Core Viewpoint - *ST Zhengping has experienced a significant stock price increase of 152.42% from September 1 to October 28, 2025, leading to a decision to suspend trading for up to 10 days due to concerns over the stock's disconnection from its fundamental performance [1][2]. Group 1: Stock Performance and Trading Suspension - The stock has recorded 21 consecutive trading days of gains, with a total increase of 156.23% during this period, excluding 5 days of suspension [5]. - The company announced a trading suspension starting October 29, 2025, to investigate the rapid price increase and its implications for investor risk [1][2]. - This is the second trading suspension within a month, following a previous suspension from October 9 to October 16, 2025, due to abnormal trading fluctuations [2]. Group 2: Company Fundamentals and Risks - The company has indicated that its stock price has significantly deviated from its current fundamental situation, with no major changes in its business fundamentals [1][4]. - There are serious risks associated with the company's potential delisting, as it received an audit report with a disclaimer of opinion for its 2024 annual report, and it has been subject to multiple risk warnings [4][8]. - The company faces challenges such as insufficient mining resource extraction capacity, unresolved non-operating fund occupation issues, and ongoing losses [4]. Group 3: Historical Context and Business Operations - *ST Zhengping, listed since September 5, 2016, has seen its stock price decline from a historical high of 34.39 yuan to a low of 1.59 yuan, representing a maximum cumulative decline of 95.38% [5]. - The company primarily engages in infrastructure construction, cultural tourism, and non-ferrous metal mining, while also exploring new business areas such as renewable energy and intelligent computing services [5].

*ST正平盘中涨停，已连收5个涨停板，截至9:25，该股报6.79元，换手率0.14%，成交量101.16万股， 成交金额686.90万元，涨停板封单金额为2813.41万元。连续涨停期间，该股累计上涨27.63%，累计换 手率为10.62%。最新A股总市值达47.50亿元。 龙虎榜数据显示，该股因连续三个交易日内，收盘价涨幅偏离值累计达到12%的ST证券、*ST证券上榜 龙虎榜1次，买卖居前营业部中，营业部席位合计净卖出136.79万元。 | 日期 | 当日涨跌幅（%） | 换手率（%） | 主力资金净流入（万元） | | --- | --- | --- | --- | | 2025.10.27 | 5.03 | 1.11 | 476.52 | | 2025.10.24 | 4.94 | 2.02 | -315.88 | | 2025.10.23 | 5.01 | 6.10 | -1905.19 | | 2025.10.22 | 5.08 | 1.25 | 786.11 | | 2025.10.21 | -3.97 | 6.48 | -2590.68 | | 2025.10.20 | -4.97 | 6.2 ...

Core Points - The "Seventh National Excellent Cultural Brand Selection Activity" organized by China Transportation News Agency showcases the "De Hou Lu Chang" cultural brand of Shanxi Road and Bridge Group's second company, which has entered the final evaluation stage [1][6] - A total of 648 brands participated in the event, with over 300 brands advancing to the storytelling phase, including 162 brands from the northern region [1] Group 1 - The performance of the second company, titled "Three Generations of Road Builders, One Line of De Hou Emotion," narrates the epic struggle of three generations of road builders, highlighting the transition from traditional construction to intelligent building [3] - The narrative spans from the challenging 1960s, where basic tools were used to build roads, to the innovative 1990s, and into the current era of digitalization and smart construction technologies [3] - The performance received widespread acclaim, showcasing the company's commitment to craftsmanship and the enduring spirit of "De Hou Lu Chang" [3][6] Group 2 - The event provided a platform for the "De Hou Lu Chang" cultural brand to demonstrate its appeal, enhancing brand influence and promoting high-quality development within the company [6] - The company aims to integrate its cultural philosophy into all aspects of production and operations, fostering a strong cultural force for sustainable development [6]

近日该股表现 龙虎榜数据显示，该股因连续三个交易日内，收盘价涨幅偏离值累计达到12%的ST证券、*ST证券上榜 龙虎榜1次，买卖居前营业部中，营业部席位合计净卖出136.79万元。 据天眼查APP显示，正平路桥建设股份有限公司成立于1996年03月18日，注册资本69962.3237万人民 币。（数据宝） *ST正平盘中涨停，已连收4个涨停板，截至9:25，该股报6.47元，换手率0.46%，成交量323.45万股， 成交金额2092.72万元，连续涨停期间，该股累计上涨21.62%，累计换手率为9.83%。最新A股总市值达 45.27亿元。 | 日期 | 当日涨跌幅（%） | 换手率（%） | 主力资金净流入（万元） | | --- | --- | --- | --- | | 2025.10.24 | 4.94 | 2.02 | -315.88 | | 2025.10.23 | 5.01 | 6.10 | -1905.19 | | 2025.10.22 | 5.08 | 1.25 | 786.11 | | 2025.10.21 | -3.97 | 6.48 | -2590.68 | | 2025.10.20 ...

Core Viewpoint - The company has released its third-quarter financial report, ensuring the accuracy and completeness of the information disclosed, with no significant omissions or misleading statements [2][3]. Financial Data - The third-quarter financial report has not been audited [8]. - The company does not require retrospective adjustments or restatements of previous accounting data [3]. - There are no non-recurring profit and loss items applicable for the reporting period [3]. Shareholder Information - The company’s controlling shareholder, Xinjiang Production and Construction Corps Engineering (Group) Co., Ltd., has had 177,260,865 shares released from restrictions as of July 14, 2025, due to the expiration of the lock-up period [5]. - The company has received approval from the China Securities Regulatory Commission for a specific stock issuance, with plans to proceed according to regulatory requirements [6]. Financial Statements - The company has prepared consolidated financial statements, including the balance sheet, income statement, and cash flow statement for the period ending September 30, 2025 [7].

Core Viewpoint - The company reported significant revenue growth in the first three quarters of 2025, but also faced substantial losses in net profit and non-recurring profit [1] Financial Performance - The company achieved a revenue of 7.676 billion yuan in the first three quarters, representing a year-on-year growth of 41.23% [1] - The net profit attributable to the parent company was a loss of 98.2 million yuan [1] - The non-recurring net profit also showed a loss of 108 million yuan [1] - The basic earnings per share were reported at -0.0774 yuan [1]

Core Viewpoint - Chengdu Road and Bridge (002628.SZ) reported a slight revenue increase but significant net losses in the first three quarters of 2025 [1] Financial Performance - The company achieved a revenue of 541 million yuan, representing a year-on-year growth of 0.88% [1] - The net profit attributable to shareholders was a loss of 28.36 million yuan [1] - The non-recurring net profit also showed a loss of 31.9966 million yuan [1] - Basic earnings per share were reported at -0.037 yuan [1]

Group 1 - Company Beixin Road and Bridge reported a revenue of approximately 7.676 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 41.23% [1] - The net profit attributable to shareholders of the listed company was a loss of approximately 98.2 million yuan [1] - The basic earnings per share showed a loss of 0.0774 yuan [1] Group 2 - As of the report, the market capitalization of Beixin Road and Bridge is 6.4 billion yuan [2]

证券代码：002628 证券简称：成都路桥 公告编号：2025-057 成都市路桥工程股份有限公司 2025 年第三季度经营情况公告 三、特别提示 上述数据仅为公司工程部门统计的阶段性数据，未经审计，可能会与定期报 告披露的数据存在差异，仅供投资者参考，敬请注意投资风险。 特此公告。 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 根据《深圳证券交易所上市公司自律监管指引第 3 号—行业信息披露》的相 关规定，现将成都市路桥工程股份有限公司（以下简称"公司"）2025 年第三 季度经营情况公告如下： 一、2025 年第三季度订单情况 | 第三季度新中标及新签约订单 | | 截至第三季度末累计 | | 截至第三季度末累计 | | | --- | --- | --- | --- | --- | --- | | | | 已签约未完工订单 | | 已中标未签约订单 | | | 数量 | 金额（万元） | 数量 | 金额（亿元） | 数量 | 金额（万元） | | 6 | 1,297.16 | 23 | 40.50 | 0 | 0 | 二、重大项目履约情况 | 项目名称 ...

Core Viewpoint - *ST Zhengping's stock has experienced significant volatility and a sharp increase in price, raising concerns about its sustainability and potential risks associated with its financial health and operational capabilities [1][2][3] Trading Information Summary - As of October 24, 2025, *ST Zhengping's stock closed at 6.16 yuan, up 5.66% from the previous week, reaching a nearly one-year high [1] - The stock has seen a cumulative increase of 129% from September 1 to October 24, 2025, with 19 days of trading halts and 6 instances of abnormal fluctuations [2][3] - The stock was listed on the "Dragon and Tiger List" due to a price deviation of over 12% for three consecutive trading days [1][2] Company Announcement Summary - The company has received an audit report for its 2024 annual report that expresses an inability to provide an opinion, raising concerns about its ongoing viability [2][3] - The company has a high asset-liability ratio of 92.22%, with total monetary funds of 102 million yuan, of which 81.66 million yuan is restricted [2][3] - The company reported a net profit attributable to shareholders of -484 million yuan for 2024 and -88 million yuan for the first half of 2025 [1][2][3] - There are significant uncertainties regarding the mining operations of its subsidiary due to insufficient funds, personnel, and equipment [2][3]