8月4日晚间，西藏天路发布公告披露了一项重要的股权处置交易。公司通过集中竞价交易系统累计出售中国电建2500万股，成交金额达到1.84亿元。这笔交 易扣除成本和相关税费后，为公司带来约4575.01万元的投资净收益。交易完成后，西藏天路仍持有中国电建4177万股。此次股权处置占公司最近一个会计 年度经审计归属于上市公司股东净利润的43.87%，对公司2025年净利润将产生积极影响。 定增入股的历史背景 西藏天路董事会在2024年10月9日审议通过了授权董事长择机出售公司交易性金融资产的议案。这项授权为期12个月，使公司能够根据市场情况灵活处置证 券投资。在近10个月的时间里，公司累计出售了2500万股中国电建股票，平均成交价约为7.35元/股。 从财务角度来看，这笔交易对西藏天路具有重要意义。本次减持成交金额1.84亿元，占公司最近一个会计年度归母净资产的4.78%。考虑到西藏天路2024年 净利润为亏损1.04亿元，公司预计2025年上半年归母净利润亏损7700万元至1.15亿元，此次获得的4575.01万元投资收益将对改善公司财务状况发挥积极作 用。西藏天路成立于1999年3月，2001年1月在上交所主板 ...

Group 1 - Tibet Tianlu (600326) reduced its stake in China Power Construction (601669) and achieved a net investment gain of 45.75 million yuan [2] - Since July, both Tibet Tianlu and China Power Construction have seen significant stock price increases, with Tibet Tianlu rising by 104% and China Power Construction by 33% [2][4] - The sale involved 25 million shares of China Power Construction, generating a total transaction amount of 184 million yuan, excluding transaction fees [2] Group 2 - The average transaction price for the shares sold by Tibet Tianlu was 7.35 yuan per share, while the average price over the past 20 trading days was 6.84 yuan per share [2] - The transaction amount represented 4.78% of Tibet Tianlu's most recent annual net assets, and the net profit impact for the current period is approximately 45.75 million yuan [2][3] - Tibet Tianlu's main securities investment project is its stake in China Power Construction, which was initially acquired at 6.44 yuan per share [3] Group 3 - The reduction in stake is part of Tibet Tianlu's strategy to further integrate its asset structure and focus on its core business [3] - The infrastructure sector is expected to benefit from large-scale projects such as hydropower stations and cross-sea bridges, which are anticipated to boost demand for construction materials [4] - Various institutions are optimistic about the potential of major infrastructure projects during the 14th Five-Year Plan period, with significant investments planned in regions like the Greater Bay Area and the Yangtze River Delta [4]