Report Industry Investment Rating No relevant content provided. Core View of the Report - Today, the futures prices of each contract of the Container Shipping Index (European Line) opened lower and fluctuated. By the close, except for a slight decline in the EC2508 contract, the prices of other monthly contracts rebounded slightly. The collective and continuous reduction of the spot cabin quotes for the European Line around mid - August by some mainstream shipping companies led to the lower opening of the futures prices. Then, some contracts rebounded as expected due to reaching short - term lows and being affected by the sentiment in the commodity market. For the future, the new weekly opening quotes of MSK have significantly declined again, and it is more likely that the EC will return to a fluctuating and slightly downward trend. In the medium term, without sudden event factors, the overall futures price trend may still be slightly downward [1]. Summary According to Related Catalogs EC Risk Management Strategy Suggestion - For position management, if one has already obtained positions but the shipping capacity is full or the booked cargo volume is poor, and there are concerns about a decline in freight rates, one can short the container shipping index futures to lock in profits. The recommended hedging tool is EC2510, with a selling suggestion and an entry range of 1500 - 1600 [1]. - For cost management, when shipping companies increase the frequency of blank sailings or the market is about to enter the peak season, and one hopes to book cabins according to order situations, one can buy the container shipping index futures at present to determine the cabin - booking cost in advance. The recommended hedging tool is EC2510, with a buying suggestion and an entry range of 1200 - 1300 [1]. Market News - According to Israeli media on August 4th, Israeli Prime Minister Netanyahu "tends to expand the Israeli military's military operations in the Gaza Strip and control the entire Gaza Strip", and the Israeli cabinet will hold a decision - making meeting on this on August 5th [2]. - Some mainstream shipping companies reduced the spot cabin quotes for the European Line around mid - August today, and MSK's new weekly quotes for the European Line spot cabins declined again [3]. EC Basis Daily Changes | Contract | Basis (points) | Daily Change (points) | Weekly Change (points) | | --- | --- | --- | --- | | EC2508 | 209.06 | 33.50 | 3.50 | | EC2510 | 884.86 | 8.80 | 28.30 | | EC2512 | 607.36 | - 13.30 | 25.80 | | EC2602 | 805.46 | - 22.20 | 10.20 | | EC2604 | 966.86 | - 15.90 | 20.30 | [4] EC Price and Spread | Contract | Closing Price (points) | Daily Change Rate | Weekly Change Rate | Spread Contract | Closing Price (points) | Daily Change | Weekly Change | | --- | --- | --- | --- | --- | --- | --- | --- | | EC2508 | 2088.8 | - 1.58% | - 1.05% | EC2508 - 2512 | 398.3 | - 46.8 | 22.3 | | EC2510 | 1413.0 | - 0.62% | - 3.22% | EC2512 - 2604 | 359.5 | - 2.6 | 1.0 | | EC2512 | 1690.5 | 0.79% | - 2.56% | EC2604 - 2508 | - 757.8 | 49.4 | 93.1 | | EC2602 | 1492.4 | 1.51% | - 1.90% | EC2508 - 2510 | 675.8 | - 46.8 | 24.8 | | EC2604 | 1331.0 | 1.21% | - 2.85% | EC2510 - 2512 | - 277.5 | - 22.1 | - 2.5 | | EC2606 | 1471.6 | 1.27% | - 2.21% | EC2512 - 2602 | 198.1 | - 8.9 | - 3.3 | [6] Container Shipping Spot Cabin Quotes (CY - CY, Shanghai - Rotterdam) - For Maersk in mid - to late August, the total quote for 20GP on August 14th was $1760, an increase of $5 compared to the previous period, and the total quote for 40GP was $2960, an increase of $10. On August 21st, the opening quote for 20GP was $1560, a decrease of $120 compared to the previous week, and the opening quote for 40GP was $2600, a decrease of $200 [8]. - For MSC in mid - to late August, the total quote for 20GP was $1820, a decrease of $180 compared to the previous period, and the total quote for 40GP was $3040, a decrease of $300 [8]. - For CMA CGM in early August, the total quote for 20GP was $1835, a decrease of $100 compared to the previous period, and the total quote for 40GP was $3245, a decrease of $200 [8]. - For Hapag - Lloyd in the past three weeks, the total quote for 20GP was $1735, a decrease of $100/200 compared to the previous period, and the total quote for 40GP was $2835, a decrease of $410/300 [8]. - For Evergreen in early August, the total quote for 20GP was $2355, a decrease of $50 compared to the previous period, and the total quote for 40GP was $3560, a decrease of $100. In mid - to late August, the total quote for 20GP was $2055, a decrease of $300 compared to the previous period, and the total quote for 40GP was $3160, a decrease of $400 [8][9]. Global Freight Rate Index | Index | Latest Value | Previous Value | Change | Change Rate | | --- | --- | --- | --- | --- | | SCFIS: European Line (points) | 2297.86 | 2316.56 | - 18.7 | - 0.81% | | SCFIS: US West Line (points) | 1130.12 | 1284.01 | - 153.89 | - 11.99% | | SCFI: European Line (USD/TEU) | 2051 | 2090 | - 39 | - 1.87% | | SCFI: US West Line (USD/FEU) | 2021 | 2067 | - 46 | - 2.23% | | XSI: European Line (USD/FEU) | 3395 | 3362 | 33 | 0.98% | | XSI: US West Line (USD/FEU) | 2135 | 2166 | - 31 | - 1.4% | | FBX Comprehensive Freight Rate Index (USD/FEU) | 2229 | 2302 | - 73 | - 3.17% | [9] Global Major Port Waiting Times | Port | August 4, 2025 | August 3, 2025 | Daily Change | Same Period Last Year | | --- | --- | --- | --- | --- | | Hong Kong Port | 0.218 | 0.241 | - 0.023 | 0.599 | | Shanghai Port | 1.384 | 1.463 | - 0.079 | 1.578 | | Yantian Port | 0.564 | 0.895 | - 0.331 | 0.741 | | Singapore Port | 0.826 | 0.393 | 0.433 | 0.555 | | Jakarta Port | 0.841 | 1.157 | - 0.316 | 0.775 | | Long Beach Port | 1.721 | 1.818 | - 0.097 | 2.180 | | Savannah Port | 1.802 | 1.144 | 0.658 | 0.718 | [16] Ship Speed and Number of Container Ships Waiting at Suez Canal Port Anchorage | Ship Type | August 4, 2025 | August 3, 2025 | Daily Change | Same Period Last Year | | --- | --- | --- | --- | --- | | 8000+ | 15.853 | 15.803 | 0.05 | 15.899 | | 3000+ | 14.787 | 14.788 | - 0.001 | 15.029 | | 1000+ | 13.323 | 13.28 | 0.043 | 13.441 | | Container Ships Waiting at Suez Canal Port Anchorage | 12 | 13 | - 1 | 11 | [24]

Report Summary 1. Report Industry Investment Rating No information provided. 2. Core View of the Report - Today, the futures prices of each contract of the Container Shipping Index (European Line) opened lower and fluctuated. As of the close, the prices of all EC contracts declined. Looking at the changes in the positions of the top 20 institutional holders on the exchange, the long positions of the EC2510 contract decreased by 1,040 lots to 26,610 lots, the short positions decreased by 1,158 lots to 32,329 lots, and the trading volume decreased by 25,427 lots to 57,250 lots (bilateral). MSC will start to lower prices in mid - August, leading the futures prices to decline from the current price perspective. Additionally, the Politburo meeting's change in the description of "anti - involution" from "governing the low - price and disorderly competition of enterprises in accordance with laws and regulations" to "governing the disorderly competition of enterprises in accordance with laws and regulations" has dampened the high - rising sentiment of related commodity futures. Indirectly, this has affected the futures prices opening lower today. For the future market, it is expected that the overall EC will likely fluctuate with a slight downward trend, but the impact of commodity sentiment and capital flows still needs to be monitored [1]. 3. Summary by Relevant Catalogs 3.1 EC Risk Management Strategy Suggestions - **Position Management**: For those who have already obtained positions but have full capacity or poor booking volumes, and are worried about falling freight rates (long position), to prevent losses, they can short the container shipping index futures according to the company's positions to lock in profits. The recommended hedging tool is EC2510, with a selling direction and an entry range of 1,700 - 1,800 [1]. - **Cost Management**: For shipowners increasing blank sailings or about to enter the peak season and wishing to book according to orders (short position), to prevent rising freight rates from increasing transportation costs, they can buy the container shipping index futures at present to determine the booking cost in advance. The recommended hedging tool is EC2510, with a buying direction and an entry range of 1,300 - 1,400 [1]. 3.2 Market Influencing Factors - **Positive Factor**: From July 28th to 29th, local time, Chinese and US economic and trade leaders held talks in Stockholm. According to the consensus, both sides will continue to extend the suspension of 24% of the US reciprocal tariffs and China's counter - measures for 90 days [2]. - **Negative Factor**: MSC has lowered the spot - cabin quotes for the European Line in mid - August [2]. 3.3 EC Base - Point and Price Information - **Base - Point Changes**: On August 1st, 2025, the base points of EC contracts such as EC2508, EC2510, etc. all showed daily and weekly changes. For example, the base point of EC2508 was 194.96, with a daily increase of 17.40 and a weekly increase of 39.36 [2]. - **Price and Spread**: On August 1st, 2025, the closing prices of EC contracts generally declined, with different daily and weekly decline rates. For example, the closing price of EC2508 was 2,121.6, with a daily decline of 0.81% and a weekly decline of 5.49%. The spreads between different contracts also showed various changes [3]. 3.4 Spot - Cabin Quotes - On August 14th, for Maersk's Shanghai - Rotterdam shipping schedule, the total quote for 20GP was $1,730, an increase of $15 compared to the previous period, and the total quote for 40GP was $2,900, an increase of $30 compared to the previous period. - In mid - August, for MSC's Shanghai - Rotterdam shipping schedule, the total quote for 20GP was $2,000, a decrease of $163 compared to the previous period, and the total quote for 40GP was $3,340, a decrease of $306 compared to the previous period [5]. 3.5 Global Freight Rate Index - As of the latest data, the SCFIS European Line index was 2,316.56, down 3.50% from the previous value; the SCFIS US West Line index was 1,284.01, down 1.37% from the previous value. Different freight rate indices showed different changes [6]. 3.6 Global Major Port Waiting Times - On July 31st, 2025, the waiting times of major ports such as Hong Kong Port, Shanghai Port, etc. changed compared to the previous day and the same period last year. For example, the waiting time at Hong Kong Port was 1.739 days, a decrease of 0.069 days from the previous day [13]. 3.7 Ship Speed and Number of Waiting Ships - On July 31st, 2025, the average speeds of container ships of different types such as 8000 +, 3000 +, and 1000 + changed compared to the previous day and the same period last year. The number of container ships waiting at the Suez Canal port anchorages was 9, a decrease of 8 from the previous day [22].

Core Viewpoint - Shanghai Longyu Data Co., Ltd. announced its delisting and suspension of trading, effective July 3, 2025, following a shareholder meeting where significant concerns were raised regarding the management and financial practices of the company [1][4]. Group 1: Company Management and Governance - The actual controller, Xu Zengzeng, resigned from all positions due to personal and health reasons, raising questions about the suitability of family members in key management roles [1][8]. - Shareholders expressed concerns over the management's ability to lead the company, particularly in light of the significant financial mismanagement and the company's declining stock price from a peak of 51.5 yuan per share to 2.44 yuan [8][9]. Group 2: Financial Issues and Shareholder Concerns - The company faced a significant financial crisis, with a reported 917 million yuan in funds occupied by the controlling shareholders, leading to a non-standard audit opinion from its accounting firm [6][11]. - During the shareholder meeting, a proposal regarding daily related party transactions was rejected with 63.58% of votes against it, indicating strong opposition from shareholders concerned about potential continued financial misappropriation [4][5]. - Shareholders questioned the management about the company's net assets, which had dwindled to 3.326 billion yuan despite raising 3.834 billion yuan since its IPO in 2012 [8][9]. Group 3: Future Outlook and Commitments - The current management, represented by Liu Ce, indicated a willingness to repay the occupied funds when financially feasible, although no specific timeline or plan was provided [9][10]. - The company has previously committed to resolving the related party fund occupation issues and is in discussions with financial institutions and strategic investors [11].

Group 1 - Kanghong Pharmaceutical received a drug registration certificate for Lifisig Eye Drops, approved for treating dry eye symptoms [1] - Kanghong Biotech, a wholly-owned subsidiary, received clinical trial approval for KH813 injection for metastatic non-squamous non-small cell lung cancer [1] - Kanghong Pharmaceutical was established in October 1996, focusing on drug and medical device research, production, and sales [1] Group 2 - Guoyuyuan's subsidiary received a government subsidy of 7.5521 million yuan, accounting for 10.14% of the company's audited net profit for 2024 [2] - Guoyuyuan was founded in November 1996, specializing in drug research, production, and sales [3] Group 3 - Haicheng Bonda's subsidiary signed a lease termination agreement, incurring a termination fee of 3.35 million USD [4] - Haicheng Bonda was established in December 2009, providing comprehensive modern logistics services [4] Group 4 - Hongxin Electronics' subsidiary signed contracts totaling 373 million yuan for computing power business [5] - Hongxin Electronics was founded in September 2003, focusing on FPC research, design, manufacturing, and sales [6] Group 5 - Tianbang Food reached a settlement agreement regarding a 1.214 billion yuan lawsuit, agreeing to repay 410 million yuan over 36 months [8] - Tianbang Food was established in September 1996, specializing in pig farming and pork processing [9] Group 6 - Daoshi Technology's controlling shareholder plans to reduce holdings by up to 1.97% of the company's shares [10] - Daoshi Technology was founded in September 2007, focusing on ceramic color glazes and related products [10] Group 7 - Jinpu Titanium is planning a major asset restructuring, leading to a stock suspension [10] - Jinpu Titanium was established in November 1989, specializing in titanium dioxide production and sales [11] Group 8 - Shenzhen Energy plans to invest 6.332 billion yuan in upgrading the Mawan Power Plant [12] - Shenzhen Energy was founded in August 1993, focusing on conventional and renewable energy development [13] Group 9 - Lihua Co. plans to reduce holdings by up to 3% of the company's shares [14] - Lihua Co. was established in June 1997, specializing in the breeding and sales of poultry [15] Group 10 - China Communications Construction Company plans to repurchase shares worth 500 million to 1 billion yuan [16] - China Communications Construction Company was founded in October 2006, focusing on infrastructure design and construction [17] Group 11 - Huatiankeji's subsidiary received a government subsidy of 80.6569 million yuan, accounting for 13.09% of the company's latest audited net profit [20] - Huatiankeji was established in December 2003, specializing in integrated circuit packaging and testing [21] Group 12 - Luxin Chuangtou plans to acquire shares in Hongke Electronics for a total of 9 million yuan [23] - Luxin Chuangtou was founded in November 1993, focusing on venture capital and industrial development [24] Group 13 - Feilong Co.'s controlling shareholder plans to reduce holdings by up to 563,250 shares [25] - Feilong Co. was established in January 2001, specializing in thermal management components for automotive and civil applications [26] Group 14 - Linglong Tire submitted an application for H-share listing on the Hong Kong Stock Exchange [27] - Linglong Tire was founded in June 1994, focusing on tire design, development, manufacturing, and sales [27] Group 15 - Saiwei Electronics plans to acquire 9.5% of its subsidiary's shares for up to 324 million yuan [28] - Saiwei Electronics was established in May 2008, focusing on MEMS chip development and semiconductor equipment [28] Group 16 - Suzhou Bank's major shareholder plans to increase holdings by no less than 400 million yuan [29] - Suzhou Bank was founded in December 2004, focusing on various banking services [29]

Meeting Overview - The shareholders' meeting of Shanghai Longyu Data Co., Ltd. was held on June 30, 2025, at the Jinling Zijinshan Hotel in Shanghai [1] - The meeting was convened by the board of directors and presided over by Liu Ce, the acting chairman and general manager [1] Attendance and Voting - A total of 6,573,709,600 shares were represented at the meeting, indicating a significant level of participation [1] - The voting method combined on-site and online voting, complying with the Company Law and the company's articles of association [1] Resolutions and Voting Results - Several non-cumulative voting resolutions were passed with the following results: - Resolution 1: 195,107,758 votes in favor (78.91%), 32,978,229 abstentions (13.34%), and 19,174,998 votes against (7.76%) [1] - Resolution 2: 192,943,658 votes in favor (78.03%), 32,991,229 abstentions (13.34%), and 21,326,098 votes against (8.63%) [1] - Resolution 3: 198,196,758 votes in favor (80.16%), 29,218,029 abstentions (11.82%), and 19,846,198 votes against (8.03%) [1] - Resolution 4: 199,317,958 votes in favor (80.61%), 28,660,029 abstentions (11.59%), and 19,282,998 votes against (7.80%) [1] - Resolution 5: 199,243,458 votes in favor (80.58%), 29,273,729 abstentions (11.84%), and 18,743,798 votes against [1] - One resolution was not passed, indicating some dissent among shareholders [1] Legal Compliance - The meeting's procedures, including the convening, attendance, and voting, were confirmed to comply with relevant laws and regulations by the witnessing lawyers [3]

Group 1 - The company announced a share repurchase plan with a total expected amount between 50 million yuan and 100 million yuan, with a maximum repurchase price of 4.85 yuan per share [1][2] - The actual number of shares repurchased was 37,589,724, accounting for 9.99% of the total share capital, with a total expenditure of approximately 91.76 million yuan [3][5] - The repurchase was conducted to maintain company value and protect shareholder interests during the delisting adjustment period from June 10 to June 30, 2025 [2][3] Group 2 - The repurchase was executed in compliance with legal regulations, using the company's own funds, and did not significantly impact the company's normal operations or financial status [3] - The company’s major stakeholders, including the actual controller and senior management, committed not to buy or sell shares during the repurchase period [3][4] - The repurchased shares will be handled according to the relevant regulations, with a potential transfer or cancellation within three years if not used as disclosed [5]

证券代码：603003 证券简称：退市龙宇 公告编号：2025-073 上海龙宇数据股份有限公司 公司终止上市适用退市整理期的情形,退市整理期最后交易日为 2025 年 6 月 30 日。 上海龙宇数据股份有限公司（以下简称"本公司"）于 2025 年 5 月 30 日收到 上海证券交易所出具的自律监管决定书《关于上海龙宇数据股份有限公司股票终 终止上市暨摘牌日为 2025 年 7 月 3 日。 是否进入退市板块挂牌：是。 主办券商：首创证券股份有限公司。 公司股票终止上市后，将转入全国中小企业股份转让系统依托原证券公司代办 股份转让系统设立并代为管理的两网公司及退市公司板块挂牌转让。敬请广大 投 资 者 关 注 主 办 券 商 后 续 披 露 在 全 国 中 小 企 业 股 份 转 让 系 统 （https://www.neeq.com.cn）的股份确权公告，尽快完成股份确权手续，并 办理加挂资金账户等交易结算手续。 止上市的决定》（〔2025〕119 号），上海证券交易所决定终止公司股票上市。 股票终止上市暨摘牌的公告 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 ...

关于股份回购完成暨回购实施结果的公告 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。 重要内容提示： | 回购方案首次披露日 | 2025/6/7 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年 月 2025 10 6 | 6 | 日~2025 | 年 | 月 | 30 | 日 | | 预计回购金额 | 5,000万元(含)~10,000万元(含) | | | | | | | | 回购价格上限 | 4.85元/股 | | | | | | | | 回购用途 | □减少注册资本 □用于员工持股计划或股权激励 | | | | | | | | | □用于转换公司可转债 | | | | | | | | | √为维护公司价值及股东权益 | | | | | | | | 实际回购股数 | 3,758.9724万股 | | | | | | | | 实际回购股数占总股本比例 | 9.99% | | | | | | | | 实际回购金额 | ...

北京天驰君泰律师事务所上海分所 关于上海龙宇数据股份有限公司 2024 年年度股东会的 tiantailaw com 二〇二五年六月 tiantailaw.com 北京天驰君泰律师事务所上海分所 关于上海龙宇数据股份有限公司 2024 年年度股东会的 法律意见书 致：上海龙宇数据股份有限公司 北京天驰君泰律师事务所上海分所（以下简称"本所"）接受上海龙宇数据股份 有限公司（以下简称"公司"）的委托，指派律师出席公司 2024 年年度股东会（以下 简称"本次股东会"），并根据《中华人民共和国公司法》（以下简称"《公司 法》"）、《上市公司股东会规则》等法律、法规和规范性文件以及《上海龙宇数 据股份有限公司章程》（以下简称"《公司章程》"）的规定，就本次股东会的相关 事项出具本法律意见书。 为出具本法律意见书，本所及本所律师依据《律师事务所从事证券法律业务管 理办法》和《律师事务所证券法律业务执业规则（试行）》等规定，严格履行了法 定职责，遵循了勤勉尽责和诚实信用原则，本所律师通过现场出席方式对本次股东 会进行见证，对本次股东会所涉及的相关事项进行了必要的核查和验证，核查了本 所认为出具该法律意见书所需的相关文件 ...

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：603003 证券简称：退市龙宇 公告编号：2025-071 上海龙宇数据股份有限公司 2024年年度股东会决议公告 重要内容提示： 本次会议是否有否决议案：有 一、 会议召开和出席情况 (一)股东会召开的时间：2025 年 6 月 30 日 (二)股东会召开的地点：上海市浦东新区东方路 778 号上海金陵紫金山大酒店四 楼紫金厅 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 216 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 247,260,985 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 6,573.70960000 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东会由公司董事会召集，会议由公司代董事长、董事兼总经理刘策先 生主持。本次会议采取现场投票与网络投票相结合的 ...