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，且表明不會就本公告全部或任何部分內容所導致或因倚賴該等內 容而產生的任何損失承擔任何責任。 中國外運股份有限公司 根據股票期權激勵計劃有關條款，自股票期權授予日起，若在行權前公司發生派息，應對行權 價格進行相應的調整，調整方法如下： - 1 - P=P0-V=3.475-（0.145+0.145）=3.185（人民幣元/股） Sinotrans Limited ( 於中華人民共和國註冊成立的股份有限公司 ) (股份代號: 00598) 調整股票期權激勵計劃行權價格 玆提述中國外運股份有限公司（「本公司」或「公司」）日期為二零二一年十二月三十日之通 函（「該通函」）及日期為二零二一年十一月二十九日、二零二二年一月二十四日、二零二二 年一月二十五日、二零二二年三月二日、二零二二年八月二十五日、二零二三年三月二十七日、 二零二三年十月二十六日、二零二四年八月二十九日及二零二四年十月二十五日之公告（「該 等公告」），內容有關（其中包括）股票期權激勵計劃。除非另有界定，本公告所用詞彙與該 通函及該等公告所界定者 ...

Group 1 - The core point of the article highlights that China National Foreign Trade Transportation Group (China Foreign Trade, SH 601598) reported a decline in its third-quarter performance for 2025, with revenue approximately 75.038 billion yuan, a year-on-year decrease of 12.62% [1] - The net profit attributable to shareholders of the listed company was about 2.679 billion yuan, reflecting a year-on-year decrease of 5.17% [1] - The basic earnings per share stood at 0.3684 yuan, which is a decrease of 5.33% compared to the previous year [1] Group 2 - As of the report, the market capitalization of China Foreign Trade is 45 billion yuan [1]

Financial Performance - The company's operating revenue for Q3 2025 was RMB 24,515,087,883.37, a decrease of 16.91% compared to the same period last year[8]. - The total profit for the period was RMB 993,893,581.80, reflecting a decline of 13.19% year-on-year[8]. - Net profit attributable to shareholders was RMB 732,347,717.52, down 16.79% from the previous year[8]. - The net profit after deducting non-recurring gains and losses was RMB 685,536,530.09, a decrease of 13.46% compared to the same period last year[8]. - The basic earnings per share for Q3 2025 was RMB 0.1007, down 16.90% year-on-year[8]. - Total operating revenue for the first three quarters of 2025 was CNY 75.04 billion, a decrease of 12.6% compared to CNY 85.87 billion in the same period of 2024[26]. - Net profit for the first three quarters of 2025 was CNY 2.91 billion, down 4.1% from CNY 3.04 billion in 2024[27]. - Basic earnings per share for 2025 was CNY 0.3684, compared to CNY 0.3891 in 2024, indicating a decline of 5.5%[27]. - Net profit for the first three quarters of 2025 reached CNY 2,112,563,579.87, compared to CNY 2,518,502,828.00 in the first three quarters of 2024, reflecting a decline of 16.06%[34]. Cash Flow - The cash flow from operating activities for the year-to-date was RMB 582,310,190.23, showing a significant increase of 40.24%[8]. - Cash flow from operating activities generated a net amount of CNY 582.31 million in 2025, an increase of 40.2% from CNY 415.24 million in 2024[30]. - Cash inflow from operating activities for the first three quarters of 2025 was approximately $3.60 billion, compared to $4.06 billion in the same period of 2024, representing a decrease of about 11.4%[36]. - Net cash flow from operating activities was negative at approximately -$375.67 million for the first three quarters of 2025, compared to -$255.96 million in 2024, indicating a worsening cash flow situation[36]. - Cash inflow from investment activities increased to approximately $3.68 billion in 2025 from $4.66 billion in 2024, showing a decline of about 21.1%[36]. - Net cash flow from investment activities was approximately $1.05 billion in 2025, contrasting sharply with a negative cash flow of about -$1.52 billion in 2024[36]. - Cash inflow from financing activities was approximately $2.36 billion in 2025, down from $5.98 billion in 2024, reflecting a decrease of about 60.6%[37]. - Net cash flow from financing activities was negative at approximately -$1.71 billion in 2025, compared to -$473.63 million in 2024, indicating increased financial strain[37]. Assets and Liabilities - The total assets at the end of the reporting period were RMB 81,765,947,044.82, an increase of 5.92% from the end of the previous year[8]. - The company's current assets totaled RMB 40,202,593,834.29, up from RMB 35,634,997,641.75, indicating an increase of about 14.5% year-over-year[22]. - The total liabilities reached RMB 39,262,803,232.26, compared to RMB 35,154,821,919.36 in the previous period, reflecting an increase of approximately 11.9%[23]. - The total equity attributable to shareholders increased to RMB 39,778,730,271.54 from RMB 39,567,594,762.30, a growth of about 0.5%[23]. - The total assets as of September 30, 2025, amounted to CNY 46,500,230,337.20, an increase from CNY 45,890,225,038.10 at the end of 2024[32]. - Total liabilities increased to CNY 19,435,181,859.80 as of September 30, 2025, compared to CNY 18,494,574,084.54 at the end of 2024[32]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,483[19]. - The largest shareholder, China Foreign Trade Group Corporation, holds 2,525,339,831 shares, accounting for 34.73% of total shares[19]. - The top ten shareholders collectively hold a significant portion of the company’s shares, with the largest three shareholders accounting for over 83% of total shares[19]. Operational Metrics - Contract logistics volume reached 38.24 million tons, up from 37.47 million tons year-on-year, representing a growth of 2.06%[15]. - Sea freight agency volume increased to 11.79 million TEUs, compared to 10.96 million TEUs in the same period last year, reflecting a growth of 7.52%[16]. - Cross-border e-commerce logistics volume decreased to 0.46 billion parcels, down from 1.60 billion parcels year-on-year, a decline of 71.25%[17]. - The company’s air freight channel business volume was 664,000 tons, down from 753,000 tons year-on-year, a decrease of 11.83%[16]. - The logistics e-commerce platform handled 2.917 million TEUs, an increase from 1.877 million TEUs year-on-year, representing a growth of 55.38%[17]. - The railway agency volume was 392,000 TEUs, down from 448,000 TEUs year-on-year, a decline of 12.50%[16]. - The company’s warehouse service volume reached 21.55 million tons, up from 20.16 million tons year-on-year, an increase of 6.89%[16]. Government Subsidies - The company received government subsidies totaling RMB 1.259 billion for the period from January to September 2025, primarily related to its logistics operations[12]. Research and Development - Research and development expenses decreased to CNY 78.26 million in 2025 from CNY 124.34 million in 2024, a reduction of 37.0%[26]. - Research and development expenses for the first three quarters of 2025 were CNY 21,834,683.52, down from CNY 28,206,435.04 in the same period of 2024, a decrease of 22.67%[34]. Investment Income - The company reported an increase in investment income to CNY 1.63 billion in 2025, up from CNY 1.47 billion in 2024, representing an increase of 11.2%[26]. - The company reported investment income of CNY 2,336,630,253.82 for the first three quarters of 2025, compared to CNY 2,828,177,264.63 in the same period of 2024, a decrease of 17.43%[34]. Financial Position - The company's cash and cash equivalents decreased to RMB 12,932,251,478.54 from RMB 13,467,664,505.98, a decline of about 4.0%[22]. - The company's inventory stood at RMB 54,771,976.07, slightly down from RMB 56,259,409.64, a decrease of approximately 2.6%[22]. - The total non-current assets remained stable at RMB 41,563,353,210.53, showing a marginal increase from RMB 41,560,502,496.10[22]. - The company reported a decrease in short-term borrowings to RMB 1,424,248,561.73 from RMB 3,294,191,564.22, a reduction of approximately 56.7%[23]. - The long-term borrowings decreased to RMB 2,576,652,353.70 from RMB 3,268,291,437.12, indicating a decline of about 21.2%[23]. - The company’s short-term borrowings decreased to CNY 350,615,864.26 from CNY 1,981,557,305.56 at the end of 2024, a decline of 82.32%[32]. - The company did not apply new accounting standards or interpretations for the year 2025, indicating continuity in financial reporting practices[38].

人民财讯10月27日电，中国外运（601598）10月27日发布2025年第三季度报告，第三季度营收为245.15 亿元，同比下降16.91%；净利润为7.32亿元，同比下降16.79%。前三季度净利润为26.79亿元，同比下 降5.17%。 ...

H 股证券代码：00598 H 股证券简称：中国外运（Sinotrans） A 股证券代码：601598 A 股证券简称：中国外运 中国外运股份有限公司 2025 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法律责任。 重要内容提示： 中国外运股份有限公司 2025 年第三季度报告 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 24,515,087,883.37 | -16.91 | 75,037,589,114.89 | -12.62 | | 利润总额 | 993,893,581.80 | -13.19 | 3,604,470,646.20 | -1.06 | | 归属于上市公司股东的 净利润 | 732,347,717.52 | -16.79 | 2,679,2 ...

股票代码：601598 股票简称：中国外运 编号：临 2025-079 号 一、公司激励计划已履行的相关审批程序及实施情况 1、2021 年 11 月 29 日，公司召开了第三届董事会第六次会议和监事会 2021 年度第 七次会议，审议通过了《关于公司股票期权激励计划（草案）及其摘要的议案》《关于< 公司股票期权激励计划实施考核办法>的议案》《关于提请股东大会授权董事会办理公司 股票期权激励计划相关事宜的议案》等议案，公司独立董事对本期激励计划相关事项发表 了独立意见，监事会对本期激励计划相关事项发表了核查意见。 2、2022 年 1 月 7 日，公司通过内部网站对本次激励计划激励对象的姓名和职务予以 公示，公示期为 2022 年 1 月 7 日至 2022 年 1 月 16 日止。公示期满，公司未收到针对本 期激励计划激励对象提出的异议。公司监事会对本期激励计划对象名单进行了核查，并于 2022 年 1 月 18 日披露了《监事会关于公司股票期权激励计划（第一期）激励对象名单的 核查意见及公示情况说明》。 3、2022 年 1 月 21 日，公司收到实际控制人招商局集团有限公司转发的国务院国有 资产监督管理 ...

北京市嘉源律师事务所 关于中国外运股份有限公司 股票期权激励计划(第一期)行权价格调整 的法律意见书 源律师事务所 JIA YUAN LAW OFFICES 西城区复兴门内大街 158 号远洋大厦 4 楼 中国 · 北京 二〇二五年十月 ิ IA YUAN LAW OFFICES 北京 BEIJING ·上海 SHANGHAI ·深圳 SHENZHEN · 香港 HONG KONG · 广州 GUANGZHOU · 西安 XI'AN 致:中国外运股份有限公司 北京市嘉源律师事务所 关于中国外运股份有限公司股票期权激励计划(第一期) 行权价格调整的法律意见书 嘉源(2025)-05-396 敬启者: 根据《中华人民共和国公司法》(以下简称"《公司法》")、《中华人民 共和国证券法》（以下简称"《证券法》"）、《上市公司股权激励管理办法》 (以下简称"《管理办法》")和《中国外运股份有限公司章程》(以下简称"《公 司章程》")等有关规定,北京市嘉源律师事务所(以下简称"本所")接受中 国外运股份有限公司(以下简称"中国外运"或"公司")的委托,就中国外运 股票期权激励计划(第一期)(以下简称"本次股权激励计划") ...

中国外运公告，第三季度营收为245.15亿元，下降16.91%；净利润为7.32亿元，下降16.79%。前三季度 营收为750.38亿元，下降12.62%；净利润为26.79亿元，下降5.17%。 ...

中国外运10月27日公告，2025年第三季度实现营业收入245.15亿元，同比下降16.91%；归属于上市公司 股东的净利润7.32亿元，同比下降16.79%，基本每股收益0.1007元。前三季度实现营业收入750.38亿 元，同比下降12.62%；归属于上市公司股东的净利润26.79亿元。 ...

智通财经APP获悉，截止10月27日收盘，东北电气(00042)、中石化油服(01033)、弘业期货(03678)分列 AH溢价率前三位，溢价率分别为847.37%、247.50%、235.59%；宁德时代(03750)、招商银行(03968)、 恒瑞医药(01276)分列AH溢价率末三位，溢价率分别为-17.62%、0.46%、0.64%。其中山东墨龙 (00568)、东北电气(00042)、中石化油服(01033)的偏离值位居前三，分别为49.33%、23.99%、20.12%； 另外，上海电气(02727)、中国外运(00598)、第一拖拉机股份(00038)的偏离值位居后三，分别 为-23.60%、-16.42%、-16.03%。 前十大AH股溢价率排行 股票名称 H股(港元) A股 溢价率↓ 偏离值 东北电气(00042) 0.285 2.25 847.37% 23.99% 中石化油服 (01033) 0.800 2.32 247.50% 20.12% 弘业期货(03678) 3.990 11.18 235.59% 4.22% 浙江世宝(01057) 4.840 13.21 226.86% -0.7 ...