证券代码：600720 证券简称：中交设计 公告编号：2025-040 中交设计咨询集团股份有限公司 关于使用部分暂时闲置募集资金进行现金管理及以 协定存款方式存放募集资金事宜的公告 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： 已履行的审议程序：公司于 2025 年 10 月 30 日召开第十届董事会第十七 次会议，会议审议通过了《关于使用部分暂时闲置募集资金进行现金管理及以协 定存款方式存放募集资金的议案》，同意公司以协定存款方式存放募集资金，并 使用最高额度不超过人民币 100,000 万元的闲置募集资金，投资单项产品期限最 长不超过 12 个月的结构性存款、大额存单等安全性高、流动性好的保本型产品 进行日常资金管理。使用期限为自董事会审议通过之日起 12 个月内有效，在上 述额度内，资金可滚动使用。独立财务顾问中信证券股份有限公司已发表明确同 意的核查意见。 特别风险提示：公司拟购买理财产品属于安全性高、流动性好的保本型 产品，但仍不排除因市场波动、宏观金融政策变化等原因引起的影响收益的情况。 1.资 ...

中交设计咨询集团股份有限公司(以下简称"公司""中交设计")于 2025 年 8 月 28 日召开第十届董事会第十六次会议，审议通过了《关于审议子公司与关联 方共同投资设立合资公司暨关联交易》的议案，同意公司全资子公司中交第一公 路勘察设计研究院有限公司与关联方北京中交科技创新创业基金合伙企业(有限 合伙)、中国城乡控股集团有限公司、中国交通信息科技集团有限公司共同投资 设立中交(西安)数字产业有限公司。具体内容详见公司于 2025 年 8 月 29 日在 上海证券交易所网站(www.sse.com.cn)上披露的《关于子公司与关联方共同投资 设立合资公司暨关联交易的公告》。 近日，中交(西安)数字产业有限公司已完成工商注册登记，并取得由西安市 市场监督管理局颁发的《营业执照》，具体信息如下: 证券代码：600720 证券简称：中交设计 公告编号：2025-037 中交设计咨询集团股份有限公司 关于控股子公司完成工商注册登记暨关联交易进展 公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 经营范围：一般项目：数据处理服务；数字技术服务；信息技术咨询服务； ...

Core Viewpoint - Recently, China Communications (Xi'an) Digital Industry Co., Ltd. was established with a registered capital of 50 million yuan, focusing on artificial intelligence software development and related services [1] Company Summary - The new company is a joint venture involving China Communications Design (600720) and its wholly-owned subsidiary, China Communications First Highway Survey and Design Institute Co., Ltd., along with China Urban Construction Group Co., Ltd. [1] - The business scope includes the development of basic and application software for artificial intelligence, software sales, system integration services for AI applications, and technical consulting for AI public service platforms [1]

Core Insights - In the past five trading days (October 20 to October 24), a total of 9 companies saw significant shareholder increases, with a cumulative increase of 242 million shares and a total investment of 2.994 billion yuan [1] - During the same period, 107 companies experienced shareholder reductions, amounting to a total reduction of 9.443 billion yuan [1] Summary by Category Shareholder Activity - The top three companies with the highest increase in shareholder investment are Sichuan Road and Bridge, with an increase of 174 million shares and an investment of 1.530 billion yuan; followed by Changjiang Electric Power, with an increase of 49.56 million shares and an investment of 1.366 billion yuan; and Wuzhou Transportation, with an increase of 3.826 million yuan [1][2] - The main board accounted for 9 stocks in the shareholder increase category, with a total increase amount of 2.994 billion yuan [1] Industry Distribution - The significant shareholder increases were primarily concentrated in the steel and construction decoration industries, with 2 stocks each [1] Market Performance - The average increase in stock prices for companies with shareholder increases over the past five days was 1.86%, which was weaker than the overall performance of the Shanghai Composite Index during the same period [1] - Notable stock price increases were observed in Huamao Technology (10.62%), Wuzhou Transportation (2.84%), and China Communications Design (2.63%), while declines were seen in Vanadium Titanium Shares (-1.01%) and Xingfa Group (-0.56%) [1][2] Fund Flow - Among the stocks with shareholder increases, 6 experienced net inflows of main funds, with Changjiang Electric Power leading at a net inflow of 171 million yuan [2] - The stocks with the highest net outflows included Vanadium Titanium Shares and Jiangzhong Pharmaceutical, with outflows of 67 million yuan and 6 million yuan, respectively [2] Performance Metrics - Of the stocks with significant shareholder increases, 2 have released their third-quarter reports, with Jiangzhong Pharmaceutical showing the highest net profit growth of 5.54% year-on-year [2]

Core Insights - The best-performing fund managed by manager Song Lu in Q3 2025 is the Guotou Shuangzai LOF (161216), with a net value increase of 2.63% [1][2]. Fund Performance Summary - Guotou Shuangzai LOF has an annualized return of 6.52% and a scale of 12.45 billion yuan, with its top holding being Top Group [2]. - Guotou Ruijin Shuangzai Bond C has a scale of 1.85 billion yuan and an annualized return of 6.61%, with the same top holding [2]. - Guotou Ruijin Shuangzai Bond D has a scale of 0.46 billion yuan and an annualized return of 6.82%, also holding Top Group as its primary stock [2]. - Guotou Ruijin Shuangzai Bond E has a scale of 0.00 billion yuan and an annualized return of 6.42%, maintaining Top Group as its first heavy stock [2]. Manager's Historical Performance - During Song Lu's tenure as the manager of Guotou Ruijin New Opportunities Flexible Allocation Mixed A (000556), the cumulative return reached 128.11%, with an average annualized return of 22.5% [2]. - The fund had 116 adjustments in heavy stock holdings, with a success rate of 68.1% for profitable trades [2]. Notable Stock Adjustments - Significant stock adjustments include: - Tongwei Co., Ltd. was held from Q2 2020 to Q4 2020, yielding an estimated return of 120.32% with a company performance growth of 36.95% [3][5]. - Daying Electronics was held from Q2 2017 to Q3 2017, with an estimated return of 99.55% and a company performance growth of 15.29% [3][5]. - Ming Tai Aluminum was held from Q1 2022 to Q4 2022, resulting in an estimated return of -41.46%, despite a company performance growth of 12.87% [4][6].

Core Insights - 中交设计 has successfully completed a reverse merger listing during the "14th Five-Year Plan" period, aligning with national strategies and industry trends to establish a specialized platform for design services [2][3] Group 1: Strategic Development - 中交设计's listing is a concrete measure to implement 中交集团's "14th Five-Year" development plan, aiming to enhance the design sector's role in the industry chain [2] - The company aims to leverage capital market resources to improve valuation and market image, responding to the national "Transportation Power" strategy [2] Group 2: Digital Transformation - 中交设计 has adopted a "full digital" strategy focusing on smart transportation, intelligent construction, and digital industry, establishing a comprehensive service system from design consulting to data analysis [3][4] - The company has developed key technologies for safety and durability management in transportation infrastructure, successfully applied in major projects like the Hong Kong-Zhuhai-Macao Bridge [3] - In intelligent construction, 中交设计 has innovated 3D printing technologies, improving construction efficiency by 50% to 70% and reducing labor costs by 78% [4] Group 3: New Growth Areas - 中交设计 is actively exploring low-altitude economy and underground space, establishing a low-altitude innovation center and participating in urban low-altitude economic development projects [5][6] - The company is leading efforts in deep underground space utilization, focusing on core technology research and development for underground transportation and energy storage [6] Group 4: Future Vision - During the "15th Five-Year" period, 中交设计 aims to position itself as a leader in high-end consulting, a promoter of intelligent and green industrial transformation, and an innovator in capital operations [7]

证券代码：600720 证券简称：中交设计 公告编号：2025-036 中交设计：关于控股股东及其一致行动人累计增持公 司股份达到 2%暨权益变动触及 1%刻度的提示性公告 控股股东及其一致行动人保证向本公司提供的信息真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 本公司董事会及全体董事保证公告内容与信息披露义务人提供的信息 一致。 本次变动情况：2025 年 4 月 21 日至 2025 年 10 月 23 日期间，中交资本通 过上海证券交易所交易系统以集中竞价方式累计增持公司股份 23,249,160 股，累 计增持金额 184,372,767.49 元（不含交易费用），本次增持后，中交资本累计持 有公司股份 45,891,824 股，占公司当前总股本的 2%，控股股东中国交建及其一 致行动人权益变动触及 1%整数倍。 一、 信息披露义务人及其一致行动人的基本信息 1.身份类别 3.一致行动人信息 | 一致行动人名称 | 投资者身份 | 统一社会信用代码 | | --- | --- | --- | |  | 控股股东/实控人 | | | 中国交通建设股份有限 □ | 控股股东/实控人的一致行 ...

Group 1 - The core point of the article is that China Communications Design (中交设计) announced a significant share buyback by its subsidiary, China Communications Capital, which acquired a total of 23.2492 million shares, amounting to 184 million yuan, during the specified period [1] - After this buyback, China Communications Capital holds a total of 45.8918 million shares, representing 2% of the company's total share capital [1] - The shareholding change by the controlling shareholder, China Communications Construction (中国交建), and its concerted parties has reached a threshold of 1% [1]

Core Points - The controlling shareholder China Communications Construction Company (CCCC) has increased its stake in China Communications Design by acquiring 23.2492 million shares through centralized bidding from April 23 to October 23, 2025, amounting to 184 million yuan [1] - After the acquisition, CCCC's total shareholding in the company reached 45.8918 million shares, representing 2% of the total share capital [1] - The shareholding ratio of CCCC and its concerted parties increased from 57.01% to 58.02%, which triggered a change in equity that touched the 1% integer multiple [1] - The increase in shares did not violate any commitments, did not trigger a mandatory tender offer obligation, and will not lead to a change in control [1] - CCCC Capital has committed not to reduce its holdings during the six months following the completion of the acquisition [1]

Core Insights - The engineering consulting services sector saw a rise of 1.52% on October 15, with Matrix Co. leading the gains [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] Sector Performance - Matrix Co. (301365) closed at 23.70, with a significant increase of 20.00% and a trading volume of 181,400 shares, amounting to a transaction value of 417 million [1] - Guangzi International (920892) and Huajian Group (600629) also performed well, with increases of 13.02% and 10.01%, respectively [1] - The overall trading volume and transaction values for various companies in the engineering consulting sector indicate strong market activity [1] Fund Flow Analysis - The engineering consulting services sector experienced a net outflow of 36.57 million from institutional investors and 30.73 million from retail investors, while individual investors saw a net inflow of 67.30 million [2] - The fund flow data highlights a mixed sentiment among different investor categories, with retail investors showing a positive trend [2][3] Individual Stock Fund Flow - Huajian Group (600629) had a net inflow of 14.8 million from institutional investors, while Matrix Co. (301365) saw a net outflow of 27.51 million from retail investors [3] - The fund flow dynamics suggest varying levels of confidence among institutional and retail investors in different stocks within the sector [3]