Core Viewpoint - The company, Beixin Road and Bridge (002307.SZ), has been awarded a construction project for the G687 Tiemenguan to Alar highway, with a contract value of 434 million yuan [1] Group 1: Project Details - The project is for the fifth contract section of the G687 highway, which will be constructed to a dual-lane secondary road standard [1] - The designed speed for the highway is 80 km/h, with a roadbed width of 12.0 meters [1] - The project includes the construction of one super bridge measuring 4657 meters, two medium bridges of 108 meters each, and one small bridge of 22 meters [1] - A total of 39 culverts will be constructed, along with five at-grade intersections, one access road, and five emergency parking areas [1]

Core Viewpoint - The company, Beixin Road and Bridge (002307.SZ), has been awarded a construction project for the G687 Tiemenguan to Alar highway, with a contract value of 434 million yuan [1] Group 1: Project Details - The project is for the fifth contract section of the G687 highway, which will be constructed to a dual-lane secondary road standard [1] - The design speed for the highway is set at 80 km/h, with a roadbed width of 12.0 meters [1] - The project includes the construction of one super-large bridge measuring 4657 meters, two medium bridges of 108 meters each, and one small bridge of 22 meters [1] - A total of 39 culverts will be constructed, along with five at-grade intersections, one access road, and five emergency stopping areas [1]

Investment Rating - The industry rating is maintained at "Outperform the Market" [7] Core Viewpoints - The construction sector in Xinjiang is expected to benefit from policy catalysts as the region celebrates its 70th anniversary in 2025, with significant infrastructure investments projected [2][15] - The construction sector outperformed the broader market, with a weekly increase of 0.21% compared to a 0.91% decline in the CSI 300 index [6][15] - The focus on major transportation infrastructure projects, particularly the New Tibet Railway, is anticipated to drive investment growth in Xinjiang [20][21] Summary by Sections Investment Opportunities in Xinjiang - The fixed asset investment growth in Xinjiang for the first eight months of 2025 is 9.1%, surpassing the national average by 0.5% [2][15] - Major projects in transportation infrastructure, such as the New Tibet Railway, are set to commence, with a planned increase in public road investment exceeding 10% in 2025 [3][23] Coal Chemical Industry - The total planned investment for coal chemical projects nationwide is estimated at 1,032.9 billion, with Xinjiang accounting for 491.64 billion [4][32] - The average annual investment in coal chemical projects from 2025 to 2029 is projected to be 206.58 billion, a 220.6% increase compared to the average from 2021 to 2023 [4][33] Cement and Construction Materials - The cement shipment rate has shown a slight recovery, reaching 48.33%, indicating a positive trend in construction activity [5][35] - The issuance of special bonds remains robust, with a cumulative issuance of 3,264.137 million in the first eight months of 2025, reflecting a year-on-year increase of 26.9% [5][35]

Group 1 - The company held its 24th meeting of the 7th Board of Directors on September 19, 2025, where it approved the proposal to change the accounting firm [1][2][22] - The board unanimously voted in favor of the proposal with 9 votes for, 0 against, and 0 abstentions [3][5] - The company plans to appoint Sigma Accounting Firm as its auditor for the fiscal year 2025 due to the expiration of the contract with the previous firm, Yongtuo [10][19] Group 2 - Sigma Accounting Firm was established on June 28, 2013, and has 61 partners and 275 registered accountants, with 139 having signed audit reports for securities services [10][11] - The audit fee for the current period is set at RMB 2.66 million, which is slightly lower than the previous year's fee of RMB 2.7 million [17][18] - The company will submit the proposal for the change of accounting firm to the shareholders' meeting for approval [23][22] Group 3 - The company will hold its third extraordinary shareholders' meeting on October 9, 2025, to discuss the proposal [29][30] - The meeting will allow both on-site and online voting, with specific time slots for each voting method [31][39] - Shareholders must register by September 22, 2025, to participate in the meeting [32][37]

Company Overview - Beixin Road and Bridge (SZ 002307) announced the convening of its 24th meeting of the 7th Board of Directors on September 19, 2025, in Urumqi, Xinjiang [1] - The meeting reviewed the proposal for the third extraordinary general meeting of shareholders in 2025 [1] Financial Performance - For the first half of 2025, Beixin Road and Bridge's revenue composition was as follows: engineering revenue accounted for 91.35%, highway service industry 5.8%, other industries 1.47%, equipment leasing 0.56%, and real estate sales 0.5% [1] - As of the report date, the market capitalization of Beixin Road and Bridge was 6.1 billion yuan [1]

证券代码：002307 证券简称：北新路桥 公告编号：2025－53 新疆北新路桥集团股份有限公司 关于拟变更会计师事务所的公告 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。 特别提示： （一）机构信息 1.基本信息 机构名称：希格玛会计师事务所（特殊普通合伙） 1.前任会计师事务所：永拓会计师事务所（特殊普通合伙）（以下简称"永 拓"）。 2.拟聘任会计师事务所：希格玛会计师事务所（特殊普通合伙）（以下简称 "希格玛"）。 3.变更会计师事务所的原因：永拓与公司签订的审计服务合同已到期，按照 《国有企业、上市公司选聘会计师事务所管理办法》等有关规定，公司通过公开 招标的方式聘请希格玛担任公司 2025 年度财务、内控审计机构。 4.本次变更会计师事务所符合财政部、国务院国有资产监督管理委员会、中 国证券监督管理委员会颁布的《国有企业、上市公司选聘会计师事务所管理办法》 （财会〔2023〕4 号）的规定。公司审计委员会、董事会对本次变更会计师事务 所事项无异议。本次变更尚需提交公司股东会审议。 2025 年 9 月 19 日，新疆北新路桥集团股份有限公司（以 ...

证券代码：002307 证券简称：北新路桥 公告编号：2025－54 新疆北新路桥集团股份有限公司 关于召开 2025 年第三次临时股东会的通知 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。 一、召开会议的基本情况 1、本次会议届次：2025 年第三次临时股东会 2、本次会议召集人：公司董事会 3、本次会议召开的合法、合规性： 证券代码：002307 证券简称：北新路桥 公告编号：2025－54 交易系统和互联网系统两种投票方式，同一股份只能选择其中一种方式。同一表 决权出现重复表决的以第一次投票结果为准。 6、股权登记日：2025 年 9 月 22 日（星期一）。 公司第七届董事会第二十四次会议审议通过了《关于召开 2025 年第三次临 时股东会的议案》，本次会议召开符合有关法律、行政法规、部门规章、规范性 文件和《公司章程》等的有关规定。 4、会议召开的日期、时间： 现场会议时间为：2025 年 10 月 9 日（星期四）上午 11：00 网络投票时间为：2025 年 10 月 9 日。其中，通过深圳证券交易所交易系统 进行网络投票的具体时间为：2025 ...

证券代码：002307 证券简称：北新路桥 公告编号：2025－52 具体内容详见公司同日在《证券时报》《证券日报》《中国证券报》及巨潮资 讯网（http://www.cninfo.com.cn）披露的《关于召开 2025 年第三次临时股东 会的通知》（公告编号：2025-54）。 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。 新疆北新路桥集团股份有限公司（以下简称"公司""本公司"）关于召开第 七届董事会第二十四次会议的通知于 2025 年 9 月 12 日以通讯方式向各位董事发 出，会议于 2025 年 9 月 19 日在乌鲁木齐市经济技术开发区（头屯河区）澎湖路 33 号北新大厦 22 层本公司会议室召开。本次会议应到董事 9 人，实到董事 9 人， 参会董事符合法定人数。会议由董事长张斌先生主持，会议的召集、召开、表决 程序符合《中华人民共和国公司法》和《公司章程》的有关规定。经与会董事审 议，形成以下决议： 一、审议通过《关于拟变更会计师事务所的议案》。 本议案已经公司第七届董事会审计委员会 2025 年第七次会议审议通过。 表决结果：同意 9 票 ...

Group 1 - The A-share market saw a collective surge in Xinjiang concept stocks, with notable performances from companies such as Bona Film Group, Tianfu Energy, and Xinjiang Communications Construction, all hitting the daily limit up [1] - Other companies like Tianshan Shares, Xuefeng Technology, and Qingsong Jianhua experienced increases of over 6%, while Beixin Road and Bridge, Xiyu Tourism, and Lianang Technology rose by more than 5% [1] - Yuan Dao Communication and Xinjiang Zhonghe also saw gains exceeding 4% [1]

Group 1: Company Overview - Xinjiang Beixin Road and Bridge Group Co., Ltd. is located in Urumqi, Xinjiang, and was established on August 7, 2001, with its listing date on November 11, 2009 [2] - The company's main business involves construction of public transportation infrastructure, including highway engineering, bridge engineering, tunnel engineering, and municipal traffic engineering [2] - The revenue composition includes: engineering income 90.25%, highway toll income 5.80%, other income 1.13%, labor subcontracting income 1.10%, leasing income 0.56%, real estate sales 0.50%, merchandise sales income 0.32%, testing income 0.17%, and property management fee income 0.17% [2] Group 2: Financial Performance - For the period from January to June 2025, the company achieved operating revenue of 4.956 billion yuan, representing a year-on-year growth of 20.66% [2] - The net profit attributable to the parent company was -80.9127 million yuan, a decrease of 8.6868 million yuan year-on-year [2] Group 3: Stock and Financing Information - On September 17, the company's stock price fell by 1.46%, with a trading volume of 161 million yuan [1] - The financing buy-in amount on that day was 20.9879 million yuan, while the financing repayment was 32.5617 million yuan, resulting in a net financing buy-in of -11.5738 million yuan [1] - As of September 17, the total margin trading balance was 227 million yuan, accounting for 3.79% of the circulating market value, which is below the 50th percentile level over the past year, indicating a low level [1] Group 4: Shareholder Information - As of June 30, the number of shareholders was 60,600, a decrease of 6.81% compared to the previous period, with an average of 17,999 circulating shares per person, an increase of 7.30% [2] Group 5: Dividend Information - Since its A-share listing, the company has cumulatively distributed cash dividends of 74.3196 million yuan, with a total of 12.6829 million yuan distributed over the past three years [3]