Market Performance - On November 5, the Xinjiang state-owned enterprise reform sector rose by 1.08% compared to the previous trading day, with Western Gold leading the gains [1] - The Shanghai Composite Index closed at 3969.25, up 0.23%, while the Shenzhen Component Index closed at 13223.56, up 0.37% [1] Stock Performance - Key stocks in the Xinjiang state-owned enterprise reform sector showed the following performance: - Western Gold (601069) closed at 27.39, up 3.55% with a trading volume of 252,400 shares and a turnover of 682 million yuan [1] - Xinjiang Tianye (600075) closed at 4.91, up 2.08% with a trading volume of 292,800 shares and a turnover of 143 million yuan [1] - Other notable stocks include: - Zhun Oil (002207) at 8.38, up 1.95% [1] - Western Animal Husbandry (300106) at 11.53, up 1.86% [1] Capital Flow - The Xinjiang state-owned enterprise reform sector experienced a net outflow of 863,300 yuan from main funds, while speculative funds saw a net inflow of 42.82 million yuan, and retail investors had a net outflow of 41.96 million yuan [2][3] - Specific stock capital flows included: - Western Gold had a main fund net outflow of 23.03 million yuan and a speculative fund net inflow of 43.15 million yuan [3] - Liti New Energy (001258) had a main fund net inflow of 21.27 million yuan [3]

Core Viewpoint - Xinjiang Beixin Road and Bridge Group Co., Ltd. has updated its financial data related to the issuance of shares to specific targets and has recently won a construction bid for a highway project, which is expected to positively impact the company's future performance [1][3]. Group 1: Financial Data Update - The company received approval from the China Securities Regulatory Commission on September 1, 2025, for the issuance of shares to specific targets [1]. - Financial data and other changes in the offering documents have been updated following the release of the company's Q3 2025 report on October 27, 2025 [1]. Group 2: Project Bid Announcement - The company’s subsidiary, Alar Beixin Transportation Construction Technology Co., Ltd., has been awarded the contract for the fifth section of the G217 line Sha Ya to Alar highway project, with a bid amount of approximately RMB 557.59 million [3][4]. - The project has a duration of 1,095 days and includes various engineering works such as roadbed, pavement, bridge and culvert, environmental protection, and traffic safety facilities [5][8]. Group 3: Project Impact - Winning this project is expected to enhance the company's market competitiveness and share, potentially leading to positive future performance if the project is successfully implemented [8].

证券简称：北新路桥 证券代码：002307 新疆北新路桥集团股份有限公司 2023 年度向特定对象发行股票 募集说明书 （注册稿） 保荐人（主承销商） 二〇二五年十月 北新路桥 2023 年向特定对象发行股票 募集说明书（注册稿） 重大事项提示 本公司特别提请投资者注意，在做出投资决策之前，务必仔细阅读本募集 说明书"第五章 与本次发行相关的风险因素"的全部内容，并特别关注以下 事项。 一、本次向特定对象发行股票的相关事项已经公司第七届董事会第一次会 议、2023 年第二次临时股东大会、第七届董事会第六次会议、第七届董事会第 十次会议、2024 年第三次临时股东大会、第七届董事会第二十二次会议及 2025 年第二次临时股东会审议通过、深圳证券交易所审核通过并已获得中国证监会 注册。 二、本次向特定对象发行股票的发行对象为包括公司控股股东兵团建工集 团在内的不超过35名特定投资者。除兵团建工集团以外的其他对象包括符合中 国证监会规定的证券投资基金管理公司、证券公司、信托投资公司、财务公司、 保险机构投资者、合格境外机构投资者，以及符合中国证监会规定的其他法人、 自然人或其他合格的投资者。证券投资基金管理公司、证 ...

新疆北新路桥集团股份有限公司（以下简称"北新路桥"或"公司"）已于 2025 年 9 月 1 日获得中国证券监督管理委员会出具的《关于同意新疆北新路桥 集团股份有限公司向特定对象发行股票注册的批复》（证监许可〔2025〕1925 号）。具体详见公司于 2025 年 9 月 5 日披露的《关于向特定对象发行股票申请 获得中国证券监督管理委员会同意注册批复的公告》（公告编号：2025-49）。 证券代码：002307 证券简称：北新路桥 公告编号：2025－60 新疆北新路桥集团股份有限公司 关于向特定对象发行股票申请文件更新财务数据的提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 鉴于公司于2025年10月27日披露了《新疆北新路桥集团股份有限公司2025 年第三季度报告》，公司会同中介机构对募集说明书、发行保荐书等相关文件中 涉及的财务数据及其他变动事项进行了同步更新。具体内容详见公司同日披露的 相关公告文件。 公司将根据本次发行的进展情况，按照有关规定和要求及时履行信息披露义 务，敬请广大投资者注意投资风险。 特此公告。 新疆北新路桥集团股份有限 ...

中信建投证券股份有限公司 关于 新疆北新路桥集团股份有限公司 2023 年向特定对象发行股票 之 发行保荐书 保荐人 二〇二五年十月 保荐人出具的证券发行保荐书 保荐人及保荐代表人声明 保荐人出具的证券发行保荐书 释 义 | 在本发行保荐书中，除非另有说明，下列词语具有如下特定含义： | | --- | | 保荐人/中信建投证券 | 指 | 中信建投证券股份有限公司 | | --- | --- | --- | | 公司、股份公司、发行人、 北新路桥 | 指 | 新疆北新路桥集团股份有限公司 | | 兵团建工集团、控股股东 | 指 | 新疆生产建设兵团建设工程（集团）有限责任公司 | | 本次发行 | 指 | 北新路桥 2023 年向特定对象发行股票 | | 《注册管理办法》 | 指 | 《上市公司证券发行注册管理办法》 | | 中国证监会、证监会 | 指 | 中国证券监督管理委员会 | | 深交所 | 指 | 深圳证券交易所 | | 报告期、报告期各期 | 指 | 年、2023 年、2024 年及 2025 年 1-9 月 2022 | | 报告期各期末 | 指 | 2022/12/31、2023/12/31 ...

Core Points - The company, Beixin Road and Bridge (002307), has received a bid notification from Xinjiang Asha Highway Development Co., Ltd. [1] - The company's subsidiary, Alar Beixin Transportation Construction Technology Co., Ltd., has been awarded the contract for the fifth section of the G217 Shaya-Alar highway project [1] - The total bid amount for this project is 558 million yuan [1]

Core Points - The company announced that its subsidiary, Alar City Beixin Transportation Construction Technology Co., Ltd., has been awarded the bid for the fifth contract section of the G217 Shaya-Alar highway project with a bid amount of 558 million yuan [1] - The project owner is Xinjiang Asha Highway Development Co., Ltd., with a construction period of 1,095 days and a total length of 28.00 km, including subgrade and pavement works [1] - Winning this project is expected to enhance the company's competitiveness and market share, and successful implementation could positively impact its performance [1] - However, the company has not yet formally signed a contract with the owner, leading to uncertainties regarding the contract terms [1]

证券代码：002307 证券简称：北新路桥 公告编号：2025－61 新疆北新路桥集团股份有限公司 工程中标公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 新疆北新路桥集团股份有限公司（以下简称"公司""本公司"）近日收到新疆 阿沙公路发展有限公司发来的中标通知书，根据《中标通知书》，本公司子公司 阿拉尔市北新交通建设科技有限公司（以下简称"北新交通"）被确定为第一师 G217 线沙雅—阿拉尔公路项目施工第五合同段（以下简称"该项目"）中标人。 中标金额为人民币伍亿伍仟柒佰伍拾玖万贰仟叁佰壹拾叁元肆角陆分 （¥557,592,313.46）。 （四）项目概况： 该项目全长 28.00km，包括路基工程、路面工程、桥涵工程、环保工程、交 叉工程和交通安全设施等。 二、对公司的影响 该项目的中标有利于公司进一步提升市场竞争力和市场份额，若该项目顺利 实施将对公司未来业绩产生积极影响。 一、业主方及项目基本情况 （一）业主名称：新疆阿沙公路发展有限公司 本公司及子公司北新交通与新疆阿沙公路发展有限公司不存在关联关系。 （二）项目工期：1095 天。 （三）质量 ...

Core Viewpoint - The company, Beixin Road and Bridge (002307), emphasizes its capability to undertake various infrastructure construction projects as a large state-owned construction listed company, with a strategic focus on domestic and international market expansion and optimization of overseas operations [1] Group 1: Company Strategy - The company adopts a development strategy of "deepening within the region, expanding outside the region, and optimizing overseas" to establish a multi-point market layout domestically and internationally [1] - The company engages in a diverse range of project types, primarily focusing on traditional construction sectors such as highways and municipal projects, while also venturing into new infrastructure sectors [1] Group 2: Project Execution - The main projects undertaken by the company include highway engineering (various grades of highways, tunnels, and major bridges), municipal engineering (municipal roads and subways), railway engineering, and building construction [1] - The company possesses a large number of experienced technical personnel and construction teams, enabling it to organize and complete various types of construction projects effectively [1] Group 3: Competitive Advantage - The company enhances its core competitiveness in undertaking engineering projects by employing appropriate construction techniques and management measures tailored to different construction environments [1] - The company actively participates in infrastructure projects in Xinjiang, leveraging its construction advantages in the field and responding to national policy guidance [1] Group 4: Future Outlook - The company aims to combine regional advantages with industry development trends, actively participating in projects that align with its development strategy, thereby contributing to the high-quality development of Xinjiang [1]

Core Viewpoint - The company has released its third-quarter financial report, ensuring the accuracy and completeness of the information disclosed, with no significant omissions or misleading statements [2][3]. Financial Data - The third-quarter financial report has not been audited [8]. - The company does not require retrospective adjustments or restatements of previous accounting data [3]. - There are no non-recurring profit and loss items applicable for the reporting period [3]. Shareholder Information - The company’s controlling shareholder, Xinjiang Production and Construction Corps Engineering (Group) Co., Ltd., has had 177,260,865 shares released from restrictions as of July 14, 2025, due to the expiration of the lock-up period [5]. - The company has received approval from the China Securities Regulatory Commission for a specific stock issuance, with plans to proceed according to regulatory requirements [6]. Financial Statements - The company has prepared consolidated financial statements, including the balance sheet, income statement, and cash flow statement for the period ending September 30, 2025 [7].