Core Viewpoint - China Shipbuilding Defense (中船防务) has seen a significant stock price increase, attributed to the announcement of a merger within the China Shipbuilding Group, indicating a strategic move towards resource integration within the industry [1] Group 1: Company Developments - As of the latest report, China Shipbuilding Defense's stock rose over 6%, currently trading at 16.67 HKD with a transaction volume of 102 million HKD [1] - On August 4, China Shipbuilding Industry Co., Ltd. announced plans to absorb China Shipbuilding Heavy Industry Co., Ltd. through the issuance of A-shares, which has received approval from the China Securities Regulatory Commission [1] - Following the merger, China Shipbuilding Heavy Industry will lose its independent status and be deregistered, marking a significant restructuring within the group [1] Group 2: Market Expectations - Market analysts view this merger as a crucial step in the internal resource consolidation of the China Shipbuilding Group, with potential future integration of China Shipbuilding Defense, leading to a "three-ship merger" scenario [1] - Jianyin International has revised its profit forecasts for China Shipbuilding Defense for 2025 to 2027, increasing net profit estimates by 24% to 32% due to seasonal factors in shipbuilding profitability and more optimistic gross margin assumptions [1] - The subsidiary Huangpu Wenchong is reported to hold approximately 54 billion RMB in new ship orders, which is expected to support an average annual compound growth rate of 70% in profits from 2025 to 2027 [1]

8月4日，上证指数涨0.66%，收报3583.31点，恒生指数涨0.92%，收报24733.45点。 中船防务AH溢价达91.53%，位居AH股溢价率第37位。当日收盘，中船防务A股报28.19元，涨幅 3.3%，H股报16.1港元，上涨7.33%。 本文源自：金融界 资料显示，中船海洋与防务装备股份有限公司是中国船舶集团有限公司属下的大型造船骨干企业之一, 其前身是广州广船国际股份有限公司。公司于1993年在上海和香港上市,是中国第一家A+H股上市造船 企业。 为推动行业兼并整合,实现战略性产能布局,增强综合竞争力,2014年、2015年,中船防务先后收购 了中船龙穴造船有限公司、中船黄埔文冲船舶有限公司,完成了对中船集团在华南地区优质造船资产的 整合,成为集海洋防务装备、海洋运输装备、海洋开发装备和海洋科考装备四大海洋装备于一体的大型 综合性海洋与防务装备企业集团。 今天,中船防务已经描绘出了致力于"成为全球海洋与重型装备市场技 术领先、服务卓越的一流企业"的宏伟蓝图。 *注：AH股是指同时在A股和港股上市的公司，溢价（A/H）越大，说明H股相比A股越便宜。 作者：行情君 ...

证券之星消息，8月4日航海装备板块较上一交易日上涨1.6%，国瑞科技领涨。当日上证指数报收于 3583.31，上涨0.66%。深证成指报收于11041.56，上涨0.46%。航海装备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300600 | 国瑞科技 | 17.50 | 7.36% | 47.45万 | | 8.09亿 | | 300810 | 中刺海讯 | 45.82 | 6.81% | 10.95万 | | 4.90亿 | | 600764 | 中国海防 | 36.20 | 5.17% | 22.25万 | | 7.97亿 | | 300008 | 天海防务 | 7.03 | 4.15% | 129.95万 | | 9.02亿 | | 068109 | 亚星锚链 | 10.52 | 3.34% | 54.40万 | | 5.65亿 | | 600685 | 中船防务 | 28.19 | 3.30% | 19.44万 | | 5.42 乙 | | 3 ...

对于军工板块的走强，中信建投（601066）表示，军工板块基本面已经开始加速回暖，2025年上半年各 类催化剂特别是订单公告有望持续兑现，业绩拐点已经出现，军工板块具有持续投资价值。同时，商业 航天、低空经济等新域新质方向下半年可能受商业火箭发射等事件影响产业加速发展。 中航证券同样指出，当前，"十四五"规划已步入收官冲刺阶段，八一建军节、"九三"阅兵等多重时间坐 标的叠加，正推动军工板块迎来前所未有的格局重塑。从市场表现来看，军工板块近期呈现月线三连阳 的强势走势，叠加"九三"阅兵的催化效应，板块短期出现冲高行情。 这里证券之星为大家整理了部分航母板块概念股，需要注意的是，相关概念股仅供投资者参考，不构成 任何投资建议。 1、中国船舶：公司从事造船、修船、海洋工程及机电设备业务，参与辽宁舰、山东舰及福建舰总体设 计与建造，提供技术支持与核心部件研制，有电磁弹射适配等技术。 2、中国重工（601989）：公司主营海洋防务、开发等业务，旗下研究所参与辽宁舰及首艘国产航母总 体设计，有航母甲板钢等技术优势，海洋防务装备布局完善。 8月4日，军工概念股表现活跃，航母概念、军民融合、大飞机等分支全线大涨。其中，爱乐达 ...

建银国际发布研报称，中船防务公司估值具吸引力，重申对其"跑赢大市"评级，该行对中船防务目标价 为23.7港元，以反映公司盈利能见度提升及贸易紧张局势缓和。另考虑到公司强劲的盈利增长前景。报 告指出，基于造船业利润的季节性因素，加上毛利率假设较先前预期更乐观，将中船防务2025至27年净 利润预测上调24%至32%。预计附属公司黄埔文冲目前持有约540亿元人民币的新船订单储备，将支持 2025至27年盈利年均复合增长率达70%。 本文源自智通财经网 智通财经获悉，中船防务(00317)涨超5%，截至发稿，涨4.6%，报15.69港元，成交额6022.32万港元。 消息面上，中船防务近期发盈喜，公司预计2025年半年度实现归属于母公司所有者的净利润人民币4.6 亿元到5.4亿元，同比增加213.25%到267.73%。申万宏源指出，2025半年度业绩预增均超预期，国内船 企利润释放得到验证。新船订单量1-6月同比下滑，6月环比回升。该行认为，后续船价与订单量有望进 一步回升，带动中国造船企业手持订单重回上涨趋势。 ...

中船防务（600685）(00317)涨超5%，截至发稿，涨4.6%，报15.69港元，成交额6022.32万港元。 建银国际发布研报称，中船防务公司估值具吸引力，重申对其"跑赢大市"评级，该行对中船防务目标价 为23.7港元，以反映公司盈利能见度提升及贸易紧张局势缓和。另考虑到公司强劲的盈利增长前景。报 告指出，基于造船业利润的季节性因素，加上毛利率假设较先前预期更乐观，将中船防务2025至27年净 利润预测上调24%至32%。预计附属公司黄埔文冲目前持有约540亿元人民币的新船订单储备，将支持 2025至27年盈利年均复合增长率达70%。 消息面上，中船防务近期发盈喜，公司预计2025年半年度实现归属于母公司所有者的净利润人民币4.6 亿元到5.4亿元，同比增加213.25%到267.73%。申万宏源指出，2025半年度业绩预增均超预期，国内船 企利润释放得到验证。新船订单量1-6月同比下滑，6月环比回升。该行认为，后续船价与订单量有望进 一步回升，带动中国造船企业手持订单重回上涨趋势。 ...

智通财经APP获悉，中船防务(00317)涨超5%，截至发稿，涨4.6%，报15.69港元，成交额6022.32万港 元。 消息面上，中船防务近期发盈喜，公司预计2025年半年度实现归属于母公司所有者的净利润人民币4.6 亿元到5.4亿元，同比增加213.25%到267.73%。申万宏源指出，2025半年度业绩预增均超预期，国内船 企利润释放得到验证。新船订单量1-6月同比下滑，6月环比回升。该行认为，后续船价与订单量有望进 一步回升，带动中国造船企业手持订单重回上涨趋势。 建银国际发布研报称，中船防务公司估值具吸引力，重申对其"跑赢大市"评级，该行对中船防务目标价 为23.7港元，以反映公司盈利能见度提升及贸易紧张局势缓和。另考虑到公司强劲的盈利增长前景。报 告指出，基于造船业利润的季节性因素，加上毛利率假设较先前预期更乐观，将中船防务2025至27年净 利润预测上调24%至32%。预计附属公司黄埔文冲目前持有约540亿元人民币的新船订单储备，将支持 2025至27年盈利年均复合增长率达70%。 ...

Group 1 - The core viewpoint of the news is that the China Securities Index for the shipbuilding industry has shown a slight decline recently, but it has experienced significant growth over the past three months and year-to-date [1] - The China Securities Index for the shipbuilding industry decreased by 1.0% to 1397.26 points, with a trading volume of 12.892 billion yuan on the reporting day [1] - Over the past month, the index has increased by 0.10%, by 12.75% over the last three months, and by 8.99% year-to-date [1] Group 2 - The index comprises 40 representative listed companies involved in ship materials, ship supporting, ship manufacturing, and shipping, reflecting the overall performance of the shipbuilding industry [1] - The top ten weighted companies in the index are China Shipbuilding (15.06%), China Heavy Industry (14.33%), China Power (14.31%), and others, indicating a concentration in a few major players [1] - The index's holdings are primarily listed on the Shanghai Stock Exchange (80.70%) and the Shenzhen Stock Exchange (19.30%) [1] Group 3 - The index is heavily weighted towards the industrial sector, which accounts for 93.30% of the holdings, while materials and information technology make up 3.84% and 2.86%, respectively [1] - The index sample is adjusted semi-annually, with changes implemented on the next trading day following the second Friday of June and December [2] - The sample adjustment typically does not exceed 20% of the total sample, and weight factors are adjusted accordingly [2]

Group 1 - The China Shipbuilding sector experienced a decline of 2.54%, ranking among the top losers in the concept sector as of the market close on August 1 [1][2] - ST Emergency saw a significant drop of 20%, while China Shipbuilding Industry Corporation, Kunshan Intelligent, and China Shipbuilding also faced notable declines [1][2] - Only two stocks within the sector recorded gains, with China Marine Defense increasing by 0.64% and China Ship Special Gas rising by 0.13% [1][2] Group 2 - The China Shipbuilding sector faced a net outflow of 73 million yuan from major funds, with seven stocks experiencing net outflows [2] - China Shipbuilding led the outflow with 79.72 million yuan, followed by China Ship Han Guang and China Ship Technology with outflows of 25.34 million yuan and 6.45 million yuan, respectively [2] - Conversely, stocks such as China Power and China Heavy Industry saw net inflows of 33.53 million yuan and 6.28 million yuan, respectively [2]

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中船海洋與防務裝備股份有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00317 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 592,071,197 | RMB | | 1 RMB | | 592,071,197 | | 增加 / 減少 (-) | | | 0 | | | RMB | | | | 本月底結存 | | | 592,071,197 | RMB | | 1 RMB | | 592,071,197 | | 2. 股份分類 | 普通股 | 股份類別 | ...