| 证券代码：600482 | 证券简称：中国动力 | | 公告编号：2025-046 | | --- | --- | --- | --- | | 债券代码：110808 | 债券简称：动力定 | 02 | | 中国船舶重工集团动力股份有限公司 第八届董事会第十四次会议决议公告 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。 中国船舶重工集团动力股份有限公司（以下简称"公司"）第八届董事会第十四次 会议于 2025 年 7 月 3 日上午 9:00 以现场结合通讯方式召开，会议通知于 2025 年 6 月 25 日以专人送达或电子邮件方式发出。公司应出席董事 10 名，实际出席董事 10 名， 其中以通讯表决方式出席本次会议的董事 8 名。会议由公司董事长李勇先生主持召开， 公司监事、高级管理人员列席了会议。 本次会议的召开符合《中华人民共和国公司法》等法律、行政法规及规范性文件 和《中国船舶重工集团动力股份有限公司章程》（以下简称"《公司章程》"）的有 关规定。 经与会董事审议，一致通过如下决议： 一、审议通过《关于聘任公司 ...

| 证券代码：600482 | 证券简称：中国动力 | | 公告编号：2025-045 | | --- | --- | --- | --- | | 债券代码：110808 | 债券简称：动力定 | 02 | | 中国船舶重工集团动力股份有限公司 可转债转股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： ●本季度转股情况：2025 年第二季度，中国船舶重工集团动力股份有限公司（以 下简称"公司"）定向可转债"动力定 02"余额因转股减少 1,950,000 元。 ●累计转股情况：截至 2025 年 6 月 30 日，公司定向可转债"动力定 02"累计因 转股减少金额 1,198,252,000 元，累计形成 59,921,739 股，占可转债转股前已发行股份 总额的 2.7733%。考虑已摘牌的定向可转债"动力定 01"，累计转股占可转债转股前 已发行股份总额的 4.2663%。 ●未转股可转债情况：截至 2025 年 6 月 30 日，公司定向可转债"动力定 02"剩 余可转债余额为 301 ...

Investment Rating - The report maintains an "Overweight" rating for the transportation industry, indicating expectations for the industry to outperform the overall market [11]. Core Insights - The shipping sector is expected to see performance improvements driven by a shift in oil production policies and a tightening supply of older vessels, with demand for small container ships increasing due to regional industrial shifts [1][2]. - The shipbuilding market is anticipated to recover as demand is expected to rebound following the easing of trade tensions, with new orders and ship prices likely to rise [2]. - The aviation sector is experiencing steady growth in passenger traffic, with a narrowing decline in ticket prices, suggesting a recovery in airline revenues [2]. - The express delivery industry is facing a decline in growth rates, with increased competition in the mid-to-high-end e-commerce segment, but companies like SF Express are expected to maintain strong growth [2][3]. Shipping Sector Summary - The demand for oil tankers and bulk carriers is improving, with Q2 performance estimates showing significant increases for companies like COSCO Shipping Energy and China Merchants Energy [2]. - The small container ship market is experiencing rising charter rates and second-hand prices, with a tight supply situation expected to persist until at least 2030 [2]. Shipbuilding Sector Summary - The easing of the 301 tariffs is expected to release pent-up demand in the shipbuilding market, with new orders likely to increase as trade relations improve [2]. - The report highlights that China's shipbuilding industry is recovering from previous pressures, with new orders returning to a leading position [2]. Aviation Sector Summary - The aviation market is entering a peak season with stable growth in passenger numbers, and airlines are expected to benefit from improved cost structures due to lower fuel prices [2]. - Recommendations include major airlines such as China Southern Airlines and China Eastern Airlines, which are projected to return to profitability [3]. Express Delivery Sector Summary - The express delivery industry is seeing a decrease in growth rates, with competition intensifying in the e-commerce segment, particularly for mid-to-high-end services [2]. - Despite the overall slowdown, SF Express is expected to continue its high growth trajectory, driven by operational expansions and new service offerings [2]. Road and Rail Sector Summary - The report anticipates stable growth in highway traffic and toll revenues, with recommendations for companies like Zhejiang Expressway and Ninghu Expressway [2]. - Rail passenger traffic is also expected to grow, albeit at a slower pace, with recommendations for high-speed rail companies [2].

| 证券代码：600482 | 证券简称：中国动力 | 公告编号：2025-043 | | --- | --- | --- | | 债券代码：110808 | 债券简称：动力定02 | | 中国船舶重工集团动力股份有限公司 ●公司不存在逾期提供担保的情况。 ●特别风险提示：无 一、担保情况概述 关于为所属子公司提供担保的进展情况公告 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： ●被担保人名称：被担保人为中国船舶重工集团动力股份有限公司（以下简称 "公司"或"中国动力"）间接控股子公司哈尔滨广瀚燃气轮机有限公司（以下 简称"广瀚燃机"）、哈尔滨广瀚动力传动有限公司（以下简称"广瀚传动"）。 ●担保金额及已实际为其提供的担保余额：本次新增公司向广瀚燃机提供担保 合同金额42,324万元，担保余额38,639万元，向广瀚传动提供担保合同金额2,842.80 万元，担保余额286.24万元（以上担保余额均含本次新增）。 ●本次担保是否有反担保：本次新增担保有反担保。 公司分别于2025年4月24日、2025年5月2 ...

| 证券代码：600482 | 证券简称：中国动力 | 公告编号：2025-044 | | --- | --- | --- | | 债券代码：110808 | 债券简称：动力定02 | | 中国船舶重工集团动力股份有限公司 中国船舶重工集团动力股份有限公司董事会 二〇二五年七月一日 1 中国船舶重工集团动力股份有限公司（以下简称"中国动力"、"公司"）拟 通过发行可转换公司债券及支付现金的方式向中国船舶工业集团有限公司购买其 持有的中船柴油机有限公司 16.5136%股权，并向不超过 35 名特定投资者发行可转 换公司债券募集配套资金（以下简称"本次交易"）。 2025 年 6 月 30 日，公司收到上海证券交易所（以下简称"上交所"）出具的 《关于受理中国船舶重工集团动力股份有限公司发行股份购买资产并募集配套资 金申请的通知》(上证上审（并购重组）〔2025〕44 号）。上交所依据相关规定对 申请文件进行了核对，认为申请文件齐备，符合法定形式，决定予以受理并依法 进行审核。 本次交易尚需上交所审核通过，并经中国证券监督管理委员会予以注册及相关 法律法规所要求的其他可能涉及的必要批准、核准、备案或许可（如需） ...

中国动力（600482）公告，公司拟通过发行可转换公司债券及支付现金的方式向中国船舶工业集团有限 公司购买其持有的中船柴油机有限公司16.5136%股权，并向不超过35名特定投资者发行可转换公司债 券募集配套资金。2025年6月30日，公司收到上海证券交易所出具的《关于受理中国船舶重工集团动力 股份有限公司发行股份购买资产并募集配套资金申请的通知》。上交所依据相关规定对申请文件进行了 核对，认为申请文件齐备，符合法定形式，决定予以受理并依法进行审核。本次交易尚需上交所审核通 过，并经中国证券监督管理委员会予以注册及相关法律法规所要求的其他可能涉及的必要批准、核准、 备案或许可(如需)后方可正式实施。 ...

Group 1 - The ocean economy is a significant driver of GDP growth, with the national marine production value expected to exceed 10 trillion yuan in 2024, accounting for 7.8% of the GDP, and contributing 11.5% to economic growth [1][8] - The government has highlighted "deep-sea technology" in its reports, indicating its importance alongside commercial aerospace and low-altitude economy, suggesting a rapid development potential in deep-sea equipment and exploration [1][8] - The deep-sea technology sector is identified as a key pillar for building a maritime power, encompassing three main areas: deep-sea materials, deep-sea equipment manufacturing, and deep-sea digital applications [3][17] Group 2 - Various provinces and cities are accelerating the development of marine economy, with policies focusing on high-end, intelligent, and green development, and establishing multi-level industrial systems [2][13] - Shanghai's marine industry development plan (2025-2035) proposes a "3+5+X" industrial system, while Guangdong's regulations emphasize support for eight emerging marine industry clusters [2][14] - The deep-sea materials sector is crucial for deep-sea technology, involving structural and buoyancy materials necessary for the development of marine resources, with a focus on high-performance steel, alloy materials, and composite materials [3][21] Group 3 - The deep-sea equipment sector is essential for supporting deep-sea development, facing challenges from complex underwater environments, with significant growth in China's shipbuilding industry, which saw a 13.8% increase in completed shipbuilding volume in 2024 [4][26] - The deep-sea digitalization and intelligence sector is a vital direction for deep-sea technology development, aiming to create a "digital ocean" that enhances marine decision-making and governance through advanced information technologies [5][17] - The report suggests focusing on marine engineering equipment manufacturing, marine equipment components, and marine observation instruments as key areas for investment [4][26]

Core Points - The China Securities Index for State-Owned Enterprises in Strategic Emerging Industries (932266) increased by 1.29% to 1385.44 points, with a trading volume of 17.697 billion yuan [1] - Over the past month, the index has risen by 0.06%, but it has decreased by 6.50% over the last three months and by 2.14% year-to-date [1] Index Composition - The index is customized by China Chengtong Holdings Group and includes 50 state-owned enterprises with high growth potential from the strategic emerging industries [1] - The top ten weighted stocks in the index are: BOE Technology Group (10.05%), Northern Rare Earth (9.58%), Shengyi Technology (5.5%), Hu Silicon Industry (4.69%), China Power (4.0%), AVIC Chengfei (3.93%), Huahong Semiconductor (3.33%), Shenghe Resources (2.85%), Chipone Technology (2.71%), and Dingsheng Technology (2.63%) [1] - The index's market composition shows that the Shanghai Stock Exchange accounts for 57.33%, the Shenzhen Stock Exchange for 42.50%, and the Beijing Stock Exchange for 0.17% [1] Industry Breakdown - The industry composition of the index includes: Information Technology (40.79%), Industrials (32.22%), Materials (19.09%), Communication Services (3.41%), Healthcare (2.55%), Consumer Staples (1.58%), and Utilities (0.37%) [2] - The index samples are adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [2] - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [2]

Group 1 - The report analyzes the development trends and future prospects of the global and Chinese power battery precursor and cathode market from 2025 to 2031 [1][3] - It categorizes power battery precursors and cathodes into several types, including NCA, NMC, natural graphite, synthetic graphite, and others [4][5] - The report provides sales growth trends for different product types and applications, including lithium-ion batteries, nickel-hydrogen batteries, lithium cobalt oxide batteries, lithium manganese oxide batteries, and lithium iron phosphate batteries [4][5] Group 2 - The global power battery precursor and cathode market is expected to see significant growth in capacity, production, and demand from 2020 to 2031 [2][4] - The report forecasts the supply and demand situation, production capacity, output, and utilization rates for the global market [2][4] - It also includes a detailed analysis of the market size and growth trends in major regions, including North America, Europe, China, Japan, Southeast Asia, and India [5][6] Group 3 - The report highlights the market share and sales performance of major manufacturers in the global and Chinese markets, including LG, BASF, and others [6][7] - It provides insights into the production bases, sales regions, competitors, and market positions of key players [6][7] - The analysis includes sales volume, revenue, price trends, and profit margins for these manufacturers from 2020 to 2025 [6][7] Group 4 - The report discusses the competitive landscape of the power battery precursor and cathode industry, including market concentration and competition levels [6][7] - It identifies the top manufacturers and their market shares, as well as the investment and merger activities within the industry [6][7] - The report also examines the industry chain, manufacturing processes, upstream supply conditions, and downstream customer analysis [8][9]

Core Viewpoint - The China Securities Shipping Index (CS Shipping, 930718) is currently at 1812.99 points, reflecting a slight decline in the shipping sector over the past month, while showing a modest increase over the last three months [1][2]. Group 1: Index Performance - The CS Shipping Index has decreased by 0.41% over the past month, increased by 3.52% over the last three months, and has declined by 1.08% year-to-date [2]. - The index is designed to represent the overall performance of listed companies in the shipping industry, including sectors such as waterway transportation, port operations, shipbuilding, container manufacturing, and freight forwarding [2]. Group 2: Index Composition - The top ten weighted companies in the CS Shipping Index are: COSCO Shipping Holdings (11.55%), China Shipbuilding Industry (9.29%), China State Shipbuilding (8.73%), China Power (4.97%), China Merchants Energy Shipping (4.44%), Shanghai Port Group (3.35%), COSCO Shipping Energy (3.08%), China International Marine Containers (2.99%), Ningbo Port (2.93%), and HaiLanXin (2.58%) [2]. - The index is primarily composed of companies listed on the Shanghai Stock Exchange, which accounts for 82.62% of the index, while the Shenzhen Stock Exchange accounts for 17.38% [3]. Group 3: Index Adjustment Mechanism - The index samples are adjusted semi-annually, with adjustments occurring on the next trading day after the second Friday of June and December each year [4]. - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [4].