Investment Rating - The report rates the transportation industry as "Positive" [1] Core Insights - Over 80% of transportation companies have performed well in ESG scores, with 15 companies scoring above 80 and 12 above 90, representing 83% and 67% respectively [9][11] - 94% of the 18 central enterprises in the transportation sector have completed the required disclosures regarding importance assessment, but only 33% have disclosed third-party verification reports [11][13] - Companies in the high score range actively disclose climate change issues, while those in the lower range focus more on environmental issues, indicating a need for improvement in climate-related disclosures [16][17] - The report highlights the social responsibilities of transportation enterprises, particularly in rural revitalization and safety operations, with a 94% disclosure rate for safety operations [37][41] - Governance scores are generally high, with many companies integrating party building into their governance structures, showcasing a unique governance advantage [47][51] Summary by Sections Overall Performance - More than 80% of transportation companies have good overall ESG scores, with detailed financial importance disclosures and high scores in environmental, social responsibility, and governance aspects [9][16] Importance Assessment - 94% of companies have completed the required disclosures, with 17 out of 18 companies highlighting financial importance [11][13] Environmental & Climate - 83% of companies scored between 30-34 in environmental issues, with high disclosure rates for waste management (100%) and energy management (96%) [16][20] - Climate management disclosures show a high completion rate of 89%, but climate strategy disclosures need improvement, with only 56% of companies fully disclosing [32][35] Social Responsibility - Transportation enterprises have detailed their efforts in rural revitalization and social contributions, achieving a 100% disclosure rate for social responsibility [41][42] - Safety operations are a key focus, with 94% of companies disclosing relevant information [37][45] Governance - Governance scores are high, with 14 companies disclosing governance structures and mechanisms, and many integrating party building into their governance [47][51] - 94% of companies focus on safety risk management, with detailed disclosures on safety management systems [53][56]

Core Insights - The company reported a total container throughput of 17.616 million TEUs in September 2025, representing a year-on-year growth of 7.9% [1] - The total throughput of bulk cargo reached 106.529 million tons in September 2025, showing a year-on-year increase of 5.7% [1] Company Performance - Container throughput increased to 17.616 million TEUs, indicating strong operational performance in the container segment [1] - Bulk cargo throughput of 106.529 million tons reflects a solid demand in the bulk cargo market [1]

Core Viewpoint - The company, China Merchants Port (001872.SZ), reported its business volume data for September 2025, showing positive growth in both container and bulk cargo throughput [1] Group 1: Container Volume - In September 2025, the total container throughput reached 17.616 million TEU, representing a year-on-year increase of 7.9% [1] Group 2: Bulk Cargo Volume - The total bulk cargo volume amounted to 106.529 million tons in September 2025, reflecting a year-on-year growth of 5.7% [1]

本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 | 业务指标 | 2025 年 9 月 | 同比变化 | 本年累计 | 同比变化 | | --- | --- | --- | --- | --- | | 集装箱总计（万 TEU） | 1,761.6 | 7.9% | 15,460.5 | 5.3% | | 内地码头 | 1,394.4 | 8.1% | 12,140.8 | 6.0% | | 其中：珠三角 | 129.2 | -15.5% | 1,330.7 | 1.8% | | 长三角 | 946.0 | 13.4% | 8,071.3 | 8.3% | | 环渤海 | 294.5 | 6.7% | 2,490.7 | 1.9% | | 东南地区 | 16.3 | -7.9% | 160.7 | 3.6% | | 西南地区 | 8.4 | -10.1% | 87.4 | -8.2% | | 港澳台码头 | 36.4 | -23.4% | 402.7 | -8.7% | | 海外码头 | 330.8 | 12.2% | 2,917.0 | 4.4% | | 散杂货总计 ...

Group 1 - On October 14, 15 companies announced 15 stock repurchase updates, with 6 companies disclosing repurchase plans for the first time, 3 plans approved by shareholders, 4 companies reporting implementation progress, and 2 completing their repurchase plans [1] - The highest proposed repurchase amounts from newly disclosed plans are from COSCO Shipping Holdings at 1.498 billion, Jiuan Medical at 600 million, and China National Chemical Engineering at 100 million [1] - Companies that received shareholder approval for their repurchase plans include Nearshore Protein with a proposed repurchase of up to 20 million, Haoshanghao at 266,400, and Runbei Aerospace Technology at 227,100 [1] Group 2 - The highest amounts repurchased from companies reporting implementation progress are from Ruikang Pharmaceutical at 69.3892 million, Qianwei Central Kitchen at 49.9827 million, and Baiwei Storage at 39.9905 million [1] - Completed repurchases include China Merchants Port at 389 million and Rongxin Culture at 21.999 million [2] - As of October 14, a total of 1,614 repurchase plans have been completed this year, involving 1,226 companies, with 312 companies having completed repurchases exceeding 100 million [2]

Core Viewpoint - The company has completed its share repurchase and cancellation process, reducing its total share capital by 19,817,696 shares, which is 0.79% of the total shares before cancellation [1] Summary by Sections Share Repurchase - The company announced the completion of its share repurchase, with a total of 19,817,696 shares being canceled [1] - The canceled shares represent 0.79% of the company's total share capital prior to the cancellation, which was 2,501,565,281 shares [1] Share Capital Changes - Following the cancellation, the company's total share capital has been reduced from 2,501,565,281 shares to 2,481,747,585 shares [1] - The cancellation procedures were completed on October 10, 2025, at the Shenzhen branch of China Securities Depository and Clearing Co., Ltd [1]

招商局港口集团股份有限公司 关于回购股份注销完成暨股份变动的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 重要内容提示： 1.招商局港口集团股份有限公司（以下简称"公司"）本次回购股份已实 施 完 毕 。 公 司 本 次 注 销 的 股 份 为 19,817,696 股 ， 占 注 销 前 公 司 总 股 本 （2,501,565,281 股）的 0.79%，本次注销的股份数量与公司实际回购的股份数 量一致。 证券代码：001872/201872 证券简称：招商港口/招港 B 公告编号：2025-065 二、本次回购股份的注销情况 2.公司于 2025 年 10 月 10 日在中国证券登记结算有限责任公司深圳分公司 办理完成上述股份的注销手续。本次股份回购注销完成后，公司总股本由 2,501,565,281 股变更为 2,481,747,585 股。 一、回购股份实施情况 公司于 2024 年 10 月 18 日召开第十一届董事会 2024 年度第七次临时会 议，并于 2024 年 10 月 29 日召开 2024 年第三次临时股东大会，审议通过了 《关于以 ...

Core Points - A total of 40 companies will have 3.277 billion shares released from restrictions next week, with a market value of 79.12 billion yuan, representing a week-on-week increase of 40.732 billion yuan [1] - The peak of the release will occur on Monday, with a scale of 54.708 billion yuan, accounting for 69.15% of the total for the week [1] - The top three companies by market value of released shares are China Merchants Port (119.67 billion yuan), Meihua Medical (98.04 billion yuan), and Weijie Chuangxin (82.07 billion yuan) [1] Company-Specific Summaries - **China Merchants Port**: Release date on October 13, with a market value of 119.67 billion yuan and 57,670.95 thousand shares released, accounting for 23.05% of total shares [2] - **Meihua Medical**: Release date on October 13, with a market value of 98.04 billion yuan and 41,230 thousand shares released, accounting for 72.48% of total shares [2] - **Weijie Chuangxin**: Release date on October 13, with a market value of 82.07 billion yuan and 23,940.3 thousand shares released, accounting for 55.63% of total shares [2] - **Huibo Yuntong**: Release date on October 13, with a market value of 80.21 billion yuan and 15,718.35 thousand shares released, accounting for 38.91% of total shares [2] - **Kechuan Technology**: Release date on October 13, with a market value of 39.47 billion yuan and 13,143.76 thousand shares released, accounting for 69.95% of total shares [2] - **Shenghui Integration**: Release date on October 13, with a market value of 29.51 billion yuan and 6,499.73 thousand shares released, accounting for 64.99% of total shares [2]

Economic Data Release - The National Bureau of Statistics will release the CPI and PPI data for September on October 15, with expectations of a year-on-year CPI growth rate remaining flat and a month-on-month increase of 0.2% [1] - The PPI is anticipated to show a year-on-year decline of 2.4% and a month-on-month decrease of 0.3% [1] - Additional financial data such as new loans, M2, and social financing for September may also be released next week [2] Oil Price Adjustment - The next round of fuel price adjustments will occur on October 13 at 24:00, based on the "ten working days" principle [3] - As of October 10, the average price of reference crude oil was $64.97 per barrel, indicating a change rate of -0.34%, which suggests a potential decrease of 20 yuan per ton in domestic gasoline and diesel prices [3] Trade Fair and Conferences - The 138th Canton Fair will be held from October 15 to November 4 in Guangzhou, featuring a record exhibition area of 1.55 million square meters and over 32,000 participating companies [4] - The 2025 Bay Area Semiconductor Industry Ecosystem Expo will take place from October 15 to 17 in Shenzhen, attracting over 600 leading enterprises and institutions from more than 20 countries [4] - The 2025 World Intelligent Connected Vehicle Conference will be held in Beijing from October 16 to 18, focusing on innovations in AI, communication, data utilization, and chip technology within the automotive industry [4] Stock Unlocking Events - A total of 41 stocks will face unlocking next week, with significant unlocks including 577 million shares of China Merchants Port, valued at 11.967 billion yuan, and 412 million shares of Meihua Medical, valued at 9.804 billion yuan [5][6] - The unlocking ratios for several companies exceed 50%, including Meihua Medical, Andar Intelligent, and Kecuan Technology [5] New Stock Opportunities - Five new stocks are set to be issued next week, including Marco Polo on October 13, He Yuan Biological on October 14, Chaoying Electronics on October 15, Xi'an Yicai on October 16, and Bibet on October 17 [9][10]

Core Viewpoint - A total of 40 companies will have their restricted shares unlocked next week, amounting to 3.323 billion shares with a total market value of 79.774 billion yuan based on the closing price on October 10 [1] Group 1: Unlocking Schedule and Market Impact - The peak unlocking day is October 13, with 20 companies unlocking shares worth a total of 55.417 billion yuan, accounting for 69.46% of the total unlocking scale for the week [1] - The companies with the highest unlocking market value on October 10 are: China Merchants Port (11.967 billion yuan), Meihua Medical (9.804 billion yuan), and Weijie Chuangxin (8.207 billion yuan) [1] Group 2: Individual Company Unlocking Details - The companies with the largest number of unlocked shares are: China Merchants Port (577 million shares), Qingnong Commercial Bank (500 million shares), and Meihua Medical (412 million shares) [1] Group 3: Types of Restricted Shares - The types of unlocked shares include: 14 companies with original shareholders' restricted shares, 8 companies with restricted shares from directed placements, 6 companies with restricted shares from equity incentives, 5 companies with general equity incentive shares, 4 companies with original placement shares, 2 companies with original shareholders' strategic placement shares, and 1 company with strategic placement shares [1]