Core Viewpoint - As of January 6, 2026, Northern International (000065) closed at 12.08 yuan, marking a 1.6% increase, with a turnover rate of 2.55% and a trading volume of 248,200 hands, amounting to a total transaction value of 299 million yuan [1] Group 1: Financial Performance - For the first three quarters of 2025, Northern International reported a main operating revenue of 9.915 billion yuan, a year-on-year decrease of 29.79% [2] - The net profit attributable to shareholders was 485 million yuan, down 36.02% year-on-year, while the net profit after deducting non-recurring gains and losses was 481 million yuan, a decline of 35.43% [2] - In Q3 2025, the company recorded a single-quarter main operating revenue of 3.181 billion yuan, a year-on-year decrease of 14.2% [2] - The single-quarter net profit attributable to shareholders was 176 million yuan, down 19.49% year-on-year, and the net profit after deducting non-recurring gains and losses was 174 million yuan, a decline of 19.32% [2] - The company's debt ratio stands at 56.87%, with investment income of 599,400 yuan and financial expenses of 74.9228 million yuan, while the gross profit margin is 14.24% [2] Group 2: Market Sentiment and Ratings - On January 6, 2026, the net outflow of main funds was 40.8372 million yuan, accounting for 13.66% of the total transaction value, while retail investors saw a net inflow of 53.3292 million yuan, representing 17.83% of the total transaction value [1] - Over the past 90 days, seven institutions have provided ratings for the stock, with six giving a buy rating and one an increase rating; the average target price set by institutions is 14.32 yuan [2]

梳理这家信托公司的发展历程，其前身可追溯至1987年1月成立的包头市信托投资公司。据公司官网信息，2003年经原中国银行业监督管理委员会核准重 新登记后，公司更名为新时代信托投资股份有限公司；2009年6月，经原银监会批准，公司正式更名为新时代信托股份有限公司并换领新的金融许可证。 值得关注的是，这并非新时代信托股权首次寻求转让。回溯其风险处置进程，自2020年7月中旬因违法违规经营导致产品大面积逾期被原银保监会依法接 管以来，公司处置工作一直在持续推进。2022年9月，刚结束两年接管期的新时代信托，首次将60亿股股份挂牌转让，转让底价23.14亿元，转让方为新时 代远景(北京)投资有限公司、上海人广实业发展有限公司、潍坊科微投资有限公司、包头市鑫鼎盛贸易有限责任公司。 首次挂牌未果后，2024年5月，北京产权交易所再次挂出新时代信托100%股权，转让底价较首次下调两成，降至18.51亿元。如今，历经三年两次挂牌未 成交，这已是新时代信托第三次推出股权整体转让方案，此次底价与2024年第二次挂牌时保持一致。 近日，《金融时报》记者从北京产权交易所获悉，新时代信托股份有限公司(以下简称"新时代信托")60亿股股 ...

Investment Rating - The report rates the construction industry as "Buy" [1] Core Insights - The National Development and Reform Commission has announced a significant investment plan for 2026, with a total of approximately 295 billion yuan allocated for major infrastructure projects, including the Guangzhou New Airport and the Zhanjiang to Haikou ferry project, with total investments exceeding 400 billion yuan [4][3] - The report emphasizes the orderly expansion of low-altitude economic application scenarios, with significant progress expected in housing quality improvement by 2030 [4][3] - The report recommends several companies in emerging sectors such as clean rooms, commercial aerospace, and controlled nuclear fusion, highlighting specific stocks like Yaxiang Integration and China Nuclear Engineering [4][6] Summary by Sections Recent Key Reports - The report discusses the need for high-demand, high-barrier, and high-profit leading companies in the construction industry, focusing on sectors like AI, controlled nuclear fusion, and low-altitude economy [8][10] Key Company Recommendations - Recommended companies include China Construction (dividend yield 5.29%), China Railway (dividend yield 4.81%), and China Communications Construction (dividend yield 3.39%), all of which are expected to benefit from stable growth and government investment [6][4] Macro/Meso/Micro Data Tables - The report includes various data tables that provide insights into the financial performance and projections of key construction companies, indicating a trend of improving cash flow and profitability in certain sectors [6][4] Infrastructure Investment Trends - The report predicts a significant increase in infrastructure investment, with a projected growth rate of 10.9% for broad infrastructure investment in 2025, driven by government policies and funding mechanisms [29][30]

Core Viewpoint - The resignation of Mr. Ji Wei as the Chairman of the Board of Northern International (000065.SZ) is due to work relocation, and it will not affect the normal operation of the board [1] Group 1: Resignation Details - Mr. Ji Wei submitted his resignation report on January 4, 2026, and it will take effect upon delivery to the board [1] - He has resigned from his positions as Chairman, Director, and Chairman of the Strategic Investment and ESG Committee [1] - Mr. Ji Wei does not hold any shares in the company and has no unfulfilled commitments [1] Group 2: Board Operations - The resignation will not reduce the number of board members below the legal minimum [1] - The company will follow legal procedures to promptly appoint a new director and elect a new chairman [1]

免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 每日经济新闻 每经头条（nbdtoutiao）——AI泡沫破灭？美股下跌20%？量子计算颠覆加密货币？金价涨破1万美元？ 2026年华尔街和科技圈十大预测来了 （记者 曾健辉） 每经AI快讯，北方国际1月4日晚间发布公告称，公司九届十六次董事会会议于2026年1月4日以通讯会 议表决的形式召开。会议审议了《变更公司董事》等文件。 ...

每经AI快讯，北方国际1月4日晚间发布公告称，北方国际合作股份有限公司董事会于2026年1月4日收 到公司董事长纪巍先生提交的书面辞职报告。因工作调动，纪巍先生申请辞去公司第九届董事会董事 长、董事、董事会战略投资与ESG委员会主任委员的职务。辞职后，纪巍先生未在公司及子公司担任任 何职务。 每经头条（nbdtoutiao）——AI泡沫破灭？美股下跌20%？量子计算颠覆加密货币？金价涨破1万美元？ 2026年华尔街和科技圈十大预测来了 （记者 曾健辉） ...

关于公司董事长辞职的公告 股票简称：北方国际 股票代码：000065 公告编号：2026-001 北方国际合作股份有限公司 关于公司董事长辞职的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 北方国际合作股份有限公司（以下简称"公司"或"北方国际"）董事会于 2026 年 1 月 4 日收到公司董事长纪巍先生提交的书面辞职报告。 因工作调动，纪巍先生申请辞去公司第九届董事会董事长、董事、董事会战 略投资与 ESG 委员会主任委员的职务。根据《公司法》《深圳证券交易所上市 公司自律监管指引第 1 号——主板上市公司规范运作》及公司《章程》的有关规 定，辞职报告自送达公司董事会之日起生效。辞职后，纪巍先生未在公司及子公 司担任任何职务。截至本公告披露日，纪巍先生未持有公司股票，不存在应当履 行而未履行的承诺事项。纪巍先生的辞职不会导致公司董事会成员低于法定最低 人数，不会影响公司董事会工作的正常运行，公司将按照法定程序尽快增补董事、 选举董事长。 纪巍先生在担任公司董事长期间，恪尽职守、勤勉尽责，为推动公司高质量 发展发挥了重要作用。公司对纪巍先生在任职期间对 ...

关于召开 2026 年第一次临时股东会的通知 股票简称：北方国际 股票代码：000065 公告编号：2026-003 北方国际合作股份有限公司 关于召开 2026 年第一次临时股东会的通知 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 一、召开会议的基本情况 1、股东会届次：2026 年第一次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易 所股票上市规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市 公司规范运作》等法律、行政法规、部门规章、规范性文件及《公司章程》的有 关规定。 4、会议时间： （1）现场会议时间：2026 年 01 月 20 日 14:30 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2026 年 01 月 20 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易 所互联网投票系统投票的具体时间为 2026 年 01 月 20 日 9:15 至 15:00 的任意时 间。 5、会议的召开方式：现场表决与网络投 ...

九届十六次董事会决议公告 股票简称：北方国际 股票代码：000065 公告编号：2026-002 北方国际合作股份有限公司 九届十六次董事会决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 北方国际合作股份有限公司（以下简称"公司"或"北方国际"）九届十六次董 事会会议通知已于 2025 年 12 月 31 日以电子邮件方式送达公司全体董事。本次 会议于 2026 年 1 月 4 日以通讯会议表决的形式召开。会议应参与审议表决的董 事 8 名，实际参与审议表决的董事 8 名。会议召开程序符合《公司法》及《公司 章程》的有关规定，会议合法有效。经全体参会董事审议： 一、会议审议通过了《变更公司董事》的议案 表决结果：同意 8 票，反对 0 票，弃权 0 票。 因工作变动，原公司董事长纪巍先生于 2026 年 1 月 4 日辞去公司第九届董 事会董事、董事长职务。 公司控股股东中国北方工业有限公司推荐马卫国先生为北方国际合作股份 有限公司第九届董事会董事候选人。任期自股东会审议通过之日起，至九届董事 会任期届满为止。本次变更董事后，董事会中兼任公司高级管理人 ...

Group 1 - The stock price of Northern International (000065) closed at 12.31 yuan on December 26, 2025, down 1.6% from 12.51 yuan the previous week [1] - The highest intraday price for Northern International on December 26 was 12.63 yuan, while the lowest intraday price on December 24 was 12.19 yuan [1] - The current total market capitalization of Northern International is 13.349 billion yuan, ranking 8th out of 39 in the professional engineering sector and 1455th out of 5181 in the A-share market [1] Group 2 - Northern International announced on December 19, 2025, that it raised a total of 959,999,998.10 yuan through a private placement of shares, with 957,199,998.10 yuan actually received after expenses [2] - The raised funds will be used for the 125MWp photovoltaic project in Bosnia and Herzegovina and to supplement working capital [2] - A tripartite supervision agreement has been signed between the company, CITIC Bank Beijing Branch, and the sponsor CITIC Securities to regulate the storage, use, and management of the raised funds [2][3]