Core Viewpoint - The company emphasizes the importance of market value management, focusing on core business operations and maintaining a balance between intrinsic and market value to protect shareholders' long-term interests [1] Group 1 - The company is committed to enhancing corporate governance and improving operational quality [1] - The company aims to elevate information disclosure and investor relations management standards [1] - The company systematically promotes market value management initiatives [1]

Market Overview - On September 16, the logistics sector rose by 0.39% compared to the previous trading day, with Xinning Logistics leading the gains [1] - The Shanghai Composite Index closed at 3861.87, up 0.04%, while the Shenzhen Component Index closed at 13063.97, up 0.45% [1] Top Gainers in Logistics Sector - Xinning Logistics (300013) closed at 4.75, up 19.95% with a trading volume of 1.0766 million shares and a transaction value of 484 million [1] - Huami Duhai (872351) closed at 32.80, up 14.29% with a trading volume of 116,800 shares [1] - Jushen Co. (001202) closed at 18.21, up 10.03% with a trading volume of 282,700 shares [1] - Other notable gainers include Chuanhua Zhili (002010) up 6.49% and Haichen Co. (300873) up 5.14% [1] Decliners in Logistics Sector - Shentong Express (002468) closed at 17.73, down 2.85% with a trading volume of 263,500 shares [2] - Yunda Holdings (002120) closed at 7.96, down 1.85% with a trading volume of 428,300 shares [2] - ST Guangwu (600603) closed at 9.09, down 1.73% with a trading volume of 120,500 shares [2] Capital Flow Analysis - The logistics sector saw a net inflow of 609 million from institutional investors, while retail investors experienced a net outflow of 530 million [2] - Major stocks like Xinning Logistics had a net inflow of 113 million from institutional investors, while retail investors saw a net outflow of 42.41 million [3] - Other stocks with significant institutional inflows include Jushen Co. (858.68 million) and Chuanhua Zhili (673.80 million) [3]

截至2025年9月15日收盘，国货航(001391)报收于6.73元，上涨0.0%，换手率1.88%，成交量16.12万手， 成交额1.08亿元。 当日关注点 来自交易信息汇总：9月15日主力资金净流出734.17万元，显示主力资金持续离场。 交易信息汇总资金流向 9月15日主力资金净流出734.17万元；游资资金净流入49.1万元；散户资金净流入685.06万元。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 董秘最新回复 投资者： 贵司25上半年的国际地区收入是多少？主要布局了哪些海外国家和地区 董秘： 尊敬的投资者，您好！2025年1-6月，国货航国际地区营业收入合计为8,859,174,270元。截至 2025年6月，国货航业务版图覆盖14个国家的23个城市，在美国、英国、德国、荷兰、法国、西班牙、 比利时、意大利、匈牙利、阿联酋、墨西哥等国际物流枢纽国家拥有丰富的航权资源，在国内八大货运 机场拥有充足的时刻资源，可满足市场对国际、国内航班串飞的多重组合需求。感谢您的关注，谢谢！ ...

证券日报网讯 国货航（001391）9月15日在互动平台回答投资者提问时表示，2025年1月份至6月份，国 货航国际地区营业收入合计为8，859，174，270元。截至2025年6月，国货航业务版图覆盖14个国家的 23个城市，在美国、英国、德国、荷兰、法国、西班牙、比利时、意大利、匈牙利、阿联酋、墨西哥等 国际物流枢纽国家拥有丰富的航权资源，在国内八大货运机场拥有充足的时刻资源，可满足市场对国 际、国内航班串飞的多重组合需求。 ...

Core Viewpoint - The company reported a 16.51% increase in revenue from its air cargo segment in the first half of 2025, with a gross margin improvement of 3.91 percentage points, driven by fleet expansion and route optimization [1][2][3]. Financial Performance - The asset-liability ratio at the end of the first half of 2025 was 13.23%, indicating a stable financial position [1][3]. - The comprehensive logistics segment saw a revenue growth of 53.78% with a gross margin increase of 5.02 percentage points [6][7]. Fleet and Capacity Expansion - The company introduced 2 B777 freighters and completed the conversion of 2 A330 passenger aircraft to freighters, resulting in a total fleet of 25 freighters (including 4 retired) by June 2025 [1][9]. - The fleet primarily consists of B777 and B747 for long-haul markets, with A330 supporting medium to long-haul routes [1][9]. Route Optimization - New routes opened in the first half of 2025 include Shanghai-Hanoi, Guangzhou-Paris, and Chengdu-Dubai, enhancing the company's international network [1][5]. - The company is focusing on diversifying its route network to mitigate tariff policy risks and ensure supply chain stability [1][5]. Market Trends and Strategy - The air cargo market is experiencing growth, with a 2.8% increase in global demand and a 14.6% increase in China's cargo and mail transport volume in the first half of 2025 [3][4]. - The company is actively responding to changes in global trade policies and expanding its presence in emerging markets [3][4]. Digital Transformation and Innovation - The company is advancing its digital transformation by implementing AI and automation technologies to enhance operational efficiency and service quality [1][6]. - A digital platform for cargo stations has been launched, featuring smart monitoring systems and automated storage solutions [6][7]. Future Development Plans - The company is aligning its strategies with national policies to enhance international air cargo capabilities and reduce logistics costs [2][3]. - Future plans include focusing on safety, capacity upgrades, and green development initiatives to improve overall competitiveness [2][3].

Group 1: Market Management and Investor Relations - The company emphasizes the importance of market value management and investor returns, having established a management framework for this purpose [2][3] - The company actively engages with investors to enhance confidence and communicate its value, focusing on market dynamics and timely disclosures [3][4] Group 2: Fleet and Capacity Development - As of June 2025, the company operates a fleet of 25 cargo aircraft, including 4 retired units, with a focus on B777 and B747 for long-haul markets and A330 for medium-range [3][12] - The company has introduced 2 B777 cargo aircraft and completed the conversion of 2 A330 passenger aircraft to cargo, resulting in rapid capacity growth [5][12] Group 3: Route Network and Operational Efficiency - The company has expanded its route network to 25 routes, including 23 international and 2 domestic, covering 14 countries and 23 cities [4][8] - New routes opened in the first half of 2025 include Shanghai-Hanoi, Guangzhou-Paris, and Chengdu-Dubai, enhancing operational efficiency and market reach [6][12] Group 4: Financial Performance and Dividends - In the first half of 2025, the company reported a revenue increase of 16.51% and a gross margin increase of 3.91 percentage points in the air cargo sector [12] - The company has not arranged for mid-term dividends this year, focusing instead on enhancing cash dividend stability and predictability [4][12] Group 5: Logistics and E-commerce Expansion - The company has seen a 53.78% increase in revenue from its integrated logistics segment in the first half of 2025, with a gross margin increase of 5.02 percentage points [5][8] - Efforts to expand cross-border e-commerce and contract logistics have been prioritized, with a focus on reducing logistics costs and enhancing service quality [5][6] Group 6: Technological Innovation and Digital Transformation - The company is implementing digital transformation initiatives, including the launch of a digital platform at its cargo stations and the use of AI for security checks, improving detection rates to 93% [6][11] - Automation and digital systems are being integrated to enhance operational efficiency and service levels across cargo operations [11][12] Group 7: Strategic Planning and Future Outlook - The company is aligning its strategies with national policies, focusing on enhancing international air cargo capabilities and maintaining supply chain stability [8][10] - Future plans include optimizing resource allocation and expanding the route network to meet diverse customer needs, particularly in key economic regions [7][10]

9月9日，国货航跌0.44%，成交额1.27亿元。两融数据显示，当日国货航获融资买入额2039.62万元，融 资偿还1221.39万元，融资净买入818.22万元。截至9月9日，国货航融资融券余额合计2.63亿元。 融资方面，国货航当日融资买入2039.62万元。当前融资余额2.62亿元，占流通市值的4.53%。 机构持仓方面，截止2025年6月30日，国货航十大流通股东中，华泰柏瑞沪深300ETF（510300）位居第 一大流通股东，持股1431.59万股，为新进股东。易方达沪深300ETF（510310）位居第二大流通股东， 持股1087.84万股，为新进股东。香港中央结算有限公司位居第三大流通股东，持股946.28万股，相比上 期增加201.91万股。华夏沪深300ETF（510330）位居第四大流通股东，持股795.11万股，为新进股东。 嘉实沪深300ETF（159919）位居第五大流通股东，持股685.13万股，为新进股东。 融券方面，国货航9月9日融券偿还800.00股，融券卖出700.00股，按当日收盘价计算，卖出金额4725.00 元；融券余量10.67万股，融券余额72.02万元。 责任编 ...

证券日报网讯国货航9月9日在互动平台回答投资者提问时表示，公司高度重视与各类投资者的沟通交 流。根据《深圳证券交易所创业板上市公司自律监管指南第1号——业务办理》的规定，上市公司应当 尽量避免在年度报告、半年度报告披露前三十日内接受投资者现场调研、媒体采访等。后续公司如有相 关调研活动将履行相应的信息披露义务。 （文章来源：证券日报） ...

Core Viewpoint - The company has established a robust internal control system, including accounts receivable management, which is functioning well and currently poses a controllable risk [1] Group 1 - The company has implemented a strict management system for related party transactions and complies with regulatory disclosure requirements [1] - Further details can be found in the "2025 Annual Expected Related Party Transactions Announcement" [1]

Core Viewpoint - China International Cargo Airlines Co., Ltd. has shown significant growth in revenue and net profit, indicating a strong position in the domestic air logistics market [2][3]. Financial Performance - For the period from January to June 2025, the company achieved operating revenue of 10.935 billion yuan, representing a year-on-year increase of 21.92% [2]. - The net profit attributable to shareholders reached 1.240 billion yuan, marking an impressive year-on-year growth of 86.15% [2]. Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 19.93% to 164,100, while the average circulating shares per person increased by 27.85% to 5,232 shares [2]. - The company has distributed a total of 794 million yuan in dividends since its A-share listing [3]. Stock Market Activity - On August 29, the stock price of China International Cargo Airlines fell by 1.01%, with a trading volume of 251 million yuan [1]. - The financing buy-in amount for the same day was 24.5458 million yuan, while the financing repayment was 21.7952 million yuan, resulting in a net financing buy of 2.7507 million yuan [1]. - The total financing and securities lending balance reached 254 million yuan, with the financing balance accounting for 4.31% of the circulating market value [1].