Group 1 - The stock of *ST Zhengping has experienced a significant increase, with 7 out of the last 10 trading days resulting in a trading halt, leading to a cumulative increase of 51.70% and a turnover rate of 44.66% [2] - As of 9:25 AM, the stock recorded a trading volume of 880,800 shares and a transaction amount of 3.541 million yuan, with a turnover rate of 0.13% [2] - The latest total market capitalization of A-shares reached 2.812 billion yuan [2] Group 2 - The company reported a total operating income of 344 million yuan for the first half of the year, representing a year-on-year decrease of 37.77%, and a net profit of -88.1221 million yuan, down 12.40% year-on-year, with basic earnings per share at -0.1300 yuan [2] - The stock has been listed on the Dragon and Tiger list due to a cumulative closing price deviation of 12% over three consecutive trading days, with a net buying amount of 3.1169 million yuan from the leading trading departments [2] - Zhengping Road and Bridge Construction Co., Ltd. was established on March 18, 1996, with a registered capital of 699.62337 million yuan [2]

每经AI快讯，9月16日，*ST正平涨停走出3连板，3天累计涨幅达15.52%。 ...

证券代码：603843 证券简称：*ST 正平 公告编号：2025-053 正平路桥建设股份有限公司 关于股票交易的风险提示公告 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。 正平路桥建设股份有限公司（以下简称"公司"）股票价格近期涨幅较大，公司 提醒广大投资者注意二级市场交易风险，相关提示如下： 三、关于非经营性资金占用的进展情况 2024 年，公司控股子公司贵州水利实业有限公司（以下简称"贵州水利"）的少 数股东贵州欣汇盛源房地产开发有限公司（以下简称"欣汇盛源"）存在对贵州水利 的非经营性资金占用，经公司核查实际占用资金为 1,320.9219 万元，2025 年 7 月欣 汇盛源以现金方式归还占用资金 900 万元，截至目前占用余额为 420.9219 万元（公 告编号：2025-035）。 四、公司业绩持续亏损 2024 年公司实现营业收入 13.62 亿元，归母净利润-4.84 亿元，扣非后的归母净 利润-4.75 亿元，2025 年上半年公司实现营业收入 3.44 亿元，归母净利润-0.88 亿元， 扣非后的归 ...

证券代码：603843 证券简称：*ST 正平 公告编号：2025-054 正平路桥建设股份有限公司 2025年第一次临时股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 843 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 265,874,748 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 38.0026 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 9 月 15 日 (二)股东大会召开的地点：青海西宁市城西区五四西路 67 号 10 楼会议室 本次股东大会由公司董事会召集，董事长田世生主持。大会采取现场与网络投票 相结合的方式进行表决。本次会议的召集、召开和表决符合《 ...

令青海竞帆律鹏务所 关于正平路桥建设股份有限公司 2025年第一次临时股东大会之 法律意见书 J／〃g／h′『C7ii″〃'8I0000 青 海 竞 帆 律 师 事 务 所 股东大会法律意见书 青海竞帆律师事务所 青 海 竞 帆律 师 事 务 所 地址:青海省西宁市西关大街130号青海银行18楼 电话:0971＝8587800 邮编:810000 关于正平路桥建设股份有限公司2O25年第 —次临时股东大会的法律意见书 （2025）青竞律（非诉）字第（3388）号 电子邮箱:jfsjⅢytd0163。coⅢ ＿ 目 录 | 一 、 | | | 关于本次股东大会的召集、召开程序…...………….…….…4 | | --- | --- | --- | --- | | ≡、 | | | 关于出席本次股东大会人员的资格…………………….….….5 | | — -Ⅲ、 | | | 关于本次股东大会的表决程序…..………...……….…….…….6 | | 四 | 、 | 结 ＝口 | 么士 论息见…………..…….….……..…….…………… ….……………7 →ˉ | 霉 ＜ 幽司昏≈ 青海竞帆律师事务所 股东大会法律 ...

Group 1 - The core transaction involved *ST Zhengping, with a total of 333,300 shares traded on September 15, resulting in a transaction value of 1.2165 million yuan, which accounted for 23.57% of the total trading volume for that day [1] - The transaction price was 3.65 yuan per share, representing a discount of 4.7% compared to the market closing price of 3.83 yuan [1]

Group 1 - The stock *ST Zhengping has experienced a significant increase, with 6 limit-up days in the last 9 trading days, resulting in a cumulative increase of 44.53% and a turnover rate of 44.42% [2] - As of 9:25 AM, the stock's trading volume was 242,000 shares, with a transaction amount of 926,900 yuan, and the latest total market capitalization of A-shares reached 2.68 billion yuan [2] - The company reported a revenue of 344 million yuan in the first half of the year, a year-on-year decrease of 37.77%, and a net profit of -88.12 million yuan, a year-on-year decline of 12.40% [2] Group 2 - The stock has shown notable daily performance, with the highest daily increase of 5.16% on September 9, 2025, and a net inflow of main funds reaching 1,632.81 million yuan on that day [2] - The stock has been listed on the Dragon and Tiger list due to a cumulative closing price deviation of 12% over three consecutive trading days [2] - The stock's basic earnings per share is reported at -0.1300 yuan [2]

Core Viewpoint - *ST Zhengping's stock reached the daily limit with a price of 3.83 yuan, reflecting a 4.93% increase and a total market capitalization of 2.68 billion yuan, driven by factors in infrastructure construction, cultural tourism development, and non-ferrous metal mining [1][2]. Group 1: Company Overview - The company operates in infrastructure construction, cultural tourism and industrial comprehensive development, and non-ferrous metal mining, also providing infrastructure investment consulting services [2]. - Infrastructure construction is a crucial support for national economic development, and increased government investment in this area may present more business opportunities for the company [2]. - The cultural tourism sector is recovering and developing, which may benefit the company's cultural tourism development business [2]. Group 2: Market Trends - Recent market trends show increased activity in the infrastructure construction, cultural tourism, and non-ferrous metal sectors, indicating heightened investor interest [2]. - The tourism peak season is approaching, leading to increased investor attention on the cultural tourism sector [2]. - Non-ferrous metal prices have experienced fluctuations, with some metal prices rising, positively impacting related mining companies' stock performance [2]. Group 3: Technical Analysis - There may have been positive technical signals for the stock, such as MACD golden cross and BOLL channel breakout, which could attract more capital inflow and contribute to the stock's limit-up performance [2].

Investment Rating - The industry investment rating is "Overweight" indicating that the industry is expected to outperform the overall market [2][25]. Core Insights - The construction and decoration sector has shown a weekly increase of 2.42%, outperforming the Shanghai Composite Index by 1.03 percentage points. The best-performing sub-industries include ecological landscaping (+6.46%), infrastructure private enterprises (+4.64%), and decorative curtain walls (+3.45%) [3][4][5]. - The Ministry of Finance continues to implement a series of debt reduction measures, including the early issuance of part of the 2026 new local government debt limit, aimed at alleviating existing hidden debts [12][14]. - The transportation sector is advancing with the establishment of national AI application pilot bases in cities like Qingdao, indicating a significant push towards integrating AI in transportation [12]. Industry Performance - The construction industry outperformed major indices, with the SW Construction Decoration Index rising by 2.42% compared to the Shanghai Composite Index's 1.52% [4]. - The top three sub-industries by weekly growth were ecological landscaping (+6.46%), infrastructure private enterprises (+4.64%), and decorative curtain walls (+3.45%) [5][10]. - Year-to-date, the infrastructure private enterprises and ecological landscaping sectors have both seen significant growth of approximately 43.49% and 43.44%, respectively [5]. Key Company Developments - The company "Metro Design" signed a contract for the feasibility study of the Ho Chi Minh City Urban Rail Transit Line 2, valued at 46 million yuan, which represents 1.67% of its 2024 revenue [14][15]. - "Beixin Road and Bridge" secured a contract for a mining construction project worth 504 million yuan, accounting for 4.93% of its 2024 revenue [14][15]. - "Ningbo Construction" won a joint bid for a project valued at 443 million yuan, representing 2.10% of its 2024 revenue [15][16]. Investment Recommendations - The report suggests that while the overall industry remains weak, regional investments may gain traction as national strategies are implemented. Recommended companies include state-owned enterprises like China Chemical, China Railway, and China Railway Construction, as well as private firms such as Zhi Te New Materials and Honglu Steel Structure [3][12].

Core Points - The horse racing concept sector experienced a decline of 0.07% as of the market close on September 11, with notable declines in stocks such as Xinhua Duh and Zhongti Industry [1] - Among the horse racing concept stocks, *ST Zhengping, Zhujiang Piano, and Hainan Rubber saw increases of 2.05%, 1.30%, and 0.56% respectively [1] Sector Performance - The top-performing sectors today included: - Co-packaged optics (CPO) with a rise of 6.64% - Copper cable high-speed connection up by 5.89% - AI PC increasing by 5.20% - Chinese AI 50 up by 5.15% - F5G concept rising by 5.10% [2] - Conversely, the horse racing concept was among the sectors with the largest declines, alongside dairy and football concepts [2] Capital Flow - The horse racing concept sector saw a net outflow of 162 million yuan, with five stocks experiencing significant outflows. Zhongti Industry led with a net outflow of 73.03 million yuan, followed by Xinhua Duh with 63.69 million yuan [2] - Stocks with net inflows included Zhujiang Piano and Hainan Rubber, with inflows of 8.65 million yuan and 8.37 million yuan respectively [2] Individual Stock Performance - The following stocks had notable capital flows: - Zhongti Industry: -2.56% change with a turnover rate of 8.21% and a net outflow of 73.03 million yuan - Xinhua Duh: -2.72% change with a turnover rate of 17.71% and a net outflow of 63.69 million yuan - *ST Zhengping: +2.05% change with a turnover rate of 7.41% and a net outflow of 5.25 million yuan [2]