SDHS(SH:600350) Zhong Guo Zheng Quan Bao·2025-09-11 22:23Group 1 - The company held a half-year performance briefing on September 11, 2025, via an online interactive format [1] - Key participants included the chairman, vice chairman and general manager, independent director, chief accountant, and board secretary [2] Group 2 - The company's operating revenue for the first half of 2025 was 10.739 billion yuan, a decrease of 11.52% year-on-year, primarily due to a decline in construction service revenue [3] - The net profit attributable to the parent company was 1.696 billion yuan, an increase of 3.89% year-on-year, with earnings per share at 0.293 yuan, up 5.78% [3][4] - Toll revenue (including tax) reached 4.914 billion yuan, a year-on-year increase of 5.54%, while investment income was 639 million yuan, down 8.82% [3] Group 3 - The company reported a total profit of 2.784 billion yuan for the first half of 2025, a year-on-year increase of 3.17% [4] - The net cash flow from operating activities was 3.596 billion yuan, reflecting a year-on-year growth of 20.46% [4] - The company's asset-liability ratio stood at 65.96%, indicating a relatively high level of financial pressure [4] Group 4 - Future investment directions include focusing on high-quality road asset investment opportunities in central and eastern regions, as well as potential investments in key areas and urban clusters in the Midwest [5] - The company plans to reduce financial investment scale as previous projects mature, with a focus on investments related to its core business and green low-carbon industries [5]