Financial Performance - The company's operating revenue for Q3 2023 was ¥19,337,829,458.65, a decrease of 5.80% compared to ¥20,528,251,586.25 in the same period last year[3]. - Net profit attributable to shareholders was ¥714,646,055.13, down 19.03% from ¥882,591,126.65 year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥696,469,447.54, reflecting an 11.96% decrease compared to ¥791,049,933.56 in the previous year[3]. - The basic earnings per share for the quarter was ¥0.23, a decline of 17.86% from ¥0.28 in the same period last year[3]. - The weighted average return on equity decreased to 2.57%, down 0.92 percentage points from 3.49% year-on-year[3]. - Total operating revenue for the first three quarters of 2023 reached CNY 46,906,944,458.20, an increase of 8.8% compared to CNY 43,020,536,161.95 in the same period of 2022[14]. - Net profit for the third quarter of 2023 was CNY 1,599,060,737.80, compared to CNY 1,434,968,547.95 in the same quarter of 2022, representing a growth of 11.5%[16]. - The total comprehensive income for the third quarter of 2023 was CNY 1,601,369,334.76, compared to CNY 1,441,958,755.05 in the same quarter of 2022, showing an increase of 11.1%[17]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥367,538,149.88, a significant improvement of 133.94% compared to -¥1,083,015,355.95 in the previous year[3][6]. - The company reported an increase in cash flow from operating activities due to improved accounts receivable collection[6]. - The net cash flow from operating activities for Q3 2023 was CNY 367.54 million, a significant recovery from a net outflow of CNY 1.08 billion in Q3 2022[19]. - The cash inflow from sales of goods and services in the first three quarters of 2023 was CNY 46.90 billion, compared to CNY 43.08 billion in the same period of 2022, marking an increase of approximately 6.5%[19]. - The company received CNY 1.30 billion in other operating-related cash in Q3 2023, down from CNY 2.06 billion in Q3 2022, a decrease of about 37.0%[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥153,630,752,333.24, showing a slight increase of 0.53% from the previous year[3]. - The equity attributable to shareholders was ¥27,605,418,299.01, reflecting a marginal increase of 0.21% compared to the previous year[3]. - The company's total liabilities decreased to approximately RMB 87.87 billion from RMB 90.57 billion, showing a reduction of 3.73%[12]. - The total liabilities increased to CNY 119,345,943,382.17 in Q3 2023, compared to CNY 118,700,971,723.62 in Q3 2022, indicating a rise of 0.5%[16]. - The company reported a total of RMB 11.91 billion in contract liabilities, which increased from RMB 9.58 billion, marking a growth of 24.38%[12]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 112,171, with the top ten shareholders holding a combined 42.73% of shares[7]. - The top shareholder, Shanghai Urban Construction (Group) Co., Ltd., holds 30.49% of the shares, while the second-largest shareholder, Shanghai Guosheng (Group) Co., Ltd., holds 7.39%[7]. - The company has not engaged in margin financing or securities lending with its shares held by the top shareholders[8]. Research and Development - Research and development expenses for the third quarter of 2023 amounted to CNY 1,828,981,102.44, an increase from CNY 1,243,448,609.56 in the same quarter of 2022, marking a significant rise of 47.0%[16]. Other Information - Non-recurring gains and losses for the quarter totaled ¥18,176,607.59, with government subsidies contributing ¥24,683,201.00[4]. - The company has not disclosed any significant new product developments or market expansion strategies in the current report[9].

一、董事会会议召集、召开情况 上海隧道工程股份有限公司（简称"隧道股份"、"公司"）第十届 董事会第二十次会议，于 2023 年 10 月 20 日以电子邮件方式发出会 议通知，并进行了电话确认，于 2023 年 10 月 27 日上午 9:30 召开， 本次会议采用通讯表决方式，应到董事 8 名，实到 8 名。本次会议的 召集、召开符合法律、法规和《公司章程》的规定。 二、董事会会议审议情况 （一）《公司 2023 年第三季度报告》（该项议案同意票 8 票，反 对票 0 票，弃权票 0 票；是否通过：通过）； （二）《公司关于修订<信息披露管理制度>的议案》（该项议案 同意票 8 票，反对票 0 票，弃权票 0 票；是否通过：通过）； （三）《公司关于制订<融资担保管理办法>的议案》（该项议案 同意票 8 票，反对票 0 票，弃权票 0 票；是否通过：通过）； | 证券代码：600820 | 股票简称：隧道股份 | 编号：临 | 2023-034 | | --- | --- | --- | --- | | 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 第十届董 ...

证券代码：600820 股票简称：隧道股份 编号：临 2023-033 债券代码：185752 债券简称：22 隧道 01 董事会 上海隧道工程股份有限公司 中标公告 2023 年 10 月 19 日 本项目位于江苏省南通启东市，主要为启东吴江高端制造产业园 片区内安置房、市政道路、配套公共服务设施建设和投资等。项目中 标价格1,951,630,000元，中标工期3,650日历天。 特此公告。 上海隧道工程股份有限公司 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。 近日，上海隧道工程股份有限公司全资子公司——上海基础设施 建设发展（集团）有限公司（简称"上海基建"）参与了"启东吴江高 端制造产业园投资开发项目"的公开招标。根据招标人——江苏启晟 集团有限公司签发的中标通知书，确定上海基建中标本项目。 ...

| | | 资业务带动的施工部分总金额为 15.5 亿元。 （二）投资业务 上海隧道工程股份有限公司 2023 年前三季度主要经营情况公告 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、新增项目情况汇总 2023 年前三季度，上海隧道工程股份有限公司及下属子公司项 目中标情况如下： （一）施工、设计及运营业务 注：上述施工业务订单不含投资业务。上述施工业务订单中由投 1 单位：万元 币种：人民币 施工业务 订单总个数 1290 中标合同量 业务占比 （%） 较上年同 期增减 （%） 按空间类型 分类 地下业务 2,749,617.70 54.67 22.51 地上业务 2,280,143.93 45.33 -4.06 按地域分类 上海市市内业务 2,601,685.53 51.73 6.26 上海市市外业务 2,428,076.10 48.27 11.76 海外业务 0.00 0.00 0.00 按订单类型 分类 轨道交通类（包括轨道交通车 站、区间、有轨电车及机电安装） 1,349,244.18 26.83 -0 ...

本项目主要包括设计和建造用于连接与未来T5航站楼之间的行 李处理系统（BHS）隧道和旅客自动捷运系统（APM）隧道的地下结 构，以及受影响的机场设施恢复工程和路面施工。项目中标金额为 622,265,784.00新加坡元（折合约33.45亿元人民币）。项目总工期约5 年，预计2028年10月结束。 特此公告。 | 证券代码：600820 | 股票简称：隧道股份 | 编号：临 | 2023-030 | | --- | --- | --- | --- | | 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 中标公告 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。 近日，公司控股子公司——上海隧道工程股份（新加坡）有限公 司参与了"新加坡樟宜机场T2航站楼连接设施外壳项目CE036标"的 公开招标。根据招标人——新加坡樟宜机场集团有限公司签发的中标 通知书，确定该公司中标本项目。 上海隧道工程股份有限公司 董事会 2023 年 10 月 13 日 ...

上海隧道工程股份有限公司 2023年第一次临时股东大会法律意见书 JIN MAO P.R.C.LAWYERS 金 茂 律 师 事 务 所 40th Floor, Bund Center, 222 East Yan Road, Shanghai 200002, China 中国 上海 200002 延安东路 222 号 外滩中心 40 楼 Tel/电话:(8621) 6249 6040 Fax/传真:(8621) 6249 5611 E-mail/电子信箱：info@jinmao.com.cn 上海市金茂律师事务所 关于上海隧道工程股份有限公司 2023 年第一次临时股东大会的法律意见书 致：上海隧道工程股份有限公司 上海市金茂律师事务所（以下简称"本所"）接受上海隧道工程股份有限公 司（以下简称"公司"）的委托，委派吴伯庆律师、杨红良律师出席公司于 2023 年 10 月 12 日召开的上海隧道工程股份有限公司 2023 年第一次临时股东大会（以 下简称"股东大会"），并依据《中华人民共和国公司法》、《中华人民共和国证券 法》、《上市公司股东大会规则》等中国现行法律、法规和规范性文件（以下简称 "法律、法规和 ...

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。 证券代码：600820 证券简称：隧道股份 公告编号：2023-029 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 关于召开 2023 年第一次临时股东大会的通知 重要内容提示： 一、 召开会议的基本情况 (四)现场会议召开的日期、时间和地点 召开的日期时间：2023 年 10 月 12 日 14 点 30 分 召开地点：上海市大连路 118 号隧道股份大连路基地 6 楼英豪厅 (五)网络投票的系统、起止日期和投票时间。 股东大会召开日期：2023年10月12日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (一)股东大会类型和届次 2023 年第一次临时股东大会 (二)股东大会召集人：董事会 (三)投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结合的 方式 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2023 年 10 月 12 日 至 2023 年 10 月 12 日 采用上海 ...

上海隧道工程股份有限公司 2023 年第一次临时股东大会 会议资料 2023 年 10 月 12 日 上海隧道工程股份有限公司 2023 年第一次临时股东大会会议资料 上海隧道工程股份有限公司 2023 年第一次临时股东大会议程 会议召开时间：2023 年 10 月 12 日（星期四）下午 14:30 会议方式：本次会议采用现场投票、网络投票相结合的表决方式。社会公众股股东可以 在交易时间内通过上海证券交易所的交易系统或互联网投票平台行使表决权。 会议召开地点：上海市大连路 118 号隧道股份大连路基地 6 楼英豪厅。 网络投票时间：2023 年 10 月 12 日（星期四），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 （网址：vote.sseinfo.com）的投票时间为股东大会召开当日的 9:15-15:00。 一、宣读大会须知 二、会议事项； 上海隧道工程股份有限公司 2023 年第一次临时股东大会须知 根据《中华人民共和国公司法》、《中华人民共和国证券法》、《公司章程》以及《上市公 司股东大会 ...

| 证券代码：600820 | 股票简称：隧道股份 | 编号：临 | 2023-028 | | --- | --- | --- | --- | | 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 第十届董事会第十九次会议决议公告 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。 重要内容提示： 1 ●本次董事会会议全体董事出席。 ●本次董事会会议无董事对会议审议议案投反对或弃权票情形。 ●本次董事会会议审议议案全部获得通过。 出资比例为 49%，注册地为浙江省杭州市临空开发区（暂定）。本事 项经上海市国资委投资监管程序通过后正式生效。 （二）《公司关于注册发行超短期融资券的议案》（该项议案同意票 8 票，反对票 0 票，弃权票 0 票；是否通过：通过）； 同意公司向中国银行间市场交易商协会申请注册不超过人民币 60 亿元（含 60 亿元）的超短期融资券，注册金额用于归还公司及其 下属子公司金融机构借款、即将到期的债券本息和补充流动性资金 （具体以监管机构审批为准）。 本议案尚需 ...

Financial Performance - The company's operating revenue for the first half of 2023 reached ¥23,382,863,861.94, representing a 15.99% increase compared to ¥20,158,696,078.15 in the same period last year[18]. - Net profit attributable to shareholders of the listed company was ¥773,869,669.02, a 45.12% increase from ¥533,277,986.65 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was ¥722,540,774.44, reflecting a 46.33% increase from ¥493,776,761.55 in the same period last year[18]. - Basic earnings per share increased by 47.06% to CNY 0.25 compared to the same period last year[19]. - Diluted earnings per share also rose by 47.06% to CNY 0.25 year-on-year[19]. - The total profit for the first half of 2023 was approximately ¥1.25 billion, compared to ¥863.86 million in the same period of 2022, indicating a growth of 45.0%[92]. - The company reported a net profit of CNY 407,306,873.91 for the first half of 2023, with total assets amounting to CNY 40,888,858,417.10[50]. Cash Flow and Assets - The net cash flow from operating activities improved to -¥519,202,328.38, a 64.43% improvement from -¥1,459,632,661.73 in the previous year[18]. - Total assets at the end of the reporting period amounted to ¥149.56 billion, with cash and cash equivalents accounting for 12.17% of total assets[40]. - The company's long-term equity investments increased by 25.14% to ¥6.80 billion, reflecting additional investments and increased investment income recognized under the equity method[40]. - The company's cash and cash equivalents at the end of the period were CNY 17,957,434,491.40, compared to CNY 17,108,385,392.45 at the end of the first half of 2022[97]. Revenue Breakdown - Revenue from the construction industry reached CNY 19.48 billion, a year-on-year increase of 21.09%[20]. - Revenue from design services decreased by 39.90% to CNY 688.40 million compared to the previous year[20]. - Revenue from infrastructure increased by 20.64% to CNY 1.26 billion, while gross margin decreased by 13.02%[20]. - Revenue from investment business was CNY 1.12 billion, with a slight increase of 0.68% year-on-year[20]. - Revenue from Singapore increased by 61.02% to CNY 1.10 billion, indicating strong market performance[21]. Research and Development - Research and development expenses surged by 142.39% to ¥924.30 million, up from ¥381.33 million year-on-year, indicating a significant investment in new projects[38]. - The company has obtained a total of 705 invention patents, with 53 new patents added during the reporting period[34]. - The company established five major innovation centers, including digital shield tunneling and smart operation, to enhance its research and development capabilities[35]. Project and Operational Highlights - The company has completed 32 large-diameter tunnel projects with a diameter of over 14 meters, including significant projects like the Shanghai Yangtze River Tunnel and the Hangzhou Qianjiang Tunnel[25]. - The company has constructed approximately 999 kilometers of urban rail transit lines across various cities, including Nanjing, Hangzhou, and Wuhan[26]. - The company is involved in 64 large and medium-sized projects under various investment models, including PPP, BT, and BOT[27]. Risk Management and Compliance - There are no significant risks reported during the reporting period, indicating a stable operational environment[6]. - The company has not faced any non-operating fund occupation by controlling shareholders or related parties[5]. - The board of directors has confirmed the authenticity and completeness of the financial report, ensuring accountability for the information provided[2]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of ¥1.00 per 10 shares, totaling ¥314,409,609.40, which accounts for 40.63% of the net profit attributable to shareholders[4]. - As of the end of the reporting period, the total number of ordinary shareholders is 117,169[74]. - Shanghai Urban Construction Group holds 30.49% of the company's shares, totaling 958,716,588 shares[74]. Environmental and Social Responsibility - The company faced administrative penalties for environmental issues, with fines of 10,000 yuan each on June 12 and June 13, 2023, for failing to implement effective dust control measures[58]. - The company is actively involved in various environmental protection projects, including a 200,000-ton water pipeline project aimed at improving local water supply in the Lingang area[59]. - The company has implemented measures to reduce carbon emissions, including the development of green construction technologies and the promotion of renewable energy projects[60]. Financial Position and Liabilities - The company's debt-to-asset ratio increased to 77.33% from 76.89% year-over-year, indicating a slight rise in leverage[81]. - The total liabilities as of June 30, 2023, were ¥115.42 billion, compared to ¥112.64 billion at the end of 2022, marking an increase of 2.48%[85]. - The company's current ratio slightly decreased to 0.884 from 0.893, indicating a minor decline in short-term liquidity[81]. Accounting Policies and Financial Reporting - The financial statements are prepared based on the assumption of going concern, ensuring the company's ability to continue operations[111]. - The accounting policies comply with the requirements of enterprise accounting standards, reflecting the company's financial status accurately[112]. - The company adopts a unified accounting policy to prepare consolidated financial statements, reflecting the overall financial position, operating results, and cash flows of the entire corporate group[115].