证券代码：600853 证券简称：龙建股份 编号：2025-054 龙建路桥股份有限公司 关于子公司涉及诉讼结果公告 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: ? 本公告是对公司已披露的编号为"2023-033" "2023-054" "2023-060""2023-094" "2024-013""2024-032""2024-041""2024-075""2025-021""2025-045" 号临时公告的后续进展公告。 桥第五工程有限公司（以下简称五公司、申请执行人）向吉林省吉林市昌邑区人民 法院对吉林省长城路桥建工有限责任公司（以下简称长城路桥公司）提起诉讼。 （详 情请见公司于 2023 年 4 月 4 日在上海证券交易所披露的"2023-033"号临时公告） 吉 0202 民初 1195 号民事判决书。 （详情请见公司于 2023 年 6 月 14 日在上海证券交 易所披露的"2023-054"号临时公告） 诉。 （详情请见公司于 2023 年 7 月 26 日在上海证券交易所披露的"2023- ...

Core Viewpoint - The recent disclosures from *ST Zhengping reveal significant governance issues, including misuse of funds, undisclosed guarantees, and internal control failures, raising concerns about the company's financial health and operational integrity [2][3][4]. Group 1: Financial Mismanagement - The company’s subsidiary, Guizhou Water Conservancy, has been used as a "cash machine," with non-operational fund occupation amounting to 13.21 million yuan, primarily for repaying high-interest private loans and daily expenses [2]. - A guarantee of 35 million yuan was provided by a controlling shareholder for an affiliated company without any formal approval process, highlighting a lack of corporate governance [2]. - The company has delayed the repayment of 190 million yuan raised for a project, citing various issues, which raises liquidity concerns [2]. Group 2: Audit and Legal Issues - The audit firm, Dahua CPA, issued a qualified opinion due to significant discrepancies in revenue and costs, with 2024 revenue reported at 1.362 billion yuan (down 28.53% year-on-year) and costs at 1.434 billion yuan (down 23.47% year-on-year), indicating potential revenue recognition fraud [3]. - The company faces a growing number of lawsuits, with 208 cases involving a total of 139 million yuan, yet it has not accounted for any expected liabilities, raising questions about the completeness of its financial obligations [3]. Group 3: Internal Control Failures - Despite claims of establishing an internal control team and revising policies, frequent turnover in key positions and unauthorized guarantees by the controlling shareholder indicate a lack of effective governance [4]. - The company’s stock has been marked as "*ST" due to ongoing concerns about internal controls and the uncertainty of continued operations, with overdue funds and unrecouped amounts further exacerbating the situation [4].

Core Insights - The government of Gabon has initiated a project to improve transportation conditions in Oyem, enhancing trade with Equatorial Guinea and Cameroon, with China Communications Construction Company (CCCC) winning the contract [6][12][13] Group 1: Project Overview - The Oyem project includes the construction of two major roads and a 90-meter bridge, with a total length of 36 kilometers for the Oyem-Asok-Mizang road, significantly reducing travel time from 2 hours to 30 minutes [12] - The project is part of a strategic initiative emphasized by Gabon's President, aimed at improving regional connectivity and infrastructure [12][13] Group 2: Economic Impact - The project is expected to enhance logistics networks, lower transportation costs, and open new trade routes for agricultural and mineral resources, thereby improving the income levels and living standards of local residents [12][15] - Over 500 jobs have been created locally, with more than 120 technical personnel trained, contributing to skill development in the region [15] Group 3: Community Response - Local residents express optimism about the project, noting that improved roads will encourage people to return to their villages, revitalizing the community [15] - The project has fostered a positive perception of Chinese companies in Gabon, with local workers appreciating the skills gained through collaboration [13][15]

Core Viewpoint - The company has completed the repurchase and cancellation of 8,559,700 shares, which represents 0.55% of the total share capital, resulting in a reduction of total share capital from 1,560,998,809 shares to 1,552,439,109 shares [1][3][4]. Summary by Sections Repurchase and Cancellation Details - The company approved the share repurchase plan on April 28, 2025, and May 19, 2025, allowing for the repurchase of A-shares using self-owned funds or loans through centralized bidding [1][8]. - As of June 20, 2025, the company repurchased a total of 8,559,700 shares at an average price of 5.85 CNY per share, with a total transaction amount of approximately 50.09 million CNY [2][8]. Impact on Share Capital - Following the cancellation of the repurchased shares, the total share capital decreased to 1,552,439,109 shares, maintaining compliance with listing conditions and not affecting the company's control [3][4]. Convertible Bond Price Adjustment - The repurchase and cancellation of shares will lead to an adjustment in the conversion price of the company's convertible bonds, increasing from 7.80 CNY to 7.81 CNY per share, effective from July 4, 2025 [6][9]. - The adjustment is based on the formula outlined in the bond issuance prospectus, reflecting the impact of the share repurchase on the bondholders' rights [9].

Group 1 - The company has completed the cancellation of 8,559,700 shares, which accounts for 0.55% of the total share capital before cancellation, reducing the total share capital from 1,560,998,809 shares to 1,552,439,109 shares [1][2] - The share repurchase was approved during the board meeting on April 28, 2025, and the annual general meeting on May 19, 2025, allowing the company to repurchase shares using its own funds or borrowed funds through centralized bidding [1][2] - The repurchase was executed within the specified period, with a total of 8,559,700 shares repurchased at a maximum price of 5.93 yuan per share and a minimum price of 5.76 yuan per share, with an average transaction price [2] Group 2 - The cancellation of shares has been completed in accordance with relevant laws and regulations, and the company has fulfilled the necessary procedures with the China Securities Depository and Clearing Corporation [2] - Following the cancellation, the structure of the company's share capital has changed, with the number of restricted shares decreasing from 103,094,245 shares to 0 shares, and the number of unrestricted shares decreasing from 1,457,904,564 shares to 1,449,344,864 shares [2] - The cancellation of shares is not expected to have a significant impact on the company's ongoing operations, future development, profitability, or debt repayment capacity, and will not affect the company's listing status or control [2][4] Group 3 - The completion of the share cancellation will lead to an adjustment in the conversion price of the company's convertible bonds, as per the relevant regulations [3][4] - The company will proceed with the necessary changes in business registration and company bylaws following the completion of the share cancellation [4]

Core Viewpoint - The company, Longjian Road and Bridge Co., Ltd., is involved in a legal dispute regarding a construction subcontracting contract, with a settlement reached through mediation that does not impact the company's current or future profits [1][2][3]. Summary by Sections Litigation Details - The case is being heard at the People's Court of Kangbao County, Hebei Province, with the plaintiff being Zhongtai Lu'an Traffic Engineering Co., Ltd. and the defendants being Longjian Road and Bridge Co., Ltd. and the Zhangjiakou Management Office of the Erqin Expressway [1]. - The total amount involved in the dispute is 17,512,743.25 yuan, which includes various fees such as case acceptance fee and preservation fee [2][3]. Mediation Agreement - A civil mediation agreement was reached, confirming that Longjian Road and Bridge Co., Ltd. will pay the total amount in three installments, with an initial payment of 5 million yuan already made [1][2]. - The remaining payments are due by June 10, 2026, and the plaintiff has the right to claim overdue interest based on the LPR (Loan Prime Rate) from April 3, 2025, until actual payment [1][2]. Financial Impact - The lawsuit is stated to have no impact on the company's current or future profits, and the company will continue to fulfill its information disclosure obligations as the case progresses [2][3].

Core Viewpoint - Sichuan Road and Bridge Construction Group Co., Ltd. announced the implementation of its 2024 annual profit distribution plan, which includes a cash dividend of 0.377 CNY per share, totaling approximately 3.28 billion CNY in cash dividends to shareholders [2][4][20]. Profit Distribution Details - The cash dividend of 0.377 CNY per share (including tax) was approved at the annual shareholders' meeting on May 13, 2025 [2][20]. - The total number of shares for the distribution is based on the company's total share capital of 8,710,039,485 shares [4]. - The cumulative cash dividends for 2024, including the mid-year distribution, amount to approximately 3.61 billion CNY, representing 50.02% of the net profit attributable to shareholders for the year [4]. Implementation Method - Cash dividends will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to all shareholders registered by the end of the trading day on the equity registration date [6][10]. - Shareholders who have not completed designated transactions will have their dividends held by the clearing company until the transactions are completed [6]. Taxation Information - Individual shareholders holding shares for over one year are exempt from personal income tax on dividends, while those holding for one year or less will have taxes calculated upon the sale of shares [10]. - For qualified foreign institutional investors (QFII), a 10% corporate income tax will be withheld, resulting in a net dividend of approximately 0.3393 CNY per share [11]. Share Buyback Plan Adjustment - The company adjusted the maximum buyback price from 12.54 CNY to 12.16 CNY per share, effective from July 11, 2025, following the approval of the cash dividend distribution [19][20]. - The total buyback amount is set between 100 million CNY and 200 million CNY, with the expected number of shares to be repurchased ranging from approximately 8.22 million to 16.45 million shares [20][21].

Core Points - Sichuan Road and Bridge Construction Group Co., Ltd. announced a cash dividend of 0.377 CNY per share (including tax) for its A shares [1][2] - The total cash dividend distribution amounts to approximately 3.28 billion CNY, based on a total share capital of 8,710,039,485 shares [2][3] - The dividend distribution plan was approved at the annual shareholders' meeting held on May 13, 2025 [2][3] Dividend Distribution Details - The record date for the cash dividend is July 10, 2025, with the last trading day and ex-dividend date both on July 11, 2025 [2][3] - The total cash dividends distributed for the year 2024, including the mid-year dividend, will be approximately 3.61 billion CNY, representing 50.02% of the net profit attributable to shareholders for the year [2][3] - The cash dividends will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch [3][4] Taxation Information - Individual shareholders holding shares for more than one year will be exempt from personal income tax on the dividend income, effectively receiving the full 0.377 CNY per share [4][5] - For individual shareholders holding shares for one year or less, the tax will be calculated upon the transfer of shares, with a potential effective tax rate of 20% for holdings of one month or less [4][5] - Qualified Foreign Institutional Investors (QFII) will have a 10% withholding tax applied, resulting in a net dividend of approximately 0.3393 CNY per share for Hong Kong investors [5]

回购股份价格上限的公告 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： ●调整前回购价格上限：不超过12.54元/股（含） ●调整后回购价格上限：不超过12.16元/股（含） 证券代码：600039 证券简称：四川路桥 公告编号：2025-072 四川路桥建设集团股份有限公司 关于实施2024年年度权益分派后调整 一、 回购股份方案的基本情况 根据公司第八届董事会第五十五次会议对本次回购股份事项的相关决议内 容，若公司在回购期限内发生资本公积转增股本、派送股票或现金红利等除权 除息事项，自公司股价除权除息之日起，相应调整回购价格上限，回购股份数 量和占公司总股本的比例相应变化。故本次回购股份价格上限自2025年7月11日 起，由人民币12.54元/股（含）调整为人民币12.16元/股（含），具体调整计算 如下： 调整后的回购股份价格上限=（调整前的回购股份价格上限-每股现金红利） ÷（1+流通股份变动比例）。 根据公司2024年年度股东会审议通过的利润分配方案，本次仅进行现金红 利分配，不进行资本公积转增股本等 ...

Group 1 - The core issue involves Chongqing Road and Bridge's obligation to pay over 40 million yuan in taxes related to a 4.72 billion yuan repurchase contract from 2020, as notified by the local tax authority [1] - The company is required to pay value-added tax of 26.72 million yuan, urban maintenance and construction tax of 1.87 million yuan, education fee surcharge of 800,000 yuan, and local education fee surcharge of 530,000 yuan, along with penalties [1] - Additionally, the company must correct its corporate income tax declaration and pay 10.98 million yuan in corporate income tax and penalties due to non-compliance with standards for encouraged income in the 2020 Western Development revenue [1] Group 2 - Chongqing Road and Bridge has experienced a continuous decline in revenue for six consecutive years from 2019 to 2024, with net profit showing fluctuations [2] - In the 2024 annual report, the company reported a revenue of 113 million yuan, a decrease of 3.2%, and a net profit of 157 million yuan, a decrease of 25.5% [1] - The company's Q1 2025 report shows a revenue of 28.16 million yuan, a slight decrease of 0.2%, while net profit increased significantly by 1319.0% to 55.41 million yuan [2]