Core Viewpoint - China National Foreign Trade Transportation Group Northeast Co., Ltd. has been penalized for violations including subcontracting in military procurement activities, resulting in a two-year ban from participating in military procurement for the armed police force [1] Group 1: Company Overview - China National Foreign Trade Transportation Group Northeast Co., Ltd. was established in 1951 and is headquartered in Dalian, with a service network covering the three northeastern provinces of China [2] - The company operates nine divisions, 13 branches, four subsidiaries, and five joint ventures (one of which is a holding company) [2] - The company has its own warehouses, storage yards, transportation vehicles, and dedicated railway lines [2] Group 2: Parent Company Information - China National Foreign Trade Transportation Group Co., Ltd. (China National Foreign Trade) is the controlling shareholder of China National Foreign Trade Transportation Group Northeast Co., Ltd., holding a 90% stake [1] - China National Foreign Trade is listed on both the Hong Kong Stock Exchange and the Shanghai Stock Exchange, making it an "A+H" listed company with stock codes 00598.HK and 601598.SH [2] - The company's business primarily focuses on professional logistics, agency services, and e-commerce [2]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國外運股份有限公司 呈交日期: 2026年2月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00598 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,016,281,000 | RMB | | 1 | RMB | | 2,016,281,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 2,016,281,000 | RMB | | 1 | RMB | | 2,016,281,000 | | 2. 股份分類 | ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國外運股份有限公司 呈交日期: 2026年2月4日 I. 法定/註冊股本變動 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 1. 股份分類 普通股 股份類別 H 於香港聯交所上市 (註1) 是 證券代號 (如上市) 00598 說明 已發行股份（不包括庫存股份）數目 庫存股份數目 已發行股份總數 上月底結存 2,016,281,000 0 2,016,281,000 增加 / 減少 (-) 本月底結存 2,016,281,000 0 2,016,281,000 足夠公眾持股量的確認(註4) | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《GEM上市規則》第17.37D(1)條或第25.21D(1)條，我們在此確認，就上述所列股份類別而言，截至本月底: | | --- | | ✔ 已符合適用的公眾持股量要求（見下方） | | 未符合適用的公眾持股量要求（見下方） | | 根據《主板上市規則》第1 ...

Core Viewpoint - China National Freight Forwarding Co., Ltd. (China National Freight) experienced a significant drop in stock price, with a decline of 7.19% on February 2, resulting in a trading volume of 394 million yuan [1] Financing Summary - On February 2, China National Freight had a financing buy-in amount of 73.75 million yuan, with a net financing buy of 56.87 million yuan after repayments [1] - The total financing and securities balance reached 227 million yuan, with the financing balance accounting for 0.79% of the circulating market value, indicating a high level compared to the past year [1] - In terms of securities lending, 20,000 shares were repaid, while 132,700 shares were sold, amounting to 736,500 yuan at the closing price [1] Business Performance Summary - As of September 30, the number of shareholders for China National Freight was 43,500, a decrease of 13.89% from the previous period [2] - The company reported a revenue of 75.04 billion yuan for the first nine months of 2025, reflecting a year-on-year decrease of 12.62%, while the net profit attributable to shareholders was 2.68 billion yuan, down 5.17% year-on-year [2] Dividend and Shareholding Summary - Since its A-share listing, China National Freight has distributed a total of 10.76 billion yuan in dividends, with 5.97 billion yuan distributed over the past three years [3] - As of September 30, 2025, the top ten circulating shareholders included new entrant Southern S&P China A-share Large Cap Dividend Low Volatility 50 ETF, holding 69.21 million shares [3] - The top ten shareholders saw a reduction in holdings from E Fund Stable Income Bond A, which decreased by 5.33 million shares [3]

Core Insights - The article highlights the top 20 stocks in the S&P China A-Share Dividend Opportunity Index (CSPSADRP) based on their daily and year-to-date performance as of January 30, 2026, showcasing significant price movements and dividend yields [1][5]. Group 1: Stock Performance - China Gold (600916.SH) leads with a daily increase of 8.74% and a year-to-date increase of 80.12%, with a dividend yield of 2.59% [1][5]. - Jian Sheng Group (603558.SH) follows with a daily rise of 4.01% and a year-to-date increase of 6.23%, offering a dividend yield of 4.91% [1][5]. - China National Foreign Trade Transportation Group (601598.SH) shows a daily increase of 3.10% but a year-to-date decline of 1.32%, with a dividend yield of 5.00% [1][5]. Group 2: Dividend Yields - The average dividend yield for the index is reported at 4.76%, with an expected price-to-earnings ratio of 11.07 times [2]. - Notable dividend yields include Semir Apparel (002563.SZ) at 9.12% and China Shenhua Energy (601088.SH) at 7.83% [1][5]. Group 3: Market Signals - The article mentions the formation of a MACD golden cross signal, indicating positive momentum for the stocks listed [4][8].

Market Performance - The Shanghai Composite Index rose by 0.16% to 4157.98 points, while the Shenzhen Component fell by 0.3% and the ChiNext Index dropped by 0.57%[1] - The Hong Kong Hang Seng Index increased by 0.51% to 27968.09 points, with the Hang Seng Technology Index declining by 1% and the Hang Seng China Enterprises Index rising by 0.42%[1] - The total market turnover in Hong Kong was 3319.942 million HKD[1] Currency and Economic Relations - The U.S. Treasury Department labeled the Chinese yuan as "severely undervalued" and urged China to allow timely appreciation of its currency[12] - A survey by Goldman Sachs indicated that the majority of investors expect the yuan to appreciate against the U.S. dollar this year[8] Corporate Earnings - Apple reported a record quarterly revenue of 143.8 billion USD, exceeding Wall Street expectations, with a 38% increase in revenue from China[12] - The anticipated net profit for Sunny Optical Technology is expected to increase by 70% to 75%, reaching approximately 4.589 to 4.724 billion RMB[14] Bilateral Agreements - China and the UK reached 11 positive outcomes during Prime Minister Keir Starmer's visit, including the establishment of a yuan clearing bank in the UK and a reduction in whisky import tariffs from 10% to 5%[12]

Market Performance - The Shanghai Composite Index rose by 0.16% to 4157.98 points, while the Shenzhen Component fell by 0.3% and the ChiNext Index dropped by 0.57%[1] - The Hong Kong Hang Seng Index increased by 0.51% to 27968.09 points, with the Hang Seng Tech Index declining by 1% and the Hang Seng China Enterprises Index rising by 0.42%[1] - The total market turnover in Hong Kong was 3319.942 million HKD[1] Currency and Economic Relations - The U.S. Treasury Department labeled the Chinese yuan as "severely undervalued" and urged China to allow timely appreciation of its currency[12] - China and the UK reached several positive outcomes during Prime Minister Keir Starmer's visit, including the establishment of a yuan clearing bank in the UK[12] Corporate Earnings - Apple reported a record quarterly revenue of 143.8 billion USD, exceeding Wall Street expectations, with a 38% increase in revenue from China[12] - The anticipated net profit for Sunny Optical Technology is expected to increase by 70% to 75%, reaching approximately 4.589 to 4.724 billion RMB[14] - Baidu's expected net profit for the year is projected to increase by 384% to 443%[14] Commodity Market Trends - Gold prices fell from above 5500 USD per ounce, experiencing a significant drop of 5.7% in a single day due to profit-taking and a stronger dollar[12] - Copper prices surged by 10.1%, reaching a historic high of over 14,400 USD per ton, driven by speculative trading in China[12]

Core Viewpoint - The company has entered into a joint venture agreement with Nanshan Hungary to establish a company in Hungary aimed at acquiring a warehouse, enhancing its overseas investment strategy and logistics capabilities in Europe [1][2] Group 1: Joint Venture Details - The joint venture will have a registered capital of €10,000 (approximately RMB 83,349), with the company contributing €4,000 (approximately RMB 33,339.60) for a 40% stake, while Nanshan Hungary will contribute €6,000 (approximately RMB 50,009.40) for a 60% stake [1] - The maximum capital commitment for the joint venture is approximately €49.83 million (around RMB 415 million), with the company planning to invest up to €19.93 million (approximately RMB 166 million) from its own funds [1] Group 2: Warehouse Acquisition Purpose - The primary purpose of the joint venture is to acquire a warehouse located northeast of Budapest, with a total leasable area of approximately 46,125 square meters, including 43,483 square meters of storage and 2,642 square meters of office space [2] - The warehouse currently has a 100% occupancy rate, with tenants including internationally recognized automotive manufacturers, parts suppliers, logistics service providers, and local electronic distributors [2] Group 3: Strategic Importance - The joint venture aligns with the company's overseas investment strategy, as Hungary serves as a crucial bridge for trade between China and Europe, enhancing the company's logistics resource layout in key European locations [2] - The partnership with Nanshan Group, which has extensive experience in logistics, urban development, asset management, and manufacturing, aims to leverage both parties' strengths to improve logistics solutions and competitiveness [2]

根据合资公司拟进行的投资情况，订约方将向合资公司出资的最高资本承诺为49,832,148欧元，并将由 订约方按各自比例出资。其中，外运香港拟以自有资金出资不超过19,932,859.20欧元。 格隆汇1月29日丨中国外运(00598.HK)公告，于2026年1月29日，公司附属公司外运香港与南山匈牙利订 立合资协议在匈牙利共同投资设立合资公司，该合资公司主要目的为收购一间匈牙利仓库。根据合资协 议，合资公司的注册资本为10,000欧元，外运香港与南山匈牙利将分别出资4,000欧元及6,000欧元，分 别持有合资公司40%及60%的股权，合资公司将不会成为公司附属公司，其财务业绩亦不会合并到公司 账目中。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 中國外運股份有限公司 Sinotrans Limited （於中華人民共和國註冊成立的股份有限公司） （股份代號：00598） 公告 關連交易 成立合資公司 成立合資公司 董事會宣佈，於二零二六年一月二十九日，本公司附屬公司外運香港與南山匈牙利訂立合資 協議在匈牙利共同投資設立合資公司，該合資公司主要目的為收購一間匈牙利倉庫。根據合 資協議，合資公司的註冊資本為10,000歐元（相當於人民幣83,349元），外運香港與南山匈牙 利將分別出資4,000歐元（相當於人民幣33,339.60元）及6,000歐元（相當於人民幣50,009.40 元），分別持有合資公司40%及60%的股權，合資公司將不會成為本公司之附屬公司，其財 務業績亦不會合併到本公司賬目中。根據合資公司擬進行的投資情況，訂約方將向合資公司 出資的最高資本承諾為49,832,148歐元（相當於人民幣415,345,970.37元），並將由訂約 ...