中远海能8月29日披露半年报，公司上半年实现营业收入116.42亿元，同比下降2.55%；归属于上市公司 股东的净利润18.69亿元，同比下降29.16%；基本每股收益0.3919元。 ...

证券代码：600026 证券简称：中远海能 公告编号：2025-049 中远海运能源运输股份有限公司 二〇二五年第六次监事会会议决议公告 二、审议并通过《关于公司 2025 年半年度报告及中期业绩公告的议案》 经审议，监事会通过了《中远海运能源运输股份有限公司 2025 年半年度报 告》。 监事会全体成员对公司的2025年半年度报告发表如下意见： 1．公司2025年半年度报告的编制和审议程序符合法律、法规、公司章程和 公司内部管理制度的各项规定； 2．公司2025年半年度报告的内容和格式符合中国证券监督管理委员会、上 海证券交易所和香港联合交易所有限公司的相关规定，所包含的信息从各个方面 真实地反映出公司2025年上半年的经营管理和财务状况等事项； 1 3．参与公司2025年半年度报告编制和审议的人员没有违反保密规定的行为。 表决情况：4票赞成，0票反对，0票弃权。 本公司监事会及全体监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"中远海能"、"本公司"或"公 司"）二〇二五年第六次监事会会议通知和材料 ...

证券代码：600026 证券简称：中远海能 公告编号：2025-048 中远海运能源运输股份有限公司 二〇二五年第十一次董事会会议决议公告 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"中远海能"、"本公司"或"公 司"）二〇二五年第十一次董事会会议通知和材料于 2025 年 8 月 15 日以电子邮 件/专人送达形式发出，会议于 2025 年 8 月 29 日在上海市虹口区东大名路 670 号以现场及视频会议的方式召开。会议由公司董事长任永强先生主持，公司应出 席会议董事 9 名，实到 9 名。公司监事及高级管理人员列席了会议。会议的召开 符合《中华人民共和国公司法》和本公司《公司章程》的有关规定。与会董事听 取并审议通过了以下议案： 关联董事任永强先生、朱迈进先生、汪树青先生、王威先生、周崇沂女士对 该项议案回避表决。 表决情况：9 票赞成，0 票反对，0 票弃权。 二、审议并通过《关于公司 2025 年半年度报告及中期业绩公告的议案》 经审议，董事会批准发布公司 2025 年半 ...

中远海运能源运输股份有限公司 2025 年半年度报告 公司代码：600026 公司简称：中远海能 中远海运能源运输股份有限公司 2025 年半年度报告 二〇二五年八月 1 / 185 中远海运能源运输股份有限公司 2025 年半年度报告 重要提示 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 不适用 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划不构成公司对投资者的实质承诺，投资者及相关人士均应当对此 保持足够的风险认识，并且应当理解计划、预测与承诺之间的差异。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 四、 公司负责人任永强、主管会计工作负责人田超及会计机构负责人（会计主管人员）徐寅生 声明：保证半年度报告中财务报告的真实、准确、完整。 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大 ...

Group 1 - The core viewpoint of the news is that China Merchants Energy Transportation Co., Ltd. (中远海能) has reported a decline in revenue and net profit for the first quarter of 2025, indicating potential challenges in its financial performance [1] - As of August 25, 2025, the company's stock price closed at 10.8 yuan, with a slight increase of 0.09% and a trading volume of 760,900 hands, amounting to a transaction value of 816 million yuan [1] - The company's latest financial results show total operating revenue of 5.753 billion yuan, a year-on-year decrease of 4.01%, and a net profit attributable to shareholders of 708 million yuan, down 43.31% year-on-year [1] Group 2 - The company has a current liquidity ratio of 1.107 and a quick ratio of 0.973, indicating its short-term financial health [1] - The asset-liability ratio stands at 51.14%, reflecting the proportion of the company's assets that are financed by liabilities [1] - China Merchants Energy Transportation Co., Ltd. has made investments in 13 enterprises and participated in 73 bidding projects, showcasing its active engagement in the industry [2]

Core Viewpoint - VLCC freight rates have been rising since August due to OPEC+ production increases, U.S. tariffs on Russian oil imports via India, and short-term market influences, with rates expected to continue to rise as the industry enters its traditional peak season [1][2]. Group 1: VLCC Freight Rates - VLCC freight rates have rebounded from under $20,000/day at the end of July to $47,100/day by August 22, 2025, as per the CTFI index for the route from the Middle East to Ningbo, China [1][2]. - The VLCC market has shown resilience, with rates previously peaking at $72,200/day in late June before experiencing a decline due to market sentiment [2]. Group 2: OPEC+ Production Impact - OPEC+ has accelerated its production increase, with output rising from 138,000 barrels/day in April to 548,000 barrels/day in August, which is expected to boost compliant market demand for VLCCs [3]. - The decision to gradually cancel voluntary production cuts starting April 1, 2025, is anticipated to further influence the VLCC market positively [3]. Group 3: U.S. Sanctions on Iran - The U.S. has intensified sanctions on Iranian oil-related entities, including the addition of eight oil tankers to the SDN list, which is expected to impact Iranian oil exports and shift demand towards compliant markets [4]. - The sanctions are likely to benefit VLCC demand as transportation needs may pivot from Iranian sources to compliant markets in the Middle East and West Africa [4]. Group 4: Company Valuations - As of August 22, 2025, the estimated PE ratios for China Merchants Energy and COSCO Shipping Energy are 10.16x and 8.66x, respectively, indicating potential investment opportunities in these companies [5].

Core Viewpoint - The stock price of COSCO Shipping Energy Transportation Co., Ltd. (中远海能) rose by 5.58% to 10.79 yuan as of the market close on August 22, 2025, indicating positive market sentiment towards the company [1]. Group 1: Stock Performance - The trading volume on that day reached 1.496 billion yuan, with a turnover rate of 4.00% [1]. - The stock experienced a net inflow of 126 million yuan from main funds, with a cumulative net inflow of 82.632 million yuan over the past five days [1]. - The stock price broke through the six-month moving average, with the latest price showing a deviation rate of 3.74% from the six-month average [1]. Group 2: Company Overview - COSCO Shipping Energy is primarily engaged in the transportation of crude oil and refined oil, both internationally and along China's coastal regions, and also involves liquefied natural gas transportation [1]. - The company is recognized as one of the leading energy transportation enterprises globally, with operations covering multiple major shipping routes [1].

Core Insights - The shipping and port sector experienced a rise of 0.67% on August 22, with China Merchants Energy leading the gains [1] - The Shanghai Composite Index closed at 3825.76, up 1.45%, while the Shenzhen Component Index closed at 12166.06, up 2.07% [1] Sector Performance - China Merchants Energy (601872) closed at 6.59, with a gain of 6.12% and a trading volume of 2.27 million shares, amounting to a transaction value of 1.485 billion [1] - COSCO Shipping Energy (600026) closed at 10.79, up 5.58%, with a trading volume of 1.39 million shares [1] - Tianjin Port Development (600717) closed at 5.25, gaining 3.75% with a trading volume of 1.04 million shares [1] - Other notable performers include China Merchants South Oil (601975) with a 2.75% increase and Guangzhou Port (601228) with a 1.48% increase [1] Fund Flow Analysis - The shipping and port sector saw a net inflow of 71.94 million in institutional funds, while retail funds experienced a net inflow of 146 million [2] - However, speculative funds recorded a net outflow of 218 million [2]

Group 1 - COSCO Shipping Energy (中远海能) saw its stock price rise over 8% in early trading, currently up 6.14% at HKD 7.09, with a trading volume of HKD 253 million [1] - The U.S. President issued an executive order imposing an additional 25% tariff on India's continued purchase of Russian oil, raising India's total import tariff to 50% [1] - Shenwan Hongyuan noted that U.S. sanctions on Iran have led to a continuous decline in Iranian crude oil exports for three weeks, while U.S. pressure on India to reduce Russian oil purchases has decreased Russian crude exports to India [1] Group 2 - According to CICC, since April this year, OPEC+ has been increasing production, but maritime export volumes have not increased correspondingly [1] - The summer season is a peak oil consumption period for the Middle East and Europe, while the recent domestic seasonal off-peak period has kept export volumes and freight rates at low levels [1] - Vortexa data indicates that OPEC+ exports from eight countries are expected to increase from September to November 2024, and after the end of the Middle East's peak oil consumption season in Q3, OPEC+ production increases may boost maritime export volumes, with freight rate elasticity expected to manifest in Q4 [1]

Group 1 - The Shanghai Composite Index rose by 0.13% to close at 3771.1 points, while the Hang Seng Index fell by 0.24% to 25104.61 points [1] - China Merchants Energy Transportation Co., Ltd. (stock code: 600026.SH, 1138.HK) has an AH premium of 66.52%, ranking 51st among AH shares [1] - The A-shares of China Merchants Energy closed at 10.22 yuan, with an increase of 0.39%, while the H-shares closed at 6.68 HKD, rising by 2.77% [1] Group 2 - China Merchants Energy was established on June 6, 2016, in Shanghai and is a specialized company under China Ocean Shipping Group Co., Ltd., engaged in the storage and transportation of oil products, liquefied natural gas, liquefied petroleum gas, and chemicals [1] - The company aims to become a comprehensive energy transportation solution provider, covering over 300 global ports and serving more than 200 domestic and international clients with customized services [1] - China Merchants Energy focuses on two core businesses: tanker transportation and LNG transportation, boasting the world's largest tanker fleet capacity and a complete range of tanker types [1]