Core Viewpoint - The first methanol dual-fuel container ship in China, "COSCO Shipping Yangpu," has successfully docked at Yangpu Port and completed its first green methanol refueling, marking a significant step towards low-carbon transformation in the shipping industry [1][2] Group 1: Industry Impact - The successful refueling of 200 tons of domestic green methanol on the "COSCO Shipping Yangpu" is expected to reduce carbon dioxide emissions by approximately 325 tons, showcasing the potential of green methanol in achieving low-carbon development in the shipping sector [1] - The application of green methanol is highlighted as an important choice for low-carbon development in the shipping industry, emphasizing the strategic position of Hainan Free Trade Port in logistics and green shipping [2] Group 2: Company Developments - "COSCO Shipping Yangpu" is the first domestically built methanol dual-fuel container ship, measuring 366 meters in length and 51 meters in width, with a maximum capacity of 16,000 TEUs, demonstrating the feasibility of "Chinese ships + Chinese green fuel" [2] - The ship's construction and operation reflect COSCO Shipping Group's comprehensive capabilities from ship design and construction to green fuel supply, contributing to the development of an international shipping hub at Yangpu Port [2]

Core Points - The Hainan Shipping Environmental Base has officially opened, addressing the historical challenge of shipping waste disposal in Hainan and completing the "ship-port-factory" pollution management loop [2][3] - The base, constructed by China COSCO Shipping Group's Hainan COSCO Shipping Environmental Technology Co., covers an area of approximately 40 acres and utilizes existing resources to provide reception services for ship waste [2] - The first phase of the project has a processing capacity of 30,000 tons per year and includes facilities for storage, wastewater treatment, and service areas, with plans to expand capabilities for handling various pollutants [2][3] Industry Impact - The establishment of the Hainan Shipping Environmental Base will support the implementation of the Hainan Province Ship Pollution Prevention Regulations and serve as a model for innovative cooperation between central and local governments [3] - Future initiatives include the development of a "decarbonized shipping corridor" in collaboration with upstream and downstream enterprises, and the creation of a ship environmental database with maritime authorities [3] - The project aims to leverage the carbon capture and storage (CCUS) potential in the Fushan depression area of Chengmai County, positioning Hainan as a leader in green and low-carbon shipping development [3]

Core Viewpoint - The announcement details the results of the stock option incentive plan for the second quarter of 2025, highlighting the number of shares exercised and the adjustments made to the stock option plan due to various corporate actions [1][2][3]. Group 1: Stock Option Exercise Results - A total of 446,622 shares were exercised by the incentive plan participants, with the shares to be listed for trading on the second trading day after the exercise date [1][6]. - The stock option exercise was conducted under the self-exercise model, and the newly issued shares are unrestricted for trading [6][9]. Group 2: Adjustments to Stock Option Plan - The exercise price for the first grant of options was adjusted from 3.15 CNY/share to 2.28 CNY/share, and for the reserved options from 2.69 CNY/share to 1.82 CNY/share due to the 2021 profit distribution [3][4]. - The company has also canceled unexercised options for individuals who no longer meet the eligibility criteria due to retirement, resignation, or performance issues, totaling 6,251,028 options [4][5]. Group 3: Impact on Share Capital Structure - Following the exercise of options, the total number of shares increased from 15,489,308,117 to 15,489,754,739, reflecting the addition of the exercised shares [9]. - The company raised 446,622 CNY from the exercise, which will be used to supplement its working capital [9][10]. Group 4: Financial Impact - The exercise of stock options is not expected to have a significant impact on the company's financial condition or operating results [10].

Group 1 - COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (CICOY) is part of the Transportation sector, which includes 122 companies and ranks 4 in the Zacks Sector Rank [2] - CICOY currently holds a Zacks Rank of 2 (Buy), indicating a positive earnings outlook based on earnings estimates and revisions [3] - The Zacks Consensus Estimate for CICOY's full-year earnings has increased by 17.6% in the past quarter, reflecting improved analyst sentiment [4] Group 2 - CICOY has returned 7.7% year-to-date, outperforming the average loss of 3.7% in the Transportation group [4] - CICOY belongs to the Transportation - Shipping industry, which consists of 38 companies and ranks 31 in the Zacks Industry Rank; this industry has seen a loss of about 5.6% this year [6] - Another outperforming stock in the Transportation sector is Central Japan Railway Co. (CJPRY), which is up 19.7% year-to-date and has a Zacks Rank of 1 (Strong Buy) [5][7]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年6月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中遠海運控股股份有限公司 呈交日期: 2025年7月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01919 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 3,199,780,000 | RMB | | 1 RMB | | 3,199,780,000 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 3,199,780,000 | RMB | | 1 RMB | | 3,199,780,000 | | 2. 股份分類 | 普通股 | 股份類別 | A | ...

证券代码：601919 证券简称：中远海控 公告编号：2025-039 2、本次行权股票上市流通时间：采用自主行权模式，激励对象 行权所得股票于行权日（T日）后的第二个交易日（T+2）日上市交 易。 2025 年第二季度，中远海运控股股份有限公司（简称"公 司"）股票期权激励计划激励对象行权且完成股份过户登记的 行权股票数量合计为 446,622 股。具体说明如下： 一、股票期权激励计划已履行的决策程序及相关信息披露 中远海运控股股份有限公司 股票期权激励计划2025年第二季度自主行权结果 暨股份变动公告 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： 1、本次行权股票数量：2025年第二季度，公司股票期权激励计 划激励对象行权且完成股份过户登记的行权股票数量合计为446,622 股。 2018年12月至2020年7月期间，按照《中华人民共和国公司法》、 《上海证券交易所股票上市规则》等法律法规的有关规定，公司董 事会、监事会及股东大会分别审议通过了公司《股票期权激励计划》 并实施了股票期权激励计划首次授予及预 ...

Group 1 - BHP has signed a charter agreement with COSCO Shipping for two ammonia dual-fuel Newcastle-type bulk carriers [1] - The vessels are expected to be delivered in 2028 [1] - The primary purpose of the ships is to transport iron ore from Western Australia to Northeast Asia [1]

Group 1 - The Cathay Securities CSI Hong Kong Stock Connect High Dividend Investment Index Fund (QDII) C has experienced a decline of 0.07% on July 1, with a latest net value of 1.13 yuan, marking a continuous drop for five trading days and a cumulative decline of 1.8% over the period [1] - The fund was established on January 1, 2025, with an initial scale of 0.06 billion yuan and has achieved a cumulative return of 13.34% since its inception [1] Group 2 - Current fund manager Zhang Jing holds a bachelor's degree in finance from the University of International Business and Economics and an MBA from Shanghai University of Finance and Economics, with extensive international experience in asset management [2] - The other fund manager, Deng Yakun, has a master's degree in computational finance from Carnegie Mellon University and has been with Cathay Securities since March 2021, focusing on quantitative investment [2] Group 3 - As of March 31, 2025, the top ten holdings of the Cathay Securities CSI Hong Kong Stock Connect High Dividend Investment Index Fund (QDII) C account for a total of 44.28%, with significant positions in COSCO Shipping Holdings (9.76%), Yancoal Australia (5.88%), and Orient Overseas International (3.94%) among others [3]

Group 1 - The core index, the China Securities Dividend Singapore Dollar Index, increased by 0.7% to 5199.8 points with a trading volume of 6.888 billion [1] - Over the past month, the index has decreased by 1.59%, by 4.20% over the last three months, and by 7.49% year-to-date [2] - The index comprises 100 stocks with high cash dividend yields and stable dividends, reflecting the overall performance of high dividend yield companies [2] Group 2 - The top ten weighted stocks in the index include COSCO Shipping Holdings (2.59%), Jizhong Energy (1.81%), and Ningbo Huaxiang (1.76%) [2] - The index's holdings are primarily from the Shanghai Stock Exchange (81.48%), followed by the Shenzhen Stock Exchange (17.78%) and the Beijing Stock Exchange (0.74%) [2] Group 3 - The industry composition of the index shows that finance accounts for 28.24%, industrials 19.03%, and energy 18.41% [3] - Other sectors include materials (12.07%), consumer discretionary (11.78%), communication services (4.12%), utilities (2.35%), healthcare (1.59%), real estate (1.54%), and consumer staples (0.87%) [3] Group 4 - The index samples are adjusted annually, with the next adjustment scheduled for the trading day following the second Friday of December [4] - Criteria for sample inclusion include a cash dividend yield greater than 0.5% over the past year and ranking within the top 90% for average total market capitalization and trading volume [4] - Adjustments typically do not exceed 20% of the sample, unless more than 20% of the original samples are disqualified due to the cash dividend yield criterion [4]

Report Industry Investment Rating No relevant content provided. Core Viewpoints - Market participants are speculating on the peak time of freight rates, with attention on the quotes for the second half of July to be released next week [1] - The supply and demand in the US route have both increased, with supply recovering rapidly and freight rates in the East and West US dropping from their highs [2] - There is a possibility that the freight rates in the first half of July have already reached their peak, and the August contract is in a game over the specific peak - time [5] - The strategy suggests a sideways movement for the main contract and a long - December, short - October arbitrage [8] Summary by Directory 1. Futures Price - As of June 27, 2025, the total open interest of all container shipping index European route futures contracts was 90,944 lots, and the daily trading volume was 62,657 lots. The closing prices of EC2602, EC2604, EC2506, EC2508, EC2510, and EC2512 contracts were 1317.40, 1160.20, 1885.90, 1759.90, 1325.60, and 1489.10 respectively [7] - The estimated final delivery settlement price of SCFIS is between 1890 - 1911 points, and ship delays are expected to drag down the SCFIS on June 30 [4] 2. Spot Price - For the Shanghai - Rotterdam route, different alliances have different price quotes. For example, Maersk's price in the second week of July decreased compared to the previous period, and some alliances' prices for the second half of July are higher than the first half [1] - For the Shanghai - US East and West routes, the freight rates have dropped significantly. Maersk's Shanghai - Los Angeles price in the first half of July decreased from 4296/5360 in the first half of June to 1478/2110, and the Shanghai - New York price decreased from 6410 dollars/FEU to 4100 dollars/FEU [2] 3. Container Ship Capacity Supply - In July, the monthly average weekly capacity of the Shanghai - European base port route is 273,800 TEU, and in August, it is 269,900 TEU. There are 8 blank sailings in July [3] - As of June 20, 2025, 128 container ships have been delivered in 2025, with a total capacity of 1.018 million TEU. Among them, 38 ships of 12,000 - 16,999 TEU with a total capacity of 570,100 TEU and 6 ships of over 17,000 TEU with a total capacity of 142,400 TEU have been delivered [7] 4. Supply Chain - The geopolitical situation in the Middle East has affected the oil price and shipping situation. The conflict between Israel and Iran has ended, and the risk of the Strait of Hormuz being closed has been basically eliminated, with a relatively small direct impact on container transportation [2][3] 5. Demand and European Economy - The demand for the China - US route has increased rapidly due to the reduction of Sino - US tariffs, and carriers are actively restoring capacity [2] - The relationship between the EU's industrial production index, import from China, consumer confidence index, retail sales, and China's export to the EU may affect the shipping demand [73 - 89]