江苏海晨物流股份有限公司 章程 二〇二五年六月 | 第一章 | | 总则 | 1 | | --- | --- | --- | --- | | 第二章 | | 经营宗旨和范围 | 2 | | 第三章 | | 股份 | 3 | | | 第一节 | 股份发行 | 3 | | | 第二节 | 股份增减和回购 | 4 | | | 第三节 | 股份转让 | 6 | | 第四章 | | 股东和股东会 | 7 | | | 第一节 | 股东的一般规定 | 7 | | | 第二节 | 控股股东和实际控制人 | 9 | | | 第三节 | 股东会的一般规定 11 | | | | 第四节 | 股东会的召集 | 14 | | | 第五节 | 股东会的提案与通知 | 16 | | | 第六节 | 股东会的召开 | 18 | | | 第七节 | 股东会的表决和决议 | 21 | | 第五章 | | 董事和董事会 | 25 | | | 第一节 | 董事的一般规定 | 25 | | | 第二节 | 董事会 | 29 | | | 第三节 | 独立董事 | 34 | | | 第四节 | 董事会专门委员会 | 37 | | 第六章 | | 高级管理 ...

证券代码：300873 证券简称：海晨股份 公告编号：2025-028 江苏海晨物流股份有限公司 关于董事会延期换届选举的提示性公告 江苏海晨物流股份有限公司 董事会 2025 年 6 月 7 日 1 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。 江苏海晨物流股份有限公司（以下简称"公司"）第三届董事会的任期届满， 鉴于相关换届工作尚在筹备中，为确保公司董事会工作的连续性，公司董事会将 延期换届，董事会各专门委员会及高级管理人员的任期也将相应顺延。 在换届选举完成前，公司第三届董事会全体董事、董事会各专门委员会成员 及高级管理人员将依照相关法律法规和《公司章程》等有关规定继续履行其义务 和职责。 公司董事会的延期换届不会影响公司的正常运营。公司将加快推进董事会换 届选举工作进程，并及时履行信息披露义务。 特此公告。 ...

证券代码：300873 证券简称：海晨股份 公告编号：2025-026 江苏海晨物流股份有限公司 关于修订《公司章程》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。 一、《公司章程》修订基本情况 根据《中华人民共和国公司法》、《中华人民共和国证券法》、《上市公司 章程指引》、《深圳证券交易所创业板股票上市规则》、《深圳证券交易所上市 公司自律监管指引第 2 号——创业板上市公司规范运作》和其他有关规定，为进 一步优化公司治理结构，江苏海晨物流股份有限公司（以下简称"公司"）于 2025 年 6 月 6 日召开了第三届董事会第二十二次会议，审议修订了《公司章程》，具 体修订如下： 第一百〇九条 修订前： 公司设董事会，董事会由七名董事组成，设董事长一人，独立董事 3 人，可 以设副董事长。董事长和副董事长由董事会以全体董事的过半数选举产生。 第一百〇九条 修订后： 公司设董事会，董事会由七名董事组成，设董事长一人，独立董事人数不少 于三分之一，可以设副董事长。董事长和副董事长由董事会以全体董事的过半数 选举产生。 第一百一十八条 修订前： 董事会召开临时 ...

江苏海晨物流股份有限公司 关于召开 2024 年年度股东大会的通知 证券代码：300873 证券简称：海晨股份 公告编号：2025-027 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。 江苏海晨物流股份有限公司（以下简称"公司"）第三届董事会第二十二次会 议决定于 2025 年 6 月 27 日（星期五）下午 14:30 在本公司召开 2024 年年度股 东大会（以下简称"本次股东大会"），本次股东大会将采用现场投票和网络投票 相结合的方式，根据有关规定，现将股东大会的相关事项通知如下： 一、召开会议的基本情况 1、股东大会届次：2024年年度股东大会 2、会议召集人：董事会 3、会议召开的合法、合规性：本次股东大会的召集、召开符合有关法律、 行政法规、部门规章、规范性文件和《公司章程》等相关规定。 4、会议时间： （1）现场会议时间：2025 年 6 月 27 日（星期五）下午 14:30 开始； （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的时间为 2025 年 6 月 27 日上午 9:15-9:25，9:30-11:30，下午 13:0 ...

二、董事会会议审议情况 1、审议通过《关于修订公司章程的议案》 具体内容详见同日刊登于巨潮资讯网（http://www.cninfo.com.cn）《关于修订公司章 程的公告》及《公司章程（2025年6月）》。 表决结果：7票同意，0票反对，0票弃权。 证券代码：300873 证券简称：海晨股份 公告编号：2025-025 江苏海晨物流股份有限公司 第三届董事会第二十二次会议决议的公告 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。 一、董事会会议召开情况 江苏海晨物流股份有限公司（以下简称"公司"）已于 2025 年 6 月 3 日向公司全体董 事发出会议通知，以现场加通讯表决方式于 2025 年 6 月 6 日召开第三届董事会第二十 二次会议并作出本董事会决议。本次董事会会议应出席董事 7 人，实际出席董事 7 人， 会议由董事长梁晨女士主持，符合《中华人民共和国公司法》和《公司章程》关于召开 董事会会议的规定。 特此公告。 1 江苏海晨物流股份有限公司 董事会 2025 年 6 月 7 日 2 2、审议通过《关于提请召开公司 2024 年年度股东大会的议 ...

Investment Rating - The report maintains a "Strong Buy" rating for the transportation industry, particularly highlighting opportunities in the shipping and port sectors [4]. Core Insights - The transportation industry is experiencing a mixed performance, with shipping and port sectors under pressure while the express delivery sector continues to grow [1][2]. - The shipping market is expected to recover gradually, with signs of improvement in oil transportation and a stable outlook for port operations despite recent challenges [1][25]. - The express delivery sector is projected to maintain robust growth, although average ticket prices are declining due to increased competition and a shift towards lower-value packages [1][3]. Summary by Sections Shipping and Port Sector - In Q1 2025, the oil transportation market started weakly, with VLCC market performance significantly lower than the same period last year. The overall revenue for 14 listed shipping companies in 2024 was CNY 364.97 billion, a 26.47% increase year-on-year, while net profit rose by 68.72% to CNY 66.79 billion [13][19]. - The port sector showed relative stability in performance, with 18 listed port companies reporting a total revenue of CNY 222.90 billion in 2024, a slight increase of 0.62%, but net profit decreased by 21.78% to CNY 32.22 billion [26][30]. Aviation and Airport Sector - The aviation industry is witnessing a divergence in performance, with traditional full-service airlines facing challenges while low-cost carriers are gaining market share. The overall passenger traffic is recovering, but ticket prices remain weak, impacting profitability [1][2]. - Airport non-aeronautical revenues are under pressure due to new tax agreements affecting profit margins. For instance, the new duty-free agreement at Shanghai Airport has reduced profit elasticity [1][2]. Express Delivery Sector - The express delivery industry in 2024 is expected to see a business volume of 174.5 billion packages, a 21% increase year-on-year, with total revenue reaching CNY 1.4 trillion, up 13% [1][2]. - The average ticket price for express delivery has decreased from CNY 9.1 to CNY 8.0 due to the increasing proportion of low-value packages and heightened competition among leading companies [1][2]. Road and Rail Sector - The railway passenger volume growth reached double digits in 2024, with a total of 4.31 billion passengers, a year-on-year increase of 11.9%. The total freight volume was 5.17 billion tons, up 2.8% [1][2]. - The road transport sector also showed growth, with freight volume reaching 41.88 billion tons, a 3.8% increase, and passenger transport volume at 11.78 billion, up 7% [1][2].

Investment Rating - The report recommends investing in the logistics sector, specifically highlighting SF Holding as a strong candidate due to its valuation, operational resilience, and shareholder returns [2]. Core Insights - The express delivery sector saw a year-on-year growth of 19.1% in business volume for April, while the average revenue per package decreased by 7% [2]. - The logistics sector is under pressure with domestic shipping prices for liquid chemicals declining, but there is a push towards smart logistics, with Hai Chen Co. being recommended [3]. - The aviation sector is experiencing a recovery with an increase in flight operations and a new visa-free policy expected to boost inbound tourism [4]. Summary by Sections Transportation Market Review - The transportation index increased by 2.1% from May 10 to May 16, outperforming the Shanghai Composite Index by 1% [12]. Express Delivery - In April, the express delivery business volume reached 163.2 billion packages, a 19.1% increase year-on-year, with revenue of 121.28 billion yuan, up 10.8% [2]. - The average revenue per package was 7.43 yuan, down 7% year-on-year [2]. Logistics - The domestic shipping price for liquid chemicals was 163 yuan/ton, down 15.1% year-on-year [3]. - Hai Chen Co. is recommended due to its focus on smart logistics and improving demand in the consumer electronics sector [3]. Aviation and Airports - The average daily flight operations reached 14,919, a 5.58% increase year-on-year, with international flights up 17.67% [4]. - The introduction of visa-free travel for five countries is expected to enhance tourism [4]. Shipping - The export container shipping index (CCFI) was 1,104.88 points, down 0.1% week-on-week and down 20.5% year-on-year [22]. - The domestic container shipping index (PDCI) was 1,163 points, down 0.8% week-on-week but up 7.8% year-on-year [33]. Road and Rail - National highway truck traffic increased by 15.15% week-on-week, with a total of 51.75 million trucks [82]. - Railway passenger turnover was 1,121.34 billion person-kilometers, down 1.31% year-on-year [79].

证券代码：300873 证券简称：海晨股份 公告编号：2025-024 江苏海晨物流股份有限公司 关于2025年限制性股票激励计划授予登记完成的公告 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。 重要内容提示： ●限制性股票上市日期：2025年5月13日 ●限制性股票登记数量：240万股 ●限制性股票授予价格：10.81元/股 ●限制性股票授予登记人数：合计32人 事会关于公司 2025 年限制性股票激励计划授予激励对象名单的核查意见及公示 情况说明》及《关于 2025 年限制性股票激励计划内幕信息知情人买卖公司股票 情况的自查报告》。 （三）2025 年 3 月 13 日，公司召开 2025 年第一次临时股东大会，审议并 通过《关于<公司 2025 年限制性股票激励计划（草案）>及其摘要的议案》《关 于<公司 2025 年限制性股票激励计划实施考核管理办法>的议案》《关于提请股 东大会授权董事会办理公司 2025 年限制性股票激励计划有关事项的议案》等议 案。 （四）2025 年 4 月 24 日，公司召开第三届董事会第二十一次会议、第三届 监事会第二十一 ...

Group 1: Robotics and Automation Development - The company has successfully implemented humanoid robots in logistics operations, aiming to reduce operational costs by an estimated percentage in 2025 compared to 2024 [1] - A strategic cooperation agreement was signed with a leading domestic robotics company to enhance collaboration in intelligent logistics robots and automated warehousing systems [1][2] - The company focuses on developing motion control systems and intelligent warehouse coordination systems as core technologies for logistics robots [2] Group 2: Business Growth and Project Delivery - In 2024, the company achieved rapid growth in its AMHS and logistics robot manufacturing sectors, successfully delivering multiple projects across mainland China and Taiwan [3] - The company has completed its main technical renovation project in Hefei and is progressing with intelligent warehousing projects in Changzhou and Shenzhen [3] Group 3: Future R&D Directions - Future R&D will emphasize artificial intelligence, robotics, and digital human technologies, aiming to integrate new technologies into production logistics [4] - The company plans to expand its automated warehousing base and enhance digital infrastructure through the use of digital twin and IoT technologies [4] Group 4: Market Position and Strategy - The logistics industry is experiencing unprecedented growth opportunities due to the transformation and upgrading of China's manufacturing sector [4] - The company aims to become a leading provider of intelligent logistics solutions and equipment manufacturing by focusing on technology-driven innovation [4] Group 5: Financial Performance - The company's contract liabilities increased by approximately 5 million yuan, attributed to multiple prepayments from contracts in the automation business [4]

Financial Performance - In 2024, the company achieved operating revenue of 16.5 billion yuan, a decrease of 9.7% compared to the same period last year, reflecting operational resilience amid complex domestic and international environments [1] - The net profit attributable to shareholders reached 2.9 billion yuan, an increase of 4.4% year-on-year, driven by automation investments, R&D innovations, and lean management strategies [1] - As of December 31, 2024, total assets amounted to 48.4 billion yuan, a year-on-year increase of 14.1%, while net assets were 32.8 billion yuan, up 10.4% [1] - In Q1 2025, the company reported operating revenue of 4.0 billion yuan, a slight decline of 0.39% year-on-year, with a net profit of 0.58 billion yuan, a modest increase of 0.99% [1] Business Development - The company made significant progress in the consumer electronics and new energy vehicle sectors, effectively offsetting challenges from reduced business volume in certain clients [2] - The logistics equipment and robotics segment generated 1.4 billion yuan in revenue, primarily serving semiconductor and panel industry clients, and successfully completed multiple benchmark projects [2] - The company is recognized as a key player in the domestic AMHS (Automated Material Handling System) market, with plans to enhance R&D and product competitiveness [2] Technological Advancements - The company is focusing on the application of artificial intelligence and robotics in production logistics, leveraging extensive data and proprietary computing resources to develop industry-specific models [3] - Key areas of development include digital employees, path optimization, and intelligent resource scheduling, aimed at reducing labor costs and improving operational efficiency [3] - A humanoid robot R&D team has been established to enhance logistics operations, with successful applications in material handling, sorting, and equipment maintenance [3] Strategic Partnerships - The collaboration with humanoid robot manufacturers aims to overcome technical challenges in large-scale applications, leveraging the company's expertise in intelligent logistics systems [4][5] - The partnership focuses on creating benchmark products in manufacturing logistics, utilizing the company's multi-modal device scheduling platform and digital twin systems [5] Future Outlook - The company emphasizes investor returns, with a trend of increasing total dividends and dividend yield in recent years, planning to develop reasonable profit distribution schemes [5] - Future capital expenditures will focus on "new infrastructure, carbon neutrality, and automation," with ongoing projects in key manufacturing regions [5]