| 证券代码：603713 | 证券简称：密尔克卫 | 公告编号：2026-002 | | --- | --- | --- | | 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 股东未减持公司股份并提前终止减持计划的公告 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： 大股东持股的基本情况 在本次减持计划实施前，密尔克卫智能供应链服务集团股份有限公司（以下 简称"公司"、"密尔克卫"）实际控制人、控股股东陈银河先生持有公司股份 42,689,599 股，占公司当前总股本的 27.00%；公司实际控制人、股东李仁莉女士 持有公司股份 21,065,409 股，占公司当前总股本的 13.32%。 2025 年 9 月 26 日，公司披露了《密尔克卫智能供应链服务集团股份有限公 司股东减持股份计划公告》（公告编号：2025-084）。公司实际控制人、控股股东 陈银河先生计划通过大宗交易、集中竞价交易方式减持公司股份数量不超过 2,371,800 股，即减持不 ...

Market Overview - The logistics sector increased by 1.38% on January 6, with Milkyway leading the gains [1] - The Shanghai Composite Index closed at 4083.67, up by 1.5%, while the Shenzhen Component Index closed at 14022.55, up by 1.4% [1] Top Gainers in Logistics Sector - Milkyway (603713) closed at 60.59, up by 4.45% with a trading volume of 31,600 lots and a transaction value of 188 million [1] - Guanghui Logistics (600603) closed at 6.50, up by 3.17% with a trading volume of 205,800 lots and a transaction value of 133 million [1] - Furan De (605050) closed at 13.81, up by 3.14% with a trading volume of 124,600 lots and a transaction value of 172 million [1] Top Losers in Logistics Sector - Zhongchu Logistics (603967) closed at 13.57, down by 3.90% with a trading volume of 178,400 lots and a transaction value of 244 million [2] - Hongchuan Wisdom (002930) closed at 11.01, down by 1.78% with a trading volume of 119,400 lots and a transaction value of 132 million [2] - ST Haichin (600753) closed at 8.30, down by 1.54% with a trading volume of 35,200 lots and a transaction value of 29.47 million [2] Capital Flow in Logistics Sector - The logistics sector experienced a net outflow of 890,100 yuan from institutional investors, while retail investors saw a net inflow of 1.38 billion yuan [2][3] - Notable net inflows from retail investors were observed in companies like SF Holding (002352) with a net outflow of 73.1 million from institutional investors [3] Individual Stock Capital Flow - SF Holding (002352) had a net inflow of 1.32 million yuan from institutional investors, but a net outflow of 73.1 million from speculative funds [3] - Donghang Logistics (601156) saw a net inflow of 14.28 million yuan from institutional investors [3] - Wanlin Logistics (603117) had a significant net inflow of 10.41 million yuan from institutional investors [3]

证券日报网讯 1月5日，密尔克卫在互动平台回答投资者提问时表示，公司为合并报表范围内的子公司 提供担保，是为了提高资金使用效率，满足子公司经营发展需要。二级市场股价受到宏观经济、市场环 境等诸多因素影响，具有不确定性。公司会继续扎实做好经营管理，不断提升综合实力，争取以业绩回 报投资者。公司将结合发展实际和资本市场情况，选择适合的方式进行利润分配。 （编辑 丛可心） ...

证券日报网讯 1月5日，密尔克卫在互动平台回答投资者提问时表示，大股东减持系自身资金需要。二 级市场的股价表现受到多种因素影响，公司会继续扎实做好经营管理，不断提升综合实力，争取以业绩 回报投资者。 （文章来源：证券日报） ...

Core Viewpoint - The announcement details the status of the convertible bonds issued by the company, including the amount of bonds that have not been converted and the adjustments to the conversion price due to stock changes. Group 1: Convertible Bond Status - As of December 31, 2025, the amount of unconverted "Miwei Convertible Bonds" is 872,265,000 yuan, accounting for 99.99% of the total issuance [2] - From October 1, 2025, to December 31, 2025, the conversion amount for "Miwei Convertible Bonds" is 1,000 yuan, resulting in the issuance of 17 shares, which represents 0.00001% of the total share capital before conversion [29] Group 2: Convertible Bond Issuance Overview - The company received approval from the China Securities Regulatory Commission to publicly issue 8,723,880 convertible bonds, with a total issuance amount of 872,388,000 yuan [3] - The bonds were listed and began trading on October 25, 2022, under the name "Miwei Convertible Bonds" with the code "113658" [4] Group 3: Conversion Price Adjustments - The conversion price for the "Miwei Convertible Bonds" was adjusted from 134.55 yuan per share to 134.61 yuan per share due to the cancellation of 80,000 restricted stocks [7] - Following the implementation of the 2022 profit distribution plan, the conversion price was further adjusted from 134.61 yuan to 134.06 yuan per share [8] - The conversion price was adjusted to 134.07 yuan per share after the cancellation of 12,500 restricted stocks [12]

可转债转股结果暨股份变动公告 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： 一、可转债上市发行概况 | 证券代码：603713 | 证券简称：密尔克卫 | 公告编号：2026-001 | | --- | --- | --- | | 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 （一）可转债发行概况 经中国证券监督管理委员会《关于核准密尔克卫化工供应链服务股份有限 公司公开发行可转换公司债券的批复》（证监许可〔2022〕1905 号）核准，公 司于 2022 年 9 月 16 日公开发行可转换公司债券 8,723,880 张，每张面值 100 元，发行总额为人民币 872,388,000 元。 （二）可转债上市概况 经《关于密尔克卫化工供应链服务股份有限公司可转换公司债券上市交易 的通知》（上海证券交易所自律监管决定书〔2022〕282 号）同意，公司 87,238.80 万元可转换公司债券于 2022 年 10 月 25 日起在上海证券交易所挂牌交 易，债券简 ...

Core Viewpoint - The logistics sector experienced a slight increase of 0.04% on December 30, with ST Xuefa leading the gains, while the overall market showed mixed results with the Shanghai Composite Index closing at 3965.12, down 0.0% [1]. Group 1: Market Performance - The logistics sector's performance was highlighted by ST Xuefa, which closed at 4.31 with a gain of 5.12% [1]. - Other notable gainers included *ST Haijin, which rose by 3.34% to 8.35, and Changlian Co., which increased by 2.33% to 10.56 [1]. - The Shenzhen Component Index closed at 13604.07, reflecting an increase of 0.49% [1]. Group 2: Trading Volume and Value - ST Xuefa had a trading volume of 39,600 shares and a transaction value of approximately 16.80 million [1]. - The highest transaction value in the logistics sector was recorded by Donghang Logistics, with a closing price of 18.27 and a transaction value of 181 million [1]. - The overall trading volume and value for the logistics sector showed varied performance across different stocks, with some stocks like Baoshui Technology and Donghang Logistics achieving significant transaction values [1]. Group 3: Capital Flow - The logistics sector saw a net outflow of 531 million from institutional investors, while retail investors contributed a net inflow of 507 million [2]. - The data indicates that retail investors were more active in the logistics sector, contrasting with the outflow from institutional investors [2]. - Specific stocks like YTO Express and Baoshui Technology experienced varying levels of net inflow and outflow from different investor categories [3].

Core Insights - The restructuring of global supply chains has made "going abroad" a necessity for survival rather than an option for Chinese manufacturers, driven by geopolitical fluctuations and compliance challenges [1][3][15] - Shanghai's Pudong Jinqiao industrial cluster is leveraging "marginal innovation" to transition from single product exports to a collaborative ecosystem, showcasing a new path for globalization [1][16] - The shift from "product output" to "system capability output" reflects a significant upgrade in China's manufacturing, providing a model for emerging economies to enhance their industrial competitiveness [1][16] Company Summaries - Shanghai Haier Electric Co., a leading air conditioning compressor manufacturer, has expanded its overseas presence, establishing factories in India and Thailand to adapt to local market demands and production requirements [3][8] - Kaizhong Co., a supplier in the automotive sector, has initiated overseas production to meet customer demands for supply chain security, with a focus on North America and Europe, and has achieved profitability in its Mexican operations [4][7] - Milkwell, a comprehensive supply chain service provider, is capitalizing on the growing demand from both global chemical giants and emerging Chinese companies, offering end-to-end services and digital solutions to enhance supply chain efficiency [5][11] Industry Trends - The trend of "going abroad" is increasingly driven by the need for supply chain security and the pursuit of higher profit margins in overseas markets, particularly for high-end manufacturing sectors [3][4] - The impact of the U.S.-China trade war has prompted companies to establish overseas production to mitigate rising tariffs, with firms like Kaizhong adapting their strategies to maintain competitiveness [5][15] - The establishment of the Pudong New Area's comprehensive service center for enterprises going abroad is facilitating international expansion by providing a range of support services, including market research and compliance assistance [15][16]

证券代码：603713 证券简称：密尔克卫 公告编号：2025-097 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 股份有限公司股东提前终止减持计划 暨减持股份结果公告 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： ● 股东持股的基本情况 在本次减持计划实施前，北京君联茂林股权投资合伙企业（有限合伙）（以下简称"君联茂林"）持有密 尔克卫智能供应链服务集团股份有限公司（以下简称"公司"）股份1,616,613股，占减持计划公告披露时 公司总股本的1.02%。 2025年9月26日，公司披露了《密尔克卫智能供应链服务集团股份有限公司股东减持股份计划公告》 （公告编号：2025-084），君联茂林计划通过上海证券交易所交易系统以大宗交易、集中竞价交易方式 减持公司股份数量不超过1,616,613股，即减持不超过减持计划公告披露时公司总股本的1.02%。其中， 以大宗交易方式减持的股份数量不超过56,000股，以集中竞价交易方式减持的股份数量不超过1,560,613 股。 截至 ...

Group 1 - The core point of the article is that Milkyway (SH 603713) announced a significant external guarantee balance of approximately RMB 4.37 billion, which represents 101.2% of the company's latest audited net assets attributable to shareholders [1] - As of January to June 2025, the revenue composition of Milkyway is as follows: logistics accounts for 51.39%, trading accounts for 48.08%, and other businesses account for 0.53% [1] - The current market capitalization of Milkyway is RMB 8.9 billion [2]