格隆汇12月19日丨密尔克卫(603713.SH)公布，近日，君联茂林向公司出具《北京君联茂林股权投资合 伙企业（有限合伙）关于减持股份计划提前终止暨减持结果的告知函》，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161.66万股，占公司总股本的1.02%。其 中，以大宗交易方式减持公司股份5.6万股，以集中竞价交易方式减持公司股份156.06万股。 ...

| 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 ...

| 证券代码：603713 | 证券简称：密尔克卫 | 公告编号：2025-096 | | --- | --- | --- | | 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 | 被担保人名称 | 本次担保金额 | | 实际为其提供的 | 是否在前期 | 本次担保是 | | --- | --- | --- | --- | --- | --- | | | | | 担保余额（不含 本次担保金额） | 预计额度内 | 否有反担保 | | 上海密尔克卫化工储存有限 公司（以下简称"密尔克卫化 | 7,000.00 | 万元 | 万元 77,600.00 | 是 | 否 | | 工储存"） | | | | | | | 上海慎则化工科技有限公司 （以下简称"上海慎则"） | 2,700.00 | 万元 | 万元 26,638.40 | 是 | 否 | | MILKYWAY ...

Market Overview - The Shanghai Composite Index closed at 3871.44 points, above the annual line, with an increase of 1.22% [1] - The total trading volume of A-shares reached 18224.48 billion yuan [1] Stocks Breaking Annual Line - A total of 118 A-shares have surpassed the annual line today, with notable stocks showing significant deviation rates [1] - Stocks with the highest deviation rates include: - Jiaying Pharmaceutical (8.17%) - Kaiwang Technology (7.31%) - Chuanhuan Technology (6.60%) [1] Detailed Stock Performance - The following stocks have notable performance metrics: - Jiaying Pharmaceutical: Today's increase of 9.96%, turnover rate of 5.15%, latest price at 7.40 yuan [1] - Kaiwang Technology: Today's increase of 15.65%, turnover rate of 8.96%, latest price at 38.87 yuan [1] - Chuanhuan Technology: Today's increase of 8.66%, turnover rate of 12.99%, latest price at 35.76 yuan [1] - Additional stocks with significant performance include: - Yongji Co. (6.07% deviation) - Runpu Food (5.64% deviation) - Kunlun Wanwei (5.37% deviation) [1]

Core Points - The Shanghai Composite Index closed at 3867.04 points, above the annual line, with an increase of 1.10% [1] - The total trading volume of A-shares reached 1.367165 trillion yuan [1] - A total of 74 A-shares have surpassed the annual line today, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - The stocks with the highest deviation rates include Hanxin Technology (10.28%), Jiaying Pharmaceutical (8.17%), and Runpu Food (6.44%) [1] - Other stocks that just crossed the annual line include ST Qibu, Yinghuatech, and Jiangxi Changyun, which have lower deviation rates [1] Trading Data - The trading performance of selected stocks shows significant daily changes, with Hanxin Technology leading with a daily increase of 13.96% and a turnover rate of 26.99% [1] - Jiaying Pharmaceutical and Runpu Food also showed strong daily increases of 9.96% and 9.35%, respectively [1] Additional Stock Information - Other notable stocks with positive performance include Yongji Co. (7.50%), Kaiwang Technology (13.86%), and Chuanhuan Technology (7.57%) [1] - The table lists various stocks with their respective trading data, including daily change percentages, turnover rates, annual line prices, latest prices, and deviation rates [1][2]

Core Viewpoint - On December 9, a total of 6 listed companies will have their restricted shares unlocked, with a total market value of approximately 10.434 billion yuan [1] Group 1: Company Specifics - Company: 一汽解放 (FAW Jiefang), Stock Code: 000800, Type: Equity Incentive Restricted Shares, Unlock Volume: 1.2653 million shares [1] - Company: 凯龙股份 (Kailong Co.), Stock Code: 002783, Type: Equity Incentive Restricted Shares, Unlock Volume: 2.8656 million shares [1] - Company: 密尔克卫 (Milkyway), Stock Code: 603713, Type: Equity Incentive Restricted Shares, Unlock Volume: 64,800 shares [1] - Company: 宁波远洋 (Ningbo Ocean), Stock Code: 601022, Type: Pre-Issue Restricted Shares, Unlock Volume: 1.06 billion shares [1] - Company: 美腾科技 (Meiteng Technology), Stock Code: 688420, Unlock Volume: 763,000 shares [1] - Company: 聚和材料 (Juhua Materials), Stock Code: 688503, Unlock Volume: 13.6858 million shares [1]

| 证券代码：603713 | 证券简称：密尔克卫 | 公告编号：2025-095 | | --- | --- | --- | | 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 | 被担保人名称 | 京久帝"） | 万元 | 南京久帝化工有限公司（以下简称"南 | | --- | --- | --- | --- | --- | --- | | | | 本次担保金额 | 6,000.00 | | | | 象一 | | 实际为其提供的担保余额 | 7,000.00 | 万元 | | | | | 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：_________ | | | | 被担保人名称 | "浙江密尔克卫航运"） | | 浙江密尔克卫航运有限公司（以下简称 | | ...

每经AI快讯，12月5日，密尔克卫公告，公司近日与中信银行股份有限公司上海分行签订合同，为全资 子公司南京久帝化工有限公司提供不超过人民币6000.00万元的担保，承担连带责任保证。本次担保事 项在公司股东会批准的担保额度范围内，旨在满足子公司经营发展需要，被担保人资信状况良好，公司 能有效控制其日常经营及重大事项。截至本公告日，公司及其控股子公司对外担保总额为426364.71万 元，占公司最近一期经审计净资产的98.75%，无逾期担保。 （文章来源：每日经济新闻） ...

| 证券代码：603713 | 证券简称：密尔克卫 | 公告编号：2025-094 | | --- | --- | --- | | 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： | | 被担保人名称 | 上海慎则化工科技有限公司（以下简称 | | | | --- | --- | --- | --- | --- | | | | "上海慎则"） | | | | | 本次担保金额 | 1,000.00 | 万元 | | | 担保对象一 | 实际为其提供的担保余额 | 万元 23,938.40 | | | | | 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：_________ | | | 被担保人名称 | | | 上海鼎铭秀博集装罐服务有限公司（以 | | | | 下简称"鼎铭秀博"） | | ...

Investment Rating - The investment rating for the transportation industry is "Positive" (maintained) [4] Core Views - The express delivery industry is experiencing resilient demand, with a "de-involution" trend driving up express prices, enhancing corporate profit elasticity, and creating favorable competition opportunities in the medium to long term [15] - The shipping market is expected to benefit from the OPEC+ production increase cycle and the Federal Reserve's interest rate cuts, with a notable improvement in the oil transportation market's outlook for Q4 2025 [15] - The shipping market is anticipated to recover, supported by environmental regulations limiting the operation of older fleets and the upcoming production of the West Manganese iron ore by the end of 2025 [15] Summary by Sections Express Logistics - In October 2025, the express delivery industry achieved a business volume of 17.6 billion pieces, a year-on-year increase of 7.9%, with revenue reaching 131.67 billion yuan, up 4.7% year-on-year [4][24] - Major players like YTO, Shentong, and Yunda showed varied growth rates, with YTO's volume increasing by 12.78% and Shentong by 3.97%, while Yunda's volume decreased by 5.11% [4][30] - The industry is transitioning towards high-quality development, with significant improvements in single-ticket revenue due to price increases driven by the de-involution trend [4] Shipping and Ports - VLCC freight rates reached a new high of $136,843 per day, the highest since Q2 2020, driven by tight available capacity and stable inquiry rhythms [8] - The Capesize bulk carrier spot freight rates surpassed $30,000 per day, reflecting a 20% increase over the past week, supported by seasonal demand recovery and strong import demand from China [8] - The BDI index increased by 7.1% to 2225 points, indicating a robust recovery in the bulk shipping market [9] Aviation - In October 2025, civil aviation transported approximately 68 million passengers, a year-on-year increase of 5.8%, and cargo/mail transport reached 917,000 tons, up 13.3% [58] - The overall passenger load factor for major airlines was 86.88%, showing a slight increase from the previous month [62] Road and Rail - From November 10 to November 16, 2025, national freight logistics operated smoothly, with rail freight reaching 81.8 million tons, a 0.17% increase week-on-week [14] - In October 2025, road freight volume was 3.706 billion tons, a year-on-year increase of 0.08% [64] Supply Chain Logistics - The logistics landscape is evolving, with companies like Shenzhen International expected to benefit from the transformation of logistics parks, providing performance elasticity [15] - The industry is witnessing a slowdown in competition, with companies like Debang and Aneng Logistics showing significant profit improvements due to strategic transformations [15]