宁沪高速董事长陈云江辞任，前三季度通行费收入72亿

Core Viewpoint - Jiangsu Ninghu Expressway Co., Ltd. reported a toll revenue of 7.2 billion yuan for the first nine months of 2025, reflecting a year-on-year increase of 1.03% despite a decline in overall revenue [1][4]. Group 1: Management Changes - Chairman Chen Yunjiang resigned due to work changes, effective March 3, 2026, and will not hold any position in the company [1]. - On the same day, General Manager Wang Feng also submitted his resignation but was subsequently elected as the new Chairman of the Board [1]. Group 2: Business Performance - For the first nine months of 2025, the company achieved a total operating revenue of approximately 12.98 billion yuan, a decrease of about 7.66% compared to the same period last year [4]. - Excluding construction revenue, the operating revenue was approximately 9.12 billion yuan, down about 1.25% year-on-year [4]. - The average daily traffic flow on the Hu-Ning Expressway reached 118,000 vehicles, a 2.66% increase from the same period in 2024 [1]. - Revenue from supporting businesses fell by approximately 3.93% due to a decrease in oil sales prices [4]. - Real estate business revenue dropped significantly by 83.34% due to lower housing delivery compared to the previous year [4]. - Electricity sales revenue decreased by 4.35%, primarily due to reduced power generation from offshore wind projects [4]. - Construction revenue saw a decline of 19.92% due to reduced investment in road and bridge projects [4].