证券代码：600820 股票简称：隧道股份 编号：临 2023-027 债券代码：185752 债券简称：22 隧道 01 上海隧道工程股份有限公司 2023 年半年度利润分配预案公告 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： ●每股分配比例 每股派发现金红利 0.10 元（含税） ●本次利润分配以实施权益分派股权登记日登记的总股本为基数，具 体日期将在权益分派实施公告中明确。截至 2023 年 6 月 30 日公司总 股本为 3,144,096,094 股。 ●在实施权益分派的股权登记日前公司总股本发生变动的，拟维持分 配总额不变，相应调整每股分红比例，并将另行公告具体调整情况。 一、利润分配预案内容 上海隧道工程股份有限公司（简称"公司"）2023 年半年度共实 现归属于上市公司股东的净利润 773,869,669.02 元，截至 2023 年 6 月 30 日公司期末可供分配利润为 15,312,659,279.74 元。 经公司第十届董事会第十八次会议审议通过，公司 2023 年半年 度拟以 ...

| 证券代码：600820 | 股票简称：隧道股份 | 编号：临 | 2023－024 | | --- | --- | --- | --- | | 债券代码：185752 | 隧道 债券简称：22 01 | | | 上海隧道工程股份有限公司 关于召开 2023 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法律责任。 重要内容提示： 会议召开时间：2023 年 08 月 28 日（星期一） 上午 09:00-10:00 三、 参加人员 董事长：张焰 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：上证路演中心网络互动 投资者可于 2023 年 08 月 21 日（星期一） 至 08 月 25 日（星 期五）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 600820@stec.net 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。 上海隧道工程股份有限公司（以下简称"公司"）将于 2023 ...

投资者可于 2023 年 05 月 08 日(星期一) 至 05 月 12 日(星期 五)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 600820@stec.net 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。 上海隧道工程股份有限公司（以下简称"公司"）已于 2023 年 4 月 22 日发布公司 2022 年度报告，为便于广大投资者更全面深入地了 解公司 2022 年度经营成果、财务状况，公司计划于 2023 年 05 月 15 日上午 09:00-10:00 举行 2022 年度暨 2023 年第一季度业绩说明会， 就投资者关心的问题进行交流。 重要内容提示： 会议召开时间：2023 年 05 月 15 日(星期一) 上午 09:00-10:00 会议召开地点：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 | 证券代码：600820 | 证券简称：隧道股份 | 公告编号：2023-011 | | --- | --- | --- | | 债券代码：185752 | 债券简 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥11,441,934,895.31, representing a year-on-year increase of 7.34%[4] - The net profit attributable to shareholders of the listed company was ¥448,718,076.89, reflecting a significant growth of 51.22% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥386,873,436.03, an increase of 42.58% year-on-year[4] - The basic and diluted earnings per share were both ¥0.14, marking a 55.56% increase from the previous year[5] - The weighted average return on equity increased by 0.45 percentage points to 1.63%[5] - Net profit for Q1 2023 was ¥462,370,577.27, compared to ¥307,338,830.25 in Q1 2022, representing a growth of 50.5%[18] - Comprehensive income attributable to the parent company for Q1 2023 was ¥454,788,435.67, compared to ¥296,854,379.13 in Q1 2022, marking a rise of 53.1%[19] Cash Flow and Assets - The net cash flow from operating activities was -¥3,244,267,833.50, a decrease of 23.99% compared to the previous year[4] - As of March 31, 2023, the company's total current assets amounted to approximately RMB 71.65 billion, a decrease of 5.4% from RMB 75.46 billion on December 31, 2022[14] - The company's cash and cash equivalents were reported at RMB 15.69 billion, down from RMB 18.94 billion, reflecting a decline of 17.5%[14] - The total assets at the end of the reporting period were ¥143,908,072,330.21, down 1.73% from the end of the previous year[5] - The total liabilities decreased to ¥109,621,027,906.11 in Q1 2023 from ¥112,579,228,586.41 in Q1 2022, a reduction of 2.6%[16] - The company’s cash inflows from sales of goods and services amounted to CNY 13,700,142,550.36, up from CNY 11,986,967,695.49 in Q1 2022, indicating a growth of about 14.3%[20] Investments and Expenses - The company reported a significant increase in investment income from joint ventures and associates, contributing to the growth in net profit[9] - Research and development expenses for Q1 2023 totaled ¥288,292,193.54, up from ¥201,514,807.98 in Q1 2022, indicating a 42.9% increase[17] - The company reported a significant increase in investment income, reaching ¥377,983,532.71 in Q1 2023, compared to ¥1,377,895.96 in Q1 2022[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 119,760[10] - The equity attributable to shareholders of the listed company was ¥27,664,302,556.44, an increase of 1.40% from the end of the previous year[5] - Total equity increased to ¥34,287,044,424.10 in Q1 2023 from ¥33,855,808,170.13 in Q1 2022, reflecting a growth of 1.3%[16] Operational Challenges - The net cash outflow from operating activities was CNY -3,244,267,833.50, compared to CNY -2,616,654,122.17 in the same period last year, indicating a decline in operational cash flow[21] - The company recorded cash inflows from investment activities of CNY 11,337,899.92, significantly lower than CNY 732,752,674.47 in Q1 2022, reflecting a decrease of approximately 98.45%[21] - The net cash flow from financing activities was CNY 1,228,815,303.65, a decrease from CNY 2,186,880,667.48 in Q1 2022, indicating a decline of approximately 43.8%[21] Future Outlook - The company has not disclosed any significant new product developments or market expansion strategies during the reporting period[13] - There are no indications of any mergers or acquisitions planned in the near future as per the current report[13]

Financial Performance - The company's operating revenue for 2022 was CNY 65.27 billion, an increase of 4.90% compared to CNY 62.23 billion in 2021[17]. - Net profit attributable to shareholders for 2022 reached CNY 2.81 billion, reflecting a growth of 17.39% from CNY 2.39 billion in 2021[17]. - The net cash flow from operating activities increased by 19.62% to CNY 3.75 billion in 2022, up from CNY 3.13 billion in 2021[17]. - Basic earnings per share for 2022 were CNY 0.89, a rise of 17.11% compared to CNY 0.76 in 2021[18]. - The weighted average return on equity increased to 10.77% in 2022, up from 9.91% in 2021, marking an increase of 0.86 percentage points[18]. - The total assets of the company at the end of 2022 were CNY 146.44 billion, a 12.85% increase from CNY 129.76 billion at the end of 2021[17]. - The net assets attributable to shareholders increased by 9.52% to CNY 27.28 billion at the end of 2022, compared to CNY 24.91 billion at the end of 2021[17]. - The company reported a net profit of CNY 1.45 billion in Q4 2022, which was the highest quarterly profit for the year[20]. - Non-recurring gains and losses for 2022 amounted to CNY 356.99 million, significantly higher than CNY 127.22 million in 2021[22]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of 2.7 RMB per 10 shares, totaling approximately 848.91 million RMB based on a total share capital of 3,144,096,094 shares as of December 31, 2022[3]. - The company is committed to maintaining the total distribution amount unchanged, with adjustments made to the per-share dividend if the total share capital changes before the dividend distribution date[3]. - The company has not indicated any plans for stock issuance or capital reserve transfers in the current profit distribution proposal[3]. - The company proposed a cash dividend of CNY 2.30 per 10 shares, totaling CNY 723,142,101.62, which represents 30.22% of the net profit attributable to shareholders for the year[131]. - The company’s profit distribution policy was revised to ensure a minimum cash dividend ratio, aligning with regulatory requirements[128]. Audit and Compliance - The company has received a standard unqualified audit report from its accounting firm, ensuring the accuracy and completeness of its financial statements[2]. - The board of directors and management have confirmed the authenticity and completeness of the annual report, with all directors present at the meeting[2]. - The company has maintained effective internal control over financial reporting, as confirmed by external audits[98]. - The internal control audit report received a standard unqualified opinion from the auditing firm[139]. - The company has revised its articles of association and established compliance management measures to ensure adherence to legal and regulatory requirements[98]. Risks and Stability - The company reported no significant risks during the reporting period, indicating a stable operational environment[5]. - The company does not face any non-operational fund occupation by controlling shareholders or related parties[4]. - There are no violations of decision-making procedures regarding external guarantees[4]. - The company has not disclosed any major risks in its future development plans, suggesting a positive outlook[5]. - The company has not faced any overdue debts or violations of legal regulations during the reporting period[187]. Strategic Initiatives and Market Position - The company is well-positioned to benefit from the ongoing urbanization and infrastructure investment trends in China, particularly in municipal public infrastructure[28]. - The company is actively expanding its underground engineering emergency maintenance business in key cities like Hangzhou and Zhengzhou[25]. - The company is participating in the establishment of Shanghai Haixian New Energy Co., marking a significant step towards expanding into the new energy sector[25]. - The company aims to enhance its integrated service capabilities in urban infrastructure construction and operation, focusing on design-led investment strategies[49]. - The company is facing increased competition in the construction industry, prompting a focus on expanding its market presence and enhancing technological barriers[92]. Research and Development - The company holds 2 national-level R&D platforms and has obtained a total of 2,203 authorized patents, including 652 invention patents[38]. - The company’s R&D expenses increased by 12.02% to CNY 2.43 billion, indicating a commitment to innovation[41]. - The company successfully launched the "Intelligent Shield" technology, which has been applied in major engineering projects, enhancing operational efficiency[39]. - The company has established a city-level engineering technology center for urban infrastructure updates, focusing on digital transformation and smart operation models[39]. - Research and development investments have increased by 25%, focusing on advanced tunneling technologies and sustainable construction practices[105]. Human Resources and Governance - The total number of employees in the parent company is 82, while the main subsidiaries employ 16,892, resulting in a total of 16,974 employees[124]. - The company has 9,113 technical personnel, which constitutes approximately 53.7% of the total workforce[124]. - The company has implemented a salary policy reform for managerial personnel, focusing on market benchmarking and performance-based incentives[125]. - The company has a board of directors with a mix of independent and non-independent members, ensuring diverse governance[104]. - The average age of the executive team is 55 years, indicating a balance of experience and potential for innovation[104]. Financial Management and Investments - The company has ongoing projects with a total investment of RMB 2.54 billion, with several projects in the construction phase[81]. - The company raised RMB 32.068 billion through bank loans in 2022, primarily for infrastructure investment projects[77]. - The company reported a significant increase in accounts receivable financing, rising by 624.26% to ¥157,563,334.84[62]. - The company has not engaged in any cash asset management or entrusted loans during the reporting period, reflecting a conservative financial strategy[168]. - The company successfully issued bonds totaling ¥25 billion in 2022, with all funds utilized as planned[186]. Environmental and Social Responsibility - The company invested ¥13,423,000 in environmental protection during the reporting period[138]. - The company aims to reduce carbon emissions by 15.6% per unit area of building through the use of recycled concrete technology[146]. - The company is actively advancing green building technologies and promoting the use of new energy and storage industries[146]. - Total investment in poverty alleviation and rural revitalization projects amounted to 8.3868 million yuan, benefiting 6,639 people[149]. - The company has established a dual-carbon technology innovation center to enhance its capabilities in carbon reduction[146].

Financial Performance - The company's operating revenue for Q3 2022 was ¥17,962,778,729.06, representing a 16.75% increase compared to ¥14,864,424,046.53 in the same period last year[4]. - The net profit attributable to shareholders for Q3 2022 was ¥819,331,069.18, a 43.98% increase from ¥571,086,299.78 in the previous year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥791,049,933.56, reflecting a 50.27% increase compared to ¥526,413,118.35 in the same period last year[4]. - The basic earnings per share for Q3 2022 was ¥0.26, up 44.44% from ¥0.18 in the same period last year[5]. - The diluted earnings per share for Q3 2022 was also ¥0.26, marking a 44.44% increase compared to ¥0.18 in the previous year[5]. - The weighted average return on equity for Q3 2022 was 3.21%, an increase of 0.64 percentage points from 2.58% in the same period last year[5]. - The company reported a total comprehensive income of ¥1,418,024,108.10 for the third quarter of 2022, compared to ¥1,372,623,766.18 in the same quarter of 2021, marking an increase of about 3.3%[19]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥749,895,514.93, a 69.07% improvement compared to -¥2,412,614,340.58 in the previous year[5]. - The company's cash inflow from operating activities for Q3 2022 was approximately ¥41.39 billion, a decrease of 12.5% compared to ¥47.02 billion in Q3 2021[20]. - The net cash outflow from operating activities was approximately -¥749.90 million, an improvement from -¥2.42 billion in the same period last year[20]. - Cash inflow from investment activities was approximately ¥809.58 million, significantly lower than ¥2.91 billion in Q3 2021, indicating a decline of 72.2%[21]. - The net cash outflow from investment activities was approximately -¥1.73 billion, compared to -¥6.18 billion in Q3 2021, showing a reduction in losses[21]. - Cash inflow from financing activities totaled approximately ¥17.10 billion, an increase of 24.5% from ¥13.72 billion in Q3 2021[21]. - The ending balance of cash and cash equivalents was approximately ¥17.50 billion, up from ¥11.23 billion in Q3 2021, reflecting improved liquidity[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥134,058,672,571.15, reflecting a 3.32% increase from ¥129,757,181,000.89 at the end of the previous year[5]. - Total liabilities reached RMB 101,926,613,171.33, up from RMB 100,390,033,169.77, which is an increase of about 1.53%[14]. - Current liabilities decreased to RMB 72,807,961,987.26 from RMB 76,058,977,303.65, a reduction of approximately 4.93%[14]. - Long-term borrowings increased to RMB 23,560,001,378.34 from RMB 21,370,114,525.63, reflecting a growth of about 10.23%[14]. - The total equity attributable to shareholders of the parent company increased to ¥25,674,036,729.83 from ¥24,911,923,516.05, reflecting a growth of about 3.1%[15]. - The company’s minority interests increased significantly to ¥6,458,022,669.99 from ¥4,455,224,315.07, reflecting a growth of about 45.0%[15]. Operating Costs and Expenses - Total operating costs for the first three quarters of 2022 were ¥36,635,219,456.65, down from ¥39,672,692,248.69 in 2021, indicating a reduction of about 7.7%[16]. - Research and development expenses for the third quarter of 2022 were ¥1,117,975,594.93, down from ¥1,422,062,801.44 in the previous year, indicating a decrease of approximately 21.4%[18]. - The company’s financial expenses, including interest expenses, rose to ¥1,212,868,838.32 from ¥1,159,810,400.98, indicating an increase of approximately 4.6%[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 127,090, with the largest shareholder holding 30.49% of the shares[9]. Government Subsidies - The company received government subsidies amounting to ¥41,483,704.32 during the reporting period, contributing to its financial performance[6]. Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[11]. - The company has not adopted new accounting standards for the current year, maintaining consistency in financial reporting[22].

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥20.16 billion, a decrease of 22.53% compared to ¥26.02 billion in the same period last year[15]. - Net profit attributable to shareholders was approximately ¥540.49 million, down 30.79% from ¥780.96 million in the previous year[15]. - Basic earnings per share for the first half of 2022 were ¥0.17, down 32.00% from ¥0.25 in the same period last year[16]. - The weighted average return on net assets was 2.18%, a decrease of 1.13 percentage points compared to 3.31% in the previous year[16]. - The company's total revenue from the construction industry was approximately ¥16.08 billion, a decrease of 26.42% year-over-year[17]. - The gross margin for the design services segment was 30.76%, with a revenue decline of 14.10% compared to the previous year[17]. - The financing leasing segment reported a revenue increase of 43.68%, achieving a gross margin of 100%[17]. - Revenue from investment business reached approximately ¥1.11 billion, with a gross margin of 36.58%[17]. - The company's revenue from Shanghai was approximately ¥9.13 billion, reflecting a year-over-year decline of 11.38%[18]. - The gross margin in Zhejiang was 16.95%, with a significant revenue decline of 55.77% year-over-year[18]. - The company reported a significant increase of 185.64% in accounts receivable financing, rising to ¥62,140,294.38 from ¥21,755,019.36[39]. - The company reported a net profit of CNY 420,066,415.41, accounting for 71.45% of the listed company's total net profit[47]. Cash Flow and Assets - The net cash flow from operating activities was negative at approximately ¥1.46 billion, an improvement of 79.20% compared to a negative cash flow of ¥7.02 billion in the same period last year[15]. - The total assets at the end of the reporting period were approximately ¥132.21 billion, an increase of 1.89% from ¥129.76 billion at the end of the previous year[15]. - The net assets attributable to shareholders were approximately ¥24.81 billion, a slight decrease of 0.41% from ¥24.91 billion at the end of the previous year[15]. - Cash and cash equivalents increased to CNY 3,023,264,350.50 from CNY 1,840,382,867.87, reflecting a growth of approximately 64.3%[89]. - Total assets reached CNY 34,164,301,707.91, up from CNY 32,903,479,577.41, indicating an increase of about 3.8%[92]. - Total liabilities amounted to CNY 18,357,317,843.47, compared to CNY 17,315,635,374.88, representing an increase of approximately 6.0%[92]. - The company's total liabilities decreased to approximately ¥73.73 billion from ¥76.06 billion, a decline of 3.06%[87]. Operational Highlights - The company is involved in urban infrastructure projects, including tunnels, bridges, and rail transit[21]. - The company has completed 26 large-diameter tunnel projects with a diameter of over 14 meters, including significant projects in Shanghai and Wuhan[22]. - The company has constructed approximately 820 kilometers of metro lines across various cities in China, including Nanjing and Hangzhou[22]. - The company is involved in over 50 large and medium-sized infrastructure projects using PPP and BOT investment models[27]. - The company actively participates in the construction of various infrastructure projects, including highways, airports, and bridges across China[22]. - The company signed a total of construction, design, and operation business orders amounting to 40 billion RMB, representing a 7.96% increase compared to the same period last year[34]. - The company completed approximately 40 kilometers of shield tunnel excavation during the reporting period[34]. Research and Development - The company has a total of 1,873 authorized patents, including 662 invention patents, with 127 new authorizations in the first half of 2022[32]. - The company has established two national-level R&D platforms and 12 high-tech enterprises, enhancing its core competitiveness in infrastructure construction[32]. - The company is focusing on digital transformation and has established a digital shield engineering technology innovation center to enhance its technological capabilities[33]. - The company is a founding member of the Shanghai Carbon Neutral Technology Innovation Alliance, promoting low-carbon technology innovations in urban construction[33]. Risk Management and Compliance - The company reported no significant risks during the reporting period[4]. - There were no non-operating fund occupations by controlling shareholders or related parties[3]. - The company has not reported any significant impact on its financial indicators due to share changes post-reporting period[75]. - The company has faced increasing legal risks due to its expanding business scale, particularly in contract management and intellectual property rights[48]. - The company has been penalized for construction noise pollution, resulting in a fine of RMB 5,000 and a directive to rectify the issue[56]. Shareholder and Capital Structure - The largest shareholder, Shanghai Urban Construction (Group) Co., Ltd., holds 958,716,588 shares, representing 30.49% of the total shares[76]. - Shanghai Guosheng (Group) Co., Ltd. decreased its holdings by 62,881,900 shares, now holding 288,120,143 shares, which is 9.16%[76]. - The company has not reported any changes in the controlling shareholder or actual controller during the reporting period[79]. - The total number of ordinary shareholders reached 135,214 by the end of the reporting period[75]. Environmental and Social Responsibility - The company is actively involved in environmental protection projects, including a deep drainage system project along the Suzhou River, which will cover 25 drainage systems and mitigate urban flooding[59]. - The company aims to achieve carbon neutrality by implementing a "dual carbon" work plan, focusing on reducing carbon emissions in various sectors, including construction and material production[60]. - The company has established a youth cadre training base in partnership with local villages to support poverty alleviation efforts and enhance local management talent[62]. Financial Management - The company has successfully issued 2.5 billion RMB in corporate bonds and 1.471 billion RMB in shelf-style ABS products, improving its financing and debt structure[34]. - The company maintained a loan repayment rate of 100% during the reporting period[84]. - The company has established a dedicated repayment task force to ensure timely and full payment of bond interest, with no changes in the repayment plan during the reporting period[82]. - The company reported a total of RMB 903.54 million in receivables and RMB 1.66 billion in payables from related parties, indicating active business operations[72]. Accounting and Financial Reporting - The financial statements are prepared based on the principle of continuous operation, adhering to the requirements of enterprise accounting standards[112]. - The company applies the equity method for investments in joint ventures[118]. - The company recognizes revenue when control of goods or services is transferred to customers, which is when customers can direct the use and obtain almost all economic benefits[185]. - The company recognizes expected liabilities when there is a present obligation that is likely to result in an outflow of economic benefits[183].