SDHS(SH:600350) Xin Lang Zheng Quan·2025-09-22 05:28Company Overview - Shandong Hi-Speed Company is located at 5006 Aoti Middle Road, Jinan, Shandong Province, established on November 16, 1999, and listed on March 18, 2002 [2] - The company's main business includes investment, management, maintenance, consulting services for high-grade highways, bridges, and tunnel infrastructure, as well as approved tolls, rescue, and clearing services [2] - Main business revenue composition: 34.86% from toll revenue in Shandong Province, 12.41% from electromechanical engineering construction, 11.90% from merchandise sales, 11.52% from railway transportation, and other sources [2] Financial Performance - For the first half of 2025, Shandong Hi-Speed achieved operating revenue of 10.739 billion yuan, a year-on-year decrease of 11.52%, while net profit attributable to shareholders was 1.696 billion yuan, a year-on-year increase of 3.89% [2] - Cumulative cash dividends since the A-share listing amount to 21.739 billion yuan, with 5.994 billion yuan distributed in the last three years [3] Stock Performance - As of September 22, the stock price of Shandong Hi-Speed decreased by 2.07%, trading at 8.52 yuan per share, with a total market capitalization of 41.191 billion yuan [1] - Year-to-date, the stock price has declined by 13.59%, with a 4.27% drop over the last five trading days, a 10.03% drop over the last 20 days, and a 16.80% drop over the last 60 days [1] Shareholder Information - As of June 30, 2025, the number of shareholders is 33,900, an increase of 11.30% from the previous period, with an average of 143,042 circulating shares per person, a decrease of 10.13% [2] - Major shareholders include Hong Kong Central Clearing Limited, holding 57.3926 million shares, and Huatai-PB SSE Dividend ETF, holding 35.9713 million shares, both showing changes in their holdings compared to the previous period [3]