CMES(SH:601872) 2 1 Shi Ji Jing Ji Bao Dao·2025-10-30 06:13Core Viewpoint - The recent delivery and naming ceremony of the "Mingxiao" bulk carrier by China Merchants Energy Shipping Company has led to a significant increase in the company's stock price, reaching a new high since October 2015, indicating strong market interest and confidence in the company's future prospects [1][2]. Group 1: Company Developments - On October 29, China Merchants Energy Shipping announced the delivery of the "Mingxiao" bulk carrier, designed for flexible multi-cargo transportation, particularly excelling in grain transport [1]. - The "Mingxiao" vessel is part of a series designed by Shanghai Shipbuilding Research Institute, featuring advanced environmental compliance technologies such as SCR and desulfurization systems [1]. - The company has a total of 104 bulk carriers in operation, with a diverse fleet composition, including 37 VLOCs, 16 Capesize bulk carriers, and 8 Kamsarmax/Panamax bulk carriers [2]. Group 2: Financial Performance - For the first three quarters of the year, the company reported total revenue of 19.31 billion yuan, a slight increase of 0.07% year-on-year, while net profit attributable to shareholders decreased by 2.06% to 3.3 billion yuan [2]. - The net cash flow from operating activities was reported at 5.803 billion yuan, reflecting a decline of 9.35% compared to the previous year [2].