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11月30日 狀態: 新提交 | 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 | A | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- ...

Core Viewpoint - The report highlights significant growth in China's civil steel shipbuilding industry, with a projected production increase and substantial year-on-year growth rates for 2025 [1] Industry Summary - According to the National Bureau of Statistics, the production of civil steel ships in China is expected to reach 5.59 million deadweight tons in September 2025, representing a year-on-year increase of 59.3% [1] - Cumulative production from January to September 2025 is projected to be 39.05 million deadweight tons, reflecting a cumulative growth of 19% [1] - The report is based on data compiled by Zhiyan Consulting, a leading industry consulting firm in China, which specializes in in-depth industry research and market analysis [1]

Core Viewpoint - China Shipbuilding Defense experienced a decline in stock price, with a notable net outflow of funds, despite a year-to-date increase in stock value [1][2]. Financial Performance - For the period from January to September 2025, China Shipbuilding Defense reported a revenue of 14.315 billion yuan, reflecting a year-on-year growth of 12.83%, and a net profit attributable to shareholders of 655 million yuan, marking a significant increase of 249.84% [2]. - The company has cumulatively distributed 1.763 billion yuan in dividends since its A-share listing, with 259 million yuan distributed over the past three years [3]. Stock Market Activity - As of November 28, the stock price was 29.43 yuan per share, with a trading volume of 829 million yuan and a turnover rate of 3.37%, resulting in a total market capitalization of 41.599 billion yuan [1]. - The stock has increased by 24.97% year-to-date, but has seen a decline of 2.03% in the last five trading days [1]. Shareholder Composition - As of September 30, 2025, the number of shareholders decreased to 75,900, with an average of 0 circulating shares per person [2]. - The top ten circulating shareholders include notable funds such as the Fortune China Securities Military Industry Leader ETF and Changxin National Defense Military Industry Quantitative Mixed A, with varying changes in their holdings [3].

Core Points - China Shipbuilding Group's subsidiary, Guangzhou Shipyard International, signed a contract with New Zealand's Ferry Holdings for the construction of two new passenger and vehicle ferries [1] - The ferries will be 200 meters long and 28 meters wide, with a capacity for 1,530 passengers [1] - Each ferry will feature a 2.4-kilometer long mixed vehicle lane and space for 40 railway freight cars, intended for operations in the Cook Strait [1]

Core Viewpoint - China State Shipbuilding Corporation's Guangzhou Shipyard International has signed a contract with a New Zealand company for the construction of two new passenger roll-on/roll-off ships, indicating an increase in orders for Chinese shipyards [1] Group 1: Contract Details - The contract involves the construction of two new passenger ferries intended for operations in the Cook Strait [1] - Each ship will be 200 meters long and 28 meters wide, with a capacity to accommodate 1,530 passengers [1] - The vessels will feature a 2.4-kilometer long mixed vehicle lane and space for 40 railway freight cars [1] Group 2: Environmental Features - The new ships will utilize a hybrid power design, allowing for a switch between diesel and electric power [1] - The diesel engines will be compatible with biofuels and will power the main propulsion system and onboard services [1] - The vessels will be equipped with energy storage batteries that can be charged during navigation or via shore power, contributing to fuel savings and reduced environmental impact [1]

Core Insights - On November 26, 2023, the Shanghai-Hong Kong Stock Connect saw its dedicated seats appear on the trading leaderboard for 15 stocks, indicating significant trading activity in these companies [1][2] Group 1: Net Buying Stocks - Dongxin Co., Ltd. (688110) had a net buying amount of 162.92 million yuan, with a daily increase of 20.00% and a turnover rate of 11.72% [2] - Yongding Co., Ltd. (600105) recorded a net buying of 127.82 million yuan, with a daily increase of 9.99% and a turnover rate of 27.71% [2] - China Shipbuilding Defense (600685) saw a net buying of 52.25 million yuan, but experienced a daily decrease of 9.34% with a turnover rate of 10.13% [2] - Other notable net buying stocks include Aerospace Power (600343) with 44.17 million yuan and a slight increase of 0.05%, and Changguang Huaxin (688048) with 26.61 million yuan and a 20.00% increase [2] Group 2: Net Selling Stocks - Shanghai Port (605598) had the highest net selling amount at 40.15 million yuan, with a daily decrease of 4.31% and a turnover rate of 10.45% [2] - Other significant net selling stocks include Electronics Science and Technology (600877) with a net selling of 18.97 million yuan and a decrease of 8.46%, and Great Wall Military Industry (601606) with 17.80 million yuan and a decrease of 8.05% [2] - The total number of stocks on the leaderboard was 55, with 15 stocks showing activity from the Shanghai-Hong Kong Stock Connect [1]

Core Viewpoint - The company emphasizes the importance of market value maintenance and aims to enhance operational performance while actively engaging with investors to improve market understanding of its value [1] Group 1 - The company is committed to maintaining its market value through various initiatives, including performance briefings and investor meetings [1] - The company aims to enhance investor relations and increase recognition of its value in the market [1] - The company's stock price is influenced by multiple external factors beyond its control [1]

Core Viewpoint - China Shipbuilding Defense (600685) has stated that there are currently no plans to repurchase company shares [1] Company Summary - The company responded to investor inquiries on November 26, indicating the absence of any share repurchase plans at this time [1]

Group 1 - The company, China Shipbuilding Defense (600685), aims to deepen its focus on the marine defense industry while also seizing opportunities in the civil ship market [1] - The company plans to optimize its order structure and strengthen production management to achieve steady increases in production volume and improvements in efficiency indicators [1]

Core Viewpoint - China Shipbuilding Defense (中船防务) experienced a significant decline of 9.34% in its stock price, with a trading volume of 2.503 billion yuan and a turnover rate of 10.13% on the day of reporting [1][2]. Trading Activity - The stock was listed on the Shanghai Stock Exchange's watchlist due to a daily price deviation of -9.19%, with net purchases from the Shanghai-Hong Kong Stock Connect amounting to 52.245 million yuan [2]. - The top five trading departments recorded a total transaction volume of 397 million yuan, with buying transactions totaling 168 million yuan and selling transactions totaling 230 million yuan, resulting in a net sell of 62.1725 million yuan [2]. Fund Flow - The stock saw a net outflow of 227 million yuan in principal funds, with large orders contributing to a net outflow of 123 million yuan and big orders contributing to a net outflow of 104 million yuan. Over the past five days, the net outflow of principal funds totaled 62.4694 million yuan [2]. Margin Trading Data - As of November 25, the margin trading balance for the stock was 1.054 billion yuan, with a financing balance of 1.043 billion yuan and a securities lending balance of 10.4152 million yuan. Over the past five days, the financing balance increased by 238 million yuan, representing a growth of 29.50%, while the securities lending balance increased by 2.2228 million yuan, a growth of 27.13% [2]. Financial Performance - According to the third-quarter report released on October 31, the company achieved a total operating revenue of 14.315 billion yuan for the first three quarters, reflecting a year-on-year growth of 12.83%. The net profit reached 655 million yuan, marking a substantial year-on-year increase of 249.84% [2].