证券代码：301339 证券简称：通行宝 公告编号：2025-024 江苏通行宝智慧交通科技股份有限公司 关于中标项目签订合同的进展公告 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。 特别提示： 1.合同的生效条件：合同自三方盖章签字之日起生效。 2.重大风险及重大不确定性：合同三方均具有履约能力，合同已对工程范围、 工期、合同价款及支付条件、各方权利和义务、违约责任、争议解决方式等做 出明确规定，但在实际履行过程中如遇到不可预计或不可抗力等因素的影响， 可能存在无法如期或全面履行合同的风险。敬请广大投资者注意投资风险。 3.合同履行对本年度公司经营成果的影响：合同的顺利履行预计将对公司 2025 年度及未来年度的财务状况、经营成果产生积极影响，具体收入确认情况 将根据合同履行情况以及企业会计准则、公司会计政策相关规定确认。 一、 合同签署概述 江苏通行宝智慧交通科技股份有限公司（以下简称"公司"）于 2025 年 3 月 6 日在巨潮资讯网（https://www.cninfo.com.cn/）披露了《关于控股子公司收 到中标通知书的公告》（2025-00 ...

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、误导性陈述或者重大遗漏。 特别提示: 证券代码：301339 证券简称：通行宝 公告编号：2025-023 江苏通行宝智慧交通科技股份有限公司 2024年度股东大会决议公告 6、会议主持人：公司董事长王明文先生 1、本次股东大会无变更、否决提案的情形； 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开情况 1、现场会议召开时间：2025年5月15日（星期四）下午15:00 2、网络投票时间： 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 年 5 月 15 日 的交易时间，即 9:15-9:25，9:30-11:30 和 13:00-15:00； 通过深圳证券交易所互联网投票系统进行网络投票的具体时间为：2025 年 5 月 15 日 9:15-15:00 期间的任意时间。 3、会议召开地点：江苏省南京市建邺区江东中路399号紫金金融中心A2幢29楼 江苏通行宝智慧交通科技股份有限公司会议室 4、会议的召开方式：现场表决与网络投票相结合的方式 5、会议召集人：江苏通行宝智慧交通科技股份有限公司（以下简称" ...

江苏世纪同仁律师事务所关于 江苏通行宝智慧交通科技股份有限公司 2024年度股东大会的 法 律 意 见 书 江苏通行宝智慧交通科技股份有限公司： 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司股东 会规则》等法律、法规和规范性文件以及《江苏通行宝智慧交通科技股份有限公 司章程》（以下简称"《公司章程》"）的规定，本所受公司董事会的委托，指 派本律师出席公司 2024 年度股东大会，并就本次股东大会的召集、召开程序、 出席会议人员资格、召集人资格、表决程序以及表决结果的合法有效性等事项出 具法律意见。 为出具本法律意见书，本律师对本次股东大会所涉及的有关事项进行了审查， 查阅了相关会议文件，并对有关问题进行了必要的核查和验证。 本律师同意将本法律意见书随公司本次股东大会决议一并公告，并依法对本 法律意见书承担相应的责任。 本律师根据相关法律、法规和规范性文件的要求，按照律师行业公认的业务 标准、道德规范和勤勉尽责精神，出具法律意见如下： 一、关于本次股东大会的召集、召开程序和召集人资格 1．本次股东大会由董事会召集。2025 年 3 月 26 日，公司召开第二届董事 会第十五次会议，决定于 20 ...

Investment Rating - The report suggests a positive investment outlook for the computer sector, highlighting significant investment opportunities due to recent tariff reductions between China and the US [6][7]. Core Insights - The easing of tariffs is expected to boost confidence in the computer sector, particularly benefiting companies previously affected by tariff sentiments and those in the AI industry chain and fintech segments [6][7]. - The report emphasizes the importance of companies with core technology, high growth potential, and domestic substitution capabilities for long-term investment [6][7]. - The computer sector's foreign revenue is approximately 12%, indicating limited direct impact from tariff policies, while holdings in the sector are at a historical low, suggesting potential for valuation recovery [7][8]. Summary by Sections Investment Highlights - The report notes that the computer sector achieved a total revenue of RMB 286.03 billion in Q1 2025, representing a year-on-year increase of 15.25%, with net profit attributable to shareholders rising by 193.52% [8]. - The report identifies key companies for investment, including Streamax Technology, Autel Intelligent Technology, and Beijing Kingsoft Office Software, among others [6][8]. Market Dynamics - The report highlights that the demand for IT investments from downstream clients is expected to continue rising, supported by domestic policy efforts and economic recovery [8]. - The growth logic of the sector is further strengthened by technological iterations and demand recovery, particularly in AI applications and domestic chip development [9].

Core Insights - The transportation information technology industry in China is experiencing continuous growth, with a market size reaching 219.67 billion yuan in 2023, projected to be approximately 243.75 billion yuan in 2024, and expected to exceed 260 billion yuan in 2025 [12][21] - The advancement of technologies such as 5G, IoT, and AI is driving the expansion of the transportation information market, enhancing system intelligence and operational efficiency [12][22] Industry Definition and Classification - Transportation information technology refers to the comprehensive upgrade and transformation of transportation systems using modern information technologies (e.g., IoT, big data, AI, 5G) to improve efficiency, safety, sustainability, and user experience [1] Industry Chain Analysis - The industry chain includes upstream hardware suppliers and software providers, midstream solution providers, and downstream operational enterprises and end-users, all collaborating closely to drive intelligent, green, and integrated upgrades [3] Development History - The industry has evolved over three decades from basic electronic systems to a fully intelligent ecosystem, with significant milestones in digitalization, data sharing, and the integration of advanced technologies [5] Current Industry Status - The market size of the transportation information technology industry is expanding, driven by the application of new technologies, with 5G enhancing system intelligence and AI playing a crucial role in traffic flow prediction and intelligent scheduling [12][21] Key Enterprises Analysis - The industry features a competitive landscape with leading companies like Yihualu and Silver River Technology leveraging data assets and AI algorithms to dominate high-value scenarios, while regional players focus on localized services and vertical breakthroughs [14][19] Future Development Trends - Integrated development is a key trend, emphasizing the need for multi-modal transport information platforms to enhance logistics efficiency and reduce costs [21] - Technological innovation through the integration of IoT and AI is transforming traffic management and decision-making processes [22][23] - Enhancements in safety and emergency management through information technology are critical, focusing on network security and the integration of various information sources for effective emergency response [24]

Group 1 - Company Tongxingbao (301339.SZ) signed a significant contract worth 283 million yuan for a digital transformation project in Hunan Province [1] - The project aims to integrate information resources for highway and ordinary road services, enhancing travel services and efficiency at toll stations [1] - The contract is expected to positively impact the company's operating performance in 2025 [1] Group 2 - Tongxingbao's main business includes smart traffic electronic toll collection, supported by technologies such as cloud computing and big data [2] - In Q1 2025, the company reported revenue of 165 million yuan, a year-on-year increase of 8.06%, and a net profit of 47.58 million yuan, up 5.64% [2] - The revenue structure shows that electronic toll collection contributed 100 million yuan, accounting for 60.79% of total revenue, with a growth of 7.61% [2] Group 3 - The gross margin for the main business in Q1 was 54.65%, an increase of 1.72 percentage points from Q1 2024 [3] - The gross margin for electronic toll collection was 58.13%, up 4.27 percentage points due to optimized product structure [3] - The gross margin for smart traffic ecosystem business remained high at 85.26% [3]

Investment Rating - The report rates the industry as "Outperform" [1] Core Viewpoints - The development of AI Agents by major companies indicates that AI Agents are a key theme for this year, with expectations for accelerated commercialization of AI applications [2][3] - Current AI technology is sufficient to support the deployment of excellent segment-specific agents, marking the beginning of a large-scale commercialization era for the AI industry [2][3] - Baidu's recent product releases demonstrate steady progress in foundational AI technology, continuously raising the industry's potential ceiling [2][3] Summary by Relevant Sections - **Recent Developments**: ByteDance has released several intelligent tools, while Alibaba's Fliggy launched a travel AI named "Ask Me," which provides customized services. The Doubao foundation model is widely used across various industries, covering 400 million devices and 80% of major automobile companies [8][9] - **Product Performance**: Baidu's Wenxin 4.5 Turbo and X1 Turbo models show improved performance at reduced prices, with significant enhancements in multimodal capabilities and a price reduction of 80% for Wenxin 4.5 Turbo [9] - **Government Initiatives**: The National Development and Reform Commission is promoting low-altitude economic development, indicating a strategic push for this emerging industry, which is expected to become more standardized and rapidly deployed nationwide [10]

Group 1 - The company announced that its subsidiary, Nanjing Gando Technology Co., Ltd., has signed a contract for a public service project related to the digital transformation of highway traffic infrastructure in Hunan Province, with a total contract value of 283 million yuan [1] - The contract is expected to have a positive impact on the company's financial condition and operating results for the year 2025 and beyond [1] - The system construction period is set for 730 calendar days, followed by a maintenance service period of 1,095 calendar days starting from the date of acceptance [1]

证券代码：301339 证券简称：通行宝 公告编号：2025-022 1.合同的生效条件：合同自双方盖章签字之日起生效。 2.重大风险及重大不确定性：合同双方均具有履约能力，合同已对工程范围、 工期、合同价款及支付条件、各方权利和义务、违约责任、争议解决方式等做出 明确规定，但在实际履行过程中如遇到不可预计或不可抗力等因素的影响，可能 存在无法如期或全面履行合同的风险。敬请广大投资者注意投资风险。 3.合同履行对本年度公司经营成果的影响：合同的顺利履行预计将对公司 2025 年度及未来年度的财务状况、经营成果产生积极影响，具体收入确认情况 将根据合同履行情况以及企业会计准则、公司会计政策相关规定确认。 一、 合同签署概述 江苏通行宝智慧交通科技股份有限公司（以下简称"公司"）于 2025 年 3 月 11 日在巨潮资讯网（https://www.cninfo.com.cn/）披露了《关于控股子公司收 到中标通知书的公告》（2025-008）。近日，公司控股子公司南京感动科技有限 公司（以下简称"感动科技"）与湖南高速信息科技有限公司作为联合体，与湖 南省高速公路集团有限公司（以下简称"湖南高速"）签署《湖南省 ...

Financial Performance - The company achieved operating revenue of ¥165,316,186.47 in Q1 2025, representing an 8.06% increase compared to ¥152,988,282.02 in the same period last year[5] - Net profit attributable to shareholders was ¥47,584,665.47, up 5.64% from ¥45,042,397.10 year-on-year[5] - Total revenue for the current period reached ¥165,316,186.47, an increase of 8.67% compared to ¥152,988,282.02 in the previous period[24] - Net profit for the current period was ¥47,824,305.06, representing a growth of 8.66% from ¥43,915,190.35 in the previous period[26] - Earnings per share (basic and diluted) increased to ¥0.1169, up from ¥0.1107 in the previous period[26] Cash Flow - The net cash flow from operating activities improved significantly to -¥639,384.40, a 99.40% increase from -¥107,365,175.23 in the previous year[5] - Operating cash inflow totaled ¥13,995,298,773.27, an increase from ¥11,803,184,451.45 in the previous period, reflecting a growth of approximately 18.0%[27] - The company received ¥150,642,653.19 in cash from sales of goods and services, compared to ¥94,023,340.89 in the previous period, reflecting a growth of approximately 60.0%[27] - Total cash outflow from operating activities was ¥13,995,938,157.67, compared to ¥11,910,549,626.68 in the previous period[27] - Cash and cash equivalents at the end of the period amounted to ¥174,023,358.92, down from ¥254,107,060.68 in the prior period[28] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥5,585,668,424.52, a 1.10% increase from ¥5,524,749,228.98 at the end of the previous year[5] - Non-current assets totaled ¥2,601,184,840.41, a slight increase from ¥2,574,766,494.91 in the previous period[22] - Total liabilities amounted to ¥2,727,234,844.63, compared to ¥2,722,056,759.83 in the previous period, showing a marginal increase[23] - The total current assets at the end of the reporting period amount to RMB 2,984,483,584.11, an increase from RMB 2,949,982,734.07 at the beginning of the period[21] Investment and R&D - Research and development expenses rose by 31.01% to ¥14,278,064.99, reflecting increased investment in R&D[13] - The company reported an investment income of ¥15,754,704.42, up from ¥12,263,159.92 in the previous period, reflecting improved investment performance[24] - The company’s cash flow from investing activities increased by 152.01% to ¥97,208,641.15, attributed to changes in cash management product structures[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,697[16] - The largest shareholder, Jiangsu Transportation Holding Co., Ltd., holds 48.46% of the shares, totaling 200,869,565 shares[16] Strategic Developments - The company plans to continue optimizing its ETC product structure to enhance profitability in the electronic toll collection business[9] - The company has established a new subsidiary, Tianjin Transportation Digital Technology Co., Ltd., with a registered capital of RMB 12 million[18] - The company won a bid for the "Smart Upgrade Project of the Humen to Tongzhou Section of the Sutong Bridge" with a total bid amount of RMB 45,556,450[18] - The company also secured a bid for the "Digital Transformation Upgrade Public Service Project" in Hunan Province, amounting to RMB 283 million[19] Organizational Efficiency - The company is optimizing its organizational structure to enhance operational efficiency and support strategic development[20]