Group 1 - The announcement from China COSCO Shipping Special Transportation Co., Ltd. (中远海特) states that a total of 298,634,812 restricted shares will be listed for circulation, accounting for 10.88% of the company's total share capital [2] - The restricted shares originate from an A-share issuance approved by the China Securities Regulatory Commission on December 25, 2024, with the main subscriber being the indirect controlling shareholder, China COSCO Shipping Group Co., Ltd. [2] - The lock-up period for shares subscribed by China COSCO Shipping Group is 18 months, while other subscribers have a lock-up period of 6 months, with the circulation date set for September 19, 2025 [2] Group 2 - The company was established on December 8, 1999, with a registered capital of 2,743.92 million RMB and is primarily engaged in ocean and coastal cargo transportation [2] - The company reported operating revenues of 16.78 billion RMB, 5.196 billion RMB, and 10.775 billion RMB for the years 2024, 2025 (Q2), and the corresponding period, with year-on-year growth rates of 37.57%, 51.47%, and 44.05% respectively [3] - The net profit attributable to the parent company for the same periods was 1.531 billion RMB, 345 million RMB, and 825 million RMB, with year-on-year growth rates of 43.82%, 1.56%, and 13.08% respectively [3] Group 3 - The company's asset-liability ratios for the years 2024, 2025 (Q2), and the corresponding period were 60.52%, 55.87%, and 58.04% respectively [3] - The company has 21 affiliated companies, including Guangzhou Yuanxin Investment Co., Ltd. and Shanghai COSCO Shipping Special Transportation Co., Ltd. [3] - The company has a total of 79 risk alerts in its own records, with 835 surrounding risk alerts and 520 warning alerts [3]

证券代码：600428 证券简称：中远海特 公告编号：2025-043 中远海运特种运输股份有限公司 关于向特定对象发行股票 部分限售股上市流通的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 本次股票上市类型为非公开发行股份；股票认购方式为网下， 上市股数为298,634,812股。 本次股票上市流通总数为298,634,812股。 二、本次限售股形成后至今公司股本数量变化情况 本次限售股形成后至今公司股本总数未发生变化。截至本公 告披露日，公司股本总数为 2,743,920,395 股。 三、本次限售股上市流通的有关承诺 本次股票上市流通日期为2025 年 9 月 19 日。 一、本次限售股上市类型 2024 年 12 月 25 日，公司收到中国证券监督管理委员会（以 下简称"中国证监会"）出具的《关于同意中远海运特种运输股 份有限公司向特定对象发行股票注册的批复》（证监许可〔2024〕 1872 号）批准，同意中远海运特种运输股份有限公司（以下简称 "公司"或"中远海特"）向特定对象发行 A 股 ...

中信建投证券股份有限公司 关于中远海运特种运输股份有限公司 向特定对象发行股票部分限售股份解除限售上市流通的核 查意见 中信建投证券股份有限公司（以下简称"中信建投证券"或"保荐人"）作 为中远海运特种运输股份有限公司（以下简称"中远海特"或"公司"）向特定 对象发行股票的保荐人，根据《证券发行上市保荐业务管理办法》《上海证券交 易所股票上市规则》《上海证券交易所上市公司自律监管指引第 1 号——规范运 作》等相关法律法规，对公司向特定对象发行股票部分限售股份解除限售上市流 通事项进行了核查，具体情况如下： 一、本次限售股上市类型 2024 年 12 月 25 日，公司收到中国证券监督管理委员会（以下简称"中国 证监会"）出具的《关于同意中远海运特种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〔2024〕1872 号）批准，同意公司向特定对象发行 A 股普通股 597,269,624 股。 2025 年 3 月 18 日，公司披露《关于向特定对象发行股票结果暨股本变动公 告》，本次向特定对象发行新增股份于 2025 年 3 月 17 日在中国证券登记结算有 限责任公司上海分公司办理完毕登记手续， ...

Group 1 - The company will hold its first extraordinary general meeting of shareholders in 2025 on September 25 at 16:00 [1][3] - The meeting will be conducted using a combination of on-site and online voting methods [1][3] - The on-site meeting will take place at the company's conference room located at 20th Floor, Guangzhou Ocean Building, 20 Huacheng Avenue, Tianhe District, Guangzhou, Guangdong Province [1][3] Group 2 - The online voting system will be the Shanghai Stock Exchange's shareholder meeting online voting system, available from 9:15 to 15:00 on the day of the meeting [1][3] - Shareholders can vote through the trading system or the internet voting platform [4][5] - Specific voting procedures for margin trading, transfer, and other related accounts are outlined in accordance with relevant regulations [1][4] Group 3 - The meeting will review several proposals, with the first proposal already approved by the company's board [2][4] - Special resolutions and proposals requiring separate counting for minority investors will be included in the agenda [4][5] - Related shareholders, such as China Ocean Shipping Company and others, are required to abstain from voting on certain proposals [4][5] Group 4 - Shareholders must complete voting for all proposals before submission [7] - The cumulative voting system will be used for electing directors and independent directors [8][19] - Detailed registration methods for attending the meeting are provided, including necessary documentation for both individual and corporate shareholders [11][12][13]

中远海运特种运输股份有限公司 关于召开2025年第一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： 证券代码：600428 证券简称：中远海特 公告编号：2025-042 召开的日期时间：2025 年 9 月 25 日 16 点 00 分 召开地点：广东省广州市天河区珠江新城花城大道 20 号广州远洋大厦 20 楼 公司会议室 股东大会召开日期：2025年9月25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)股东大会类型和届次 2025年第一次临时股东大会 (二)股东大会召集人：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 (五)网络投票的系统、起止日期和投票时间。 一、 召开会议的基本情况 (四)现场会议召开的日期、时间和地点 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 25 日至2025 年 9 月 25 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的 ...

中远海运特种运输股份有限公司 2025 年第一次临时股东大会会议资料 广州远洋大厦 20 楼公司会议室 会 议 方 式 ：现场记名投票与网络投票（上海证券交易所股东大会 网络投票系统）相结合方式 现场会议议程： 四、由董事会秘书宣读会议议案 1.关于全资子公司光租4艘9000吨特种液货船暨关联交易的议案 2.关于公司聘任 2025 年度审计师的议案 二○二五年九月 1 中远海运特种运输股份有限公司 2025 年第一次临时股东大会会议议程 现场会议时间：2025 年 9 月 25 日下午 16:00 2 网络投票时间：通过交易系统投票平台的投票时间为 2025 年 9 月 25 日 9:15-9:25，9:30-11:30，13:00-15:00；通过互联 网投票平台的投票时间为 9 月 25 日 9:15-15:00。 现场会议地点：广东省广州市天河区珠江新城花城大道 20 号 15:45 股东签到 16:00 会议开始 一、主持人致辞并宣布出席现场会议情况 二、主持人请大会推荐监票人 三、主持人宣布会议开始 6.关于选举公司第九届董事会董事的议案 7.关于选举公司第九届董事会独立董事的议案 五、公司董事、监 ...

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]

Core Insights - The shipping and port sector experienced a rise of 0.55% on September 5, with China Merchants Energy leading the gains [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] Sector Performance - The top performers in the shipping and port sector included: - China Merchants Tire (601872) with a closing price of 7.22, up 5.87%, and a trading volume of 1.6672 million shares, totaling 1.193 billion yuan [1] - COSCO Shipping Energy (600026) closed at 11.08, up 4.73%, with a trading volume of 1.1022 million shares, totaling 1.206 billion yuan [1] - HNA Technology (600751) closed at 4.26, up 3.90%, with a trading volume of 535,300 shares, totaling 224 million yuan [1] Market Capital Flow - The shipping and port sector saw a net inflow of 186 million yuan from main funds, while retail investors experienced a net outflow of 89.98 million yuan [2] - The sector's overall trading activity indicated a mixed sentiment among different investor types, with institutional investors showing a positive trend [2]

Investment Rating - The report maintains a "Buy" rating for the company, with a market price of RMB 6.77 and a sector rating of "Outperform" [1] Core Views - The company's performance in the first half of 2025 shows significant growth, with operating revenue reaching RMB 10.775 billion, a year-on-year increase of 44.05%, and net profit attributable to shareholders of RMB 825 million, up 13.08%. The non-recurring net profit attributable to shareholders surged by 52.77% to RMB 835 million [3][8] - The growth is primarily driven by substantial increases in revenue from car carriers and heavy-lift vessels, indicating a positive outlook for future performance due to multi-vessel synergy and increasing capacity [3][5] Summary by Sections Financial Performance - In the first half of 2025, the company achieved operating revenue of RMB 10.775 billion, a 44.05% increase year-on-year, and a net profit of RMB 825 million, reflecting a 13.08% growth. The non-recurring net profit reached RMB 835 million, marking a 52.77% increase [3][8] - The revenue from car carriers saw a remarkable increase of 439.87% to RMB 1.854 billion, with charter rates reaching USD 53,049.58 per day, up 67.29% [8] Revenue Projections - The report maintains previous profit forecasts, expecting net profits attributable to shareholders to be RMB 1.937 billion, RMB 2.361 billion, and RMB 2.670 billion for 2025, 2026, and 2027 respectively, with growth rates of 26.6%, 21.9%, and 13.1% [5][7] Market Outlook - The special vessel segment is expected to maintain a favorable market condition, with strong demand for project cargo transport, particularly in wind power equipment, and stable supply chains for pulp carriers [8] - The report highlights that the Chinese automotive export market remains robust, with exports reaching 3.083 million vehicles in the first half of 2025, a 10.4% increase year-on-year, indicating sustained demand for car carriers [8]

Investment Rating - The transportation industry is rated as "Outperform" [2] Core Insights - The report highlights a mixed performance in shipping rates, with a decline in European routes and a rebound in American routes. The overall trend in oil shipping rates has shown a recent correction [3][16] - EHang has deepened its cooperation with the Hefei government, and a significant order of 120 aircraft has been signed between Agricultural Bank of China Financial Leasing and Volant Aviation [3][17] - Yunda's revenue increased by 6.8% year-on-year in the first half of 2025, while J&T Express's market share in Southeast Asia rose to 32.8% [3][24] Summary by Sections Industry Hot Events - Oil shipping rates have corrected, with European routes declining and American routes rebounding. The China Import Oil Comprehensive Index (CTFI) was reported at 1273.82 points, up 10.3% from the previous week [3][15] - EHang signed an investment cooperation agreement with the Hefei government, establishing a headquarters for its VT35 eVTOL series in Hefei, with a total order value of 3 billion yuan for 120 aircraft [3][17][18] - Yunda's revenue reached 24.833 billion yuan in the first half of 2025, a 6.8% increase year-on-year, while J&T Express reported a total revenue of 5.5 billion USD, a 13.1% increase [3][24][26] Industry High-Frequency Data Tracking - In August 2025, the air cargo price index for routes from China to the Asia-Pacific region remained stable, with the Shanghai outbound air cargo price index at 4392.00 points, down 8.3% year-on-year [27][28] - The domestic freight volume for July 2025 increased by 15.04% year-on-year, with total express business volume reaching 164 billion pieces [54] - The shipping container index (SCFI) was reported at 1445.06 points, with a week-on-week increase of 2.10% but a year-on-year decrease of 51.24% [42] Investment Recommendations - The report suggests focusing on the equipment and manufacturing export chain, recommending companies such as COSCO Shipping, China Merchants Energy Shipping, and Huamao Logistics [5] - It also highlights investment opportunities in the low-altitude economy, public transportation, and express delivery sectors, recommending companies like SF Express, J&T Express, and Yunda [5]