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，並明確表示概不就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。 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） 中華人民共和國，上海 二零二五年九月八日 於本公告刊發日期，董事會由執行董事任永強先生及朱邁進先生，非執行董事汪樹青先 生、王威先生及周崇沂女士，以及獨立非執行董事黃偉德先生、李潤生先生、趙勁松先生 及王祖溫先生所組成。 * 僅供識別 证券代码：600026 证券简称：中远海能 公告编号：2025-051 （股份代號：1138） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條之規定而作出。 中遠海運能源運輸股份有限公司（「本公司」）之A股在上海證券交易所上市，以下公告為本 公司根據上海證券交易所之要求於上海證券交易所網站刊發之公告。 承董事會命 中遠海運能源運輸股份有限公司 公司秘書 倪藝丹 〔2025〕1703 号）（具体内容详见本公司 ...

证券代码：600026 证券简称：中远海能 中远海运能源运输股份有限公司 2025 年度向特定对象发行 A 股股票 募集说明书 保荐人（主承销商） （中国（上海）自由贸易试验区商城路 618 号） 二零二五年九月 中远海运能源运输股份有限公司 2025年度向特定对象发行A股股票募集说明书 声 明 本公司及全体董事、监事、高级管理人员承诺募集说明书及其他信息披露资 料不存在任何虚假记载、误导性陈述或重大遗漏，并对其真实性、准确性及完整 性承担相应的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人保证募集说明书中财务 会计资料真实、准确、完整。 中国证券监督管理委员会、上海证券交易所对本次发行所作的任何决定或意 见，均不表明其对申请文件及所披露信息的真实性、准确性、完整性作出保证， 也不表明其对发行人的盈利能力、投资价值或者对投资者的收益作出实质性判断 或保证。任何与之相反的声明均属虚假不实陈述。 根据《证券法》的规定，证券依法发行后，发行人经营与收益的变化，由发 行人自行负责。投资者自主判断发行人的投资价值，自主作出投资决策，自行承 担证券依法发行后因发行人经营与收益变化或者证券价格变动引致的投资风险 ...

关于公司向特定对象发行股票募集说明书等 相关文件更新财务数据的提示性公告 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。 中远海运能源运输股份有限公司（以下简称"公司"）2025 年度向特定对象 发行 A 股股票事项（以下简称"本次发行"）于 2025 年 7 月获得上海证券交易 所审核通过，并于 2025 年 8 月收到中国证券监督管理委员会出具的《关于同意 中远海运能源运输股份有限公司向特定对象发行股票注册的批复》（证监许可 〔2025〕1703 号）（具体内容详见本公司于 2025 年 8 月 20 日在上海证券交易所 网站（www.sse.com.cn）及指定信息披露媒体上披露的 2025-047 号公告）。 证券代码：600026 证券简称：中远海能 公告编号：2025-051 中远海运能源运输股份有限公司 鉴于公司于 2025 年 8 月 30 日披露了《中远海运能源运输股份有限公司 2025 年半年度报告》，公司会同相关中介机构对与本次发行相关的募集说明书等申请 文件中涉及的会后事项等内容进行了补充。具体内容详 ...

国泰海通证券股份有限公司 关于 中远海运能源运输股份有限公司 2025 年度向特定对象发行 A 股股票 之 发行保荐书 保荐人（主承销商） （中国（上海）自由贸易试验区商城路 618 号） 二〇二五年九月 中远海运能源运输股份有限公司 发行保荐书 声 明 上海证券交易所： 国泰海通证券股份有限公司（以下简称"国泰海通"、"保荐人"、"本保 荐人"）接受中远海运能源运输股份有限公司（以下简称"中远海能"、"发行 人"、"公司"）的委托，担任中远海能 2025 年度向特定对象发行 A 股股票（以 下简称"本次发行"）的保荐人，本保荐人委派孙逸然和孙兴涛作为具体负责推 荐本项目的保荐代表人。 国泰海通及其保荐代表人根据《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》"）、《证券 发行上市保荐业务管理办法》（以下简称"《保荐业务管理办法》"）、《上市 公司证券发行注册管理办法》（以下简称"《注册管理办法》"）等有关法律、 法规的规定，诚实守信，勤勉尽责，严格按照依法制订的业务规则、行业执业规 范和道德准则出具本发行保荐书，并保证所出具文件的真实性、准确性和完整性。 ...

Core Viewpoint - Zhongyuan Shipping experienced a significant increase in stock price, closing at 12.19 yuan on September 8, with a 10.02% rise, attributed to various positive factors including strong LNG transportation business and favorable market conditions [1][2]. Group 1: Company Performance - The stock reached its daily limit and closed with a total fund of 92.83 million yuan, representing 0.22% of its circulating market value [1]. - The company operates a leading fleet in the LNG transportation sector, with 52 operational vessels and 35 under construction, enhancing its pricing power in the industry [1]. - The approval of a private placement has opened up financing channels, supported by recent buy ratings from institutions like Changjiang Securities and Huayuan Securities, boosting market confidence [1]. Group 2: Market Conditions - The ongoing escalation of the Russia-Ukraine conflict has improved the supply-demand dynamics in the oil and LNG transportation markets, alongside deepening energy cooperation along the Belt and Road Initiative [1]. - On September 8, the shipping sector rose by 3.41%, the natural gas sector by 1.35%, and the Belt and Road concept by 1.34% [2]. Group 3: Fund Flow Analysis - On September 8, the net inflow of main funds was 185 million yuan, accounting for 8.22% of the total trading volume, while retail investors saw a net inflow of 14.14 million yuan, representing 0.63% [1][2]. - In the five days leading up to September 8, the stock showed fluctuating fund flows, with notable net inflows and outflows from different investor categories [2].

Group 1 - Shipping concept stocks showed strong performance in early trading [1] - China Merchants Energy (招商南油) and China Merchants Industry (招商轮船) reached the daily limit up [1] - COSCO Shipping Energy (中远海能) increased by over 8% [1] - COSCO Shipping Special (中远海特) also experienced a rise [1]

Group 1 - The core viewpoint of the article highlights that COSCO Shipping Energy's stock price increased by nearly 10% following OPEC+'s announcement to raise oil production by 137,000 barrels per day in October, indicating a potential easing of the second layer of production cuts earlier than planned [1] - The increase in oil production is expected to boost demand for oil transportation, as noted by Guotai Junan Securities, which reaffirms that the demand for oil shipping will continue to grow [1] - The article mentions that while OPEC+ is accelerating production increases, the benefits may not be immediately realized due to factors such as Middle Eastern production being redirected for domestic consumption and reduced shipping distances due to shifts in U.S. Gulf exports to Europe [1] Group 2 - The expectation is that the benefits of increased production will gradually manifest in the second half of the year, particularly aiding the performance in Q4, as the industry remains optimistic about the outlook [1] - The article also points out that the end of the Middle Eastern domestic demand season and increased exports from South America could further support the anticipated growth in oil shipping demand [1]

Investment Rating - The report maintains a "Buy" recommendation for the oil tanker sector and dry bulk sector, highlighting potential opportunities in both areas [3][24]. Core Insights - The VLCC freight rates have continued to rise, with the Clarkson VLCC-TCE index reaching $56,000 on September 5, marking a week-on-week increase of 34% [1][10]. - The report emphasizes the elasticity of oil tanker rates as the market approaches the peak season, driven by expected OPEC+ production increases and recovering refinery utilization rates [19][20]. - The dry bulk market is anticipated to gradually recover, supported by low supply growth and potential demand increases from upcoming projects and economic factors [23]. Summary by Sections Focus on Oil Tankers and Dry Bulk Opportunities - VLCC freight rates have shown significant increases across various routes, with Middle East to China rates at $58,000/day, up 38% week-on-week [1][10]. - OPEC+ is expected to increase production by approximately 137,000 barrels per day in October, which may contribute to higher freight demand [19]. - Refinery utilization rates have improved, with major refineries operating at 81.59%, a 0.2 percentage point increase from the previous week [19]. Industry Data Tracking - The Baltic Dry Index (BDI) was reported at 1979 points, down 2.3% week-on-week, indicating a mixed performance in the dry bulk sector [23]. - The report notes that the supply side remains constrained, with only 10.4% of dry bulk vessels on order, suggesting limited capacity growth in the coming years [23]. Market Review - The transportation sector experienced a decline of 1.4% in the week, underperforming the CSI 300 index by 0.6 percentage points [64]. - Notable stock performances included significant gains for companies like China Merchants Energy and China Merchants Jinling, while others like Shentong Express saw declines [64]. Investment Recommendations - Continued recommendations for the oil tanker sector include China Merchants Energy, China Merchants Jinling, and China Merchants South Oil [24]. - For the dry bulk sector, recommendations include Haitong Development and China Merchants Jinling, with a suggestion to pay attention to Pacific Shipping [24].

Group 1 - The core viewpoint of the article highlights the strong performance of Hong Kong port transportation stocks, with notable gains in specific companies [1] Group 2 - China Merchants Energy (中远海能) saw an increase of over 9% in its stock price [1] - Other companies such as China Merchants Industry (中远海发), China National Foreign Trade Transportation Group (中国外运), and Pacific Shipping (太平洋航运) also experienced stock price increases [1]

Core Viewpoint - The shipping and port sector is experiencing significant activity, with multiple stocks reaching their daily limit up, driven by advancements in green transformation and smart upgrades in the Yangtze River shipping industry [1][2]. Group 1: Stock Performance - Stocks such as China Merchants Energy (招商南油) and China Merchants Shipping (招商轮船) have hit the daily limit up, while COSCO Shipping Energy (中远海能) rose over 8% [1]. - Other notable performers include China National Offshore Oil Corporation (国航远洋) up over 7%, Ningbo Ocean Shipping (宁波远洋) up over 6%, and Nanjing Port (南京港) up over 5% [1][2]. Group 2: Industry Developments - The Yangtze River shipping sector has made significant progress in green transformation, with over 1,000 new energy inland vessels already in operation [2]. - The construction of 132 new energy vessels on the Sichuan to Anhui section of the Yangtze River has been completed, with an additional 406 expected by 2025 [2]. - The use of shore power for vessels has become routine, with an expected electricity consumption of 190 million kilowatt-hours in 2024, effectively reducing carbon emissions [2]. Group 3: Market Opportunities - The demand for new energy vessels is rapidly increasing, including various power types such as lithium batteries and green methanol, which will drive the transformation and upgrade of shipbuilding enterprises [3]. - The push for smart port construction is increasing the demand for automation and intelligent upgrades in port facilities, creating new market opportunities for equipment manufacturers [3]. - The establishment of a smart shipping system is enhancing operational efficiency, significantly reducing time in processes such as vessel passage and anchoring, while green technologies are lowering operational costs and improving overall industry competitiveness [3]. Group 4: Key Listed Companies - COSCO Shipping Energy (中远海能) is a leading shipping company in China, heavily investing in the transformation towards new energy vessels [4]. - China Merchants Shipping (招商轮船) has a diversified fleet and is actively investing in new energy vessels and smart shipping, enhancing its market competitiveness [4]. - Ningbo Ocean Shipping (宁波远洋) has a strong presence in the Yangtze River Delta and excels in the smart upgrade of ports [4]. - Nanjing Port (南京港) is a crucial port in the lower Yangtze River, leading in smart and green port transformation, showcasing strong development potential [4].