SDHS(SH:600350) Qi Lu Wan Bao·2025-12-19 00:49Core Insights - Yantai's railway development has entered a new era during the "14th Five-Year Plan" period, with significant progress in major railway projects and the establishment of a "two horizontal, one vertical" high-speed railway network [1] Group 1: Railway Infrastructure Development - The "two horizontal" lines include the Lai-Rong High-speed Railway and the Wei-Yan High-speed Railway, while the "one vertical" line is the existing Qing-Yan-Wei-Rong Intercity Railway [1] - The Lai-Rong High-speed Railway commenced operations in December 2023, connecting Laiyang and Haiyang, serving as a major passenger transport corridor for the southern coastal region of the Jiaodong Peninsula [1] - The Wei-Yan High-speed Railway is set to officially operate in October 2024, ending the history of no high-speed rail access for economically strong counties such as Longkou, Zhaoyuan, and Laizhou [1] Group 2: Passenger Traffic and Service Enhancements - Since the opening of the Wei-Yan High-speed Railway, over 3 million passengers have been transported, with the number of train stops along the line doubling compared to the initial phase of operation [2] - The Yantai Transportation Bureau has successfully increased the number of stops for the Wei-Yan High-speed Railway, with over 100 additional train services added in the Yantai jurisdiction [2] Group 3: Future Developments - The Long-Yan Railway urbanization project is set to fully commence construction in September 2024, with plans to complete by September 2027 [2] - The project will introduce urban transit trains, with a direct train from Yantai Station to the airport expected to take approximately 25 minutes, while a stop-all service is projected to take around 45 minutes [2]