中远海运能源运输股份有限公司 证券代码：600026 证券简称：中远海能 公告编号：2025-050 关于召开2025年第二次临时股东大会的通知 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： 股东大会召开日期：2025年9月26日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 一、 召开会议的基本情况 (二) 股东大会召集人：中远海运能源运输股份有限公司董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票 相结合的方式 (四) 现场会议召开的日期、时间和地点 召开的日期时间：2025 年 9 月 26 日 10 点 00 分 (一) 股东大会类型和届次 2025年第二次临时股东大会 召开地点：上海市虹口区东大名路 1171 号远洋宾馆三楼 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 9 月 26 日 至2025 年 9 月 26 日 采用上海证券交易所网络投票系统，通过交易系统投 ...

中远海运能源运输股份有限公司 2025 年第二次临时股东大会会议资料 二〇二五年九月二十六日 关于取消监事会并修订《公司章程》等治理制度的议案，各子议 案如下： 1. 修订《公司章程》； 目录 | 会议议程…………………………………………………………………2 | | --- | | 会议须知…………………………………………………………………3 | | 议案一、《关于取消监事会并修订<公司章程>等治理制度的议 | | 案》……………………………………………………………………….4 | 1 中远海运能源运输股份有限公司 2025 年第二次临时股东大会议程 时间：2025 年 9 月 26 日（星期五）10 点 00 分 地点：上海市虹口区东大名路 1171 号远洋宾馆三楼 主持人：任永强董事长（或受推举的董事） 会议议程 一、审议议题： 非累积投票议案，审议： 2. 修订《股东会议事规则》； 3. 修订《董事会议事规则》； 4. 取消公司监事会及废止《监事会议事规则》； 5. 修订《独立董事工作制度》； 6. 修订《关联交易管理制度》； 7. 修订《对外担保管理制度》； 8. 修订《对外投资管理制度》； 9. 修 ...

特別股東大會通告 茲通告 中遠海運能源運輸股份有限公司（「本公司」）謹訂於二零二五年九月二十六 日（星 期 五）上午十時正假座中國上海市虹口區東大名路1171號遠洋賓館三樓舉行特 別股東大會（「特別股東大會」）或 其 任 何 續 會，以 審 議 並 酌 情 批 准 以 下 決 議 案。 除 另 有 說 明 外，本 通 告 所 用 詞 彙 與 本 公 司 日 期 為 二 零 二 五 年 九 月 八 日 的 通 函 所 界 定 者 具 有 相 同 涵 義。 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通告的內容概不負責， 對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 通 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。 COSCO SHIPPING ENERGY TRANSPORTATION CO., LTD.* 中遠海運能源運輸股份有限公司 （在中華人民共和國註冊成立之股份有限公司） （股份代號：1138） 特別決議案 1. 審 議 及 批 准 關 於 ...

（股份代號：1138） 二零二五年九月二十六日（星期五）舉行的 特別股東大會適用的代表委任表格 COSCO SHIPPING ENERGY TRANSPORTATION CO., LTD.* （在中華人民共和國註冊成立之股份有限公司） | 序號 | 普通決議案# | 贊 成4 | 反 對4 | 棄 權4 | | --- | --- | --- | --- | --- | | 5. | 審議及批准關於建議修訂獨立董事工作制度的決議案。 | | | | | 6. | 審議及批准關於建議修訂關聯交易管理制度的決議案。 | | | | | 7. | 審議及批准關於建議修訂對外擔保管理制度的決議案。 | | | | | 8. | 審議及批准關於建議修訂對外投資管理制度的決議案。 | | | | | 9. | 審議及批准關於建議修訂累積投票制實施細則的決議案。 | | | | | 10. | 審議及批准關於建議修訂股票期權激勵計劃管理辦法的 | | | | | | 決議案。 | | | | | 11. | 審議及批准關於建議修訂股票期權激勵計劃實施考核管 | | | | | | 理辦法的決議案。 | | | | 日期： ...

閣下如已售出或轉讓 名下所有 中遠海運能源運輸股份有限公司 的 股 份，應 立 即 將 本 通 函、隨 附 之 代 表 委 任 表 格 轉交買主或承讓人，或經手買賣或轉讓的持牌證券交易商、註冊證券機構或其他代理，以便轉交買主或承讓人。 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通函之內容概不負責，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通函全部或任何部分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。 COSCO SHIPPING ENERGY TRANSPORTATION CO., LTD.* （在中華人民共和國註冊成立之股份有限公司） （股份代號：1138） 此乃要件 請即處理 閣下如 對本通函任何內容或應採取的行動 有任何疑問， 閣下應諮詢持牌證券交易商及其他註冊證券機構、銀行 經理、律師、專業會計師或其他專業顧問。 (6)建議修訂關聯交易管理制度 (7)建議修訂對外擔保管理制度 (8)建議修訂對外投資管理制度 (9)建議修訂累積投票制實施細則 (10)建議修訂股票期權激勵計劃管理辦法 (11)建議修訂股票期權激勵計劃實施考核管理辦法 (1)建議修訂公司章程 (2) ...

Group 1 - The core viewpoint of the article highlights that COSCO Shipping Energy (01138) has seen a significant stock price increase of 6.34%, reaching HKD 7.71, with a trading volume of HKD 80.81 million [1] - Eight OPEC+ countries are set to hold an online meeting to decide on oil production for October, with potential plans to withdraw approximately 1.65 million barrels per day from production cuts, which represents 1.6% of global demand, ahead of the original schedule by over a year [1] - Huayuan Securities anticipates a notable improvement in the oil transportation market's outlook by Q4 2025 due to the accelerated increase in OPEC+ production [1] Group 2 - Bank of America Securities reports that COSCO Shipping Energy's operational performance in the first half of the year met expectations, with net profit exceeding forecasts primarily due to one-time gains [1] - The bank has raised its profit forecasts for 2025 to 2027, reflecting the favorable conditions for the crude oil tanker market resulting from OPEC+ production increases and tightening U.S. sanctions [1] - The bank maintains a "Buy" rating on the company, viewing it as a major beneficiary of the tanker market recovery, and believes that the current valuation does not fully reflect the expected return on equity for shareholders in 2025 to 2026 [1]

Group 1 - Zhongyuan Shipping (01138) saw a stock increase of over 6%, reaching HKD 7.71 with a trading volume of HKD 80.81 million [1] - Eight OPEC+ countries are set to hold an online meeting to decide on October's oil production, with potential plans to withdraw approximately 1.65 million barrels per day from current cuts, equating to 1.6% of global demand, ahead of the original schedule by over a year [1] - Huayuan Securities anticipates a significant improvement in the oil shipping market's outlook by Q4 2025 due to the acceleration of OPEC+ production increases [1] Group 2 - Bank of America reported that Zhongyuan Shipping's operational performance in the first half of the year met expectations, with net profit exceeding forecasts primarily due to one-time gains [1] - The bank has raised its profit forecasts for 2025 to 2027, reflecting favorable conditions for the crude oil tanker market due to OPEC+ production increases and tightening U.S. sanctions [1] - The bank maintains a "buy" rating, suggesting that Zhongyuan Shipping will be a major beneficiary of the tanker market recovery, and believes that the current valuation does not fully reflect the expected shareholder return rates for 2025 to 2026 [1]

Core Viewpoint - The stock of China Cosco Shipping Energy Transportation Co., Ltd. has experienced a decline of 8.52% year-to-date, with a recent drop of 2.07% on September 3, 2023, indicating potential challenges in the market [1]. Company Overview - China Cosco Shipping Energy Transportation Co., Ltd. was established on July 26, 1996, and listed on May 23, 2002. The company is headquartered in Hongkou District, Shanghai, and primarily engages in the transportation of crude oil and refined oil, as well as liquefied natural gas (LNG) [1]. - The company's revenue composition includes: 41.53% from foreign trade crude oil, 14.59% from domestic crude oil, 10.78% from foreign trade refined oil, 10.38% from foreign trade oil vessel leasing, 10.28% from domestic refined oil, 9.59% from LNG transportation, 1.35% from chemical transportation, 0.89% from LPG transportation, 0.55% from domestic oil vessel leasing, and 0.05% from other sources [1]. Financial Performance - For the first half of 2025, the company reported a revenue of 11.642 billion yuan, a slight decrease of 0.08% year-on-year, and a net profit attributable to shareholders of 1.869 billion yuan, down 28.28% year-on-year [2]. - Since its A-share listing, the company has distributed a total of 14.462 billion yuan in dividends, with 4.437 billion yuan distributed over the past three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders for China Cosco Shipping Energy has increased to 116,500, reflecting a rise of 7.95% from the previous period [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 91.6484 million shares, an increase of 18.3201 million shares from the previous period [3].

Group 1 - The core viewpoint of the report is that Huayuan Securities has given a "buy" rating for COSCO Shipping Energy Transportation Co., Ltd. (600026.SH) with a latest price of 10.64 yuan [1] - The reasons for the rating include a short-term performance pressure due to a year-on-year decline in tanker route revenue, while the contribution from LNG business is increasing [1] - The report highlights that OPEC+ production increase is beneficial for VLCC, and freight rates are expected to remain strong [1] - The company has received approval from the CSRC for its private placement application [1]

Investment Rating - The investment rating for the company is "Buy" (maintained) [6] Core Views - The company has received approval for a private placement, which is expected to strengthen future freight rates [6] - The company's performance in the first half of 2025 showed a decline in revenue and net profit, primarily due to lower tanker earnings, but the LNG segment has shown growth [8] - The outlook for VLCC (Very Large Crude Carrier) rates is positive due to OPEC+ production increases, which may lead to a stronger oil transportation market [8] Financial Performance Summary - In H1 2025, the company achieved revenue of 11.642 billion yuan, a decrease of 2.55% year-on-year, and a net profit of 1.869 billion yuan, down 29.16% year-on-year [8] - The average daily earnings for the TD3C route were $40,370, down approximately 2% year-on-year, while the TC1 route saw a significant decline of about 47% [8] - The LNG segment contributed 424 million yuan to net profit, showing a year-on-year increase of 5.7% [8] Earnings Forecast and Valuation - The forecasted net profits for 2025-2027 are 5.034 billion yuan, 6.148 billion yuan, and 6.681 billion yuan, with year-on-year growth rates of 24.72%, 22.12%, and 8.68% respectively [8] - The current price-to-earnings (P/E) ratios for 2025, 2026, and 2027 are projected to be 10.08, 8.26, and 7.60 respectively [8]