Market Overview - On September 29, the railway and highway sector rose by 0.41% compared to the previous trading day, with Fulin Transportation leading the gains [1] - The Shanghai Composite Index closed at 3862.53, up 0.9%, while the Shenzhen Component Index closed at 13479.43, up 2.05% [1] Stock Performance - Notable gainers in the railway and highway sector included: - Fulin Transportation (002357) with a closing price of 10.00, up 2.35% on a trading volume of 83,100 shares and a turnover of 82.01 million yuan [1] - Anhui Expressway (600012) closed at 13.57, up 1.95% with a trading volume of 151,300 shares and a turnover of 204 million yuan [1] - Dongguan Holdings (000828) closed at 11.33, up 1.80% with a trading volume of 84,900 shares and a turnover of 95.34 million yuan [1] Fund Flow Analysis - The railway and highway sector experienced a net outflow of 274 million yuan from institutional investors, while retail investors saw a net inflow of 178 million yuan [2] - The sector's overall fund flow indicated that retail investors were more active compared to institutional investors on that day [2] Individual Stock Fund Flow - Key stocks with significant fund flow included: - Haikou Group (603069) with a net inflow of 20.84 million yuan from institutional investors, but a net outflow of 19.49 million yuan from retail investors [3] - Sichuan Chengyu (601107) had a net inflow of 7.74 million yuan from institutional investors, while retail investors saw a net outflow of 612.25 million yuan [3] - Hainan Expressway (000886) recorded a net inflow of 11.83 million yuan from institutional investors, but retail investors had a net outflow of 660.90 million yuan [3]

Core Viewpoint - The company held a half-year performance briefing on September 26, 2025, to discuss its financial results and future strategies with investors [1] Group 1: Performance Overview - In the first half of 2025, the company reported a decrease in operating revenue by 16.63 million yuan compared to the same period last year, while operating costs increased by 19.62 million yuan [2] - The net profit attributable to shareholders for the first half of 2025 was 5.72 million yuan, primarily due to an increase in government subsidies related to daily operations by 47.82 million yuan [2][6] Group 2: Future Plans - For the second half of 2025, the company plans to focus on service optimization, cost reduction, and efficiency improvement, while enhancing platform operation capabilities through digital transformation [3] - The company is in the process of formulating its "15th Five-Year" strategic plan, which will consider macroeconomic conditions and industry changes to enhance customer-centric operations and digital capabilities [9] Group 3: Technology and Innovation - The company is committed to leveraging technology and digital empowerment, particularly in big data and AI, to improve operational and management efficiency [4] Group 4: Shareholder Support - The controlling and indirect controlling shareholders are actively supporting the company's development through strategic guidance and governance improvements [5] Group 5: Cash Flow and Financial Management - The net cash flow from operating activities for the first half of 2025 was 158 million yuan, representing a 14.34% increase year-on-year, attributed to higher cash receipts from sales and other operating activities [12] - The company has established a value management system to enhance its market value through improved operational quality and compliance management [10]

Group 1: Report Overview - Reported company: Jiangxi Changyun [16] - Industry: Railways and Highways [2] - Research date: September 26, 2025 [1] Group 2: Core Views - In the first half of 2025, the company's revenue decreased, but net profit was positive due to increased government subsidies [23] - In the second half of 2025, the company will focus on service optimization, cost - reduction, and efficiency - improvement [23] - The company is formulating its "15th Five - Year" plan, aiming at transformation and seeking new growth points [26] - The company attaches great importance to market value management and has formulated a relevant system [27] Group 3: Summary by Directory 01. Basic Research Information - Research object: Jiangxi Changyun [16] - Industry: Railways and Highways [16] - Reception time: September 26, 2025 [16] - Company reception staff: Chairman Wang Xiao, Independent Director Xiao Zhengshan, Director and Deputy General Manager Liu Lei, Financial Controller Fu Linyan, and Board Secretary Wei Chunyun [16] 02. Detailed Research Institutions - Institutions involved: Investors and others [19] 03. Proportion of Research Institutions - No specific proportion information provided 04. Main Content Data - **Profit growth in H1 2025**: Revenue decreased by 16.6275 million yuan year - on - year, cost increased by 19.6217 million yuan, but government subsidies increased by 47.8225 million yuan, resulting in a net profit of 5.7227 million yuan [23] - **H2 2025 business plan**: Focus on service optimization, integration, cost - reduction, and efficiency - improvement, promote asset light - transformation, and improve risk management [23][24] - **AI application**: The company pays attention to AI and other technologies to improve operation and management efficiency [24] - **Support from major shareholders**: Shareholders support the company in governance and industrial planning, and will disclose relevant plans as required [25] - **Other income in H1 2025**: 237 million yuan, mainly including line and operation subsidies, bus staff subsidies, fuel subsidies, and new - energy subsidies [25] - **Revenue decrease in H1 2025**: Mainly due to a 38.0469 million yuan decrease in road passenger transport revenue, a 10.7592 million yuan decrease in sales revenue, and a 49.7466 million yuan increase in road freight revenue [25] - **"15th Five - Year" plan**: Under formulation, aiming at customer - centered transformation, technology - driven development, and seeking new growth points [26] - **Market value management**: A system was formulated in August 2025, focusing on improving company quality and using multiple methods to enhance market value [27] - **Search for high - quality assets**: The company is open to cooperation, evaluates potential targets carefully, and will disclose as required [27][28] - **Improvement in operating cash flow in H1 2025**: Net cash flow from operating activities was 158 million yuan, a 14.34% increase year - on - year, mainly due to increased cash inflows [28]

证券代码：600561 证券简称：江西长运 公告编号：临 2025-046 江西长运股份有限公司关于 2025 年半年度业绩说明会召开情况的公告 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。 江西长运股份有限公司（以下简称"公司"）于2025年9月26日（星期五） 上 午 10:00-11:30 在 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/），以视频结合网络互动方式召开2025年半年 度业绩说明会。关于本次业绩说明会召开事项，公司已于2025年9月19日在上海 证券交易所网站（www.sse.com.cn）披露了《江西长运股份有限公司关于召开2025 年半年度业绩说明会的公告》（公告编号：临2025-044）。现将本次业绩说明会 召开情况公告如下： 一、业绩说明会召开情况 本次业绩说明会中投资者提出的主要问题及公司回复情况整理如下（已去除 重复问题）： 提问1、请问公司上半年利润增长主要得益于哪些方面？ 回复：感谢您对公司的关注。20 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600650 | 锦江在线 | 16.12 | -1.77% | 6.73万 | 1.09亿 | | 600611 | 大众交通 | 6.10 | -1.29% | 38.57万 | 2.38亿 | | 001317 | 三丰司 | 48.78 | -1.16% | 3.22万 | 1.59亿 | | 000755 | 山西高速 | 4.82 | -0.41% | - 3.44万 | 1656.20万 | | 600269 | 赣粤高速 | 4.87 | -0.41% | 11.62万 | 5646.38万 | | 601816 | 京沪高铁 | 5.20 | -0.38% | 124.85万 | 6.50亿 | | 600020 | 中原高速 | 4.25 | -0.23% | 10.11万 | 4291.96万 | | 002357 | 富临远业 | 9.77 | -0.10% | 8.06万 | 7955.62万 | | 600033 | 福 ...

截至6月30日，江西长运股东户数1.52万，较上期增加18.03%；人均流通股18702股，较上期减少 15.28%。2025年1月-6月，江西长运实现营业收入6.99亿元，同比减少2.20%；归母净利润572.27万元， 同比增长39.63%。 分红方面，江西长运A股上市后累计派现3.92亿元。近三年，累计派现0.00元。 机构持仓方面，截止2025年6月30日，江西长运十大流通股东中，中信保诚多策略混合(LOF)A （165531）退出十大流通股东之列。 9月23日，江西长运（维权）盘中下跌2.13%，截至09:37，报6.44元/股，成交270.83万元，换手率 0.15%，总市值18.32亿元。 江西长运今年以来股价涨19.93%，近5个交易日跌8.13%，近20日跌10.06%，近60日跌1.53%。 资料显示，江西长运股份有限公司位于江西省南昌市红谷滩新区平安西二街1号，成立日期1995年3月10 日，上市日期2002年7月16日，公司主营业务涉及道路旅客运输、道路货运与旅游业务。主营业务收入 构成为：汽车客运47.29%，货物运输26.37%，其他(补充)18.22%，销售业务8.12%。 江西 ...

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、董事会会议召开情况 证券代码：600561 证券简称：江西长运 公告编号：临 2025-045 江西长运股份有限公司 第十届董事会第二十九次会议决议公告 江西长运股份有限公司于2025年9月15日以专人送达与邮件送达相结合的方 式向全体董事发出召开第十届董事会第二十九次会议的通知，会议于2025年9月 19日以通讯表决方式召开。会议应参加董事8人，实际参与表决董事8人。会议符 合有关法律、行政法规、部门规章、规范性文件和公司章程的规定。 二、董事会会议审议情况 参与表决的董事认真审议了本次会议议案，以通讯表决方式通过如下决议： （一）审议通过了《关于增补刘志坚先生和魏春云先生为公司第十届董事会 董事的议案》 同意增补刘志坚先生、魏春云先生为公司第十届董事会董事候选人，任期至 本届董事会任期届满止。 本议案经董事会提名委员会审议通过后，提交董事会审议。 本议案表决情况：同意8票，反对0票，弃权0票，审议结果：通过。 本议案需提交股东会审议。 （二）审议通过了《关于确定公司 ...

每经AI快讯，江西长运（SH 600561，收盘价：6.61元）9月19日晚间发布公告称，公司第十届第二十九 次董事会会议于2025年9月19日以通讯表决方式召开。会议审议了《关于确定公司高级管理人员2024年 度薪酬的议案》等文件。 2024年1至12月份，江西长运的营业收入构成为：汽车客运占比47.56%，货物运输占比25.31%，其他业 务占比18.26%，销售业务占比8.87%。 截至发稿，江西长运市值为19亿元。 每经头条（nbdtoutiao）——5万亿ETF的370名基金经理薪酬大揭秘！他们的日常工作，就是跟着指数 买股票吗？ （记者 曾健辉） ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：600561 证券简称：江西长运 公告编号：临2025-044 江西长运股份有限公司关于 召开2025年半年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个别及连带责任。 重要内容提示： ●会议召开时间：2025年9月26日（星期五）上午10：00一11：30 ●会议召开地点：上海证券交易所上证路演中心（网址：https://roadshow.sseinfo.com/） ●会议召开方式：上证路演中心视频直播和网络互动 ●投资者可于2025年9月19日(星期五)至9月25日(星期四)16:00前登录上证路演中心网站首页点击"提问预 征集"栏目或通过公司邮箱dongsihui@jxcy.com.cn进行提问。公司将在说明会上对投资者普遍关注的问 题进行回答。 江西长运股份有限公司（以下简称"公司"）已于2025年8月28日披露公司2025年半年度报告，为便于广 大投资者更全面深入地了解公司2025年半年度经营成果、财务状况，公司计划于2025年9月26日（星期 ...

证券代码：600561 证券简称：江西长运 公告编号：临 2025-044 江西长运股份有限公司关于 召开 2025 年半年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个别及连带责任。 重要内容提示： ●会议召开时间：2025年9月26日（星期五）上午10：00—11：30 ● 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） ●会议召开方式：上证路演中心视频直播和网络互动 ●投资者可于 2025 年 9 月 19 日(星期五)至 9 月 25 日(星期四)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 dongsihui@jxcy.com.cn 进行提问。公司将在说明会上对投资者普遍关注的问题 进行回答。 江西长运股份有限公司（以下简称"公司"）已于 2025 年 8 月 28 日披露公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度经 营成 ...