Core Insights - The railway and highway sector experienced a slight increase of 0.37% on August 5, with Jiangxi Changyun leading the gains [1] - The Shanghai Composite Index closed at 3617.6, up by 0.96%, while the Shenzhen Component Index closed at 11106.96, up by 0.59% [1] Sector Performance - Jiangxi Changyun (600561) closed at 7.02, with a rise of 2.48% and a trading volume of 97,200 shares, totaling a transaction value of 67.94 million yuan [1] - Other notable performers included: - Sanfengsi (001317) at 48.56, up 2.02% with a transaction value of 165 million yuan [1] - Sichuan Chengyu (601107) at 5.71, up 1.78% with a transaction value of 123 million yuan [1] - Wuhu Expressway (600012) at 16.11, up 1.64% with a transaction value of 62.67 million yuan [1] Capital Flow - The railway and highway sector saw a net outflow of 158 million yuan from institutional investors, while retail investors contributed a net inflow of 115 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - Daqin Railway (601006) had a net inflow of 15.37 million yuan from institutional investors, while it faced a net outflow of 20.23 million yuan from retail investors [3] - Jiangxi Changyun (600561) experienced a net inflow of 4.43 million yuan from institutional investors but a net outflow of 0.61 million yuan from retail investors [3] - Sichuan Chengyu (601107) had a net inflow of 0.82 million yuan from retail investors, despite a net outflow from institutional investors [3]

Core Viewpoint - Pacific Securities recently initiated coverage on Sichuan Chengyu (601107) with a "Buy" rating, highlighting effective cost control and successful bidding for the Chengya expansion project [1] Financial Performance - In the 2024 annual report, Sichuan Chengyu achieved total revenue of 10.362 billion, a year-on-year decrease of 11.07%; net profit attributable to shareholders was 1.459 billion, an increase of 22.91%; and non-recurring net profit was 1.39 billion, up 27.22% [2] - For Q1 2025, the company reported revenue of 1.85 billion, a year-on-year decrease of 8.08%, while non-recurring net profit increased to 443 million, a rise of 16.51% [3] Business Overview - Sichuan Chengyu is the only A+H share listed company in Sichuan focusing on highway infrastructure, involved in investment, construction, operation, and management of highways, as well as green energy investments and resource development [4] - As of the end of 2024, the company operates approximately 900 kilometers of highways, with 858 kilometers being toll roads, and has ongoing construction for the Chengle expansion project covering about 136.1 kilometers [4] Investment Outlook - The company has completed the Tianqiong Expressway and is currently working on the Chengle expansion project, having won the bid for the Chengya expansion project in July [5] - The company is expected to maintain its dividend policy, proposing a cash dividend of approximately 890 million for 2024, which represents 60.8% of the annual net profit, with a dividend yield of about 5.77% based on the closing price on the report date [2][5]

FF301 | 2. 股份分類 | 普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 601107 | 說明 | | A股（上海證券交易所） | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,162,740,000 | RMB | | 1 RMB | | 2,162,740,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 2,162,740,000 | RMB | | 1 RMB | | 2,162,740,000 | | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00107 | ...

Core Viewpoint - Sichuan Chengyu's stock price experienced a decline of 1.58% on July 31, 2025, closing at 5.59 yuan, with a trading volume of 146,294 hands and a transaction amount of 0.82 billion yuan [1][2]. Company Overview - Sichuan Chengyu's main business includes management and maintenance of highways and bridges, construction of highways and bridges, and sales [1]. - The company is part of several concept sectors, including railway and highway, Sichuan sector, S&P, FTSE Russell, and Shanghai Stock Connect [1]. Recent Developments - On July 31, Sichuan Chengyu announced that its eighth board of directors held the 37th meeting, where multiple proposals were approved [1]. - The company conducted a research meeting with Hai Futong Fund Management Co., among other institutions, on July 30, discussing its strategic planning and industrial layout [1]. Capital Flow - On July 31, Sichuan Chengyu saw a net inflow of main funds amounting to 3.36 million yuan [2].

证券代码：601107 证券简称：四川成渝 公告编号：2025-032 债券代码：241012.SH 债券简称：24 成渝 01 债券代码：102485587 债券简称：24 成渝高速 MTN001 四川成渝高速公路股份有限公司 第八届董事会第三十七次会议决议公告 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、董事会会议召开情况 （一）四川成渝高速公路股份有限公司（以下简称"公司"或"本公司"） 第八届董事会第三十七次会议于 2025 年 7 月 31 日在四川省成都市武侯祠大街 （二）会议通知、会议资料已于 2025 年 7 月 24 日以电子邮件和专人送达方 式发出。 （三）出席会议的董事应到 12 人，实到 12 人。 （四）会议由董事长罗祖义先生主持，公司监事、高级管理人员列席了会议。 （二）审议通过了《关于本公司制定 <四川成渝高速公路股份有限公司重大> 事项运行及授权放权清单（2025 年版）>的议案》 （五）会议的召开符合《公司法》和本公司《公司章程》的有关规定。 二、董事会会议审议情况 会议审议通过了如下 ...

（文章来源：证券日报） 证券日报网讯 7月31日晚间，四川成渝发布公告称，公司第八届董事会第三十七次会议审议通过了《关 于本公司制定的议案》等多项议案。 ...

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。 四川成渝高速公路股份有限公司 Sichuan Expressway Company Limited* （在中華人民共和國註冊成立之股份有限公司） （股份編號：00107） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲載列四川成渝高速公路股份有限公司（「本公司」）在上海證券交易所網站發佈的 《四川成渝高速公路股份有限公司投資者關係活動記錄表》，僅供參閱。 姚建成 執行董事兼公司秘書 中華人民共和國•四川省•成都市 二零二五年七月三十一日 於本公告之日，董事會成員包括：執行董事羅祖義先生（董事長）、游志明先生 （副董事長）、馬永菡女士、姚建成先生及毛渝茸女士，非執行董事楊少軍先生 （副董事長）、李成勇先生及陳朝雄先生，獨立非執行董事余海宗先生、步丹璐女 士、周華先生及姜濤先生。 * 僅供識別 证券代码：601107 证券简称：四川成渝 债券代码：241012.SH ...

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。 四川成渝高速公路股份有限公司 Sichuan Expressway Company Limited* （在中華人民共和國註冊成立之股份有限公司） （股份編號：00107） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲載列四川成渝高速公路股份有限公司（「本公司」）在上海證券交易所網站發佈的 《四川成渝高速公路股份有限公司第八屆董事會第三十七次會議決議公告》，僅供 參閱。 承董事會命 四川成渝高速公路股份有限公司 姚建成 執行董事兼公司秘書 中華人民共和國•四川省•成都市 二零二五年七月三十一日 於本公告之日，董事會成員包括：執行董事羅祖義先生（董事長）、游志明先生 （副董事長）、馬永菡女士、姚建成先生及毛渝茸女士，非執行董事楊少軍先生 （副董事長）、李成勇先生及陳朝雄先生，獨立非執行董事余海宗先生、步丹璐女 士、周華先生及姜濤先生。 * 僅供識別 | 证券代码： ...

Core Viewpoint - Sichuan Chengyu announced the convening of its 37th meeting of the 8th Board of Directors on July 31, 2025, to discuss various proposals [2] Revenue Composition - For the year 2024, the revenue composition of Sichuan Chengyu is as follows: - Road and bridge management and maintenance accounted for 46.1% - Road and bridge construction accounted for 26.09% - Sales accounted for 23.91% - BT project revenue accounted for 1.8% - Other industries accounted for 0.95% [2]

四川成渝高速公路股份有限公司 第八届董事会第三十七次会议决议公告 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、董事会会议召开情况 （一）四川成渝高速公路股份有限公司（以下简称"公司"或"本公司"） 第八届董事会第三十七次会议于 2025 年 7 月 31 日在四川省成都市武侯祠大街 252 号本公司住所四楼 420 会议室以现场及通讯表决相结合的方式召开。 （二）会议通知、会议资料已于 2025 年 7 月 24 日以电子邮件和专人送达方 式发出。 （三）出席会议的董事应到 12 人，实到 12 人。 （四）会议由董事长罗祖义先生主持，公司监事、高级管理人员列席了会议。 | 证券代码：601107 | 证券简称：四川成渝 | | 公告编号：2025-032 | | --- | --- | --- | --- | | 债券代码：241012.SH | 债券简称：24 | 成渝 01 | | | 债券代码：102485587 | 债券简称：24 | 成渝高速 | MTN001 | 为不断提升公司治理效能，进一步规范企业组织 ...