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According to the AI Express of Every Economy, Minsheng Securities released a research report on September 4th, giving a recommendation rating for Beijing-Shanghai High-Speed Railway (601816.SH). The reasons for the rating mainly include: 1) The passenger transportation business of this line turned into positive growth in the first half of the year, with the turnover of cross-line trains staying the same year-on-year; 2) Debt repayment during the same period, interest expenses in the first half of 2025 decreased year-on-year, and the debt repayment process has slowed down somewhat; 3) Beijing-Fujian Anhui turned a loss for the first time in the first half of the year, with the opening of the Beijing-Hong Kong High-Speed Railway Xiongshan segment providing a supplement to passenger sources, paying attention to the follow-up profit contribution; 4) The company announced the first mid-term dividend distribution, with a payout ratio of 29.8%. (Daily Economic News)
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