广州港股份有限公司关于召开2024年年度股东会的通知 债券代码：185969.SH、137626.SH、137812.SH、115012.SH、240489.SH、243016.SH 债券简称：22粤港02、22粤港03、22粤港04、23粤港01、24粤港01、25粤港01 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。 证券代码：601228 证券简称：广州港 公告编号：2025-029 召开的日期时间：2025年6月23日 14点30分 重要内容提示： ● 股东会召开日期：2025年6月23日 ● 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 2024年年度股东会 召开地点：广州市越秀区沿江东路406号港口中心2706会议室 （五）网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025年6月23日 至2025年6月23日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股东会召开当日的交易时间 段，即9:15-9:25,9:30 ...

证券代码：601228 证券简称：广州港 公告编号：2025-029 债券代码：185969.SH、137626.SH、137812.SH、115012.SH、240489.SH、243016.SH 债券简称：22 粤港 02、22 粤港 03、22 粤港 04、23 粤港 01、24 粤港 01、25 粤港 01 广州港股份有限公司 关于召开2024年年度股东会的通知 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： ? 股东会召开日期：2025年6月23日 （二）股东会召集人：董事会 （三）投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结 合的方式 （四）现场会议召开的日期、时间和地点 召开的日期时间：2025 年 6 月 23 日 14 点 30 分 召开地点：广州市越秀区沿江东路 406 号港口中心 2706 会议室 （五）网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 ? 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 一、召开会议的基本 ...

证券代码：601228 证券简称：广州港 公告编号：2025-029 债券代码：185969.SH、137626.SH、137812.SH、115012.SH、240489.SH、243016.SH 债券简称：22 粤港 02、22 粤港 03、22 粤港 04、23 粤港 01、24 粤港 01、25 粤港 01 广州港股份有限公司 关于召开2024年年度股东会的通知 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： 2024年年度股东会 （二）股东会召集人：董事会 （三）投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结 合的方式 （四）现场会议召开的日期、时间和地点 召开的日期时间：2025 年 6 月 23 日 14 点 30 分 召开地点：广州市越秀区沿江东路 406 号港口中心 2706 会议室 （五）网络投票的系统、起止日期和投票时间。 一、召开会议的基本情况 网络投票系统：上海证券交易所股东会网络投票系统 （一）股东会类型和届次 至2025 年 6 月 23 日 采用上海证券交易所网络投 ...

Group 1 - The port shipping stocks opened lower, with Ningbo Ocean reaching the daily limit down [1] - China National Aviation Ocean fell over 10%, while Phoenix Shipping and Jinjiang Shipping dropped over 5% [1] - Other companies such as COSCO Shipping Development, Ningbo Port, Rizhao Port, and Yantian Port also experienced declines [1]

Group 1 - The peak season for Southeast Asian fruit trade has led to a surge in Thai durian imports at Nansha Port in Guangzhou, with the arrival of the "Dexiong Xiamen" vessel carrying approximately 1,564 tons of durians on May 18 [1][2] - Nansha Port has established an efficient cold chain logistics product to facilitate the import of fresh seasonal fruits, ensuring quick customs clearance for key cold chain goods [2] - The Nansha Port area has been operating the "Durian Express" brand for five consecutive years, becoming the largest durian sea import port in China, with over 450,000 tons imported since 2021, accounting for one-third of the national sea import volume [2] Group 2 - The Nansha Port area has received nearly 40 durian express vessels, unloading over 25,500 tons as of mid-May 2025 [2] - Local fruit vendors report that durians are currently a popular fruit category, with prices having slightly decreased since before the May Day holiday, and a significant price drop is expected as the peak season approaches [2]

Group 1 - BYD reported August sales of 174,915 new energy vehicles, a year-on-year increase of 184.84% [1] - Cumulative sales from January to August reached 978,795 units, representing a year-on-year growth of 267.31% [1] - The company sold 5,092 new energy passenger vehicles overseas in August [1] Group 2 - Zhongke Electric's subsidiary plans to establish a joint venture with Chongqing Fudi for the production of anode materials, with a registered capital of 1 billion RMB [2] - Zhongke Electric's subsidiary will contribute 650 million RMB, while Chongqing Fudi will contribute 350 million RMB [2] Group 3 - Yuyuan Group intends to transfer 13% of its shares in Jinhuijiu for approximately 1.937 billion RMB, reducing its stake to 25% [3] - The company plans to further reduce its holdings by more than 5% within the next six months [3] Group 4 - Lizhu Group's recombinant COVID-19 fusion protein vaccine has been included in the emergency use for sequential booster immunization [4] Group 5 - Guanghui Energy plans to repurchase shares worth between 800 million and 1 billion RMB to support employee stock ownership plans [5] Group 6 - Cambrian has launched four cloud-based intelligent chips, although mass sales will require a longer time frame and initial technical service investments [7] Group 7 - LePu Medical has received approval from the China Securities Regulatory Commission for the issuance of Global Depositary Receipts (GDRs) and listing on the Swiss Stock Exchange [9] - The GDR issuance will correspond to no more than 180,458,875 new A-shares [9] Group 8 - Fushi Holdings' subsidiary has entered into an exclusive advertising agency cooperation with the Central Radio and Television Station's automotive channel for three years [10] Group 9 - Guangzhou Port's container throughput in August was 1.981 million TEUs, a year-on-year increase of 2.4% [11] - The total cargo throughput for August was 44.788 million tons, a decrease of 0.6% [11] Group 10 - Ningbo Port expects to complete a container throughput of 3.58 million TEUs in August, a year-on-year increase of 10.2% [12] - The total cargo throughput is projected to decline by 3.0% [12] Group 11 - Ming Tai Aluminum reported a 7% year-on-year decrease in aluminum plate and strip sales in August, while aluminum profile sales increased by 47% [13] Group 12 - Electric Power Investment plans to invest in multiple wind and solar projects, with total static investments of 1.585 billion RMB for wind and 538 million RMB for solar [14] Group 13 - Northeast Pharmaceutical has signed a cooperation agreement with MedAbome for the development of the MAb11-22.1 antibody project [19] Group 14 - New Five Feng plans to acquire equity in Tianxin Seed Industry and several other companies for a total price of approximately 2.208 billion RMB [26] Group 15 - Sumeida's subsidiary plans to transfer 100% equity of eight photovoltaic power station project companies, with an estimated transaction value of 657 million RMB [27] Group 16 - *ST Tongzhou intends to acquire 51% equity in Tongtaiwei, fulfilling the capital contribution obligation of 10.2 million RMB [29] Group 17 - Tianyin Holdings' subsidiary plans to invest 120 million RMB in Xundong Xintong to acquire 40% equity [30] Group 18 - Hainan Haiyao plans to publicly transfer 43% equity in Shanghai Lishengte to attract new investors [31] Group 19 - New Asia Process plans to transfer 7.76% of its shares to Xiangcai New Materials at a price of 5.274 RMB per share [32] Group 20 - Lanwei Medical plans to raise no more than 664 million RMB through a private placement for provincial laboratory construction projects [34] Group 21 - Lida New Materials plans to issue convertible bonds to raise no more than 300 million RMB for a new aluminum material project [35] Group 22 - Gekewei has successfully launched its 12-inch CIS integrated circuit project, achieving over 95% yield [51] Group 23 - Baijin Medical's tricuspid valve ring product has received registration approval [52] Group 24 - Shanghai Pharmaceuticals has received approval to initiate Phase I clinical trials for a recombinant anti-CD20 humanized monoclonal antibody [53] Group 25 - Junda Co. has increased the production capacity of its solar cell production base project from 8GW to 10GW [54]

Investment Rating - The report maintains a "Buy" recommendation for the container shipping sector due to high freight rates and increased demand driven by the recent US-China tariff adjustments [1][3]. Core Insights - The recent US-China trade talks resulted in the cancellation of 91% of retaliatory tariffs, leading to a surge in bilateral trade and a nearly 300% increase in container shipping bookings from China to the US [1][11]. - Freight rates on North American routes have significantly increased, with Shanghai to US West Coast and East Coast rates rising by 31.7% and 22.0% respectively [2][12]. - The report anticipates a short-term surge in container demand due to a stocking wave, which may challenge port logistics and further influence freight rates [3][15]. Summary by Sections Section 1: US-China Tariff Developments - The US and China agreed to suspend 24% of reciprocal tariffs for 90 days, leading to a rapid increase in trade and shipping demand [1][11]. - Container shipping bookings surged from an average of 5,709 TEUs to 21,530 TEUs within a week following the tariff adjustments [1][11]. Section 2: Market Demand and Freight Rates - The demand for shipping services has rebounded sharply, with significant increases in spot booking prices for shipping containers [2][12]. - As of May 16, 2025, the spot rates for shipping from Shanghai to the US West Coast and East Coast reached $3,091 and $4,069 per FEU, reflecting increases of 31.7% and 22.0% respectively [2][12]. Section 3: Investment Recommendations - The report recommends investing in leading container shipping companies such as COSCO Shipping Holdings, which is expected to benefit from rising freight rates on US routes [3][15]. - It also highlights the potential of regional shipping companies in Asia, suggesting that the ongoing trade tensions may sustain high demand in this segment [3][15]. Section 4: Industry Data Tracking - Recent data shows a 4.8% year-on-year increase in domestic air passenger volume, indicating a recovery in the aviation sector [16][20]. - The report notes a 10% increase in the Shanghai Container Freight Index (SCFI) and a 4% increase in Very Large Crude Carrier (VLCC) rates, reflecting overall positive trends in the shipping industry [36][37].

Investment Rating - The investment rating for the transportation industry is "Positive" (maintained) [4] Core Views - The shipping industry is experiencing a surge in demand due to a recent temporary reduction in tariffs between China and the US, leading to a significant increase in shipping volumes on the US route. The average booking volume surged by 277% compared to the previous week [5] - The Shanghai Export Container Freight Index (SCFI) rose by 10.0% week-on-week, indicating a strong recovery in shipping rates, particularly for routes to the US [6] - The logistics sector is showing resilience, with express delivery volumes in April increasing by 19.1% year-on-year, reflecting robust demand across various sectors [9] - The airline industry is expected to benefit from macroeconomic recovery, with a long-term supply-demand imbalance favoring growth in the sector [12] Summary by Sections Shipping Vessels - The recent tariff reductions have led to a surge in demand for shipping services, particularly on the US route, with a projected increase in freight rates over the next 2-3 months due to supply constraints [5] - The average weekly capacity for the US route is expected to be 500,000 TEU, down 6% from last year [5] - The oil tanker market is facing supply tightness due to limited new orders and an aging fleet, which is expected to sustain high demand in the coming years [12] Express Logistics - In April, the express delivery industry in China saw a business volume of 16.32 billion pieces, a year-on-year increase of 19.1%, with revenue reaching 121.28 billion yuan, up 10.8% [9] - The concentration index for express delivery brands (CR8) was 86.7, indicating a stable competitive landscape [9] Aviation and Airports - The airline industry is poised for growth due to low supply growth and recovering demand, with key companies to watch including China Southern Airlines and Air China [12] - The passenger transport volume in March was approximately 59 million, reflecting a year-on-year increase of 3.5% [50] Overall Market Performance - From May 12 to May 16, the transportation index rose by 2.12%, outperforming the Shanghai Composite Index [17] - The shipping sector saw the highest increase at 7.42%, indicating strong market performance [17]

Core Viewpoint - The shipping and port sector is experiencing a significant rise, with many stocks showing substantial gains, indicating a potential recovery in the market [1][2]. Group 1: Market Trends - On May 13, the shipping and port sector saw a strong increase, with stocks like China National Offshore Oil Corporation rising over 23% [1]. - As of May 14, the shipping sector continued its upward trend, with expectations of a "rush to ship" in the container transport market due to accumulated cargo [2][4]. - Experts predict that container shipping rates may see a notable rebound from May to July, driven by the need to expedite previously delayed shipments [4][5]. Group 2: Demand and Supply Dynamics - The demand for shipping to the U.S. remains strong, with a significant backlog of orders leading to increased shipping rates in the short term [4][7]. - The Shanghai Shipping Exchange reported that shipping rates for exports to the U.S. West and East coasts increased by 3.3% and 1.6%, respectively [7]. - Despite rising demand, the supply of shipping capacity is being carefully managed to avoid drastic price drops, with many shipping companies adjusting their capacity proactively [7][11]. Group 3: Regional Insights - Southeast Asia's shipping demand has increased, particularly for routes to Vietnam, but it cannot fully compensate for the volume previously shipped from China [8]. - The European shipping lines are facing oversupply issues as vessels are redirected from the U.S. routes, leading to a decline in rates [8][10]. - The global container shipping market is projected to face a supply-demand imbalance, with a forecasted decline in shipping volume and an increase in capacity [10][11].

中国无人驾驶商用车在港口场景的市场规模正经历快速扩张，随着技术进步和应用普及，中国港口将逐 步采用无人驾驶车辆以提高运输效率。据北京亿欧网盟科技有限公司(以下简称"亿欧智库")预测，到 2030年，该市场规模将增长至1909亿元。 近日，广州港（601228）股份有限公司(以下简称"广州港")南沙港区四期全自动化码头第四批自动化设 备的20台北斗导航无人驾驶智能引导运输车(以下简称"IGV")全部抵港。至此，南沙港四期IGV车队扩 员至158台，标志着国内单一码头最大的IGV车队系统全面成型，进一步提升智慧港口装卸服务能力。 据悉，南沙港四期全自动化码头IGV的电池、电机、控制器、编码器等关键组件均实现国产化，有效缩 短了设备制造成本和后续维修所需备件供应周期，保障生产经营设备利用率。 江山美表示："IGV智能引导车基于一套先进的软硬件集成解决方案，采用多源信息融合定位技术，此 方案已在国内多个港口商业化落地；DCV无人驾驶集卡依托车路云协同，该方案是从已有的人工驾驶 车辆前装改造而成，目前技术水平能够达到L4级别，无人驾驶IGV和DCV技术路线更适合中国港口场 景，未来具有广阔的市场空间。" 目前，北京主线 ...