Core Viewpoint - The announcement details a reduction in shareholding by major shareholders of Xingtong Shipping Co., Ltd., which does not trigger a mandatory takeover bid and does not affect the control structure of the company [1][2]. Summary by Sections 1. Basic Information on Shareholding Change - The shareholding change involves a reduction and is executed by Shandong Riying Investment Co., Ltd., Mr. Chen Qinghong, and Xiong'an Hehai Venture Capital Partnership (Limited Partnership), who are acting in concert. Post-change, they collectively hold 32,499,900 shares, representing 10.00% of the total share capital of Xingtong Shipping [1][2]. 2. Details of the Shareholding Change - Shandong Riying Investment reduced its holdings through block trading on August 1, 2025, selling 3,094,100 shares, which is 0.95% of the total share capital. Following this transaction, its shareholding decreased from 4,984,000 shares (1.53%) to 1,889,900 shares (0.58%) [2]. - Mr. Chen Qinghong plans to reduce his holdings by 73,640 shares, which is 0.02% of the total share capital, through legal means recognized by the Shanghai Stock Exchange [2]. 3. Shareholding Structure Before and After the Change - Before the change, the total shares held by the involved parties amounted to 35,594,000 shares (10.95%). After the reduction, the total shares held decreased to 32,499,900 shares (10.00%) [2]. 4. Impact on Company Structure - The reduction in shareholding does not involve changes to the company's controlling shareholder or actual controller, ensuring that the governance structure and operational continuity of Xingtong Shipping remain unaffected [1][2].

兴通海运股份有限公司 简式权益变动报告书 上市公司名称：兴通海运股份有限公司 股票上市地点：上海证券交易所 股票简称：兴通股份 股票代码：603209 信息披露义务人：山东日盈投资有限公司 住所：山东省枣庄市滕州市学院路东首1289号 通讯地址：山东省枣庄市滕州市学院路东首1289号 一致行动人一：陈庆洪 住所：山东省枣庄市滕州市****** 通讯地址：山东省枣庄市滕州市****** 一致行动人二：雄安和海创业投资合伙企业（有限合伙） 住所：河北省雄安新区容城县容东片区金湖东路90号融智港二区3号楼1-103 通讯地址：福建省泉州市泉港区驿峰东路295号兴通海运大厦 股份变动性质：股份减持，合计拥有权益的股份触及5%整数倍 报告签署日期：2025年8月 三、依据《证券法》《收购办法》《准则15号》的规定，本报告书已全面披露 了信息披露义务人在兴通海运股份有限公司中拥有权益的股份变动情况。 截至本报告书签署之日，除本报告书披露的持股信息外，信息披露义务人没有 通过任何其他方式增加或减少其在兴通海运股份有限公司中拥有权益的股份。 四、本次权益变动是根据本报告所载明的资料进行的。信息披露义务人没有委 托或授权其他任 ...

证券代码：603209 证券简称：兴通股份 公告编号：2025-059 兴通海运股份有限公司 关于持股 5%以上股东权益变动的提示性公告 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： 本次权益变动属于减持，不触及要约收购。根据《上市公司收购管理办 法》，股东山东日盈投资有限公司（以下简称"日盈投资"）、陈庆洪先生和雄 安和海创业投资合伙企业（有限合伙）（以下简称"和海创投"）为一致行动人， 本次权益变动后，其合计拥有权益的股份数量为 32,499,900 股，占兴通海运股份 有限公司（以下简称"公司"）总股本的比例为 10.00%。 本次权益变动不涉及公司控股股东、实际控制人，不会导致公司控股股 东及实际控制人发生变化。 一、本次权益变动基本情况 2025 年 8 月 1 日，公司收到信息披露义务人日盈投资出具的《兴通海运股 份有限公司简式权益变动报告书》。现将有关权益变动情况公告如下： （一）信息披露义务人及其一致行动人基本情况 1、信息披露义务人：日盈投资 | 公司名称 | 山东日盈投资有限公司 | | ...

格隆汇8月1日丨兴通股份(603209.SH)公布，日盈投资于2025年8月1日通过大宗交易方式合计减持公司 股份3,094,100股，占公司总股本的0.95%。日盈投资持有公司股份数量由4,984,000股变动至1,889,900 股，占公司总股本的比例由1.53%减少至0.58%。 ...

Core Insights - On August 1, Xingtong Co., Ltd. executed a block trade of 3.4369 million shares, amounting to 47.1299 million yuan, which accounted for 58.85% of the total trading volume for that day [1] - The average transaction price was 13.71 yuan, representing a discount of 9.37% compared to the market closing price of 15.13 yuan [1] - The highest transaction price recorded was 14.01 yuan, while the lowest was 13.68 yuan [1] Trading Details - The block trade on August 1 involved multiple transactions with varying prices, including a transaction at 14.01 yuan for 200.06 million yuan and another at 13.68 yuan for 42.3273 million yuan [2] - The trading was facilitated by various brokerage firms, including CITIC Securities, with specific branches involved in both buying and selling activities [2]

Group 1 - The policy of "one line open, two lines controlled, and free within the island" will be officially implemented, significantly increasing the proportion of imported "zero tariff" goods from 21% to 74%, enhancing trade freedom between Hainan and foreign countries while maintaining efficient connectivity with the mainland [1] - Xingtong Co., Ltd. has proactively established a wholly-owned subsidiary, Xingtong Shipping (Hainan) Co., Ltd., in June 2022, with a registered capital of 250 million RMB, to capitalize on the Hainan Free Trade Port policy [1] - Xingtong Shipping (Hainan) primarily engages in international bulk liquid hazardous goods transportation and has established 10 wholly-owned subsidiaries in Singapore and Hong Kong, with a total registered capital of approximately 160 million RMB, forming a global operational network [1][2] Group 2 - Currently, Xingtong Shipping (Hainan) and its subsidiaries operate 8 chemical tankers with a total deadweight tonnage of 130,600 tons and a total investment of about 1.3 billion RMB, focusing on international liquid chemical transportation across various regions [2] - The company has established stable partnerships with key local enterprises in Hainan, such as China National Offshore Oil Corporation and Yisheng Dahu Chemical Co., Ltd., which lays a solid foundation for business expansion post-closure [2] - With the upcoming closure operation of Hainan Free Trade Port, the company anticipates increased shipping demand due to more international trade and investment, and plans to leverage its platform to enhance profitability and market share in the international shipping sector [2]

Investment Rating - The investment rating for the transportation industry is "Positive" (maintained) [4] Core Views - The express delivery sector shows significant divergence in June data, with a focus on the industry's anti-involution process [3] - The express logistics market is expanding, supported by the national strategy to boost domestic demand, with a year-on-year growth of 15.8% in express delivery volume in June 2025 [5] - The performance of major express companies varies, with SF Express maintaining a business volume growth rate of over 30%, while other companies like YTO Express and Yunda Express show slower growth [4][5] Summary by Sections Express Logistics - In June 2025, the total express delivery volume reached 16.87 billion pieces, a year-on-year increase of 15.8%, with total revenue of 126.32 billion yuan, up 9.0% [5][24] - Major express companies' performance in June: YTO Express (2.627 billion pieces, +19.34%), Yunda Express (2.173 billion pieces, +7.41%), SF Express (1.460 billion pieces, +31.77%) [4][28] - The market share for these companies is 15.6% for YTO, 12.9% for both Yunda and Shentong, and 8.7% for SF Express [4] Air Transportation - The air travel sector is expected to benefit from macroeconomic recovery, with a year-on-year increase of 4.4% in passenger transport volume in June 2025 [52] - Major airlines are projected to improve their performance in Q2 2025 due to better supply-demand dynamics and lower oil prices [8] Shipping and Ports - The shipping sector is anticipated to benefit from OPEC+ production increases and a favorable economic environment, with a focus on crude oil transportation [16] - The Baltic Dry Index (BDI) increased by 27.8% week-on-week, indicating a recovery in the bulk shipping market [11][68] - Container throughput at Chinese ports showed a slight increase in cargo volume but a decrease in container throughput [81] Road and Rail - In June 2025, road freight volume increased by 2.86% year-on-year, while rail freight volume rose by 7.36% [45] - National logistics operations are running smoothly, with a slight increase in freight truck traffic [14] Supply Chain Logistics - Companies like Shenzhen International and Debon Logistics are expected to benefit from strategic transformations and improved profitability [15]

Investment Rating - The investment rating for the transportation industry is "Positive" (maintained) [4] Core Views - The report highlights the need for the express delivery industry to shift towards high-quality development, as the State Post Bureau opposes "involution" competition and aims to improve service quality [4] - The express delivery sector is currently experiencing a decline in per-package revenue, with major companies like Zhongtong, Yuantong, Yunda, and Shentong showing year-on-year decreases in revenue per package [4] - Jitu's Southeast Asian market has seen significant growth, with a total package volume of 7.392 billion pieces in Q2 2025, a year-on-year increase of 23.5% [5] - The airline industry is expected to benefit from macroeconomic recovery, with long-term supply-demand trends indicating potential for growth [12] - The shipping sector is anticipated to improve due to OPEC+ production increases and the Federal Reserve's interest rate cuts, with specific recommendations for companies like China Merchants Energy and COSCO Shipping [12] Summary by Sections Express Delivery - The express delivery market is facing intense competition, with major players experiencing a decline in revenue per package [4] - The report suggests that regulatory changes could help improve the situation by reducing low-cost competition and enhancing the performance of leading companies [4][12] Airline Industry - The airline sector is characterized by long-term low supply growth, but demand is expected to benefit from macroeconomic recovery [12] - Key companies to watch include China National Aviation Holding, Southern Airlines, and HNA Group [12] Shipping and Ports - The report indicates a positive outlook for oil transportation due to OPEC+ production increases and potential interest rate cuts [12] - Recommendations include focusing on companies like China Merchants Energy and COSCO Shipping for their growth potential in the shipping market [12] Road and Rail - The report notes that the Daqin Railway experienced a year-on-year decrease in freight volume in June 2025, while overall logistics operations remain stable [11][12] - Companies like Zhongyuan Expressway and Sichuan Chengyu are highlighted for their growth potential due to infrastructure developments [12]

证券代码：603209 证券简称：兴通股份 公告编号：2025-058 兴通海运股份有限公司 关于为全资子公司提供担保的公告 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： 担保对象及基本情况 | | 被担保人名称 | | | 兴通海象航运有限公司 （以下简称"兴通海象"） | | --- | --- | --- | --- | --- | | | 本次担保金额 | | | 万元 21,840 | | 担保对象 | 实际为其提供的担保余额 | | 44,925 | 万元（含本次担保） | | | 是否在前期预计额度内 | 是 | □否 | □不适用：_________ | | | 本次担保是否有反担保 | 是 | ☑否 | □不适用：_________ | 累计担保情况 | 对外担保逾期的累计金额（万元） | 0.00 | | --- | --- | | 截至本公告日上市公司及其控股子公 | 192,157 | | 司对外担保总额（万元） | | | 对外担保总额占上市公司最近一期经 | 75.46 | | ...

Core Viewpoint - The company Xingtong Co., Ltd. plans to reduce its share capital by a total of 15.75 million shares, accounting for 4.85% of its total share capital, due to personal financial needs of several shareholders, with an estimated cash amount exceeding 240 million yuan based on the stock price on July 9 [1][3]. Shareholder Information - Shareholder Wang Lianghua holds 16.8 million shares, representing 5.17% of the total share capital [2]. - Shareholder Hehai Chuangtou holds 30.24 million shares, representing 9.30% of the total share capital [2]. - Shareholder Chen Qinghong holds 370,000 shares, representing 0.11% of the total share capital, while his controlled entity, Shandong Riying Investment Co., Ltd., holds 4.984 million shares, representing 1.53% of the total share capital [2]. Reduction Plan Details - Wang Lianghua plans to reduce up to 4.2 million shares, accounting for 1.29% of the total share capital [3]. - Hehai Chuangtou plans to reduce up to 6.5 million shares, accounting for 2.00% of the total share capital [3]. - Chen Qinghong and his controlled entity plan to reduce a total of up to 5.05 million shares, accounting for 1.55% of the total share capital [3]. Business Overview - Xingtong Co., Ltd. primarily engages in the maritime transportation of global bulk liquid hazardous goods, including liquid chemicals, refined oil, and liquefied petroleum gas [3]. Financial Performance - For the year 2024, the company reported revenue of 1.51 billion yuan, a year-on-year increase of 22.4%, and a net profit attributable to shareholders of 350 million yuan, a year-on-year increase of 38.9% [3]. - The company's net profit excluding non-recurring items was 338 million yuan, a year-on-year increase of 42.6%, with a net operating cash flow of 558 million yuan, a year-on-year increase of 7.0% [3]. - In the first quarter of 2025, the company reported revenue of 382 million yuan, a year-on-year decrease of 0.8%, and a net profit attributable to shareholders of 73.77 million yuan, a year-on-year decrease of 4.8% [3]. - The net profit excluding non-recurring items for the first quarter of 2025 was 70.78 million yuan, a year-on-year decrease of 8.2%, with a net operating cash flow of 71.99 million yuan, a year-on-year decrease of 46.8% [3].