12月18日，福建高速涨5.17%，截至发稿，报4.27元/股，成交3.73亿元，换手率3.29%，总市值117.19亿 元。 东方红中证东方红红利低波动指数A（012708）成立日期2021年12月30日，最新规模32.76亿。今年以来 收益2.61%，同类排名3921/4197；近一年收益4.68%，同类排名3633/4143；成立以来收益47.13%。 资料显示，福建发展高速公路股份有限公司位于福建省福州市仓山区城门镇林浦路367号林浦广场5号楼 8-9层，成立日期1999年6月28日，上市日期2001年2月9日，公司主营业务涉及高速公路的投资、建设、 开发、收费、养护和经营管理。主营业务收入构成为：福泉高速公路53.63%，泉厦高速公路40.56%， 罗宁高速公路4.65%，其他(补充)1.16%。 从福建高速十大流通股东角度 数据显示，东证资管旗下1只基金位居福建高速十大流通股东。东方红中证东方红红利低波动指数A （012708）三季度减持49.76万股，持有股数1475.88万股，占流通股的比例为0.54%。根据测算，今日 浮盈赚取约309.93万元。 高原累计任职时间2年193天，现任基金资产总 ...

Core Viewpoint - Fujian Expressway experienced a 5.18% increase in stock price, reaching 4.06 CNY per share, with a trading volume of 307 million CNY and a market capitalization of 11.142 billion CNY [1] Company Overview - Fujian Development Expressway Co., Ltd. is located in Fuzhou, Fujian Province, and was established on June 28, 1999, with its listing date on February 9, 2001 [1] - The company's main business involves investment, construction, development, toll collection, maintenance, and management of expressways [1] - Revenue composition includes: 53.63% from Fuquan Expressway, 40.56% from Quanzhou-Xiamen Expressway, 4.65% from Roning Expressway, and 1.16% from other sources [1] Fund Holdings - Huayin Fund Management has a fund that heavily invests in Fujian Expressway, specifically the Beixin Ruifeng Ping An China Theme Flexible Allocation Fund (001154), which held 105,800 shares as of the third quarter, unchanged from the previous period [2] - This fund's holdings represent 3.5% of its net asset value, ranking as the sixth largest holding [2] - The fund has achieved a year-to-date return of 14.72%, ranking 4955 out of 8122 in its category, and a one-year return of 16.2%, ranking 4618 out of 8056 [2] Fund Manager Information - The fund manager for Beixin Ruifeng Ping An China Theme Flexible Allocation Fund (001154) is Wang Yuque, who has been in the position for 1 year and 321 days [3] - The total asset size of the fund is 25.6218 million CNY, with the best return during Wang's tenure being 34.73% and the worst being 7.53% [3]

Core Viewpoint - Fujian Expressway (600033.SH) is enhancing its external investment strategy by participating in a capital increase project for Haixia Insurance, aiming to leverage its cash flow advantages for sustainable development [1][5]. Investment Plan - Fujian Expressway plans to invest 180 million yuan in Haixia Insurance's 2025 capital increase project, which totals 1 billion yuan [1][2]. - After the capital increase, Fujian Expressway will maintain an 18% stake in Haixia Insurance, making it the second-largest shareholder [1][3]. Financial Performance - For the first three quarters of 2025, Fujian Expressway reported revenue of 2.298 billion yuan, a year-on-year increase of 1.3%, and a net profit attributable to shareholders of 822 million yuan, up 3.58% [1][5]. - The company plans to distribute a cash dividend of 0.5 yuan per share, totaling 137 million yuan, which represents 16.70% of its net profit for the same period [1][6]. Shareholder Structure Post-Investment - Following the capital increase, Fujian Provincial Investment Development Group will increase its stake in Haixia Insurance from 20% to 55.49%, while Fujian Shipbuilding Industry Group will maintain its 10% stake [3]. Operational Context - Fujian Expressway operates 282 kilometers of toll roads and has invested in various financial institutions, contributing positively to its long-term sustainable development [5][6]. - The company has achieved an investment income of 49.12 million yuan in the first nine months of 2025, reflecting a year-on-year growth of 23.63% [6]. Financial Stability - As of September 2025, Fujian Expressway's total assets amounted to 17.593 billion yuan, with a low debt-to-asset ratio of 14.01% [7].

Group 1 - Fujian Expressway Co., Ltd. experienced a stock price increase of 5.03%, reaching 3.76 CNY per share, with a trading volume of 163 million CNY and a turnover rate of 1.63%, resulting in a total market capitalization of 10.319 billion CNY [1] - The company, established on June 28, 1999, and listed on February 9, 2001, focuses on the investment, construction, development, toll collection, maintenance, and management of expressways [1] - The main revenue sources for the company are: Fuquan Expressway (53.63%), Quanzhou-Xiamen Expressway (40.56%), Roning Expressway (4.65%), and other supplementary sources (1.16%) [1] Group 2 - Northbound Xinyi Fund has a significant holding in Fujian Expressway, with the Northbound Xinyi Ping An China Theme Flexible Allocation Fund (001154) holding 105,800 shares, unchanged from the previous period, accounting for 3.5% of the fund's net value [2] - The fund, established on May 5, 2015, has a latest scale of 10.1707 million CNY, with a year-to-date return of 14.23%, ranking 5287 out of 8150 in its category, and a one-year return of 14.91%, ranking 5111 out of 8043 [2] - The fund manager, Wang Yuque, has been in position for 1 year and 293 days, with total fund assets of 25.6218 million CNY, achieving a best return of 35.08% and a worst return of 9.22% during the tenure [3]