Core Insights - The integration of transportation and cultural tourism in Jilin Province is exemplified by the unique experiences offered at highway service areas, transforming them into cultural and culinary hubs for travelers [1][7][12] Group 1: Service Area Developments - Jilin Province's highway service areas are strategically positioned to promote local culture and tourism, with each area having its own distinct brand and offerings [3][11] - The "吉行高速" App serves as a digital platform for promoting tourism, providing features such as scenic spot recommendations, ticket sales, and dining suggestions, enhancing the travel experience [4][6] - The construction of new access points, such as the 拉法山收费站, facilitates easier access to nearby attractions, increasing visitor flow and enhancing the service area's role in tourism [8][11] Group 2: Economic Impact - The development of themed service areas not only enriches the tourist experience but also stimulates local economies by increasing consumer spending in dining, lodging, and shopping [11][15] - Strategic partnerships between the Jilin Highway Group and local governments aim to leverage transportation infrastructure to boost regional economic development through tourism [12][14] - The introduction of local specialty products in service areas, such as ginseng and blueberries, capitalizes on highway traffic to promote regional goods, fostering a cycle of cultural and economic growth [5][15]

Market Overview - The railway and highway sector experienced a decline of 0.35% on the trading day, with Shentong Metro leading the losses [1] - The Shanghai Composite Index closed at 3986.9, down 0.73%, while the Shenzhen Component Index closed at 13532.13, down 1.16% [1] Stock Performance - Notable gainers in the railway and highway sector included: - Jilin Expressway (601518) with a closing price of 3.00, up 5.63% on a trading volume of 803,800 shares and a turnover of 240 million yuan [1] - Chongqing Road and Bridge (600106) closed at 6.84, up 4.91% with a trading volume of 558,900 shares and a turnover of 375 million yuan [1] - Conversely, Shentong Metro (600834) led the declines, closing at 8.90, down 3.68% with a trading volume of 119,800 shares and a turnover of 108 million yuan [2] Capital Flow - The railway and highway sector saw a net outflow of 210 million yuan from institutional investors, while retail investors contributed a net inflow of 324 million yuan [2] - Specific stock capital flows included: - Chongqing Road and Bridge (600106) had a net inflow of 28.18 million yuan from institutional investors, while retail investors had a net outflow of 25.08 million yuan [3] - Jilin Expressway (601518) showed a significant retail net inflow, indicating strong interest from individual investors [3]

Core Insights - Jilin Expressway (601518.SH) reported a total operating revenue of 906 million yuan for Q3 2025, an increase of 37.14 million yuan or 4.27% year-on-year [1] - The net profit attributable to shareholders reached 396 million yuan, up by 6.08 million yuan or 1.56% compared to the same period last year [1] - The net cash inflow from operating activities was 519 million yuan, reflecting an increase of 24.06 million yuan or 4.86% year-on-year [1] Financial Ratios - The latest debt-to-asset ratio stands at 6.37%, ranking first among disclosed peers, down by 2.07 percentage points from the previous quarter and down 10.24 percentage points year-on-year [3] - The latest gross profit margin is 67.66%, ranking third among disclosed peers, with an increase of 3.26 percentage points from the previous quarter [3] - The return on equity (ROE) is 7.04%, ranking ninth among disclosed peers [3] Earnings and Turnover - The diluted earnings per share (EPS) is 0.09 yuan [3] - The total asset turnover ratio is 0.14 times, an increase of 0.01 times or 9.08% year-on-year [3] - The inventory turnover ratio is 1.96 times, up by 1.22 times or 165.12% compared to the same period last year [3] Shareholder Structure - The number of shareholders is 41,200, with the top ten shareholders holding 1.333 billion shares, accounting for 70.49% of the total share capital [3] - The largest shareholder is Jilin Provincial Expressway Group Co., Ltd., holding 543 million shares [3]

Core Points - The company has announced its third-quarter report for 2025, ensuring the accuracy and completeness of the information provided [2][10][12] - The company plans to appoint a new accounting firm, Xinyong Zhonghe, for the 2025 annual audit, replacing the previous firm, Zhongxing Caiguanghua [17][25][28] - A digital transformation project for highway infrastructure is proposed, with an estimated cost of 72.84 million yuan [12][13] Financial Data - The third-quarter financial report is unaudited, covering the period from January to September 2025 [3][6] - The company reported no significant changes in major accounting data or financial indicators [5][7] Shareholder Information - The company will hold its third temporary shareholders' meeting on November 17, 2025, to discuss various proposals, including the appointment of the new accounting firm [32][34] - Voting will be conducted through both on-site and online systems, ensuring participation from all shareholders [32][37] Audit Firm Change - The new accounting firm, Xinyong Zhonghe, has a strong background with 1,780 registered accountants and a revenue of 4.054 billion yuan in 2024 [19][20] - The decision to change the audit firm was made to ensure independence and objectivity in the audit process [25][27] Digital Transformation Project - The proposed digital transformation project aims to enhance the company's highway infrastructure, aligning with government initiatives [12][13] - The project includes a design fee of 1.37 million yuan, indicating a significant investment in modernization [13]

证券代码：601518 证券简称：吉林高速 公告编号：临 2025-031 吉林高速公路股份有限公司 关于变更公司会计师事务所的公告 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： ●拟聘任的会计师事务所名称：信永中和会计师事务所（特殊普通合伙）（以 下简称信永中和） ●原聘任的会计师事务所名称：中兴财光华会计师事务所（特殊普通合伙） （以下简称中兴财光华） ●变更会计师事务所的简要原因及前任会计师的异议情况：因吉林高速公路 股份有限公司（以下简称公司）与中兴财光华的原审计服务合同已到期，根据《国 有企业、上市公司选聘会计师事务所管理办法》等相关规定，为保证审计工作的 独立性与客观性，按照公司采购相关制度，综合考虑会计师事务所情况、公司业 务发展和年度审计的需要，公司拟聘任信永中和为 2025 年度审计机构。 公司已就变更会计师事务所的相关事宜与前后任会计师事务所进行了沟通， 各方已明确知悉本次变更事项并确认无异议。公司董事会审计委员会、董事会对 本次拟变更会计师事务所均无异议。 一、拟聘任会计师事务所的基本情 ...

(一)股东会类型和届次 2025年第三次临时股东会 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： 一、 召开会议的基本情况 证券代码：601518 证券简称：吉林高速 公告编号：临 2025-032 吉林高速公路股份有限公司 关于召开2025年第三次临时股东会的通知 (三)投票方式：本次股东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 召开的日期时间：2025 年 11 月 17 日 14 点 00 分 召开地点：长春市经开区浦东路 4488 号公司四楼会议室 (五)网络投票的系统、起止日期和投票时间。 股东会召开日期：2025年11月17日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 11 月 17 日 至2025 年 11 月 17 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00 ...

2025 年第三次临时股东会会议资料 二○二五年十一月十七日 长春 2025 年第三次临时股东会会议资料 2025 年第三次临时股东会会议资料 目 录 | 一、 | 2025 年第三次临时股东会现场会议须知························ | 3 | | --- | --- | --- | | 二、 | 2025 年第三次临时股东会会议议程···························· | 5 | | 三、 | 表决票填写说明·············································· | 7 | | 四、 | 审议《关于变更公司会计师事务所的议案》······················ | 9 | 2 2025 年第三次临时股东会会议资料 吉林高速公路股份有限公司 2025 年第三次临时股东会现场会议须知 根据《公司法》《公司章程》《股东会议事规则》等相关法律、法规的规定， 为维护股东的合法权益，确保吉林高速公路股份有限公司（以下简称公司）2025 年第三次临时股东会（以下简称本次大会）的顺利进行，现就会议须知通知如下： 一、本次大会期间，全体 ...

一、董事会会议召开情况 吉林高速公路股份有限公司于2025年10月28日以通讯方式召开第四届董事 会2025年第五次临时会议，应参会董事6人，实际参会董事6人。 本次会议的召集和召开符合《公司法》及相关法律法规和《公司章程》的有 关规定。 经与会董事审议、投票表决，审议通过以下议案并形成决议： （一）公司2025年第三季度报告 表决结果：6票同意 0票反对 0票弃权 证券代码：601518 证券简称：吉林高速 公告编号：临 2025-030 吉林高速公路股份有限公司 第四届董事会 2025 年第五次临时会议决议公告 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。 详见同日披露于上海证券交易所网站（http://www.sse.com.cn）《中国证 券报》和《上海证券报》的公司公告（临2025-031）。 （三）关于公司拟进行公路交通基础设施数字化转型升级项目建设的议案 按照财政部、交通运输部《关于支持引导公路水路交通基础设施数字化转型 升级的通知》（财建〔2024〕96号）文件要求，公司拟进行公路交通基础设施数 字化转型升级 ...

Financial Performance - Total operating revenue for Q3 2025 reached ¥356,805,612.58, an increase of 8.24% compared to the same period last year[4] - Total profit for the period was ¥237,724,949.18, reflecting a growth of 10.18% year-over-year[4] - Net profit attributable to shareholders was ¥167,660,138.25, up 15.14% from the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥167,317,799.19, representing a 16.48% increase year-over-year[4] - Total operating revenue for the first three quarters of 2025 reached ¥906,167,795.89, an increase of 4.9% compared to ¥869,024,201.65 in the same period of 2024[15] - Operating profit for the first three quarters of 2025 was ¥561,513,656.06, slightly higher than ¥553,753,140.80 in 2024, indicating a growth of 1.4%[15] - The net profit for the first three quarters of 2025 is CNY 430,013,825.24, an increase from CNY 423,853,661.31 in the same period of 2024, representing a growth of approximately 1.4%[16] - The total comprehensive income for the first three quarters of 2025 is CNY 430,013,825.24, compared to CNY 423,853,661.31 in 2024, indicating a year-over-year increase of about 1.4%[16] Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥6,502,649,909.05, an increase of 3.52% from the end of the previous year[5] - Total current assets as of September 30, 2025, amounted to ¥2,347,939,662.87, compared to ¥1,955,218,826.65 at the end of 2024, representing an increase of 20%[12] - Total assets reached ¥6,502,649,909.05 as of September 30, 2025, compared to ¥6,281,374,586.10 at the end of 2024, marking a growth of 3.5%[13] - Total liabilities decreased to ¥414,269,037.27 as of September 30, 2025, down from ¥460,419,964.78 at the end of 2024, a reduction of 10%[13] Shareholder Information - Shareholder equity attributable to the parent company was ¥5,619,520,477.43, up 4.33% from the previous year[5] - The number of ordinary shareholders at the end of the reporting period was 41,203[9] - The largest shareholder, Jilin Provincial Expressway Group Co., Ltd., holds 54.35% of the shares[9] Cash Flow and Expenses - The company's cash and cash equivalents increased to ¥2,011,535,138.29 as of September 30, 2025, compared to ¥1,670,361,842.38 at the end of 2024, reflecting a growth of 20.4%[12] - The operating cash flow for the first three quarters of 2025 is CNY 519,095,483.53, up from CNY 495,038,951.78 in 2024, reflecting an increase of approximately 4.1%[19] - The cash and cash equivalents at the end of the third quarter of 2025 amount to CNY 2,004,495,325.79, compared to CNY 1,806,344,022.07 at the end of the same period in 2024, showing a growth of about 11%[20] - The company reported a decrease in cash inflow from operating activities, totaling CNY 936,991,659.13 in 2025, down from CNY 949,738,086.33 in 2024, which is a decline of approximately 1.3%[19] - The cash outflow from investing activities for the first three quarters of 2025 is CNY 9,523,607.36, a decrease from CNY 10,547,345.61 in 2024, indicating a reduction of about 9.7%[20] - The net cash flow from financing activities in 2025 is CNY -162,554,670.54, compared to CNY -176,960,996.50 in 2024, showing an improvement of approximately 8.1%[20] Expenses - The company reported a decrease in management expenses to ¥47,734,457.74 in the first three quarters of 2025, down from ¥51,088,797.60 in 2024, a decline of 6.9%[15] - Research and development expenses increased to ¥2,807,487.13 in the first three quarters of 2025, compared to ¥2,493,305.38 in 2024, reflecting a growth of 12.6%[15] Other Information - The weighted average return on equity for the period was 3.01%, a decrease of 4.17 percentage points compared to the previous year[5] - The company received government subsidies amounting to ¥276,424.68 during the period, contributing to its non-recurring gains[7] - The basic and diluted earnings per share remain stable at CNY 0.21 for both 2025 and 2024[16] - The company has not reported any net profit from subsidiaries prior to consolidation for both periods[16] - The company is not applying new accounting standards for the year 2025[21]

Core Insights - The company reported a third-quarter revenue of 357 million, representing a year-on-year increase of 8.24% [1] - The net profit for the third quarter was 168 million, showing a year-on-year growth of 15.14% [1] - For the first three quarters, the total revenue reached 906 million, which is a year-on-year increase of 4.27% [1] - The net profit for the first three quarters amounted to 396 million, reflecting a year-on-year growth of 1.56% [1]