（於百慕達註冊成立之有限公司） （股份代號：00152） 董事名單與角色和職能 自 2025 年 11 月 28 日起，深圳國際控股有限公司董事會（「董事 會」）成員載列如下： 執行董事 李海濤 （主席） 劉征宇 （總裁） 王沛航 劉秀麗 非執行董事 蔡曉平 獨立非執行董事 潘朝金 曾 志 王國文 丁春艷 各董事會成員於董事會轄下委員會中所擔任的職位載列如下： | | | | | | | | | | | | 董事委員會 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 成員 | 主席 | 成員 | | | | | | | 委員會 | 審核 | | 成員 | | | 主席 | | | 成員 | | | | 委員會 | 提名 | | | 成員 | | 主席 | 成員 | | | | | | 委員會 | 薪酬與考核 | | 丁春艷 成員 | 王國文 | 曾 志 成員 | 潘朝金 | 蔡曉平 | 劉秀麗 | 王沛航 成員 | 劉征宇 主席 | 李海濤 | 董事 | 委員會 | 可持續發展 | 2025 年 1 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 劉 女 士 已 與 本 公 司 訂 立 董 事 服 務 合 同 ， 自 2025年 11月 28日起計為期 3 年，惟其需根據本公司的《組織章程大綱及公司細則》於本公司下屆 股東週年大會上退任並膺選連任。根據與 劉 女士訂立的服務合同， 劉 女 士 的 董 事 酬 金 由 每 年 的 基 本 薪 酬 人 民 幣 500,000元 及 酌 情 花 紅 構 成 （董事會將會每年檢討）， 此乃董事會根據本公司之薪酬與考核委員 會之建議，經考慮其經驗及於本公司之職責後釐定。 除上文所披露者外，於本公告日期， 劉 女士並無於本集團擔任或曾擔 任 任 何 職 位 及 於 過 往 3年 並 無 於 其 他 上 市 公 司 擔 任 或 曾 擔 任 任 何 董 事 職務，概無與本公司之任何董事、高級管理人員、主要股東及 ╱或控 股股東（定義見香港聯 合交易所有限公司證券上市規則（「上市規則 」）） 有任何關係。 （ 於 ...

1、 組織架構 1.1 提名委員會（「委員會」）是深圳國際控股有限公司（「本公司」）董事 會（「董事會」）轄下的委員會，由董事會授權代其履行載於下文職權 範圍的事宜。 深圳國際控股有限公司 董事會提名委員會 職權範圍書 2、 組成 3、 委員會主席 3.1 委員會主席必須為本公司董事會主席或獨立非執行董事，由委員互選 後再經董事會委任。所有會議應由委員會主席主持，若委員會主席缺 席任何會議，出席會議之委員可以推選另一名委員主持該委員會會 議。 3.2 委員會主席應出席股東週年大會回答股東有關委員會事務的諮詢。 4、 匯報程序及會議次數 - 1/4 - 2.1 委員會須由最少三位委員組成，其中獨立非執行董事應當佔多數，且 至少一位委員為不同性別。 2.2 委員會委員均由董事會經考慮委員會的建議後委任、更替及罷免。 2.3 僅委員會委員有權出席會議，但委員會可在適當情況下邀請其他董事 會成員、高級管理人員或其他部門代表出席會議。外聘顧問亦可被邀 請出席委員會會議。 4.1 委員會秘書由委員會委任、更替及罷免，原則上由人力資源部部門負 責人擔任。 4.2 任何委員可透過委員會秘書召開委員會會議。委員會每年應召開最少 ...

Investment Rating - The investment rating for the transportation industry is "Positive" (maintained) [4] Core Views - The express delivery industry is experiencing resilient demand, with a "de-involution" trend driving up express prices, enhancing corporate profit elasticity, and creating favorable competition opportunities in the medium to long term [15] - The shipping market is expected to benefit from the OPEC+ production increase cycle and the Federal Reserve's interest rate cuts, with a notable improvement in the oil transportation market's outlook for Q4 2025 [15] - The shipping market is anticipated to recover, supported by environmental regulations limiting the operation of older fleets and the upcoming production of the West Manganese iron ore by the end of 2025 [15] Summary by Sections Express Logistics - In October 2025, the express delivery industry achieved a business volume of 17.6 billion pieces, a year-on-year increase of 7.9%, with revenue reaching 131.67 billion yuan, up 4.7% year-on-year [4][24] - Major players like YTO, Shentong, and Yunda showed varied growth rates, with YTO's volume increasing by 12.78% and Shentong by 3.97%, while Yunda's volume decreased by 5.11% [4][30] - The industry is transitioning towards high-quality development, with significant improvements in single-ticket revenue due to price increases driven by the de-involution trend [4] Shipping and Ports - VLCC freight rates reached a new high of $136,843 per day, the highest since Q2 2020, driven by tight available capacity and stable inquiry rhythms [8] - The Capesize bulk carrier spot freight rates surpassed $30,000 per day, reflecting a 20% increase over the past week, supported by seasonal demand recovery and strong import demand from China [8] - The BDI index increased by 7.1% to 2225 points, indicating a robust recovery in the bulk shipping market [9] Aviation - In October 2025, civil aviation transported approximately 68 million passengers, a year-on-year increase of 5.8%, and cargo/mail transport reached 917,000 tons, up 13.3% [58] - The overall passenger load factor for major airlines was 86.88%, showing a slight increase from the previous month [62] Road and Rail - From November 10 to November 16, 2025, national freight logistics operated smoothly, with rail freight reaching 81.8 million tons, a 0.17% increase week-on-week [14] - In October 2025, road freight volume was 3.706 billion tons, a year-on-year increase of 0.08% [64] Supply Chain Logistics - The logistics landscape is evolving, with companies like Shenzhen International expected to benefit from the transformation of logistics parks, providing performance elasticity [15] - The industry is witnessing a slowdown in competition, with companies like Debang and Aneng Logistics showing significant profit improvements due to strategic transformations [15]

Group 1 - The 19th Shenzhen International Financial Expo will be held from November 19 to 21, focusing on financial services for the real economy, technological innovation, and green finance [1] - The expo will feature a "Government Investment Guidance Fund and Professional Financial and Tax Services Exhibition Area," organized by various financial institutions and associations in Shenzhen [1][2] - The exhibition area will include specialized sections such as the "Shenzhen Government Investment Guidance Fund Special Exhibition Area" and will host activities like consulting services, industry-finance matchmaking, thematic presentations, and roundtable forums [2] Group 2 - The "Shenzhen Government Investment Guidance Fund Special Exhibition Area" will showcase various investment funds and financial plans, including the '20+8' industrial fund area and the Shenzhen financing guarantee fund [2] - A total of 29 companies funded by the Shenzhen Guidance Fund will be highlighted, including cloud leopard intelligence, Leju robotics, and others [2]

Core Insights - The 19th Shenzhen International Financial Expo showcased significant growth, attracting 47,400 attendees from 25 countries, marking a 58% increase in visitor numbers compared to the previous year [1] - The expo featured over 50 thematic events and announced 18 new industry policies and product results, with a total of 33 financing project roadshows, achieving an intended financing amount of 1.055 billion yuan [1][6] Industry Participation - A total of 288 institutions participated in the expo, representing a diverse range of sectors including banking, insurance, securities, private equity, and fintech, reflecting an 80% year-on-year increase [3] - Major financial institutions such as China Bank, Agricultural Bank, and HSBC showcased their latest products and services, highlighting the expo's growing influence in the financial sector [3] Financial Technology Highlights - Over 30 fintech companies, including WeBank and Kingdee Technology, presented cutting-edge technologies and innovations, with Huawei collaborating with 12 partners to demonstrate advanced financial ICT infrastructure [4] - The introduction of a "Government Guidance Fund Special Exhibition Area" aimed to create new pathways for industry-finance integration [4] Policy and Innovation - The expo's theme, "New Heights in Industrial Finance, Empowering the Future with Science and Technology," emphasized Shenzhen's commitment to high-quality industrial financial development [5] - Key policy announcements included the Shenzhen Financial Management Bureau's action plan for building a global fintech center and various initiatives in cross-border finance and green bonds [5] Investment and Financing Activities - The integration of various industry funds and associations facilitated 33 financing project roadshows, resulting in an intended financing amount of 1.055 billion yuan, showcasing Shenzhen's approach to industry-finance synergy [6] - The expo served as a platform for deepening the integration of finance with the real economy, promoting international cooperation and showcasing financial development achievements [6]

Group 1 - The "International Model Competition" recently held in Shenzhen faced controversy after the wrong contestant was awarded the Guangdong championship trophy and certificate, leading to public outcry [1][3] - The organizing committee clarified that the contestant who received the award was actually the champion of the "Mrs. Group," and the true winner of the Guangdong female model category was contestant number 37 [3] - The event was promoted with claims of high-profile endorsements, including the president of Bentley Holding Group, which has no actual connection to the luxury car brand Bentley [3][5] Group 2 - The competition was organized by the "International Model Competition Organizing Committee" in collaboration with four companies, including Shenzhen Yue'an Gas Engineering Co., Ltd. and Shenzhen Zixuan Life Boutique Technology Co., Ltd., among others [5] - The affiliated companies primarily deal in sectors such as chemical products, electromechanical equipment, and hardware accessories, which are largely unrelated to the modeling industry [5] - Bentley Holding Group, registered in December 2022, is a private limited company based in Hong Kong, sharing an address with over 140 other companies, indicating a typical "cluster registration" scenario [4][5]

Group 1: Financial Innovation and Development - The 2025 Shenzhen International Financial Conference focused on "Global Financial Markets and Policy Innovation," gathering industry leaders to discuss new paths for financial development [1] - The conference highlighted the importance of technology in reshaping the financial industry, with increasing investments in technology sectors and a shift in financial institutions' focus from traditional networks to technological capabilities [1][2] - The Greater Bay Area has implemented over 30 financial innovation measures during the 14th Five-Year Plan, establishing a policy matrix to support high-quality regional financial development [2][3] Group 2: Insurance Sector Transformation - The insurance industry is urged to transition towards comprehensive risk management, focusing on four key areas: supporting the real economy, enhancing social security, maintaining financial safety, and establishing a disaster insurance system [3][4] - Insurance funds are seen as crucial for supporting national strategies and the real economy, with a shift from limited to precise regulation in investment practices [3][4] Group 3: Talent Development and Market Structure - There is a steady increase in the number and proportion of technology talents in China's financial institutions, but a gap remains compared to international financial centers [2] - Experts suggest enhancing the capital market ecosystem by improving inclusivity and adaptability, and restructuring the capital market to better support innovation and economic growth [10][11] Group 4: Long-term Capital and Financial Stability - The need to strengthen long-term capital sources, such as social security funds and insurance capital, is emphasized to provide stable funding for infrastructure and technology projects [6][8] - The conference underscored the role of financial systems in supporting high-quality economic development and the importance of open financial markets for fostering innovation [9][10]

Core Insights - The Shenzhen International Financial Conference emphasizes the importance of financial innovation and the role of insurance capital in equity investment for economic development [1][2][3] Group 1: Financial Innovation and Technology - Technology innovation is highlighted as a national strategy and a core engine for reshaping the financial industry [1] - The share of venture capital investment in the technology sector, loans to high-tech enterprises, and the market capitalization of the A-share technology sector are all on the rise, indicating technology's critical role in driving the financial market [1] - Financial institutions are increasing their investments in fintech, shifting the industry's core competitiveness from traditional network expansion to technological advancement [1] Group 2: Talent Development - The total number and proportion of technology talents in China's financial institutions are steadily increasing, but there remains a gap compared to international financial centers like New York [2] - There is a need for collaboration between universities and the market to cultivate interdisciplinary and composite financial talents to support international competitiveness [2] Group 3: Insurance Sector Development - The insurance industry is urged to transition towards comprehensive risk management, focusing on four key areas: serving the real economy, enhancing social security, maintaining financial safety, and establishing a disaster insurance system [3] - The Greater Bay Area has implemented over 30 financial innovation measures during the 14th Five-Year Plan, creating a policy matrix to support high-quality regional financial development [2][3] Group 4: Equity Investment Potential - The core goal of insurance capital equity investment is to ensure capital safety while serving national strategies and the real economy [3] - Insurance capital investment has evolved from "limited opening" to "precise regulation," leading to a diversified investment landscape that extends from traditional infrastructure to new productive forces [3][4] - Recommendations for optimizing the policy environment for insurance capital include enhancing capital constraint mechanisms, clarifying rules, enriching asset management product systems, and opening innovative investment tools [4]

Core Insights - The 2025 Shenzhen International Financial Conference focuses on "Global Financial Markets and Policy Innovation," gathering industry leaders to discuss new paths for financial development [1] - Keynote speeches emphasize the role of technology in reshaping the financial industry and the importance of insurance in supporting high-quality economic development during the 14th and 15th Five-Year Plans [1][2] Group 1: Technology in Finance - Technology innovation is highlighted as a national strategy and a core engine for transforming the financial industry [1] - Investment in technology by financial institutions is increasing, shifting the competitive landscape from traditional network expansion to technological advancement [1] - The share of venture capital investment in technology, loans to high-tech enterprises, and the market capitalization of the A-share technology sector are all on the rise, indicating technology's critical role in serving the real economy [1] Group 2: Talent Development - The total number and proportion of technology talents in China's financial institutions are steadily increasing, but there remains a gap compared to international financial centers like New York [2] - Future talent development should focus on cultivating interdisciplinary and composite financial talents through collaboration between universities and the market [2] Group 3: Insurance Sector Innovations - The insurance sector is urged to transition towards comprehensive risk management, focusing on four key areas: supporting the real economy, enhancing social security, maintaining financial safety, and establishing a disaster insurance system [3] - The Greater Bay Area has implemented over 30 financial innovation measures during the 14th Five-Year Plan, creating a policy matrix to support high-quality regional financial development [2] Group 4: Investment Strategies - Insurance fund equity investment is seen as crucial for building a strong financial nation, with a focus on ensuring fund safety while serving national strategies and the real economy [3] - The investment landscape for insurance funds has evolved from "limited opening" to "precise regulation," with a diversified investment approach extending into new productive industries [3][4] - Recommendations for optimizing the policy environment for insurance fund investments include enhancing capital constraints, clarifying rules, enriching asset management product systems, and opening innovative investment tools [4]