Group 1 - The board meeting of Beijing Changjiu Logistics Co., Ltd. was held on August 26, 2025, with all 7 board members present, confirming the meeting's legality and validity [1] - The resolutions passed during the meeting received unanimous support, with 7 votes in favor and no votes against or abstentions [1] - The resolutions included the approval of the company's semi-annual report for 2025, which was also reviewed by the board's audit committee [1]

每经头条（nbdtoutiao）——能给主人"打电话"的宠物智能手机也来了！宠物产业3000亿元市场大爆 发，行业上市公司"涨"声一片 （记者 谭玉涵） 每经AI快讯，长久物流（SH 603569，收盘价：8.82元）8月26日晚间发布公告称，公司第五届第十三次 董事会会议于2025年8月26日以现场表决方式召开。会议审议了《关于2025年半年度报告及其摘要的议 案》等文件。 2024年1至12月份，长久物流的营业收入构成为：物流运输占比99.47%，其他业务占比0.53%。 截至发稿，长久物流市值为53亿元。 ...

北京长久物流股份有限公司2025 年半年度报告 公司代码：603569 公司简称：长久物流 北京长久物流股份有限公司 2025 年半年度报告 1 / 180 北京长久物流股份有限公司2025 年半年度报告 重要提示 本半年度报告内容涉及的未来计划、规划等前瞻性陈述，因存在不确定性，不构成公司对投 资者的实质承诺，请投资者注意投资风险。 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、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。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人薄世久、主管会计工作负责人靳婷及会计机构负责人（会计主管人员）靳婷声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 ...

北京长久物流股份有限公司 关于开展金融衍生品交易的可行性分析报告 为规避和防范外汇汇率波动带来的不利影响，北京长久物流股份有限公司 （以下简称"公司"）及合并范围内子公司拟继续开展金融衍生品交易业务，现 将可行性分析说明如下： 一、公司开展金融衍生品交易的背景 随着公司国际业务规模的不断扩大，汇率波动对公司经营业绩的影响也日益 显著。为了降低外汇市场的风险，减少汇率波动对公司利润的影响，实现稳健经 营，公司及合并报表范围内子公司拟适时开展金融衍生品交易，利用外汇衍生交 易的套期保值功能规避汇率风险。公司的金融衍生品交易以正常生产经营为基础， 以规避和防范汇率风险为目的，不进行单纯以盈利为目的的投机和套利交易。 二、开展金融衍生品交易业务的基本情况 （一）交易目的 公司持续开拓国际业务，所需外汇结算量逐渐增加，面临的外汇风险增大。 公司需固化汇率，降低汇率波动对经营业绩的影响。 因国际形势变动等不确定性事件影响，可能会导致全球汇率波动幅度加大， 对公司利润产生较大影响，为降低外汇风险敞口，拟开展金融衍生品交易，丰富 公司外汇风险管理工具。 本次交易以生产经营为基础，以套期保值为目的，不进行单纯以盈利为目的 的投 ...

格隆汇8月26日丨长久物流(603569.SH)公布2025年半年度报告，报告期实现营业收入23.26亿元，同比增 长27.54%；归属于上市公司股东的净利润1016.88万元，同比下降80.66%；归属于上市公司股东的扣除 非经常性损益的净利润915.52万元，同比下降82.79%；基本每股收益0.02元。 ...

股票代码：603569 股票简称：长久物流 公告编号：2025-044 北京长久物流股份有限公司 关于开展金融衍生产品交易的公告 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个别及连带责任。 重要内容提示： 为减少汇率波动对公司经营效益的影响，公司拟与国内资信较好的商业银行 交易目的、交易品种、交易工具、交易场所和交易金额：北京长久物流 股份有限公司（以下简称"公司"）及合并报表范围内子公司存在国际 业务，为了降低外汇市场的风险，减少汇率波动对公司利润的影响，稳 健经营，拟与国内资信较好的商业银行等金融机构开展金融衍生产品交 易，包括但不限于远期结售汇、外汇掉期、外汇期权、利率掉期、利率 期权、利率互换、货币互换、货币掉期及上述组合等金融衍生产品。拟 开展的金融衍生品交易业务金额为授权期限内任一时点的交易金额（含 前述交易的收益进行再交易的相关金额）不超过人民币3亿元（含等值 外币金额），预计动用的交易保证金和权利金上限不超过人民币3,500 万元（含等值外币金额）。授权期限为董事会审议通过之日起不超过12 个月。上述额度内资金在授权 ...

Core Viewpoint - The implementation of strict transportation regulations and the trend of "anti-involution" among manufacturers are expected to benefit compliant logistics capacity in the automotive transportation sector, promoting a shift towards "road-to-rail," "road-to-water," and multimodal transport [1][2] Group 1: Regulatory Changes - The Ministry of Transport, Ministry of Public Security, and Ministry of Industry and Information Technology jointly issued a special governance action plan for vehicle transport, focusing on stricter market access, enhanced loading supervision, and increased enforcement [2] - The enforcement of these regulations is expected to be more rigorous compared to previous measures from 2016-2018, with severe penalties for non-compliant companies [2] Group 2: Market Dynamics - The automotive transportation industry is transitioning from price competition to high-quality development, with compliant companies likely to gain greater market share and pricing power [2] - The traditional peak season for automotive production and sales from September to December will see increased acceptance of rising transportation prices due to heightened supply demands [2] Group 3: Impact on Logistics Structure - The current logistics structure for vehicle transportation is predominantly road-based, with projections for 2024 showing road transport at 61.5%, rail at 27.4%, and roll-on/roll-off at 11.1% [3] - The strict enforcement of transportation regulations is expected to increase traditional road transport costs, driving a shift towards rail and water transport, thereby optimizing the logistics model [3]

Core Viewpoint - The recent completion of the distributed photovoltaic project at Changjiu Logistics' Beijing headquarters marks a significant step towards promoting green office practices and achieving low-carbon goals, contributing to the national "dual carbon" objectives and sustainable social development [1] Group 1: Project Details - The total installed capacity of the photovoltaic project is 661.7 KW [1] - The project is expected to generate an average annual electricity output of approximately 700,000 kWh [1] - It is projected to save 225 tons of standard coal annually and reduce carbon dioxide emissions by 698 tons [1] Group 2: Environmental Impact - The environmental benefits of the project are equivalent to planting 32,000 trees [1] - The project significantly enhances the company's environmental efficiency [1] Group 3: Future Commitment - Changjiu Logistics plans to continue supporting the national "dual carbon" goals and promote sustainable development in society [1]

Investment Rating - The report rates the logistics industry as "Overweight" indicating a positive outlook compared to the overall market performance [4][9]. Core Insights - The recent joint action plan by the Ministry of Transport, Ministry of Public Security, and Ministry of Industry and Information Technology aims to strictly regulate the vehicle transportation sector, focusing on market entry management, loading supervision, road enforcement, and penalties for violations [3]. - The enforcement of the new regulations is expected to accelerate the elimination of non-compliant logistics companies, benefiting compliant firms by increasing their market share and pricing power [4]. - Historical data shows that similar regulatory measures from 2016 to 2018 led to a significant increase in logistics prices, with average transportation rates rising by 27% from 2015 to 2018 [4]. Summary by Sections Regulatory Changes - The new regulations will be implemented in four phases over six months, with a focus on addressing issues related to overloading in vehicle transportation [3]. - Specific compliance requirements for vehicle loading have been established, including strict limits on the number of vehicles and dimensions for different types of transport vehicles [4]. Market Dynamics - The supply-side contraction due to stricter regulations is expected to reshape the industry landscape, leading to the elimination of smaller, non-compliant logistics firms [4]. - The peak season for vehicle production and sales from September to December will likely see increased acceptance of higher transportation rates due to supply constraints and heightened demand [4]. Investment Recommendations - The report suggests that compliant logistics firms, particularly those with sufficient capacity, are likely to benefit from the regulatory changes and the shift towards higher-quality logistics services [4]. - Companies such as Changjiu Logistics, China Railway Special Cargo, and Sanyangma are highlighted as potential investment opportunities due to their strong positioning in the compliant logistics market [4].

Core Viewpoint - Longjiu Logistics has successfully connected its distributed photovoltaic project at its Beijing headquarters to the grid, marking a significant step towards promoting green office practices and low-carbon initiatives [1] Company Summary - The total installed capacity of the photovoltaic project is 661.7 KW, with an expected annual power generation of approximately 700,000 kWh [1] - The project is projected to save 225 tons of standard coal annually and reduce carbon dioxide emissions by 698 tons, equivalent to planting 32,000 trees [1] - Longjiu Logistics aims to actively support the national "dual carbon" goals and contribute to sustainable social development in the future [1]