Core Viewpoint - China National Foreign Trade Transportation Group (China Foreign Trade) announced the sale of a 25% stake in Lukai International, with all preconditions for the sale being met and completed by October 21, 2025 [1] Financial Impact - The expected gain from the sale, after deducting related transaction costs, is approximately RMB 1.65 billion (excluding tax implications) [1] - The final financial impact will be determined based on the company's audited financial statements [1] Ownership Structure - Following the sale, the company will indirectly hold a 20% stake in Lukai International through China Merchants Shipping [1] - Lukai International will continue to be classified as an associate company of China Foreign Trade [1]

Core Viewpoint - China National Foreign Trade Transportation Group (China Foreign Trade) plans to sell a 25% stake in Lukai International, with all conditions for the sale expected to be fulfilled by October 21, 2025, leading to an anticipated gain of approximately RMB 1.65 billion after transaction costs [1] Group 1 - The sale of the 25% stake in Lukai International is part of a strategic move by China Foreign Trade [1] - The financial impact of the sale is projected to be a gain of approximately RMB 1.65 billion, excluding tax implications [1] - Following the sale, China Foreign Trade will indirectly hold a 20% stake in Lukai International, which will continue to be classified as an associate company [1]

Core Points - The company announced that its subsidiary, China Merchants Shipping, has transferred its 25% stake in Lukai International [1] - The transaction was approved on June 26, 2025, and all preconditions for the deal have been met, with the completion of the transfer not affecting the company's normal operations [1] - The expected investment gain from this transaction is approximately 1.65 billion yuan (excluding tax impacts, based on audited data) [1] - Following the transaction, China Merchants Shipping's stake in Lukai International will decrease to 20%, while Lukai International will remain an associate company of the firm [1]

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） 須予披露交易 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，且表明不會就本公告全部或任何部分內容所導 致或因倚賴該等內容而產生的任何損失承擔任何責任。 出售路凱國際 25%股權的完成公告 茲提述本公司日期為二零二五年六月二十六日的公告（「該公告」），內容有關本公 司擬出售路凱國際 25%的股權。除文義另有所指外，本公告所用詞彙與該公告所界定 者具有相同涵義。 截至二零二五年十月二十一日，出售事項的先決條件已全部達成並完成交割。根據出 售事項的代價以及路凱國際於二零二五年九月三十日體現在中國外運財務報表的賬面 價值，本集團預計自出售事項錄得收益（經扣除相關交易費用）約人民幣 16.5 億元 （不包括稅務影響），出售事項之財務影響最終以本公司經審計的財務報告中所載內 容為準。據此，本公司透過招商船企間接持有路凱國際 20%股權，路凱國際繼續為本 公司之聯營企業。 於本公告中，除另有指明外，美元按中國人民銀行於本公告日期公 ...

Investment Rating - The report rates the transportation industry as "Positive" [1] Core Insights - Over 80% of transportation companies have performed well in ESG scores, with 15 companies scoring above 80 and 12 above 90, representing 83% and 67% respectively [9][11] - 94% of the 18 central enterprises in the transportation sector have completed the required disclosures regarding importance assessment, but only 33% have disclosed third-party verification reports [11][13] - Companies in the high score range actively disclose climate change issues, while those in the lower range focus more on environmental issues, indicating a need for improvement in climate-related disclosures [16][17] - The report highlights the social responsibilities of transportation enterprises, particularly in rural revitalization and safety operations, with a 94% disclosure rate for safety operations [37][41] - Governance scores are generally high, with many companies integrating party building into their governance structures, showcasing a unique governance advantage [47][51] Summary by Sections Overall Performance - More than 80% of transportation companies have good overall ESG scores, with detailed financial importance disclosures and high scores in environmental, social responsibility, and governance aspects [9][16] Importance Assessment - 94% of companies have completed the required disclosures, with 17 out of 18 companies highlighting financial importance [11][13] Environmental & Climate - 83% of companies scored between 30-34 in environmental issues, with high disclosure rates for waste management (100%) and energy management (96%) [16][20] - Climate management disclosures show a high completion rate of 89%, but climate strategy disclosures need improvement, with only 56% of companies fully disclosing [32][35] Social Responsibility - Transportation enterprises have detailed their efforts in rural revitalization and social contributions, achieving a 100% disclosure rate for social responsibility [41][42] - Safety operations are a key focus, with 94% of companies disclosing relevant information [37][45] Governance - Governance scores are high, with 14 companies disclosing governance structures and mechanisms, and many integrating party building into their governance [47][51] - 94% of companies focus on safety risk management, with detailed disclosures on safety management systems [53][56]

Core Insights - The article highlights the top-performing stocks in the S&P China A-Share Dividend Opportunity Index, showcasing significant price increases and dividend yields for various companies [1] Group 1: Stock Performance - Mercury Home Textiles (603365.SH) leads with a year-to-date increase of 19.66% and a recent increase of 9.41%, along with a dividend yield of 4.80% [1] - Other notable performers include: - Hailong Cold Chain (603187.SH) with a year-to-date increase of 47.47% and a recent increase of 6.83% [1] - Shenhuo Co., Ltd. (000933.SZ) showing a year-to-date increase of 36.72% and a recent increase of 5.90% [1] - Siwei Liekong (603508.SH) with a remarkable year-to-date increase of 54.92% and a recent increase of 3.42%, boasting a high dividend yield of 10.65% [1] Group 2: Dividend Yields - The article lists companies with attractive dividend yields, such as: - Siwei Liekong (603508.SH) at 10.65% [1] - Semir Apparel (002563.SZ) at 8.90% [1] - Yutong Bus (600066.SH) at 6.73% [1] - The dividend yields reflect the companies' commitment to returning value to shareholders, which may attract income-focused investors [1]

特此公告。 本公司董事会、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。 中国外运股份有限公司（以下简称：中国外运或公司）于 2025 年 7 月 31 日召开第四届董事会第十五次会议，审议通过了《关于对外投资暨关联交易的议 案》，同意公司在董事会通过之日起 12 个月内，以自有资金增持安通控股股份 有限公司（以下简称：安通控股）股份，增持规模不低于 3 亿元（含本数），不 高于 6 亿元（含本数），增持方式包括但不限于协议转让、大宗交易或集中竞价 交易等；并授权公司董事长及其书面授权人士根据上海证券交易所等相关法律法 规的规定确定增持价格等增持相关事宜并签署相关交易文件（如涉及）（以下简 称：本次增持事项）。2025 年 8 月 24 日，根据董事会的授权，披露由董事长结 合市场情况，在法律法规允许的条件下，择机开展增持交易（不受原设定增持价 格上限的约束）。具体情况详见公司于 2025 年 8 月 2 日发布的《第四届董事会 第十五次会议决议公告》（临 2025-057 号）、《关于对外投资暨关联交易的公 告》（临 2025-058 号 ...

Core Viewpoint - China Shipping (601598) has completed its planned share acquisition of Antong Holdings (600179), reaching the maximum intended investment amount of approximately RMB 600 million [1] Group 1: Share Acquisition Details - From August 4, 2025, to October 14, 2025, China Shipping has cumulatively increased its stake in Antong Holdings by 168.608 million shares, representing about 3.98% of Antong Holdings' total share capital [1] - As of the date of the announcement, China Shipping holds a total of 168.7742 million shares in Antong Holdings, which accounts for approximately 3.99% of Antong Holdings' total share capital [1]

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，且表明不會就本公告全部或任何部分內容所導 致或因倚賴該等內容而產生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 擬增持事項實施完畢 茲提述本公司日期為二零二五年八月一日和二零二五年八月二十四日的公告（「該等 公告」），內容有關本公司擬自二零二五年七月三十一日起十二個月內增持安通控股 股份。除文義另有所指外，本公告所用詞彙與該等公告所界定者具有相同涵義。 二零二五年八月四日至二零二五年十月十四日，本公司已通過大宗交易及集中競價交 易方式累計增持安通控股 16,860.80 万股股份，占安通控股總股本的比例約為 3.98%， 增持金額約為人民幣 6 億元（不含稅費），已達到擬增持事項的增持規模上限，擬增 持事項實施完畢。截至本公告之日，本公司合計持有安通控股 16,877.42 万股股份，占 安通控股總股本的比例約為 3.99%。 承董事會命 中國外運股份有限公司 公司秘書 李世礎 北京， ...

Group 1 - The company, China National Freight (00598.HK), announced that it will hold a board meeting on October 27, 2025, to consider and approve its unaudited performance for the third quarter ending September 30, 2025 [1]