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山西高速实控人拟增持超3000万元 发展稳健毛利率升至58.52%

Core Viewpoint - Shanxi Expressway (000755.SZ), the only listed company in Shanxi Province's transportation system, has announced a share buyback plan by its actual controller, Shanxi Transportation Holding Group Co., Ltd. [1][2] Group 1: Share Buyback Plan - Shanxi Transportation Holding Group plans to increase its stake in Shanxi Expressway through its wholly-owned subsidiary, Shanxi Jiaokong Jinzi Management Co., Ltd., with a buyback amount between 30 million and 60 million yuan within six months starting from September 1, 2025 [1] - On September 1 and 2, Shanxi Jiaokong Jinzi purchased 1.3112 million shares of Shanxi Expressway, accounting for 0.089% of the total share capital [1] Group 2: Shareholding Structure - Before the buyback, Shanxi Transportation Holding Group and its subsidiaries held a combined 67.31% of Shanxi Expressway, with 58.42% and 8.89% held by Shanxi Provincial Expressway Group and Shanxi Road and Bridge Construction Group, respectively [1][2] - After the buyback, Shanxi Jiaokong Jinzi holds 1.3112 million shares, representing 0.089% of the total shares [1] Group 3: Company Performance - In the first half of 2025, Shanxi Expressway reported operating revenue of 730 million yuan, a slight decrease of 3.96% year-on-year, while net profit attributable to shareholders was 241 million yuan, an increase of 1.6% [2][3] - The company's main business gross margin was 58.52%, a slight increase of 0.06 percentage points year-on-year [3] - Total assets of Shanxi Expressway reached 12.229 billion yuan, with a debt-to-asset ratio of 56.71%, a decrease of 0.14 percentage points from the beginning of the period [4] Group 4: Financial Costs - Due to a decrease in loan principal and interest rates, financial expenses for Shanxi Expressway in the first half of 2025 amounted to 77.5529 million yuan, a reduction of 27.45% year-on-year [5]