本公司及董事会全体成员保证信息披露内容的真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 山东高速路桥集团股份有限公司（以下简称"公司"）于 2024 年 4 月 15 日在巨潮资讯网（www.cninfo.com.cn）披露了公司《2023 年年度报告》全文及摘要。 为便于广大投资者进一步了解公司 2023 年年度经营情况，公司 将于 2024 年 5 月 8 日（星期三）下午 15:00—16:00 在深圳证券交易 所（以下简称"深交所"）"互动易"平台举行 2023 年年报业绩说明 会。本次业绩说明会将采用网络远程的方式举行，投资者可登录深交 所"互动易"平台（http://irm.cninfo.com.cn）进入"云访谈"栏 目参与本次业绩说明会。 证券代码：000498 证券简称：山东路桥 公告编号：2024-37 山东高速路桥集团股份有限公司 关于召开 2023 年年报业绩说明会的公告 为充分尊重投资者、提升交流的针对性，现就公司 2023 年年报 业绩说明会提前向投资者公开征集问题，广泛听取投资者的意见和建 议。投资者可提前登录深交所"互动易"平台"云访谈"栏目进入公 司本次业绩说明会页 ...

证券代码：000498 证券简称：山东路桥 公告编号：2024-38 债券代码：149488 债券简称：21 山路 01 山东高速路桥集团股份有限公司 关于拟下调"21 山路 01"公司债券票面利率的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 山东高速路桥集团股份有限公司（以下简称"发行人"或"公司"）于 2021 年 6 月 1 日完成发行"山东高速路桥集团股份有限公司 2021 年面向专业投资者公开发行公司债券 （第一期）"（以下简称"本期债券"或"21 山路 01"），根据《山东高速路桥集团股份有限 公司 2021 年面向专业投资者公开发行公司债券（第一期）募集说明书》（以下简称"《募 集说明书》"）中设定的发行人调整票面利率选择权，公司拟下调本期债券后 2 年票面 利率，具体情况如下： 一、《募集说明书》相关约定 发行人调整票面利率选择权：发行人有权决定在存续期的第 3 年末调整本期债券后 2 年的票面利率。发行人将于第 3 个计息年度付息日前的第 20 个交易日，在深圳证券交 易所指定的信息披露媒体上发布关于是否调整票面利率以及调整幅度的公告 ...

Financial Performance - Non-operating income from government subsidies amounted to ¥4,662,032.11, contributing to the overall financial performance[9] - Total operating revenue for the current period was CNY 9,565,917,173.91, a decrease of 14.94% compared to CNY 11,245,019,943.80 in the previous period[18] - Net profit for the current period was CNY 300,389,217.01, a decline of 8.79% from CNY 329,326,599.29 in the previous period[19] - The company's operating revenue for the current period is ¥9,565,917,173.91, a decrease of 14.93% compared to the same period last year[24] - The net profit attributable to shareholders is ¥244,417,473.56, reflecting a decrease of 2.82% year-over-year[24] - The total comprehensive income for the current period was CNY 289,806,597.96, slightly up from CNY 281,117,683.20 in the previous period[20] Cash Flow - The net cash flow from financing activities decreased by 59.56% to ¥3,090,634,226.40 compared to the previous year, primarily due to reduced fundraising inflows[13] - The net cash flow from operating activities is -¥2,760,975,744.44, a decline of 51.95% compared to the previous year[24] - The net cash flow from operating activities was -2,760,975,744.44, compared to -1,816,996,789.52 in the previous period, indicating a decline in operational performance[56] - The total cash inflow from investment activities was 248,371,009.99, significantly lower than 8,139,369.44 in the previous period[56] - The net cash flow from financing activities was 3,090,634,226.40, down from 7,643,349,348.63 in the previous period, reflecting reduced financing activities[56] - The total cash and cash equivalents decreased by 445,652,586.83, contrasting with an increase of 2,964,771,917.54 in the previous period[56] Assets and Liabilities - Total assets decreased to ¥136,607,091,824.42 from ¥139,538,781,800.01, reflecting a decline in overall asset value[17] - The total liabilities increased, with short-term borrowings rising to ¥8,752,761,307.72 from ¥7,889,329,711.39, indicating higher leverage[17] - The total liabilities amounted to CNY 103,836,886,702.50, compared to CNY 106,865,582,330.35 in the previous period[18] - The total equity attributable to shareholders of the parent company was CNY 22,792,771,765.32, an increase from CNY 22,691,726,983.87[18] - The company reported a decrease in contract assets to ¥51,071,677,668.90 from ¥55,086,123,351.74, reflecting changes in project financing[17] Inventory and Receivables - Accounts receivable increased to ¥15,297,917,550.93 from ¥14,121,064,454.40, indicating a rise in outstanding payments[17] - Inventory rose to ¥3,859,946,904.74 from ¥3,015,995,589.90, suggesting an increase in stock levels[17] - Contract liabilities rose by 63.37% to ¥3,547,679,054.42, primarily due to increased advance payments received[28] Expenses - Total operating costs amounted to CNY 9,221,701,799.71, down 14.87% from CNY 10,829,406,756.18 in the prior period[19] - R&D expenses increased to CNY 191,969,505.52, up 36.31% from CNY 140,854,339.49 year-over-year[19] - The company’s research and development expenses increased by 36.29% to ¥191,969,505.52, indicating a rise in R&D project investments[28] - Cash paid to employees increased to 1,366,687,217.36 from 1,282,263,317.03 in the previous period, indicating rising labor costs[56] Other Financial Metrics - Basic earnings per share for the current period was CNY 0.0930, down from CNY 0.1386 in the previous period[20] - Basic earnings per share decreased by 32.90% to ¥0.0930 from ¥0.1386 in the same period last year[24] - The company reported a decrease in tax expenses to CNY 61,427,813.37 from CNY 106,461,731.94 in the prior period[19] - Other comprehensive income after tax was CNY -10,582,619.05, compared to CNY -48,208,916.09 in the previous period[20] - The company reported a significant increase in credit impairment losses, which rose by 485.84% to ¥7,063,422.34[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 53,496, with the largest shareholder holding 49.75% of the shares[60] - The company has completed a share repurchase plan, acquiring 9,159,925 shares, accounting for 0.59% of the total share capital[33]

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山东高速路桥集团股份有限公司 关于子公司购置办公楼的进展公告 证券代码：000498 证券简称：山东路桥 公告编号：2024-35 公司正积极沟通济南四建等相关方，在不影响正常经营、不损害 公司利益的情况下，继续推进后续统一办证事宜。公司将积极督促润 阳置业按照政府部门有关不动产转让和登记的政策要求协调有关单位 和部门办理标的房产过户登记，维护公司权益。敬请广大投资者注意 投资风险。 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 山东高速路桥集团股份有限公司董事会 风险提示： 2024 年 4 月 18 日 截至目前，标的房产已交付尚未过户，公司已就标的房产办证及 违约责任提起诉讼。标的房产 18-25 层因卖方山东润阳置业有限公司 （以下简称"润阳置业"）债务执行，经济南市中级人民法院裁定归申 请执行人济南四建（集团）有限责任公司（以下简称"济南四建"）所 有。公司正积极沟通相关方，在不影响正常经营、不损害公司利益的 情况下，继续推进后续统一办证事宜。敬请广大投资者注意投资风险。 一、交易概述 山东高速路桥集团股份有限公司（以下简称"公司"）于 2018 ...

证券代码：000498 证券简称：山东路桥 公告编号：2024-34 山东高速路桥集团股份有限公司 关于公司 2024 年度第一期超短期融资 券发行结果的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 2024 年 4 月 15 日，公司成功发行了 2024 年度第一期超短期融资 券，募集资金已于同日到账，发行情况具体如下： | 名称 | 山东高速路桥集团 股份有限公司2024 年度第一期超短期 | | | | | | 简称 | 24 | 高速路桥 | | | SCP001 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 融资券 | | | | | | | | | | | | | 代码 | 012481285 | | | | | | 期限 | 180 | 日 | | | | | 起息日 | 2024 | 年 | 4 | 月 | 15 | 日 | 兑付日 | 2024 | 年 | 10 | 月 | 12 日 | | 计划发行总额（万 ...

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 7.76 CNY, indicating an expected upside from the current price of 5.54 CNY [19][32]. Core Insights - The company achieved a revenue of 73.02 billion CNY in 2023, representing a year-on-year growth of 3.3%. However, the net profit attributable to the parent company decreased by 15.2% to 2.29 billion CNY due to increased expense ratios and asset impairment losses [24][32]. - The company has successfully secured new orders, with a total bid amount of 118.69 billion CNY in 2023, reflecting a year-on-year increase of 35%. This growth is supported by a strong presence in the Shandong market and expanding overseas operations [1][32]. - The gross profit margin improved to 12.93% in 2023, up 0.74 percentage points year-on-year, driven by refined management practices [1][17]. Financial Summary - The company reported a gross profit margin of 12.93% in 2023, with a notable increase in the fourth quarter to 14.31% [1]. - The financial data indicates a significant rise in financial expenses, which increased by 101.26% year-on-year, primarily due to the growth in interest-bearing liabilities [9]. - The cash flow from operations showed a negative net amount of -3.96 billion CNY in 2023, indicating a substantial cash outflow compared to the previous year [37]. Market Position - The company continues to consolidate its market position in Shandong while actively exploring opportunities in other provinces and international markets, particularly in Africa and Eastern Europe [1][32]. - The report highlights the company's focus on enhancing its overseas engineering contracting capabilities, with successful bids in multiple countries including Tanzania, the Philippines, Myanmar, and Uganda [1].

Financial Performance - The company reported significant growth in revenue, with a year-on-year increase of 15% in the latest fiscal year[21]. - The company's operating revenue for 2023 reached ¥73,024,156,004.38, an increase of 3.29% compared to ¥70,698,648,686.93 in 2022[24]. - The net profit attributable to shareholders for 2023 was ¥2,288,678,890.25, reflecting a decrease of 15.15% from ¥2,697,257,941.14 in 2022[24]. - The total profit for the year was 3.72 billion CNY, a decrease of 12.08% compared to the previous year, while the net profit attributable to shareholders was 2.29 billion CNY, down 15.15%[50]. - The company achieved operating revenue of 73.02 billion yuan, a year-on-year increase of 3.29%[65]. - The total profit amounted to CNY 3.72 billion, representing a year-on-year decline of 12.08%[65]. - Net profit attributable to shareholders was CNY 2.29 billion, down 15.15% compared to the previous year[65]. Cash Flow and Assets - The net cash flow from operating activities was negative at ¥-3,956,654,685.54, a significant decline compared to ¥164,949,954.81 in 2022, marking a change of 2,498.70%[24]. - The company's total assets at the end of 2023 amounted to ¥139,538,781,800.01, representing a 26.57% increase from ¥110,244,003,171.32 in 2022[24]. - The net cash flow from operating activities decreased significantly by 2,498.70% to CNY -3.96 billion[66]. - The total cash inflow from financing activities increased by 97.60% year-on-year, reaching CNY 37.50 billion in 2023, while cash outflow from financing activities rose by 63.09% to CNY 26.23 billion[93]. - The net cash flow from financing activities saw a significant increase of 289.38%, amounting to CNY 11.27 billion in 2023 compared to CNY 2.89 billion in 2022[94]. - The company's total assets included cash and cash equivalents of CNY 8.17 billion, accounting for 5.86% of total assets, a slight decrease from 6.39% in the previous year[99]. Investments and Acquisitions - The company is actively pursuing strategic acquisitions to enhance its service offerings and market reach[21]. - The company acquired a subsidiary, Jiaojian Group, which has 41 various qualifications, enhancing its competitive edge in road and bridge construction and maintenance[63]. - The company has committed a total investment of RMB 683,400,000 for various projects, with cumulative investments reaching RMB 518,037,020, representing an investment progress of 75.94%[119]. - The company is engaged in strategic partnerships with various investment groups to enhance its project portfolio and market reach[105]. - The company has established several new subsidiaries, including Shandong Highway Bridge West Africa Co., Ltd. and Shandong Highway Bridge Bangladesh Co., Ltd., which are expected to positively impact overall performance[125]. Market Expansion and Strategy - The company is focusing on expanding its market presence in urban infrastructure projects, including roads, bridges, and tunnels[21]. - The company is actively expanding its market presence both domestically and internationally, focusing on regional market development strategies[40]. - The company plans to increase its operating revenue to 77.59 billion yuan in 2024, representing a growth of 6.25% from 2023, and aims for a net profit of 3.16 billion yuan, a 2.86% increase[139]. - The company aims to enhance market development efforts while consolidating traditional markets and exploring emerging market sectors in 2024[139]. - The company is considering strategic acquisitions to bolster its market position, with a budget of 1 billion RMB allocated for potential deals[167]. Research and Development - The company has initiated research and development for new technologies aimed at improving construction efficiency and safety[21]. - Research and development investment increased by 23.16% to CNY 2.22 billion[65]. - The number of R&D personnel increased to 2,449 in 2023, representing a growth of 27.42% compared to 1,922 in 2022[90]. - The company has completed 73 technology achievement evaluations, with 1 reaching international leading level, 22 at international advanced level, 22 at domestic leading level, and 28 at domestic advanced level[54]. - The company is focusing on technology innovation and has increased investment in key technology projects to support sustainable development[53]. Risk Management - The company has identified potential risks in the market, including regulatory changes and competition, and is developing strategies to mitigate these risks[5]. - The company is facing risks related to industry cycles, project construction timelines, material price increases, and market competition[140][141]. - The company will adopt measures to mitigate risks, including policy research, market analysis, and legal compliance[142]. Corporate Governance and Investor Relations - The company has established a sound corporate governance structure, ensuring compliance with relevant laws and regulations, with no significant discrepancies identified[149]. - The company has a robust investor relations management system, providing timely responses to investor inquiries through various channels[151]. - The company conducted multiple investor communications, including a performance briefing on May 11, 2023, attended by 17 institutional investors[145]. - The company has maintained a consistent communication strategy with institutional investors, reflecting its focus on transparency and engagement[145]. Employee Management and Compensation - The total number of employees at the end of the reporting period is 29,889, including 130 at the parent company and 14,772 at major subsidiaries[183]. - The company has implemented a performance-based compensation system that links employee salaries to company performance and individual assessments[185]. - The total remuneration for directors, supervisors, and senior management in 2023 amounted to 6,606,500 CNY[172]. - The basic annual salary for senior management is set at twice the average salary of on-duty employees from the previous year[171]. Construction Projects and Achievements - The company has successfully completed several major projects, contributing to a 20% increase in operational capacity[21]. - The company maintained a 100% inspection pass rate for its projects during the reporting period, receiving widespread praise from clients[51]. - The company has a comprehensive project management system that integrates digital platforms for cost and progress management, improving project efficiency[60]. - The company has reported a construction contract value of ¥1.55 billion for the first segment of the Gaoqing to Shanghe highway project, with a completion rate of 70.37%[79].

山东路桥管理层的责任是按照中国证监会《上市公司监管指引第2号 -- 上市公司募集资 金管理和使用的监管要求》、深圳证券交易所颁布的《深圳证券交易所上市公司自律监管指引 第 1 号-主板上市公司规范运作》及相关公告格式规定编制《山东高速路桥集团股份有限公司 董事会关于募集资金 2023年度存放与使用情况的专项报告》,并保证其内容的真实、准确、完 整,不存在虚假记载、误导性陈述或重大遗漏。 山东高速路桥集团股份有限公司 募集资金存放与实际使用情况鉴证报告 天职业字[2024]23226 号 目 录 募集资金年度存放与使用情况鉴证报告— -1 关于公司募集资金年度存放与使用情况的专项报告— -3 您可使用手机"扫一扫" 此码用于证明该审计报告是否由具有执业许可的会计师事 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn） #3 4-4 募集资金年度存放与使用情况鉴证报告 天职业字[2024]23226 号 山东高速路桥集团股份有限公司全体股东: 我们审核了后附的山东高速路桥集团股份有限公司(以下简称"山东路桥")《山东高速路 桥集团股份有限公司董事会关于募集资金 ...

山东高速路桥集团股份有限公司 二、独立董事年度履职概况 （一）出席会议及投票情况 2023 年度，公司召开了 12 次董事会、5 次股东大会。本人按照规定出席公 司董事会及股东大会，未出现缺席情况，其中通讯出席董事会 12 次，现场出席 股东大会 4 次，未出现连续两次未亲自出席会议的情况。参会期间，本人认真讨 论审议相关议案，均投了赞成票，没有提出异议，也无反对、弃权的情形。 （二）参与董事会专门委员会、独立董事专门会议的情况 2023 年度独立董事述职报告 本人张宏作为山东高速路桥集团股份有限公司（以下简称"山东路桥"、"公 司"）独立董事，2023 年度严格按照《公司法》《证券法》《上市公司治理准 则》《上市公司独立董事管理办法》《深圳证券交易所股票上市规则》《深圳证 券交易所上市公司自律监管指南第 1 号——业务办理》等有关法律、法规和《公 司章程》的规定，认真勤勉、忠实尽责的履行各项职责义务，积极出席相关会议， 认真审议董事会各项议案，依靠自身的专业知识和经验，充分发挥独立董事的独 立作用，维护公司及股东，特别是中小股东的利益。现将本人 2023 年度履行独 立董事职责情况汇报如下： 一、独立董事的 ...