证券日报网讯2月24日，富临运业（002357）在互动平台回答投资者提问时表示，截至2026年2月13日， 公司股东人数为15727户。 ...

证券日报网讯2月12日，富临运业（002357）在互动平台回答投资者提问时表示，截至2026年2月10日， 公司股东人数为17127户。 ...

Core Viewpoint - The company, Fulin Transportation (002357.SZ), has recently seen its stock price break through the 60-day moving average, reaching a new high, driven by a significant projected increase in net profit for 2025 and strategic investments in emerging sectors such as autonomous driving and low-altitude economy [1] Financial Performance - The company's 2025 earnings forecast indicates an expected net profit of between 165 million to 196 million yuan, representing a year-on-year growth of 34.99% to 60.35% [2] - The net profit for the third quarter is projected to increase by 389.99% year-on-year, indicating a rapid improvement in profitability [2] - Despite a 4.90% year-on-year decline in revenue for the first three quarters of 2025, effective cost control and increased investment income have led to a remarkable 73.16% growth in net profit [2] Business Development - The company is strategically entering the fields of autonomous driving, low-altitude economy, and vehicle networking, including a joint venture with New Stone Technology to operate L4 level autonomous delivery vehicles in Suining [3] - Collaboration with SF Express's subsidiary, Fengyi Technology, focuses on low-altitude logistics, leveraging passenger station resources for scenic area logistics [3] - A strategic cooperation agreement with Tencent Cloud was signed in February 2026 to enhance smart transportation technology support, indicating a shift towards new business models [3] Market and Technical Analysis - Recent capital movements show a net inflow of main funds, with a significant cumulative increase in stock price over the past five days and a high turnover rate indicating active trading [4] - Technical indicators suggest that the stock price is stable above all major moving averages, with a MACD crossover and expanding bullish momentum, indicating continued short-term strength [4] Industry Policy and Environment - Although the overall performance of the transportation sector has been lackluster, the company's transformation strategy has yielded excess returns [5] - There is a notable gap between the comprehensive target price set by institutions and the current stock price, with a neutral rating prevailing [5] - Future attention is required on the progress of low-altitude economy policies and the commercialization effects of new business initiatives [5]

（原标题：富临运业、新石器成立无人捷运科技公司，含AI及机器人业务） 企查查APP显示，近日，四川无人捷运科技有限公司成立，注册资本2000万元，经营范围包含：智能机器人销售；智能机器人的研发；人工智能 行业应用系统集成服务；人工智能基础资源与技术平台等。企查查股权穿透显示，该公司由富临运业（002357）、新石器慧通（北京）科技有限 公司全资子公司新石器慧研（深圳）科技有限公司共同持股。 相关ETF 人工智能AIETF (产品代码: 515070) ★ 跟踪：中证人工智能主题指数 近五日涨跌: 1.38%。 市盈率: 65.84倍 资金流向: 最新份额为52.2亿份, 减少 了150.0万份,净申赎-316.0 同元。 估值分位: 81.60% 游戏ETF (产品代码：159869) ★ 跟踪：中证动漫游戏指数 资金流向: 最新份额为90.5亿份,增加 了1400.0万份,净申赎 2190.0万元。 估值分位: 60.07% 机器人ETF (产品代码: 562500) ★ 跟踪:中证机器人指数 近五日涨跌: -2.77% 近五日涨跌: -1.61% 市盈率： 40.97倍 市盈率： 73.52倍 资金流向: ...

Core Viewpoint - The EDR concept sector is experiencing a strong performance, with companies such as Xingmin Zhitong and Fulimin Yunye reaching their daily price limit increase [1] Group 1 - The EDR concept sector is showing strength in the market as of 10:30 AM on February 5 [1] - Companies Xingmin Zhitong and Fulimin Yunye have both hit the daily limit up [1]

Core Insights - The railway and highway sector experienced a rise of 1.42% on February 4, with Fulin Transportation leading the gains [1] - The Shanghai Composite Index closed at 4102.2, up 0.85%, while the Shenzhen Component Index closed at 14156.27, up 0.21% [1] Sector Performance - Fulin Transportation (002357) closed at 13.42, up 4.76% with a trading volume of 171,900 shares and a turnover of 230 million yuan [1] - Shanxi Expressway (000755) increased by 3.03% to close at 5.44, with a trading volume of 259,200 shares and a turnover of 142 million yuan [1] - Guangzhou-Shenzhen Railway (601333) rose by 2.61% to 3.15, with a trading volume of 702,800 shares and a turnover of 219 million yuan [1] - Other notable performers include Jilin Expressway (601518) up 2.45%, Tielong Logistics (600125) up 2.21%, and Shenhigao Expressway (600548) up 2.01% [1] Capital Flow - The railway and highway sector saw a net inflow of 400 million yuan from institutional investors, while retail investors contributed a net inflow of 1.78 million yuan [2] - The sector experienced a net outflow of 418 million yuan from speculative funds [2] Individual Stock Capital Flow - Major net inflows were observed in Daqin Railway (601006) with 272 million yuan, and Beijing-Shanghai High-Speed Railway (601816) with 131 million yuan [3] - Fulin Transportation (002357) had a net inflow of 17 million yuan from institutional investors, while retail investors saw a net outflow of 24.8 million yuan [3] - Other stocks like Haikou Group (603069) and Fujian Expressway (600033) also showed varying net inflows and outflows among different investor types [3]

证 券 研 究 报 告 富临运业（002357）深度研究报告 推荐（首次） 四川省道路客运龙头，积极布局三大战略转型方向：交旅 融合+低空经济+无人物流——华创交运|低空60系列（26） 公交 2026 年 02 月 03 日 当前价：12.81 元 华创证券研究所 证券分析师：吴一凡 公司研究 邮箱：wuyifan@hcyjs.com 执业编号：S0360516090002 证券分析师：梁婉怡 邮箱：liangwanyi@hcyjs.com 执业编号：S0360523080001 证券分析师：吴晨玥 邮箱：wuchenyue@hcyjs.com 执业编号：S0360523070001 证券分析师：霍鹏浩 邮箱：huopenghao@hcyjs.com 执业编号：S0360524030001 证券分析师：卢浩敏 邮箱：luhaomin@hcyjs.com 执业编号：S0360524090001 证券分析师：李清影 邮箱：liqingying@hcyjs.com 执业编号：S0360525080004 证监会审核华创证券投资咨询业务资格批文号：证监许可（2009）1210 号 [ReportFinancialI ...

Investment Rating - The report gives a "Recommended" rating for the company, marking its first coverage [1][11]. Core Insights - The company is the leading road passenger transport enterprise in Sichuan Province and the only special-grade passenger transport enterprise in the province, actively pursuing three strategic transformation directions: integration of transportation and tourism, low-altitude economy, and unmanned logistics [5][7][12]. Company Overview - The company has a total share capital of 31,348.90 million shares and a total market value of 40.06 billion yuan [2]. - As of June 30, 2025, the company operates 6,179 vehicles and 846 passenger transport routes [5][17]. Financial Performance - Revenue has largely recovered to 2019 levels, with passenger transport income accounting for over 70% of total revenue [5][30]. - The company expects a net profit attributable to shareholders of 165 to 196 million yuan in 2025, representing a year-on-year growth of 35% to 60% [5][37]. - Investment income has been a significant source of profit, contributing over 75% to total profit from 2020 to 2024 [5][42]. Strategic Transformation 1: Integration of Transportation and Tourism - The company benefits from the growing population in Chengdu, which is expected to contribute 67.87% of revenue in 2024 [5][58]. - The company has launched eight convenient bus routes with an occupancy rate exceeding 85% [5][58]. Strategic Transformation 2: Low-Altitude Economy - The integration of logistics and low-altitude operations is seen as a significant opportunity, with partnerships being explored to enhance operational efficiency [5][9]. - The company is collaborating with Fengyi, a leading logistics drone company, to develop a low-altitude logistics service system [5][9]. Strategic Transformation 3: Unmanned Logistics - The unmanned logistics sector is supported by favorable policies and presents new business opportunities [5][10]. - The company is actively exploring partnerships with leading unmanned vehicle companies to implement unmanned delivery services [5][10]. Investment Recommendations - The company is projected to achieve net profits of 180 million, 220 million, and 200 million yuan from 2025 to 2027, with corresponding EPS of 0.6, 0.7, and 0.6 yuan [11][37].

证券日报网讯 2月3日，富临运业在互动平台回答投资者提问时表示，截至2026年1月30日，公司股东人 数为14783户。 （文章来源：证券日报） ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for its stock performance in the coming months [6]. Core Insights - The company, Fulian Transportation, has announced an expected increase in net profit attributable to shareholders for 2025, projected to be between 165 million to 196 million yuan, representing a year-on-year growth of 35% to 60% [4]. - The growth in performance is primarily attributed to the confirmation of land reserves and an increase in investment income, exceeding expectations [4]. - The company is strategically expanding into low-altitude logistics and has formed a joint venture with a leading manufacturer of unmanned logistics vehicles, which is expected to open new growth avenues [6]. Financial Data and Profit Forecast - Total revenue for 2025 is estimated at 851 million yuan, with a slight year-on-year decline of 0.5% [5]. - The net profit attributable to shareholders for 2025 is forecasted at 180 million yuan, reflecting a significant year-on-year increase of 47.3% [5]. - The company anticipates a steady increase in net profit over the next few years, with projections of 226 million yuan in 2026 and 277 million yuan in 2027 [5][7].