Core Viewpoint - Chengdu Road and Bridge (002628) announced that its controlling shareholder, Sichuan Dongjun Taida Industrial Co., Ltd., will have 52.997 million shares publicly auctioned on Taobao's judicial auction platform, representing 34.05% of the shares held by the controlling shareholder and its concerted parties, and 7% of the company's total share capital [1][2]. Group 1: Auction Details - The auction is led by the Intermediate People's Court of Chengdu, scheduled from November 24, 10:00 to November 25, 10:00, with the shares being unrestricted circulating shares [2]. - The starting price for the auction is approximately 183 million yuan, calculated as 70% of the average closing price over the last 20 trading days multiplied by the total number of shares [2]. Group 2: Shareholding Structure - As of October 23, Hongyi Jiahua holds 118 million shares of Chengdu Road and Bridge, all of which are judicially frozen, accounting for 100% of its holdings and 15.56% of the company's total share capital [5]. - After the auction, if successful, the combined shareholding of Dongjun Taida and Hongyi Jiahua will decrease to 13.56%, but this will not change the company's control or governance structure [6]. Group 3: Historical Context - Chengdu Road and Bridge has experienced multiple changes in its actual controller, with significant events including the change of control in 2018 when Liu Zhihong acquired the company for nearly 2.2 billion yuan [7]. - In December 2022, 37.8597 million shares were auctioned, with Dongjun Taida winning the bid at 138 million yuan, leading to a transfer of voting rights to Dongjun Taida [8]. Group 4: Financial Performance - Chengdu Road and Bridge has faced declining performance, with a reported revenue of 810 million yuan in 2024, down 30.53% year-on-year, and a net loss of 92.1721 million yuan, a staggering drop of 2151.47% [15]. - In the first half of 2025, the company continued to struggle, achieving a revenue of 334 million yuan and a net loss of 22.6406 million yuan [15]. Group 5: Market Reaction - As of October 24, Chengdu Road and Bridge's stock price fell by 2.37%, closing at 4.95 yuan per share, with a total market capitalization of 3.748 billion yuan [16].

Group 1 - Hu Silicon Industry plans to reduce its shareholding by up to 2%, amounting to a maximum of 54.94 million shares, during the period from November 17, 2025, to February 16, 2026 [1] - Lixin Micro intends to reduce its shareholding by up to 3%, totaling a maximum of 4.01 million shares, from November 14, 2025, to February 13, 2026 [2] - Dual Good Energy signed a contract worth $119 million with Ust-Kamenogorsk CHP LLP in Kazakhstan, representing 6.50% of its audited revenue for 2024 [3] Group 2 - Dual Good Energy plans to raise up to 1.29 billion yuan through a private placement for projects including zero-carbon intelligent manufacturing [5] - Top Cloud Agriculture's shareholders plan to reduce their holdings by up to 3.3%, with specific reductions of 1% and 2.30% from different parties [7] - Hwa Woo Co. reported a 70.84% increase in net profit for the first three quarters, with revenue reaching 994 million yuan, a 16.55% increase year-on-year [8] Group 3 - Chongde Technology's net profit increased by 19.68% in the first three quarters, with revenue of 445 million yuan, a 20.25% increase [10] - New Meixing reported a 191.95% increase in net profit for the first three quarters, with revenue of 870 million yuan, a 15.88% increase [11] - Sanxia New Materials reported a net loss of 59.85 million yuan in the first three quarters, with revenue declining by 27.29% [13] Group 4 - Wanma Co. achieved a 61.57% increase in net profit for the first three quarters, with revenue of 14.11 billion yuan, an 8.36% increase [14] - Chengdu Road and Bridge announced that 7% of its shares, totaling 52.997 million shares, will be auctioned [15] - BGI Genomics plans to jointly apply for a national science project with a total budget of 120 million yuan [17] Group 5 - Qiangbang New Materials plans to reduce its shareholding by up to 1.49%, totaling a maximum of 2.376 million shares [18] - Wanyi Technology reported a net profit of 25.76 million yuan for the first three quarters, turning a profit from a loss [20] - Zhongtai Chemical reported a net loss of 179 million yuan in the first three quarters, with revenue of 21.25 billion yuan, a 5.55% decrease [21] Group 6 - Tend Technology reported a 9.8% increase in net profit for the first three quarters, with revenue of 1.54 billion yuan, a 15.07% increase [22] - Potential Hengxin reported a net loss of 18.19 million yuan in the first three quarters, with revenue of 427 million yuan, an 18.26% increase [27] - Lichen Industrial reported a 90.85% increase in net profit for the third quarter, with revenue of 3.48 billion yuan, a 35.09% increase [29] Group 7 - Saiseng Pharmaceutical reported a 152.81% increase in net profit for the first three quarters, with revenue of 309 million yuan, a 4.41% decrease [31]

Core Viewpoint - Chengdu Road and Bridge (002628) is facing a judicial auction of 52.997 million shares held by its significant shareholder, Sichuan Hongyi Jiahua Industrial Co., Ltd., which represents 7% of the company's total share capital and 34.05% of the shares held by the controlling shareholder and its concerted parties [1][3]. Group 1: Auction Details - The auction will be conducted by the Chengdu Intermediate People's Court from November 24 to November 25, 2025, on the Taobao judicial auction platform, with a starting price of approximately 183 million yuan [1]. - The shares involved in the auction are unrestricted circulating shares, and as of the announcement, no one has registered to participate, although 296 individuals have shown interest [1]. Group 2: Historical Context - This is not the first time Hongyi Jiahua has faced a judicial auction; previously, on December 6, 2022, it auctioned 37.8597 million shares, which were ultimately acquired by the controlling shareholder, Dongjun Taida, for 138 million yuan [3]. - Following the previous auction, a voting rights entrustment agreement was signed on March 13, 2023, where Hongyi Jiahua entrusted all voting rights of its 117.8 million shares (15.55% of total shares) to Dongjun Taida, allowing Dongjun Taida to effectively control 20.55% of the voting rights despite holding only 5% of the shares [3]. Group 3: Impact on Company Structure - If the current auction is successful, the combined shareholding of Dongjun Taida and Hongyi Jiahua will decrease to 13.56%, but the company has stated that this auction will not lead to a change in control or affect the stability of its governance structure [4]. - Chengdu Road and Bridge has confirmed that it maintains complete independence in assets, business, finance, and organization from its controlling shareholders, indicating that the auction will not significantly impact its daily operations or ongoing viability [4].

人民财讯10月23日电，成都路桥（002628）10月23日公告，公司控股股东东君泰达的一致行动人宏义嘉 华持有的5299.70万股公司股份(占公司总股本的7%)将于11月24日10:00时至25日10:00时止在淘宝网司法 拍卖网络平台进行公开拍卖。截至目前，东君泰达及宏义嘉华合计持有公司20.56%股份，若此次司法 拍卖最终成交，将导致其持股比例降低至13.56%，但不会导致公司控制权发生变更。 ...

2、鉴于本次司法拍卖事项尚处于公示阶段，根据相关规定法院有权在拍卖 开始前、拍卖过程中，中止拍卖或撤回拍卖，后续可能涉及竞拍、缴款、股权变 更过户等环节，拍卖结果存在不确定性。 一、本次股份将被司法拍卖的基本情况 证券代码：002628 证券简称：成都路桥 公告编号：2025-055 成都市路桥工程股份有限公司 关于控股股东的一致行动人所持公司部分股份将被司法拍卖 的提示性公告 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。 特别提示： 1、成都市路桥工程股份有限公司（以下简称"公司"）控股股东四川东君 泰达实业有限公司（以下简称"东君泰达"）的一致行动人四川宏义嘉华实业有 限公司（以下简称"宏义嘉华"）持有的52,997,030股公司股份将在淘宝网司法 拍卖网络平台（https://sf.taobao.com/）进行公开拍卖，本次被司法拍卖的股份占 控股股东及其一致行动人持有本公司股份总额的34.05%，占公司总股本的 7.00%。本次司法拍卖事项不会导致公司控制权发生变更。 公司于 2025 年 10 月 22 日收到四川省成都市中级人民法院（以下简称"成 ...

Core Insights - The infrastructure sector experienced a significant increase of 2.11% on October 21, with Guan Zhong Ecological leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Infrastructure Sector Performance - Guan Zhong Ecological (300948) saw a closing price of 22.03, with a remarkable increase of 19.99% and a trading volume of 239,400 shares, amounting to a transaction value of 496 million [1] - Hui Lv Ecological (001267) closed at 17.88, up 10.03%, with a trading volume of 663,900 shares and a transaction value of 1.156 billion [1] - Hongrun Construction (002062) closed at 11.57, up 9.98%, with a trading volume of 621,900 shares and a transaction value of 689 million [1] - Other notable performers included Pu Bang Co. (002663) with a 9.81% increase, and Tunnel Co. (600820) with a 6.38% increase [1] Capital Flow Analysis - The infrastructure sector saw a net inflow of 505 million from institutional investors, while retail investors contributed a net inflow of 38.41 million [2][3] - Major stocks like Hui Lv Ecological and China Electric Power Construction (601669) experienced significant net inflows from institutional investors, while retail investors showed a net outflow [3] - The overall capital flow indicates a mixed sentiment, with institutional investors showing confidence in certain stocks while retail investors were more cautious [2][3]

Group 1 - Chengdu Road and Bridge experienced a decline of 1.62% in stock price on October 20, with a trading volume of 69.44 million yuan [1] - The financing data on the same day showed a financing buy amount of 4.21 million yuan and a financing repayment of 6.80 million yuan, resulting in a net financing buy of -2.58 million yuan [1] - As of October 20, the total balance of margin trading for Chengdu Road and Bridge was 166.7 million yuan, which accounts for 4.55% of its circulating market value, indicating a high level compared to the past year [1] Group 2 - As of June 30, the number of shareholders for Chengdu Road and Bridge was 66,800, a decrease of 16.27% from the previous period [2] - The average number of circulating shares per person increased by 19.39% to 11,284 shares [2] - For the first half of 2025, the company reported an operating income of 334 million yuan, a year-on-year decrease of 9.79%, and a net profit attributable to shareholders of -22.64 million yuan, an increase of 18.79% year-on-year [2] Group 3 - Chengdu Road and Bridge has distributed a total of 249 million yuan in dividends since its A-share listing, with cumulative dividends of 17.41 million yuan over the past three years [2]

Core Viewpoint - Chengdu Road and Bridge (002628) announced the election of candidates for its eighth board of directors, including both non-independent and independent directors [1] Group 1 - The company will hold its seventh board's thirty-sixth meeting on October 15, 2025 [1] - The board approved the proposal to elect non-independent directors, nominating Lin Xiaoqing, Chen Junchao, Cheng Minglang, Xiong Ying, and Ou Yunchuan as candidates [1] - The board also approved the proposal to elect independent directors, nominating Dong Dayong, Shen Yu, and Ying Qianwei as candidates [1]

Group 1 - The core point of the news is that Chengdu Road and Bridge announced the results of its board meeting and provided details on its revenue composition for the first half of 2025 [1] - The board meeting was held on October 15, 2025, and included discussions on revising the "Secretary of the Board Work Rules" [1] - Chengdu Road and Bridge's revenue composition for the first half of 2025 shows that highway and municipal engineering construction accounted for 66.02%, while building construction revenue made up 27.98% [1] Group 2 - As of the report, Chengdu Road and Bridge has a market capitalization of 3.8 billion yuan [2]

成都市路桥工程股份有限公司 舆情管理制度 （2025 年 10 月） 第一章 总 则 第一条 为提高成都市路桥工程股份有限公司（以下简称"公司"）应对各 类舆情的能力，建立快速反应和应急处置机制，及时、妥善处理各类舆情对公司 股票价格、商业信誉及正常经营管理活动造成的影响，切实保护投资者合法权益， 根据相关法律法规、规范性文件及《成都市路桥工程股份有限公司章程》（以下 简称《公司章程》）的有关规定，结合公司实际情况，制订本管理制度。 第二条 本制度所称舆情包括： （一）报刊、电视、网络等媒体对公司进行的负面报道或不实信息； （二）社会上存在的已经或将给公司造成不良影响的传言或信息； （三）可能或者已经影响社会公众投资者投资取向，造成股价异常波动的信 息； （四）其他涉及公司信息披露且可能对公司股票及其衍生品交易价格产生较 大影响的事件信息。 第二章 舆情管理的组织体系及其工作职责 第三条 公司应对各类舆情（尤其是媒体质疑危机时）实行"统一领导、 统一组织、快速反应、协同应对"的基本原则。 第四条 公司成立舆情管理工作领导小组（以下简称"舆情小组"），该小 组由公司董事长任组长，公司董事会秘书任副组长，成员由公 ...