2025年1至6月份，密尔克卫的营业收入构成为：物流占比51.39%，交易占比48.08%，其他业务占比 0.53%。 截至发稿，密尔克卫市值为94亿元。 每经头条（nbdtoutiao）——中国创新药，今年海外授权已卖出800亿美元！对话创东方投资合伙人卢 刚：生物医药二级市场火热，一级市场为何募资遇冷？ （记者 王可然） 每经AI快讯，密尔克卫（SH 603713，收盘价：59.66元）10月24日晚间发布关于为控股子公司提供担保 的公告。公告称，截至本公告披露日，公司及其子公司对外担保余额为人民币约45.47亿元，占公司最 近一期经审计的归属于上市公司股东净资产的比例为105.3%。 ...

| 证券代码：603713 | 证券简称：密尔克卫 | 公告编号：2025-088 | | --- | --- | --- | | 转债代码：113658 | 转债简称：密卫转债 | | 密尔克卫智能供应链服务集团股份有限公司 关于为控股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 （二）内部决策程序 | 上海密尔克卫化工物流有限公司（以下 | 被担保人名称 | 简称"密尔克卫化工物流"） | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 本次担保金额 | 万元 | 担 | 保 | 对 | 5,000.00 | 象 | 实际为其提供的担保余额 | 万元 | 290,197.47 | | 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 ...

密尔克卫公告称，公司与大丰银行上海分行签订合同，为全资子公司密尔克卫化工物流提供5000万元担 保，承担连带保证责任。本次担保在公司股东会批准额度内。截至公告日，公司及其子公司对外担保余 额45.47亿元，占最近一期经审计净资产的105.30%，无逾期担保。密尔克卫化工物流2025年上半年营收 24.86亿元，净利润8435.42万元。 ...

天眼查App显示，近日，宁波密尔克卫智能供应链服务有限公司成立，法定代表人为江震，注册资本 500万人民币，经营范围包括普通货物仓储服务、集装箱销售、陆路国际货物运输代理等。 天眼查App显示，近日，宁波密尔克卫智能供应链服务有限公司成立，法定代表人为江震，注册资本 500万人民币，经营范围包括普通货物仓储服务、集装箱销售、陆路国际货物运输代理等。股东信息显 示，该公司由密尔克卫（603713）全资持股。 ...

天眼查App显示，近日，宁波密尔克卫智能供应链服务有限公司成立，法定代表人为江震，注册资本500万人民币，经营范围包括普通货物仓储服务、集装 箱销售、陆路国际货物运输代理等。股东信息显示，该公司由密尔克卫（603713）全资持股。 | | 曼公司 都在用的商业查询工具 | 查老板 查风险 查关系 | | | | | --- | --- | --- | --- | --- | --- | | | 家中小企业发展子基金旗下机构 | 宁波密尔克卫智能供应链服务有限公司 | × 天眼一下 | 部应用 · | 商务合作 企业级产 | | 基本信息 5 | 法律诉讼 | 经营风险 | 经营信息 | 公司发展 | 知识厂 | | 工商信息 ● | | | | | | | 工商信息 历史工商信息0 | | | | | | | 企业名称 | 宁波密尔克卫智能供应链服务有限公司 | | | | | | 法定代表人 | T 江震 | 登记状态 2 | 存续 | | 天眼评分 2 | | | | 成立日期 | 2025-10-21 | | | | 统一社会信用代码 2 | 91330206MAG1FBTB3R | 注册资本 2 | ...

Investment Rating - The investment rating for the transportation industry is "Positive" (maintained) [3] Core Views - The express logistics sector is experiencing resilient demand, with a "de-involution" trend driving up express prices, enhancing corporate profitability. The long-term outlook for e-commerce express logistics is positive due to healthy competition [3][13] - The shipping sector is expected to benefit from the OPEC+ production increase and the Federal Reserve's interest rate cuts, with a notable improvement in VLCC freight rates anticipated in Q4 2025 [13] - The aviation industry is seeing stable demand growth, with supply chain issues leading to increased costs for airlines. The overall passenger demand is projected to grow by 10.4% in 2024, outpacing capacity growth [9][14] Summary by Sections Express Logistics - In September 2025, major express companies reported improved performance, with YTO, Shentong, and Yunda achieving business volumes of 2.627 billion, 2.187 billion, and 2.110 billion pieces, respectively, representing year-on-year growth of 13.64%, 9.46%, and 3.63% [3][27] - The average revenue per piece for these companies also saw increases, indicating a trend of rising prices in the express delivery sector [3][27] Shipping and Ports - The implementation of new port fees between China and the US is expected to create a dual market structure, granting strategic pricing power to compliant shipping capacities [5] - China has secured pricing power for iron ore, marking a significant shift in global commodity trade dynamics [6] - The Shanghai Container Freight Index (SCFI) rose by 12.9% week-on-week, indicating a positive trend in shipping rates [7] Aviation - The International Air Transport Association (IATA) reported that supply chain bottlenecks are delaying aircraft production, leading to increased costs for airlines, estimated to exceed $11 billion in 2025 [9] - Chinese airlines collectively oppose the US Department of Transportation's proposed flight restrictions, highlighting concerns over operational impacts [10] Road and Rail - National logistics operations were reported to be running smoothly, with significant increases in highway freight traffic [12] - The National Development and Reform Commission plans to enhance electric vehicle charging infrastructure along highways by 2027 [12] Overall Market Performance - From October 13 to October 17, 2025, the transportation sector index increased by 0.73%, outperforming the Shanghai Composite Index, which fell by 1.47% [18]

Market Overview - The logistics sector increased by 1.01% on October 20, with Yuan Da Holdings leading the gains [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Top Gainers in Logistics Sector - Yuan Da Holdings (000626) closed at 10.74, up 10.04%, with a trading volume of 939,300 shares and a transaction value of 956 million [1] - Yongtai Transportation (001228) closed at 26.18, up 10.00%, with a trading volume of 75,600 shares and a transaction value of 193 million [1] - Jiacheng International (603535) closed at 11.20, up 5.36%, with a trading volume of 121,100 shares and a transaction value of 134 million [1] Market Capital Flow - The logistics sector experienced a net outflow of 60.56 million from institutional investors and a net outflow of 154 million from speculative funds, while retail investors saw a net inflow of 215 million [2] - The top stocks with significant capital inflow included Yuan Da Holdings with a net inflow of 65.54 million from institutional investors [3] Notable Decliners - Xiamen Xiangyu (600057) closed at 7.54, down 2.84%, with a trading volume of 238,500 shares and a transaction value of 181 million [2] - ST Yuanshang (603813) closed at 27.00, down 2.60%, with a trading volume of 20,200 shares and a transaction value of 54.69 million [2]

Core Viewpoint - The logistics sector experienced a decline of 1.6% on October 17, with major stocks like Huaguang Yuanhai leading the drop, while the Shanghai Composite Index fell by 1.95% and the Shenzhen Component Index decreased by 3.04% [1][2]. Group 1: Market Performance - The logistics sector's stocks showed mixed performance, with YD Holdings rising by 10.03% to close at 9.76, while Huami Yuanhai fell by 5.74% to 26.58 [1][2]. - The trading volume for YD Holdings was 542,900 shares, with a transaction value of 525 million yuan, indicating strong investor interest [1]. - The overall market saw significant declines, with the Shanghai Composite Index closing at 3839.76 and the Shenzhen Component Index at 12688.94 [1]. Group 2: Capital Flow - The logistics sector experienced a net outflow of 658 million yuan from institutional investors, while retail investors saw a net inflow of 471 million yuan [2][3]. - Notable stocks like Xiamen Guomao and Jianda Co. had varying net inflows and outflows, with Xiamen Guomao seeing a net inflow of 15.31 million yuan from institutional investors [3]. - The overall capital flow indicates a shift in investor sentiment, with retail investors showing more confidence compared to institutional investors [2][3].

Core Viewpoint - The company has obtained a significant invention patent that enhances its core technology and is expected to positively impact its operations and competitiveness in the industry [1][3]. Patent Information - The patent certificate number is 8216859, and it pertains to a method for identifying chemical safety technical specifications across various document formats [1]. - The patent was applied for on September 3, 2024, and the authorization announcement date is September 2, 2025 [1]. Impact on the Company - The acquisition of this patent reflects the company's commitment to technological innovation and is expected to improve operational efficiency and customer satisfaction [3]. - Continuous investment in technology and innovation is seen as a key factor in maintaining the company's long-term core competitiveness [3].

Core Points - Company Milkyway announced the acquisition of a patent for a chemical entity identification method, device, electronic equipment, and storage medium from the National Intellectual Property Administration of China [2] Group 1 - The patent is related to a method for identifying chemical entities, which may enhance the company's capabilities in chemical storage and management [2]