河南中原高速公路股份有限公司 2022 年第一季度报告 单位：元 币种：人民币 证券代码：600020 证券简称：中原高速 河南中原高速公路股份有限公司 2022 年第一季度报告 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个别及连带责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人马沉重、主管会计工作负责人王铁军、彭武华及会计机构负责人（会计主管人员）冯 莉保证季度报告中财务报表信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | |-----------------------------------------------|----------------|-------------------------------------| | 项目 | 本报告期 | 本报告期比上年同期增减 变动幅度 (% ...

Financial Performance - In 2021, the company achieved operating revenue of 5.607 billion RMB, a year-on-year increase of 10.44%[35]. - The net profit attributable to shareholders was 743.47 million RMB, representing a significant year-on-year growth of 206.71%[35]. - The net profit attributable to shareholders after deducting non-recurring gains and losses reached 707.66 million RMB, up 388.67% year-on-year[35]. - The cash flow from operating activities amounted to 2.838 billion RMB, an increase of 24.98% compared to the previous year[1]. - The basic earnings per share were 0.2850 RMB, reflecting a 360.42% increase from the previous year[1]. - The weighted average return on equity rose to 6.17%, an increase of 4.83 percentage points year-on-year[1]. - The total profit reached 943 million RMB, up 228.31% year-on-year[69]. - Net profit amounted to 743 million RMB, reflecting a 202.84% increase from the previous year[69]. - The company's total assets as of December 31, 2021, were 46.817 billion RMB, a decrease of 1.39% from the previous year[72]. - The return on equity (ROE) for 2021 was 6.17%, an increase of 4.83 percentage points year-on-year[72]. Dividend and Capital Management - The company plans to distribute a cash dividend of 1.00 RMB per 10 shares, totaling 224,737,183.20 RMB based on the total share capital of 2,247,371,832 shares as of the end of 2021[6]. - The company does not plan to increase capital reserves to share capital for the year 2021[6]. - The company has a cash dividend policy, distributing 0.35 CNY per 10 shares, totaling 78,658,014.12 CNY for the 2020 fiscal year[190]. - The company increased the registered capital of its wholly-owned subsidiary, Junchen Real Estate, by RMB 500 million, bringing its total registered capital to RMB 1.5 billion[105]. - The company has a total loan balance of RMB 36.7162 billion under a loan agreement with a syndicate of banks, secured by toll operating rights[2]. Governance and Compliance - The company reported a standard unqualified audit opinion from Zhongqin Wanxin Certified Public Accountants[5]. - The board of directors has ensured the authenticity, accuracy, and completeness of the annual report[4]. - The company has not violated decision-making procedures for external guarantees[8]. - The company has confirmed that all directors attended the board meeting[5]. - The company has not faced any issues with more than half of the directors being unable to guarantee the authenticity of the annual report[8]. - The board of directors is composed of more than one-third independent directors, ensuring compliance with governance standards[139]. - The company has established governance measures to avoid conflicts of interest with its controlling shareholder, ensuring operational independence[146]. - The company has maintained a consistent attendance rate at its shareholder meetings, reflecting strong shareholder engagement[151][152][153]. - The company has successfully completed a self-inspection of corporate governance as required by regulatory authorities[199]. Risk Management - The company has detailed risk analysis and descriptions regarding potential risks in the management discussion and analysis section[8]. - The company faces risks from macroeconomic changes, which may introduce uncertainties in highway project operations due to evolving domestic and international economic conditions[128]. - Industry policy risks include increased operational costs from new policies like differentiated tolls and higher ETC usage, which may impact short-term performance[129]. - Financing risks are anticipated as the company enters a capital expenditure peak, potentially increasing financial costs due to high domestic bank loan rates[130]. - The ongoing COVID-19 pandemic continues to affect highway traffic volumes, making it difficult to reach pre-pandemic levels[133]. - The company is committed to maintaining a reasonable debt-to-asset ratio and improving funding efficiency to ensure financial stability[130]. Operational Highlights - The company reported a significant increase in toll service revenue, which reached 4.634 billion RMB, up 20.77% year-on-year[35]. - The company recovered 50.56 million CNY in toll fees by addressing 128,500 instances of fee evasion through AI technology and targeted governance actions[46]. - The company has accelerated the progress of key engineering projects, including the expansion of the G4 Beijing-Hong Kong-Macau Expressway and the Zhengzhou section of the Shangdeng Expressway[47]. - The company has diversified its operations, completing the transfer of all shares in Zhongyu Transportation Technology and acquiring the remaining equity in a highway real estate company[48]. - The company has implemented a comprehensive safety production responsibility system, achieving no major safety incidents throughout the year[51]. Employee and Management Structure - The total number of employees in the parent company is 3,016, with a combined total of 3,219 employees including major subsidiaries[186]. - The company has a total of 303 retired employees that incur costs for the parent company and major subsidiaries[186]. - The company has a total of 1,204 employees with a bachelor's degree and 101 employees with a graduate degree or higher[186]. - The total pre-tax remuneration for directors and senior management during the reporting period amounted to 599.79 million yuan[156]. - The chairman, Ma Chenrong, received a pre-tax remuneration of 556,300 yuan[156]. - The general manager, Wang Tiejun, received a pre-tax remuneration of 594,600 yuan[156]. Strategic Initiatives - The company emphasizes enhancing profitability by implementing measures to combat toll evasion and exploring new revenue models such as "toll + service area operations"[125]. - The company aims to optimize its multi-industry development by aligning with high-quality real estate and financial services, promoting synergy between different business sectors[127]. - The company is focused on implementing a new development philosophy to balance growth speed, quality, and risk management[120]. - The management team highlighted a focus on sustainability initiatives, aiming for a 50% reduction in carbon emissions by 2025[160]. - The company has established partnerships with three major universities to foster innovation and talent development in the transportation sector[160]. Future Outlook - The company expects to achieve a revenue of 10.967 billion RMB in 2022, with toll revenue projected at 5.073 billion RMB[124]. - The company has provided a performance guidance for 2022, expecting a revenue growth of 10% to 12%[160]. - The company plans to expand its market presence in the eastern region, targeting a 25% increase in market share by 2023[160]. - A strategic acquisition of a local technology firm is expected to be completed by Q2 2022, which will enhance the company's technological capabilities[160].

河南中原高速公路股份有限公司 2021 年第三季度报告 单位：元 币种：人民币 证券代码：600020 证券简称：中原高速 河南中原高速公路股份有限公司 2021 年第三季度报告 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个别及连带责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人马沉重、主管会计工作负责人王铁军、彭武华及会计机构负责人（会计主管人员） 冯莉保证季度报告中财务报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 本报告期 年初至报告期 | --- | --- | --- | --- | --- | |------------------------------------------------|------------------|------------------------------|------------- ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 3,022,923,799.38, representing a 51.04% increase compared to CNY 2,001,348,601.53 in the same period last year[20]. - The net profit attributable to shareholders of the listed company reached CNY 642,318,043.70, a significant turnaround from a loss of CNY 278,074,212.18 in the previous year, marking a 330.99% increase[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 611,210,998.97, compared to a loss of CNY 308,738,103.50 in the same period last year, reflecting a 297.97% increase[20]. - The net cash flow from operating activities was CNY 1,720,355,759.28, up 129.45% from CNY 749,789,297.00 in the previous year[20]. - Basic earnings per share reached 0.2631 yuan, compared to a loss of 0.1466 yuan in the same period last year, representing a growth of 279.47%[21]. - The weighted average return on equity increased to 5.69%, up 8.92 percentage points from -3.23% in the previous year[21]. - The net profit after deducting non-recurring gains was 611 million yuan, reflecting a year-on-year increase of 297.97%[36]. - The company reported a total of 14,504.14 million yuan in actual daily related transactions during the reporting period, with maintenance services and others accounting for 12,123.48 million yuan[149]. Assets and Liabilities - Total assets decreased slightly by 1.07% to CNY 46,967,839,094.92 from CNY 47,476,059,202.76 at the end of the previous year[20]. - The net assets attributable to shareholders of the listed company increased to CNY 12,357,456,301.13, a 4.04% rise from CNY 11,877,958,273.90 at the end of the previous year[20]. - The company's total equity increased to CNY 12,421,418,929.50, up from CNY 11,961,405,264.19, reflecting a growth of 3.84%[199]. - Total liabilities decreased to CNY 34,546,420,165.42, a reduction of 2.73% from CNY 35,514,653,938.57[199]. - Short-term borrowings significantly decreased to CNY 1,786,969,609.56, down 62.9% from CNY 4,810,534,310.72[197]. - The long-term borrowings increased to CNY 24,545,315,656.00, up 18.5% from CNY 20,681,840,749.00[197]. Operational Management - The company has not disclosed any plans for profit distribution or capital reserve conversion during this reporting period[7]. - The company has initiated a "100-day sword" campaign to combat toll evasion, enhancing its operational management and compliance[48]. - The company has successfully integrated resources by acquiring remaining shares of a highway real estate company, promoting synergistic development[69]. - The company reduced its operating costs by 10.68%, with total costs amounting to CNY 1.52 billion compared to CNY 1.70 billion last year[70]. Strategic Initiatives - The company plans to expand its highway network, with a goal of adding 3,750 kilometers by 2035, enhancing its strategic position in the national transportation network[28]. - The company maintains a diversified business strategy, including investments in banking, insurance, and real estate, alongside its core highway operations[29]. - The company is focused on rural revitalization and poverty alleviation, collaborating with local governments to enhance community development[130]. - The company has initiated a series of environmental improvement projects, including waste management and sanitation upgrades, to enhance the living environment in Wangzhuang Village[136]. Risk Management - The company has provided a detailed analysis of potential risks in the report, which investors are advised to review[8]. - The company is facing risks from macroeconomic changes, which could impact traffic flow and toll revenue due to economic downturns and the COVID-19 pandemic[104]. - The company is exposed to industry policy risks, particularly regarding toll fee regulations and the impact of "green channel" policies on revenue[105]. - The company is implementing measures to minimize the impact of the COVID-19 pandemic on traffic volume and revenue[106]. Corporate Governance - The company held its first extraordinary general meeting in 2021, with 61.0361% of shares represented, to elect new board members[111]. - The company elected a new board of directors and supervisory board members on March 10, 2021, including non-independent and independent directors[116]. - The company appointed Wang Tiejun as the chairman of the board and general manager, with a term until the end of the seventh board's tenure[117]. - The company has not reported any significant litigation or arbitration matters during the reporting period[146]. Related Party Transactions - The total amount of guarantees provided by the company, excluding those to subsidiaries, was 136,910.00 million RMB, which represents 11.02% of the company's net assets[164]. - The company provided 6,680,148.83 RMB in funding to related parties during the reporting period, indicating active financial engagement[157]. - The company’s financial transactions with related parties were primarily due to project settlements, with no significant impact on the company's operational results or financial status reported[157].

| --- | --- | --- | --- | |--------------|--------|----------------|--------------------| | | | | | | 证券代码： | 600020 | | 证券简称：中原高速 | | 公司债代码： | 143213 | 公司债简称：17 | 豫高速 | | 公司债代码： | 143495 | 公司债简称： | 18 豫高 01 | | 公司债代码： | 143560 | 公司债简称： | 18 豫高 02 | 公告编号：临 2021－030 河南中原高速公路股份有限公司 2021 年投资者网上集体接待日活动召开情况的公告 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个别及连带责任。 一、本次说明会召开情况 河南中原高速公路股份有限公司(以下简称"公司")于 2021 年 6 月 8 日（周 二）下午 14:30-17:30 参加了由河南证监局、河南上市公司协会主办、深圳市全 景网络有限公司协办的"真诚沟通 传递价值"河南辖区上市公司 2021 年投资 ...

1 证券代码：600020 证券简称：中原高速 公告编号：临 2021－028 公司债代码：143213 公司债简称：17 豫高速 公司债代码：143495 公司债简称：18 豫高 01 公司债代码：143560 公司债简称：18 豫高 02 河南中原高速公路股份有限公司 关于参加河南辖区上市公司 2021 年投资者网上集体接待日 活动的公告 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个别及连带责任。 为进一步加强与投资者的互动交流，河南中原高速公路股份有限公司(以下 简称"公司"或"本公司")定于 2021 年 6 月 8 日（周二）16:00-17:20 参加在 全景网举办的"真诚沟通 传递价值"河南辖区上市公司 2021 年投资者网上集体 接待日活动，本次活动将采用网络远程的方式举行，投资者可登陆"全景•路演 天下"（http://rs.p5w.net）参与本次互动交流。 出席本次网上集体接待日活动的人员有：公司副董事长、总经理王铁军先生、 总会计师彭武华先生、董事会秘书杨亚子女士，欢迎广大投资者积极参与。 特此公告。 河南中 ...

河南中原高速公路股份有限公司 2021 年第一季度报告 公司代码：600020 公司简称：中原高速 河南中原高速公路股份有限公司 HENAN ZHONGYUAN EXPRESSWAY COMPANY LIMITED 2021 年第一季度报告 2021 年 4 月 27 日 1 / 25 河南中原高速公路股份有限公司 2021 年第一季度报告 目录 | --- | --- | |-------|----------------| | | | | 一、 | 重要提示 . | | 二、 | 公司基本情况 . | | 11Í | 重要事项 . | | 四、 | 附录 . | 2 / 25 河南中原高速公路股份有限公司 2021 年第一季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人马沉重 、主管会计工作负责人王铁军、彭武华 及会计机构负责人（会计主 管人员）冯莉保证季度报告中财务报表的真实、准确、完整。 1.4 本公司 ...

Financial Performance - In 2020, the company's operating revenue was CNY 5,076,800,822.64, a decrease of 20.50% compared to CNY 6,386,265,797.93 in 2019[28] - The net profit attributable to shareholders was CNY 242,399,645.74, down 83.40% from CNY 1,460,148,730.75 in the previous year[28] - The net cash flow from operating activities was CNY 2,270,434,995.77, a decline of 29.84% compared to CNY 3,236,009,067.79 in 2019[28] - The total assets at the end of 2020 were CNY 47,476,059,202.76, a decrease of 2.74% from CNY 48,812,934,843.46 at the end of 2019[28] - The net assets attributable to shareholders were CNY 11,877,958,273.90, down 1.97% from CNY 12,116,879,871.15 in 2019[28] - Basic earnings per share decreased by 89.19% to CNY 0.0619 from CNY 0.5725 in 2019[29] - Total profit for the year was CNY 287 million, down 85.07% year-on-year, with net profit at CNY 245 million, a decline of 83.28%[56] - The company achieved operating revenue of CNY 5.08 billion in 2020, a decrease of 20.50% compared to the previous year[56] Revenue and Cost Analysis - Total operating revenue decreased by 20.32% to CNY 4,981,000,871.12, with a gross margin reduction of 23.21 percentage points[60] - Revenue from the transportation industry was CNY 3,836,764,682.54, down 29.14% year-on-year, with a gross margin decrease of 25.01 percentage points[60] - Real estate revenue increased by 70.16% to CNY 1,140,850,468.32, with a significant rise in operating costs by 188.81%[60] - The company incurred total costs of CNY 3,431,889,146.06, reflecting a 20.04% increase compared to the previous year[63] Cash Flow and Financing - The company’s cash flow from operating activities decreased by 29.84% to CNY 2.27 billion[57] - Cash received from investment activities increased by 346.77% to CNY 214,692,303.91, attributed to additional investments in joint ventures[69] - The company’s total liabilities increased significantly, with cash received from borrowings reaching CNY 12,715,959,650.00, up 108.23% year-on-year[72] - Short-term borrowings increased by 154.88% to ¥4,810,534,310.72, indicating a significant rise in financing activities[76] Dividend and Profit Distribution - The company plans to distribute a cash dividend of CNY 0.35 per 10 shares, totaling CNY 78,658,014.12[6] - In 2020, the company's cash dividend distribution was 0.58 RMB per 10 shares, totaling 130,347,566.26 RMB, representing 10.13% of the net profit attributable to ordinary shareholders[126] - The company has not proposed any cash dividend distribution plan despite having positive profits, which requires detailed disclosure of reasons and future plans for undistributed profits[129] Risk Management and Future Plans - The report includes a detailed analysis of potential risks faced by the company in its future development[8] - The company is facing risks from macroeconomic changes and industry policies, necessitating proactive risk management strategies[120] - The company plans to invest over RMB 400 billion to expand the highway network by adding more than 3,000 kilometers by the end of 2025, aiming to rank 4th in the country for total highway mileage[107] - The company aims to enhance its market competitiveness and risk resistance by implementing a "1+N" industrial model, focusing on both core highway operations and expanding into finance, investment, and real estate[111] Social Responsibility and Community Engagement - The company has established a targeted poverty alleviation plan, focusing on the Wangzhuang Village, with a leadership team dedicated to the initiative[181] - The company has received the Henan Province Poverty Alleviation Contribution Award for its efforts in poverty alleviation[190] - The company emphasizes the importance of social responsibility, with a detailed report on its 2020 social responsibility efforts available on the Shanghai Stock Exchange website[197] Technological and Operational Improvements - The company implemented a new technology for road surface maintenance, effectively addressing issues such as rutting and surface cracking[52] - The company is focused on high-quality development and aims to enhance its sustainable profitability and create value for shareholders[111] - The company is actively developing the "Safe Wangzhuang Smart Management Platform" to enhance grassroots governance and support rural revitalization through technology[196] Compliance and Governance - The actual controller and shareholders have made commitments regarding the independence of the company, ensuring no interference in its operations and management[133] - The company has committed to maintaining its independence in financial and operational matters, with strict adherence to market pricing principles in related transactions[133] - The company’s financial statements were adjusted to reflect the cumulative impact of the new revenue standard on retained earnings[143]

河南中原高速公路股份有限公司 2020 年第三季度报告 公司代码：600020 公司简称：中原高速 河南中原高速公路股份有限公司 HENAN ZHONGYUAN EXPRESSWAY COMPANY LIMITED 2020 年第三季度报告 2020 年 10 月 30 日 1 / 26 河南中原高速公路股份有限公司 2020 年第三季度报告 重要提示 . í 1 Í 公司基本情况 . 三、 重要事项 四、 附录 . 目录 2 / 26 河南中原高速公路股份有限公司 2020 年第三季度报告 单位：元 币种：人民币 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不 存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人马沉重、主管会计工作负责人王铁军、彭武华及会计机构负责人（会计主管人员） 冯莉保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | |--- ...

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 2,001,348,601.53, a decrease of 38.78% compared to CNY 3,269,350,264.36 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was a loss of CNY 278,074,212.18, representing a decline of 132.38% from a profit of CNY 858,766,971.14 in the previous year[20]. - The net cash flow from operating activities was CNY 749,789,297.00, down 62.67% from CNY 2,008,517,679.62 in the same period last year[20]. - Basic earnings per share were CNY -0.1466, a decrease of 143.35% compared to CNY 0.3382 in the same period last year[20]. - The total profit was -395 million RMB, a decline of 135.56% year-on-year[40]. - The net profit was -277 million RMB, down 132.06% compared to the previous year[40]. - The significant decline in revenue was primarily due to the policy of exempting vehicle tolls during the COVID-19 pandemic[40]. - The net profit after deducting non-recurring gains and losses was CNY -308,738,103.50, down 137.98% from CNY 812,875,960.91 in the previous year[20]. Assets and Liabilities - The net assets attributable to shareholders of the listed company decreased by 3.88% to CNY 11,647,234,941.54 from CNY 12,116,879,871.15 at the end of the previous year[20]. - The total assets decreased by 1.55% to CNY 48,054,423,463.31 from CNY 48,812,934,843.46 at the end of the previous year[20]. - The company's total equity decreased to RMB 11,730,718,826.68 from RMB 12,201,621,495.09, reflecting a decline of 3.9%[158]. - The total liabilities amounted to RMB 36,323,704,636.63, a decrease of 0.8% from RMB 36,611,313,348.37[158]. - Short-term loans increased by 107.22% to CNY 3,911,126,026.12, reflecting a significant rise in the company's borrowing[59]. - The company's asset-liability ratio increased to 75.59% from 75.00%, a rise of 0.59 percentage points compared to the previous year[143]. Revenue and Cost Management - The company implemented 36 measures to increase revenue, reduce costs, and improve efficiency across various business areas[41]. - Operating costs increased by 21.54% to ¥1,702,465,851.36 from ¥1,400,787,427.41 year-on-year[47]. - The company implemented cost-saving measures, including reducing training expenses and optimizing office supplies usage[45]. - The company is implementing cost-cutting measures to mitigate the financial impact of the pandemic[78]. Business Strategy and Operations - The company operates approximately 792 kilometers of expressways, with a focus on investment, construction, and management[34]. - The company has diversified its business strategy, including banking, trust, insurance, and real estate[34]. - As of May 6, 2020, the company resumed charging vehicle tolls, leading to a gradual recovery in toll revenue[40]. - The company is committed to maintaining service quality despite the toll-free policy during the pandemic[78]. Shareholder and Governance - The first extraordinary general meeting in 2020 was held on February 11, with 29 shareholders participating, representing 1,369,557,072 shares, accounting for 60.94% of the total share capital[83]. - The company has not proposed any profit distribution plan or capital reserve transfer to increase share capital for the reporting period[7]. - The company has committed to avoiding competition with its controlling shareholder, Henan Transportation Investment Group, ensuring no competing projects are developed[91]. - The company has adhered to its commitments regarding independence from its controlling shareholder, ensuring no interference in operations or management[91]. Social Responsibility and Community Engagement - The company maintained its commitment to social responsibility during the pandemic by ensuring the smooth transportation of essential goods[41]. - The company has established a poverty alleviation leadership group to support Wangzhuang Village, which has a population of 616 and has successfully lifted all registered impoverished households out of poverty[109]. - The company is committed to improving rural living conditions and infrastructure to support economic development in Wangzhuang Village[118]. Financial Reporting and Compliance - The company has not experienced any non-compliance issues with court judgments or significant debt defaults during the reporting period[96]. - The company has not reported any significant changes in the integrity status of its controlling shareholders or actual controllers during the reporting period[96]. - The company has not disclosed any new employee stock ownership plans or other incentive measures during the reporting period[97]. - The company has not made any changes to its accounting firm during the reporting period[94]. Future Outlook - The company plans to focus on expanding its market presence and enhancing operational efficiency in the upcoming quarters[167]. - The company is facing risks related to macroeconomic changes and industry policies due to the ongoing pandemic[75].