债券简称：21 天健 Y1 债券代码：149739.SZ 债券简称：23 天健 Y1 债券代码：148245.SZ 深圳市天健（集团）股份有限公司 发行人 深圳市天健（集团）股份有限公司 （深圳市福田区莲花街道紫荆社区红荔路 7019 号天健商务大厦 19 楼） 债券受托管理人 重点声明 根据《公司债券发行与交易管理办法》、 《公司债券受托管理人执业行为准则》、 《深圳市天健（集团）股份有限公司 2021 年面向专业投资者公开发行可续期公 司债券之受托管理协议》、《深圳市天健（集团）股份有限公司 2021 年面向专业 投资者公开发行可续期公司债券（第一期）募集说明书》、《深圳市天健（集团） 股份有限公司 2023 年面向专业投资者公开发行可续期公司债券（第一期）募集 说明书》等相关规定和约定，国信证券股份有限公司（以下简称"国信证券"）作 为受托管理人，以公开信息披露文件、发行人出具的相关说明文件以及第三方中 介机构出具的专业意见等为信息来源，编制本定期受托管理事务报告。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜作出独立判断，而不应将本报告中的任何内容据以作为国信证券所作的承诺 ...

6月仲夏，万物丰茂。广袤农田上，"三夏"生产进入关键阶段；绿水青山间，低碳发展不断绘就新图景；全力稳就业，政府、企业与高校同频 共振；高温"烤"验下，做好各项保障工作……上半年收官之月，各地各部门统筹推进稳增长、促改革、惠民生举措，推动经济社会沿着高质量 发展之路稳步前行。 观察之一：不负农时，打好夏收攻坚战 6月24日早上7点，中央储备粮滁州直属库有限公司天长库区的门前已经有货车等待售粮。 天长库区是今年首次启用的新建粮库，库区负责人刘高说："6月23日起，这里正式收购托市小麦，两天时间已经收了超360吨。" 随着今年全国"三夏"小麦大规模机收基本结束，目前夏粮收购正在抓紧推进。 夏粮丰收是全年粮食生产关键一仗。6月以来，全国"三夏"工作高效推进。在安徽，6月5日麦收就基本结束，较往年提前3天；在山东德州，新 型收割机抢收小麦，将粮食损耗控制在1%以内；在河南，大规模机收从开始到结束历时22天，8500多万亩小麦顺利完成收割，保持了夏粮产 量总体稳定…… "大胃王"联合收割机快速行进，梯田稻麦收割机爬坡上岭，北斗辅助装备精准作业……今年"三夏"时节，各式各样农业"黑科技"精彩呈现。 农业农村部最新数据显示， ...

Core Viewpoint - Chengdu High-tech Investment Group Co., Ltd. received an "AAA" rating for its 2022 third phase medium-term notes, indicating strong financial stability and operational capacity [1][2]. Group 1: Company Overview - The company remains the most important entity for park construction and operation in the Chengdu High-tech Zone, maintaining a significant regional specialization advantage [2]. - Chengdu, as a national central city, has a favorable external development environment, with its economic and fiscal strength expected to continue to enhance in 2024 [2]. Group 2: Financial Performance - The company experienced substantial revenue growth in its electronic information segment due to the acquisition of a stake in Sichuan Huakun Zhenyu Intelligent Technology Co., Ltd. [2]. - Main business revenues are derived from park operations, construction, electronic information, and merchandise sales [2]. - The overall rental and sales situation of completed parks is satisfactory, but it is sensitive to the real estate market's performance [2]. Group 3: Business Risks and Challenges - The construction business is concentrated in the Chengdu High-tech Zone, with a significant reduction in new contract amounts in 2024 [2]. - The electronic information segment's sales revenue is large, but its profitability is low, contributing minimally to overall profits [2]. - The company faces substantial funding pressure due to large-scale investment in development projects [2]. Group 4: Investment Strategy - The company engages in strategic investments in major industrial projects and advantageous enterprises within the Chengdu High-tech Zone through equity direct investment and fund investment [2]. - Investment income is a crucial component of the company's profits, but investment risks must be monitored [2]. Group 5: Asset and Debt Management - The company's asset structure is balanced, with significant holdings in cash, equity, debt investments, and park-related projects [2]. - There is a rapid increase in debt levels, leading to a heavy overall debt burden, with a high proportion of short-term debt [2]. - The company has received substantial capital and asset injections from shareholders, leading to continuous growth in owner equity [2].

本次交付的17栋安置房位于花都区金谷南路以东、花都大道以北的机场三期保良北（第一批）安置区， 项目由中能建筑集团承建，总建筑面积超25万平方米。项目高品质配建了社区商业、市政道路等生活设 施，充分考虑居民生活需求与区域发展潜力，形成了打造功能完善、环境优美的现代化宜居家园。 南都讯 记者魏凯 在白云机场三期工程配套安置区开建五周年之际，周边涉及搬迁村民再度迎来一批安 置房的交付。6月28日，广州机场建设投资集团（简称"广州机建投"）一次交付了17栋1516套安置房， 至此整个机场三期安置区项目累计完成投资超880亿元，封顶621栋、移交151栋安置房。 今年恰好是白云机场三期工程配套安置区开建五周年。五年前的今天，机场三期安置区启动区早于主体 工程开工建设，该项目不仅是广东省在建规模最大的安置区项目，更是关乎万千群众切身利益的重大民 生工程。在广州市委市政府的领导下，市住建局和广州机建投与白云区、花都区政府紧密协同，共同规 划了15个安置区，形成了"竣工一批、移交一批、入住一批"的良性循环。截至目前，机场三期安置区项 目累计完成投资超880亿元，封顶621栋、移交151栋安置房，今年将实现安置房全面封顶。 在 ...

Core Viewpoint - Guangdong is focusing on safety risk management and prevention, with 2025 designated as the "Hidden Danger Investigation and Governance Year" to enhance safety measures across various industries [1][11]. Summary by Sections Safety Risk Management - Guangdong has implemented a comprehensive approach to safety risk management, emphasizing prevention, problem orientation, and social participation [1]. - From January to May, the province saw a 20.4% decrease in accident occurrences and a 13.2% reduction in fatalities compared to the previous year [1]. Key Industry Focus - The province is particularly targeting electric bicycles and related safety issues, addressing 286,378 violations of unsafe charging practices [2]. - A total of 49,779 buildings were inspected for compliance with electric bicycle charging safety standards, with 2,569 buildings modified to meet safety conditions [2]. Gas Safety Management - In the gas sector, 297,100 locations were inspected, identifying 35,900 safety hazards, particularly in restaurants [3]. - The province has established a safety guideline system for hazardous chemicals, consisting of one main guideline and eight key points to enhance operational safety [3]. Comprehensive Safety Inspections - Inspections in construction, mining, and transportation sectors have been intensified, with 83,400 municipal engineering projects checked and 185,900 safety hazards rectified [4]. Community Involvement - The province has encouraged public participation in safety reporting, receiving 12,083 reports and distributing rewards totaling 2.5753 million yuan [6]. - A new internal reporting reward system has been established, with 255,000 businesses participating and reporting 126,000 safety hazards [6]. Expert Support and Technology Integration - An initiative called "Ten Thousand Experts to the Grassroots" has deployed approximately 21,300 experts to assist 15,800 enterprises in safety management [7]. - The launch of an online safety consultation platform aims to connect businesses with experts for real-time guidance on safety issues [7]. Advanced Monitoring Systems - Guangdong has integrated AI technology into safety monitoring, with 607 key enterprises connected to a safety risk monitoring and early warning system [8][9]. - The province has installed smart video monitoring devices in over 360,000 vehicles to enhance safety oversight [9]. Quality Control Measures - The province is enforcing strict quality control in manufacturing and management, with 24,600 gas appliance manufacturers inspected and 20,000 electric bicycles confiscated for safety violations [10]. - A comprehensive regulatory system for construction quality has been established, leading to the suspension of 19 construction companies' safety licenses [10]. Future Directions - Moving forward, Guangdong will continue to strengthen safety measures, focusing on grassroots inspections and expert support to mitigate major safety risks [11].

智能建造创新周技术交流会 杭州亚运三馆 南宋德寿宫遗址博物馆 当"传统"与"数字"碰撞，建筑行业正经历一场"变革"——从设计到施工、从生产到运维，"智能建造"如 同一把"万能钥匙"，打开了建筑业更广阔的发展空间。这几天，由杭州市建筑业协会主办的"2025杭州 市智能建造创新周"正如火如荼地进行中，众多建设领域的"黑科技"集中亮相，展现杭州智能建造全产 业链实力。 此次创新周专门设置了科普观摩、现场观摩及技术交流等环节，邀请产业界、高校界、科技界的专家分 享前沿技术与实践经验，共商智能建造高质量发展的更多可能性，为杭州建筑业"工业化、数字化、绿 色化"转型升级注入满满"科技含量"。 人机协同 "机器人"大显身手 观摩现场的"机器人展示区"是此次创新周最"热闹"的地方，几十个建筑机器人排列成方阵，尽显杭州智 能建造的"十八般武艺"—— 智能建造创新周科普观摩现场机器人展示区 智能线机器臂自动焊接 智能线自动组立机 只需通过手柄或平板电脑进行操作，就能指挥整平机器人自主完成大面积混凝土整平作业，激光系统能 实时控制标高，振动板高频振捣提浆，确保平整度偏差控制在3毫米以内；用于大面积混凝土收面抹光 的机器人，收到远程 ...

二〇二五年六月二十五日 东方金诚债跟踪评字【2025】0339 号 信用评级报告声明 为正确理解和使用东方金诚国际信用评估有限公司（以下简称"东方金诚"）出具的信用 评级 报告（以下简称"本报告"），声明如下： 的关联关系，本次项目评级人员与评级对象之间亦不存在任何影响本次评级行为独立、 客观、 公正的关联关系。 勤勉尽责和诚信义务，有充分理由保证本次评级遵循了真实、客观、公正的原则。 和第三方组织或个人的干预和影响。 准确性、完整性均由资料提供方和/或发布方负责，东方金诚按照相关性、可靠性、及时 性的原 则对评级信息进行合理审慎的核查分析，但不对资料提供方和/或发布方提供的信息合法 信用等级通知书 东方金诚债跟踪评字【2025】0339 号 浙江省建设投资集团股份有限公司： 东方金诚国际信用评估有限公司根据跟踪评级安排对贵公司及"23 浙建 Y1"、"24 浙建 Y1"的信用状况进行了跟踪评级，经信用评 级委员会评定，此次跟踪评级维持贵公司主体信用等级为 AA+，评 级展望为稳定，同时维持"23 浙建 Y1"、"24 浙建 Y1"的信用等 级为 AA+。 东方金诚国际信用评估有限公司 信评委主任 性、真 实 ...

Core Viewpoint - The credit rating of Zhejiang Construction Investment Group Co., Ltd. is maintained at AA+ with a stable outlook, reflecting its strong competitive position in the construction sector within Zhejiang Province and improved operational cash flow in 2024 [4][6]. Financial Overview - Total assets for the company are projected to be 1,216.50 billion yuan in 2023, with a slight decrease to 1,164.94 billion yuan by the first quarter of 2025 [7]. - The total liabilities are expected to be 1,114.79 billion yuan in 2023, decreasing to 1,067.09 billion yuan by the first quarter of 2025 [7]. - The net profit is forecasted to decline from 12.09 billion yuan in 2022 to 2.78 billion yuan in the first quarter of 2025 [7]. - The operating revenue is expected to decrease from 985.35 billion yuan in 2022 to 201.82 billion yuan in the first quarter of 2025 [7]. Business Performance - The company maintains a strong competitive advantage in the construction sector, with a leading position in Zhejiang Province [6][4]. - New contract amounts in the construction sector are projected to decline, with a focus on monitoring future contract acquisition [6][4]. - The company has a significant amount of ongoing projects, with an uncompleted contract amount of 1,179.02 billion yuan as of March 2025 [16]. Risk Factors - The construction sector is facing challenges due to a decline in new contract amounts and ongoing litigation risks, particularly in Algeria [6][17]. - Financial leverage remains high, necessitating improvements in capital structure [6][4]. - The company is experiencing pressure on profitability due to market conditions and substantial impairment provisions [6][24]. Industry Context - The construction industry is currently in a bottom cycle, with the real estate sector's downturn impacting demand [10][11]. - Infrastructure investment is expected to provide some support to the construction market, but overall growth in the industry remains uncertain [10][11]. - The company is adjusting its business structure to mitigate risks associated with the real estate market and is expanding into municipal and transportation projects [16][10].

XSJ!1!2025060142!08-02!218525 公开发行 可转换 公司 债券 资产 负债 率［ 权益 资本 与刚性 债 务比率【 」 流动 比率 ［ 现金 比率 【 利息 保障倍 数「 倍］ 净资产 收益 率［ 经 营性 现金 净流入 量与 流动 负债 比率 ［ 非 筹 资 性现 金 净 流 入 量 与 负 债 总 额 比率 ［ %］ 年 度 发 行人本 次评 级模 型分析 表 与模 商企 业评 级方法 与 模型 建筑 施 行业 结果 业务 风险 财务 风险 初始 信用 级别 合计 调整 子 级数 量 个体 信用 其中 ① 调 整 因素 ④ 其他 因素 个 体信 用级 别 外部 支持 支持 因 素 主 体信 用级 别 调整 因素 (0) 无 支持 因素 (0) 无 注 个体 信用级 别 跟踪 期内 公 司 基 本 消除 相 关事件 产生 的 不利 彩响 公 司个体信 用级 别 由 调 整至 外 部支持 外 部 支 持 提 升 子级 为 在 该 公 司 个 体 信 用 级 别 墓 础 卜实 际 使 用 的 外 部 支 持 力 度 相关评级技术文件及研究资料 相关技术文件与研究资料名称 链接 《新世纪 ...

在济南洪楼商圈核心区，这座高约50米，占地约2.5个足球场大小的"巨型抱枕"格外醒目。经了解，原来这座白色巨型"穹顶"的内 部正在建设一个大型的商业综合体，因为施工位置与学校、居民区和历史建筑仅一路之隔，为了减少施工过程中产生的尘土、噪音对 周边居民、建筑的影响，施工单位就启用了这个"巨型抱枕"，它的专业名称叫"气承式基坑气膜"。可别小看这气膜，它就像是施工现 场的"绿色防护罩"，能够阻隔90%的扬尘、降低80%的施工噪音，还能防风抗雨雪，即使在雨季，施工也能照常推进。 那么，这座"黑科技"防护罩的内部是什么样的呢？ 央视网消息：近日，山东济南市历城区的一座白色巨型穹顶引发热议。这个形似"巨型抱枕"的装置究竟是做什么用的呢？让我们 跟随记者去现场一探究竟。 工地戴上了这个巨型"防护罩"固然可以阻挡噪音和扬尘，内部的施工安全如何保障呢？答案就藏在这个智能中枢和气膜使用的特 质材料中。 阻尘又降噪 气膜穹顶打造绿色施工新标杆 工作人员介绍，气膜内的控制系统会随时监测内部的气压、温度，通过4台大风量风机持续向内部送入新鲜空气进行换气，后续 展开大规模施工后将在气膜四周安装喷淋设施，控制气膜内的扬尘，气膜膜布采用的是 ...