证券代码：601228 证券简称：广州港 公告编号：2026-004 债券代码： 240489.SH、243016.SH、243145.SH、243396.SH、243619.SH、244653.SH 债券简称： 24 粤港 01、25 粤港 01、25 粤港 02、25 粤港 03、25 粤港 04、26 粤港 01 广州港股份有限公司 2026 年 3 月份及 1-3 月主要生产数据提示性公告 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。 广州港股份有限公司董事会 2026 年 4 月 2 日 2026 年 3 月份，广州港股份有限公司（以下简称"公司"）预计完成集装箱 吞吐量 234.4 万标准箱，同比增长 0.4%；预计完成货物吞吐量 5,029.2 万吨， 同比增长 0.9%。2026 年 1-3 月，公司预计完成集装箱吞吐量 665.2 万标准箱， 同比增长 5.4%；预计完成货物吞吐量 13,953.6 万吨，同比增长 2.7%。 本公告所载公司 2026 年 3 月份及 1-3 月的业务数据属于快速统计数据， ...

Core Viewpoint - The article discusses the recent developments in the shipping industry, particularly focusing on the VLCC (Very Large Crude Carrier) transportation index and its fluctuations due to geopolitical tensions in the Middle East [1]. Shipping Sector Summary - The VLCC transportation index for West Africa to Ningbo, China, has increased by 3.23% to 150.09 WS, despite a monthly decrease of 6.52%, indicating a significant annual increase of 24.85% [5]. - Key players in the core oil transportation sector include COSCO Shipping Energy and China Merchants Energy Shipping [5]. - The article highlights various shipping segments, including: - **Product Tankers and MR Fleet**: China Merchants Jinling Shipyard [5]. - **Container Shipping**: Major companies include COSCO Shipping Holdings, COSCO Shipping Development, and Jinjing Shipping [5]. - **Dry Bulk Shipping**: Notable firms are China National Offshore Oil Corporation and Haitong Development [5]. - **Special/Chemical/Roll-on Roll-off Shipping**: Key players include COSCO Shipping Special, Xingtong Co., and Shenghang Co. [5]. Port Operations Summary - The article outlines significant port operations in various regions: - **Yangtze River Delta Hub**: Includes Nanjing Port, Lianyungang, Shanghai Port Group, and Ningbo Port [5]. - **Bohai Rim Hub**: Notable ports are Tangshan Port, Tianjin Port, and Qinhuangdao Port [5]. - **Southwest Hub**: Key ports include Guangzhou Port and Zhuhai Port [5]. - **Yangtze River Inland Ports**: Chongqing Port is highlighted [5]. Shipping Equipment and Logistics Summary - The core equipment manufacturing sector features companies like CIMC (China International Marine Containers), East China Heavy Machinery, Weichai Heavy Machinery, and Hangzhou Advance Gearbox Group [5]. - The energy and special equipment sector includes firms like Furui Special Equipment and Xizhuang Co. [5].

Investment Rating - The investment rating for the transportation industry is "Positive" (maintained) [4] Core Views - The current demand in the e-commerce express delivery industry remains resilient, with a top-down "anti-involution" policy driving up express prices, thereby releasing profit elasticity for companies. The long-term outlook for e-commerce express delivery is favorable due to healthy competition opportunities [16] - The oil transportation sector is expected to benefit from sustained crude oil production and tight capacity, with the "Changjin factor" reshaping pricing logic. Geopolitical changes may continue to catalyze sentiment or fundamentals, leading to a significant improvement in the oil transportation market in 2026 [16] - The bulk shipping market is anticipated to recover, driven by environmental regulations limiting the operation of aging fleets and increased production of iron ore from Australia, Brazil, and West Africa. The market is expected to enter a "new cycle" [16] - The shipping industry is experiencing a green renewal cycle, with demand driven by shipping market recovery and progress in green updates. The new shipbuilding market is expected to improve as constraints ease [16] Summary by Sections Shipping and Ports - Iran may establish a "safe passage" in the Strait of Hormuz, with multiple countries negotiating with Tehran for ship passage. However, security experts warn of potential delays or seizures by Iranian forces [4] - MSC Group has acquired a 50% stake in Changjin Shipping, supporting aggressive expansion of its VLCC fleet, which is estimated to control 150 VLCCs, significantly impacting market concentration and pricing [5] - The SCFI composite freight index decreased by 0.2% to 1707 points, with varying changes in freight rates across different routes [6] - The BDTI index for VLCC freight rates increased by 0.26% to 2821 points, while TCE rates for VLCCs decreased by 5.9% [7] - The BDI index for bulk carriers increased by 3.2% to 2046 points, indicating a rise in bulk shipping rates [8] - China's port cargo throughput increased by 9.52% to 25.617 million tons, with container throughput rising by 9.27% to 6.6 million TEU [10] Express Logistics - In January-February 2026, the express delivery industry volume grew by 7.1% year-on-year, with significant differentiation in market share among major players [9] - Zhongtong Express reported a stable net profit per ticket and committed to a shareholder return rate of no less than 50% [10] - Shentong plans to issue 3 billion yuan in convertible bonds for logistics network upgrades, with a commitment to distribute at least 30% of profits in cash over the next three years [11] - Price adjustments have been made in Yunnan and Jiangxi provinces, reflecting rising operational costs [12] Aviation and Airports - China and Thailand have suspended aviation fuel exports, potentially leading to fuel shortages for airlines [14] - The Ministry of Commerce has announced measures to promote travel service exports and expand inbound consumption [14] Road and Rail - From March 9 to March 15, 2026, national freight logistics operated smoothly, with rail freight increasing by 6.7% and highway truck traffic rising by 14.75% [15]

2026 年 2 月份，广州港股份有限公司（以下简称"公司"）预计完成集装箱 吞吐量 180.0 万标准箱，同比下降 3.6%；预计完成货物吞吐量 4,143.7 万吨， 同比下降 3.6%。2026 年 1-2 月，公司预计完成集装箱吞吐量 432.9 万标准箱， 同比增长 7.7%；预计完成货物吞吐量 9,373.4 万吨，同比增长 4.1%。 证券代码：601228 证券简称：广州港 公告编号：2026-003 债券代码：115012.SH、240489.SH、243016.SH、243145.SH、243396.SH、243619.SH、244653.SH 债券简称：23 粤港 01、24 粤港 01、25 粤港 01、25 粤港 02、25 粤港 03、25 粤港 04、26 粤港 01 广州港股份有限公司 2026 年 2 月份及 1-2 月主要生产数据提示性公告 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。 本公告所载公司 2026 年 2 月份及 1-2 月的业务数据属于快速统计数据，与 最终实际数据可能存在 ...

Group 1 - The shipping sector experienced a significant rally on March 3, with key stocks such as COSCO Shipping Development and Jinjiang Shipping hitting the daily limit up [1] - Previously, China Merchants Energy Shipping achieved a remarkable performance with eight consecutive trading days of limit up, setting a new historical high [1] - Other companies in the sector, including COSCO Shipping Energy, China Merchants Nanyou, Ningbo Shipping, and Ningbo Ocean, also reached their daily limit up [1] Group 2 - Companies like China National Aviation Corporation and COSCO Shipping Holdings approached their daily limit up, indicating strong market interest [1] - The overall performance of the shipping sector reflects a bullish sentiment among investors, contributing to the upward trend in stock prices [1]

Group 1 - The core viewpoint of the news highlights that Nansha Port in Guangzhou is experiencing a peak in cargo shipments before the Spring Festival, with an average daily throughput of approximately 40,000 TEUs since February 2026 [1] - The port is handling about 18 foreign trade container vessels daily and approximately 16,000 truck entries, indicating stable operations despite high activity levels [1] - In contrast, major ports nationwide are facing congestion issues, with Nansha Port's container rejection rate reaching 55%, leading to increased trucking costs and extended shipping cycles, which pressure foreign trade companies [1] Group 2 - The stock price of Guangzhou Port (601228) has shown a fluctuating trend, with the latest price at 3.47 yuan as of February 12, 2026, reflecting a daily decline of 0.86% [2] - Over the past five days, the stock has remained unchanged, with a technical analysis indicating a resistance level around 3.73 yuan and a support level near 3.39 yuan [2] - The shipping and port sector has seen a 1.70% increase over the last five days, outperforming the broader market [2]

Core Insights - Guangdong's port construction is transforming from rapid development to quality enhancement during the 14th Five-Year Plan, aiming for a cargo throughput of 2.325 billion tons and a container throughput of 80.97 million TEUs by 2025, ranking third and first nationally respectively [1][2] - The province is investing nearly 100 billion yuan in water transport infrastructure, a 63% increase from the previous five-year plan, to support the development of a world-class port cluster [2] - The integration of port, industry, and city is driving economic growth, with significant increases in container throughput for major ports like Guangzhou and Shenzhen, which are expected to reach 28.05 million TEUs and 35.41 million TEUs respectively by 2025 [4][5] Infrastructure Development - Guangdong's port infrastructure has seen a leap in development, with the completion of automated terminals and deep-water channel projects, enhancing operational efficiency and capacity [2][3] - By 2025, the province will have 2,111 productive berths, with 429 being 10,000 tons or more, supporting the "one core, two poles" development pattern [3] Transportation Network - The province has established a multi-dimensional transportation network centered around ports, with 9 out of 14 coastal ports achieving rail access, and a significant increase in intermodal transport volumes [3] - The coastal highway network connects all ports and major port areas, facilitating logistics and trade [3] Economic Impact - The ports are crucial for economic development, with Guangzhou and Shenzhen ports enhancing their roles in international trade and logistics, contributing to local economic growth [4][5] - The integration of port operations with local industries is creating a closed-loop ecosystem that improves efficiency and competitiveness in exports [5] Smart and Green Port Initiatives - Guangdong is advancing smart and green port construction, with initiatives like the first mobile shore power supply system and extensive use of automation and AI technologies [6] - By 2025, the province aims to have 1,294 shore power facilities covering 94% of berths, significantly reducing fuel consumption and carbon emissions [6] Pollution Management - The province has implemented comprehensive measures for managing ship pollution, achieving full coverage of storage facilities and improving waste management processes [7] Innovative Logistics Models - The "combination port" and "parallel port" models are being developed to enhance operational efficiency and streamline customs processes, with significant increases in container volumes handled [8][9] - These models are expected to improve loading rates and reduce operational costs significantly [9]

Group 1 - The company, Guangzhou Port, has confirmed its container shipping routes cover major domestic and international ports, including those in EU countries [1]

Group 1 - The company, Guangzhou Port (601228.SH), has stated that its container shipping routes cover major domestic and international ports, including those in EU countries [1]

Group 1 - Guangzhou Port Co., Ltd. has obtained the qualification as a designated delivery institution for soybeans at the Qianhai United Trading Center, marking it as the fifth in the country and the only one in Guangdong Province for offshore soybean spot market operations [1] - The establishment of the offshore soybean spot market is a significant strategic measure to ensure national food supply chain security and enhance pricing power for imported grains [1] - The company has responded promptly to policy directives and organized the necessary qualification application process with the support of customs regulatory authorities [1] Group 2 - The Customs General Administration has issued a notification to further standardize the inspection and quarantine supervision of imported offshore soybean transactions, addressing key bottlenecks that previously hindered business operations [4] - The company has completed the verification process for the bonded trading warehouse, allowing it to operate in compliance with regulations for offshore soybean delivery [4] - Compared to traditional import models, the offshore spot delivery model allows for free trading and distribution of imported soybeans within the bonded warehouse, enhancing flexibility for industry clients [4] Group 3 - Grain Tong Company, as a crucial grain trade hub in the Guangdong-Hong Kong-Macao Greater Bay Area, currently has a grain storage capacity of 2 million tons and an unloading capacity of 16 million tons per year [5] - The company plans to collaborate with port units and QME to build a comprehensive service system from overseas production sources to domestic processing plants/warehouses [5] - The goal is to optimize bonded trading warehouse services, expand overseas sourcing channels, and attract new clients and business opportunities to enhance port logistics capabilities [5]