证券简称：中船防务 股票代码：600685 公告编号:2025-042 公司总机：020-36660701； 传真号码：020-36666925； 投资者联系电话：020-36666912。 中船海洋与防务装备股份有限公司 关于变更办公地址及投资者联系电话的公告 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。 中船海洋与防务装备股份有限公司（以下简称"公司"）自 2025 年 9 月 26 日起迁至新址办公，办公地址及投资者联系电话等发生变更，现将有 关事项公告如下： 办公地址：广州市南沙区鸡抱沙北路 10 号； 邮政编码：511464； 2025 年 9 月 26 日 1 除上述变更内容外，公司注册地址、电子邮箱、公司网址等联系方式 均保持不变。以上变更信息自公告发布之日起正式启用，敬请广大投资者 注意。 特此公告。 中船海洋与防务装备股份有限公司 董 事 会 ...

Core Insights - The maritime equipment sector experienced a slight increase of 0.09% on September 26, with Yaxing Anchor Chain leading the gains [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] Sector Performance - Yaxing Anchor Chain (601890) closed at 9.87, up 2.71% with a trading volume of 494,000 shares and a transaction value of 48.9 million yuan [1] - China Shipbuilding Industry (600150) closed at 34.90, with a minimal increase of 0.03%, trading 598,100 shares worth 2.099 billion yuan [1] - The overall trading volume and transaction values for other companies in the sector varied, with notable declines in some stocks like Hailanxin (300065), which fell by 5.32% [1] Capital Flow Analysis - The maritime equipment sector saw a net outflow of 98.57 million yuan from institutional investors, while retail investors contributed a net inflow of 68.00 million yuan [1] - Yaxing Anchor Chain attracted a net inflow of 58.54 million yuan from institutional investors, representing 11.98% of its trading volume [2] - Conversely, China Shipbuilding experienced a significant net outflow of 62.35 million yuan from institutional investors, indicating a negative sentiment towards the stock [2]

Core Viewpoint - China Shipbuilding Defense (00317) has seen a stock price increase of over 5%, attributed to the global shipbuilding cycle's upward trend and the company's capacity release [1] Group 1: Company Performance - The company reported a stock price increase of 5.63%, reaching HKD 15.58, with a trading volume of HKD 85.9143 million [1] - Shenwan Hongyuan initiated a "buy" rating for China Shipbuilding Defense, forecasting net profits for 2025, 2026, and 2027 to be CNY 1.1 billion, CNY 1.7 billion, and CNY 2.8 billion respectively, with corresponding price-to-earnings (PE) ratios of 18, 11, and 7 [1] - The current market capitalization to order backlog ratio is 0.42, significantly lower than the 10-year average of 0.53, indicating a historical low [1] Group 2: Industry Outlook - The global shipbuilding cycle is expected to benefit the company, with high-value order deliveries accelerating and strong demand for replacing old ships [1] - The "14th Five-Year Plan" is anticipated to drive military procurement, with order traction expected to begin in Q4 2025 [1] - The focus on the 100th anniversary of the military in 2027 is expected to lead to a surge in demand for new main battle equipment and new combat capabilities, sustaining high industry prosperity [1]

银河证券表示，掘金"十五五"，聚焦军贸&新质领域。装备采购方面，"十五五"预期积极，订单端牵引 有望于25Q4启动。同时聚焦27年建军百年重要节点，新型主战装备批产交付与新质战斗力领域需求爆 发，拉动行业高景气延续。 消息面上，申万宏源近期指出，首予中船防务"买入"评级。公司受益于全球造船周期上行与自身产能释 放，预计2025-2027年归母净利润分别为11、17、28亿元，对应PE分别为18、11、7倍，当前市值/手持 订单金额(PO)为0.42倍，显著低于近10年均值(0.53倍)，处于历史低位。结合高价订单交付提速、老船 替换需求充足及同业竞争解决预期，公司业绩弹性与估值修复空间充足。 中船防务（600685）(00317)涨超5%，截至发稿，涨5.63%，报15.58港元，成交额8591.43万港元。 ...

Core Points - The Shanghai Composite Index is at 3845.11 points, slightly down by 0.21%, with a total trading volume of 1052.285 billion yuan [1] - A total of 139 A-shares have surpassed the half-year line, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - Major stocks with high deviation rates include: - Dayou Energy: 7.44% deviation, closing at 4.06 yuan, with a daily increase of 10.03% [1] - Helen Zhe: 7.14% deviation, closing at 5.70 yuan, with a daily increase of 11.11% [1] - Dream Lily: 4.44% deviation, closing at 8.69 yuan, with a daily increase of 6.63% [1] - Stocks with smaller deviation rates include: - Pengyao Environmental Protection, Jialong Co., and Kehua Bio, which have just crossed the half-year line [1] Trading Data - The trading volume for A-shares today reached 1052.285 billion yuan, indicating active market participation [1] - The half-year line serves as a significant technical indicator for stock performance, with many stocks currently trading above this level [1]

H股股份代號 A股股份代號 2025 中期報告 INTERIM REPORT 2025 2025 INTERIM REPORT 中期報告 經中船防務第十一屆董事會第十六次會議審議通過，本公司2025年半年度擬向全體股東每10股派發現金紅利人民幣0.80元 （含稅），截至2025年6月30日，公司總股本為1,413,506,378股，以此計算合計擬派發現金紅利人民幣113,080,510.24元（含 稅），佔公司2025年1-6月歸屬於上市公司股東的淨利潤的比例為21.48% ，剩餘未分配利潤1,468,170,857.41元結轉至以後期 間分配。公司2025年半年度不實施資本公積金轉增股本。在實施權益分派的股權登記日前公司總股本發生變動的，擬維持每 股分配比例不變，相應調整分配總額，並將另行公告具體調整情況。 2024年年度股東會已審議通過《2025年度中期分紅相關安排的議案》，本次利潤分配方案在股東會授權董事會決策的權限範圍 內，無需再提交公司股東會審議。 1 中船海洋與防務裝備股份有限公司 2025 年半年度報告 重要提示 一、 本公司董事會及董事、高級管理人員保證半年度報告內容的真實性、準確性、完整性， ...

Dear non-registered shareholder(s), 25 September 2025 Reminder letter regarding the Arrangement of Electronic Dissemination of Corporate Communications With reference to the notification letter dated 15 January 2024 titled "Arrangement of Electronic Dissemination of Corporate Communications", CSSC Offshore & Marine Engineering (Group) Company Limited (the "Company") is writing to remind you that the Company has adopted electronic dissemination of corporate communications (the "Corporate Communications"), wh ...

25 September 2025 Dear registered shareholder(s), Reminder letter regarding the Arrangement of Electronic Dissemination of Corporate Communications (Note 1) With reference to the notification letter dated 15 January 2024 titled "Arrangement of Electronic Dissemination of Corporate Communications", CSSC Offshore & Marine Engineering (Group) Company Limited (the "Company") is writing to remind you that the Company has adopted electronic dissemination of corporate communications (the "Corporate Communications" ...

25 September 2025 Dear registered shareholder(s), Reminder letter regarding the Arrangement of Electronic Dissemination of Corporate Communications (Note 1) With reference to the notification letter dated 15 January 2024 titled "Arrangement of Electronic Dissemination of Corporate Communications", CSSC Offshore & Marine Engineering (Group) Company Limited (the "Company") is writing to remind you that the Company has adopted electronic dissemination of corporate communications (the "Corporate Communications" ...

Dear non-registered shareholder(s), 25 September 2025 Reminder letter regarding the Arrangement of Electronic Dissemination of Corporate Communications With reference to the notification letter dated 15 January 2024 titled "Arrangement of Electronic Dissemination of Corporate Communications", CSSC Offshore & Marine Engineering (Group) Company Limited (the "Company") is writing to remind you that the Company has adopted electronic dissemination of corporate communications (the "Corporate Communications"), wh ...