6月25日，红利低波ETF（512890）涨超0.84%，最新价1.201元。换手率1.86%，成交额3.51亿。从资金 流向来看，近 5 个交易日红利低波 ETF（512890）资金净流入 8.45 亿元，近 20 个交易日净流入 15.25 亿元。此外，华泰柏瑞（518880）今年以来涨幅为 6.25%，其最新基金规模为 188.04 亿元，持续受到 资金青睐，稳居同类规模最大红利低波 ETF 的宝座（数据来源：Wind，截至 2025 年 6 月 24 日）。 | | R 512890 红利低波ETF | | | | --- | --- | --- | --- | | 委比 | 27.03% 李元 | | 30011 | | 卖五 | 1.205 | 9061 | | | 类园 | 1.204 | 6160 | | | 第二 | 1.203 | 24941 | | | | 1.202 | 336 | | | | 1.201 | 11 | | | 제재 | 1.200 | 2289 | | | | 1.199 | 23410 | | | | 1.198 | 31648 | | | 买四 | 1.197 | ...

Core Viewpoint - Xinjiang Beixin Road and Bridge Group Co., Ltd. maintains a long-term credit rating of AA with a stable outlook, reflecting its strong regional competitive advantage and solid project reserves despite facing challenges such as increased debt pressure and project profitability uncertainties [1][3][4]. Company Overview - The company is a state-controlled A-share listed road and bridge construction enterprise in Xinjiang, with comprehensive and high-level construction qualifications [3][4]. - As of the end of 2024, the company had total assets of 563.93 billion yuan and equity of 51.90 billion yuan, with a total revenue of 102.15 billion yuan and a net loss of 3.98 billion yuan [10][19]. Financial Performance - The company's total debt reached 378.02 billion yuan by the end of 2024, reflecting a 7.34% increase from the previous year, with a debt-to-asset ratio of 90.80% [6][10]. - The company reported a significant decline in profit, with a total profit of -3.98 billion yuan in 2024, primarily due to losses from the Guangyuan to Pingwu Expressway project [6][10][19]. Project and Contract Status - The company has a substantial project reserve, with an uncompleted contract amount of 362.71 billion yuan as of the end of 2024, primarily from government and state-owned enterprises [4][14]. - New contract amounts signed in 2024 were 201.95 billion yuan, with a notable decrease in contracts within Xinjiang but an increase in contracts outside the region [27] [14]. Debt and Financing - The company relies heavily on external financing, with its controlling shareholder providing guarantees amounting to 159.87 billion yuan, and has a total bank credit line of 580.90 billion yuan [19][20]. - The company faces risks related to the recovery of financing lease payments, with overdue amounts reaching 2.93 billion yuan by the end of 2024 [6][7]. Industry Context - The construction industry in Xinjiang is experiencing a downturn, with increased competition and a shift towards state-owned enterprises gaining market share [13]. - The company is positioned to benefit from government support and strategic initiatives like the Belt and Road Initiative, which may stabilize its operations [4][19].

Core Viewpoint - Chengdu Road and Bridge Engineering Co., Ltd. has appointed a new internal audit head, Wang Min, following the resignation of the previous head, Huang Tun [1][2]. Group 1: Appointment Details - The board of directors approved the appointment of Wang Min as the internal audit head during the 32nd meeting of the 7th board on June 17, 2025 [1]. - Wang Min's term will last until the end of the current board's tenure [1]. Group 2: Wang Min's Background - Wang Min, born in March 1984, is a senior engineer and first-class constructor with a bachelor's degree [1]. - He has held various positions within the company, including project manager and general manager of the project company [1]. - Wang Min does not hold any shares in the company and has no relationships with major shareholders or other executives [1].

证券代码：002628 证券简称：成都路桥 公告编号：2025-035 成都市路桥工程股份有限公司 关于召开 2025 年第一次临时股东大会的通知 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。 成都市路桥工程股份有限公司（以下简称"公司"）于 2025 年 6 月 17 日召开 第七届董事会第三十二次会议，审议通过了《关于召开 2025 年第一次临时股东大 会的议案》。现将本次股东大会的相关事项通知如下： 本次股东大会。本次股东大会的召开符合《中华人民共和国公司法》《深圳证券 交易所股票上市规则》等有关法律、行政法规、部门规章、规范性文件和《公司 章程》的规定。 （1）现场会议召开时间：2025 年 7 月 3 日（星期四）14:30。 （2）网络投票时间：2025 年 7 月 3 日。其中：通过深圳证券交易所（以下 简称"深交所"）交易系统进行网络投票的具体时间为 2025 年 7 月 3 日上午 的具体时间为 2025 年 7 月 3 日上午 9:15 至下午 3:00。 的方式召开。公司将通过深圳证券交易所交易系统和互联网投票系统 （http://wl ...

Core Viewpoint - The company has announced a cash dividend distribution plan, with a payout of 0.036 CNY per share, totaling approximately 47.84 million CNY, approved at the 2024 annual shareholders' meeting on May 15, 2025 [2][3]. Dividend Distribution Plan - The cash dividend of 0.036 CNY per share will be distributed based on a total share capital of 1,329,025,062 shares [3]. - The dividend distribution will be executed on June 25, 2025, with the record date set for June 24, 2025 [3][5]. Taxation on Dividends - For individual shareholders holding shares for over one year, the dividend income is exempt from personal income tax, resulting in a net payout of 0.036 CNY per share [4]. - For shares held for less than one year, the tax will be calculated upon transfer, with a maximum effective tax rate of 20% for holdings of one month or less [4]. - Qualified Foreign Institutional Investors (QFII) will receive a net dividend of 0.0324 CNY per share after a 10% withholding tax [6][8]. Distribution Method - The dividends will be distributed through the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the record date [3][4]. - Shareholders who have not completed designated trading will have their dividends held by the clearing company until the necessary trading is completed [3]. Contact Information - For inquiries, shareholders can contact the company's investment management department at 023-62803632 [8].

齐鲁晚报·齐鲁壹点记者于信用河北官网双公示信息栏了解到，6月13日，中交二公局（雄安）建设发展有限公司（下称"中交二公局雄安建发公司"）因"未 严格落实单位内部动火审批制度，施工现场未采取相应的消防安全措施，导致火灾事故发生"的违法事实，上榜处罚信息公示名单。 施工现场发生火灾，被罚1.175万元 行政处罚信息内容显示，位于容东片区红莲街的容东片区C组团安置房及配套设施项目景观及小市政标段二C高中雨水收集池施工现场发生火灾，中交二公 局雄安建发公司未严格落实单位内部动火审批制度，施工现场未采取相应的消防安全措施，导致火灾事故发生。火灾导致直接财产损失为8320元人民币，无 人员伤亡，违反了《河北省消防条例》第二十条第一款第二项之规定。 | 法人行政处罚信息 | | | --- | --- | | 中交二公局(雄安)建设发展有限公司 | 异议申诉 | | 企业各称 | 中公是中建筑以建立电线 面公司公司 | | 行政处罚决定书文号 | 即200฿(2025) 外代配过渠部 | | 外開樂别 罚款 | | | 处罚决定日期 | 2025-06-13 | | 处罚内容 | 位于客东片区红莲街的容东片区C组团安置启及 ...

Core Viewpoint - The proposal regarding the compensation plan for the board of directors and senior management of Chengdu Road and Bridge (SZ002628) was not approved at the shareholders' meeting due to some shareholders defaulting on their votes, which were considered as abstentions [1][2]. Group 1: Shareholder Voting and Abstentions - The proposal will be resubmitted for approval at the shareholders' meeting after it was not passed in the previous meeting on May 7, 2024 [2]. - A significant portion of the votes were classified as abstentions, with 155,835,678 shares (approximately 90.91%) defaulting due to non-voting, primarily attributed to the largest shareholder, Sichuan Hongyi Jiahua Industrial Co., Ltd. [3][4]. - The total number of shares held by the largest shareholder, Hongyi Jiahua, is 117,767,762, which contributed to the default abstentions [4][6]. Group 2: Compensation Details - In 2023, the total compensation for the board of directors and senior management was 7.71 million yuan, slightly lower than the 7.84 million yuan in 2024 [8][9]. - The chairman's salary in 2023 was 1.15 million yuan, while in 2024, the chairman's salary increased to 925,700 yuan [8][9]. - The company reported a decline in both revenue and net profit in the previous year, with net profit being a loss [10]. Group 3: Governance and Compliance - The company emphasized the importance of timely determination of the compensation plan to ensure orderly governance processes and effective execution of company strategy [10]. - The resubmission of the proposal is a necessary step to comply with regulations and to facilitate further communication with shareholders regarding the compensation plan [10].

Core Viewpoint - The article emphasizes the importance of safety management in high-altitude operations and T-beam erection for the Yuyao Economic Development Zone's infrastructure project, highlighting the measures taken to ensure efficient and safe construction progress [2][3]. Group 1: Safety Management Measures - The project team has implemented a crisis awareness approach, focusing on high-altitude operations and T-beam erection, to enhance on-site hazard identification and management [2]. - Safety personnel are closely monitoring high-altitude work, ensuring that workers are equipped with safety harnesses and are following safety protocols during tasks such as rebar tying and concrete pouring [3]. - The project department conducts comprehensive checks on special equipment and operator certifications, ensuring all personnel are qualified and all equipment is properly documented [3]. Group 2: Technology and Training - The project employs a grid management system and advanced AI monitoring devices to strengthen safety measures, including a "pre-shift ten minutes" safety briefing [3]. - Regular training sessions are organized for workers to cover safety knowledge, operational steps, and critical points to prevent accidents [3][5]. - The project utilizes a safety code platform and a safety guardian system for video monitoring of hazardous work areas, enhancing the visibility and precision of safety management [4]. Group 3: Progress and Achievements - As of now, 292 T-beams have been erected, with a focus on maintaining safety and efficiency throughout the process [4]. - The project has achieved 92% completion in the prefabrication of various beam types, laying a solid foundation for subsequent bridge deck construction [6]. - The construction team is committed to ensuring high-quality project delivery through rigorous safety management practices [7].

Core Viewpoint - The dividend performance of listed companies in Sichuan has shown significant improvement, characterized by increased dividend payout ratios, stable dividend amounts, and the gradual establishment of a normalized dividend mechanism, enhancing investment value [1][2]. Group 1: Dividend Payout Ratio - The annual dividend payout ratio for Sichuan-listed companies reached 50.28%, an increase of 7.02 percentage points from the previous year. Approximately 40% of the 43 companies had a payout ratio exceeding 50%, indicating a strong commitment to shareholder returns [1]. Group 2: Stability of Dividend Amounts - Despite some companies facing performance pressures, 105 Sichuan-listed companies announced a total cash dividend of 57.766 billion yuan in 2024, maintaining the same level as the previous year, even with a decrease in profitable companies. Notably, some companies with negative net profits still distributed dividends, reflecting their focus on investor relations [1]. Group 3: Leading Role of Major Companies - In 2024, seven Sichuan-listed companies distributed dividends exceeding 1 billion yuan each, collectively contributing about 43 billion yuan, which accounts for 74% of the total dividend amount [2]. Group 4: Performance of Newly Listed Companies - Over 60% of the 20 newly listed companies in the past three years introduced cash dividend plans for 2024, with an average payout ratio exceeding 50%. Six of these companies executed multiple dividend distributions within the year [2]. Group 5: Normalized Dividend Mechanism - A total of 27 companies increased their frequency of dividend payments by 285% year-on-year, with over 12 billion yuan distributed before the Spring Festival. Additionally, 61 companies have maintained continuous dividends for five years, and 53 companies have disclosed long-term return plans or sought shareholder approval for mid-term dividend strategies [2].

截至2025年6月13日收盘，成都路桥（002628）报收于4.15元，较上周的4.33元下跌4.16%。本周，成都 路桥6月10日盘中最高价报4.39元。6月13日盘中最低价报4.14元。成都路桥当前最新总市值31.42亿元， 在基础建设板块市值排名30/46，在两市A股市值排名4096/5150。 本周关注点 公司公告汇总 成都市路桥工程股份有限公司于2025年4月8日召开第七届董事会第二十九次会议，审议通过了关于2025 年度预计对外担保额度的议案，同意公司为合并报表范围内子公司提供担保，担保额度合计不超过10亿 元，有效期自2024年年度股东大会通过之日起至2025年年度股东大会召开之日止。公司为全资子公司成 都蜀都高级路面有限责任公司向兴业银行股份有限公司成都分行申请200万元人民币的授信额度提供保 证担保，担保本金金额为200万元人民币，担保方式为本息全额连带责任保证担保，担保期限为一年。 成都市路桥工程股份有限公司第七届董事会第三十一次会议以通讯表决方式召开，会议审议通过《关于 公司信托理财处置的议案》，董事会同意授权公司经营管理层在折让额度内参加受益人大会表决，并配 合中铁信托办理债权重组相关 ...