Financial Performance - The company's operating revenue for Q3 2021 was ¥16,839,482,283.80, representing an increase of 82.41% compared to the same period last year[7]. - Net profit attributable to shareholders for Q3 2021 was ¥518,679,053.36, a 131.06% increase year-over-year[7]. - The net profit after deducting non-recurring gains and losses was ¥532,148,353.86, reflecting a 164.84% increase compared to the previous year[7]. - The basic earnings per share for Q3 2021 was ¥0.3331, up 66.22% from ¥0.2065 in the same quarter last year[7]. - The total profit amounted to CNY 2,073,260,390.05, an increase of 81.09% compared to the previous year[17]. - Net profit attributable to shareholders reached CNY 1,298,383,590.96, up 89.26% year-on-year[17]. - The net profit for the period was ¥2,073,143,901.26, compared to ¥1,148,937,288.74, showing an increase of approximately 80.7%[43]. - The total comprehensive income for the period was ¥1,674,019,080.23, compared to ¥862,424,320.32 in the previous period, showing a substantial increase[49]. Assets and Liabilities - The total assets at the end of the reporting period were ¥75,124,179,542.74, an increase of 36.39% compared to the end of the previous year[7]. - The company's total assets increased significantly due to new acquisitions and expansions, with intangible assets rising by 82.09% to CNY 332,836,613.81[15]. - Total assets increased to ¥75,124,179,542.74 from ¥55,080,915,338.19, representing a growth of approximately 36.4% year-over-year[36]. - The total liabilities increased to ¥59,173,235,030.54 from ¥42,186,415,968.26, representing a growth of about 40.3%[40]. - Long-term borrowings and bonds payable rose by 35.87% to CNY 6,146,258,019.24, mainly due to the issuance of corporate bonds[15]. Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥3,325,494,664.50, worsening by 75.82% compared to the same period last year[7]. - The company reported a net cash outflow from operating activities of CNY -3,325,494,664.50, a 75.82% increase in cash outflow[17]. - Cash inflows from operating activities totaled ¥26,246,689,060.56, compared to ¥15,647,760,724.09 in the previous period, marking a growth of approximately 67%[50]. - Cash outflows from operating activities were ¥29,572,183,725.06, up from ¥17,539,215,951.55, leading to a net cash flow from operating activities of -¥3,325,494,664.50[53]. - The net cash flow from investment activities was -¥1,961,985,954.72, compared to -¥220,113,746.25 in the previous period, reflecting a worsening position[53]. Shareholder Information - The total number of shares after the stock option plan execution increased to 1,558,028,003 shares, with 1,011,800 options exercised during the reporting period[25]. - The top ten unrestricted shareholders hold a total of 230,634,574 shares, with Shandong High-Speed Group Co., Ltd. being the largest shareholder, holding 55,888,000 shares[22]. - The company has released 230,634,574 shares from restrictions, which became tradable on October 19, 2021, enhancing liquidity in the market[25]. - The company’s major shareholder, Shandong High-Speed Group Co., Ltd., has a controlling stake and is involved in a merger with the former Qilu Transportation Development Group Co., Ltd.[22]. Expenses - Operating costs rose by 85.81% to CNY 34,804,618,372.77, reflecting increased workload[15]. - Research and development expenses increased by 55.64% to CNY 756,784,259.71, due to more R&D projects initiated[17]. - Financial expenses surged by 241.30% to CNY 367,143,640.44, attributed to increased financing activities[17]. - The company reported a tax expense of ¥437,850,704.69, compared to ¥239,465,603.85 in the previous period, which is an increase of approximately 83%[46]. Inventory and Receivables - The company's inventory rose by 60.00% to ¥2,673,235,354.81, attributed to increased procurement due to higher business volume[12]. - Accounts receivable increased to RMB 7,197,473,465.04 from RMB 6,178,886,809.25, reflecting a growth of about 16.43% year-over-year[29]. - The company has seen a significant increase in prepayments, which rose to RMB 1,861,121,770.74 from RMB 844,683,244.70, indicating a growth of approximately 120.00%[29]. Other Information - The company plans to issue convertible bonds with a total fundraising amount not exceeding RMB 300,000.00 million, aimed at financing several PPP projects and supplementing working capital[28]. - The company has implemented new leasing standards effective from January 1, 2021, with no impact on the balance sheet[69]. - The third quarter report was not audited, indicating a potential area for further scrutiny[70].

证券代码：000498 证券简称：山东路桥 公告编号：2021-143 山东高速路桥集团股份有限公司 关于参加山东辖区上市公司 2021 年度 投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的沟通互动工作，构建和谐投资者关系， 山东高速路桥集团股份有限公司（以下简称"公司"）将参加由山东 证监局、山东上市公司协会联合举办，深圳市全景网络有限公司承办 的"山东辖区上市公司 2021 年度投资者网上集体接待日活动"，现 将有关事项公告如下： 本次集体接待日活动，公司将于 2021 年 11 月 16 日（星期二） 下午 14:00—16:00 在深圳市全景网络有限公司提供的平台举行，投 资者可以登录"全景·路演天下"（http://rs.p5w.net/）参与本次 投资者集体接待日活动。届时公司董事、副总经理、董事会秘书赵明 学先生，总会计师裴仁海先生等将通过网络在线交流形式与投资者就 关注问题进行沟通交流。 欢迎广大投资者积极参与。 特此公告。 山东高速路桥集团股份有限公司董事会 2021 年 11 月 12 ...

山东高速路桥集团股份有限公司 2021 年第三季度报告 1 证券代码：000498 证券简称：山东路桥 公告编号：2021-134 山东高速路桥集团股份有限公司 2021 年第三季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、 完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责 任。 2. 公司负责人董事长、法定代表人周新波，主管会计工作负责人董事、总 经理林存友，总会计师裴仁海及会计机构负责人财务管理部部长高璞声明：保 证第三季度报告中财务报告的真实、准确、完整。 3.第三季度报告是否经过审计 □ 适用 √ 不适用 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 √ 是 □ 否 追溯调整或重述原因 同一控制下企业合并 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------- ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 22,258,569,291.03, representing a 90.12% increase compared to CNY 11,214,802,224.51 in the same period last year[29]. - The net profit attributable to shareholders of the listed company reached CNY 779,704,537.60, a 68.93% increase from CNY 400,255,622.49 in the previous year[29]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 746,411,094.32, up 103.64% from CNY 305,929,252.87 in the same period last year[29]. - The net cash flow from operating activities was CNY 2,206,039,768.81, a significant improvement of 287.42% compared to a negative cash flow of CNY -328,698,067.88 in the previous year[29]. - Basic earnings per share increased to CNY 0.5008, reflecting a 21.55% rise from CNY 0.3573 in the same period last year[29]. - Total assets at the end of the reporting period were CNY 70,096,129,464.25, marking a 27.26% increase from CNY 55,080,915,338.19 at the end of the previous year[29]. - The net assets attributable to shareholders of the listed company were CNY 9,428,345,584.42, which is a 9.05% increase from CNY 8,645,573,334.28 at the end of the previous year[29]. - The weighted average return on net assets was 8.63%, up from 7.01% in the previous year[29]. Business Operations - The company's main business, road and bridge engineering construction, generated revenue of CNY 201.88 billion, accounting for 90.70% of total operating income[47]. - The company actively expanded into municipal, housing construction, railway, and environmental management sectors, enhancing its comprehensive service capabilities[40]. - The company has been involved in significant highway projects, including the construction of major expressways and bridges across multiple provinces and countries[48]. - The company’s maintenance engineering business generated revenue of CNY 6.22 billion, representing 2.79% of total operating income[47]. - The company has established a comprehensive management system for construction, maintenance, and financing, ensuring a one-stop service for clients[40]. - The company ranked 58th among the top 100 foreign contracting companies and 15th in the transportation engineering sector in China[56]. Investment and Financing - The company issued bonds worth ¥300 million and medium-term notes worth ¥500 million at a record low interest rate of 3.78% for the same period, reflecting effective financing management[65]. - The company has established a financial management framework that integrates strategic, shared, and business finance, enhancing overall financial management capabilities[65]. - The company reported a significant increase in financial expenses, which rose by 397.93% to ¥212.23 million, primarily due to an increase in financing scale[74]. - The company achieved a net increase in cash and cash equivalents of ¥1.22 billion, a 214.56% improvement from a decrease of ¥1.06 billion in the previous year, driven by better operating cash flow and increased financing activities[74]. Research and Development - The company completed 13 technology achievements during the reporting period, with 2 reaching international advanced levels and 5 at the domestic leading level[57]. - The company has a total of 1,453 technical R&D personnel and 3,757 mid-to-senior title personnel, enhancing its technical capabilities[57]. - Research and development investment increased by 57.93% to ¥283.55 million, attributed to more R&D projects initiated compared to the previous year[74]. - The company has established 31 R&D platforms, including 1 national-level and 14 provincial-level research platforms[57]. - The company is transitioning towards intelligent, green, and digital construction methods, utilizing AI and cloud computing for equipment management[60]. Market and Strategic Outlook - The company plans to strengthen its main construction business and expand into the North and Northwest markets while seizing opportunities from the "Belt and Road" initiative[81]. - The company is exploring potential mergers and acquisitions to bolster its market position and expand its service offerings[193]. - Future outlook includes continued expansion in service provision, with a focus on project completion payments based on construction progress[189]. - The company anticipates a steady growth trajectory, with performance guidance suggesting a consistent increase in revenue streams from related services[192]. Environmental and Social Responsibility - The company has implemented an environmental policy aimed at creating a green brand and promoting high-quality development, focusing on building an environmentally friendly and resource-saving enterprise[152]. - The company's asphalt recycling technology has been applied in over 10 provinces, achieving a cumulative scale of approximately 15 million square meters, saving about 17,944 tons of standard coal and reducing carbon dioxide emissions by approximately 70,776 tons[162]. - The company has provided over 100 job opportunities in Yao County as part of its rural revitalization efforts, contributing to local employment stability[166]. - The company actively participated in flood relief efforts in Henan, repairing multiple roads and metro stations affected by extreme rainfall[168]. Risk Management - The company faces industry risks related to economic cycles and fixed asset investment in transportation infrastructure, which significantly influence business development[132]. - The company is exposed to material price increase risks, particularly for asphalt, concrete, and steel, which could lead to cost overruns and impact profitability[133]. - The company has implemented measures to mitigate risks, including resource integration and a focus on technological innovation to enhance operational quality and efficiency[136]. - The company is actively managing overseas business risks, including political and economic changes in foreign markets[136]. Corporate Governance - The company held three temporary shareholder meetings and one annual shareholder meeting in 2021, with investor participation rates of 72.18%, 75.70%, and 75.77% for the temporary meetings, and 74.31% for the annual meeting[139]. - The company did not distribute cash dividends, issue bonus shares, or convert capital reserves into share capital for the first half of 2021[143]. - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[174]. - The company has fulfilled all commitments made by actual controllers and shareholders during the reporting period[172].

Financial Performance - The company's operating revenue for Q1 2021 was ¥6,512,699,629.14, representing a 51.84% increase compared to ¥3,968,440,444.53 in the same period last year[9] - Net profit attributable to shareholders was ¥159,437,948.96, up 28.52% from ¥94,467,033.69 in the previous year[9] - The net profit after deducting non-recurring gains and losses was ¥148,350,191.13, reflecting a 40.63% increase from ¥75,900,079.61 in the prior year[9] - The net cash flow from operating activities was ¥242,812,349.68, a significant improvement of 120.43% from a negative cash flow of ¥988,295,594.59 in the same period last year[9] - Basic earnings per share were ¥0.1024, showing a decrease of 7.58% compared to ¥0.1108 in the previous year[9] - The weighted average return on net assets was 1.83%, slightly up from 1.70% in the previous year[9] - The company reported a total comprehensive income of ¥194,598,816.86 for the current period, down from ¥459,235,237.86 in the previous period[99] - The company reported a net profit of ¥28,682,378.08, compared to a net loss of ¥10,231,492.31 in the previous period, indicating a significant turnaround in performance[106] - Operating profit reached ¥28,632,866.04, a substantial improvement from the operating loss of ¥10,286,921.90 reported last year[106] Assets and Liabilities - Total assets at the end of the reporting period reached ¥59,760,744,045.37, an increase of 8.50% from ¥55,080,915,338.19 at the end of the previous year[9] - The net assets attributable to shareholders amounted to ¥8,834,367,579.47, which is a 2.18% increase from ¥8,645,573,334.28 at the end of the last year[9] - Total liabilities increased to ¥45.61 billion, up from ¥42.19 billion, which is an increase of approximately 8.5%[80] - Current liabilities totaled ¥37.09 billion, an increase from ¥35.11 billion, reflecting a growth of approximately 5.6%[80] - Non-current liabilities increased to ¥8.53 billion from ¥7.07 billion, marking a rise of about 20.7%[80] - The total owner's equity amounted to ¥14.15 billion, compared to ¥12.89 billion, showing a growth of about 9.8%[83] - The company reported a cash and cash equivalents balance of 174,785,650.08 CNY at the end of the period, down from 600,879,392.32 CNY at the beginning[117] Cash Flow - The net cash flow from operating activities improved by 120.43% to 242,812,349.68, driven by increased project completion and better cash collection[36] - Cash flow from operating activities totaled ¥11,544,001,001.17, up from ¥5,511,775,730.82 in the previous year, reflecting a strong increase in cash generation[111] - The company received cash from sales and services amounting to ¥8,619,525,074.27, compared to ¥4,527,068,253.67 in the prior period, showing a growth of approximately 90%[107] - The net cash flow from financing activities was ¥272,489,110.21, slightly up from ¥268,412,410.82 in the previous year, indicating stable financing operations[113] - Investment activities resulted in a net cash outflow of ¥1,256,113,422.73, compared to a net outflow of ¥572,769,911.35 in the prior period, reflecting increased investment efforts[111] Investments and Projects - The company has successfully won multiple construction projects, including the Mingcun to Dongjiakou highway engineering project, enhancing its market presence[43] - The company has signed major contracts for the construction of the Jinan to Weifang highway project, further expanding its operational scope[43] - The company has successfully bid for the construction of the Linzi to Linyi highway project, indicating strong competitive positioning[43] - The company reported a total contract amount of ¥213,734.74 million for the expansion of the Linyi to Laiwu section of the Beijing-Shanghai Expressway, with a cumulative revenue confirmation of ¥210,477.66 million[57] - The company confirmed revenue of ¥4,492.87 million for the current period and a cumulative revenue of ¥210,477.66 million from contracts with Shandong Expressway Group, achieving a progress rate of 98.48%[57] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,779, with the largest shareholder holding 49.88% of the shares[14] - The company has initiated a stock option incentive plan, with adjustments made to the list of incentive objects and the number of options granted[44] - The company reported no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[44] Research and Development - Research and development expenses increased by 112.29% to 59,834,731.08, indicating a rise in ongoing R&D projects[33] - Financial expenses escalated by 243.65% to 95,292,524.76, due to an increase in financing scale[33] Miscellaneous - The company reported a fair value change of ¥400,930,890.89 in its private equity fund investments[48] - The company has made significant investments in various rural revitalization funds, totaling ¥12,000,000 and ¥10,000,000 in different partnerships[48] - The company has no derivative investments reported during the reporting period[52] - The company has not reported any significant changes in expected operating performance for the first half of 2021[57] - The first quarter report has not been audited[129]

山东高速路桥集团股份有限公司 2020 年年度报告全文 山东高速路桥集团股份有限公司 2020 年年度报告 2021 年 04 月 1 山东高速路桥集团股份有限公司 2020 年年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连 带的法律责任。 公司负责人董事长、法定代表人王振江，主管会计工作负责人董事、总经 理林存友，总会计师裴仁海及会计机构负责人财务管理部部长高璞声明：保证 本年度报告中财务报告的真实、准确、完整。 除下列董事外，其他董事亲自出席了审议本次年报的董事会会议 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------|--------|-------|-------|-------|-------|-------|-------|----------------------------------------------- ...

Financial Performance - Operating revenue for the reporting period was ¥9,046,551,757.80, representing a year-on-year growth of 30.35%[10] - Net profit attributable to shareholders was ¥231,297,995.26, an increase of 11.36% compared to the same period last year[10] - Basic earnings per share for the reporting period were ¥0.2065, up 11.38% year-on-year[10] - The company reported a significant increase in net profit attributable to shareholders for the year-to-date, which reached ¥631,553,617.75, a 62.34% increase compared to the same period last year[10] - The total profit amounted to RMB 106,826.67 million, representing a 49.76% increase driven by higher project volumes and improved investment income[31] - The net profit for the current period was ¥324,665,887.32, compared to ¥269,533,656.72 in the previous period, reflecting a growth of approximately 20.5%[91] - The profit attributable to the parent company's shareholders was ¥231,297,995.26, an increase from ¥207,696,229.00, which is a rise of about 11.4%[91] - The net profit for the current period is 848,693,328.99, an increase from 523,053,473.79 in the previous period, representing a growth of approximately 62.1%[102] Assets and Liabilities - Total assets at the end of the reporting period reached ¥35,912,717,519.54, an increase of 12.01% compared to the end of the previous year[10] - The total liabilities increased to ¥27,601,596,478.61 from ¥23,809,513,817.37, representing an increase of approximately 15.5%[70] - The company reported a significant increase in short-term borrowings, rising to ¥3,898,506,108.98 from ¥2,210,941,315.40, an increase of approximately 76.2%[70] - Total liabilities amounted to CNY 23,809,513,817.37, an increase of CNY 2,179,110,066.36 from CNY 21,630,403,751.01[138] - The company's equity totaled CNY 8,251,712,675.36, reflecting a decrease of CNY 87,280,115.67 from CNY 8,164,432,559.69[138] Cash Flow - The net cash flow from operating activities was -¥771,227,118.94, showing an improvement of 8.38% compared to the previous year[10] - The company reported a net cash flow from operating activities of -109,992.52 million, a decrease of 59.55% compared to the previous period[31] - The net cash flow from operating activities was -1,099,925,186.82 yuan, compared to -689,381,531.07 yuan in the previous period, indicating a decline in operational cash flow[119] - Total cash inflow from operating activities was 16,439,290,764.73 yuan, while cash outflow was 17,539,215,951.55 yuan, resulting in a net cash outflow of 1,099,925,186.82 yuan[119] Investments and Expenses - Research and development expenses surged to RMB 48,510.43 million, a significant increase of 211.14% due to ongoing R&D projects[28] - The company reported an investment income of ¥3,703,629.68, significantly higher than ¥154,733.01 in the previous period[95] - The company incurred a credit impairment loss of ¥77,696,433.16, compared to ¥15,874,000.27 in the previous period, showing an increase in losses[91] - The financial expenses, including interest expenses, rose to 129,478,356.43 from 119,118,795.63, an increase of about 11.4%[102] Shareholder Information - The total number of shareholders at the end of the reporting period was 46,356[14] - The largest shareholder, Shandong Highway Group Co., Ltd., holds 60.66% of the shares[16] Other Financial Metrics - The weighted average return on equity was 3.99%, an increase of 0.26% compared to the previous year[10] - The company has no derivative investments during the reporting period[47] - The company has not reported any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[38] - The company has not engaged in any external guarantees that violate regulations during the reporting period[54]

证券代码：000498 证券简称：山东路桥 公告编号：2020-152 山东高速路桥集团股份有限公司 关于参加山东辖区上市公司 2020 年度投资者网上集体 接待日活动的公告 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。 为进一步加强与广大投资者的互动交流，山东高速路桥集团股份 有限公司（以下简称"公司"）将参加由中国证监会投资者保护局指导， 中国证券监督管理委员会山东监管局主办，山东上市公司协会、山东 省证券业协会及深圳市全景网络有限公司承办的"山东辖区上市公司 2020 年度投资者网上集体接待日"活动，现将有关事项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司 提供的网上平台举行，投资者可登录"全景•路演天下"网站 （http://rs.p5w.net）参与公司本次投资者集体接待日活动，网上互 动交流时间为 2020 年 9 月 29 日（星期二）15:00-16:55。 届时公司董事、董事会秘书、副总经理赵明学先生，总会计师裴 仁海先生等将通过网络在线交流的形式，与投资者就公司治理、发展 战略、经营状况及未来经营计划等投资者关注的 ...

山东高速路桥集团股份有限公司 2020 年半年度报告全文 山东高速路桥集团股份有限公司 2020 年半年度报告 1 2020 年 08 月 山东高速路桥集团股份有限公司 2020 年半年度报告全文 诺，请投资者注意投资风险。 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和 连带的法律责任。 | --- | |----------------------------------------------------------------------| | | | 公司负责人董事长、法定代表人王振江，主管会计工作负责人董事、总经 | | 理林存友，总会计师裴仁海及会计机构负责人财务管理部经理高璞声明：保证 | | 本半年度报告中财务报告的真实、准确、完整。 | | 所有董事均已出席了审议本报告的董事会会议。 | | 本半年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承 | 敬请投资者注意查阅本报告第四节经营情况讨论与分析\十、公司面临的风 险和应对措施。 公司计划不派发现金红利，不送红 ...

山东高速路桥集团股份有限公司 2020 年第一季度报告全文 山东高速路桥集团股份有限公司 2020 年第一季度报告 2020 年 04 月 1 山东高速路桥集团股份有限公司 2020 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人董事长、法定代表人王振江，董事、总会计师王爱国及会计机 构负责人财务管理部经理高璞声明：保证季度报告中财务报表的真实、准确、 完整。 2 山东高速路桥集团股份有限公司 2020 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 √ 是 □ 否 追溯调整或重述原因 | --- | --- | --- | --- | --- | |-----------------------------------------------------|-------------------|-------------------|------ ...