2025年以来，保险公司触发举牌的投资事件已经达到21次， 超过去年全年的举牌次数。 作者：姜鑫 封图：图虫创意 举牌步伐加快 2025年7月22日，中邮保险发布公告称，公司触发了对绿色动力环保（01330.HK）H股的举牌。 无独有偶，就在7月，信泰人寿、利安人寿也披露了举牌信息。据经济观察报记者统计，2025年以 来，保险公司触发举牌的投资事件已经达到21次，超过去年全年的举牌次数。 举牌涉及平安人寿、中邮保险、新华人寿、瑞众人寿、中国人寿、长城人寿、阳光人寿、利安人寿 等多家公司。 7月22日，中国人寿集团在公司2025年上半年经营管理工作会议上披露了权益投资数据——截至今 年6月底，公开市场权益投资净买入超900亿元。 随着A股市场的震荡上行与港股市场回暖，保险资金在资本市场上动作频频。 人寿通过战略配售增持3.01亿股，上市后持股比例升至2.68%，位列第三大股东。华电新能上市首 日股价暴涨125.79%，截至7月22日，累计涨幅达40.55%。 根据中邮保险公告，2025年7月4日，公司买入绿色动力环保H股股票72.6万股，触发H股举牌。本 次举牌后，公司直接持有绿色动力环保H股股票2051万股， ...

经济观察报 记者 姜鑫 随着A股市场的震荡上行与港股市场回暖，保险资金在资本市场上动作频频。 2025年7月22日，中邮保险发布公告称，公司触发了对绿色动力环保（01330.HK）H股的举牌。 无独有偶，就在7月，信泰人寿、利安人寿也披露了举牌信息。据经济观察报记者统计，2025年以来，保险公司触发举牌的投资事件已经达到21次，超过去 年全年的举牌次数。 举牌涉及平安人寿、中邮保险、新华人寿、瑞众人寿、中国人寿、长城人寿、阳光人寿、利安人寿等多家公司。 7月22日，中国人寿集团在公司2025年上半年经营管理工作会议上披露了权益投资数据——截至今年6月底，公开市场权益投资净买入超900亿元。 举牌步伐加快 根据中邮保险公告，2025年7月4日，公司买入绿色动力环保H股股票72.6万股，触发H股举牌。本次举牌后，公司直接持有绿色动力环保H股股票2051万股， 占其H股股本比例为5.0722%。本次举牌前，公司直接持有绿色动力环保H股股票1978.4万股，占其H股股本比例为4.8927%。 就在今年4月29日，中邮保险在A股市场也触发举牌。根据公司披露，中邮保险斥资8.69亿元通过协议转让方式受让东航物流（6011 ...

| | 证券代码：601156 | 证券简称：东航物流 | | | | 公告编号：临 | 2025-026 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 东方航空物流股份有限公司 | | | | | | | | | 关于 | 5%以上股东股份质押的公告 | | | | | | | | | | 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： | | | | | | | | | ? | | 截至本公告披露日，股东联想控股股份有限公司（以下简称"联想控股"）持 | | | | | | | | | | 有东方航空物流股份有限公司（以下简称"公司"）股份数量 | | | | 179,254,133 | 股， | | | | 占公司总股本比例为 | | | 11.29%。联想控股持有公司股份累计质押数量（含本次） | | | | | | | 公司于 2025 年 ...

截至本公告披露日，股东联想控股股份有限公司（以下简称"联想控股"）持 有东方航空物流股份有限公司（以下简称"公司"）股份数量 179,254,133 股， 占公司总股本比例为 11.29%。联想控股持有公司股份累计质押数量（含本次） 80,800,000 股，占其持股数量的比例为 45.08%。 公司于 2025 年 7 月 17 日获悉联想控股所持有本公司的部分股份被质押，具 体情况如下。 证券代码：601156 证券简称：东航物流 公告编号：临 2025-026 东方航空物流股份有限公司 关于 5%以上股东股份质押的公告 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： 3.股东累计质押股份情况 特此公告。 东方航空物流股份有限公司董事会 2025 年 7 月 18 日 2 股东名称 持股数量(股) 持股比 例 本次质押前 累计质押数 量（股） 本次质押后 累计质押数 量（股） 占其所 持股份 比例 占公 司总 股本 比例 已质押股份情况 未质押股份情况 已质押股份中 限售股份数量 （股） 已质押股份中 冻结 ...

Group 1 - Eastern Airlines Logistics (601156) announced that its shareholder, Legend Holdings Corporation, holds 179 million shares, accounting for 11.29% of the company's total share capital [1] - As of the announcement date, Legend Holdings has pledged a total of 80.8 million shares, which represents 45.08% of its holdings and 5.09% of the company's total share capital [1] - The current pledge involves 52 million shares, making up 29.01% of its holdings and 3.28% of the company's total share capital, with the pledge starting on July 16, 2025, and expiring on July 16, 2027 [1] Group 2 - The pledge is secured by Industrial International Trust Co., Ltd., and the funds raised from the pledge will be used to repay interest-bearing liabilities [1]

Group 1: Shipping Industry - The shipping industry is expected to see a divergence in freight rates, with crude oil rates softening while refined oil rates are recovering, indicating a potential bottoming out of oil shipping rates during the summer [1] - The current supply-demand dynamics suggest that marginal changes in demand could have a multiplier effect on freight rates, leading to a recommendation for companies like COSCO Shipping Energy and China Merchants Energy [1] - The container shipping sector is facing pressure on profitability due to ongoing tariff policies and a subdued economic outlook in Europe and the US, with a recommendation to monitor COSCO Shipping Holdings for potential alpha opportunities [1][2] Group 2: Aviation Industry - The aviation sector has entered the peak summer travel season, with domestic flight volumes increasing by 3.1% compared to the previous week, and overall flight volumes reaching 112.3% of 2019 levels [2] - The average ticket price for domestic routes has decreased by 6.6% year-on-year, while the passenger load factor has improved by 1.4 percentage points to 84.1% [2] - Investment recommendations include closely tracking ticket price performance during the summer peak and considering opportunities in airlines such as Air China, China Eastern Airlines, and Spring Airlines [2][5] Group 3: Express Delivery Industry - The "anti-involution" policy released on July 1 aims to curb excessive competition in the express delivery sector, which is currently characterized by severe price competition [3] - The introduction of unmanned logistics vehicles is expected to significantly reduce costs for leading companies like SF Express and ZTO Express, with potential cost savings of approximately 2000 yuan per vehicle per month for SF Express [3][4] - Investment recommendations focus on SF Express due to its strong recovery in revenue growth and cost-saving measures, while also monitoring ZTO Express and Yunda Holdings for potential opportunities [3][5][6] Group 4: Overall Investment Recommendations - The report suggests focusing on domestic demand and high-dividend sectors, recommending companies with stable operations and controllable risks, including SF Express, ZTO Express, and China Southern Airlines [5] - The express delivery sector is projected to maintain a growth rate of 21.5% for the year, driven by strong demand from e-commerce platforms [6] - The report emphasizes the importance of monitoring price changes and the stability of franchisees in the express delivery industry to capitalize on the effects of the "anti-involution" policy [6]

Group 1: Company Initiatives - Great Wall Motors launched a special recruitment event targeting talents over 35 years old, aiming to attract experienced professionals and resonate with public expectations for workplace fairness [1][6][7] - BYD announced a significant breakthrough in intelligent parking, achieving capabilities comparable to L4 level, enhancing user trust with a safety guarantee for its vehicles [2][4] - JD.com initiated the "Double Hundred Plan," committing over 10 billion yuan to support brands in achieving significant sales milestones, aiming to strengthen its position in the instant retail sector [3][4] Group 2: Technological Advancements - Alibaba's DAMO Academy shared progress on its multi-cancer early screening AI, which has served 20 million people across 9 countries, showcasing the potential of AI in healthcare [3][4] - Tencent launched the Hunyuan3D-PolyGen, a 3D generation model aimed at improving modeling efficiency for artists, aligning with the growing demand for 3D content in gaming and film industries [7][8] Group 3: Corporate Social Responsibility - CATL's vice chairman and spouse donated 4.05 million shares to Fudan University, reflecting the company's commitment to higher education and community support [6]

证券代码：601156 证券简称：东航物流 公告编号：临 2025-025 特此公告。 东方航空物流股份有限公司董事会 东方航空物流股份有限公司 关于聘任高级管理人员的公告 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。 事会第 3 次普通会议，经董事长郭丽君先生召集，以通讯会议方式召开。公司按照 规定向全体董事发出了会议通知和会议文件，本次董事会会议应出席董事 10 人， 实际出席董事 10 人。会议的召集及表决程序符合《公司法》和《公司章程》等有 关规定。 本次会议以"10 票同意、0 票反对、0 票弃权"的表决结果，审议通过《关于 聘任公司高级管理人员的议案》，同意聘任徐陈先生（简历见附件）为公司副总经 理，任期与第三届董事会任期一致。 公司第三届董事会提名委员会第 2 次会议审议通过了该议案，认为徐陈先生的 任职资格符合《公司法》《公司章程》等相关规定的要求，同意聘任徐陈先生为公 司副总经理，并同意提交公司董事会审议。 附件： 徐陈先生简历 徐陈，男，45岁，于2001年7月参加工作，历任中国货运航空有限公司（以下 简 ...

证券代码：601156 证券简称：东航物流 公告编号：临 2025-025 东方航空物流股份有限公司 关于聘任高级管理人员的公告 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。 2025 年 7 月 8 日，东方航空物流股份有限公司（以下简称"公司"）第三届董 事会第 3 次普通会议，经董事长郭丽君先生召集，以通讯会议方式召开。公司按照 规定向全体董事发出了会议通知和会议文件，本次董事会会议应出席董事 10 人， 实际出席董事 10 人。会议的召集及表决程序符合《公司法》和《公司章程》等有 关规定。 本次会议以"10 票同意、0 票反对、0 票弃权"的表决结果，审议通过《关于 聘任公司高级管理人员的议案》，同意聘任徐陈先生（简历见附件）为公司副总经 理，任期与第三届董事会任期一致。 1 附件： 徐陈先生简历 徐陈，男，45岁，于2001年7月参加工作，历任中国货运航空有限公司（以下 简称"中货航"）网络收益部收益管理处经理、销售服务部长三角营销中心国际销 售处经理、市场营销部销售管理处经理，公司市场营销部收益管理分部高级经理， ...

Investment Rating - The report rates the transportation industry as "Outperforming the Market" [2] Core Insights - The easing of the Israel-Iran conflict has led to a decline in oil tanker rates, with the VLCC market shifting from geopolitical influences to supply-demand fundamentals [3][14] - The establishment of the General Aviation and Low Altitude Economy Working Group by the Civil Aviation Administration of China (CAAC) aims to enhance the development of low-altitude economy and general aviation [3][16] - The price of unmanned logistics vehicles has dropped to around 20,000 yuan, contributing to a 5.3% year-on-year growth in national social logistics total in the first five months of 2025 [3][22] Industry Highlights - The VLCC market sentiment has transitioned to supply-demand fundamentals, with tanker rates under pressure due to increased competition among shipowners and no significant rise in cargo volumes [3][14] - As of July 4, 2025, the shipping rates from Shanghai to Europe increased by 3.5% to 2,101 USD/TEU, while rates to the US West and East coasts decreased by 19.0% and 12.6%, respectively [3][15] - In the first half of 2025, 117 new international air cargo routes were opened in China, with over 233 round-trip flights added weekly [3][16][18] - The logistics sector has seen a total of 138.7 trillion yuan in social logistics, reflecting a 5.3% year-on-year increase, with a slight deceleration in growth compared to previous months [3][24] High-Frequency Data Tracking - In June 2025, domestic cargo flights increased by 9.42% year-on-year, while international flights rose by 32.87% [26][33] - The express delivery sector experienced a 17.20% year-on-year increase in business volume in May 2025, with total express business volume reaching 173.2 billion pieces [56][58] - The national port cargo throughput reached 7.345 billion tons in the first five months of 2025, marking a 3.8% year-on-year growth [52]