龙江交通：高速运营稳健增长，“新能源+新材料”打开增长空间

Core Viewpoint - Longjiang Transportation reported steady growth in its 2025 semi-annual performance, with operating revenue of 244 million yuan, an increase of 8.74% year-on-year, and a net profit attributable to shareholders of 95 million yuan, up 19.12% year-on-year [1] Group 1: Core Business Performance - The company focuses on highway operations as its core business, achieving a toll revenue of 163 million yuan, a year-on-year increase of 4.85%, which solidifies the foundation for overall performance [2] - Longjiang Transportation enhances service quality and operational efficiency through "refined management + smart upgrades," including infrastructure updates and improved emergency response capabilities [2][3] Group 2: Digital Transformation - The company is accelerating its digital transformation across all business chains, developing applications like "Longjiang Transportation Manager" to improve management efficiency and optimize user experience [3] Group 3: New Energy and Materials Development - Longjiang Transportation is expanding into the new energy sector, achieving significant progress in distributed photovoltaic projects, with a total installed capacity exceeding 17.13 MW [4] - In the new materials sector, the company is advancing its graphite industry integration, focusing on both resource development and technological research [5][6] Group 4: Diversified Business Support - The company maintains stable operations in its existing businesses, with its taxi subsidiary leading the market in operational efficiency and exploring new business models [7] - The ongoing national push for infrastructure upgrades and support for strategic emerging industries presents dual opportunities for Longjiang Transportation [7] Group 5: Future Outlook - Longjiang Transportation aims to consolidate its highway business while accelerating the integration of new energy projects and graphite technology, positioning itself for robust growth in both core and emerging sectors [8]