股票简称：海峡股份 股票代码：002320 公告编号： 2025-78 海南海峡航运股份有限公司 第八届董事会第十六次会议决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，并对公告中 的虚假记载、误导性陈述或者重大遗漏承担责任。 海南海峡航运股份有限公司（以下简称"公司"或"海峡股份"）于 2025 年 10 月 13 日以 OA、电子邮件的形式向全体董事发出第八届董事会第十六次会 议通知及相关议案等材料。会议于 2025 年 10 月 27 日在海南省海口市滨海大道 港航大厦 14 楼会议室以现场结合通讯方式举行。本次会议由公司董事长王然主 持，董事黎华，独立董事黎青松、王宏斌、胡秀群出席现场会议，董事朱火孟、 叶伟、蔡泞检、周高波、张婷，独立董事胡正良以通讯方式参加会议。公司高级 管理人员黄剑、朱文星、吴林泽列席会议。本次会议的召集、召开程序符合《公 司法》和《公司章程》的有关规定。与会董事经充分审议，表决通过了以下决议： 一、会议以11票同意，0票反对，0票弃权，审议通过了关于公司2025年第三 季度报告的议案。 公司2025年第三季度报告的编制和审议程序符合法律、行政法规和中国证监 会的规 ...

Core Insights - The company reported third-quarter revenue of 1.202 billion yuan, representing a year-on-year increase of 2.19% [1] - Net profit for the third quarter was 64.7959 million yuan, showing a year-on-year decline of 22.13% [1] - For the first three quarters, total revenue was 3.923 billion yuan, reflecting a year-on-year decrease of 0.52% [1] - Net profit for the first three quarters amounted to 190 million yuan, down 32.11% year-on-year [1] Financial Performance - Third-quarter revenue: 1.202 billion yuan, up 2.19% year-on-year [1] - Third-quarter net profit: 64.7959 million yuan, down 22.13% year-on-year [1] - Year-to-date revenue: 3.923 billion yuan, down 0.52% year-on-year [1] - Year-to-date net profit: 190 million yuan, down 32.11% year-on-year [1]

Financial Performance - The company's operating revenue for Q3 2025 was CNY 1,201,515,465.56, representing a 2.19% increase compared to CNY 1,175,715,728.51 in the same period last year[5] - Net profit attributable to shareholders for Q3 2025 was CNY 64,795,852.06, a decrease of 22.13% from CNY 83,205,751.75 in the previous year[5] - The net profit after deducting non-recurring gains and losses was CNY 43,781,667.92, down 44.74% from CNY 79,222,830.00 year-on-year[5] - The company reported a basic earnings per share of CNY 0.0288, down 22.99% from CNY 0.0374 in the same period last year[5] - The weighted average return on equity for Q3 2025 was 1.00%, a decrease of 22.42% from 1.29% in the previous year[5] - The company's net profit for the reporting period decreased by 17.00% to CNY 743,939,661.16, primarily due to a decline in business volume and increased capacity costs[12] - The net profit attributable to the parent company was CNY 190,472,583.11, reflecting a 32.11% decrease compared to the previous period, driven by similar factors[12] - The total comprehensive income for the current period was 743,939,661.16 CNY, down from 896,329,432.65 CNY in the previous period, reflecting a decrease of approximately 17.0%[26] Assets and Liabilities - The company's total assets as of September 30, 2025, were CNY 9,834,027,209.30, a decrease of 15.28% from CNY 11,607,335,661.24 at the end of the previous year[5] - The company's current assets totaled ¥1,962,644,949.56, a decrease from ¥3,432,447,463.94 at the beginning of the period, indicating a decline of approximately 42.7%[21] - The total liabilities of the company amounted to ¥3,750,412,382.39, an increase from ¥2,894,413,683.72, reflecting a rise of approximately 29.5%[22] - The company's non-current assets decreased to ¥7,871,382,259.74 from ¥8,174,888,197.30, indicating a decline of about 3.7%[21] - The total equity attributable to shareholders decreased to ¥4,025,547,198.98 from ¥6,401,590,296.17, representing a decline of approximately 37.2%[22] Cash Flow - Operating cash flow increased by 1.53% to CNY 1,320,782,551.49, mainly due to a reduction in employee compensation payments[12] - The net cash flow from investing activities significantly decreased by 1051.16% to -CNY 2,556,828,917.37, largely due to payments for the acquisition of China COSCO Shipping Passenger Transport[12] - The net cash flow from financing activities improved by 61.52% to -CNY 413,508,974.57, primarily due to a decrease in dividend payments[12] - Cash flow from operating activities generated a net amount of 1,320,782,551.49 CNY, slightly up from 1,300,879,816.62 CNY in the previous period[29] - The company reported a net cash outflow from investing activities of -2,556,828,917.37 CNY, compared to -222,109,803.67 CNY in the previous period, indicating a significant increase in investment expenditures[30] - Cash flow from financing activities resulted in a net outflow of -413,508,974.57 CNY, compared to -1,074,648,668.69 CNY in the previous period, showing an improvement in financing cash flow[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 52,561, with no preferred shareholders[14] - The largest shareholder, Hainan Port and Shipping Holdings, holds 58.38% of the shares, totaling 1,304,545,468 shares[15] - As of September 30, 2025, 83 individuals exercised stock options, totaling 5,560,350 shares, with 1,617,150 options remaining unexercised[18] - The company has completed the registration of stock options for 94 incentive targets, with an exercise price of ¥5.119 per share, valid from July 21, 2025, to May 29, 2026[18] Operational Highlights - The number of vehicles transported on the Hainan shipping route reached 3.531 million, representing a year-over-year increase of 1.7%, while passenger transport decreased by 4.6% to 10.4406 million[19] - The Bohai Bay route saw a vehicle transport volume decrease of 9.8% to 268,200 vehicles, while passenger transport increased by 2.9% to 1.254 million[19] - The North Sea route experienced a significant increase in vehicle transport volume by 186.6% and passenger transport by 61.9% compared to the previous year[19] Financial Expenses and Income - The company reported a significant increase in financial expenses by 55.93% to CNY 51,105,404.26, mainly due to increased interest expenses[12] - Investment income turned negative at -CNY 1,712,734.22, a decrease of 290.08% due to losses from equity investments[12] Accounting and Reporting - The third quarter financial report of Hainan Strait Shipping Co., Ltd. has not been audited[31] - The new accounting standards will be implemented starting from 2025, affecting the financial statements from the beginning of that year[31] - The board of directors announced the financial report on October 27, 2025[31]

Market Overview - The Hainan Free Trade Zone concept declined by 0.80%, ranking among the top declines in concept sectors as of the market close on October 27 [1] - Within the sector, Haikou Group, Kangzhi Pharmaceutical, and Haixia Co. saw significant declines, while nine stocks experienced price increases, with Jinpan Technology, Junda Co., and *ST Shuangcheng leading the gains at 4.44%, 1.64%, and 1.62% respectively [1] Sector Performance - The top-performing concept sectors today included: - Storage Chips: +3.49% - AI PC: +3.20% - National Big Fund Holdings: +3.01% - Conversely, sectors such as E-sports and Hainan Free Trade Zone experienced declines of -0.84% and -0.80% respectively [1] Capital Flow - The Hainan Free Trade Zone concept saw a net outflow of 458 million yuan, with 17 stocks experiencing net outflows, and six stocks seeing outflows exceeding 30 million yuan [1] - Haixia Co. led the net outflow with 259.24 million yuan, followed by Gongxiao Daji, Haikou Group, and ST Huawen with outflows of 94.14 million yuan, 65.09 million yuan, and 57.09 million yuan respectively [1][2] Notable Stocks - Stocks with significant net inflows included: - Jinpan Technology: +65.42 million yuan - Caesar Travel: +36.09 million yuan - Hainan Huatie: +26.97 million yuan [1][2] - Other notable stocks with declines included: - Haixia Co.: -4.15% - Haikou Group: -4.74% - ST Huawen: -4.01% [2]

Core Insights - The shipping and port sector experienced a rise of 0.58% on October 27, with Bohai Ferry leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Stock Performance Summary - Bohai Ferry (603167) closed at 10.37, up 4.85%, with a trading volume of 203,300 shares and a turnover of 209 million yuan [1] - China Ocean Shipping (601083) closed at 12.39, up 1.56%, with a trading volume of 143,800 shares and a turnover of 178 million yuan [1] - The overall performance of the shipping and port sector stocks showed mixed results, with some stocks experiencing declines [2] Capital Flow Analysis - The shipping and port sector saw a net outflow of 363 million yuan from institutional investors, while retail investors contributed a net inflow of 336 million yuan [2] - The data indicates that retail investors were more active in the market compared to institutional investors on that day [2] Individual Stock Capital Flow - China Ocean Shipping (601919) had a net inflow of 2.32 billion yuan from institutional investors, while it faced a net outflow of 1.78 billion yuan from speculative funds [3] - China Ocean Energy (600026) saw a net inflow of 30.53 million yuan from institutional investors, with a net outflow of 64.80 million yuan from retail investors [3] - The capital flow data highlights the varying levels of interest from different types of investors across the sector [3]

Core Viewpoint - Hainan Strait Shipping Co., Ltd. experienced a stock price decline of 2.15% on October 27, with a current price of 13.20 CNY per share, despite a year-to-date increase of 102.76% [1] Financial Performance - For the first half of 2025, the company reported a revenue of 2.721 billion CNY, representing a year-on-year growth of 15.11%, while the net profit attributable to shareholders decreased by 47.30% to 126 million CNY [2] - Cumulatively, the company has distributed 1.740 billion CNY in dividends since its A-share listing, with 448 million CNY distributed over the past three years [3] Stock Market Activity - As of October 20, the number of shareholders increased by 76.36% to 97,000, while the average circulating shares per person decreased by 43.30% to 23,035 shares [2] - The stock has appeared on the daily trading leaderboard four times this year, with the most recent instance on October 22, where it recorded a net buy of -61.2852 million CNY [1] Business Segments - The company's main business segments include: Hainan routes (72.21%), Yandao routes (10.48%), Xisha routes (6.17%), port services (5.40%), and other routes (3.72%) [2] - The company operates within the transportation sector, specifically in shipping and port services, and is associated with concepts such as Hainan Free Trade Zone and central enterprise reform [2]

海峡股份今日下跌7.55%，全天换手率7.40%，成交额22.78亿元，振幅10.66%。龙虎榜数据显示，机构 净买入2103.09万元，深股通净卖出1.44亿元，营业部席位合计净买入2935.54万元。 深交所公开信息显示，当日该股因日跌幅偏离值达-7.12%上榜，机构专用席位净买入2103.09万元，深 股通净卖出1.44亿元。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交6.22亿元，其中，买入成交额为2.64亿 元，卖出成交额为3.58亿元，合计净卖出9333.06万元。 具体来看，今日上榜的营业部中，共有4家机构专用席位现身，即买二、买三、买四、卖二、卖三、卖 四、卖五，合计买入金额1.75亿元，卖出金额1.54亿元，合计净买入2103.09万元，深股通为第一大买入 营业部及第一大卖出营业部，买入金额为6012.50万元，卖出金额为2.04亿元，合计净卖出1.44亿元。 资金流向方面，今日该股主力资金净流出1.71亿元，其中，特大单净流出4461.17万元，大单资金净流出 1.27亿元。近5日主力资金净流出2.53亿元。 融资融券数据显示，该股最新（10月21日）两融余额为8.25亿元， ...

Group 1 - The Hainan Free Trade Zone concept declined by 2.61%, ranking among the top declines in concept sectors, with notable declines in companies such as Haima Automobile, Hainan Airlines, and Haikou Group [1][2] - Among the concept stocks, five showed an increase, with *ST Yedao, ST Huawen, and ST Huluwa leading with gains of 2.31%, 1.66%, and 1.45% respectively [1][2] - The Hainan Free Trade Zone concept experienced a net outflow of 1.399 billion yuan, with 24 stocks seeing net outflows, and five stocks exceeding 100 million yuan in outflows, led by Haima Automobile with a net outflow of 214 million yuan [2][3] Group 2 - The top gainers in the market today included the Combustible Ice concept with a rise of 4.06%, while the Hainan Free Trade Zone concept was among the top decliners [2] - The stocks with the highest net outflows included Haima Automobile (-8.35%), Hainan Airlines (-7.64%), and Hainan Supply and Marketing Group (-1.84%) [2][3] - The stocks with the highest net inflows included ST Huawen, *ST Yedao, and ST Huluwa, with net inflows of 10.26 million yuan, 4.34 million yuan, and 816,600 yuan respectively [2][3]

Core Insights - The Free Trade Port concept has seen a decline of 1.53%, ranking among the top declines in concept sectors as of October 22 [1][2] - Within the sector, notable declines were observed in companies such as Haima Automobile, Hainan Airlines, and Haikou Group, while a few companies like Changjiang Investment and Wanlin Logistics experienced gains [1][2] Market Performance - The Free Trade Port sector experienced a net outflow of 1.274 billion yuan, with 34 stocks seeing net outflows, and 6 stocks exceeding 100 million yuan in outflows [2] - Haima Automobile led the outflows with a net outflow of 214 million yuan, followed by Haixia Shares and China Duty Free with net outflows of 171 million yuan and 134 million yuan respectively [2][3] Stock Movements - The top decliners in the Free Trade Port sector included: - Haima Automobile: -8.35% with a turnover rate of 14.97% and a net outflow of 213.83 million yuan - Haixia Shares: -7.55% with a turnover rate of 7.40% and a net outflow of 171.22 million yuan - China Duty Free: -1.47% with a turnover rate of 0.89% and a net outflow of 134.22 million yuan [3] - Conversely, stocks with net inflows included: - Dongfang Jiasheng: +0.72% with a net inflow of 7.25 million yuan - Zhongyuan Shipping: +0.84% with a net inflow of 4.41 million yuan - Wanlin Logistics: +1.89% with a net inflow of 2.30 million yuan [3]

| 买入金额最大的前5名 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | ਖ਼ਿੰਦੇ | 交易管业部名称 | | | 买入全题(万) | 品质成交比例 | 奥出全额(万) | 品质成文比例 | 净题(万)0 | | 深胶通专用 | | 786次 46.06% | 0 | 6012.50 | 2 64% | 20384.19 | 8.96% | -14371.69 | | 2 机构专用 | | 1633次 42.25% | > | 5702.60 | 2.50% | 2599.09 | 1.14% | 3103 52 | | 3 机构专用 | | 1633次 42 25% | | 5575.63 | 2 45% | 7027.70 | 3.08% | -1452.07 | | 4 机构专用 | | 1633次 42 25% | | 4520.50 | 1.98% | 2967.40 | 1.30% | 1553.09 | | 5 | 国盛证券有限责任公司杭州建设三路证券营业部 | 16次 50.00% | ...