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龙江交通2024年净利润同比增长19%,新能源新材料第二主业迎来新机遇

Core Viewpoint - Longjiang Transportation (601188.SH) reported strong financial performance for 2024, with significant growth in revenue and net profit, while also outlining strategic initiatives for future development [1][2][3][4][5][7][8] Financial Performance - The company achieved operating revenue of 847 million yuan, a year-on-year increase of 28.03% [1] - The net profit attributable to shareholders was 152 million yuan, up 19.00% year-on-year [1] - The basic earnings per share were 0.12 yuan, with a proposed cash dividend of 0.071 yuan per share [1][8] Strategic Initiatives - 2024 is designated as the "Strategic Achievement Year," focusing on the implementation of the "One Body, Two Wings" development strategy [2] - The company aims to enhance high-quality development and investment value through the development of "new quality productivity" [1][7] Business Expansion - Longjiang Transportation successfully expanded its operations by winning the bid for the management and maintenance of the Sui-Da Expressway, contributing an additional revenue of 31.49 million yuan [3] - The company is the only publicly listed expressway operator in Heilongjiang Province, managing a total of 132.8 kilometers of expressway [2] Digital Transformation - The company has implemented a digital transformation in its expressway operations, achieving a new smart cloud toll collection model, generating toll revenue of 342 million yuan in 2024 [2] Diversification and New Ventures - Longjiang Transportation is actively pursuing opportunities in the new energy and new materials sectors, aligning with national "dual carbon" goals [4][5] - The company has made significant investments in solar energy projects, with 35 out of 49 distributed photovoltaic points already connected to the grid [4] Shareholder Returns - The company has a history of returning value to shareholders, with over 1 billion yuan in cash dividends distributed from 2010 to 2023, and plans to maintain a cash dividend payout ratio of over 60% [8]