Group 1 - The company has nominated Mr. Wang Kunhui as a candidate for the position of executive director, which will be submitted for approval at the shareholders' meeting [2][11][13] - Mr. Wang Kunhui has been appointed as the general manager of the company, effective immediately following the board's approval [3][14] - The resignation of Mr. Zhang Mingwen from the position of general manager has been accepted by the board, effective immediately, with no disagreements reported [4][5] Group 2 - The board meeting on September 16, 2025, was attended by all six directors, and all resolutions were passed unanimously [10][12][17] - The board has also agreed to convene the second extraordinary general meeting of shareholders in 2025 [16]

齐鲁晚报·齐鲁壹点记者于中国海事局监管信息公开栏获悉，9月15日，扬州中远海运重工有限公司（下称"扬州中远海运重工"）收张家港海事局罚单，处罚 决定书文号：海事罚字[2025]06022020494-1-1。 | 中华人民共和国海事同 事 一 网 通 办 | 首页 | 政务服务 执法监管 | 信息公开 咨询投诉 | | | | --- | --- | --- | --- | --- | --- | | | | 1111 | | | | | | 查询服务 | 权责清单 | 政务信息公开 | 监管信息公开 | 海事政务服务好差评 | | | 处罚省 | 处罚信息公示详情 | | | | | | 处罚机 | | | | | | | | 被处罚人名称 | 扬州中远海运重工有限公司 | | | | | 统一社会 | 案由 | 在限制航速的区域和汛期高水位期间未按照海事管理机构规定的航速航行 | | | | | 序号 | 处罚决定书文号 | 海事罚字[2025]06022020494-1-1 | | | | | | 处罚内容 | 罚款人民币贰任元整 | | | | | T | 行政相对人(当事人)代 | | | | | ...

Company Overview - COSCO Shipping Technology Co., Ltd. was established in 2001 and listed on the Shenzhen Stock Exchange in 2010, focusing on the digitalization and intelligence of the transportation and shipping logistics supply chain industry [1] - The company operates primarily in two segments: Digital Shipping and Supply Chain, and Digital City and Transportation [1] - The Digital City and Transportation segment has been active since the company's inception, providing comprehensive digital solutions for urban management and highway operations, with a leading market share in integrated toll collection software [1] - The Digital Shipping and Supply Chain segment began developing after the integration of Shanghai Ship Research Institute and has created a complete digital technology stack, offering core intelligent products like "Ship Vision" and "Hi-Dolphin" [1] Data Elements and AI Applications - The company utilizes big data, cloud computing, and artificial intelligence to develop products such as "Ship Vision" and "Hi-Dolphin" [2] - The "Ship Vision" platform employs intelligent recognition technology for the entire lifecycle of ship navigation, analyzing public data to create various predictive and warning models [2] - "Hi-Dolphin" is the first large model in the shipping industry in China, featuring a knowledge graph and intelligent coordination system to enhance data analysis and decision-making capabilities [2] Business Model of Ship Vision - The "Ship Vision" platform offers general functions through SaaS and API services, with options for customized development based on client needs [3] - There is a positive growth trend in the number of users, API calls, and contracted companies for the "Ship Vision" platform, with plans for increased market promotion [3] Future Business Development - The two main business segments are experiencing different trends; the Digital Shipping and Supply Chain business is thriving due to digital transformation opportunities, while the Digital City and Transportation segment faces revenue and profit declines due to decreased customer demand and increased competition [4] - The company aims to strengthen its Digital Shipping and Supply Chain business, explore international markets, and optimize the Digital City and Transportation segment by expanding high-value-added services [4] - Overall revenue stability is expected, with growth anticipated in the Digital Shipping and Supply Chain business and challenges in the Digital City and Transportation segment [4] Market Potential in Digital Shipping and Supply Chain - There is significant demand for shipping technology and digitalization in the shipping financial sector and other upstream and downstream industries [5] - The company is committed to becoming a world-class shipping technology enterprise, collaborating within the COSCO Shipping Group to develop digital solutions that enhance efficiency and reduce costs [5] Market Value Management - The company emphasizes market value management, aiming for its stock price to reflect its true value through technological innovation and high-quality development [6] - Currently, there are no plans for share buybacks or increases in holdings [6]

Group 1 - The company will hold its first extraordinary general meeting of shareholders in 2025 on September 25 at 16:00 [1][3] - The meeting will be conducted using a combination of on-site and online voting methods [1][3] - The on-site meeting will take place at the company's conference room located at 20th Floor, Guangzhou Ocean Building, 20 Huacheng Avenue, Tianhe District, Guangzhou, Guangdong Province [1][3] Group 2 - The online voting system will be the Shanghai Stock Exchange's shareholder meeting online voting system, available from 9:15 to 15:00 on the day of the meeting [1][3] - Shareholders can vote through the trading system or the internet voting platform [4][5] - Specific voting procedures for margin trading, transfer, and other related accounts are outlined in accordance with relevant regulations [1][4] Group 3 - The meeting will review several proposals, with the first proposal already approved by the company's board [2][4] - Special resolutions and proposals requiring separate counting for minority investors will be included in the agenda [4][5] - Related shareholders, such as China Ocean Shipping Company and others, are required to abstain from voting on certain proposals [4][5] Group 4 - Shareholders must complete voting for all proposals before submission [7] - The cumulative voting system will be used for electing directors and independent directors [8][19] - Detailed registration methods for attending the meeting are provided, including necessary documentation for both individual and corporate shareholders [11][12][13]

Group 1 - The company is convening its second extraordinary general meeting of shareholders in 2025 on September 26, 2025, at 10:00 AM in Shanghai [1][4] - The voting method for the meeting will combine on-site voting and online voting through the Shanghai Stock Exchange's network voting system [1][2] - Shareholders must register to attend the meeting, with registration open from 9:00 AM to 9:55 AM on the day of the meeting [13] Group 2 - The online voting will be available on the same day from 9:15 AM to 3:00 PM, with specific time slots for trading system voting [2] - The meeting will include special resolutions and will not involve any related party voting or preferential shareholders [6] - Shareholders can delegate their voting rights to representatives, who do not need to be shareholders themselves [9][15] Group 3 - The company has disclosed the agenda and resolutions for the meeting in previous announcements, which can be found on the Shanghai Stock Exchange website [5] - The company will ensure that all voting rights are counted accurately, especially for shareholders with multiple accounts [6][7] - Contact information for the company is provided for any inquiries related to the meeting [16]

Group 1 - The company held its 2025 first board meeting on August 29, 2025, where all 9 directors attended and approved several key resolutions [3][4][12] - The board approved the release of the 2025 semi-annual report and interim performance announcement, which is available on the Shanghai Stock Exchange website [4][12] - The board also approved the risk assessment report for the China COSCO Shipping Financial Co., Ltd. for the first half of 2025 [7][10] Group 2 - The supervisory board held its sixth meeting on August 29, 2025, with all four supervisors present, and approved the same key resolutions as the board [15][16] - The supervisory board confirmed that the semi-annual report was prepared and reviewed in compliance with relevant laws and regulations [16][17] - The supervisory board also approved the risk assessment report for the China COSCO Shipping Financial Co., Ltd., with two supervisors abstaining from the vote [18]

Core Viewpoint - China COSCO Shipping Development Co., Ltd. (referred to as "COSCO Shipping Development") has approved a share buyback plan for A-shares, with a total buyback amount estimated between RMB 152.4 million and RMB 304.8 million, aiming to repurchase between 40 million to 80 million shares, which represents 0.3031% to 0.6062% of the total share capital [1][2]. Group 1: Buyback Plan Details - The buyback will be conducted through centralized bidding, with a maximum repurchase price set at RMB 3.81 per share, which is 150% of the average trading price over the previous 30 trading days [1]. - The funding for the buyback will come from the company's own funds and self-raised funds, and the repurchased shares will be used to reduce registered capital [1]. - The buyback period will last from the approval date by the shareholders' meeting until the end of the 2025 annual shareholders' meeting, which is expected to be held by June 30, 2026 [1]. Group 2: Impact on Share Structure - Following the buyback, the number of A-shares in circulation will decrease, while the number of H-shares will remain unchanged, leading to a reduction in total share capital [2]. - The indirect controlling shareholder, China COSCO Shipping Group Co., Ltd., and its concerted parties will see their shareholding percentage increase, but this will not change the control of the company or its listing status [2]. - As of June 30, 2025, the total assets of the company were RMB 130.288 billion, with net assets attributable to shareholders at RMB 30.618 billion, and cash holdings of RMB 10.939 billion. The maximum buyback amount represents 0.23% of total assets, 1.00% of net assets, and 2.79% of cash holdings [2]. Group 3: H-share Buyback and Risks - In addition to the A-share buyback, the company plans to implement a simultaneous buyback of H-shares without needing further approval from the shareholders' meeting [3]. - The A-share buyback plan is subject to approval by the shareholders' meeting, and if not approved, the plan cannot be executed [3]. - Potential risks include the stock price exceeding the buyback price limit, which may hinder the execution of the buyback plan, as well as significant changes in the company's operational, financial status, or regulatory environment that could impact the buyback [3].

Group 1 - The central theme emphasizes the importance of promoting integrity culture within the China Ocean Shipping Group as part of the broader initiative to enforce strict party governance responsibilities [1][2] - The company has developed an AI assistant named "Lian Xiao Te" to facilitate self-service inquiries regarding integrity-related regulations and to enhance the education of employees on integrity culture [1] - Various educational activities are being organized, including writing integrity letters, discussions, and creative cultural activities to embed integrity culture into the daily lives of employees [3] Group 2 - The disciplinary inspection team is implementing a comprehensive approach to combat corruption by combining both positive and negative educational methods to foster a culture of integrity [2] - Regular visits and discussions with employees and their families are conducted to understand their living conditions and promote family values that support integrity [2] - The establishment of integrity culture walls and thematic exhibitions in various enterprises aims to make integrity culture a visible and integral part of the workplace environment [3]

Group 1 - The core viewpoint of the news is that China COSCO Shipping Technology Co., Ltd. has applied for a patent for a workflow design method and system based on Raphael, indicating its focus on innovation in workflow management technology [1] - The patent application was filed on April 2025, with the publication number CN120492102A, showcasing the company's commitment to developing advanced technological solutions [1] - The workflow design method utilizes a web-based process designer built on the Raphael vector graphics library, which allows for the creation of flowcharts that include start nodes, task nodes, end nodes, and transition lines [1] Group 2 - China COSCO Shipping Technology Co., Ltd. was established in 1993 and is located in Shanghai, primarily engaged in research and experimental development [2] - The company has a registered capital of 371.66844 million RMB and has made investments in 15 enterprises, demonstrating its active role in the market [2] - The company has participated in 2,825 bidding projects and holds 346 patents, indicating a strong focus on innovation and intellectual property [2]

Core Points - The company held its tenth board meeting on August 15, 2025, where several key resolutions were passed regarding investment plans, asset disposals, and governance structure changes [1][12][16] Group 1: Investment and Asset Management - The board approved the 2025 annual investment and asset disposal adjustment plan [1] - The company will dispose of three vessels, "Yuan Sheng Hu," "Fei Chi," and "Yue Chi," through second-hand ship transfers at no less than the assessed price [3] - The board also approved the initiation of a project to upgrade the buoy business system, with a total cost not exceeding RMB 16 million [5] Group 2: Governance Structure Changes - The board agreed to abolish the supervisory board and amend 25 governance documents, transferring the supervisory functions to the audit committee of the board [8][16] - The revised governance documents will be submitted for shareholder approval and will take effect after registration with the market authority [17][18] - The company emphasized that the cancellation of the supervisory board will not adversely affect its governance or operations [16]