Core Insights - The Ministry of Transport reported that in July 2025, 54 cities in China operated 330 urban rail transit lines, with a total operational mileage of 11,146.8 kilometers, and a passenger volume of 2.92 billion trips, marking an increase of 8.6% month-on-month and 1.7% year-on-year [1] Summary by Category Operational Data - In July 2025, the total operational mileage of urban rail transit reached 11,146.8 kilometers, with 330 lines in operation across 54 cities [1] - The actual number of train operations was 3.74 million, with a passenger volume of 2.92 billion trips and an entry volume of 1.74 billion [1] Passenger Volume - The passenger volume increased by 230 million trips month-on-month, representing an 8.6% growth, and a year-on-year increase of 50 million trips, or 1.7% [1] - The average passenger intensity for the total operational mileage was 0.845 million trips per kilometer per day, showing a month-on-month increase of 3.4% but a year-on-year decrease of 5.7% [1] City-Specific Data - Among the 54 cities, 43 cities operated metro and light rail lines totaling 271 lines and 9,658.1 kilometers, with a passenger volume of 2.82 billion trips [1] - 16 cities operated monorail, maglev, and regional rapid transit lines totaling 25 lines and 970.7 kilometers, with a passenger volume of 83.14 million trips [1] - 18 cities operated trams and automated guided rail systems totaling 34 lines and 518 kilometers, with a passenger volume of 10.98 million trips [1] New Additions - In July, there was an addition of 19.9 kilometers of operational mileage with one new operational section, specifically the northern section of Tianjin Metro Line 4 [1] - There was a reduction of 0.7 kilometers in operational mileage due to the cancellation of a section of the Guangzhou Haizhu Tram Line [1]

票价按照最短乘车路径计算 未必是时间最短的出行路径 也就是说，系统会根据乘客进闸和出闸的站点，自动计算出在地铁线网中两个站之间最短乘车路径的轨道里 程，然后按如下规则计费：0~4公里，2元；4~12公里，每增加4公里加1元；12~24公里，每增加6公里加1 元；24公里以上，每增加8公里加1元；最高票价20元。另外，珠江新城旅客自动输送系统（APM线）实行票 价2元的单一票制。 从计费规则可以看出，里程在8—12公里之间票价都是4元，也就是说，只要起点站和终点站之间的"最短乘车 路径的轨道里程"在这区间内，无论多少个站，票价都是4元。 可是，明明赤沙是沙河与燕岗之间的中间站，里程应该也仅有一半，为什么沙河到燕岗、沙河到赤沙、赤沙 到燕岗票价是一样的呢？如果沙河到赤沙、赤沙到燕岗票价是4元，那从沙河到燕岗，票价应该在5元以上才 对。 说到这里，可能大家忽略了一开始说的一个重要的知识点，就是票价是按"最短乘车路径的轨道里程"来算 的。由于最短乘车路径只计算列车运行的里程，而实际上乘车还要加上换乘等车的时间，加上之后，最短乘 车路径就未必是时间最短的出行路径了。 沙河到燕岗的最短乘车距离，是从沙河搭乘六号线到东湖， ...

串起多个商圈景区，五号线开通首周，客流量超一百五十万人次 一条新线贯南北 激发文商旅新活力 □ 南京日报/紫金山新闻记者 吴春霞 黄琳燕 李子俊 实习生 张珊 史羽梵 8月6日，南京地铁5号线正式开通运营。记者从南京地铁获悉，截至8月9日，这条贯穿南北的轨道交通 线路累计客流量已达152.5万人次。开通后的首个周末，这条线路迎来休息日客流高峰。 作为串联南京"文商旅"资源密集片区的关键线路，5号线在改变沿线交通出行格局的同时，正有力带动 沿线文化、旅游与商业融合发展，成为激活"文商旅"的重要催化剂。记者周末走访沿线文旅景区、商场 及交通节点，记录下这条新线路带来的变化。 串联文旅景区，众多市民游客"跟着地铁游南京" 地铁5号线沿途串起了不少重点景区和文旅街区，车站内部也洋溢着浓郁的"南京味道"。自8月6日正式 开通运营以来，迅速"出圈"，成为市民游客青睐的打卡点，也带动了沿线景区的客流和消费。 "六朝古都名不虚传！"8月9日下午，记者在地铁5号线夫子庙站内，看到了不少拖着行李箱的外地游 客。站台内别出心裁的景观设计，吸引他们举起手机开始了"拍拍拍"模式。 低头是千年古道，抬头是江南风情。众多游客惊叹，在地铁站 ...

Core Viewpoint - The company anticipates a decline in revenue and net profit for the first half of 2025 compared to the same period in 2024, primarily due to macroeconomic factors and changes in industry policies [1] Revenue Forecast - The company expects revenue for the first half of 2025 to be between approximately RMB 3.385 billion and RMB 3.803 billion, representing a decrease of about 9% to 19% compared to approximately RMB 4.179 billion in the first half of 2024 [1] Net Profit Forecast - The projected net profit for the first half of 2025 is expected to be between approximately RMB 219 million and RMB 256 million, which indicates a decline of about 31% to 41% from approximately RMB 371 million in the first half of 2024 [1] Reasons for Decline - The board attributes the decline in revenue and net profit to several factors: 1. Reduced conversion rate of new rail construction projects due to macroeconomic conditions [1] 2. Adjustments in government policies affecting the number of approved urban rail transit lines, leading to a decrease in the scale of the company's design business [1] 3. The Chongqing Yuxi West Line construction project has entered the operational phase, resulting in a corresponding decrease in construction revenue [1]

Core Points - Guangzhou Metro Line 13 Phase II will open the segment from Yuzhu to Tianhe Park this year, with a total length of 8.3 kilometers and 98% of construction completed [1] - The line connects five major administrative districts and will enhance the east-west transportation backbone of the city, alleviating pressure on Line 5 and improving accessibility to the city center [1] - During the trial operation, the peak train interval will be reduced to approximately 6 minutes, significantly improving service frequency [1]

Core Viewpoint - The launch of the cloud bus in Jinan's High-tech East District aims to enhance urban transportation, addressing the existing gaps in rail transit and providing a new travel option for citizens [1][2]. Group 1: Project Overview - The cloud bus will undergo a three-month trial run starting August 7, with full operation expected by early December [1]. - The total length of the cloud bus line is 30.55 kilometers, featuring 32 stations, designed to connect key industrial areas and improve transportation efficiency [1]. - The cloud bus operates on an automated driverless system, utilizing a unique U-shaped track beam and lateral guiding rubber wheels, which enhances safety and adaptability to complex terrains [1]. Group 2: Construction and Implementation - The Jinan Rail Transit Group is focused on accelerating the cloud bus project through standardized construction practices and innovative techniques, achieving a record of 11,500 tons of track beam erected in a month [2]. - The construction timeline from the first pile drilling on December 23, 2023, to the completion of civil works by May 19, 2025, is set to be completed in just 17 months [2]. - Environmental considerations were prioritized, with a reduction of approximately 23,000 square meters in construction barriers and minimal disruption to over 600 mature trees [2]. Group 3: Connectivity and Impact - Once operational, the cloud bus will integrate seamlessly with the upcoming metro lines 4 and 8, significantly enhancing regional connectivity [3]. - Initial operations will utilize two-car trains, each capable of carrying about 140 passengers, with a maximum speed of 80 kilometers per hour, addressing congestion issues in public transport [3]. - The project is expected to facilitate better commuting for residents and employees across industrial parks, promoting deeper integration of urban and industrial development in the High-tech East District [3].

云巴采用全自动无人驾驶系统运行，特点显著：独特的U型轨道梁与横向导向胶轮设计，不仅防滑、防侧翻，最小转弯半径15米，轻松适应复杂地形；车辆 搭载永磁同步电机与能量回收系统，显著降低能耗；胶轮走行配合主动降噪技术，行驶噪音得到有效控制。同时，车体嵌入轨道梁，增强抗风能力，快速逃 生通道为乘客安全增添保障。 济南轨道交通集团以"项目提升年"为总牵引，认真落实"四抓四提升"工作要求，强化各类要素保障，推动云巴项目建设不断提速增效。建设过程中，联合参 建单位编制4部标准化施工手册，提升工程标准化施工和质量管控水平；创新应用防落梁锚杆定位卡具，创下单月最快架设轨道梁约11500吨的纪录。自2023 年12月23日全线首桩开钻，至2025年5月19日土建全面完工，仅用17个月。施工期间践行"少围一米是一米"、"少移一棵是一棵"理念，全线累计缩减围挡面 积约2.3万平方米，最快区段40天完成施工并还路于民；通过优化设计方案以及精细化确定绿化迁移范围等措施，全线避让树龄20年以上法桐600余株，减少 绿化带各类苗木迁移数量，最大限度降低对城市生态的影响。 齐鲁晚报·齐鲁壹点 季明智 8月7日，济南高新东区云巴正式启动为期3个 ...

Core Points - By the end of 2024, Beijing will have 29 operational subway lines, totaling 879 kilometers in length and featuring 522 stations, including 98 transfer stations [1] - The first subway line, Line 1, was opened on October 1, 1969, and the network has expanded significantly over the past 55 years [1][2] - The 3rd and 12th subway lines are set to open on December 15, 2024, marking the addition of the 28th and 29th lines to the network [1][30][31] - The 18th line, a result of the expansion of Line 13, is expected to open by the end of this year, bringing the total to 30 lines [1] Summary by Line - **Line 1**: Opened on October 1, 1969, initially not open to the public until January 15, 1971, and officially operational on September 15, 1981 [2] - **Line 2**: Opened on September 20, 1984, as the first circular subway line in China [3] - **Line 13**: Opened its western section on September 28, 2002, and the eastern section on January 28, 2003 [4] - **Line 5**: Fully operational since October 7, 2007, serving as a major north-south transit line [6] - **Line 10**: Opened on July 19, 2008, and is currently the busiest line in the system [7] - **Capital Airport Line**: Opened on July 19, 2008, connecting the city to the international airport [9] - **Line 8**: Opened to the public on October 9, 2008, after initially serving the Olympics [10] - **Line 4**: Opened on September 28, 2009, and is operated by the MTR Corporation [11] - **Daxing Line**: Opened on December 30, 2010, and connects with Line 4 [12] - **Yizhuang Line**: Opened on December 30, 2010, with further extensions in subsequent years [13] - **Fangshan Line**: Opened its first section on December 30, 2010, with additional sections opened in later years [14] - **Changping Line**: Opened on December 30, 2010, and has seen multiple extensions since [15] - **Line 15**: Opened its first section on December 30, 2010, with further expansions in 2011 and 2014 [16] - **Line 9**: Opened its southern section on December 31, 2011, with further extensions in subsequent years [17] - **Line 6**: Opened on December 30, 2012, with additional sections opened in 2014 and 2018 [18] - **Line 14**: Opened its western section on May 5, 2013, with further expansions in the following years [19] - **Line 7**: Opened on December 28, 2014, and has been extended to serve new areas [20] - **Line 16**: Opened its northern section on December 31, 2016, with ongoing expansions planned [21] - **Xijiao Line**: Opened on December 30, 2017, connecting various parks and attractions [22] - **S1 Line**: Opened its first section on December 30, 2017, and completed the remaining section in 2021 [23] - **Yanqing Line**: Opened on December 30, 2017, as the first fully automated subway line in China [24] - **Daxing Airport Line**: Opened on September 26, 2019, serving the new airport [25] - **Yizhuang T1 Line**: Opened on December 31, 2020, with separate ticketing [26] - **Line 17**: Opened its southern section on December 31, 2021, with plans for full connectivity by 2025 [27] - **Line 19**: Opened its first section on December 31, 2021, with additional stations opened in July 2022 [28] - **Line 11**: Opened its western section on December 31, 2021, with further sections planned for December 2023 [29] - **Line 3**: Scheduled to open on December 15, 2024, completing its first phase [30] - **Line 12**: Also set to open on December 15, 2024, primarily running along the North Third Ring Road [31]

Core Insights - The official renaming of the 13A line to the 18 line marks the completion of Beijing's subway network, which now includes lines 1 to 19, enhancing urban connectivity and transportation efficiency [2][3] Group 1: Historical Development - The Beijing subway began construction on July 1, 1965, with the first line opening for trial operation in January 1971, initially serving a daily passenger flow of only tens of thousands [2] - Over the years, the subway network has expanded significantly, with key milestones including the opening of the 2nd line in 2002, the 5th line in 2007, and the operational mileage surpassing 600 kilometers by the end of 2017 [2] - As of now, the total operational mileage exceeds 800 kilometers, with over 400 stations and a daily passenger volume exceeding 11 million, placing it among the world's leading subway systems [2] Group 2: Institutional Support and Planning - The success of the Beijing subway is attributed to strong institutional execution, which is crucial for overcoming the complexities of construction in a megacity [3] - The city has maintained a consistent and forward-looking approach to subway planning and construction, exemplified by the foresight in station designs that facilitate future expansions [3] - The integration of various payment methods, including paper tickets, transit cards, and QR codes, enhances user convenience and accessibility for both residents and tourists [3] Group 3: Economic and Social Impact - A well-developed transportation network is fundamental to the economic and social development of a city, significantly impacting residents' quality of life and the city's image [3] - The Beijing subway has become the preferred commuting method for residents and a popular choice for tourists visiting the city, reflecting its importance in urban mobility [3][4]

证券代码：600834 证券简称：申通地铁 编号：临2025-030 上海申通地铁股份有限公司 关于诉讼执行进展的公告 立案执行，案号为（2025）沪0115执20515号。 二、诉讼执行进展 公司 支付剩余股权回购款7,127,397.26元；（2）被执行人上实商业 保理有限公司立即将上海申通地铁股份有限公司持有的上实商 业保理有限公司27.5%的股权变更登记至上实融资租赁有限公司 名下；（3）被执行人上实融资租赁有限公司向申请执行人加倍 支付延迟履行期间的债务利息（以7,127,397.26元为基数，按 日万分之一点七五计算，计算至实际支付日。） 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 为维护公司权益，公司于2024年3月13日向上海市浦东新区 人民法院（以下简称"浦东法院"）提起诉讼，详见公司关于 诉讼事项的公告（编号：临2024-011）。 实保理作为本案第三人并增加诉讼请求。2024年12月31日，公 司收到浦东法院电子送达的（2024）沪0115民初35273号《民事 判决书》，一审判决支持 ...