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]

Core Viewpoint - The implementation of China's special port service fee for U.S. vessels has led to significant changes in the shipping and logistics landscape, with companies adapting through rerouting and restructuring to maintain operational stability despite the absence of U.S.-flagged vessels in Chinese ports [1][3]. Port Operations - Major ports are operating smoothly, with no U.S.-owned shipping companies conducting business in Chinese ports since the policy took effect [3]. - The Guangzhou Port, a key gateway in South China, continues to maintain stable cargo and container throughput, ranking among the world's top ports [3]. Shipping Company Responses - Shipping companies have quickly adapted to the new regulations, with Maersk and other firms implementing rerouting measures to avoid U.S. flagged vessels docking at Chinese ports [6]. - Pacific Shipping is restructuring its operations by relocating part of its fleet to Singapore and changing the flag of its vessels to avoid the special port service fee [6][7]. Market Dynamics - The shipping market, particularly for bulk commodities, is expected to require time to adjust, but signs of stabilization are emerging [10]. - The overall supply of vessels remains sufficient, and there is no structural shortage, with charterers managing their shipping schedules to avoid market volatility [10]. Future Outlook - The recent discussions between China and the U.S. regarding maritime logistics and shipbuilding measures indicate a potential for constructive dialogue and resolution of trade issues [11]. - The adjustments made by shipping companies may lead to a more favorable market environment in the long term, as they seek clarity on regulatory changes and aim to minimize operational costs [10].

Core Viewpoint - Ningbo Port has demonstrated significant growth and development during the "14th Five-Year Plan" period, reflecting the national strategy for high-quality development of listed companies in China [1] Infrastructure Development - During the "14th Five-Year Plan," Ningbo Port has enhanced its core competitiveness and has become a key strategic hub for China's dual circulation development [2] - The port has established a robust infrastructure, including four major container terminal clusters and bulk cargo berths, which are operating efficiently to support its operations [2] Smart Infrastructure - Ningbo Port has accelerated its "2+1" smart terminal construction, achieving milestones such as the world's largest remote-controlled automated equipment cluster and the first open mixed-operation automated container terminal [3] - The port's intelligent cargo handling system has been implemented at various terminals, achieving over 99% accuracy in RFID electronic seals, with automation rates expected to exceed 30% by 2024 [3] Business Performance - In 2024, Ningbo Port reported revenues of 28.702 billion yuan and a net profit of 4.898 billion yuan, marking increases of 35% and 43% respectively compared to the end of the "13th Five-Year Plan" [4] - The port handled a cargo throughput of 1.377 billion tons and a container throughput of 39.301 million TEUs, representing growth rates of 17.5% and 36.8% respectively [4] Port and Shipping Service Enhancement - Ningbo Port has improved its port and shipping services by establishing multiple logistics nodes and enhancing intermodal transport systems, creating a new collaborative development pattern [5][6] - The port has opened 109 sea-rail intermodal transport routes, with a significant increase in business volume expected to reach 1.818 million TEUs by 2024 [6] International Expansion - Ningbo Port has actively pursued international projects and logistics channels, establishing offices in Hong Kong and Singapore, and expanding its logistics network in the Middle East and Southeast Asia [7][8] - The port is also focusing on the operation of China-Europe freight trains, enhancing its role in facilitating trade between Asia and Europe [8] Capital Operations - The company has innovated its capital operations, successfully completing significant projects such as a major capital increase and the spin-off listing of its subsidiary, which supports its international development strategy [9] - Looking ahead to the "15th Five-Year Plan," Ningbo Port aims to implement new development concepts to enhance its operational quality and efficiency [9]

Core Points - The company announced a cash dividend of 0.030 yuan per share for the first half of 2025, totaling approximately 583.63 million yuan [2][4] - The profit distribution plan was approved at the second extraordinary general meeting of shareholders held on September 26, 2025 [2][3] - The dividend will be distributed to all shareholders registered with the China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of trading on the record date [3][4] Distribution Plan - The total share capital before the distribution is 19,454,388,399 shares, with a cash dividend of 0.030 yuan per share [4] - The distribution will be executed through the China Securities Depository and Clearing Corporation Limited, with cash dividends available for shareholders who have completed designated trading [5][6] - Specific shareholders, including Ningbo Zhoushan Port Group Co., Ltd. and others, will receive cash dividends directly from the company [7] Taxation Details - Individual shareholders holding unrestricted circulating shares will have their dividend income taxed based on their holding period, with different tax treatments for varying durations [8] - For other corporate shareholders, the company will not withhold corporate income tax, and the actual cash dividend remains 0.030 yuan per share [9] - Qualified Foreign Institutional Investors (QFIIs) will receive a net dividend of 0.0270 yuan per share after a 10% withholding tax, unless they provide valid documentation to avoid this withholding [9][10]

Group 1 - The core point of the announcement is that Ningbo Port has declared a cash dividend of 0.030 yuan per share (tax included) for the first half of 2025 [1] - The record date for the dividend is set for October 23, 2025, and the ex-dividend date is October 24, 2025 [1]

证券代码：601018 证券简称：宁波港 编号：临 2025-050 债券代码：175812 债券简称：21 宁港 01 1.基本信息 倪敏先生，自 2001 年加入德勤华永并开始从事上市公司审计及 与资本市场相关的专业服务工作，2003 年注册为注册会计师，现为 中国注册会计师执业会员。倪敏先生从事证券服务业务逾 24 年，曾 为多家上市企业提供审计专业服务并担任项目合伙人和签字注册会 计师，具备相应专业胜任能力。 宁波舟山港股份有限公司 关于会计师事务所变更质量控制复核人的公告 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。 宁波舟山港股份有限公司（以下简称"公司"）分别于 2025 年 3 月 26 日和 2025 年 4 月 17 日召开公司第六届董事会第十六次会议和 公司 2024 年年度股东大会，审议通过了《关于续聘德勤华永会计师 事务所（特殊普通合伙）担任公司 2025 年度财务报告和内控审计机 构的议案》，同意续聘德勤华永会计师事务所（特殊普通合伙）（以下 简称"德勤华永"）为公司（含合并范围内子公司）202 ...

证券代码：601018 证券简称：宁波港 公告编号：临 2025-049 债券代码：175812 债券简称：21 宁港 01 宁波舟山港股份有限公司 2025年半年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利0.030元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/10/23 | － | 2025/10/24 | 2025/10/24 | 差异化分红送转： 否 一、 通过分配方案的股东会届次和日期 本次利润分配方案已经公司2025 年 9 月 26 日召开的2025年第二 次临时股东大会审议通过。相关股东大会决议公告已刊登在《中国证 券报》《上海证券报》《证券时报》《证券日报》及上海证券交易所网站 （http://www.sse.com.cn）。 1 二、 分配方案 1. 发放年度：2025年半年度 2. 分派对象 ...

Core Points - The Zhejiang state-owned enterprise reform sector experienced a decline of 0.46% on October 16, with Chuangyuan Co., Ltd. leading the drop [1] - The Shanghai Composite Index closed at 3916.23, up 0.1%, while the Shenzhen Component Index closed at 13086.41, down 0.25% [1] Stock Performance - Notable gainers in the Zhejiang state-owned enterprise reform sector included: - Ningbo Ocean (601022) with a closing price of 10.57, up 5.17% and a trading volume of 662,300 shares, totaling 697 million yuan [1] - ST Jianhai (002586) with a closing price of 3.95, up 4.22% and a trading volume of 252,500 shares, totaling 99.89 million yuan [1] - Guyue Longshan (600059) with a closing price of 10.35, up 3.92% and a trading volume of 362,400 shares, totaling 376 million yuan [1] - Major decliners included: - Chuangyuan Co., Ltd. (300703) with a closing price of 29.56, down 6.60% and a trading volume of 93,000 shares, totaling 282 million yuan [2] - Yunda Co., Ltd. (300772) with a closing price of 19.18, down 4.39% and a trading volume of 276,500 shares, totaling 534 million yuan [2] - Zhejiang Dongri (600113) with a closing price of 52.35, down 4.17% and a trading volume of 49,700 shares, totaling 264 million yuan [2] Capital Flow - The Zhejiang state-owned enterprise reform sector saw a net outflow of 254 million yuan from institutional investors, while retail investors experienced a net inflow of 179 million yuan [2][3] - Key stocks with significant capital flow included: - Small Commodity City (600415) with a net inflow of 1.43 billion yuan from institutional investors [3] - Ningbo Ocean (601022) with a net inflow of 38.76 million yuan from institutional investors [3] - Qijing Machinery (603677) with a net inflow of 10.46 million yuan from institutional investors [3]

Core Insights - Ningbo Port's stock price increased by 2.13% on October 14, reaching 3.83 CNY per share with a trading volume of 410 million CNY and a market capitalization of 74.51 billion CNY [1] - Year-to-date, Ningbo Port's stock price has risen by 2.35%, with a 4.36% increase over the last five trading days and a 6.09% increase over the last 20 days [2] - For the first half of 2025, Ningbo Port reported a revenue of 14.92 billion CNY, a year-on-year growth of 3.27%, and a net profit attributable to shareholders of 2.60 billion CNY, reflecting a year-on-year increase of 16.28% [2] Company Overview - Ningbo Zhoushan Port Co., Ltd. is located in Ningbo, Zhejiang Province, and was established on March 31, 2008, with its shares listed on September 28, 2010 [2] - The company's main business includes container handling, iron ore, crude oil, coal, liquefied petroleum products, grain, construction materials, and other cargo handling, along with comprehensive logistics and trade sales [2] - The revenue composition of Ningbo Port is as follows: container handling and related services (34.32%), comprehensive logistics and other services (33.59%), other cargo handling (10.48%), trade sales (10.34%), iron ore handling (8.25%), crude oil handling (1.69%), and others (1.33%) [2] Shareholder Information - As of June 30, 2025, Ningbo Port had 147,300 shareholders, an increase of 9.26% from the previous period, with an average of 107,307 circulating shares per shareholder, a decrease of 8.48% [2] - The company has distributed a total of 18.26 billion CNY in dividends since its A-share listing, with 5.56 billion CNY distributed over the last three years [3] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the seventh largest, holding 96.54 million shares, an increase of 37.15 million shares from the previous period [3]

Core Insights - The construction of the first phase of the Fodu Container Terminal project at Ningbo-Zhoushan Port has officially commenced, marking a significant milestone in the development of a world-class port in Zhejiang Province [1][3]. Project Overview - The Fodu Container Terminal project is part of the ten landmark projects for building a world-class strong port in Zhejiang, featuring seven container berths of 200,000 tons and a planned annual throughput of 6.5 million TEUs [3]. - This project is the first hundred-billion-level terminal project initiated after the approval of the "Ningbo-Zhoushan Port Overall Planning (2035)" [3]. - The first phase includes the construction of two 200,000-ton container berths and related land facilities, with a designed annual throughput capacity of 2.01 million TEUs, expected to be completed by the end of 2027 [3][5]. Strategic Importance - The project aims to alleviate the bottleneck in container throughput capacity at Ningbo-Zhoushan Port, enhancing its ability to service ultra-large container ships and solidifying its position as a core global container hub [5]. - It is expected to stimulate the development of high-end shipping services, port manufacturing, and clean energy industries on Liuhong Island, attracting more upstream and downstream enterprises [5]. - The terminal will support the integrated development of the Yangtze River Delta and the construction of the Yangtze Economic Belt, providing more efficient maritime logistics channels for coastal and riverine areas [5].