Core Viewpoint - The company Shanghai Port Bay has shown significant growth and strategic advancements in various sectors, particularly benefiting from the Belt and Road Initiative and its focus on soil remediation and energy solutions in commercial aerospace. Group 1: Company Performance - On August 6, Shanghai Port Bay's stock rose by 6.23%, with a trading volume of 620 million yuan and a turnover rate of 10.47%, bringing the total market capitalization to 5.926 billion yuan [1] - For the first quarter of 2025, the company reported revenue of 372 million yuan, a year-on-year increase of 29.25%, and a net profit attributable to shareholders of 35.697 million yuan, up 18.59% year-on-year [8] - The company has distributed a total of 102 million yuan in dividends since its A-share listing, with 95.9198 million yuan distributed over the past three years [9] Group 2: Strategic Initiatives - The company has implemented its technology in various coastal provinces and cities in China, as well as in Southeast Asian countries along the Belt and Road, completing over 20 projects related to ultra-soft soil foundation treatment [2] - In its 2023 annual report, the company emphasized its "going out" strategy, participating in soil improvement and foundation treatment projects in Belt and Road countries, providing green solutions that enhance local ecological and living conditions [2] - The company’s core technology system offers differentiated geotechnical engineering solutions, reducing project costs and construction time while achieving social and economic benefits [3] Group 3: Market Position and Shareholder Information - As of March 31, 2024, overseas revenue accounted for 83.01% of the company's total revenue, benefiting from the depreciation of the yuan [4] - The company is classified under the construction decoration industry, specifically in specialized engineering, and is involved in various concept sectors including the Belt and Road Initiative and small-cap stocks [8] - The number of shareholders increased by 0.12% to 11,500, with an average of 21,155 shares held per person, a decrease of 0.12% [8]

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。 上海港湾基础建设（集团）股份有限公司（以下简称"公司"、"上海港湾"） 分别于 2025 年 4 月 28 日、2025 年 5 月 30 日召开了第三届董事会第十二次会议、 2024 年年度股东大会，审议通过了《关于回购注销部分限制性股票的议案》《关 于注销公司回购专用证券账户库存股的议案》《关于增加董事会席位并修订<公 司章程>相关事项的议案》。具体内容详见公司于 2025 年 4 月 30 日在上海证券 交易所网站（www.sse.com.cn）披露的《上海港湾关于回购注销限制性股票的公 告》（公告编号：2025-014）、《上海港湾关于注销公司回购专用证券账户库存 股的公告》（公告编号：2025-017）和《上海港湾关于变更注册资本、增加董事 会席位并修订<公司章程><董事会议事规则>相关事项的公告》（公告编号： 2025-019）。 公司就上述事项分别于 2025 年 6 月 26 日、2025 年 7 月 22 日在中国证券登 记结算有限公司上海分公司完成了相应的股票 ...

（文章来源：每日经济新闻） 每经AI快讯，截至8月6日收盘，共21只个股5日量比超过5倍。*ST亚振5日量比达11.49倍，顺威股份5日 量比8.08倍，上海港湾、爱仕达、机器人5日量比均超7倍。 ...

Core Viewpoint - Shanghai Port Bay has shown a positive market performance with a 1.87% increase in stock price and a total market capitalization of 5.599 billion yuan, indicating investor confidence in the company's growth potential [1] Group 1: Company Performance and Strategy - The company has successfully implemented its technology in various coastal provinces and cities in China, as well as in Southeast Asian countries along the "Belt and Road" initiative, completing over 20 projects related to ultra-soft soil foundation treatment [2] - In the 2023 annual report, the company emphasized its "going out" strategy, participating in soil improvement and foundation treatment projects in "Belt and Road" countries, providing green solutions that significantly enhance local ecological and living environments [2] - The company's core technology system offers differentiated geotechnical engineering solutions, reducing project costs and construction time while achieving social and economic benefits [2][3] Group 2: Financial Performance - As of the 2024 annual report, overseas revenue accounted for 83.01% of the company's total revenue, benefiting from the depreciation of the yuan [3] - For the first quarter of 2025, the company reported revenue of 372 million yuan, a year-on-year increase of 29.25%, and a net profit attributable to shareholders of 35.697 million yuan, up 18.59% year-on-year [8] Group 3: Shareholder and Market Activity - The company has distributed a total of 102 million yuan in dividends since its A-share listing [9] - As of March 31, 2025, the number of shareholders increased to 11,500, with a slight decrease in the average circulating shares per person [8][9]

来源：新浪证券-红岸工作室 7月29日，上海港湾跌0.09%，成交额1.16亿元，换手率2.06%，总市值56.67亿元。 异动分析 一带一路+土壤修复+节能环保+人民币贬值受益+商业航天 1、公司目前相关技术应已用于我国浙江、江苏、广东、福建、辽宁等多个沿海省、市， 并已推广 到"一带一路"沿线的东南亚国家，公司累计完成有关超软土地基处理工程 20 余项， 为我国沿海和"一 带一路"沿线的工程建设提供了有力的保障。 2、2023年年报：报告期内，公司深入推进"走出去"战略重要指示精神，通过自主研发的"高真空"系列 工艺技术，深度参与"一带一路"国家的不良土壤改良和地基处理工程，提供降碳减污的绿色解决方案， 输出绿色基础设施标准助力当地发展，极大改善了沿海沿岸地区的生态环境和居民生活环境，并为当地 培养了大量熟悉国际标准的拥有丰富绿色经验的技能人才，为东道国探索绿色转型、可持续发展贡献力 量。 3、2022年3月24日互动易：公司目前的核心技术体系能够为不同行业客户提供差异化的岩土工程解决方 案，从而降低工程造价、缩短工期、环保节能，实现良好的社会效益和经济效益。 4、根据2024年年报，公司海外营收占比为8 ...

Core Viewpoint - Shanghai Port Construction (Group) Co., Ltd. has decided to cancel 32 shares from its repurchase special securities account, reducing its total share capital from 244,584,841 shares to 244,584,809 shares [1][5][6] Group 1: Repurchase Overview - The company approved a share repurchase plan on March 8, 2023, with a total expenditure of 67.3847 million yuan, repurchasing 1.27% of its total share capital at an average price of 30.74 yuan per share [2][3] - A total of 2,192,000 shares were transferred to the employee stock ownership plan at a price of 15.73 yuan per share, leaving 32 shares remaining in the repurchase account [2][3] Group 2: Decision Process for Cancellation - The decision to cancel the remaining 32 shares was made during the board and supervisory meetings held on April 28, 2025, and was approved at the annual general meeting on May 30, 2025 [3][4] - The company has complied with legal requirements regarding creditor notification, and no objections were raised during the 45-day notice period [3][4] Group 3: Cancellation Details - The cancellation of the 32 shares is due to the expiration of the three-year holding period, which will end on April 6, 2026 [5] - The cancellation process is scheduled to be completed by July 22, 2025, with necessary changes to the company's registration to follow [5] Group 4: Impact of Cancellation - The cancellation of the repurchased shares will not materially affect the company's operational or financial status, nor will it alter the control or listing status of the company [6]

关于注销公司回购专用证券账户库存股的实施公告 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： 根据《中华人民共和国公司法》《上市公司股份回购规则》和《上海证 券交易所上市公司自律监管指引第 7 号——回购股份》等有关法律法规，股票 回购专用证券账户中的库存股应当在三年内按照依法披露的用途进行转让，未按 照披露用途转让的，应当在期限届满前注销。基于上述原因，上海港湾基础建设 （集团）股份有限公司（以下简称"公司"、"上海港湾"）于 2025 年 4 月 28 日 召开第三届董事会第十二次会议和第三届监事会第十一次会议，并于 2025 年 5 月 30 日召开 2024 年年度股东大会，审议通过了《关于注销公司回购专用证券账 户库存股的议案》，同意注销公司回购专用证券账户中剩余股份 32 股。本次注销 完成后，公司总股本将由 244,584,841 股变更为 244,584,809 股。 证券代码：605598 证券简称：上海港湾 公告编号：2025-029 上海港湾基础建设（集团）股份有限公司 本次注销的相关情况 ...

Group 1: Shanghai Portway - The company focuses on geotechnical engineering and aims for sustainable growth by seizing domestic and international market opportunities and adhering to technological innovation [1] - In the field of perovskite solar cells, the company has advantages in close cooperation between industry, academia, and research, top talent and patent advantages, differentiated technology routes, full-chain layout, and global support [1] - Perovskite materials offer high conversion efficiency and cost advantages, indicating a broad future market development space [1] - The company provides lightweight, low-cost, high-performance space energy system solutions for satellites and spacecraft, successfully applied in multiple satellites [1] - The theoretical design lifespan of the company's perovskite batteries can reach 20 years, covering the entire lifecycle power demand of satellites and other spacecraft [1] Group 2: *ST Chengchang - The company, as a front-end player in the industry chain, has sensed a significant acceleration in downstream procurement demand, with increased order volume and delivery pace [2] - The star-mounted T/R chips have achieved large-scale application in multiple satellite series, and low-orbit satellite communication chips have entered the stage of mass delivery [2] - Revenue in the airborne sector is growing rapidly, while ground projects are gradually entering mass production [2] - The company has completed the iterative research and development of satellite communication T/R chip solutions and plans for mass delivery, with optimistic market expectations [2] - Through cost reduction and efficiency enhancement measures, the company is confident in maintaining a reasonable gross margin [2] - The company plans to increase R&D investment and optimize supply chain management to ensure timely and high-quality order delivery [2]

Investment Rating - The industry rating is maintained as "Outperform the Market" [5] Core Insights - The construction sector has seen a significant increase in attention towards urban renewal, with undervalued large-cap stocks showing signs of stabilization. The sector's performance is driven by improved demand-side policy expectations and a shift away from excessive competition, benefiting both large and small-cap stocks. The report suggests focusing on high-growth segments such as urban renewal, coal chemical, nuclear power, and steel structures, while also considering the beta opportunities in large-cap stocks [1][13][14]. Summary by Sections Urban Renewal - Urban renewal is accelerating, with policies from the central government outlining goals and support measures. The focus includes the renovation of old residential areas, establishing safety management systems for buildings, and creating resilient and smart cities. The report identifies four key categories for investment: design and testing, construction and decoration, urban infrastructure renovation, and resilient/smart city initiatives, highlighting specific companies in each category [2][15][17]. Market Performance - The construction index rose by 2.77% in the week of July 7-11, outperforming the Shanghai and Shenzhen 300 index by 1.76 percentage points. Notable performers included Guosheng Technology (+42.98%), New City (+34.73%), and Beautiful Ecology (+34.46%) [4][21][26]. Investment Recommendations - The report emphasizes the cyclical opportunities arising from improved physical work volume in infrastructure. It suggests focusing on high-demand areas such as water conservancy, railways, and aviation, particularly in regions like Sichuan, Zhejiang, Anhui, and Jiangsu. Recommended companies include Sichuan Road and Bridge, Zhejiang Communications, and major state-owned enterprises like China Communications Construction and China Railway Construction [27][28]. Emerging Business Directions - The report highlights the growing demand for computing power driven by AI applications, recommending companies like Hainan Huatie for their transition into computing power leasing. It also notes the potential in cleanroom sectors due to the ongoing domestic replacement in the semiconductor industry, suggesting companies like Baicheng and Shenghui Integration [29][30]. Major Projects and Themes - The report identifies significant investment opportunities in major hydropower projects, deep-sea economy, and low-altitude economy, recommending companies involved in these sectors, such as China Power Construction and China Energy Engineering [32][30].

Core Points - The company announced a cash dividend of 0.114 CNY per share (including tax) for its A shares [1][2] - The dividend distribution plan was approved at the annual general meeting on May 30, 2025 [1] - The total cash dividend to be distributed amounts to approximately 27.88 million CNY (including tax) [2] Dividend Distribution Details - The dividend will be distributed based on a total share capital of 244,584,841 shares, excluding 32 shares held in the company's repurchase account, resulting in a base of 244,584,809 shares [2] - The relevant dates for the dividend distribution are as follows: - Record date: July 16, 2025 - Last trading day: July 17, 2025 - Ex-dividend date: July 17, 2025 [3] Tax Implications - For individual shareholders holding shares for more than one year, the dividend income is exempt from personal income tax, resulting in an actual cash dividend of 0.114 CNY per share [4] - For shares held for less than one year, the company will not withhold personal income tax at the time of distribution; tax will be calculated upon the transfer of shares [4][5] - For qualified foreign institutional investors (QFII), a 10% withholding tax will apply, resulting in an actual cash dividend of 0.1026 CNY per share after tax [6]