Hengtong Logistics(SH:603223) Zheng Quan Ri Bao Wang·2026-01-20 11:49Core Viewpoint - Hengtong Logistics Co., Ltd. (Hengtong Shares) has announced significant performance growth for 2025, alongside changes in share repurchase plans and capital reduction, reflecting a positive development trend and commitment to shareholder returns [1][2][3] Financial Performance - Hengtong Shares expects a net profit attributable to shareholders of 250 million to 280 million yuan for 2025, representing a year-on-year increase of 61.22% to 80.57% [1] - The net profit, excluding non-recurring gains and losses, is also projected to be between 250 million and 280 million yuan, with a growth rate of 63.47% to 83.09% [1] - The primary driver for this performance increase is the operational commencement of production berths by its wholly-owned subsidiary, Shandong Yulong Port Co., Ltd., leading to a significant rise in port throughput and utilization rates [1] Share Repurchase and Capital Reduction - The company plans to change the purpose of 8.3649 million shares repurchased in 2024 from employee stock ownership plans to capital reduction, which will be submitted for shareholder approval [2] - Following the cancellation of these shares, the total share capital will decrease from 714 million shares to 706 million shares [2] Investor Confidence and Market Strategy - The company aims to enhance investor confidence and protect shareholder interests through these measures [3] - A new share repurchase plan has been approved, with a total fund of no less than 80 million yuan and no more than 100 million yuan, at a maximum price of 14.50 yuan per share, with all repurchased shares intended for cancellation [3] - The simultaneous announcement of performance growth and the "old share cancellation + new share repurchase" strategy sends multiple positive signals to the market, indicating management's confidence in the company's future prospects [3]