专项审核报告 上海城地香江数据科技股份有限公司 容诚专字2025200Z0674号 容诚会计师事务所(特殊普通合伙) 中国·北京 | | 目 | 录 | | | --- | --- | --- | --- | | 序号 | 内 | 容 | 页码 | 我们按照《中国注册会计师其他鉴证业务准则第 3101 号—历史财务信息审计 或审阅以外的鉴证业务》的规定计划和实施审核工作，以对营业收入扣除情况表 是否不存在重大错报获取合理保证。在审核过程中，我们实施了包括检查会计记 录、重新计算相关项目等我们认为必要的程序。我们相信，我们的审核工作为发 表专项审核意见提供了合理的基础。 我们认为，后附的城地香江公司 2024 年度营业收入扣除情况表在所有重大方 面按照《上海证券交易所股票上市规则》和《上海证券交易所上市公司自律监管 指南第 2 号——业务办理：第七号——财务类退市指标：营业收入扣除》的规定 编制，公允反映了城地香江公司营业收入扣除情况。 容诚会计师事务所（特殊普通合伙） 总所：北京市西城区阜成门外大街 22 号 关于上海城地香江数据科技股份有限公司TEL:010-6600 1391 FAX:010-6600 1 ...

中国经济网北京5月19日讯日前，17家A股上市城商行的2025年一季度报告已披露完毕。从营业收入表 现来看，江苏银行（600919）2025年第一季度实现营业收入223.04亿元夺冠，宁波银行（002142）、北 京银行（601169）分别以184.95亿元、171.27亿元位列第二、三名。 银行名称 营业收入(亿元) 江苏银行 223.04 宁波银行 184.95 北京银行 171.27 南京银行 141.90 上海银行 135.97 杭州银行 99.78 长沙银行 68.09 成都银行 58.17 青岛银行 40.47 重庆银行 35.81 郑州银行 34.75 苏州银行 32.50 齐鲁银行 31.65 贵阳银行 30.29 西安银行 20.39 兰州银行 20.37 厦门银行 12.14 从营业收入增速来看，2025年第一季度，在17家A股上市的城商行中，有14家实现营业收入增长，3家 营业收入有所下滑。其中，青岛银行（002948）营业收入同比增长9.69%，为A股上市城商行第一名。 厦门银行（601187）营业收入增速为-18.42%，在A股上市城商行中垫底。 银行名称 营业收入增速 青岛银行 9 ...

FRP (FRPH) Q1 2025 Earnings Call May 13, 2025 09:00 AM ET Company Participants Matthew Mcnulty - CFO & TreasurerDavid deVilliers - President & COOJohn Baker III - CEO Operator Good day, everyone, and welcome to the FRP Holdings Inc. Twenty twenty five First Quarter Earnings Call. At this time, all participants are in a listen only mode. Later, there will be a question and answer session. Please be advised that today's call is being recorded. Should you require operator assistance, you may press 0. I'd now l ...

Financial Data and Key Metrics Changes - Net income for Q1 2025 increased by 31.4% to $1,700,000 or $0.09 per share compared to $1,300,000 or $0.07 per share in the same period last year [5] - Pro rata share of net operating income (NOI) increased by 10% year over year to $9,400,000, driven by higher contributions from multifamily developments and mining royalty segments [5][6] - Over the last three years, pro rata NOI has grown at a compound annual growth rate of 21.8% [6] Business Line Data and Key Metrics Changes - The multifamily segment contributed an additional $141,000 of NOI year over year [5] - The mining segment saw an increase of $524,000 in NOI [5] - The industrial and commercial segment NOI decreased by $20,000 year over year due to tenant eviction [6][7] - Mining and royalty business segment revenues and NOI increased by 919% to $3,200,000 and $3,300,000 respectively [8] - Multifamily segment revenues and NOI totaled $14,300,000 and $8,000,000 respectively, with FRP's share being $8,300,000 and $4,600,000 [9] Market Data and Key Metrics Changes - The commercial and industrial segment had a total of nine buildings with 85.2% leased and occupied [7] - The multifamily apartments were 94% occupied, while retail space was 74.8% occupied [9] - The average rental rate of expiring industrial leases was $6.55 triple net, with expectations for new rates to start in the sevens or greater [18] Company Strategy and Development Direction - The company aims to double the size of its industrial segment over the next five years, with a focus on new industrial projects [23] - Development projects include a 258,000 square foot warehouse in Maryland and a 200,000 square foot warehouse in Florida [11][12] - The company plans to continue entitlement work on its industrial pipeline in Maryland to be shovel-ready by 2026 [22] Management's Comments on Operating Environment and Future Outlook - Management cautioned investors to expect flat to slightly negative NOI results overall in 2025 due to temporary headwinds [21] - The company is focused on getting existing properties fully occupied and investing in new projects to set up for future NOI growth [21][24] - Uncertainty around trade policy and the economy has caused leasing activity to slow, but rental rates remain strong [17] Other Important Information - The company has committed $31,100,000 in funding for the Aberdeen overlook project, with expected profits of $11,200,000 [16] - The company is in the initial permitting stage for a 55-acre tract in Harbour County, Maryland, with plans for four buildings totaling 635,000 square feet [14] Q&A Session Summary - There were no questions from participants during the Q&A session [25]

Financial Data and Key Metrics Changes - The company reported normalized funds from operations (NFFO) of $0.38 per fully diluted share, representing an increase of over 26% compared to Q1 2024 [25] - The net debt to annualized adjusted EBITDA stood at 4.5 times at the end of the quarter [11][28] - Full year 2025 same store NOI growth targets were increased to a range of 9% to 13% from a prior range of 7% to 10% [26] Business Line Data and Key Metrics Changes - The company achieved 15.1% same store NOI growth year over year in Q1 2025, driven by the operating portfolio, particularly the Trilogy and SHOP segments [8][12] - Trilogy reported a year-over-year same store NOI growth of 19.8%, while SHOP experienced a growth of 30.7% in Q1 2025 [12] - The Trilogy segment's same store NOI growth guidance was revised upward to a range of 12% to 16% from a previous range of 10% to 12% [27] Market Data and Key Metrics Changes - The company noted a sharp uptick in move-ins since the end of Q1, indicating strong demand in the assisted living market [9][70] - The company is experiencing favorable fundamentals in the senior housing industry, benefiting from a multi-year tailwind [9] Company Strategy and Development Direction - The company is focused on delivering high-quality care and improving health outcomes, which is central to its operational strategy [6][7] - The investments team is actively identifying new growth opportunities and has a pipeline of over $300 million in potential acquisitions [20] - The company is prioritizing partnerships with market leaders and expanding its operator base to enhance growth opportunities [10][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued growth across the operating portfolio, particularly as demand for assisted living care increases in warmer months [9] - The company anticipates that the senior housing industry will continue to benefit from favorable demographics and demand trends [9][15] - Management highlighted the importance of quality care and operational efficiency as key drivers for future success [95] Other Important Information - The company successfully closed a lease buyout of a Trilogy campus for approximately $16.1 million and acquired a $65 million SHOP community [19] - The company raised approximately $48 million through its ATM program at an average price of $30.22 per share [25] Q&A Session Summary Question: Can you provide more detail on the investment pipeline and expected close? - Management indicated that the pipeline is robust, with transactions expected to close mostly in the fourth quarter, depending on regulatory approvals [33][34] Question: How is the company thinking about its MOB and triple net portfolio? - The company has been selling off non-core MOB assets, focusing on higher risk-adjusted returns in long-term care [38][41] Question: Can you share details on the investment pipeline's competitiveness and economics? - The pipeline consists of over $300 million, primarily newer buildings, with attractive pricing and yields [46][47] Question: What is the expected impact of tariffs on the business? - Management believes the company is well-positioned to handle potential impacts from tariffs, with a focus on maintaining pricing power [76][79] Question: Can you elaborate on the recent uptick in move-ins and pricing strategies? - The company has seen a significant increase in move-ins, with a focus on reducing concessions and implementing dynamic pricing strategies [70][72] Question: How does Trilogy support SHOP operational efficiency? - Trilogy provides resources such as revenue management and training to regional operators, enhancing overall operational efficiency [95][96]

Group 1 - The annual performance reports for 2024 of 12 national joint-stock commercial banks in China have been fully disclosed, with China Merchants Bank achieving the highest net profit of 148.39 billion yuan [1] - Industrial Bank and CITIC Bank ranked second and third with net profits of 77.21 billion yuan and 68.58 billion yuan respectively [1][2] Group 2 - In terms of net profit growth, Shanghai Pudong Development Bank led with a year-on-year increase of 23.31% [2][3] - Hengfeng Bank and Huaxia Bank followed with growth rates of 5.99% and 4.98% respectively [2][4] Group 3 - Despite the significant growth in net profit, Shanghai Pudong Development Bank has experienced a decline in operating income for four consecutive years, with a decrease from 196.38 billion yuan in 2020 to 170.75 billion yuan in 2024 [3] - The operating income changes for Shanghai Pudong Development Bank from 2020 to 2024 were -2.99%, -2.75%, -1.24%, -8.05%, and -1.55% respectively [3]

事件：财通证券公布2024 年报及2025 年一季报。2024 年财通证券实现营业收入62.9 亿/yoy-3.6%；实现 归母净利润23.4 亿/yoy+3.9%；1Q25 实现归母净利润2.9 亿/yoy-36.5%/qoq-66.6%。 24 年管理费率压降助推净利润实现正增，1Q 业绩下滑主因自营业务承压明显。24 年公司证券主营收入 61.6 亿/yoy-3.7%。1）24 年主营收拆分： 经纪、投行、资管、净利息、净投资、长股投实现收入14.1、5.2、15.5、6.1、15.0、5.2 亿，分别同比 +17.7%、-31.3%、-0.3%、+12.9%、-14.6%、-5.1%，占比分别为22.9%、8.5%、25.1%、9.9%、24.4%、 8.4%。 2）成本管控良好：2024 年公司管理费用34.6 亿/yoy-8.5%，管理费率（管理费用/证券主营收入）为 56.1%/yoy-3.0pct，推动净利润表现优于营收。3）1Q25 主营收拆分：1Q25 公司经纪、投行、资管、净 利息、净投资、长股投实现收入4.2、1.1、2.6、1.4、0.2、0.8 亿，分别同比+41.4%、-24.2 ...

| 名称 | 持有数量(万股) | 占总股本比 | 增减情况 | | --- | --- | --- | --- | | | | 例(%) | (万股) | | 倍有智能科技(深圳)有限公司 | 80000.00 | 22.54 | 不变 | | 吉林银行股份有限公司辽源金汇支行 | 12595.44 | 3.55 | 不变 | | 辽源市智晟达资产管理有限公司 | 8271.64 | 2.33 | 不变 | | 锦银金融租赁有限责任公司 | 6298.12 | 1.77 | 不变 | | 东北证券股份有限公司 | 6193.58 | 1.74 | -11502.37 | | 长城国泰(舟山)产业并购重组基金合伙企业(有限合伙) | 5272.41 | 1.49 | 不变 | | 谢仁国 | 3703.08 | 1.04 | 不变 | | 辽源市巨峰生化科技有限责任公司 | 3343.34 | 0.94 | 新进 | | 香港中央结算有限公司 | 2807.24 | 0.79 | 新进 | | 北信瑞丰基金-工商银行-华融国际信托-华融·融汇54号权益 | | | | | 投资集合资金信托计划 | 2287. ...

一、主要会计数据和财务指标 前十大流通股东累计持有： 3468.78万股，累计占流通股比： 57.17%，较上期变化： -148.40万股。 | 名称 | 持有数量(万股) | 占总股本比例 | 增减情况(万 | | --- | --- | --- | --- | | | | (%) | 股) | | 营口盛金实业发展有限公司 | 1679.81 | 27.69 | 不变 | | 辛伟荣 | 550.55 | 9.07 | 不变 | | 全国社保基金五零三组合 | 280.00 | 4.61 | 不变 | | 玄永强 | 250.25 | 4.12 | 不变 | | 母庆彬 | 230.80 | 3.80 | -5.80 | | 张程翔 | 130.50 | 2.15 | 60.63 | | 横琴涌盈投资管理有限公司-涌盈弘铭私募证券投资 | | | | | 基金 | 116.41 | 1.92 | -136.50 | | 刘盛威 | 109.61 | 1.81 | -15.24 | | 瑞众人寿保险有限责任公司-万能产品 | 61.61 | 1.02 | 不变 | | 横琴涌盈投资管理有限公司-涌盈弘达私募 ...