附件：《南京盛航海运股份有限公司组织架构图》。 南京盛航海运股份有限公司 | 证券代码：001205 | 证券简称：盛航股份 | 公告编号：2026-008 | | --- | --- | --- | | 债券代码：127099 | 债券简称：盛航转债 | | 南京盛航海运股份有限公司 关于调整公司组织架构的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 南京盛航海运股份有限公司（以下简称"公司"）于 2026 年 3 月 2 日召开第 四届董事会第三十四次会议，审议通过了《关于调整公司组织架构的议案》。 为更好地适应公司长远战略发展规划，进一步完善公司的治理结构，提升专 业化管理水平和运营效率，促进公司高质量发展，公司结合战略发展规划和当下 实际经营情况，对部分组织架构进行了调整与优化，并授权公司管理层负责实施 组织架构调整后的具体事宜。调整后的组织架构图详见附件。 特此公告。 附件： 2 董事会 2026 年 3 月 3 日 1 南京盛航海运股份有限公司组织架构图 ...

| 证券代码：001205 | 证券简称：盛航股份 | 公告编号：2026-009 | | --- | --- | --- | | 债券代码：127099 | 债券简称：盛航转债 | | 南京盛航海运股份有限公司 关于召开2026年第二次临时股东会的通知 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 重要提示： 根据《公司法》和《公司章程》的有关规定，经南京盛航海运股份有限 公司（以下简称"公司"）第四届董事会第三十四次会议审议通过，公司董事会 决定于 2026 年 3 月 18 日（星期三）下午 14:30 召开公司 2026 年第二次临时 股东会，本次股东会采取现场投票和网络投票相结合的方式进行，现将具体 事项公告如下： 6、会议的股权登记日：2026 年 03 月 11 日 一、召开会议的基本情况 1、股东会届次：2026 年第二次临时股东会 2、股东会的召集人：董事会 3、会议召开的合法、合规性：经公司第四届董事会第三十四次会议审议 通过，决定召开公司 2026 年第二次临时股东会。本次会议召集程序符合《中 华人民共和国公司法》《深圳证券交易所股票上 ...

| 证券代码：001205 | 证券简称：盛航股份 | 公告编号：2026-006 | | --- | --- | --- | | 债券代码：127099 | 债券简称：盛航转债 | | 南京盛航海运股份有限公司 第四届董事会第三十四次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 南京盛航海运股份有限公司（以下简称"公司"）第四届董事会第三十四次会 议通知已于 2026 年 2 月 25 日以电子邮件的方式送达全体董事。会议于 2026 年 3 月 2 日在公司会议室通过现场结合通讯会议的方式召开。 （一）审议通过《关于 2023 年向不特定对象发行可转换公司债券部分募集 资金投资项目结项并将结余募集资金永久补充流动资金的议案》。 鉴于公司 2023 年向不特定对象发行可转换公司债券募集资金投资项目（以 下简称"募投项目"）"沿海省际液体危险货物船舶置换购置项目"已实施完毕并达 到预定可使用状态。为合理配置资金，提高募集资金使用效率，降低财务成本， 公司决定将该项目予以结项，并将项目结余募集资金共计人民币 5,796,4 ...

Investment Rating - The report does not explicitly state an overall investment rating for the transportation sector, but highlights specific companies and segments with positive outlooks, such as logistics and aviation [2][3][4]. Core Insights - The transportation index increased by 3.3% in the last week, outperforming the Shanghai Composite Index by 2.2%, with the shipping sector showing the highest growth at 11.9% [1][11]. - In the express delivery segment, some companies are benefiting from price increases due to reduced competition, with a focus on leading firms like Zhongtong Express and Jitu Express [2]. - The logistics sector is expected to improve as chemical product prices rise, with a focus on companies like Milkyway and Hongchuan Wisdom [2]. - The aviation sector is experiencing a slight decline in flight numbers but remains optimistic about ticket prices and profitability due to high passenger load factors [3][55]. - The shipping sector is positively impacted by geopolitical tensions, particularly in oil transportation, with expectations of price increases [4]. Summary by Sections Shipping and Ports - The shipping sector is seeing a stabilization in container shipping rates, while oil transportation rates are expected to rise due to geopolitical factors [4][21]. - The China Export Container Freight Index (CCFI) is at 1044.57 points, down 4.0% week-on-week and down 20.8% year-on-year [21]. - The oil transportation index (BDTI) increased by 2.2% week-on-week and 91.5% year-on-year, indicating strong demand in this segment [4][37]. Aviation and Airports - The average daily flights in China increased by 17.58% year-on-year, with domestic flights showing a similar growth rate [3]. - The Brent crude oil price is at $72.48 per barrel, with domestic aviation kerosene prices decreasing by 4.3% week-on-week [66]. - Airlines are expected to benefit from improved load factors and ticket pricing, with specific recommendations for China National Aviation and Southern Airlines [3][55]. Logistics - The chemical logistics sector is anticipated to improve as chemical prices rise, with a focus on companies like Milkyway and Hongchuan Wisdom [2]. - The overall logistics environment is supported by a stable demand for chemical products, with operational rates for key chemicals showing positive trends [2]. Road and Rail - The road transport sector is showing signs of recovery, with a notable increase in truck traffic, although there was a significant drop in traffic volume recently [84]. - The railway sector is also experiencing a positive trend, with passenger turnover increasing by 8.52% year-on-year [82].

Investment Rating - The report indicates a positive investment outlook for the shipping sector, particularly highlighting the strong performance of oil tankers and dry bulk carriers, with specific recommendations for companies like China Shipping and China Power [4][5]. Core Insights - The shipping industry is experiencing an upward cycle driven by the entire energy chain, with oil tanker rates significantly increasing due to geopolitical tensions and supply constraints. The VLCC (Very Large Crude Carrier) rates have surged to $206,763 per day, marking a 38% increase week-on-week [4]. - The report emphasizes the potential for further increases in shipping rates, particularly in the context of ongoing geopolitical conflicts and the tightening of shipping capacity controlled by major players like Sinokor [4][5]. - Recommendations include focusing on long-cycle shipping logic with lower volatility, while also considering mid-cycle shipping stocks that are expected to outperform [4]. Summary by Sections Shipping Sector - VLCC rates have reached $206,763 per day, with a 38% week-on-week increase, driven by tight supply and geopolitical tensions [4]. - The report notes that the market is entering a strong pricing phase for shipowners, with Sinokor controlling over 37% of the market capacity [4]. - Suezmax rates have also increased significantly, reflecting the overall bullish sentiment in the oil shipping market [4]. Dry Bulk Sector - The Capesize index remains high, with a slight increase in rates, while smaller vessels are showing resilience due to recovering coal demand [4]. - The BDI (Baltic Dry Index) recorded a 1.09% increase, indicating stable demand in the dry bulk market [5]. Container Shipping - The SCFI (Shanghai Containerized Freight Index) rose by 6.5%, with significant increases in rates for routes to the Mediterranean and South America [4]. - The report highlights potential risks associated with geopolitical tensions affecting shipping routes, particularly in the Red Sea [4]. Air Transport - The report discusses the ongoing challenges in the aircraft manufacturing supply chain and the aging fleet, which is expected to constrain supply and enhance profitability for airlines [4]. - Airlines are anticipated to experience a significant improvement in performance as demand for international travel increases [4]. Logistics and Express Delivery - The express delivery sector is expected to see a recovery in pricing due to policy changes aimed at stabilizing end-user costs, with a focus on leading companies like ZTO Express and YTO Express [4]. - The report notes that the logistics sector is showing resilience, with steady performance in rail and highway freight volumes [4].

Core Viewpoint - The company, Shenghang Co., Ltd. (001205), confirmed that its controlling shareholder, Wanda Holdings Group Co., Ltd., has a good credit status and sufficient funds for repayment, indicating that the risk of share pledge is controllable and there is no risk of forced liquidation [1] Group 1 - The company is actively monitoring the share pledge situation and associated risks of its controlling shareholder, ensuring timely information disclosure as required [1] - The company emphasizes value management, focusing on self-value creation and enhancing the quality of the listed company [1] - The company is exploring win-win development paths with its controlling shareholder in areas such as industrial synergy and resource empowerment to strengthen its operational stability and risk resistance [1]

Core Insights - The shipping and port sector experienced a rise of 0.59% on January 28, with Haitong Development leading the gains [1] - The Shanghai Composite Index closed at 4151.24, up 0.27%, while the Shenzhen Component Index closed at 14342.9, up 0.09% [1] Stock Performance - Haitong Development (603162) closed at 13.05, up 4.82% with a trading volume of 252,400 shares and a transaction value of 328 million yuan [1] - Qingdao Port (601298) closed at 9.47, up 2.82% with a trading volume of 403,500 shares and a transaction value of 381 million yuan [1] - Qin Port Co. (601326) closed at 3.63, up 2.54% with a trading volume of 472,100 shares and a transaction value of 170 million yuan [1] - Liaoning Port Co. (601880) closed at 1.69, up 2.42% with a trading volume of 1,938,200 shares and a transaction value of 326 million yuan [1] - Ningbo Shipping (600798) closed at 3.84, up 2.13% with a trading volume of 635,100 shares and a transaction value of 243 million yuan [1] Capital Flow - The shipping and port sector saw a net outflow of 476 million yuan from institutional investors, while retail investors contributed a net inflow of 88.99 million yuan [2] - The sector's overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors showed interest [2][3] Individual Stock Capital Flow - Zhonggu Logistics (603565) experienced a net outflow of 41.62 million yuan from institutional investors, while retail investors had a net outflow of 11.08 million yuan [3] - Liaoning Port Co. (601880) saw a net inflow of 34.01 million yuan from institutional investors, indicating strong interest [3] - Haitong Development (603162) had a net inflow of 22.27 million yuan from institutional investors, but a net outflow of 24.31 million yuan from retail investors [3]

Core Viewpoint - Nanjing Shenghang Shipping Co., Ltd. has completed the registration of changes in its business scope and the filing of its articles of association, and has received a new business license to include "labor dispatch services" in its operations [1]. Group 1 - The company held its 33rd meeting of the 4th Board of Directors on December 29, 2025, and the first extraordinary shareholders' meeting of 2026 on January 15, 2026, where it approved the proposal to expand its business scope [1]. - The new business license includes the following registration details: registered capital of 188 million yuan, established on November 7, 1994, and located in the China (Jiangsu) Pilot Free Trade Zone, Nanjing [1]. - The updated business scope now includes domestic coastal and Yangtze River transportation of refined oil and chemical ships, international hazardous goods transportation, and labor dispatch services, among others [1]. Group 2 - The company has completed the necessary procedures for the change in business scope and the filing of its articles of association, as confirmed by the Nanjing Jiangbei New District Management Committee [2]. - The company’s business license and articles of association are available for review as part of the documentation [2]. Group 3 - The announcement was made by the Board of Directors of Nanjing Shenghang Shipping Co., Ltd. on January 22, 2026 [3].

关于完成工商变更登记及章程备案 | 证券代码：001205 | 证券简称：盛航股份 | 公告编号：2026-005 | | --- | --- | --- | | 债券代码：127099 | 债券简称：盛航转债 | | 南京盛航海运股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 南京盛航海运股份有限公司（以下简称"公司"）于 2025 年 12 月 29 日召开 第四届董事会第三十三次会议，于 2026 年 1 月 15 日召开 2026 年第一次临时股 东会，审议通过了《关于增加公司经营范围暨修订<公司章程>的议案》。为满足 公司及子公司船舶经营管理的实际需要，公司拟在经营范围中增加"劳务派遣服 务"，最终以市场监督管理部门核准的内容为准。 并换发营业执照的公告 公司已于近日完成了经营范围的工商变更登记手续及《南京盛航海运股份有 限公司章程》的备案手续，取得了南京江北新区管理委员会政务服务管理办公室 换发的《营业执照》，换发后的《营业执照》登记信息如下： 一、营业执照具体登记信息 名称：南京盛航海运股份有限公司 统一社会信用代码：9132010 ...

Core Viewpoint - The company plans to enhance its shipping capacity by applying for new capacity through the Ministry of Transport's evaluation and will replace old vessels with new ones to align with industry policies aimed at high-quality development [1] Group 1: Capacity Expansion Strategy - The company will continue to apply for new shipping capacity by participating in the Ministry of Transport's evaluations [1] - The strategy includes a "retire one, add one" approach to replace outdated vessels [1] Group 2: Fleet Optimization - The company aims to improve its fleet structure by building new ships and acquiring existing chemical tankers based on market conditions and potential trading opportunities [1] - This initiative is intended to enhance the company's core competitiveness in the shipping industry [1]