首先我们邀请到的就是董办副主任杨总以及我们的董办同管处长周总我们也知道近期大家对于这个整体的建筑央企包括整体的这个复工复产的情况也比较关心那我这边呢也事先先收集几个问题首先在这里问一下总体的各位领导哈第一个呢就是我们在这个节后的那个复工复产的节奏怎么样到现在为止现在我们的整体的开工情况是不是恢复到正常和往年同期相比咱们这个复工的节奏大概是什么样的 想请教一下各位领导 谢谢好嘞 张总首先感谢各位投资者在这个百忙时间也抽出时间来参加我们这次这个线上沟通刚才张师总先问了一个关于复工复产的情况这方面一个消息其实从这个节后复工以来可能这个市场上对于这个国资央企包括建筑企业整体这种复工复产情况还是非常关心的 我们也一直很关注尤其是这个开工之后可能某些网站上也说到这个今年可能表现出他们可能统一出来数据觉得今年这个复工复产情况可能比以往稍微差一些但是呢我们也是根据自己的情况我们也在今年的春节开工之后包括元宵节之后呢我们也统计了一下全公司的复工复产的情况那么总体的复工复产情况是跟去年差不多的 而且呢现在呢也基本恢复到了去年的这个丰富出来的一个水平啊可能跟这个百年建筑这个就是这个这些网站上的这个数据不太一样啊但是我们也看到有些其 ...

中国中铁（601390）发布2024年度环境、社会与管治报告暨社会责任报告。 3月28日，中国中铁发布2024年度环境、社会与管治报告暨社会责任报告。 在公司治理方面，2024年，公司组织开展新一届董事任前培训和上市公司独董、新任高管培训，组织董监高参加财务造假犯罪案件、诚信建设和反舞弊等专 题国资证券监管培训27人次；举办为期5天的二级子公司外部董事监事、董事会日常工作机构业务培训，线上线下（300959）521人参加；利用多平台开展公 司治理、宏观经济、建筑行业、战新产业（300832）等多领域专业培训，持续提升董事会成员的知识水平和履职能力。 在环境方面，公司开展总部办公楼节能降碳行动，通过技术改造提升能效。2024年共节约能耗费用约100万元，为全公司绿色办公梳理示范标杆。 此外，公司坚持生态保护与工程建设同步规划、同步实施，委托专业机构开展水土保持、植被保护等专项环境影响评估，严守生态保护底线。通过全过程生 态管控，确保已竣工项目环评通过率连续保持100%。 | 组织开展"中国中铁绿色施工 "盾构渣 | | --- | | 科技示范工程"评比,评选出 纳入国家 | | 术推广目 100项中国中铁绿色 ...

Investment Rating - Investment rating: Positive (maintained) [5] Core Viewpoints - The report emphasizes the construction of a community of shared destiny in the context of evolving global geopolitical dynamics, highlighting China's commitment to high-quality co-construction of the "Belt and Road" initiative with neighboring countries [5][10] - As of now, China has reached consensus on building a community of shared destiny with 17 neighboring countries and signed cooperation agreements with 25 countries, becoming the largest trading partner for 18 neighboring countries [10][11] Market Review - The report notes that the construction and decoration sector has seen a decline, with the Shanghai Composite Index down 3.11%, the Shenzhen Component Index down 5.13%, and the ChiNext Index down 6.73% during the week [39] - The report highlights that 23 stocks in the construction sector rose, with the top five performers being: Chuangxing Resources (+19.34%), *ST Nongshang (+15.74%), Zhongshe Consulting (+15.58%), Guangzi International (+14.75%), and COFCO Technology (+12.37%) [39] Regional Cooperation Insights China-Central Asia - Central Asia is identified as the birthplace of the "Belt and Road" initiative, with trade between China and Central Asian countries projected to reach $94.8 billion in 2024, reflecting a robust growth of 6.1% year-on-year [15][20] - The report highlights significant infrastructure projects, including the China-Kyrgyzstan-Uzbekistan railway, which is expected to enhance connectivity and reduce transportation time significantly [19][20] China-Southeast Asia - The report indicates that trade between China and ASEAN countries is expected to reach $982.3 billion in 2024, marking a year-on-year growth of 7.75% [30] - The successful operation of the China-Laos railway is noted as a key achievement, facilitating economic corridors and enhancing regional connectivity [26][30] Industry Developments - The report discusses the increasing demand for digital and green construction in Southeast Asia, presenting opportunities for Chinese companies in areas such as data centers and green building projects [32] - It also mentions that the issuance of green bonds in ASEAN countries is on the rise, indicating a shift towards sustainable infrastructure development [32] Company Dynamics - The report highlights significant contract wins by major construction firms, including China Railway, which secured contracts totaling approximately 66.77 billion yuan, representing 5.77% of its projected revenue for 2024 [42] - China Metallurgical Group announced new contracts worth 14.35 billion yuan, showcasing its strong position in the metallurgical engineering sector [42]

Core Viewpoint - Sichuan Southwest Jiaotong University Railway Development Co., Ltd. (referred to as "Jiaoda Tifa") has successfully passed the IPO review, becoming the first company to be approved by the Beijing Stock Exchange in 2025, indicating a significant milestone for the company and the rail transportation industry in China [4]. Company Overview - Jiaoda Tifa specializes in the research, production, and sales of intelligent products and equipment for rail transportation, as well as providing professional technical services. The company is recognized as a national-level "specialized, refined, and innovative" small giant enterprise [4]. - The main products and services include safety monitoring and detection products, railway information systems, new materials, intelligent equipment, surveying services, and operation and maintenance services, applicable to high-speed rail, conventional rail, and urban rail transit [4]. Financial Performance - The company's revenue for 2022, 2023, and 2024 is projected to be 235 million, 273 million, and 335 million yuan, respectively, with net profits of approximately 33.8 million, 47.7 million, and 53.4 million yuan, indicating double-digit growth over three years [4]. - For Q1 2025, the expected revenue is between 25 million and 35 million yuan, representing a year-on-year growth of 29.55% to 81.37% [4]. Market Dynamics - The market size of the rail transportation industry is closely linked to downstream investment. The fixed investment in national railways has been increasing from 748.9 billion yuan in 2021 to an expected 850.6 billion yuan in 2024, while urban rail transit investment has seen a decline [7]. - The company's safety monitoring and detection products account for the largest sales proportion, with 2022-2024 shares of 65.89%, 53.37%, and 62.63%, respectively [6]. Competitive Landscape - Jiaoda Tifa's seismic warning system has won bids for 25 high-speed rail lines, holding a market share of about 40%. The company's switch monitoring system has a market share exceeding 90% in major rail lines [9]. - The company faces competition primarily from state-owned enterprises and listed companies, with the top three competitors in 2023 generating revenues of 969 million, 893 million, and 766 million yuan, compared to Jiaoda Tifa's revenue of 273 million yuan [9]. Research and Development - The company's R&D expenditure in 2023 was 13.99 million yuan, accounting for 5.12% of its revenue, which is lower than its competitors, who have R&D expenditure ratios of 9.41%, 7.1%, and 6.41% [10]. - Despite lower R&D investment, Jiaoda Tifa maintains a higher gross profit margin of 46.57% compared to its competitors [10]. Client Base and Revenue Concentration - The company has a high revenue concentration, with the top five clients accounting for 93.36%, 87.96%, and 94.09% of total revenue from 2022 to 2024. Notably, the China National Railway Group is a significant client, contributing 61.20%, 47.85%, and 70.74% of revenue during the same period [10]. Future Prospects - The company plans to raise approximately 168 million yuan through its IPO, which will be allocated to new production projects, R&D center construction, marketing, and working capital [11][12]. - The listing aligns with the broader trend of technological upgrades and industrial advancements in China's rail transportation system, positioning Jiaoda Tifa as a key player in this evolving landscape [12].

Investment Rating - The report maintains a positive outlook on the construction and decoration industry, indicating an "Overweight" rating, suggesting that the industry is expected to outperform the overall market [1]. Core Insights - The construction sector experienced a weekly decline of 3.43%, underperforming the Shanghai Composite Index, which fell by 3.11% and the CSI 300 Index, which decreased by 2.87% [3][6]. - Key sub-sectors that performed best during the week included infrastructure state-owned enterprises (-1.33%), international engineering (-1.63%), and steel structures (-4.16%) [6][10]. - Notable companies with significant weekly gains included China Railway (+0.89%), Chalco International (+1.51%), and Honglu Steel Structure (+0.97%) [6][10]. - Year-to-date, the international engineering sector has seen a rise of 1.73%, with Chalco International leading with a 7.03% increase, and Honglu Steel Structure showing a 16.51% increase [6][10]. Summary by Sections Industry Performance - The construction industry saw a weekly decline of 3.43%, outperforming the Shenzhen Composite Index (-5.13%), the Small and Medium Enterprises Board (-4.32%), and the ChiNext Index (-6.73%) [3][6]. - The best-performing sub-sectors for the week were infrastructure state-owned enterprises, international engineering, and steel structures [6][10]. Key Company Developments - Jinggong Steel Structure reported a 12.03% increase in revenue for 2024, but a 6.69% decrease in net profit [18]. - Honglu Steel Structure reported a 1.25% increase in new sales contracts for the first quarter, with a production increase of 14.29% compared to the same period in 2024 [18]. - China Railway secured a major project worth 66.772 billion yuan, representing 5.77% of its total revenue for 2024 [18]. Investment Analysis - The report suggests that infrastructure investment is expected to recover in 2025, highlighting the investment value in cyclical high-elasticity sectors [2][18]. - Recommended stocks include Honglu Steel Structure in the steel structure sector, and China Railway and China State Construction Engineering in the state-owned enterprise category [2][18].

应越南共产党中央委员会总书记苏林、越南社会主义共和国主席梁强邀请，中共中央总书记、国 家主席习近平将于4月14日至15日对越南进行国事访问。 越南各界人士表示，习近平总书记在两国建交75周年之际访问越南意义重大，期待习近平总书记 同越方领导人一道为双边关系发展举旗定向、擘画蓝图，引领两党两国在社会主义现代化建设新 征程上继续同舟共济、携手前进，推动构建具有战略意义的中越命运共同体不断取得新成果。 "永远记得中国是友好邻邦" 中越两国山水相连，传统友谊源远流长。"越中情谊深、同志加兄弟"是两党两国关系最生动写 照。近年来，两党两国领导人充分发挥高层交往政治引领作用，保持密切战略沟通，不断推动中 越关系更上层楼。习近平总书记2023年成功访问越南，双方宣布携手构建具有战略意义的中越命 运共同体，两党两国关系迈入新阶段。 "2023年，习近平总书记在访问越南期间提出'六个更'总体目标，为越中命运共同体立梁架 柱。"谈及那次访问，越南越中友好协会副主席阮荣光记忆犹新。 越南《先锋报》主编裴明龙认为，习近平总书记的访问彰显越中双方致力于和平发展、维护地区 稳定的决心。他说，期待两国能进一步加强在贸易投资、基础设施建设、 ...

Core Viewpoint - The company reported a significant increase in revenue and net profit for the year 2024, driven by a focus on strategic clients and advantageous business areas, while continuing to enhance its digital transformation and intelligent upgrade services [1][2][3] Financial Performance - The company achieved an operating revenue of 836 million yuan, representing an 11.60% increase compared to the previous year [1] - The net profit attributable to the parent company reached 121 million yuan, marking a substantial growth of 95.06% year-on-year [1] Strategic Client Development - The company has strengthened its collaboration with traditional strategic clients such as China National Petroleum, Sinopec, and China National Offshore Oil Corporation, expanding the scope of business with these clients [1] - New strategic clients, including Sinochem and China Coal Energy, have been successfully incubated, increasing the total number of strategic clients [1] Business Expansion and R&D - The company is focusing on expanding its treasury and financial sharing services, achieving progress in projects like treasury data platforms and integrated financial management [2] - The company plans to continue productizing its ERP software and expand its professional business areas through a "productization + marketization" approach [2] - There is a shift in R&D focus from platform development to product and intelligent application development, with an emphasis on enhancing consulting capabilities [3] Dividend Policy - The company proposed a cash dividend of 1.5 yuan per 10 shares (including tax) and a capital reserve conversion of 4 shares for every 10 shares held [3] Market Impact - The company primarily serves large state-owned enterprises in China, and the recent global tariff issues have not impacted its business due to its domestic market focus [3]

山大地纬：公司实控人山东大学筹划深化校属企业体制改革，可能导致控股股东、实际控制人发生变动 2连板格力地产：珠海市国资委将公司控股股东海投公司无偿划转至华发集团 吉峰科技：控股股东筹划公司控制权变更相关事宜，股票停牌 大秦铁路：获中信金融资产举牌，持股比例达5% 华东重机：拟投资10亿元建设智能制造基地项目用于海洋码头工程及陆域工程 格林美（002340）：与韩国ECOPRO及其下属公司签署建设"镍资源+新能源材料"产业链战略合作协议 嵘泰股份：拟与润孚动力共同出资设立江苏润泰机器人科技有限公司 ST曙光：公司股票申请撤销其他风险警示 【重要事项】 科捷智能：截至4月10日累计回购5.1367%公司股份 浪潮信息（000977）：董事长提议回购2亿元-3亿元公司股份浪潮集团拟增持1亿元-2亿元公司股份 天山铝业：拟以不低于2亿元且不超过3亿元回购公司股份 润泽科技：董事长提议以5亿元-10亿元回购公司股份 中国中铁：董事长提议回购8亿元-16亿元公司A股股份 卫星化学：拟2亿元-4亿元回购公司股份 *ST恒宇：申请撤销退市风险警示 【回购&增持】 国泰君安：已首次回购300.35万股A股股份 紫金矿业：已完成 ...

// 热点聚焦 // 1、 国家统计局数据显示，3月份CPI环比下降0.4%，同比下降0.1%，降幅明显收窄；PPI环比下降0.4%，同比下降2.5%。这主要受季节性、国际输入性 因素等影响。从边际变化看，提振消费需求等政策效应进一步显现，核心CPI明显回升，同比上涨0.5%，供需结构有所改善，价格呈现一些积极变化。 2、 美国3月CPI同比增长2.4%，较上月2.8%水平显著回落，创半年低位，低于市场预估的2.6%；3月CPI环比意外下降0.1%，大幅低于市场预估（增长 0.1%），前值为增长0.2%。CPI数据发布后，交易员加大了对美联储在年底前降息整整一个百分点的押注，市场几乎完全定价美联储6月降息。但有华尔 街人士警告称，如果关税政策全面实施，美国通胀可能将面临巨大的上行压力。 3、 欧盟执委会主席冯德莱恩表示，欧盟同意将原定于4月15日针对美国关税的反制措施暂停90天。她表示，进一步反制措施的准备工作仍在继续，如果 谈判不能令人满意，将采取反制措施。 4、多家银行近日披露了开展股票回购增持贷款业务的最新进展。Wind数据显示，截至4月10日，自股票回购增持再贷款设立以来，已有超450家上市公司 获银 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 A股代码：601390 A 股简称：中国中铁 公告编号：临2025-022 H股代码：00390 H 股简称：中国中铁 中国中铁股份有限公司 关于董事长提议回购公司部分A股股份的提示性公告 本公司董事会及其董事保证本公告所载内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内 容的真实性、准确性和完整性承担法律责任。 中国中铁股份有限公司（以下简称"本公司"或"公司"）于2025年4月10日收到公司董事长陈文健先生 （以下简称"提议人"）《关于提议中国中铁股份有限公司回购公司部分A股股份的函》，具体内容如 下： 一、提议人的基本情况及提议时间 1.提议人：公司董事长陈文健先生 2.提议时间：2025年4月10日 二、提议回购股份的原因和目的 基于对公司未来发展的信心和对公司价值的认可，为切实维护公司股东利益，有效增强投资者信心，进 一步稳定及提升公司价值，公司董事长陈文健先生提议公司通过集中竞价交易方式回购公司部分A股股 份。本次回购的股份将用于减少注册资本，以更好地维护公司价值与股东权益。 三、提议内容 1.回购股份的种类：公司发行的人民币普通股（A股） ...