齐鲁高速2025年度报告
2025年度報告 202062 20206227 202062 (i)(ii) 68.942 201563020201116 20251231 571 2023 – 2035 600350.SH38.93% (3) Qilu Expressway Company Limited (4) (1) (ACG, HKACG) (2) (ACG, HKACG) 31117 (3) 8A9 (1) (2) 5672 H 700042301 183171712-1716 www.qlecl.com 700042301 01576 24840 2025 17.6813.28 1032%15% ESG84034 2026 2026331 20 (i)(ii) 2,374,5927,021,82366.18%1515,115 1,716,8471,044,79664.32%1,289,026510,135152.68%427,821534,66119.98% 3.72113.71%7.955.5013.82%4.741.1020.91%0.8720241220 653,1485,975,30289.07% 4,5971,725166.49%3,249513533.37%1,3481,21211.2% 1,555,406819,1866,281,233740,59075.24%10.61%34.50%10.55%23.95 85,467107,46520.47% 100,514109,6928.37% 7 , 2 9 86 , 0 2 321.17% 1,945574238.85% 274,56972,843276.93%202412 923801 382,940484,58620.98% 653,1485,975,30289.07%1515,1155,743,46599.74%PPP 2025123110,953,6142024123110,608,789229,45420241231216,691 20251231(1)(2)63.21%2024123163.07% (1)=(2)=+ 2025123120251231(i)1,942,955(ii)717,43620251231 2025123167820241231672210,796230,855 8%16%10% 20251231 2,374,59266.18%1,716,84764.32%653,14889.07%517,92121.20%386,002498,3920.180.23 2025 20247.954.740.871,327,696.92525,439.25152.68%440,655.86550,700.6419.98% (2) 1.2024 202118[2021]3(JT/T489-2019)[2019]65 (i)201971ETC[2019]26ETC5%(ii)(iii)7(iv)(v)(vi)[2024]1ETC85 20241217[2024]64202412202026121920241217 653,1481515,115 4,59771 2026 VIP 2026 20251231 (a)(b)(c)(d)(e) • • • C.2.1 2025123115375 3.10(1)3.10(2)3.10A 11 5 (i)(ii)(iii)(iv)(v)(vi)(vii)(viii)(ix)(x)(xi) 3202412312025630 •2024•20242025•2024•2024•2025•2024•2025•2025•••20242025 (i)(ii)(iii)(iv)(v)(vi) 5 E.1.520251231 115512233333 D289 (i)(ii)(iii)(iv)(v)(vi) 5 (i)(ii)(iii)(iv)(v)(vi)(vii) 1202420252025 •4070 • • 2023 67825437.46%54980.97%30503050359413630 3.133.13 •••• C.5.9 14 2025121220251212202511252025111820251212 20251231 1.2.3. 1.2.3.4. 1. 2. 1.2.3.4. 1. 2. 2023519 3.2915 (10%)(10) 700042212+86 (531) 8720 7088 20251212202511252025111820251212 (1) 55 199372001520015200110200110200462004620151020151020208202082026320242202562025720258 1993720126 50 20145202262022620254005172025320254 1998720066 53 1994719991199912004102004102005320053200610200610201462014112016420255 201462016420153201672015920167 1994620049 (2) 55 201672016720195201952022600517202262019202220254 55 1993719976199762000112000112010720107201510201510201512201512201842018420208202082021620216201911 55 199182002112002112007102007102011520115202252022520236 1991620047 59 199812008120081201872018720261001965.SZ2026120223 43 2011720159060662015520213 46 20082010201012201842018420211005172021120246000096.SZ20254 2002620088 44 200872012909677201292019820198600350202042022112026120258 2004720087201711 (3) 63 19837199891998920191119982012520126201562015620191120191120233202212688161.SH202311000975.SZ20236 1983719857199021997720109 71 1994101997121998120039200310200511201222015112003112006120124201512005172005112012101919601919.SH201252014201111202193020031120056200912013301199201392016502039000039.SZ2019620226201712202312603565.SH201812 69 198792005720057200962005102008320096201442014420158601669.SH201582017320187 20114201352012201392012 198212002619951201312 70 199712000220002200192001920041200412007820078200962009720126201272016620141120171120236 19827 62 1997120121020133201512015120202202211202411000802025620251120236 19867200710 50 53 55 2011112018102018102025720257 19957 48 199922008120081201610201412202272016102019102017620208201862023520196202262019620227 2004620147 54 201742020220202202111000498.SZ202111202112 52 199672000420004200010200010200442004420053200532008820088202432024220243 1996719997 56 2007112017620176202032020320211220221 20057202252022620235 200572012620173 20235 102019 201020182024 (i)20049262034925(ii)20191231242040111520191231242043927 20241217[2024]642024122020261219 2,374,5927,021,82366.18%1,555,406819,1866,281,233740,59075.24%10.61%386,0022024498,392112,39022.55% 0.1820240.2321.74% 2025 202662620252026623202662620252026622430H183171712-171620266262025 2025 0.12240,000,0002025123120252025202678HHHH202520266262026762026782025202673430H183171712-1716 20268312025 20181229H[2008]897H200810%H10% 1 9 9 451 3[1994]020H2019112018H20% HHH H202673430H ••10%• 10%50% 60.0%70.0% 13 202512311,881,463 5% 14.53%6.06%748,965176,026 30% 5% 20251231 (1) (2) (3) (4) (i)(ii)(iii)(iv) (5) 202020302060 (ESG) 33 117 20,000 38.93%10%AA (1) 20251915149 65%35%33.39%30%A14A202519 (2) 2025314200MW/400MWh1.156.153.9 A14A2025314 (3) 202512185,000LPR3603 (1)(2)33.39%30%49%A20251218 (1) 201712122910,181,936.302017112034925201711203492540.956152.3102018203417201820333312.31020343311.686 20201126 (i)(ii)(iii) 20251231203412312034925 1231 202512312.31020252 (2) 20171212457126,427.5945201751203492517.44565.651558.0020182034173310.45 20201126 (i)(ii)(iii)(iv) 20251231203412312034925 202