Core Points - The report details the fundraising activities and management of Xingtong Shipping Co., Ltd., including the total amount raised, expenses, and the net amount available for investment [1][2][3] - The company raised a total of RMB 1,076 million from its initial public offering (IPO) in 2022, with a net amount of RMB 990 million after deducting expenses [1][2] - In 2023, the company raised RMB 642.6 million through a private placement, resulting in a net amount of RMB 632.77 million after expenses [1][2] - The report outlines the management of the raised funds, including the establishment of special accounts and regulatory agreements to ensure proper usage [2][4] - As of June 30, 2025, the company has invested RMB 911.52 million from the IPO funds and has generated RMB 11.69 million in interest income [1][2] - The company has also engaged in cash management for temporarily idle funds, allowing for investment in financial products while ensuring project funding remains unaffected [5][6] Fundraising Overview - The company issued 50 million shares at RMB 21.52 per share in its IPO, raising a total of RMB 1,076 million [1] - After deducting issuance costs of RMB 85.73 million, the net proceeds amounted to RMB 990.27 million [1] - In 2023, the company issued 45 million shares at RMB 14.28 per share, raising RMB 642.6 million, with net proceeds of RMB 632.77 million after expenses [1][2] Fund Management - The company has established a fundraising management system to ensure compliance with regulations and proper fund usage [2][4] - Multiple banks have signed tripartite agreements to oversee the management of the raised funds [2][4] - As of June 30, 2025, the company has utilized all funds from certain special accounts, which have since been closed [4][5] Investment and Usage of Funds - The company has invested RMB 911.52 million from the IPO funds into various projects, with specific allocations detailed in the report [1][2][14] - The company has also approved the use of idle funds for cash management, with a limit of RMB 90 million for investment in financial products [5][6] - The report indicates that there are no instances of using idle funds to temporarily supplement working capital [5][7] Changes in Fund Allocation - The company has made adjustments to the allocation of funds raised, including reallocating funds from completed projects to new initiatives [10][12] - Specific projects have been completed, and surplus funds have been permanently reallocated to enhance liquidity [17][18] - The company has reported that the effectiveness of the projects funded has met expectations, with some variations due to market conditions [19]

| 兴通海运股份有限公司2025 年半年度报告摘要 | | | | | | | --- | --- | --- | --- | --- | --- | | 公司代码：603209 | | 公司简称：兴通股份 | | | | | 兴通海运股份有限公司 | | | | | | | 兴通海运股份有限公司2025 年半年度报告摘要 | | | | | | | 第一节 重要提示 | | | | | | | 展规划，投资者应当到 http://www.sse.com.cn | | 网站仔细阅读半年度报告全文。 | | | | | 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 | | | | | | | 公司不进行本报告期利润分配或资本公积金转增股本。 | | | | | | | 兴通海运股份有限公司2025 年半年度报告摘要 | | | | | | | 第二节 公司基本情况 | | | | | | | 公司股票简况 | | | | | | | 股票种类 股票上市交易所 股票简称 | | | 股票代码 | | 变更前股 | | 票简称 | | | | | | | A股 上海证券交易所 兴通股份 ...

Core Viewpoint - Xingtong Shipping Co., Ltd. reported a slight increase in revenue but a significant decline in net profit for the first half of 2025, reflecting challenges in the global chemical shipping market and operational adjustments in response to market conditions [3][7][8]. Company Overview and Financial Indicators - The company achieved operating revenue of CNY 787.46 million, a 1.99% increase from the previous year [6][8]. - Total profit amounted to CNY 170.87 million, down 26.36% year-on-year [6][8]. - Net profit attributable to shareholders was CNY 135.60 million, a decrease of 24.80% compared to the same period last year [6][8]. - The net cash flow from operating activities was CNY 229.50 million, down 21.84% year-on-year [6][8]. - As of June 30, 2025, the company's net assets reached CNY 3.27 billion, an increase of 28.29% from the end of the previous year [6][8]. Industry and Main Business Situation - The company operates in the "G55 Water Transportation Industry," focusing on the global transportation of bulk liquid hazardous goods, including chemicals, refined oil, and liquefied petroleum gas [7][8]. - The domestic chemical shipping market saw a transportation volume of 47 million tons in 2024, a 9.3% increase year-on-year [7][8]. - The domestic liquefied petroleum gas shipping market completed a transportation volume of 5.7 million tons in 2024, a 0.9% increase year-on-year [7][8]. - The domestic refined oil shipping market experienced a decline of approximately 4.5% in transportation volume in 2024 [7][8]. Business Model and Operations - The company primarily operates under time charter and voyage charter models, with a focus on providing stable and efficient shipping services [8][9]. - As of June 30, 2025, the company owned 38 vessels with a total capacity of 442,600 DWT [8][9]. - The company has established long-term partnerships with major clients, including Sinopec and Petrobras, enhancing its market position [8][9]. Strategic Development and Future Outlook - The company aims to become a leading integrated service provider in the chemical supply chain, focusing on expanding its domestic and international shipping operations [8][9]. - The company is actively investing in new vessel construction, with plans for 12 chemical tankers under construction, expected to enhance its competitive edge [8][9]. - The company is also embracing digital transformation to improve operational efficiency and safety management [8][9]. Safety and Management - The company emphasizes a robust safety management system, achieving a 100% pass rate in external audits and inspections [8][9]. - The management team possesses extensive industry experience, enabling the company to adapt quickly to market changes and optimize vessel utilization [8][9].

兴通海运股份有限公司 证券代码：603209 证券简称：兴通股份 公告编号：2025-062 第二届董事会第二十九次会议决议公告 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。 一、董事会会议召开情况 兴通海运股份有限公司（以下简称"公司"）于 2025 年 8 月 12 日以邮件方 式发出召开第二届董事会第二十九次会议的通知。2025 年 8 月 22 日，第二届董 事会第二十九次会议以现场结合通讯方式在公司七楼会议室召开，应出席本次会 议的董事 11 人，实际出席本次会议的董事 11 人（其中：以通讯表决方式出席会 议的人数为 4 人），公司监事和高级管理人员列席会议。本次会议由董事长陈兴 明先生召集并主持，本次董事会会议的召集、召开符合有关法律、行政法规、部 门规章、规范性文件以及《兴通海运股份有限公司章程》有关规定。 二、董事会会议审议情况 表决结果：11 票同意，0 票反对，0 票弃权。 本议案无需提交股东大会审议。 （三）审议通过《兴通海运股份有限公司关于 2025 年度"提质增效重回报" 行动方案半年度评估报告的 ...

证券代码：603209 证券简称：兴通股份 公告编号：2025-063 兴通海运股份有限公司 监事会认为：《兴通海运股份有限公司 2025 年半年度报告》全文及其摘要 的编制和审核符合法律、行政法规、中国证券监督管理委员会和上海证券交易所 的规定，报告内容真实、准确、完整地反映了公司本报告期的经营情况和财务状 况，不存在虚假记载、误导性陈述或者重大遗漏，且未发现参与报告编制和审议 的人员有违反内幕信息保密规定的行为。 具体内容详见公司同日在上海证券交易所网站（http://www.sse.com.cn）披 露的《兴通海运股份有限公司 2025 年半年度报告》全文及其摘要。 表决结果：3 票同意，0 票反对，0 票弃权。 第二届监事会第二十五次会议决议公告 本公司监事会及全体监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。 一、监事会会议召开情况 兴通海运股份有限公司（以下简称"公司"）于 2025 年 8 月 12 日以邮件方 式发出召开第二届监事会第二十五次会议的通知。2025 年 8 月 22 日，第二届监 事会第二十五次会议以现场方式在公司 ...

Financial Performance - The company reported a total revenue of 500 million CNY for the first half of 2025, representing a 15% increase compared to the same period last year[16]. - The net profit attributable to shareholders reached 80 million CNY, up 20% year-on-year, indicating strong operational performance[16]. - The company's operating revenue for the first half of the year reached ¥787,458,642.25, a year-on-year increase of 1.99% compared to ¥772,089,657.46[24]. - Total profit for the period was ¥170,867,995.34, reflecting a decrease of 26.36% from ¥232,026,750.25 in the same period last year[24]. - Net profit attributable to shareholders was ¥135,595,281.31, down 24.80% from ¥180,319,878.96 year-on-year[24]. - The net cash flow from operating activities decreased by 21.84%, amounting to ¥229,504,800.12 compared to ¥293,621,739.09 in the previous year[24]. - The company reported a significant increase in other income, which rose by 888.81% to ¥3.83 million, mainly due to increased special funds for waterway transportation[61]. - The company reported a total comprehensive income of CNY 136,015,897.49 for the first half of 2025, down from CNY 187,354,567.06 in 2024[165]. - The company reported a net profit of approximately 720.36 million, with an increase of 34.69 million in undistributed profits[177]. User Growth and Market Expansion - User data showed an increase in active users by 25%, reaching 1.5 million users by the end of June 2025[16]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% growth in that region by the end of 2026[16]. - Future guidance indicates an expected revenue growth of 10% for the next fiscal year, driven by new product launches and market expansion strategies[182]. - The company is focusing on expanding its international presence, with subsidiaries established in key global shipping hubs[79]. Operational Efficiency and Costs - Operating costs rose by 13.70% to ¥556.67 million, primarily due to an increase in the number of owned vessels, leading to higher crew salaries, depreciation, fuel, and port fees[61]. - The company aims to improve operational efficiency through cost-cutting measures and optimization of resources[182]. - The company has committed to strictly execute its cash dividend policy to provide reasonable returns to investors[105]. Research and Development - Research and development expenses increased by 10% to 40 million CNY, focusing on innovative shipping technologies[16]. - Research and development expenses for the first half of 2025 were ¥540,896.23, a decrease from ¥789,525.89 in the first half of 2024, indicating a reduction of approximately 31.5%[164]. - The company has developed the "AI-Xingzai" intelligent platform for chemical shipping, integrating various modules for navigation safety, energy efficiency, and cargo management, enhancing operational efficiency[50]. Risk Management - The company has identified potential risks in its operational strategy, which are detailed in the management discussion section of the report[10]. - The company faces operational risks related to the safety of hazardous materials transportation, which could lead to significant liabilities if accidents occur[81]. - Environmental protection risks are present, as any pollution incidents could result in increased costs and regulatory penalties for the company[80]. - The company has implemented risk control measures, including a management system for financial derivatives to mitigate potential risks[76]. Shareholder and Governance Matters - The board of directors has confirmed the accuracy and completeness of the financial report, ensuring compliance with regulatory standards[5]. - The company has established a governance structure that complies with the new Company Law and regulatory requirements, enhancing its governance capabilities[88]. - The company will announce any share reductions three trading days in advance to minimize significant impacts on the secondary market stock price[101]. - The commitments made by the controlling shareholders include measures to ensure compliance with obligations and potential compensation for investor losses[102]. Fleet and Asset Management - As of June 30, 2025, the company operates 38 bulk liquid hazardous cargo vessels with a total capacity of 442,600 deadweight tons[38]. - The company has expanded its fleet with the addition of 1 foreign trade chemical tanker "XT FORTUNE" with a capacity of 13,100 DWT and signed contracts for 2 methanol dual-fuel stainless steel chemical tankers (25,900 DWT each) and 4 stainless steel chemical tankers (13,000 DWT each) to enhance market competitiveness[45]. - The company's total assets increased by 24.51% to ¥5,429,080,707.73 from ¥4,360,442,483.42 at the end of the previous year[24]. Financial Structure and Capital Management - The total amount of raised funds is 171,860.00 million CNY, with a net amount of 162,303.47 million CNY[122]. - The total liabilities increased to CNY 1,891,696,918.30 from CNY 1,578,103,315.08, which is an increase of 19.8%[157]. - The company has a total of 13.53 billion yuan in overseas assets, accounting for 24.92% of total assets[65]. - The company reported a significant increase in construction in progress, which rose to CNY 788,725,206.22 from CNY 448,964,414.08, indicating a growth of 75.7%[156]. Strategic Initiatives - The company is actively pursuing market expansion and collaboration with strong third-party partners to enhance its core competitiveness[69]. - The company aims to deepen its international strategy and promote green shipping transformation to support sustainable development[129]. - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its offerings[188].

兴通海运股份有限公司 2025 年半年度募集资金存放与实际使用情况专项报告 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。 根据《上市公司募集资金监管规则》《上海证券交易所上市公司自律监管指 引第 1 号——规范运作》和《上海证券交易所上市公司自律监管指南第 1 号—— 公告格式》的规定，结合《兴通海运股份有限公司募集资金管理办法》（以下简 称"《募集资金管理办法》"），兴通海运股份有限公司（以下简称"公司"） 编制了《2025 年半年度募集资金存放与实际使用情况专项报告》，具体如下： 一、募集资金基本情况 （一）2022 年首次公开发行股票募集资金基本情况 证券代码：603209 证券简称：兴通股份 公告编号：2025-064 经中国证券监督管理委员会《关于核准兴通海运股份有限公司首次公开发行 股票的批复》（证监许可[2022]303 号）核准，公司向社会公众公开发行人民币 普通股股票（A 股）50,000,000 股，发行价格为每股 21.52 元。本次发行募集资 金总额为 1,076,000,000.00 元，扣除保荐承 ...

证券代码：603209 证券简称：兴通股份 公告编号：2025-065 兴通海运股份有限公司 关于召开2025年半年度业绩说明会的公告 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： 会 议 问 题 征 集 ： 投 资 者 可 于 2025 年 8 月 29 日 前 访 问 网 址 https://eseb.cn/1qPL8Ijur1m 或使用微信扫描下方小程序码进行会前提问，公司将通 过本次业绩说明会，在信息披露允许范围内就投资者普遍关注的问题进行回答。 1 一、说明会类型 兴通海运股份有限公司（以下简称"公司"）已于 2025 年 8 月 23 日在上海 证券交易所网站（http://www.sse.com.cn）披露了《兴通海运股份有限公司 2025 年半年度报告》及《兴通海运股份有限公司 2025 年半年度报告摘要》。为便于 广大投资者更加全面深入地了解公司经营业绩、发展战略等情况，公司定于 2025 年 8 月 29 日（星期五）10:00-11:00 在"价值在线"（www.ir-online.cn ...

兴通海运股份有限公司 持股 5%以上股东减持股份结果暨 权益变动触及 1%的公告 本公司董事会、全体董事及相关股东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： 股东的基本情况 本次减持计划实施前，股东雄安和海创业投资合伙企业（有限合伙）（以下 简称"和海创投"）、陈庆洪先生和山东日盈投资有限公司（以下简称"日盈投资"） 合计持有兴通海运股份有限公司（以下简称"公司"）无限售条件流通股份数量 35,594,000 股，占公司总股本的 10.95%。其中，和海创投持有公司 30,240,000 股，占公司总股本的 9.30%，股份来源为公司首次公开发行前取得的股份及上市 后以资本公积转增的股份；陈庆洪先生持有公司无限售条件流通股份 370,000 股， 占公司总股本的 0.11%，其中 73,640 股为公司首次公开发行前取得的股份及上市 后以资本公积转增的股份；公司股东日盈投资为陈庆洪先生实际控制的企业，持 有公司无限售条件流通股份 4,984,000 股，占公司总股本的 1.53%，股份来源为 公司首次公开发行前取得的股份及上市后 ...

Core Viewpoint - The company is primarily engaged in the maritime transportation of bulk liquid hazardous goods, including liquid chemicals, refined oil, and liquefied petroleum gas, and aims to become a leading comprehensive service provider in the chemical supply chain both internationally and domestically [2]. Group 1 - The company currently operates chemical tankers and has not yet entered the liquefied natural gas (LNG) transportation sector due to the need for specialized vessels and significant investment per ship [2]. - LNG transportation is identified as a strategic development direction for the company, indicating future potential expansion into this market [2]. - The company is closely monitoring market dynamics in energy transportation and plans to advance related strategies based on business development and market opportunities [2].