Core Viewpoint - The A-share shipping sector experienced a collective decline, with several major companies seeing significant drops in their stock prices, indicating a bearish trend in the industry [1]. Group 1: Company Performance - China COSCO Shipping Energy Transportation Co., Ltd. (中远海能) saw a decline of 7.74%, with a total market capitalization of 94.4 billion [2]. - China Merchants Energy Shipping Co., Ltd. (招商轮船) dropped by 7.19%, with a market cap of 99.1 billion [2]. - China Merchants South China Sea Oil Transportation Co., Ltd. (招商南油) fell by 6.48%, with a market value of 16.9 billion [2]. - Jinjiang Shipping Co., Ltd. (锦江航运) decreased by 3.17%, with a market capitalization of 15 billion [2]. - China COSCO Shipping Specialized Carriers Co., Ltd. (中远海特) declined by 2.96%, with a market cap of 21.6 billion [2]. - HNA Technology Co., Ltd. (海航科技) dropped by 2.54%, with a market value of 12.2 billion [2]. - Air China Ocean Shipping Co., Ltd. (国航远洋) fell by 2.48%, with a market capitalization of 5.026 billion [2]. - China COSCO Shipping Development Co., Ltd. (中远海发) decreased by 2.22%, with a market cap of 34.8 billion [2]. - Ningbo Ocean Shipping Co., Ltd. (宁波远洋) saw a decline of 2.08%, with a market value of 12.3 billion [2]. Group 2: Year-to-Date Performance - Year-to-date, China COSCO Shipping Energy Transportation Co., Ltd. has increased by 47.95% [2]. - China Merchants Energy Shipping Co., Ltd. has seen a year-to-date increase of 36.64% [2]. - China Merchants South China Sea Oil Transportation Co., Ltd. has a year-to-date increase of 19.54% [2]. - Jinjiang Shipping Co., Ltd. has a modest year-to-date increase of 3.94% [2]. - China COSCO Shipping Specialized Carriers Co., Ltd. has increased by 10.85% year-to-date [2]. - HNA Technology Co., Ltd. has a year-to-date increase of 10.18% [2]. - Air China Ocean Shipping Co., Ltd. has a year-to-date decrease of 8.03% [2]. - China COSCO Shipping Development Co., Ltd. has a year-to-date increase of 4.76% [2]. - Ningbo Ocean Shipping Co., Ltd. has a year-to-date increase of 2.84% [2].

2月10日，海航科技大宗交易成交76.57万股，成交额312.41万元，占当日总成交额的0.39%，成交价4.08元，较市场收盘价4.32元折价5.56%。 | 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( * ) 买入营业部 | | | | 卖出营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | 2026-02-10 | 海航科技 | 600751 | 4.08 312.41 | 76.57 | 东北证券股份有限 公司杭州教工路证 | 财通证券股份有限 公司杭州新北街证 | | ...

证券日报网2月6日讯 ，海航科技在接受调研者提问时表示，截至2025年三季度末，公司自有船共10 艘，船队结构丰富，3艘好望角型、1艘巴拿马型、6艘大灵便型船；同时，也通过期租等多种方式结 合，平衡市场风险与收益。在市场高位时锁定长期租约，低位时保持灵活性。为保持公司的市场竞争 力，后续公司将结合市场情况择机更新/扩大自有船运力。公司持续贯彻可持续发展理念，坚持绿色低 碳发展，积极推广新能源、新技术在船上的应用，合理规划船舶设备更新、降低船舶油料消耗、提高船 舶营运效益，积极落实绿色减排、清洁能源的应用。 （编辑 丛可心） ...

（编辑 丛可心） 证券日报网2月6日讯 ，海航科技在接受调研者提问时表示，中合中小企业融资担保股份有限公司（以 下简称"中合担保"）是国务院利用外资设立担保公司的试点项目，公司为其第一大股东持股26.62%。近 年来，中合担保主体AAA评级稳定，监管指标全面合规，融担许可证更新为长期有效。后续将坚持三 会治理为原则，加强对中合担保经营战略及业绩的关注，确保投资收益最大化。公司于2024年7月完成 了在天津市核心商圈自有物业资产的修缮改造，顺利完成资产盘活，后续将持续推进商业化运营提升资 产收益。 ...

（编辑 丛可心） 证券日报网2月6日讯 ，海航科技在接受调研者提问时表示，尽管传统的1、2月通常是航运淡季，但 2025年底到2026年初的干散货市场呈现整体上涨、淡季不淡的态势。需求端上，巴西、澳大利亚、南非 铁矿石出货积极，西非铝土矿持续放量；南美粮食货盘充足；中国春节前备货需求释放，铁矿石、煤 炭、铝土矿海运进口总量同比增长；供给端上，船舶供给偏紧，特别是好望角型船可用运力阶段性不 足；环保新规与船队老化迫使部分船舶降速航行。 ...

（编辑 丛可心） 证券日报网2月6日讯 ，海航科技在接受调研者提问时表示，公司自有资金主要用于公司日常经营，不 断提升船舶性能和船队市场竞争力，同时，在风险可控的情况下提升商品贸易业务的周转效率和业务效 益，持续优化公司财务结构，提高财务稳健性。 ...

（文章来源：证券日报） 证券日报网2月6日讯 ，海航科技在接受调研者提问时表示，公司主要从事国际远洋干散货运输业务及 上下游相关的商品贸易业务。自1992年设立以来，公司已累计拥有近30年的航运业务运营经验，截至 2025年三季度末，公司形成10艘自有干散货船队，合计运力约93万载重吨，合计可控运力约110万载重 吨（含市场租赁船）。同时，2023年公司设立海南轩启国际贸易有限公司，组建专业团队积极参与海南 自贸港国际贸易服务建设，并依托海南自贸港优厚政策支持及公司自身日益丰富的航线资源、货种资 源、优质客户积累、较为雄厚的资金等优势，积极拓展航运上下游商品贸易业务，以获取更稳定的货运 订单、更充分的货运定价权，进一步强化为客户提供端到端的物流服务能力，提升整体经营效益，并平 滑航运市场波动对公司业绩的不稳定性影响。 ...

Group 1 - Hailanxin (300065) benefits from the collaborative development of the capital urban area port cluster and the intelligent upgrade of shipping, leading to strong growth momentum for the company [1][34] - The company specializes in marine electronic information systems and marine engineering equipment, with a leading position in domestic navigation technology [1][34] - The demand for technology support is expected to increase due to the acceleration of intelligent transformation at key ports like Tianjin and Tangshan [1][34] Group 2 - Jingtou Development (600683) focuses on the development of rail transit properties, leveraging the construction of a cross-regional rail transit network to unlock land value along the routes [2][36] - The company has developed a mature "rail + property" model and holds multiple patents in core technologies related to rail property [2][36] - The ongoing construction in key areas like Beijing's sub-center and Xiong'an New Area aligns with the demand for residential and industrial support due to population relocation [2][36] Group 3 - Chengjian Development (600266) is positioned to benefit from the accelerated urban renewal and non-capital function relief, which creates sustained demand for urban development and infrastructure projects [3][37] - The company has extensive experience in old city renovation and affordable housing construction, participating deeply in the quality upgrade projects of core cities [3][37] - The company’s land reserves and project resources in key areas can directly meet the housing and industrial space needs arising from population relocation [3][37] Group 4 - Langfang Development (600149) is strategically positioned in the land development business in the Beijing area, benefiting from the integration of Tongzhou and the North Three Counties [4][38] - The company can leverage local resource advantages to undertake land consolidation and infrastructure construction projects [4][38] - The demand for land development is expected to be rigidly released due to the implementation of cross-regional demonstration policies [4][38] Group 5 - Julisi (002342) sees a surge in demand for engineering equipment and rigging due to large-scale infrastructure projects in the urban area [5][39] - The company specializes in engineering rigging and lifting equipment, widely used in construction scenarios such as bridges and ports [5][39] - The integration of transportation in the Beijing-Tianjin-Hebei region is expected to drive significant growth in the company's product demand [5][39] Group 6 - Huasheng Tiancai (600410) focuses on cloud computing and digital services, capitalizing on the digital infrastructure upgrade and industrial digital transformation in the urban area [6][40] - The company has a comprehensive digital technology system and rich industry service experience [6][40] - The demand for digital services is expected to grow as the region develops smart transportation and digital governance applications [6][40] Group 7 - Jinyu Group (601992) is a leading supplier of building materials in the Beijing-Tianjin-Hebei region, benefiting from the ongoing construction boom and urban renewal [7][41] - The company’s product offerings include cement, concrete, and aggregates, with a strong supply chain advantage [7][41] - The demand for building materials is expected to rise significantly due to large-scale infrastructure and housing projects [7][41] Group 8 - Jidong Equipment (000856) is positioned to benefit from the upgrade of traditional industries and the demand for equipment renewal in the building materials sector [8][42] - The company specializes in cement equipment manufacturing and engineering services, with a strong technical capability [8][42] - The demand for high-end cement equipment and environmental renovation technology is expected to grow as the region pushes for green upgrades [8][42] Group 9 - Fushi Holdings (300071) focuses on brand marketing and public relations, benefiting from the growing demand for brand promotion in the urban area [9][43] - The company has a full-chain marketing service capability and serves clients across multiple industries [9][43] - The demand for customized marketing solutions is expected to rise as many enterprises establish and upgrade their brands [9][43] Group 10 - Huaxia Happiness (600340) specializes in the development and operation of industrial new towns, benefiting from the influx of industries due to non-capital function relief [10][44] - The company has a mature operational model that integrates industrial introduction and urban support [10][44] - The value of industrial new towns is expected to increase as the region enhances transportation and public services [10][44] Group 11 - Hongqiang Co., Ltd. (002809) sees a rigid growth in demand for concrete additives due to large-scale infrastructure projects [11][45] - The company specializes in concrete additives and new building materials, with stable product performance [11][45] - The demand for concrete is expected to rise significantly, driving the growth of the additives market [11][45] Group 12 - Siwei Tuxin (002405) is positioned to benefit from the rapid development of smart transportation and the growth of the connected vehicle and autonomous driving industries [12][46] - The company specializes in navigation maps and connected vehicle services, with leading technology in high-precision mapping [12][46] - The demand for smart transportation solutions is expected to grow as the region promotes intelligent upgrades in transportation systems [12][46] Group 13 - Leike Defense (002413) focuses on radar systems and electronic countermeasures, benefiting from the dual growth in defense and civilian security demands [13][48] - The company has core technologies and intellectual property rights in the defense and civilian security sectors [13][48] - The demand for security solutions is expected to increase as the region enhances its security capabilities [13][48] Group 14 - Aerospace Technology (000901) is involved in the aerospace equipment manufacturing sector, benefiting from the integration of innovation resources and the upgrade of high-end manufacturing [14][49] - The company leverages its aerospace technology advantages to participate in regional aerospace projects [14][49] - The demand for aerospace technology applications is expected to grow as the region develops its aerospace industry [14][49] Group 15 - Keri International (300662) focuses on human resources services, benefiting from the accelerated flow of talent and the growing demand for high-end talent in the urban area [15][50] - The company provides comprehensive human resources services, covering various industries [15][50] - The demand for customized human resources solutions is expected to rise as enterprises upgrade and expand [15][50] Group 16 - Tanshijia (300005) is positioned to benefit from the growth in outdoor leisure demand and the development of ecological tourism resources [16][51] - The company specializes in outdoor apparel and equipment, with a strong brand presence in the outdoor products industry [16][51] - The demand for outdoor products is expected to grow as consumer awareness of outdoor activities increases [16][51] Group 17 - Gangyan Gaona (300034) focuses on high-temperature alloy materials, benefiting from the rapid development of aerospace and new energy sectors [17][52] - The company specializes in the research and production of high-end alloy materials, with leading technology in the field [17][52] - The demand for high-temperature alloys is expected to grow as the region promotes high-end manufacturing upgrades [17][52] Group 18 - Electronic City (600658) focuses on the development and operation of technology parks, benefiting from the demand for innovation resources and the establishment of tech enterprises [18][53] - The company has extensive experience in park operation and enterprise incubation [18][53] - The demand for technology parks is expected to grow as the region promotes innovation and collaboration [18][53] Group 19 - Shangda Co., Ltd. (301522) specializes in the processing of special steel materials, benefiting from the growing demand for high-end materials in traditional industries [19][54] - The company focuses on the deep processing of special steel, with significant advantages in material processing technology [19][54] - The demand for special steel products is expected to rise as the region promotes the upgrade of manufacturing industries [19][54] Group 20 - Jikai Co., Ltd. (002691) focuses on mining equipment and intelligent upgrades, benefiting from the demand for efficient resource development [20][55] - The company specializes in mining machinery and technical services, with a strong service network [20][55] - The demand for intelligent mining equipment is expected to grow as the region promotes equipment renewal [20][55] Group 21 - Xinhua News (603888) focuses on news dissemination and digital content services, benefiting from the growing demand for media and cultural industries [21][56] - The company has authoritative information channels and strong content creation capabilities [21][56] - The demand for customized media solutions is expected to rise as the region promotes cultural integration and digital transformation [21][56]

Core Viewpoint - The shipping and port sector experienced a decline of 2.36% on February 2, with significant losses in individual stocks, particularly China National Offshore Oil Corporation (CNOOC) leading the drop [1][2]. Market Performance - The Shanghai Composite Index closed at 4015.75, down 2.48% - The Shenzhen Component Index closed at 13824.35, down 2.69% [1]. Individual Stock Performance - Notable declines included: - CNOOC down 7.09% to 9.44 with a trading volume of 280,200 shares and a turnover of 271 million yuan - China Merchants Energy down 5.42% to 3.49 with a trading volume of 2,161,800 shares and a turnover of 765 million yuan - China Merchants Shipping down 5.02% to 10.79 with a trading volume of 1,279,300 shares and a turnover of 1.416 billion yuan [2]. Capital Flow Analysis - The shipping and port sector saw a net outflow of 9.52 billion yuan from institutional investors, while retail investors contributed a net inflow of 4.89 billion yuan [2]. - The main stocks with significant capital flow included: - HNA Technology with a net inflow of 29.49 million yuan from institutional investors - Chongqing Port with a net inflow of 4.41 million yuan from institutional investors [3].

Core Viewpoint - The company continues to provide guarantees for its wholly-owned subsidiary, Shanghai Xingyi International Trade Co., Ltd., to support its business development needs, with a guarantee amount not exceeding 195 million yuan [3][14]. Group 1: Board Meeting Details - The board meeting was held on January 29, 2026, with all 7 members present [2]. - The meeting was chaired by Chairman Zhu Yong and complied with relevant laws and regulations [2][3]. Group 2: Guarantee Proposal - The subsidiary, Shanghai Xingyi, applied for a credit line of 150 million yuan from Zheshang Bank, and the company will continue to provide a guarantee for this amount [3][9]. - The guarantee will cover a maximum amount of 195 million yuan and is valid for three years from the expiration of the main contract [3][11]. Group 3: Decision and Voting Results - The proposal to continue the guarantee was approved unanimously with 7 votes in favor, 0 against, and 0 abstentions [5][14]. - This guarantee does not require approval from the shareholders' meeting [4][9]. Group 4: Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary for the subsidiary's business development and aligns with the company's overall interests and strategic goals [14]. - The company maintains effective management over the subsidiary's operations, ensuring controllable risk [14]. Group 5: Cumulative Guarantee Amount - As of the announcement date, the total amount of guarantees provided by the company and its subsidiaries is 499 million yuan, accounting for 6.65% of the latest audited net assets [15].