Distribution Plan - The profit distribution plan was approved at the company's annual shareholders' meeting on May 23, 2025 [1] - The distribution is based on a total share capital of 1,610,115,901 shares, with a cash dividend of 0.17 RMB per share (before tax), totaling 273,719,703.17 RMB [1][2] - The distribution will be made to all shareholders registered with China Securities Depository and Clearing Corporation Limited, Shanghai Branch, after the market closes on the record date [1] Implementation Details - Cash dividends for shareholders who have not designated a trading account will be held by China Securities Depository and Clearing Corporation Limited until they complete the designated trading [1] - The company will directly distribute cash dividends to specific shareholders, including Hubei Transportation Investment Group Co., Ltd. and China Merchants Highway Network Technology Holdings Co., Ltd. [2] Taxation Information - For individual shareholders holding shares for over one year, the cash dividend of 0.17 RMB per share is exempt from personal income tax [5] - For individual shareholders holding shares for one year or less, the company will not withhold personal income tax at the time of distribution, but the tax will be calculated upon the transfer of shares [5] - Qualified Foreign Institutional Investors (QFIIs) will have a 10% withholding tax applied, resulting in a net cash dividend of 0.153 RMB per share [6] - Hong Kong Stock Exchange investors will also face a 10% withholding tax, leading to a net cash dividend of 0.153 RMB per share [6] - Other institutional investors and corporate shareholders will receive the full cash dividend of 0.17 RMB per share without withholding [6] Contact Information - For inquiries regarding the implementation of the equity distribution, shareholders can contact the company's board office at 027-87576667 [7]

Meeting Overview - The annual general meeting of Anhui Wantuo Expressway Co., Ltd. is scheduled for June 24, 2025, at 14:30 [4][10] - The meeting will be chaired by the chairman of the board, with provisions for a vice-chairman or a director to preside if necessary [2][3] - Registration for the meeting will occur from 13:30 to 14:30 on the same day, requiring specific identification documents for attendees [2][3] Governance and Compliance - The board of directors held 10 meetings in 2024, reviewing 62 proposals and reports, including budget approvals and bond issuances [5][6] - The company has revised its articles of association and board working regulations to enhance governance and operational efficiency [6][7] - Independent directors play a crucial role in overseeing compliance and governance, with three independent directors actively participating in committees [8][9] Financial Performance - For the fiscal year, the company reported a revenue of RMB 709.183 million, a 6.94% increase from RMB 663.134 million in 2023 [10][11] - The total profit for the year was RMB 222.47 million, a slight decrease of 1.86% compared to the previous year [10][11] - The net profit attributable to shareholders was RMB 166.898 million, reflecting a 0.55% increase year-over-year [10][11] Operational Efficiency - The company has implemented various initiatives to enhance operational efficiency, including a new collaborative snow removal model and performance-based salary systems [11][12] - Significant improvements in toll collection and management have been achieved, including the transition to electronic invoicing [12][13] - The company has established a smart operation command center to optimize traffic management and service delivery [12][13] Investor Relations and Market Recognition - The company has maintained a strong commitment to investor relations, hosting multiple performance briefings and engaging with over 80 foreign investment institutions [9][10] - It has received accolades for its investment value and ESG reporting, including the "Golden Bull Most Valuable Investment Award" [9][10] - The company has a consistent dividend policy, having distributed approximately RMB 9.412 billion in cash dividends since its listing [10][11] Future Plans - The company aims to achieve a toll revenue target of approximately RMB 4.603 billion for 2025, reflecting a strategic focus on enhancing operational performance [14][15] - Plans include optimizing service quality, expanding smart management systems, and improving maintenance practices [14][15] - The company will continue to strengthen its compliance and governance frameworks to support sustainable growth [17][18]

+0.03(+0.54%) -0.08(-0.91%) +0.08(+1.96%) 保险 中国太保 中国平安 中国人保 011 3767.88亿市值 3403.68亿市值 9968.28亿市值 7.95亿成交额 46.06亿成交额 6.95亿成交额 35.38 54.74 8.52 +0.51(+1.46%) +1.54(+2.89%) +0.14(+1.67%) 酸酒行业 贵州茅台 五粮液 山内对酒 17946.80亿市值 2237.90亿市值 4640.85亿市值 49.91亿成交额 21.95亿成交额 35.36亿成交额 119.56 1428.66 183.44 +2.66(+0.19%) +6.84(+3.87%) +2.28(+1.94%) 半导体 北方华创 寒武纪-U 海光信息 HYGON 2279.70亿市值 3102.99亿市值 2396.08亿市值 14.35亿成交额 21.38亿成交额 12.10亿成交额 426.77 573.97 133.50 +3.21(+0.76%) -8.11(-1.39%) -0.65(-0.48%) 汽车整车 铁路公路 长城汽车 比亚迪 京沪高铁 1793. ...

记者从广东省交通运输厅获悉，连日来，广东省交通运输系统全力防御今年1号台风"蝴蝶"及强降雨影 响，持续抓好防汛防雨、防汛救灾、应急抢通等工作，全省公路水路现正安全有序恢复。截至6月20日9 时，广东省受台风过境影响高速公路封闭8处，均已恢复正常通行；受后续强降雨影响高速公路封闭16 处，其中8处已恢复全面通行，其余8处已恢复通行(部分车道暂时封闭)。普通国省道突发中断83处，已 抢通恢复78处，剩余5处正在组织抢通中。农村公路突发中断111处，已抢通恢复80处，剩余31处正在组 织抢通中。(央视新闻) ...

交运ETF（561320）跟踪的是运输指数（000945），该指数由中证指数有限公司编制，从A股市场 中选取涵盖航空、海运、公路及铁路运输等交通运输行业的代表性上市公司证券作为指数样本，以反映 运输行业上市公司证券的整体表现。 申万宏源证券指出，铁路货运行业受益于转型物流及运价政策调整，货运量及周转量稳步增长但增 速中枢低位，数智化提升有望优化成本并驱动单位利润改善。高速公路板块客货车流量稳中有增，增速 阶段性趋缓，路产改扩建酝酿新周期，H股估值修复预期较强，A股或向系统性估值重构演绎。高铁客 运量保持稳健增长，但周转量受运距影响增速较弱，客群结构性变化带来稳健预期，估值逻辑或从PE 向DCF切换。物流行业通过AI赋能提升交通效率，传统运筹学与物流流程融合推动"模型治理"，领先企 业有望拓展业务版图并提高市占率。 （责任编辑：董萍萍 ） 注：指数/基金短期涨跌幅及历史表现仅供分析参考，不预示未来表现。市场观点随市场环境变化 而变动，不构成任何投资建议或承诺。文中提及指数仅供参考，不构成任何投资建议，也不构成对基金 业绩的预测和保证。如需购买相关基金产品，请选择与风险等级相匹配的产品。基金有风险，投资需谨 慎。 ...

Group 1 - The core viewpoint is that the high dividend sector of the Hong Kong stock market is gaining attention for its defensive attributes amid ongoing inflation concerns, with the Hong Kong Dividend ETF (159331) rising over 1% [1] - Huachuang Securities highlights that companies in the high dividend sector possess strong free cash flow generation capabilities, ensuring dividend sustainability and shareholder returns, even in a low-interest-rate environment [1] - Traditional industries such as banking, ports, and highways are emphasized for their stable earnings and dividends, making them attractive for investment in the current market conditions [1] Group 2 - The Hong Kong Dividend ETF (code: 159331) tracks the Hong Kong Stock Connect High Dividend Index (code: 930914), which includes 30 highly liquid, consistently dividend-paying stocks with high dividend yields [2] - The index focuses on high dividend investment strategies and aims to reflect the overall performance of high dividend securities in the Hong Kong market [2] - Investors without stock accounts are advised to consider related funds such as the Cathay CSI Hong Kong Stock Connect High Dividend Investment ETF Initiated Link A (022274) and Link C (022275) [2]

"大热天，冲完凉，真爽！"6月17日下午，海南中线高速公路屯昌枫木服务区，来自河南的货车司 机赵晨阳停好车，直奔"司机之家"。在此，赵晨阳舒舒服服洗了个澡，换一身干爽衣服，躺下吹着空调 休息，长途奔波的疲惫一扫而光。 海南高速公路枫木服务区为货运司乘人员提供"一站式"贴心服务 高速路上的"司机之家" 海南日报全媒体记者 曹马志 为了建立健全长效管理机制，海南交投委托第三方为"司机之家"提供专业的物业管理服务，现场实 行两人24小时轮班制，为货车司机提供一站式贴心服务。司机凭借道路运输从业人员从业资格证、驾驶 证（身份证）就能免费入住"司机之家"。此外，"司机之家"还提供充足的客、货停车位，油、电能源补 给。 免费入住、淋浴洗衣、充电热饭、车位管够、油电补给、24小时监控……枫木服务区"司机之家"已 投用6年，正值炎炎夏日，越来越多南来北往的货车司机在此畅享清凉，"累了就来这里歇歇脚、消消 暑"。 在"司机之家"安静的空调房里，赵晨阳舒心地睡了一个多小时，手机也充满了电，随后启动车子， 接着赶路去岛外送货。 "以前车开到哪就睡到哪，走到哪就吃到哪。"跑了10来年长途的赵晨阳早已习惯以车为家，"赶路 送货时间不等 ...

1-5月，全省规模工业增加值同比增长8.1%、比去年同期快1.2个百分点。其中装备制造业增加值增长12.9%、拉 动规模工业增长4.1个百分点，其中金属制品业增长23.6%、电子信息制造业增长16.2%、电气机械和器材制造 业增长14.4%。 此外，1-5月，全省民间投资同比增长6.7%、比上年同期快6.7个百分点。公路运输稳步增长。公路运输总周转 量674.54亿吨公里、增长4.7%。金融信贷支撑较强。5月末，全省金融机构本外币各项存款余额87311.1亿元、 增长9.2%，各项贷款余额77639.1亿元、增长6.9%。 服务业稳定增长。34个行业中有29个行业营业收入保持增长，行业增长面为85.3%，较去年同期扩大5.9个百分 点。科技服务业增速较高。规模以上研究和试验发展营业收入增长14.6%、科技推广和应用服务业增长12.4%、 专业技术服务业增长12.1%。 总体来看，1-5月，各项宏观政策加力显效，全省经济运行总体平稳、韧性增强。但当前外部环境严峻复杂， 不稳定不确定因素较多，部分行业领域分化，经济持续回升向好基础还需进一步巩固。（红网时刻记者 陈雪骅 通讯员 向桐） 经营效益明显改善。规上服务业 ...

重视新交运、新物流机会 ——交通运输行业2025年中期投资策略 2025年6月19日 证券研究报告 * 请务必阅读最后一页免责声明 * 01 投资建议 证券研究报告 * 请务必阅读最后一页免责声明 目 录 C O N T E N T S 1 • 航空板块：五一小长假航空需求强劲，暑运旺季或再现需求畅旺，建议重视航空旺季前布局窗口。3月以来行业逐步走出需求淡季， 淡旺季之间需求有支撑、航司价格投放更理性。建议前瞻性关注远期价格投放情况，淡季价格超预期、暑运需求将有望致Q2、Q3 行业盈利表现好于预期，建议关注航空旺季前配置窗口，关注中国国航、南方航空、中国东航、春秋航空、吉祥航空、华夏航空。 • 快递物流板块：快递板块当前仍处于低估区间，电商市场规模持续增长，叠加下沉市场及电商逆向件等新需求落地，看好行业需求 增长韧性，建议关注电商快递龙头企业中通快递-W、圆通速递、韵达股份、申通快递、极兔速递-W；随着顺周期预期改善，中高 端快递市场具备需求回暖机会价值，企业端专注自我蓄力，建议重视布局机会，关注综合物流龙头顺丰控股。京东入局外卖行业， 与美团、饿了么开展即配领域竞争，开启即时消费市场"三国杀"，或为中游即配 ...

新华社比什凯克6月18日电 通讯丨"我们很荣幸成为这条坦途的见证者"——吉尔吉斯斯坦新北南公 路让沿线地区焕发活力 新华社记者江宥林 "小时候，我身边的孩子想的是怎样放牧；现在，我们这里的年轻人都在思考如何更好地招待来游 玩的客人。"吉尔吉斯斯坦贾拉拉巴德州卡扎尔曼村居民雷萨利耶夫说，"这一切都要感谢中国朋友帮我 们修建了高质量公路。" 吉尔吉斯斯坦是一个多山的内陆国家。北部的吉首都比什凯克同南部的贾拉拉巴德、奥什是这个国 家的重要经济区。然而，连通北南的老公路年久失修，交通不畅。 "以前，从我家去比什凯克乘车需要十多个小时，都是碎石路，很不好走，要时刻提防发生交通事 故。"雷萨利耶夫回忆道，"重型车辆很难开到我们这里，建筑所需的材料和设备无法运达，建设和发展 很受影响。" 作为最早支持和参与共建"一带一路"的国家之一，吉尔吉斯斯坦与中国合作建设贯通吉南北的干线 公路——新北南公路。该公路全长433公里，为当地人民带来了切实便利和福祉，也让沿线地区焕发"新 生"。 "新公路修好后，我们去州首府贾拉拉巴德乃至北边的伊塞克湖景区快了许多。随着道路畅通，大 件货物很容易运过来。以前来我们这里游玩的人不多，如今当地很 ...