大秦铁路（601006）(601006.SH)公告，于2025年12月，公司核心经营资产大秦线完成货物运输量3443 万吨，同比减少1.68%。日均运量111.06万吨。大秦线日均开行重车71.5列，其中：日均开行2万吨列车 50.4列。2025年1-12月，大秦线累计完成货物运输量39004万吨，同比减少0.54%。 ...

Core Viewpoint - The company reported a slight increase in cargo transportation volume for the Daqin Line in November 2025, indicating stable operational performance despite a year-to-date decline in total cargo volume [1] Group 1: Transportation Volume - In November 2025, the Daqin Line achieved a cargo transportation volume of 37.22 million tons, representing a year-on-year increase of 1.75% [1] - The average daily transportation volume for the Daqin Line was 1.24 million tons [1] - The Daqin Line operated an average of 83.4 heavy trains per day, with 61.4 of those being 20,000-ton trains [1] Group 2: Year-to-Date Performance - From January to November 2025, the cumulative cargo transportation volume for the Daqin Line was 355.6 million tons, showing a year-on-year decrease of 0.43% [1]

Core Viewpoint - The announcement from Daqin Railway indicates a slight increase in cargo transportation volume for the Daqin Line in September 2025, while showing a minor decline in the cumulative volume for the year-to-date period [1] Group 1: Transportation Volume - In September 2025, the Daqin Line achieved a cargo transportation volume of 33.05 million tons, representing a year-on-year increase of 3.25% [1] - The average daily transportation volume for September 2025 was 1.1017 million tons [1] - The Daqin Line operated an average of 70.3 heavy trains per day, with 52.6 of those being 20,000-ton trains [1] Group 2: Year-to-Date Performance - From January to September 2025, the cumulative cargo transportation volume for the Daqin Line was 285.87 million tons, reflecting a year-on-year decrease of 0.20% [1]

Core Viewpoint - The company reported an increase in cargo transportation volume for the Daqin Line in September 2025, indicating a positive trend in operational performance despite a slight decline in year-to-date figures [1] Group 1: Transportation Volume - In September 2025, the Daqin Line achieved a cargo transportation volume of 33.05 million tons, representing a year-on-year increase of 3.25% [1] - The average daily transportation volume reached 1.1017 million tons [1] - The Daqin Line operated an average of 70.3 heavy trains daily, with 52.6 of those being 20,000-ton trains [1] Group 2: Year-to-Date Performance - From January to September 2025, the cumulative cargo transportation volume for the Daqin Line was 285.87 million tons, showing a year-on-year decrease of 0.20% [1]

Core Insights - The railway cargo volume between Iran and Pakistan has reached 24,000 tons in the past five months, with an expectation to reach 100,000 tons by the end of the year [1] - There are existing obstacles in the railway network connection between the two countries, but both sides have agreed to study solutions by the end of the year [1] - Reconstruction of the railway connection is planned to begin in early 2026, during which regular cargo transit trains will be arranged between Iran, Pakistan, and Turkey, increasing existing capacity fivefold [1]

Core Insights - The company reported a cargo transportation volume of 31.79 million tons for the Daqin Line in July 2025, representing a year-on-year increase of 5.40% [1] - The average daily transportation volume reached 1.0255 million tons, with an average of 68 heavy trains operating daily, including 46 trains of 20,000 tons each [1] - For the period from January to July 2025, the cumulative cargo transportation volume was 220.52 million tons, showing a year-on-year decrease of 1.15% [1]