180治理ETF交银（510010）业绩比较基准为上证180公司治理指数，管理人为交银施罗德基金管理有限 公司，基金经理为邵文婷、蔡铮，成立（2009-09-25）以来回报为102.94%，近一个月回报为1.90%。 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 来源：新浪基金∞工作室 2月25日，截止午间收盘，180治理ETF交银（510010）涨0.77%，报1.836元，成交额41.85万元。180治 理ETF交银（510010）重仓股方面，贵州茅台截止午盘涨2.59%，中国平安涨1.75%，招商银行涨 0.15%，紫金矿业涨2.19%，工商银行涨0.00%，兴业银行涨0.71%，长江电力涨0.31%，恒瑞医药涨 0.07%，伊利股份涨0.76%，京沪高铁涨0.61%。 ...

Investment Rating - The report maintains a positive outlook on the shipping industry, particularly focusing on oil transportation and shipbuilding sectors, recommending stocks such as ST Songfa and China Merchants Energy [4]. Core Insights - The report highlights a strong performance in oil shipping, with VLCC TCE rates rising by 24% to $146,385 per day, and a significant increase in demand leading to higher freight rates [4]. - The global energy chain's valuation is on the rise, driven by long-term capacity utilization and mid-cycle profit expectations, suggesting a favorable environment for shipping rates [4]. - The report emphasizes the resilience of the dry bulk market, with the BDI index recording a slight increase of 1.19% to 2,043 points, indicating stable demand despite seasonal fluctuations [5]. Summary by Sections Shipping Market Performance - The shipping index decreased by 1.41%, underperforming the CSI 300 index by 1.77 percentage points, with the aviation sector experiencing the largest decline at -5.16% [5]. - The report notes that the coastal dry bulk freight index in China fell by 1.76%, while the Baltic Dry Index increased by 1.19% [5]. Oil Transportation - VLCC rates reached a new high of approximately $160,000 per day during the Spring Festival, with expectations for continued strength in the coming weeks [4]. - The report indicates that the average VLCC freight rate increased by 23% week-on-week, reaching $149,564 per day, reflecting tight capacity and strong demand [4]. Dry Bulk Market - The report mentions that the Capesize freight rate decreased by 4.1%, while the Panamax index showed resilience with a 3.5% increase [4]. - The report anticipates that post-holiday demand recovery will be crucial for the dry bulk market, particularly in iron ore shipments [4]. Air Transportation - The report suggests that the airline industry is at a turning point, with potential for significant profit growth due to increased passenger volumes and operational efficiencies [4]. - Airlines such as China Eastern Airlines and Spring Airlines are highlighted as key players to watch in this sector [4]. Express Delivery - The report notes uncertainties in the express delivery sector due to fluctuating demand and competitive pressures, but highlights the strong market position of leading companies like ZTO Express and YTO Express [4]. Rail and Road Transportation - Rail freight volumes and highway truck traffic are reported to be resilient, with the Ministry of Transport data showing a slight decrease in freight volume but overall stability [4]. - The report identifies two main investment themes in the highway sector: high dividend yields and potential value recovery in undervalued stocks [4].

Group 1 - The core viewpoint of the article highlights the performance of the 180 Governance ETF (510010), which saw a slight increase of 0.27% to 1.845 yuan as of midday closing on February 12 [1] - The ETF's major holdings include Guizhou Moutai, which fell by 1.42%, China Ping An down by 1.04%, and China Merchants Bank down by 1.60%, while Zijin Mining rose by 1.70% [1] - The ETF is managed by China International Fund Management Co., with a performance benchmark of the Shanghai Stock Exchange 180 Corporate Governance Index, achieving a return of 105.50% since its inception on September 25, 2009, and a return of 0.54% over the past month [1]

记者从国铁北京局获悉，进入春运以来，京沪高铁北京局管段（北京南站至德州东站）GSM-R无线子系统完成全面升级改造并正式投入运行。此次焕新全 面由国产化设备替代，强化了整体网络性能，大幅提升通信效率，进一步构建了安全可靠、绿色节能、智能高效的铁路专用移动通信系统。 "京沪高铁北京南站至德州东站区间铁路专用通信GSM-R无线子系统的全面升级改造，让京沪高铁在调度指挥通信方面更精准，在列车运行控制数据传送方 面更快捷，在车地语音通话方面更清晰，在应急维护通信保障方面更可靠，为2026年春运期间铁路运输的安全、准点与高效运营提供了更加坚实的技术支 撑。"国铁北京局北京通信段乔祝严介绍。 来源：北京日报客户端 记者：胡子傲 国铁北京局北京通信段主导完成此次改造，突破多项技术瓶颈，历经3个多月攻坚奋战，组织施工人员3800余人次，先后建成2套冗余热备基站控制器 （BSC）、107处基站设备并进行全网调试、压力测试，通过"国产化设备选型、全流程施工规范、科学化运维标准"全面搭建起国产化通信架构，为我国铁 路通信领域核心系统国产化改造提供了可复制、可推广的工程范式。 改造后的系统构建了"全链路、无死角"的智能监测网络，整体性 ...

北京商报讯（记者 和岳）2月10日，北京商报记者从中国铁路北京局集团有限公司（以下简称"国铁北京局"）获悉，进入春运以来，京沪高铁北京局管段 （北京南站至德州东站）GSM-R无线子系统完成全面升级改造并正式投入运行。此次焕新全面由国产化设备替代，强化整体网络性能，大幅提升通信效 率，进一步构建安全可靠、绿色节能、智能高效的铁路专用移动通信系统。 "京沪高铁北京南站至德州东站区间铁路专用通信GSM-R无线子系统的全面升级改造，让京沪高铁在调度指挥通信方面更精准，在列车运行控制数据传送方 面更快捷，在车地语音通话方面更清晰，在应急维护通信保障方面更可靠，为2026年春运期间铁路运输的安全、准点与高效运营提供了更加坚实的技术支 撑。"国铁北京局北京通信段乔祝严表示。 中国 图 图 图 E BESTE pl wounger of (合同日语 无线电干扰监测 The TOBELLERING v 2 t (1) #(250) 11: 33 8 1 n 1991 at 1 1 f TE r e Ca respons lies J 9 A F 17 the prog n the program I el the res g ...

[玫瑰]2025年京沪高铁、广深铁路陆续公布《 查找图书 》，以京沪高铁未来，2023~24年平均自由现金流近200亿 元，分红能力具备现金流支撑，有望通过回购+分红等多种手段进一步优化市值管理。关注1H26经营策略调整带 来利润提升，下半年雄商高铁通车带来京沪高铁区域网优化，未来3年现金流有望保持稳健增长。 [玫瑰]前期市场资金结构的调整导致基础设施红利股的估值和股息率回调至合理区间，以高速公路为例，料2026年 A股头部公路估值回调至11~12倍，股息4%~5%。2月第一周红利板块日均成交额较2025年12月增长48.9%，同时A 股红利类ETF日均净申购增长152.1%，关注风格切换过程中重视交运物流现金流稳健增长稀缺资产布局机会。 [玫瑰] （京泸高铁）[抱拳]【中信证券交运物流】高股息深度跟踪点评—风格切换，优选现金流稳健增长稀缺资产 [玫瑰]风格切换背景下，优选现金流稳健增长稀缺资产，建议重点关注政策端重视市值管理以及基本面悲观因素充 分反应、2026年净利润和现金流有望转增的铁路、高速公路及港口龙头。以高速公路为例，2H25车流量经过两年 消化进入同比转增区间，2026年PPI降幅收窄、稳增长政 ...

格隆汇2月9日｜中金公司研报指出，认为京沪高铁作为高铁"现金牛"当前已经步入价值配置区间。基本 面或迎来向上催化：1）短中期业务均有增量：一季度调图后京沪线列车开行加密同时标杆车增加，而 明年京雄商高铁通车或给京福安徽带来业务增量；未来CR450投入运营或将优化列车结构、打开产能上 限；2）结构性票价优化：标杆车的增加或短期结构性带动票价上行，而未来CR450或打开公司价格上 限。公司自由现金流充沛，存在分红提升的想象空间。公司当前交易在2026 年17.5x P/E和1.12x P/B， 均为2023年以来P/E和P/B均值以下两倍标准差，处于历史估值低位。维持"跑赢行业"评级及目标价6.14 元/股。 ...

中铁电气化局高铁济南维管段枣庄西配电所是京沪高铁（601816）枣庄站的主供电源，还担负枣庄站联络滕州东站、徐州东站的通信、照明等 用电任务，采用10千伏双电源供电，是春运期间电力保供的重点所在。 2月6日，国网枣庄供电公司高新供电中心新城服务站工作人员走进中铁电气化局高铁济南维管段枣庄西配电所，告知电网运行情况，更新双方 联系方式，征求春运期间用电需求，构建高效协同服务春运机制。 针对返乡人员逐日增多的实际，枣庄供电公司在枣庄高铁站站前广场开展用电宣传，向返乡人员递上印有安全用电知识与供电服务热线的定制 台历，询问了解返乡期间用电需求。同时，热心提醒春节期间家庭用电安全注意事项，使用采暖电器务必要检查老旧线路、漏电保护器等。一 位来自峄城区榴园镇的返乡中年人点赞供电服务好，特别是电网架到了榴园田间地头，方便石榴加工用电，让榴农们过上了红红火火的好日 子。(通讯员鞠同心孟祥恒) 枣庄供电公司工作人员主动帮助巡视检查枣庄西配电所设备，重点检查高铁站工作人员应急通道指示灯等设施。针对高铁供电负荷波动大、应 急保障要求高的特点，枣庄供电公司高新供电中心与枣庄西配电所建立"一对一"联动机制，共同研判节日期间潜在风险， ...

Core Insights - The railway and highway sector experienced a rise of 1.42% on February 4, with Fulin Transportation leading the gains [1] - The Shanghai Composite Index closed at 4102.2, up 0.85%, while the Shenzhen Component Index closed at 14156.27, up 0.21% [1] Sector Performance - Fulin Transportation (002357) closed at 13.42, up 4.76% with a trading volume of 171,900 shares and a turnover of 230 million yuan [1] - Shanxi Expressway (000755) increased by 3.03% to close at 5.44, with a trading volume of 259,200 shares and a turnover of 142 million yuan [1] - Guangzhou-Shenzhen Railway (601333) rose by 2.61% to 3.15, with a trading volume of 702,800 shares and a turnover of 219 million yuan [1] - Other notable performers include Jilin Expressway (601518) up 2.45%, Tielong Logistics (600125) up 2.21%, and Shenhigao Expressway (600548) up 2.01% [1] Capital Flow - The railway and highway sector saw a net inflow of 400 million yuan from institutional investors, while retail investors contributed a net inflow of 1.78 million yuan [2] - The sector experienced a net outflow of 418 million yuan from speculative funds [2] Individual Stock Capital Flow - Major net inflows were observed in Daqin Railway (601006) with 272 million yuan, and Beijing-Shanghai High-Speed Railway (601816) with 131 million yuan [3] - Fulin Transportation (002357) had a net inflow of 17 million yuan from institutional investors, while retail investors saw a net outflow of 24.8 million yuan [3] - Other stocks like Haikou Group (603069) and Fujian Expressway (600033) also showed varying net inflows and outflows among different investor types [3]

证券日报网讯2月2日，京沪高铁（601816）在互动平台回答投资者提问时表示，若公司达到业绩预告披 露的标准，公司将按规定履行信息披露义务。 ...