大秦铁路：公司不存在存贷双高的情况

Core Viewpoint - Daqin Railway reported that it has a manageable debt situation, with no long-term loans or bonds, indicating financial stability and low leverage risk [2]. Financial Summary - As of the first half of 2025, the parent company's total liabilities amount to 24.7 billion, with current liabilities at 20.5 billion, primarily related to short-term operational debts [2]. - The consolidated balance sheet shows total liabilities of 30.7 billion, with some subsidiaries having long-term loans [2]. - The company's asset-liability ratio stands at 14.6%, reflecting a low level of debt relative to its assets [2].