证券代码：601083 证券简称：锦江航运 公告编号：2025-024 上海锦江航运（集团）股份有限公司 关于使用部分闲置募集资金进行现金管理的公告 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： 投资种类：安全性高、流动性好、具有合法经营资格的金融机构销售的 保本型现金管理产品。 现金管理额度：不超过人民币 13 亿元，该额度在决议有效期限内可滚动 使用。 已履行的审议程序：上海锦江航运（集团）股份有限公司（以下简称 "公司"）于 2025 年 6 月 26 日召开第二届董事会第二次会议、第一届监事会第 十八次会议，审议通过了《上海锦江航运（集团）股份有限公司关于使用部分闲 置募集资金进行现金管理的议案》。保荐机构国泰海通证券股份有限公司出具了 无异议的核查意见。本事项无须提交公司股东大会审议。 特别风险提示：公司将选择安全性高、流动性好、具有合法经营资格的 金融机构销售的保本型现金管理产品，但仍不排除因市场波动、宏观金融政策变 化等原因引起的影响收益的情况。提醒广大投资者注意投资风险。 一、使用闲置募集资金 ...

证券代码：601083 证券简称：锦江航运 公告编号：2025-023 上海锦江航运（集团）股份有限公司 第一届监事会第十八次会议决议公告 一、监事会会议召开情况 上海锦江航运（集团）股份有限公司（以下简称"公司"）已于 2025 年 6 月 20 日以电子邮件方式向全体监事发出第一届监事会第十八次会议通知和材料。 会议于 2025 年 6 月 26 日以通讯方式召开。公司监事会全体 3 名监事审议了本次 会议的议案，以书面通讯方式发表了表决意见。本次会议的召开符合《公司法》 等有关法律法规及《公司章程》《公司监事会议事规则》的规定，所形成的决议 合法有效。 二、监事会会议审议情况 本次会议审议并通过了以下事项： （一）审议通过了《上海锦江航运（集团）股份有限公司关于使用部分闲 置募集资金进行现金管理的议案》 监事会认为：公司使用部分闲置募集资金进行现金管理，有利于提高募集资 金的使用效率，不会影响公司募集资金投资项目正常进行，没有变相改变募集资 金用途，不存在损害公司和股东利益的情形。公司使用部分暂时闲置募集资金进 行现金管理的决策程序符合《上市公司募集资金监管规则》《上海证券交易所股 票上市规则》《上海证 ...

证券代码：601083 证券简称：锦江航运 公告编号：2025-022 上海锦江航运（集团）股份有限公司 第二届董事会第二次会议决议公告 （一）审议通过了《上海锦江航运（集团）股份有限公司关于使用部分闲置 募集资金进行现金管理的议案》 表决结果：同意 9 票，反对 0 票，弃权 0 票。 具体内容详见公司同日披露于上海证券交易所网站（www.sse.com.cn）的《上 海锦江航运（集团）股份有限公司关于使用部分闲置募集资金进行现金管理的公 告》（公告编号：2025-024）。 （二）审议通过了《关于制定<上海锦江航运（集团）股份有限公司市值管 理制度>的议案》 表决结果：同意 9 票，反对 0 票，弃权 0 票。 特此公告。 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。 一、董事会会议召开情况 上海锦江航运（集团）股份有限公司（以下简称"公司"）第二届董事会第 二次会议于 2025 年 6 月 26 日以通讯方式召开。会议通知和材料已于 2025 年 6 月 20 日以电子邮件方式向全体董事发出。公司董事会全体 9 名董事 ...

Investment Rating - The report assigns a "Buy" rating for the company, indicating a positive outlook for its future performance [5][8]. Core Views - The company, Jinjiang Shipping, is positioned as a premium shipping company in Asia, focusing on the Northeast Asia routes while expanding into Southeast Asia, which is expected to drive growth [7][10]. - The company has a strong operational model with high-quality service standards, particularly in its Northeast Asia routes, which serve as a stable revenue source [10][36]. - The financial health of the company is robust, with a consistent dividend payout ratio of around 50% since its IPO, reflecting strong cash flow and profitability [44][75]. Summary by Sections Market Performance - As of June 23, 2025, the closing price of the company's stock is 11.72 CNY, with a total market capitalization of 15,167.09 million CNY and a circulating market value of 2,275.09 million CNY [3]. Financial Forecast and Valuation - The company is projected to generate revenues of 5,799 million CNY in 2025, with a slight decline of 2.87% year-on-year, followed by growth in subsequent years [6][74]. - The expected net profit for 2025 is 800 million CNY, reflecting a year-on-year decrease of 21.58%, but with a recovery forecasted in the following years [6][75]. - The price-to-earnings (P/E) ratios for 2025, 2026, and 2027 are estimated at 18.95, 17.05, and 14.63, respectively, indicating a favorable valuation compared to historical performance [6][75]. Business Model and Strategy - Jinjiang Shipping has established a differentiated service model, focusing on high punctuality and premium services, particularly through its Hot Delivery Service (HDS) [7][27]. - The company is expanding its operations into Southeast Asia, replicating its successful Northeast Asia model, which is expected to enhance profitability [10][43]. - The company has a strong market presence, maintaining a leading market share in key routes such as Shanghai to Japan [15][24]. Industry Outlook - The Asian intra-regional shipping market is expected to grow, driven by stable economic growth and the deepening of trade agreements like RCEP [55][62]. - Demand for shipping services is projected to increase, with forecasts indicating a growth rate of 2.5% to 3.0% in shipping demand for the Asian region in 2025 and 2026 [55][67]. - Supply-side constraints, including a reduction in new ship deliveries and aging fleets, are anticipated to limit capacity growth, which may support freight rates in the coming years [67][70].

锦江航运依托"一带一路"战略，积极拓展东南亚市场，已开通四条快 速航线，显著提升了海防至上海（3.5 天）和胡志明市至上海（4.5 天） 的运输时效，构建了新的增长引擎。 公司通过与上海港及其他港口深度联动，提升运输规划能力，保持高准 班率，并与东北亚、东南亚港口建立良好合作关系，尤其是在上海-日本 线上提供 HDS 快航服务，实现小时级精准运输。 尽管 2025 年上半年上海至欧美航线价格受需求和关税影响下滑，但近 期因关税缓和而大幅上涨（如美西线自 5 月 12 日起上涨 80%），东南 亚航线价格保持坚挺，中日和海峡两岸航线价格稳定。 中国大陆和台湾地区的经济发展为锦江航运的传统主业提供坚实支撑， 大陆 GDP 年均增长 9.52%，台湾地区 GDP 年均增长 2.9%，带动两岸 航线运输量和价格稳步增长。 东盟国家经济快速发展，为锦江航运的东南亚业务提供增长空间，中国 大陆对东盟出口额显著增长，推动了中国到东南亚工业中间品贸易及集 装箱运输量的增长。 Q&A 锦江航运在东北亚和东南亚市场的扩展情况如何？ 锦江航运作为东北亚区域航线的龙头企业，近年来积极向东南亚市场扩展。公 司成立于 1983 年，并于 ...

Group 1 - Over 1500 companies have completed their dividend distribution for the year 2024, with 1532 companies having implemented their dividend plans as of June 9 [2][3] - Companies such as Haibo Sichuang, Lizhu Group, Huate Dain, and Midea Group are among those with the highest proposed dividend amounts per share [2][3] - Midea Group plans to distribute 35 yuan in cash for every 10 shares, with the record date on June 11, 2025, and the payment date on June 12, 2025 [2][3] Group 2 - Renhe Pharmaceutical announced a cash dividend of 1.5 yuan per 10 shares, with the record date on June 16, 2025, and the payment date on June 17, 2025 [3] - Haibo Sichuang plans to distribute a cash dividend of 1.1 yuan per share, with the record date on June 12, 2025, and the payment date on June 13, 2025 [4] Group 3 - Several companies are announcing mid-term dividend plans, with Zhangjiang Hi-Tech proposing to increase mid-term cash dividends based on profitability and cash flow [5][6] - High New Development is seeking authorization to establish a mid-term dividend plan for 2025, emphasizing the need for positive earnings and cash flow [6] Group 4 - The Shanghai Stock Exchange held a meeting to discuss enhancing high dividend and high yield company valuations, indicating a push for increased dividend distributions [7] - Experts suggest that dividends can boost investor confidence and reflect a company's cash strength and profitability [7]

Core Points - The company announced a cash dividend of 0.288 CNY per share (including tax) for the fiscal year ending 2024, approved at the shareholders' meeting on April 29, 2025 [2][4] - The total cash dividend distribution amounts to 372,706,560 CNY (including tax), based on a total share capital of 1,294,120,000 shares [4] - 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 registration date [3] Distribution Details - The cash dividends will be distributed through the clearing system of the China Securities Depository and Clearing Corporation Limited, with shareholders who have designated trading able to receive their dividends on the payment date [5] - For shareholders holding unrestricted circulating shares, the dividends will be directly distributed by the company [8] Taxation Information - For individual shareholders and securities investment funds holding unrestricted circulating shares, no income tax will be withheld at the time of dividend distribution. The tax will be calculated based on the holding period when the shares are sold [9] - For Qualified Foreign Institutional Investors (QFIIs), the company will distribute dividends after deducting a 10% corporate income tax, resulting in a net dividend of 0.2592 CNY per share [10] - For Hong Kong market investors, the dividends will also be subject to a 10% withholding tax, leading to a net distribution of 0.2592 CNY per share [10] - Other institutional investors and corporate shareholders will be responsible for their own tax payments, receiving a gross dividend of 0.288 CNY per share [10]

证券代码：601083 证券简称：锦江航运 公告编号：2025-021 上海锦江航运（集团）股份有限公司 2024年末期权益分派实施公告 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 | 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 | 2025/6/16 | － | 2025/6/17 | 2025/6/17 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经上海锦江航运（集团）股份有限公司（以下简称"公司"） 2025 年 4 月 29 日的2024年年度股东大会审议通过。 二、 分配方案 1. 发放年度：2024年末期 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 A 股每股现金红利0.288元（含税） 相关日期 3. 分配方案： ...

Summary of Jinjiang Shipping Conference Call Company Overview - **Company**: Jinjiang Shipping - **Year**: 2024 - **Revenue**: 0.21 billion RMB, up 37.45% YoY - **Total Assets**: 103.57 billion RMB - **Net Assets**: 86.18 billion RMB - **Market Position**: Maintains the first market share in the Shanghai-Japan route and is actively expanding Southeast Asia routes [2][3][5] Key Points and Arguments Industry Dynamics - **Asian Shipping Market**: Benefiting from a recovery, with significant growth in trade volumes, particularly in the Northeast Asia and Southeast Asia routes [2][3][5] - **Trade Values**: - China-Japan trade value reached 2.19 trillion RMB - Cross-strait trade value reached 2.08 trillion RMB - China-ASEAN trade value reached 6.99 trillion RMB, up 9% YoY [5][19] Financial Performance - **Container Volume**: 2.3934 million TEUs in 2024, with revenue of 5.97 billion RMB, up 13.36% YoY [3] - **Net Profit**: 1.021 billion RMB, up 37.45% YoY [3] - **Dividend Policy**: Total dividend of 5.15 RMB, accounting for 50.46% of net profit [4][26] Strategic Initiatives - **"One Main Two Wings" Strategy**: Extending logistics services to both ends, providing customized comprehensive logistics solutions [2][6] - **New Routes**: Launched new routes in India, Pakistan, and the Middle East, enhancing service capabilities [7][19] - **Southeast Asia Expansion**: New smart logistics products reducing transit times significantly, enhancing brand competitiveness [7][10] Market Trends - **Southeast Asia Market**: Expected to see a price increase trend from 2025 onwards, with significant growth in container shipping demand [12][19] - **Cargo Structure Changes**: Shift from low-end to high-end products, particularly in electronics, necessitating faster delivery services [16][18] Operational Efficiency - **Fleet Expansion**: Investment in new vessels, including three 1,900 TEU ships and two 1,100 TEU ships for enhanced service [22][23] - **Operational Strategy**: Maintaining a 50% leasing ratio while increasing owned fleet to improve cost control and service efficiency [24] Shareholder Returns - **Focus on Returns**: Commitment to maintaining a minimum of 50% dividend payout ratio while balancing capital expenditures [25][26] Future Outlook - **Market Growth**: Positive expectations for cargo growth in Southeast Asia, with a focus on maintaining operational stability and exploring new opportunities [27] Additional Important Insights - **Impact of Tariff Policies**: Long-term trends suggest increased freight volumes in Southeast Asia due to ongoing shifts in manufacturing and trade patterns [19][20] - **Integration of Services**: Efforts to integrate services between Japan and Southeast Asia to meet high delivery time demands [21]

Group 1 - The Free Trade Port concept declined by 0.68%, ranking among the top declines in concept sectors, with notable declines in stocks such as Xiamen Port, Ningbo Port, and Jinjiang Shipping [1] - Among the concept stocks, 14 experienced price increases, with Milkewei, Xinlong Holdings, and Shanghai Jianke leading with gains of 4.81%, 2.38%, and 1.64% respectively [1][2] - The top gaining concept sectors included Cultivated Diamonds (up 4.10%), Pet Economy (up 4.08%), and Animal Vaccines (up 4.00%), while the Shipping concept saw a decline of 1.44% [1] Group 2 - The Free Trade Port concept saw a net outflow of 417 million yuan, with 28 stocks experiencing net outflows, and five stocks seeing outflows exceeding 30 million yuan [1] - Xiamen Port had the highest net outflow of 127 million yuan, followed by Ningbo Port and Jinjiang Shipping with outflows of 67.43 million yuan and 40 million yuan respectively [1][2] - The stocks with the highest net inflows included Tianjin Port, Jiacheng International, and Xinlong Holdings, with inflows of 23.35 million yuan, 13.95 million yuan, and 7.49 million yuan respectively [1]