（编辑 任世碧） 证券日报网讯 9月25日晚间，招商轮船发布公告称，2025年9月24日，公司通过下属控股单船公司在大 连接收了1艘17.5万立方米大型液化天然气（LNG）运输船"海韵"轮。该轮为公司2022年第一批订造的2 艘同型节能环保LNG运输船的第1艘。截至本公告发布之日，公司LNG运输板块（含参股企业CLNG） 管理营运中的船舶27艘，在手订单37艘。预计2025年内参股企业CLNG参与的卡气一期项目还将交付3 艘LNG运输船。 ...

Core Points - The company announced the receipt of a new 82,000 deadweight ton Kamsarmax bulk carrier named "Mingfu" on September 25, 2025 [2] - This vessel is the first of four new energy-efficient and environmentally friendly Kamsarmax bulk carriers ordered in 2023 [2] - The new design incorporates advanced energy-saving features, including a shaft generator, significantly improving energy efficiency and environmental performance compared to the existing six 76,000 deadweight ton Panamax bulk carriers [2]

Major Events - China Merchants Energy announced the delivery of two new vessels, including a 175,000 cubic meter LNG carrier "Haiyun" and an 82,000-ton bulk carrier "Mingfu," expanding its fleet to 27 LNG vessels and 103 bulk carriers, with 37 and 15 orders respectively [4][4] - Fangzheng Technology launched three AI English learning products, marking a strategic expansion into the emotional companionship and family smart education sectors for young children [5] - Saisir received approval from the China Securities Regulatory Commission to issue up to 331 million H-shares for listing on the Hong Kong Stock Exchange [6] Performance Forecasts - Jihong Co. expects a net profit of 209 to 222 million yuan for the first three quarters of 2025, representing a year-on-year increase of 55% to 65%, driven by the growth of cross-border social e-commerce and improved profitability in packaging [7] Major Contracts - State Grid Information Communication announced that its subsidiary won a procurement project from the State Grid Corporation worth 605 million yuan [8] - China Railway announced it has won 11 major engineering projects with a total bid price of approximately 50.215 billion yuan, accounting for 4.34% of its expected revenue for 2024 [9] - Dongjie Intelligent signed a framework agreement with Malaysian construction company PTTSG to develop automated warehousing facilities, with potential future contracts [10] Shareholding Changes - Milkway announced that its controlling shareholder and other stakeholders plan to reduce their holdings by up to 4.02% [12] Financing Activities - Pana Microelectronics plans to raise up to 699 million yuan through a private placement to fund various projects, including intelligent manufacturing upgrades and working capital [13]

Group 1 - The shipping sector experienced a decline of 1.52%, ranking among the top declines in concept sectors, with notable drops in stocks such as Nanjing Port and Ningbo Maritime [1][2] - Among the stocks in the shipping sector, 11 stocks saw price increases, with China National Foreign Trade rising by 7.44%, Lege Co. by 2.70%, and Rongfa Nuclear Power by 2.17% [1][4] - The shipping sector faced a net outflow of 9.67 billion yuan from major funds, with 54 stocks experiencing net outflows, and China Shipbuilding leading with a net outflow of 1.60 billion yuan [2][3] Group 2 - Major stocks with significant net outflows included China Shipbuilding (-0.85%), China Merchants Energy (-3.46%), and Junzheng Group (-1.14%) [2][3] - Conversely, stocks with notable net inflows included CIMC Group (86.19 million yuan), Shanghai Port Group (25.20 million yuan), and Tangshan Port (23.27 million yuan) [2][4] - The shipping sector's performance was characterized by a mix of declines and a few gains, indicating volatility within the market [1][2]

格隆汇9月25日｜招商轮船公告，2025年9月25日，通过下属全资单船公司在扬州仪征接收了1艘82000载 重吨级的卡姆萨型干散货船"明福"轮。该轮为公司2023年订造的4艘新型节能环保卡姆萨型干散货船中 的第1艘，采用新一代节能环保设计，配置轴带式发电机等节能设备。全球干散货船队老龄化加剧的背 景下，该系列船舶及后续其他新建船舶的入列，将有效改善公司干散货船队船型结构、船龄结构，提升 公司干散货船板块的市场竞争力、增加公司持续盈利能力。 ...

证券代码：601872 证券简称：招商轮船 公告编号：2025[049] 招商局能源运输股份有限公司 关于 17.5 万立方米液化天然气（LNG）运输船 新船交付的公告 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 9 月 24 日，招商局能源运输股份有限公司（下称"公司"） 通过下属控股单船公司在大连接收了 1 艘 17.5 万立方米大型液化天 然气（LNG）运输船"海韵"轮。 该轮为公司 2022 年第一批订造的 2 艘同型节能环保 LNG 运输船 的第 1 艘。具体请参见公司 2022 年 9 月 26 日发布的《招商轮船关于 行使 2 艘 LNG 造船选择权并签署 2+2 艘 LNG 船舶订造意向书的公 告》，公告编号：2022[056]号。 "海韵"轮符合国际最新 LNG 运输船设计理念，具备卓越的适 港性和船岸兼容性。船舶配备新型 LNG 双燃料低速主机，集成 ICER 系统，在燃油和燃气模式下均满足国际海事组织最高排放标准。液货 舱采用 GTT Mark III Flex 型围护系统方案，日蒸发 ...

"明福"轮系列船具备灵活的多货种运输能力，专业的粮食运输 能力是该系列船的突出特色，"明福"轮等系列船陆续交付运营将有 效扩充公司自有巴拿马型船队规模，强化粮食等主要货种的承运能力， 进一步增强客户服务能力。在全球干散货船队老龄化加剧的背景下， 该系列船舶及后续其他新建船舶的入列，将有效改善公司干散货船队 船型结构、船龄结构，提升公司干散货船板块的市场竞争力、增加公 司持续盈利能力。 截至本公告发布之日，公司干散货船板块拥有和营运管理中的船 舶 103 艘（不含长期及短期租入船），其中 VLOC 37 艘（含参股及 代管），好望角型干散货船 16 艘，巴拿马型干散货船 7 艘，灵便型 干散货船 37 艘，重吊多用途船 6 艘；在手订单 15 艘，其中 1 艘与"明 福"轮同型的卡姆萨型干散货船将于 2025 年四季度交付。 特此公告。 关于卡姆萨型干散货船新船交付的公告 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 9 月 25 日，招商局能源运输股份有限公司（下称"公司"） 通过下属全资单船公司在扬州仪征接 ...

Core Viewpoint - The company has recently expanded its fleet by acquiring two new vessels, enhancing its capabilities in both LNG and dry bulk shipping sectors [1] LNG Shipping Segment - On September 24, the company received a 175,000 cubic meter LNG carrier named "Haiyun" through its subsidiary [1] - Currently, the LNG shipping segment, including the associated enterprise CLNG, operates a total of 27 vessels and has 37 vessels on order [1] - It is anticipated that three additional LNG carriers will be delivered by the CLNG joint venture as part of the first phase of the gas project by 2025 [1] Dry Bulk Shipping Segment - On September 25, the company received an 82,000 deadweight ton Kamsarmax bulk carrier named "Mingfu" through its wholly-owned subsidiary [1] - The dry bulk shipping segment currently manages a fleet of 103 vessels and has 15 vessels on order [1] - Among the orders, one vessel similar to "Mingfu" is expected to be delivered in the fourth quarter of 2025 [1]

Core Viewpoint - The company has received its first of four new energy-efficient Kamsarmax bulk carriers, named "Mingfu," which is expected to enhance its operational capabilities and market competitiveness in the bulk shipping sector [1] Group 1: New Vessel Acquisition - The company received an 82,000 deadweight ton Kamsarmax bulk carrier named "Mingfu" on September 25, 2025, through its wholly-owned subsidiary [1] - "Mingfu" is the first of four new energy-efficient Kamsarmax bulk carriers ordered in 2023, featuring advanced energy-saving designs and equipment [1] Group 2: Operational and Competitive Advantages - The new vessel series has flexible multi-cargo transport capabilities, with a notable specialization in grain transportation [1] - The delivery of "Mingfu" and subsequent vessels will effectively expand the company's owned Panamax fleet and strengthen its capacity to transport key cargoes like grain [1] - The introduction of these new vessels will improve the structural composition and age profile of the company's bulk carrier fleet, enhancing market competitiveness and sustainable profitability [1]

Core Viewpoint - The delivery of the LNG carrier "Haiyun" marks a significant milestone for the company in its LNG transportation business, enhancing its dual core business development [1] Group 1: Vessel Delivery - The company received a 175,000 cubic meter LNG carrier named "Haiyun" on September 24, 2025 [1] - This vessel is the first of two eco-friendly LNG carriers ordered in 2022 [1] - The ship is equipped with a new LNG dual-fuel slow-speed main engine and an integrated ICER system, meeting the highest emission standards set by the International Maritime Organization [1] Group 2: Technical Specifications - The cargo hold utilizes the GTT Mark III Flex containment system, with a daily evaporation rate of only 0.085% [1] Group 3: Business Development - The delivery is seen as a milestone that supports the stable development of the company's dual core business [1] - As of the announcement date, the company operates 27 LNG vessels and has 37 vessels on order [1]