Longjian Road & Bridge Co., Ltd. Financial Update
Market Movements and Stock Performance
On July 23, 2025, Longjian Road & Bridge Co., Ltd. (600853) experienced significant market activity. The company saw a net outflow of major shareholders amounting to 1.46 billion CNY, with a slight increase in stock price by 0.25%. The net flow ratio stood at -3.41%, ranking 5132 out of 5150 in the market. Analysts from investment advisory firms noted the large negative net flow, suggesting a strong selling pressure from major shareholders. They advised investors to cautiously manage their positions in the short term due to the high turnover rate observed.
Project Updates
In recent developments, Longjian Road & Bridge Co., Ltd. clarified its involvement in major infrastructure projects. The company’s subsidiary, Longjian Road & Bridge Tibet Co., Ltd., has not yet been engaged in the Yarlung Tsangpo River hydropower station project. This was confirmed in response to investor inquiries, emphasizing the company’s current focus on other projects.
Debt Issuance and Market Strategy
On July 22, 2025, Longjian Road & Bridge Co., Ltd. announced the approval for issuing convertible corporate bonds, with plans to list them on the Shanghai Stock Exchange. The company aims to raise up to 10 billion CNY, which will be allocated to key projects such as the G1111 Heha Expressway and the expansion of the Dan-A Highway. This strategic move is intended to bolster the company’s financial position without altering its core business focus.
Sector Performance
The hydropower sector, particularly the Yarlung Tsangpo River project, saw a significant rise of 11.77% on July 22, 2025. This surge was driven by strong inflows from major shareholders into related stocks, with companies like China Railway Construction and Zhefu Group receiving substantial investments. Longjian Road & Bridge Co., Ltd. also benefited from this trend, with its stock price increasing by 6.32%.
Market Outlook
As of July 21, 2025, the Shanghai Composite Index closed above its six-month average, with a total turnover of 17271.35 billion CNY. Longjian Road & Bridge Co., Ltd. was among the 236 stocks that surpassed their six-month average, indicating a stable mid-term outlook for the company.
Company Overview
Longjian Road & Bridge Co., Ltd., listed on the Shanghai Stock Exchange, operates primarily in highway construction and maintenance, as well as bridge building. With a market capitalization of 3.63 billion CNY and a price-to-earnings ratio of 8.5936, the company remains a key player in the construction and engineering sector. The recent financial activities and strategic initiatives are expected to support its growth trajectory in the coming years.