Core Points - Ningbo Marine (600798) announced the election of Sun Yonghao as the employee director of the company's 10th board of directors [1] Group 1 - The company's board received a letter from the labor union regarding the nomination of an employee director [1] - The representative group of the company's employee congress held a joint meeting to elect Sun Yonghao [1]

Core Viewpoint - Ningbo Marine (600798.SH) reported a revenue increase of 19.3% year-on-year for the first three quarters of 2025, reaching 1.989 billion yuan, but experienced a net loss attributable to shareholders of 31.5463 million yuan, worsening by 22.9123 million yuan compared to the same period last year [1] Financial Performance - Total operating revenue for the first three quarters of 2025 was 1.989 billion yuan, reflecting a year-on-year growth of 19.3% [1] - The net profit attributable to shareholders was -31.5463 million yuan, which is a decline of 22.9123 million yuan compared to the previous year [1] - Basic earnings per share stood at -0.0261 yuan [1]

证券代码：600798 证券简称：宁波海运 公告编号：2025-041 宁波海运股份有限公司 2025年第二次临时股东大会决议公告 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 582 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 581,566,633 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 48.2014 | 二、 议案审议情况 表决情况： | 股东 | | 同意 | | 反对 | | 弃权 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 类型 | | 票数 | 比例（%） | 票数 | 比例（%） | 票数 | 比例（%） | | A | 股 | 580,493,883 | 99.8155 | 621,350 | 0.1068 | 451,400 | ...

法 律 意 见 书 致：宁波海运股份有限公司 浙江和义观达律师事务所（以下简称"本所"）接受宁波海运股份有限公司 （以下简称"公司"）的委托，指派本所律师出席公司于 2025 年 10 月 28 日召 开的 2025 年第二次临时股东大会（以下简称"本次股东大会"），并根据《中 华人民共和国公司法》（以下简称"《公司法》"）《上市公司股东会规则》（以 下简称"《股东会规则》"）等法律、法规、规范性文件以及《宁波海运股份有 限公司章程》（以下简称"《公司章程》"）的相关规定出具本法律意见书。 为出具本法律意见书，本所律师参加了本次股东大会，审查了公司提供的与 本次股东大会有关的文件。经本所律师核查，这些文件中的副本或复印件均与正 本或原件相符。 本所律师同意将本法律意见书作为公司本次股东大会公告材料，随其他须公 告的文件一同公告，并依法对本所律师在其中发表的法律意见承担责任。 本法律意见书仅就公司本次股东大会所涉及到的相关法律事项出具。除此以 外，未经本所同意，本法律意见书不得为任何其他人用于任何其他目的。 浙江和义观达律师事务所 法律意见书 浙江和义观达律师事务所 关于宁波海运股份有限公司 2025 年第二次 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥832,412,752.81, an increase of 32.49% compared to the same period last year[5] - The total profit for the period was ¥19,461,463.26, representing a decrease of 15.92% year-on-year[5] - The net profit attributable to shareholders was ¥7,687,280.99, down 21.14% from the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥6,156,046.40, an increase of 13.52% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2025 reached CNY 1,989,310,542.40, an increase of 19.3% compared to CNY 1,667,443,922.83 in the same period of 2024[20] - The net profit for the first three quarters of 2025 was a loss of CNY 21,529,454.04, compared to a loss of CNY 8,114,263.39 in the same period of 2024[21] - The operating profit for the first three quarters of 2025 was a loss of CNY 13,659,404.91, down from a profit of CNY 3,791,702.07 in 2024[21] - The total comprehensive income for the first three quarters of 2025 was CNY -23,120,391.18, compared to CNY -9,218,649.75 in 2024[21] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥512,610,708.36, reflecting a growth of 42.66% year-on-year[5] - In the first three quarters of 2025, the cash inflow from operating activities reached ¥2,201,150,089.13, a 33% increase compared to ¥1,655,397,481.81 in the same period of 2024[23] - The net cash flow from operating activities for the first three quarters of 2025 was ¥512,610,708.36, up from ¥359,331,859.59 in 2024, representing a 42.5% increase[23] - The cash outflow for investing activities in the first three quarters of 2025 was ¥123,416,927.83, significantly higher than ¥22,636,472.26 in 2024, indicating increased investment efforts[24] - The net cash flow from investing activities was -¥100,548,116.27 in 2025, compared to a positive ¥32,170,470.00 in 2024, reflecting a shift in investment strategy[24] - Cash inflow from financing activities in the first three quarters of 2025 was ¥625,000,000.00, a substantial increase from ¥155,000,000.00 in 2024, indicating stronger financing efforts[24] - The net cash flow from financing activities improved to ¥419,273,812.28 in 2025, compared to a negative cash flow of -¥414,034,460.70 in 2024, showcasing a turnaround in financing[24] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥6,901,697,913.91, a 9.16% increase from the end of the previous year[6] - The equity attributable to shareholders decreased by 1.42% to ¥3,903,214,231.62 compared to the end of the previous year[6] - The company's total liabilities increased to CNY 1,879,562,588.97 in 2025 from CNY 1,200,243,276.95 in 2024, reflecting a significant rise in financial obligations[18] - The total equity attributable to shareholders decreased to CNY 3,903,214,231.62 in 2025 from CNY 3,959,258,470.49 in 2024[18] Shareholder Information - The company plans to increase shareholding by Zhejiang Zheneng Fuel Group, with a maximum of 24,130,684 shares, representing up to 2% of the total share capital[14] - As of October 11, 2025, Zhejiang Zheneng Fuel Group has acquired 810,000 shares, accounting for 0.07% of the total share capital, which is less than 50% of the planned increase[15] Inventory and Receivables - The company reported a significant increase in inventory, which rose to RMB 73,008,843.22 from RMB 65,602,314.89, reflecting an increase of approximately 11.4%[16] - The company's accounts receivable decreased slightly to RMB 347,799,133.25 from RMB 367,398,722.56, a decline of approximately 5.4%[16] Earnings Per Share - The basic earnings per share for the period was ¥0.0064, a decrease of 20.00% year-on-year[6] - The company reported a basic and diluted earnings per share of CNY -0.0261 for the first three quarters of 2025, compared to CNY -0.0072 in 2024[21] Financial Expenses - The financial expenses for the first three quarters of 2025 were CNY 19,012,872.90, a decrease from CNY 24,660,206.48 in 2024[20] Tax Efficiency - The cash flow from operating activities was positively impacted by a decrease in tax payments, which were ¥37,403,745.88 in 2025 compared to ¥53,615,871.80 in 2024, indicating improved tax efficiency[23]

证券代码：600798 证券简称：宁波海运 公告编号：2025-042 宁波海运股份有限公司 关于公司董事辞职暨选举职工董事的公告 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： 宁波海运股份有限公司（以下简称"公司"）董事会于 2025 年 10 月 28 日收到公司董事孙永浩先生的书面辞职报告。孙永浩先生因 工作变动辞去公司董事职务。同日公司董事会接到公司工会《关于推 选宁波海运股份有限公司董事会职工董事的函》，公司职代会代表组 长联席会议选举孙永浩先生为公司第十届董事会职工董事。 一、董事离任情况 孙永浩先生已按公司相关规定完成交接工作。 二、选举职工代表董事基本情况 根据《公司法》《公司章程》等相关规定，公司董事会中应包含 职工董事，以保障职工依法参与公司治理，维护职工合法权益。公司 原董事孙永浩先生因工作变动，向董事会提交书面辞职报告，辞去公 司董事职务。为确保公司董事会成员符合法定人数，完善治理结构， 公司依据相关规定启动职工董事选举工作。 公司董事会于 2025 年 10 月 28 日接到公司工会 ...

Core Insights - The shipping and port sector experienced a rise of 0.58% on October 27, with Bohai Ferry leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Stock Performance Summary - Bohai Ferry (603167) closed at 10.37, up 4.85%, with a trading volume of 203,300 shares and a turnover of 209 million yuan [1] - China Ocean Shipping (601083) closed at 12.39, up 1.56%, with a trading volume of 143,800 shares and a turnover of 178 million yuan [1] - The overall performance of the shipping and port sector stocks showed mixed results, with some stocks experiencing declines [2] Capital Flow Analysis - The shipping and port sector saw a net outflow of 363 million yuan from institutional investors, while retail investors contributed a net inflow of 336 million yuan [2] - The data indicates that retail investors were more active in the market compared to institutional investors on that day [2] Individual Stock Capital Flow - China Ocean Shipping (601919) had a net inflow of 2.32 billion yuan from institutional investors, while it faced a net outflow of 1.78 billion yuan from speculative funds [3] - China Ocean Energy (600026) saw a net inflow of 30.53 million yuan from institutional investors, with a net outflow of 64.80 million yuan from retail investors [3] - The capital flow data highlights the varying levels of interest from different types of investors across the sector [3]

Group 1 - The stock price of Ningbo Marine dropped by 2.18% on October 23, trading at 4.04 CNY per share, with a total market capitalization of 4.874 billion CNY [1] - Year-to-date, Ningbo Marine's stock price has increased by 34.22%, but it has seen a decline of 4.27% over the last five trading days [1] - The company has appeared on the trading leaderboard 12 times this year, with the most recent instance on June 25, where it recorded a net buy of -33.67 million CNY [1] Group 2 - Ningbo Marine, established on April 18, 1997, primarily engages in domestic coastal and Yangtze River transportation, accounting for 80.15% of its revenue, while highway operations contribute 19.28% [2] - As of June 30, the number of shareholders increased by 107.59% to 118,600, while the average circulating shares per person decreased by 51.83% to 10,172 shares [2] - For the first half of 2025, Ningbo Marine reported a revenue of 1.157 billion CNY, reflecting a year-on-year growth of 11.33%, but a net profit loss of 39.23 million CNY, a decrease of 113.43% [2] Group 3 - Since its A-share listing, Ningbo Marine has distributed a total of 1.43 billion CNY in dividends, with 96.52 million CNY paid out in the last three years [3]

Market Overview - The shipping and port sector declined by 0.62% on October 22, with Haixia Co. leading the drop [1] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Stock Performance - Notable gainers in the shipping and port sector included: - Zhonggu Logistics (603565) with a closing price of 11.18, up 1.82% [1] - Tangshan Port (601000) at 4.00, up 1.01% [1] - COSCO Shipping Specialized (600428) at 7.21, up 0.84% [1] - Major decliners included: - Haixia Co. (002320) at 13.59, down 7.55% [2] - Antong Holdings (600179) at 4.29, down 6.94% [2] - Haitong Development (603162) at 10.63, down 6.01% [2] Trading Volume and Capital Flow - The shipping and port sector experienced a net outflow of 752 million yuan from institutional investors, while retail investors saw a net inflow of 708 million yuan [2][3] - The trading volume for Zhonggu Logistics was 177,100 shares, with a transaction value of 197 million yuan [1] Individual Stock Capital Flow - Zhonggu Logistics (603565) had a net inflow of 10.93 million yuan from retail investors, while institutional investors saw a net outflow of 54.53 million yuan [3] - COSCO Shipping Holdings (601866) had a net inflow of 73,040 yuan from retail investors, with a minor outflow from institutional investors [3]

Core Insights - The shipping and port sector experienced a rise of 0.48% on October 21, with Ningbo Marine leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Sector Performance - Ningbo Marine (600798) closed at 4.22, with a gain of 3.18% and a trading volume of 1.0529 million shares, amounting to a transaction value of 438 million yuan [1] - Other notable performers include: - Haixia Co. (002320) at 14.70, up 2.80% with a volume of 2.0146 million shares [1] - COSCO Shipping Development (601866) at 2.65, up 2.32% with a volume of 1.3505 million shares [1] - Ningbo Ocean (601022) at 10.66, up 1.91% with a volume of 330,700 shares [1] - Liaoning Port (601880) at 1.80, up 1.69% with a volume of 1.5551 million shares [1] Capital Flow - The shipping and port sector saw a net outflow of 238 million yuan from institutional funds and 282 million yuan from speculative funds, while retail investors contributed a net inflow of 520 million yuan [3]