2025年第二次临时股东大会 会议资料 二〇二五年九月二十六日 | 现场投票注意事项 17 | | --- | 2025年第二次临时股东大会会议须知 各位股东： 为了维护投资者的合法权益，确保股东在本公司2025年第 二次临时股东大会（以下简称"股东大会"或"大会"）期间依法 行使权利，保证股东大会的正常秩序和议事效率，依据中国证 券监督管理委员会《上市公司股东会规则》及公司《股东大会 议事规则》等有关规定，制定如下有关规定： 一、公司董事、监事、高级管理人员可通过列席或视频方 式参加本次会议。 二、本公司根据《公司法》《证券法》《上市公司股东会 规则》及《公司章程》的规定，认真做好召开股东大会的各项 工作。 三、股东大会设立秘书处，负责大会的程序安排和会务工 作。 四、董事会在股东大会的召开过程中，应当以维护股东的 合法权益，确保正常程序和议事效率为原则，认真履行法定职 责。 五、股东参加股东大会，依法享有发言权、表决权等各项 权利，认真履行法定义务，不得侵犯其他股东的合法权益，不 得扰乱大会的正常秩序。 六、每一股东发言原则上不得超过两次，每次发言不得超 2 过三分钟。 七、为提高大会议事效率，在股东就本 ...

Market Overview - On September 18, the shipping and port sector declined by 1.54%, with Nanjing Port leading the drop [1] - The Shanghai Composite Index closed at 3831.66, down 1.15%, while the Shenzhen Component Index closed at 13075.66, down 1.06% [1] Stock Performance - Nanjing Port (002040) closed at 9.66, down 5.01% with a trading volume of 270,800 shares and a transaction value of 266 million [1] - HNA Technology (600751) fell by 4.67% to 4.70, with a trading volume of 976,900 shares and a transaction value of 473 million [1] - Ningbo Maritime (600798) decreased by 3.21% to 3.92, with a trading volume of 460,920 shares and a transaction value of 242 million [1] - Other notable declines include Phoenix Shipping (000520) down 3.17%, China Merchants Energy (601975) down 2.71%, and COSCO Shipping Specialized (600428) down 2.89% [1] Capital Flow - The shipping and port sector experienced a net outflow of 670 million from institutional investors, while retail investors saw a net inflow of 503 million [3] - Notable net inflows from retail investors include Hai Xia Co. (002320) with 86.54 million and China Merchants Port (001872) with 24.98 million [3] - Conversely, institutional investors showed a net outflow in several stocks, including Qin Port Co. (601326) and Xingtong Co. (603209) [3]

Core Viewpoint - The company has successfully delivered the world's first large car carrier equipped with a methanol dual-fuel power system, enhancing its competitive edge in the automotive roll-on/roll-off shipping market [1][2]. Group 1: New Ship Delivery - On September 17, 2025, the company received the "Gangrong" vessel, a 9300CEU methanol dual-fuel power roll-on/roll-off ship, in Nantong, Jiangsu Province [1]. - This vessel is the first of two 9300CEU and four 7800CEU methanol dual-fuel power roll-on/roll-off ships ordered in 2023 [1]. - The dual-fuel system allows for flexible switching between traditional fuel and methanol, meeting the highest emission standards set by the International Maritime Organization (IMO) Tier III, and can reduce greenhouse gas emissions by over 70% when using green methanol [1]. Group 2: Market Position and Fleet Improvement - The "Gangrong" series of vessels will significantly improve the company's roll-on/roll-off fleet structure and enhance its capacity to serve customers, especially as Chinese automotive companies accelerate their international expansion and the export of new energy vehicles grows rapidly [2]. - As of the announcement date, the company operates a total of 19 roll-on/roll-off vessels, including 8 on the Yangtze River, 4 coastal vessels, and 7 ocean-going vessels [2]. - The company has 5 vessels on order, including 1 9300CEU and 4 CEU methanol dual-fuel power roll-on/roll-off ships, which are expected to be operational between the second half of 2025 and 2026 [2].

（文章来源：证券日报） 证券日报网讯 9月17日晚间，招商轮船发布公告称，2025年9月17日，公司通过下属全资单船公司在江 苏省南通市接收了1艘9300CEU（标准车位）的甲醇双燃料动力滚装船"港荣"轮，这也是全球首艘采用 甲醇双燃料动力系统的大型汽车滚装船。截至本公告发布之日，公司汽车滚装船板块拥有营运中的各类 滚装船共计19艘，其中长江滚装船8艘，沿海滚装船4艘，远洋滚装船7艘。在手订单5艘，包括1艘 9300CEU和4艘CEU车位甲醇双燃料动力滚装船，将在2025年下半年至2026年投入运营。 ...

证券之星消息，9月17日航运港口板块较上一交易日上涨0.51%，中远海能领涨。当日上证指数报收于 3876.34，上涨0.37%。深证成指报收于13215.46，上涨1.16%。航运港口板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 600026 | 中远海能 | 12.73 | 3.50% | 75.87万 | | 9.72 6 | | 600751 | 海航科技 | 4.93 | 2.71% | 99.06万 | | 4.85 Z | | 002040 | 南京港 | 10.17 | 2.11% | 37.45万 | | 3.79亿 | | 601975 | 招商南油 | 3.32 | 1.84% | 236.55万 | | 7.87亿 | | 601872 | 招商轮船 | 8.95 | 1.82% | 123.43万 | | 11.06亿 | | 603167 | 渤海轮渡 | 10.14 | 1.20% | 6.65万 | | 6737.83万 | ...

格隆汇9月17日丨招商轮船(601872.SH)公布，2025年9月17日，公司通过下属全资单船公司在江苏省南 通市接收了1艘9300CEU（标准车位）的甲醇双燃料动力滚装船"港荣"轮，这也是全球首艘采用甲醇双 燃料动力系统的大型汽车滚装船。 截止本公告发布之日，公司汽车滚装船板块拥有营运中的各类滚装船共计19艘，其中长江滚装船8艘， 沿海滚装船4艘，远洋滚装船7艘。在手订单5艘，包括1艘9300CEU和4艘CEU车位甲醇双燃料动力滚装 船，将在2025年下半年至2026年投入运营。 该轮为公司2023年订造的2艘9300CEU甲醇双燃料动力滚装船和4艘7800CEU甲醇双燃料动力滚装船中的 第1艘，该动力系统可实现传统燃油与甲醇两种燃料模式灵活切换，满足目前国际海事组织TierⅢ最高 排放标准，使用绿色甲醇时可减少70%以上的温室气体排放。具体请参见公司2023年3月30日和2023年 11月14日发布的《招商轮船关于在关联方订造船舶的关联交易公告》，公告编号：2023[023]号和 2023[074]号。 ...

证券代码：601872 证券简称：招商轮船 公告编号：2025[048] 招商局能源运输股份有限公司 口高速增长的情况下，为公司在细分市场进一步提升承运能力和市场 竞争力继续夯实基础，有利于提升公司汽车滚装船板块的核心竞争力 和持续盈利能力。 截止本公告发布之日，公司汽车滚装船板块拥有营运中的各类滚 装船共计 19 艘，其中长江滚装船 8 艘，沿海滚装船 4 艘，远洋滚装 船 7 艘。在手订单 5 艘，包括 1 艘 9300CEU 和 4 艘 CEU 车位甲醇双 燃料动力滚装船，将在 2025 年下半年至 2026 年投入运营。 特此公告。 招商局能源运输股份有限公司董事会 2025 年 9 月 18 日 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 17 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江苏省南通市接收了 1 艘 9300CEU（标准 车位）的甲醇双燃料动力滚装船"港荣"轮，这也是全球首艘采用甲 醇双燃料动力系统的大型汽车滚装船。 该轮为公司 2023 年订造的 ...

招商轮船（601872）(601872.SH)公告，公司通过下属全资单船公司在江苏省南通市接收了1艘 9300CEU(标准车位)的甲醇双燃料动力滚装船"港荣"轮，这也是全球首艘采用甲醇双燃料动力系统的大 型汽车滚装船。 ...

招商轮船公告，2025年9月17日，通过下属全资单船公司在江苏省南通市接收了1艘9300CEU（标准车 位）的甲醇双燃料动力滚装船"港荣"轮，这也是全球首艘采用甲醇双燃料动力系统的大型汽车滚装船。 该轮为公司2023年订造的2艘9300CEU甲醇双燃料动力滚装船和4艘7800CEU甲醇双燃料动力滚装船中的 第1艘。 ...

Summary of Conference Call for China Merchants Energy Shipping Company Industry Overview - The shipping industry is experiencing increased confidence among shipowners due to OPEC's exit from production cuts, leading to higher freight rates as shippers anticipate potential shortages [2][3][7] - The current supply-demand structure in the shipping market remains stable, with no significant gaps in cargo volume or vessel availability noted as of mid-September [4] - The market is expected to see a more pronounced imbalance in supply and demand by late September [4] Company Performance - China Merchants Energy Shipping Company reported that its oil and bulk shipping segments outperformed market indices by over 10% in the first half of 2025, while the container shipping segment met expectations [2][8] - The LNG segment remained stable, and the roll-on/roll-off segment maintained its gross profit levels through partnerships [2][8] - The company plans to receive 17 new vessels in 2025, primarily focusing on LNG and bulk carriers, which will significantly increase effective capacity [2][17] Market Trends and Expectations - The average freight rates for Very Large Ore Carriers (VLOC) are expected to remain high in the upcoming quarters, although not continuously increasing [2][9] - The dry bulk market is anticipated to perform well in Q4 2025, supported by stable iron ore trade volumes and continued growth in bauxite shipments [12][13] - The company expects a favorable outlook for the container shipping business due to shifts in supply chains towards Southeast Asia and increased local consumption [18][19] Regulatory and Environmental Factors - Stricter environmental regulations are raising operational costs and entry barriers in the shipping industry, benefiting larger shipping companies and promoting industry consolidation [2][22] - The implementation of low-sulfur fuel policies has not caused significant disruptions, contrary to initial market fears, and has led to increased installations of scrubbers [24] Challenges and Risks - The return of gray market vessels to compliance is unlikely due to their age and operational history, which limits competition with mainstream fleets [10][14] - The slow clearance of old vessels is primarily due to favorable market conditions, with potential exits occurring only during industry downturns or cash flow crises [11] - The roll-on/roll-off segment faces challenges from trade disputes and market fluctuations, but new vessel deliveries are expected to enhance performance [21] Strategic Initiatives - The company is maintaining its strategic investment in Antong Holdings, with plans to continue benefiting from this investment in the coming years [20] - The focus on new technologies and alternative fuels, such as LNG and methanol, is part of the company's strategy to adapt to changing market conditions and regulatory requirements [25] This summary encapsulates the key points discussed during the conference call, highlighting the company's performance, market trends, regulatory impacts, and strategic initiatives.