Group 1 - The company, Beixin Road and Bridge (002307), announced that its subsidiary, Xinjiang Beixin Mining Construction Engineering Co., Ltd., has received a bid notification and has been selected as the winning bidder for a mining construction project by Alashan Right Banner Taixing Industrial Co., Ltd. with a bid amount of 504 million yuan [1] - The project has a duration of 27 months and includes three phases, which is expected to have a positive impact on the company's future performance [1] - However, there are uncertainties in the contract terms, and investors are advised to be aware of investment risks [1]

Group 1 - The company, Beixin Road and Bridge (002307.SZ), has received a bid notification from Guoxin International Engineering Consulting Group Co., Ltd. [1] - The company's subsidiary, Xinjiang Beixin Mining Construction Engineering Co., Ltd. (referred to as "Beixin Mining"), has been confirmed as the winning bidder for the mining construction project of Alashan Right Banner Taixing Industrial Co., Ltd. [1] - The total bid amount for the project is RMB 504 million. [1]

证券代码：002307 证券简称：北新路桥 公告编号：2025－51 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"）近日收到国信 国际工程咨询集团股份有限公司发来的中标通知书，根据《中标通知书》，本公 司子公司新疆北新矿业建设工程有限公司（以下简称"北新矿业"）被确定为阿拉 善右旗太兴实业有限责任公司矿建工程（以下简称"该项目"）中标人。中标金额 为人民币伍亿零叁佰陆拾贰万伍仟元（¥503,625,000.00）。 一、业主方及项目基本情况 （一）业主名称：阿拉善右旗太兴实业有限责任公司 本公司及子公司北新矿业与阿拉善右旗太兴实业有限责任公司不存在关联 关系。 （二）项目工期：27 个月。 二期工程包含：1180 运输石门；集中运输下山；1180 轨道石门；集中轨道 下山；集中运、轨联巷；1180 回风石门等； 三期工程包含：3-1 煤运输顺槽运料联巷；3-1 煤运输顺槽；采区变电所及 水仓独立回风巷；采区水泵房及变电所；采区水泵房通道等。 二、对公司的影响 ...

Group 1 - The company received a bid notification from GuoXin International Engineering Consulting Group, confirming its subsidiary BeiXin Mining as the winning bidder for a mining construction project [1] - The bid amount is ¥503,625,000, which is approximately 503.63 million yuan [1] - The project duration is set for 27 months and is divided into three phases, including main inclined shaft, coal cleaning inclined shaft, auxiliary inclined shaft, and return air shaft [1] Group 2 - Winning the bid is expected to enhance the company's market competitiveness and market share [1] - The company has not yet formally signed a contract with the project owner, indicating uncertainty in contract terms [1]

Core Viewpoint - The document outlines the issuance of a securities underwriting letter by CITIC Construction Investment Securities Co., Ltd. for the specific stock issuance of Xinjiang Beixin Road and Bridge Group Co., Ltd. in 2023, detailing the underwriting process and compliance with relevant regulations [1][2][3]. Group 1: Issuer Information - The issuer is Xinjiang Beixin Road and Bridge Group Co., Ltd., established on August 7, 2001, and listed on November 11, 2009, with a registered capital of 1,268,291,582 RMB [8][9]. - The main business activities include construction of public transportation infrastructure such as highways, bridges, tunnels, and municipal traffic engineering [22]. Group 2: Securities Issuance Details - The current issuance involves a specific stock offering to targeted investors, with the potential issuance quantity estimated at 30% of the total share capital prior to the issuance, amounting to approximately 380,487,474 shares [9]. - The shareholding structure before and after the issuance indicates a significant increase in the total shares from 1,268,291,582 to 1,648,779,056 shares post-issuance [9]. Group 3: Financial Performance - The company reported revenues of 1,165,806.87 million RMB in 2022, 848,655.44 million RMB in 2023, and 1,021,514.50 million RMB in the first half of 2024, with a net profit attributable to shareholders of 4,631.80 million RMB, 3,222.71 million RMB, and a loss of 42,290.85 million RMB respectively [22][23]. - The financial difficulties in 2024 were attributed to increased financial costs and credit impairment losses, primarily due to the operational phase of the Guangping Expressway [23]. Group 4: Underwriting and Compliance - CITIC Construction Investment Securities Co., Ltd. has conducted due diligence and internal review processes, confirming compliance with the Company Law and Securities Law, and has issued a positive underwriting opinion for the stock issuance [12][17]. - The underwriting team includes experienced representatives who have adhered to relevant regulations and maintained a good record in their underwriting practices [3][5].

Core Viewpoint - The company, Xinjiang Beixin Road & Bridge Group Co., Ltd, is planning to issue shares to specific investors, including its controlling shareholder, the Bingtuan Construction Group, to raise funds for infrastructure projects, particularly the Suzhou to Guzhen Expressway project. Group 1: Share Issuance Details - The share issuance will target no more than 35 specific investors, including the controlling shareholder, with a cash subscription amount between 20 million and 80 million RMB [2]. - The total number of shares to be issued will not exceed 30% of the company's total share capital before the issuance, amounting to a maximum of 380,487,474 shares [3]. - The pricing for the shares will be based on 80% of the average trading price over the 20 trading days prior to the pricing date [4]. Group 2: Fund Utilization - The total amount to be raised from this issuance is capped at 1.65 billion RMB, with the net proceeds allocated entirely to the Suzhou to Guzhen Expressway project [6]. - The company will initially use self-raised funds for project progress until the proceeds from the share issuance are available [6]. Group 3: Financial Performance and Risks - The company reported revenues of 1,165.81 million RMB, 848.66 million RMB, and a net loss of 46.41 million RMB and 8.43 million RMB in the last two years, primarily due to increased financial costs and credit impairment losses [10]. - The company has a high debt level, with interest-bearing debt reaching 356.73 million RMB, resulting in an asset-liability ratio of 88.58% as of June 2025 [9]. - The company faces risks related to the impairment of concession rights and potential delays in project implementation due to funding issues or unfavorable credit policies [11][12]. Group 4: Company Overview - Xinjiang Beixin Road & Bridge Group is primarily engaged in public transportation infrastructure construction, including highway, bridge, tunnel, and municipal engineering projects [15]. - The company is the first state-owned listed construction company in Xinjiang and has established a strong market presence across 26 provinces and 10 countries [15]. - The controlling shareholder, Bingtuan Construction Group, holds 46.34% of the company's shares, with the actual controller being the State-owned Assets Supervision and Administration Commission of the 11th Division of the Xinjiang Production and Construction Corps [16].

Group 1 - The company, Xinjiang Beixin Road and Bridge Group Co., Ltd., has received approval from the Shenzhen Stock Exchange for its application to issue shares to specific targets on June 23, 2025 [1] - On September 1, 2025, the China Securities Regulatory Commission issued a formal approval for the company's stock issuance registration [1] - The company disclosed its 2025 semi-annual report on August 27, 2025, and updated relevant documents in accordance with regulatory requirements [1] Group 2 - The company will fulfill its information disclosure obligations in a timely manner based on the progress of the stock issuance to specific targets [1]

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） 二〇二五年九月 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 十次会议及 2024 年第三次临时股东大会审议通过、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、证券公司、合格境外机 构投资者、人民币合格境外机构投资者以 ...

证券代码：002307 证券简称：北新路桥 公告编号：2025－50 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"）向特 定对象发行股票的申请已于 2025 年 6 月 23 日获得深圳证券交易所上市审核中心 审核通过，并于 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）。 公司于 2025 年 8 月 27 日披露了《新疆北新路桥集团股份有限公司 2025 年 半年度报告》，根据中国证券监督管理委员会及深圳证券交易所的会后事项监管 要求，公司会同相关中介机构对募集说明书、发行保荐书等相关文件进行了更新。 具体内容详见公司同日披露的相关公告。 公司将根据本次向特定对象发行股票的进展情况及时履行信息披露义务。敬 请广大投资者注意投资风险。 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会后事项相关文件披露的提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特此公告。 新疆北新路桥集团股份有限公司董事会 2025 ...

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 二〇二五年九月 保荐人出具的证券发行保荐书 保荐人及保荐代表人声明 中信建投证券股份有限公司及本项目保荐代表人宋华杨、张涛根据《中华人 民共和国公司法》《中华人民共和国证券法》等有关法律、法规和中国证监会的 有关规定以及深圳证券交易所的有关业务规则，诚实守信，勤勉尽责，严格按照 依法制订的业务规则、行业执业规范和道德准则出具本发行保荐书，并保证发行 保荐书的真实性、准确性和完整性。 3-1-1 | 释 3 | 义 | | --- | --- | | 第一节 本次证券发行基本情况 4 | | | 一、本次证券发行具体负责推荐的保荐代表人 4 | | | 二、本次证券发行项目协办人及项目组其他成员 4 | | | 三、发行人基本情况 6 | | | 四、保荐人与发行人关联关系的说明 9 | | | 五、保荐人内部审核程序和内核意见 10 | | | 六、保荐人对私募投资基金备案情况的核查 11 | | | 第二节 保荐人承诺事项 13 | | | 第三节 关于有偿聘请第三方机构和个人等相关行为的核 ...