Core Viewpoint - Fujian Expressway (600033.SH) is enhancing its external investment strategy by participating in a capital increase project for Haixia Insurance, aiming to leverage its cash flow advantages for sustainable development [1][5]. Investment Plan - Fujian Expressway plans to invest 180 million yuan in Haixia Insurance's 2025 capital increase project, which totals 1 billion yuan [1][2]. - After the capital increase, Fujian Expressway will maintain an 18% stake in Haixia Insurance, making it the second-largest shareholder [1][3]. Financial Performance - For the first three quarters of 2025, Fujian Expressway reported revenue of 2.298 billion yuan, a year-on-year increase of 1.3%, and a net profit attributable to shareholders of 822 million yuan, up 3.58% [1][5]. - The company plans to distribute a cash dividend of 0.5 yuan per share, totaling 137 million yuan, which represents 16.70% of its net profit for the same period [1][6]. Shareholder Structure Post-Investment - Following the capital increase, Fujian Provincial Investment Development Group will increase its stake in Haixia Insurance from 20% to 55.49%, while Fujian Shipbuilding Industry Group will maintain its 10% stake [3]. Operational Context - Fujian Expressway operates 282 kilometers of toll roads and has invested in various financial institutions, contributing positively to its long-term sustainable development [5][6]. - The company has achieved an investment income of 49.12 million yuan in the first nine months of 2025, reflecting a year-on-year growth of 23.63% [6]. Financial Stability - As of September 2025, Fujian Expressway's total assets amounted to 17.593 billion yuan, with a low debt-to-asset ratio of 14.01% [7].

11月26日晚间，福建高速披露对外投资计划，拟以自有资金1.8亿元，参与海峡金桥财产保险股份有限 公司（以下简称"海峡保险"）2025年度增资扩股项目。 数据显示，2025年前三季度，福建高速实现营业收入22.98亿元，同比增长1.3%；归属于上市公司股东 的净利润（以下简称"归母净利润"）8.22亿元，同比增长3.58%。 值得关注的是，同日晚间，福建高速发布利润分配方案，拟每10股派发现金红利0.5元（含税，下 同），合计拟派发现金红利1.37亿元，占公司2025年前三季度归母净利润的比例为16.70%。 同花顺数据显示，自2001年上市以来，福建高速累计分红68.5亿元。而自2009年11月定增之后，福建高 速已16年未实施股权再融资。 长江商报消息●长江商报记者 徐佳 在"主业提升、投资驱动"的发展战略下，福建高速将通过参与海峡保险增资，发挥公司现金流优势，拓 展可持续发展空间。 主业稳健的福建高速（600033.SH）加码对外投资。 长江商报记者注意到，海峡保险本次将获得10亿元增资。本次增资后，福建高速依旧持有海峡保险18% 股权，为后者第二大股东。 同时，福建省投资开发集团作为海峡保险的第一大股 ...