经济观察网基于中储股份（600787）已公开的公告和信息，以下是在2026年值得关注的事件摘要，主要 涉及公司运营和治理动态。所有信息均来源于公司官方公告或权威财经平台，并已按提问日期(2026年2 月14日)交叉验证最新数据。 近期受关注事件 商品期货套期保值业务实施 根据2025年12月26日发布的公告，中储股份控股子公司中国诚通商品贸易有限公司获批准在2026年1月1 日至12月31日期间开展商品期货套期保值业务，涉及铜、铝等品种，保证金额度最高2亿元(可循环使 用)。该业务旨在对冲现货价格波动风险，需关注其执行情况对公司风险管理的影响。 股东结构变动跟踪 截至2025年9月30日，香港中央结算有限公司持股增至1600.07万股(第五大流通股东)，而南方中证 1000ETF持股略有减少。股东户数9.02万户(较上期降1.02%)，需关注后续定期报告中的股东变化。 以上内容基于公开资料整理，不构成投资建议。 财报分析 财务数据披露节点 截至2025年9月30日，公司营业收入477.87亿元，归母净利润4.44亿元(同比增长15.52%)。2025年全年财 务报告尚未发布，通常年报在次年3-4月披露，建议关 ...

Core Viewpoint - Zhongcang Co., Ltd. confirmed that Henry Bath is a subsidiary of the company, with its shareholder being Zhongcang International (Hong Kong) Co., Ltd. [2] Financial Disclosure - The company stated that it has disclosed the financial data of Zhongcang International (Hong Kong) Co., Ltd. in accordance with the information disclosure regulations of the China Securities Regulatory Commission for annual and semi-annual reports [2]

Core Viewpoint - In January 2026, China's warehousing index decreased to 51.9%, down 0.5 percentage points from December 2025, indicating a slight decline but still within the expansion range, reflecting a generally good operational status in the warehousing industry [1] Group 1: Warehousing Index and Business Volume - The business volume index stood at 52.2%, a decrease of 1.4 percentage points from the previous month, with steel, non-ferrous metals, food, and pharmaceuticals showing indices above 50%, while chemicals, coal, and daily necessities were below 50% [1] - The facility utilization index increased to 54.3%, up 0.3 percentage points from the previous month, indicating improved utilization of warehousing facilities [1] - The ending inventory index rose to 53.3%, an increase of 1.4 percentage points from the previous month, suggesting a rise in inventory levels [1] Group 2: Business Activity Expectations - The average inventory turnover index decreased to 51.9%, down 1.5 percentage points from the previous month, indicating a slight slowdown in turnover [1] - The business activity expectation index fell to 49.6%, a decline of 3.1 percentage points from the previous month, reflecting anticipated short-term fluctuations in demand as the holiday approaches [1] - Despite the expected short-term volatility, the overall demand foundation for the industry remains strong, with expectations for stabilization and improvement post-holiday [2]

Core Viewpoint - The China Logistics and Purchasing Federation and China Storage Development Co., Ltd. report a slight decline in the warehousing index for January 2026, indicating a continued positive trend in the warehousing industry despite the drop [1] Group 1: Warehousing Index - The warehousing index for January 2026 is reported at 51.9%, a decrease of 0.5 percentage points from the previous month [1] - The index remains in the expansion zone, suggesting a good operational status for the warehousing industry [1] Group 2: Sub-Indices Performance - The facility utilization index increased by 0.3 percentage points to 54.3%, with machinery and agricultural products showing higher utilization rates [2] - The ending inventory index rose by 1.4 percentage points to 53.3%, with non-ferrous metals and building materials having higher inventory levels [2] - The business volume index decreased to 52.2%, down 1.4 percentage points, with steel and food products maintaining indices above 50% [1][2] Group 3: Future Outlook - The business activity expectation index fell to 49.6%, a decline of 3.1 percentage points, indicating a potential contraction in the upcoming months due to weather and holiday factors [3] - It is anticipated that after short-term fluctuations, the index will stabilize and show positive trends again [1]

Core Viewpoint - The company announced the expected amount of routine related-party transactions for the first quarter of 2026, which will not affect its independence or create significant reliance on related parties [2][3]. Group 1: Routine Related-Party Transactions - The board of directors approved the proposal regarding the expected amount of routine related-party transactions on February 5, 2026, with a unanimous vote of 6 in favor [3]. - The independent directors unanimously agreed to submit the proposal to the board, indicating a thorough review process [3]. - The transactions are classified as routine and do not require shareholder meeting approval [2][3]. Group 2: Related Parties and Transaction Details - The related party is China Logistics Group Co., Ltd., which is a limited liability company based in Beijing, with a registered capital of 3 billion RMB [4][6]. - China Logistics Group indirectly holds 1,049,800,246 shares of the company, accounting for 48.38% of the total share capital, establishing it as a related party [7]. - The company will engage in purchasing goods and providing logistics services with subsidiaries of China Logistics Group, with pricing based on market rates [7]. Group 3: Purpose and Impact of Transactions - The purpose of these transactions is to leverage the resource advantages and sales networks of both the company and China Logistics Group to enhance operational efficiency and profitability [7]. - The routine related-party transactions are expected to have no impact on the company's independence and will not create significant reliance on the related party [2][7].

中储发展股份有限公司 关于预计 2026 年一季度日常关联交易金额的公告 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。 重要内容提示： 一、日常关联交易的基本情况 （一）日常关联交易履行的审议程序 2026 年 2 月 5 日，公司十届五次董事会审议通过了《关于预计 2026 年一季度日常 关联交易金额的议案》，表决结果为：赞成票 6 票、反对票 0 票、弃权票 0 票。根据《上 海证券交易所股票上市规则》的规定，本次交易属于日常关联交易，在关联方任职的 关联董事房永斌先生、李勇昭先生、朱桐先生对该议案回避表决。本次关联交易无需 提交公司股东会审议。 证券代码：600787 证券简称：中储股份 编号：2026-001 2026 年 1 月 30 日，公司第十届董事会独立董事专门会议 2026 年第一次会议审议 通过了《关于预计 2026 年一季度日常关联交易金额的议案》，全体独立董事一致同意 并将该议案提交公司十届五次董事会审议。 1 关联交易类别 关联人 本次预计金额 （单位：万元） 向关联人采购 中国物流集团下属 企业 ...

Core Viewpoint - The company emphasizes that its stock price is influenced by various factors and is committed to enhancing the quality of listed companies through asset restructuring and resource optimization [1] Group 1: Company Strategy - The company aims to improve investor return capabilities and levels by focusing on value management and creating value [1] - It is actively adjusting its asset structure and optimizing resource allocation to achieve these goals [1] Group 2: Investor Communication - The company is working on enriching communication methods with investors to ensure that its true value is reflected in the capital market [1] - There is a commitment to effective value transmission to enhance investor engagement [1]

Group 1 - The core point of the article is that Zhongcang Co., Ltd. (600787) has applied AI technology in multiple commercial scenarios through its subsidiary Zhongcang Zhiyun, while its platforms Steel Super and Easy Nonferrous have not yet implemented AI technology and AI agents [1] Group 2 - Zhongcang Zhiyun is actively utilizing AI technology in various business applications [1] - Steel Super and Easy Nonferrous platforms are currently not utilizing AI technology [1]

Group 1 - The core viewpoint of the article is that China Storage Co., Ltd. (600787.SH) has applied AI technology in various commercial scenarios through its subsidiary, China Storage Intelligent Transportation [1] - The platforms Steel Super and Easy Nonferrous have not yet implemented AI technology and AI agents [1]

Core Viewpoint - The Chinese warehousing industry shows signs of recovery with the warehousing index reaching 52.4% in December 2025, marking a 2 percentage point increase from November 2025, driven by improved market demand and business activity [1] Group 1: December 2025 Data - The new orders index for December 2025 stands at 51.8%, up 1.3 percentage points from November 2025, with chemical products, machinery, agricultural products, and pharmaceuticals showing indices above 50% [1] - The business volume index is at 53.6%, reflecting a 1.7 percentage point increase, with similar trends observed in chemical products, agricultural products, and pharmaceuticals [1] - The facility utilization rate index is 54%, up 1.6 percentage points, while the ending inventory index is at 51.9%, increasing by 1.9 percentage points [1] - The average inventory turnover index is 53.4%, which is a 3.4 percentage point increase [1] Group 2: 2025 Annual Overview - The overall warehousing index for 2025 averaged 50.7%, a 1.3 percentage point increase from 49.4% in 2024, indicating a steady recovery in the industry [2] - The index showed reduced volatility compared to 2024, suggesting enhanced resilience and stability within the industry [2] - Quarterly averages indicate a stable start in Q1 at 51.2%, a slight decline in Q2 to 50.7%, a further drop in Q3 to 49.7%, and a rebound in Q4 to 51.1% due to rising demand [2] Group 3: Key Characteristics - The demand foundation appears more solid, with the new orders index remaining above 50% for most months, averaging 51%, which supports ongoing business activity [2] - Inventory turnover efficiency remains high, with the average turnover index mostly operating in an expansion range, indicating smooth supply chain connections [2] - Inventory adjustments are becoming more rational, with the ending inventory index averaging 49.8%, reflecting a slowdown in inventory decline and increased business confidence [2] Group 4: Future Outlook - The warehousing industry is expected to continue its positive trajectory in 2026, supported by macro policies and sustained demand recovery [3] - The ongoing expansion of domestic demand policies and pre-Spring Festival stocking needs are anticipated to further boost warehousing business demand [3]