登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603565 证券简称：中谷物流 公告编号：2025-037 上海中谷物流股份有限公司关于持股5%以上股东权益变动触及1%刻度的提示性公告 投资者及其一致行动人保证向本公司提供的信息真实、准确、完整，没有虚假记载、误导性陈述或重大 遗漏。 本公司董事会及全体董事保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： 一、信息披露义务人及其一致行动人的基本信息 ■ 1.身份类别 三、其他说明 1、本次权益变动为信息披露义务人履行此前披露的减持计划，不触及要约收购。本次权益变动与信息 披露义务人此前已披露的计划、承诺一致。截至本公告披露之日，信息披露义务人本次减持计划尚未执 行完毕。 2、本次权益变动不会导致公司控股股东及实际控制人发生变化。 2.信息披露义务人信息 ■ 3.一致行动人信息 ■ 二、权益变动触及1%刻度的基本情况 上海中谷物流股份有限公司（以下简称"公司"）收到股东宁波谷洋投资管理合伙企业（有限合伙）（以 下简称"谷洋投资"）出具的《关于股份减持进展的告知函》，谷洋投资于2025年12月5日通过上海证券 交易所系统以大宗交易方式减持 ...

两融数据显示，该股最新融资余额为1.87亿元，近5日减少850.11万元，降幅为4.34%。 机构评级来看，近5日共有1家机构给予该股评级，预计目标价最高的是西部证券，12月4日西部证券发 布的研报预计公司目标价为13.03元。 据天眼查APP显示，上海中谷物流股份有限公司成立于2010年03月05日，注册资本210006.3103万人民 币。（数据宝） 中谷物流12月5日大宗交易平台共发生11笔成交，合计成交量4200.13万股，成交金额4.13亿元。成交价 格均为9.83元，相对今日收盘价折价7.87%。从参与大宗交易营业部来看，机构专用席位共出现在3笔成 交的买方或卖方营业部中，合计成交金额为1.67亿元，净买入1.67亿元。 证券时报·数据宝统计显示，中谷物流今日收盘价为10.67元，下跌0.19%，日换手率为0.53%，成交额为 1.19亿元，全天主力资金净流出311.40万元，近5日该股累计上涨4.00%，近5日资金合计净流出8.32万 元。 | 成交量 | 成交金 | 成交价 | 相对当日收 | | | | --- | --- | --- | --- | --- | --- | | （万 | 额 ...

格隆汇12月5日丨中谷物流(603565.SH)公布，公司收到股东宁波谷洋投资管理合伙企业（有限合伙）出 具的《关于股份减持进展的告知函》，谷洋投资于2025年12月5日通过上海证券交易所系统以大宗交易 方式减持公司股份4200.13万股，占公司总股本的2%，信息披露义务人及其一致行动人持股比例从 62.02%减少至60.02%，其权益触及1%整数倍。 ...

证券代码：603565 证券简称：中谷物流 公告编号：2025-037 上海中谷物流股份有限公司 关于持股 5%以上股东权益变动触及 1%刻度的提示性 公告 投资者及其一致行动人保证向本公司提供的信息真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 本公司董事会及全体董事保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： | 权益变动方向 | 比例增加□ | | 比例减少√ | | --- | --- | --- | --- | | 权益变动前合计比例 | 62.02% | | | | 权益变动后合计比例 | 60.02% | | | | 本次变动是否违反已作出的承 | 是□ | 否√ | | | 诺、意向、计划 | | | | | 是否触发强制要约收购义务 | 是□ | 否√ | | 一、 信息披露义务人及其一致行动人的基本信息 1.身份类别 | | √控股股东/实际控制人及其一致行动人 | | --- | --- | | | □其他 5%以上大股东及其一致行动人 | | 投资者及其一致行动人的身份 | □合并口径第一大股东及其一致行动人（仅适用 | | | 于无控股股东、实际控制人） | ...

中谷物流公告称，2025年12月5日，股东宁波谷洋投资管理合伙企业（有限合伙）以大宗交易方式减持 公司股份4200.13万股，占总股本2%。信息披露义务人及其一致行动人持股比例从62.02%降至60.02%， 权益变动触及1%整数倍。本次变动是履行减持计划，不触及要约收购，与此前计划、承诺一致，减持 计划尚未执行完毕，也不会导致控股股东及实控人变化。 ...

Group 1: Market Overview - The Hong Kong high dividend index has a dividend yield of 5.63%, significantly higher than the average yield of 2.96% from 10-year Chinese and U.S. government bonds, indicating strong investment value[11] - The Hong Kong dividend sector is approximately 5-6% cheaper than the overall A-share market after considering a 20% dividend tax[12] - From October 2 to December 1, the high dividend index outperformed the market, with the Hang Seng Hong Kong Stock Connect China Central Enterprise Dividend Index rising by 7.62%[3] Group 2: Sector Analysis - The banking sector is expected to enter a stable profit cycle, with a potential reversal of the downward trend in interest margins by 2026[4] - In the transportation sector, the road freight volume growth improved quarter-on-quarter in Q3 2025, with key companies like Sichuan Chengyu H, Zhejiang Hu-Hangzhou-Ningbo, and Ninghu Expressway showing promise[3] - Coal companies like China Shenhua and China Coal Energy are projected to have dividend yields of 4.7% and 4.44%, respectively, with Yancoal Australia potentially improving its yield to 7.65%[4] Group 3: Investment Recommendations - The utility sector is benefiting from cost reductions and expected capacity price increases in 2026, with Huaneng International Power and China Resources Power forecasted to have dividend yields of 6.65% and 5.73%[4] - Real estate companies such as Hang Lung Properties, Swire Properties, and Kerry Properties are projected to yield 7.20%, 5.99%, and 6.53%, respectively, due to the recovery of the Hong Kong economy[4] - Environmental companies like China Everbright Water are expected to have a dividend yield of 8.14%, highlighting opportunities in the sector[4]

Core Conclusion - The report concludes that Zhonggu Logistics (603565.SH) has a leading advantage in profitability and capacity, initiating coverage with a "Buy" rating [3]. Industry Overview - The domestic trade is at an upward demand turning point, supported by RCEP for long-term foreign trade shipping rates [3][4]. - The company is positioned as a leader in domestic trade shipping, holding the top profitability scale in the industry from 2021 to 2025, with a competitive fleet size [3][4]. Financial Projections - Expected EPS for 2025-2027 are projected at 0.93, 0.97, and 1.00 CNY per share, with corresponding PE ratios of 11.38, 10.91, and 10.58 times [3]. - The absolute valuation method estimates the company's per-share value at 14.00 CNY, while the relative valuation method gives a per-share value of 12.07 CNY, leading to a target price of 13.03 CNY [3]. Business Model - Zhonggu Logistics primarily provides container logistics services and is one of the earliest companies in China to specialize in domestic coastal container transportation [4]. - The company has expanded into foreign trade container shipping, launching several near-sea routes and leasing some vessels to enhance its foreign trade operations [4]. Market Dynamics - The government is encouraging consumption to expand domestic demand, with expectations for improvement in 2025 [4]. - The Shanghai Shipping Research Center predicts a 5% growth in domestic container transport capacity supply in 2025, which is lower than the expected demand growth [4]. - Current foreign trade shipping rates are at a low point in a long cycle, with short-term fluctuations expected; however, RCEP's signing is anticipated to support long-term foreign trade fundamentals [4]. Competitive Advantage - The company possesses a significant competitive advantage in fleet size and continues to enhance its own capacity [4]. - Zhonggu Logistics maintains a high dividend payout ratio, reflecting its commitment to sharing benefits with shareholders [4].

Core Viewpoint - The report from Western Securities indicates that domestic trade is at an upward demand turning point, and RCEP supports long-term freight rates for foreign trade shipping. Zhonggu Logistics, as a leader in domestic shipping, holds the advantage of the largest profit scale in the industry from 2021 to 2025, with a leading fleet size and continuous high dividends providing investment value [1] Company Overview - Zhonggu Logistics primarily provides container logistics services and is one of the earliest companies in China to specialize in domestic coastal container transportation. It ranks second in revenue and first in profit scale within the industry [1] Industry Analysis - In the foreign trade container shipping sector, Zhonggu Logistics has opened multiple near-sea routes and has leased some vessels to cultivate foreign trade routes, effectively integrating the domestic and foreign trade transportation supply chain, which strongly complements its domestic container logistics business [1] - The domestic trade is experiencing an upward demand turning point, while foreign trade shipping rates may face short-term fluctuations. However, the signing of RCEP is expected to support long-term freight rates [1] Investment Recommendation - The report concludes that Zhonggu Logistics has a leading advantage in profitability and capacity scale, initiating coverage with a "Buy" rating [1]

Core Viewpoint - The analysis highlights a mixed outlook for the transportation and logistics sectors, with short-term adjustments in stock prices but long-term optimism driven by demand catalysts and industry recovery [2][3][4]. Shipping Industry - Dry bulk shipping stocks have experienced a rapid price correction after a previous surge, primarily influenced by the implementation of the 301 Act and a cooling sentiment in the Fujian region [2]. - The shipping industry is expected to benefit from three demand catalysts: the commissioning of the West Mangdu project altering iron ore shipping dynamics, potential Fed rate cuts boosting commodity demand, and post-war reconstruction in Ukraine increasing bulk shipping needs [2]. - The BDI index increased by 7.1% to 2,275 points, driven by the release of iron ore cargoes in December [3][7]. Passenger Transport - Domestic passenger traffic showed a 5% year-on-year increase, while international passenger traffic rose by 17% [2]. - The average domestic passenger load factor improved by 2.0 percentage points, and international load factor increased by 3.5 percentage points [2]. - The outlook for the passenger transport sector remains positive, with expectations of revenue improvement as demand gradually recovers [2][7]. Logistics Sector - The volume of postal express deliveries rose by 8.9% year-on-year, reaching 4.42 billion pieces [4]. - Air freight prices have shown a positive year-on-year change, with indices reflecting increases of 3.6% to 4.2% [4][8]. - The logistics sector is expected to benefit from improved export expectations and a focus on absolute return opportunities, particularly for companies like SF Express and China Foreign Trade [4][8]. Highway Tolling - The pricing of highway tolls is influenced by local government decisions, with recent increases driven by construction costs and regional debt pressures [5][6]. - Despite the push for toll increases in some regions, the overall trend may lean towards maintaining or reducing tolls to attract freight traffic, complicating large-scale toll hikes nationwide [6].

Core Viewpoint - The A-share market has seen a strong performance in the port and shipping sector, with notable gains in stocks such as China Merchants Energy Shipping and COSCO Shipping Energy, driven by a significant increase in the Baltic Dry Index [1] Group 1: Market Performance - China Merchants Energy Shipping reached its historical high, hitting the daily limit up [1] - COSCO Shipping Energy rose over 5%, while COSCO Shipping Specialized Carriers increased by 4% [1] - China Merchants South Oil saw an increase of over 3% [1] Group 2: Baltic Dry Index - The Baltic Dry Index rose by 80 points or 3.2% to 2560 points, marking the highest level since December 2023 [1] - This increase represents the 12th consecutive day of growth, with a weekly increase of 12.5% [1] Group 3: Individual Stock Performance - China Merchants Energy Shipping (601872) had a daily increase of 8.74% and a total market capitalization of 77.4 billion [2] - COSCO Shipping Energy (600026) increased by 5.88% with a market cap of 69.9 billion [2] - COSCO Shipping Specialized Carriers (600428) rose by 4.03%, valued at 19.8 billion [2] - China Merchants South Oil (601975) saw a 3.21% increase, with a market cap of 15.5 billion [2]