转自：广西贺州政府网 连贺高速建成通车，架起了贺州与粤港澳大湾区互联互通的快速通道；北过境线顺利投用，有效缓解了城区交通压力，实现了景区与城区的快速接驳；姑 婆山公路提质改造工程全面完工，昔日的盘山公路变身平坦舒适的旅游专线，彻底改变了"山路弯多、通行不便"的交通格局……交通是旅游业发展的"生 命线"，更是撬动区域文旅融合的"金钥匙"。近年来，贺州市按照"五个一"工作思路，全力推进路衍经济"一区一廊一线一品牌"建设，推动一批重点交通 项目相继落成，构建起立体交通网络，全面提升了姑婆山旅游度假区、西溪森林温泉度假邨等核心景区的通达水平，让"快进慢游"的旅游体验成为现实。 汩汩温泉不仅暖了游客身心，更热了贺州的消费市场。随着交通条件改善和文旅产品升级，游客停留时间不断延长，住宿、餐饮、娱乐、购物等二次消费 呈现井喷式增长，"交通促旅游、旅游带消费、消费惠民生"的良性循环加速形成，交通的"硬支撑"直接转化为旅游的"热度"。近年来，贺州市打造形成西 溪森林温泉度假邨、姑婆山伴山温泉度假邨、贺州温泉休闲旅游度假区、里松云瑶谷温泉度假区等6个温泉旅游度假区。据统计，姑婆山旅游度假区截至 11月接待游客166.10万人次， ...

今年以来，海西蒙古族藏族自治州天峻县聚焦高质量发展目标，以创新驱动为抓手，积极探索生态优 先、绿色发展新路径，推动畜牧业、文旅产业双轮驱动，努力将生态优势转化为发展胜势。截至12月22 日，累计投入9021万元专项扶持资金，建成标准化牦牛种畜场和217个家庭牧场，带动牛羊出栏率与农 牧民收入同步增长。 实施"畜牧稳县"战略，出台《天峻县生态畜牧业高质量发展三年行动方案》等一系列政策文件，建 立"奖补结合"机制，推广"牧繁场育""托管代养"等模式，依托"天峻藏羊""天峻牦牛"两大地理标志，深 化与中国极地研究中心合作，建成"中国极地考察畜牧业产品供应基地"，产品附加值提升超30%。文旅 融合方面，以"圣湖之源·净土天峻"为核心定位，打造"草原风光+民俗体验"主题线路，借助千头牦牛挤 奶世界纪录挑战、多部影视作品取景等契机，配套建设自驾营地、低空飞行体验等设施，让"高原秘 境"IP热度持续攀升。 面对区域发展壁垒与生态红线限制，天峻县借鉴长三角协同发展经验，以多元创新模式激活发展动能。 推行"飞地经济"发展模式，通过资金共融、产业协同、交通互联等六项措施打破行政边界，借助浙江宁 波援青力量引进企业实现"借地发展" ...

"自2023年9月29日正式投入运营以来，服务区接待活动团队360余团次、1万余人次，利用观景台红色步 道扫码收听长征故事、红色文化展馆免费讲解等方式接受红色文化教育34万余人次，实现了经济效益与 社会效益的'双丰收'。"渝筑高速"长征国家文化公园·大娄山服务区"经理杨智玲8日告诉记者。 大娄山服务区位于贵州省桐梓县境内，是由重庆进入贵州的第一个服务区，也是贵州高速公路展示长征 文化的重要窗口，浓缩了遵义会议、娄山关战役等红色文化元素，是集休闲旅游服务、红色文化体验、 特色商业为一体的新型服务区。 "我们还将野奢营地与周边村寨串联规划了徒步路线，为村寨引流年均超3万人次，直接带动乡村餐饮、 民宿、农产品零售等相关产业发展，实现了旅游收益的全域共享，让服务区的运营发展成果真正惠及周 边民众。"刘运琴说。 在遵义市正安县，道安高速正安服务区依托正安县"中国吉他之都"美誉和高速"路游憩"服务品牌，通过 打造音乐主题设施、营造音乐氛围，让司乘人员直观感受地方文化魅力，使服务区成为展示正安吉他文 化的"窗口"。 正安服务区相关负责人介绍，该服务区还联合正安县芙蓉江镇打造了"乡村振兴服务站"，集中推广正安 白茶、香肠腊肉 ...

贵州：高速公路服务区特色服务助文旅融合发展 中新网贵阳12月8日电 题：贵州：高速公路服务区特色服务助文旅融合发展 中新网记者 瞿宏伦 "自2023年9月29日正式投入运营以来，服务区接待活动团队360余团次，1万余人次，利用观景台红色步 道扫码收听长征故事、红色文化展馆免费讲解等方式接受红色文化教育34万余人次，实现了经济效益与 社会效益的'双丰收'。"渝筑高速"长征国家文化公园·大娄山服务区"经理杨智玲8日告诉中新网记者。 大娄山服务区位于贵州省桐梓县境内，是由重庆进入贵州的第一个服务区，也是贵州高速公路展示长征 文化的重要窗口，浓缩了遵义会议、娄山关战役等红色文化元素，是集休闲旅游服务、红色文化体验、 特色商业为一体的新型服务区。 杨智玲介绍，大娄山服务区形成了一个观光旅游的新业态和商业创新模式，实现服务区商业价值最大 化，带动全域旅游发展。"大娄山服务区除了为司乘人员和游客提供休息、就餐、加油等基础服务外， 还能参观主题展览、学习红色文化、购买文创产品，备受青睐。" 高速公路服务区是展示地方文化特色和城市形象的重要窗口。近年来，贵州以高速公路为纽带，以服务 区为支点，正推进融合旅游、商贸、文化的"路衍 ...

Core Viewpoint - The article emphasizes the transformation of service areas in Guizhou from simple rest stops to multi-functional consumer spaces, driven by the need to boost consumption and enhance visitor experiences [2][4][12]. Group 1: Transformation of Service Areas - The "Sky Bridge" service area has evolved from merely providing parking and refueling to becoming a tourist destination with diverse offerings such as hotels and children's playgrounds [6][10]. - The service area has successfully attracted visitors despite being in the off-peak tourist season, indicating its appeal as a scenic spot [2][4]. - New facilities like cliffside hotels and RV camps have been established, leveraging the nearby "China Sky Eye" for astronomy-themed experiences [8][12]. Group 2: Economic Impact and Visitor Engagement - In the first ten months of the year, the service area recorded approximately 300,000 vehicle entries and welcomed 1.03 million visitors, generating direct economic benefits of 11.4 million yuan [14]. - The average visitor stay has increased from under an hour to over two hours, with some RV users staying for several days to a month [14]. - The service area has implemented various themed surveys to gather visitor feedback, leading to improved services and diversified offerings [12][14]. Group 3: Community and Regional Development - The service area has positively impacted surrounding villages by facilitating the sale of local agricultural products, contributing over 5.6 million yuan in sales [21][23]. - Local farmers have reported increased incomes due to direct sales opportunities at the service area, with average incomes rising from 10,577 yuan to 16,921 yuan over five years [21][23]. - The service area is seen as a catalyst for regional economic development, linking tourism, commerce, and culture through the "road economy" model [17][25]. Group 4: Future Development Plans - The service area plans to continue enhancing its offerings by introducing themed tourism routes and promotional packages that combine accommodation and local experiences [16][25]. - There is a focus on integrating health and wellness services, as well as leveraging digital technologies to improve visitor experiences [29][31]. - The ongoing upgrades and transformations of service areas across the country are part of a broader initiative to enhance service quality and diversify offerings in line with national development goals [27].

Core Insights - The article highlights the transformation and modernization of highway service areas in Shaanxi, enhancing user experience and supporting local economic growth [2][3][4] Group 1: Service Area Transformation - Shaanxi has implemented upgrades to multiple highway service areas, introducing diverse business models that cater to the needs of travelers and tourists [2][3] - The Ziwuxi Service Area has integrated 37 different business types, becoming a key resting spot for visitors during holidays [3] - The transformation aims to leverage local natural resources and geographical advantages, creating new economic opportunities for local residents through job creation and consumer spending [3][4] Group 2: Employment and Community Impact - The service areas employ around 9,000 staff, with 95% being local residents, thus providing significant employment opportunities [4] - Over 70 rural specialty shops have been established in service areas, directly creating 500 jobs for local communities [4] Group 3: Technological Innovation and Industry Upgrading - The Shaanxi Highway Asphalt Materials Company has undergone a strategic transformation, increasing its production capacity to 2,000 tons per day and achieving a 37-fold increase in revenue since its restructuring [5][6] - The company aims to become a leading high-end customized asphalt supplier, expanding its market reach to international territories, including plans for a subsidiary in the Middle East [6] Group 4: Organizational Restructuring and Strategic Development - The establishment of the Shaanxi Transportation Holding Group has streamlined operations by merging 17 transportation-related entities, enhancing service capabilities and investment in infrastructure [7][8] - The group has completed fixed asset investments totaling 55.651 billion yuan, improving the road network and traffic efficiency across the province [8]

Summary of Sichuan Chengyu Conference Call Company and Industry Overview - **Company**: Sichuan Chengyu Expressway Company - **Industry**: Expressway and Infrastructure Management Key Points and Arguments 1. **Revenue Growth**: The company's toll revenue has shown a compound annual growth rate (CAGR) of 11% over the past three years, ranking second only to China Merchants Expressway, significantly outperforming Ninghu Expressway [2][3] 2. **Profitability**: The gross margin for 2024 is projected to be 59.6%, placing the company third in the industry, behind Guangdong Expressway and Anhui Expressway. The company experienced a remarkable growth of 90.15% in 2023, with an expected further increase of 22.9% in 2024 [2][3] 3. **Policy Support**: The Sichuan provincial government has provided substantial support, allowing for the expansion and upgrade of expressways, such as the Chengya Expressway, which will extend the toll collection period by 30 years and increase toll rates [2][5] 4. **Dividend Commitment**: The company has committed to a minimum dividend payout ratio of 60% over the next three years, supported by the Sichuan Provincial State-owned Assets Supervision and Administration Commission's policies [2][6] 5. **Capital Expenditure Reduction**: Capital expenditures are expected to decrease significantly, with a 35.8% decline in 2024 compared to 2023, and an 18.4% decline in Q1 2025 compared to Q1 2024, leading to improved cash flow and dividend capacity [2][9][8] 6. **Asset Quality**: The company maintains high asset quality, focusing solely on expressway operations without diversifying into unrelated sectors. Its expressways are strategically located, enhancing traffic flow and revenue potential [5][7] 7. **Future Growth Potential**: The company is well-positioned for future growth due to its core business focus, advantageous location, and supportive policies. The combination of revenue growth and cost-saving measures suggests a strong outlook for continued performance [7][10] 8. **Debt Management**: The company's debt-to-asset ratio has been declining, indicating improved financial health. It is projected to remain below 70%, supporting stable investment returns [11] 9. **Long-term Profitability Assurance**: The acquisition of the Er'er C Expressway project includes a seven-year profit commitment from the controlling shareholder, ensuring a minimum net profit of 2.3 billion yuan from 2023 to 2025 [12] 10. **Market Positioning**: Sichuan Chengyu has significant room for growth through asset interactions with its major shareholder, Shudao Group, which has a toll revenue of 26.8 billion yuan, indicating potential for further capital and asset operations [15] Additional Important Insights - **Dividend Yield**: The company is currently the only expressway stock in A-shares with a dividend yield exceeding 5%, reflecting strong performance in shareholder returns [8] - **Future Net Profit Projections**: Expected net profits for 2025, 2026, and 2027 are projected to be 1.58 billion, 1.71 billion, and 1.84 billion yuan, respectively, with target prices set at 7.75 yuan for A-shares and 6.01 HKD for Hong Kong shares [16][17]

Core Viewpoint - The pilot project for the "Four Good Rural Roads" construction in Gansu Province has achieved significant breakthroughs, demonstrating innovation, leadership, and potential for broader application in the context of building a strong transportation nation [1][2]. Summary by Sections Pilot Project Overview - The pilot project in Gansu Province has been approved, with the Ministry of Transport stating that it has met its expected goals and is ready for broader implementation [1]. - The project aims to enhance rural road networks, ensuring accessibility and integration with modern agriculture, rural tourism, and other industries [1][2]. Future Expectations - Over the next 1-2 years, the rural road network is expected to improve significantly, with deeper connectivity and tighter integration with local industries [2]. - By 2027, the goal is to complete the construction of 300,000 kilometers of new and renovated rural roads, establishing a more efficient and equitable rural road network [7]. Current State of Rural Roads - As of the end of 2024, the total length of rural roads in China is projected to reach 4.64 million kilometers, accounting for 84.5% of the total road network, effectively addressing historical travel difficulties in rural areas [2]. Challenges in Rural Road Development - Despite progress, challenges remain, including low technical standards, quality issues, and inadequate management and maintenance systems [5]. - The Ministry of Transport has identified issues such as underfunding and unclear responsibilities in rural road management [5]. Gansu Province Achievements - Gansu Province has established a comprehensive rural road network, with 126,600 kilometers of rural roads and a hard-surfaced road rate of 93.44% for natural villages [5][6]. - The province has invested 6.795 billion yuan in maintenance, implementing 31,400 kilometers of maintenance projects and creating numerous job opportunities through road construction [6]. Integration with Local Economies - Gansu is promoting the integration of rural roads with agriculture, tourism, and ecological governance, aiming to develop a trillion-yuan industry cluster related to road economy [5][6].

Group 1: Transportation Infrastructure Development - The current summer transportation season sees Henan as a crucial transportation hub, effectively managing the flow of people and goods while maintaining strong investment in major transportation projects [2] - A provincial transportation work conference held on July 29 in Zhengzhou emphasized the acceleration of various engineering projects to enhance the construction of a strong transportation province, contributing to high-quality economic and social development in Henan [2] Group 2: Highway Expansion Goals - The completion of the last beam installation for the Huanghe Grand Bridge marks significant progress in the key project of the "13445 Project," which aims to achieve over 10,000 kilometers of highway by the end of 2025 [3] - As of mid-2023, Henan has completed 530.4 billion yuan in fixed asset investment in transportation, achieving 53% of the annual target of 1 trillion yuan, with 27 ongoing highway projects accounting for 62.2% of their annual investment plan [3] Group 3: Inland Waterway Development - The establishment of the Henan Jialu River Construction Company aims to revitalize the Jialu River for water transport, reflecting Henan's ambition to enhance its inland waterway capabilities [4][5] - By the end of June, Henan's inland waterway investment reached 100.2 billion yuan, with a port throughput of 35.14 million tons, marking a year-on-year increase of 70.33% [4] Group 4: Integration of Transportation and Tourism - The development of tourism highways, such as the ecological Funiu No. 1 tourism highway, has exceeded targets with 1,804 kilometers completed, enhancing connectivity between scenic spots and local economies [6] - The provincial transportation department aims to expand the total length of tourism highways to over 16,600 kilometers, promoting new economic models that integrate services and tourism [6]

Core Insights - The article discusses the development of "road economy" in Hezhou, Guangxi, which transforms transportation infrastructure into a new platform for industrial development, integrating agricultural products into urban markets and industrial goods into rural areas [1] Group 1: Road Economy Development - Road economy relies on the natural attributes of extensive road networks to stimulate regional economic growth through the aggregation and diffusion of economic elements along transportation routes [1] - The strategy of integrating transportation and tourism is being explored, with the road economy beginning to take shape and driving the comprehensive output value of upstream and downstream industries [1][2] Group 2: Challenges and Solutions - Current challenges in road economy development include low industry collaboration, fragmented resource integration, outdated policy frameworks, insufficient resource guarantees, and a lack of technological empowerment [1][2] - To address these challenges, a supportive policy and operational system for cross-sector integration is necessary, requiring the establishment of a multi-party collaborative mechanism [2] Group 3: Innovative Integration Paths - The "transportation+" model is proposed to reconstruct industrial chains, integrating various sectors such as culture, tourism, and rural revitalization with transportation [2][3] - Technological empowerment is emphasized as a key to innovation in road economy, advocating for the deep application of technologies like 5G, IoT, and renewable energy [3]