南财智讯9月25日电，中远海特公告，公司副总经理顾卫东先生因工作调动原因，于2025年9月25日正式 提交了书面辞职函。根据相关法律法规，其辞职申请自送达公司董事会之日起生效。顾卫东先生与公司 及董事会无任何意见分歧，且已完成所有交接工作。 ...

中远海特 20250923 摘要 2025 年上半年，中远海特各项业务毛利占比最高的是汽车船，占比达到 30%；多用途船、重吊船和半潜船分别占比在 15%至 17%之间。多用途船毛 利率波动较大，在集运和散运景气度较高的年份可达 36%左右；重吊船表现稳 定，从 2020 年至 2024 年持续提升；半潜船租金均值较高，毛利率在 18.4% 至 25.6%之间。纸浆物流是十四五期间重点发展方向之一，其收入复合增长率 （CAGR）从 2020 年至 2024 年达到 70%，毛利 CAGR 为 58%。 中远海特在分红方面有哪些规划？ 中远海特是全球特种船运输领域的领军企业，拥有 151 艘各类船舶，总 载重吨达 614.6 万吨，尤其在半潜船和重吊船领域保持领先地位，纸浆 船业务跃居世界第二，汽车船业务也在迅速发展。 公司盈利能力显著提升，2024 年归母净利润达 15.3 亿元，同比增长 44%，突破历史高点。2025 年上半年净利润 8.2 亿元，同比增长 13%。受益于集运和散运景气外溢及战略布局，盈利中枢显著提升。 2025 年上半年，汽车船业务毛利占比最高，达 30%，多用途船、重吊 船和半潜船占比 ...

Market Performance - The shipping and port sector increased by 0.67% on September 24, with Nanjing Port leading the gains [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Individual Stock Performance - Nanjing Port (002040) saw a significant rise of 10.01%, closing at 11.98 with a trading volume of 437,200 shares and a turnover of 506 million yuan [1] - Other notable performers included: - China Merchants Heavy Industry (601872) up 2.87% to 8.96 with a turnover of 934 million yuan [1] - HNA Technology (600751) up 1.94% to 4.74 with a turnover of 238 million yuan [1] - COSCO Shipping Energy (600026) up 1.49% to 12.27 with a turnover of 654 million yuan [1] Declining Stocks - Ningbo Port (601018) decreased by 2.36% to 3.73 with a trading volume of 2,439,400 shares and a turnover of 909 million yuan [2] - Other declining stocks included: - Ningbo Ocean Shipping (601022) down 2.24% to 10.91 [2] - COSCO Shipping Specialized (600428) down 1.05% to 6.62 [2] Capital Flow Analysis - The shipping and port sector experienced a net outflow of 187 million yuan from main funds, while retail investors saw a net inflow of 105 million yuan [2] - Notable capital flows included: - China Merchants Heavy Industry (601872) had a main fund net inflow of 11.3 million yuan [3] - Nanjing Port (002040) saw a main fund net inflow of 31.56 million yuan [3] - COSCO Shipping Energy (600026) had a main fund net inflow of 39.95 million yuan [3]

Group 1 - Nanjing Port reached the daily limit increase, indicating strong market performance [1] - Ningbo Maritime increased by over 9%, reflecting positive investor sentiment [1] - Ningbo Port and Ningbo Ocean both rose by over 5%, contributing to the overall growth in the sector [1] - Lianyungang, COSCO Shipping Special, and Qingdao Port also experienced significant gains, showcasing a broad rally in the port and shipping industry [1]

Investment Rating - The report maintains a "Positive" investment rating for the transportation industry [13] Core Insights - The transportation industry is expected to see improvements in profitability across various sub-sectors in Q3 2025, driven by domestic demand recovery and resilient international demand [2][6][7][8][9][10][11][12] Summary by Sub-Sector Aviation - The aviation sector is experiencing subdued demand but is benefiting from reduced costs, leading to an overall improvement in profitability for Q3 2025. The international flight recovery remains strong, and oil prices have significantly decreased [6][19][24] Airports - Domestic airport traffic is recovering, with international flights also increasing. Revenue is expected to improve steadily, with key airports benefiting from both domestic and international demand growth [2][6][24][26] Express Delivery - The "anti-involution" policy is driving price increases in the express delivery sector, leading to improved profitability for e-commerce deliveries. However, operational costs are temporarily pressuring profit margins [2][6][28][30] Logistics - The logistics sector is stabilizing, with major players expected to see profit growth due to improved supply chain performance and resilient cross-border logistics profitability [2][6][7][31] Maritime Transport - The maritime sector is witnessing a divergence in profitability among different shipping types. While container shipping faces challenges, oil tanker profits are improving due to favorable market conditions [2][6][8][33][37] Ports - Port operations are expected to see improved profitability in bulk cargo handling, while container throughput remains resilient despite external pressures [2][6][9][39] Highways - Highway traffic is relatively stable, with a slight increase in profitability anticipated for Q3 2025, supported by steady freight and passenger traffic [2][10][41] Railways - Railway passenger and freight volumes are showing mixed trends, with a focus on opportunities arising from high-speed rail transformations. Overall, passenger transport is expected to grow, while freight transport is improving [2][11][43][44]

证券代码：600428 证券简称：中远海特 公告编号： 2025-044 中远海运特种运输股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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： 投资者可于 2025 年 9 月 22 日（星期一）至 9 月 26 日（星期五）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 info.cssc@coscoshipping.com 进行提问。公司将在说明会上对投资者普 遍关注的问题进行回答。 中远海运特种运输股份有限公司（以下简称"公司"）已于 2025 年 8 月 29 日发布公司 2025 年半年度报告，为便于广大投资者更全面 深入地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 9 月 29 日（星期一）16:00-17:00 举行 2025 年半年度业绩说明会， 就投资者关心的问题进行交流。 1 会议召开时间：2025 年 9 月 29 日 （星期一） 16:00-17:00 会议召开地点：上海证券交 ...

Group 1 - The National New Office will hold three press conferences on September 19, focusing on ecological environment protection and high-quality development, the successful practices of the Party's governance strategy in Xinjiang, and the achievements in women's comprehensive development [1][2][3] - The "2025 National Low-altitude Economy Industry-Education Integration Development Conference" will take place in Tianjin from September 19 to 21, discussing new paths and models for low-altitude economy integration [2] - A total of 12 companies will have their restricted shares unlocked today, with a total unlock volume of 472 million shares, amounting to a market value of 10.633 billion yuan [3] Group 2 - 14 companies have disclosed their stock repurchase progress, with five companies announcing new repurchase plans, three companies reporting on the implementation of repurchase plans, and six companies completing their repurchase plans [4] - The People's Bank of China will have 230 billion yuan of 7-day reverse repos maturing today, following a previous operation with an interest rate of 1.40% [5] - Economic data from Germany's PPI for August and Greece's current account for June will be published [6]

从解禁市值来看，5家公司解禁股数超亿元。浙江正特、德邦科技、中远海特解禁市值居前，解禁市值 分别为35.1亿元、28.17亿元、20.1亿元。 从解禁股数占总股本比例来看，4家公司解禁比例超10%。浙江正特、德邦科技、华宝新能解禁比例居 前，解禁比例分别为64.92%、37.56%、16.13%。 每经AI快讯，Wind数据显示，周五（9月19日），共有12家公司限售股解禁，合计解禁量为4.72亿股， 按最新收盘价计算，合计解禁市值为106.33亿元。 从解禁量来看，5家公司解禁股数超千万股。中远海特、浙江正特、德邦科技解禁量居前，解禁股数分 别为2.99亿股、7141.46万股、5342.24万股。 每日经济新闻 ...

Core Viewpoint - The stock of China Merchants Energy Transportation Co., Ltd. (中远海特) has shown fluctuations in trading activity, with a recent increase in share price and notable changes in shareholder structure and financial performance [1][2][3]. Financial Performance - For the first half of 2025, the company achieved a revenue of 10.775 billion yuan, representing a year-on-year growth of 44.05% [2]. - The net profit attributable to shareholders for the same period was 825 million yuan, reflecting a year-on-year increase of 13.08% [2]. Stock Performance - As of September 17, the stock price was 7.00 yuan per share, with a market capitalization of 19.207 billion yuan [1]. - Year-to-date, the stock has decreased by 0.30%, while it has increased by 5.11% over the last 20 trading days and by 16.45% over the last 60 trading days [1]. Shareholder Structure - As of July 31, the number of shareholders decreased by 6.27% to 87,200, while the average number of circulating shares per person increased by 6.69% to 24,620 shares [2]. - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 41.5851 million shares, an increase of 5.8779 million shares from the previous period [3]. Dividend Distribution - Since its A-share listing, the company has distributed a total of 3.689 billion yuan in dividends, with 1.641 billion yuan distributed over the past three years [3]. Business Overview - The company primarily engages in international maritime passenger and cargo transportation, chartering, leasing, and trading of vessels and containers, with shipping business accounting for 94.19% of its revenue [1].

Investment Rating - The transportation industry is rated as "Outperform" [2] Core Insights - Crude oil freight rates have significantly increased, with the China Import Crude Oil Composite Index (CTFI) rising by 14.3% to 1469.65 points as of September 11 [3][15] - The shipping market is experiencing a divergence in freight rates, with European routes seeing a decline while American routes continue to rise [16] - Cambodia's national airline plans to purchase 20 C909 aircraft from COMAC, and XPeng's eVTOL has received a flight certificate in the UAE [17][18] - Cainiao and Qatar Airways have formed a strategic partnership, with national social logistics totaling over 200 trillion yuan from January to July, reflecting a 5.2% year-on-year growth [23][25] Summary by Sections Industry Hot Events - Crude oil freight rates have surged, with the Middle East route freight rate increasing by 14.16% [14] - Cambodia's national airline intends to order 20 C909 aircraft, with 10 confirmed and 10 as intentions [17] - Cainiao and Qatar Airways have established a strategic cooperation to enhance cross-border e-commerce logistics [23] Industry High-Frequency Data Tracking - Air logistics prices remain stable, with the Shanghai outbound air freight price index at 4489.00 points, down 7.0% year-on-year [26] - The domestic freight volume for July increased by 15.04% year-on-year, with total express business volume reaching 164 billion pieces [51] Investment Recommendations - Focus on the equipment and manufacturing export chain, recommending companies like COSCO Shipping and China Merchants Energy [5] - Pay attention to the low-altitude economy investment opportunities, suggesting companies like CITIC Offshore Helicopter [5] - Consider investment opportunities in the road and rail sectors, recommending companies such as Gansu Expressway and Beijing-Shanghai High-Speed Railway [5] - Explore investment opportunities in the express delivery sector, recommending SF Express and Yunda [5]