Core Points - The Russian government has implemented special management measures for companies involved in defense orders and key civilian industries during the special military operation [1] - The decree allows the government to suspend shareholder rights and management powers of companies that fail to fulfill contract obligations in critical sectors such as defense, civil aviation, and shipbuilding [1] - A special working group will be established to oversee the implementation of these measures, with a requirement for the government to complete regulatory adjustments within two months [1] Industry Impact - The decree signifies increased government control over strategic industries, potentially affecting operational autonomy for companies in the defense and civilian sectors [1] - Companies in the defense and civil aviation sectors may face heightened scrutiny and operational challenges due to the new management measures [1] - The establishment of a supervisory group indicates a structured approach to enforce compliance and manage risks associated with contract fulfillment in critical industries [1]

Overview - Tianhai Defense Equipment Technology Co., Ltd. plans to provide a guarantee for its wholly-owned subsidiary, Jiangsu Dajin Heavy Industry Co., Ltd., for the construction of a 40,400-ton bulk carrier, with a guarantee amount not exceeding 6 million USD, equivalent to approximately 43.11 million RMB [1][5]. Company and Subsidiary Information - Jiangsu Dajin Heavy Industry Co., Ltd. was established on December 24, 2012, with a registered capital of 500 million RMB and is located in Yangzhong City, Jiangsu Province [2]. - The company specializes in shipbuilding, energy-saving and environmental protection equipment, marine engineering equipment manufacturing, and related technical services [2][4]. Financial Indicators - As of March 31, 2025, Jiangsu Dajin Heavy Industry reported total assets of approximately 371.79 million RMB and total liabilities of about 261.43 million RMB, resulting in net assets of approximately 110.36 million RMB [3]. - For the first quarter of 2025, the company reported operating income of approximately 67.31 million RMB and a net profit of about 6.61 million RMB [3]. Guarantee Details - The guarantee is irrevocable and ensures that if the buyer requests a refund before the delivery of the ship, the company will refund within 40 days, provided the buyer has made the first installment payment [5][6]. - The total amount of guarantees provided by the company to its subsidiaries has reached approximately 309.64 million RMB, which is 147.91% of the company's audited net assets as of December 31, 2024 [6][7].

Group 1 - The core index, the China Securities National New Central Enterprises Modern Industry Leading Index, rose by 1.33% to 1166.46 points with a trading volume of 20.746 billion yuan [1] - Over the past month, the index has increased by 0.43%, but it has decreased by 4.56% over the past three months and by 5.29% year-to-date [1] - The index is customized by Guoxin Investment Co., Ltd., selecting 50 representative listed companies in fields such as new mobile technology, new energy, new materials, and high-end equipment from state-owned enterprises [1] Group 2 - The top ten weighted stocks in the index include China Telecom (9.94%), Hikvision (9.38%), China Mobile (9.3%), CRRC (7.34%), China Unicom (6.6%), China Shipbuilding (5.97%), Three Gorges Energy (5.35%), China Heavy Industry (3.59%), Baosteel (3.43%), and SMIC (2.99%) [1] - The index's holdings are primarily listed on the Shanghai Stock Exchange (68.55%) and the Shenzhen Stock Exchange (31.45%) [1] Group 3 - The industry composition of the index shows that information technology accounts for 30.35%, communication services for 29.67%, industrials for 24.19%, materials for 7.73%, utilities for 5.54%, healthcare for 2.03%, and consumer staples for 0.49% [2] - The index samples are adjusted semi-annually, with adjustments occurring on the next trading day after the second Friday of June and December each year [2] - Weight factors are adjusted in line with sample changes, and temporary adjustments may occur under special circumstances [2]

证券代码：601989 证券简称：中国重工 公告编号：临2025-029 中国船舶重工股份有限公司 重要内容提示： ● 本次会议是否有否决议案：无 一、会议召开和出席情况 2024年年度股东会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 (一)股东会召开的时间：2025年5月28日 (二)股东会召开的地点：北京市海淀区昆明湖南路72号118会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： ■ 审议结果：通过 (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东会以现场投票与网络投票相结合的方式进行表决，表决方式符合《公司法》及《公司章程》的 规定，本次股东会主持人为公司董事、副总经理（主持工作）、财务总监姚祖辉。 (五)公司董事、监事和董事会秘书的出席情况 1、公司在任董事10人，出席7人，董事长王永良、董事付向昭、姜涛因工作原因未能出席本次会议； 2、公司在任监事7人，出席3人，监事刘志勇、王勇智、谢远文、金丰铁因工作原因未能出席本次会 议； 3、公司董事会 ...

中新网绍兴5月28日电(项菁沈嘉玲)5月28日，杭甬运河永和联甬临港产业区启动暨纯甲醇电动智能船全 球首台套项目启动仪式在浙江省绍兴市上虞区永和镇举行，这也意味着杭甬运河沿线将打造双百亿级临 港产业集群，千年"黄金水道"再添新活力。 杭甬运河，古称浙东运河，至今已有2500多年历史，自西向东连接着杭州、绍兴、宁波。其中，沿线的 永和镇因水而兴、航运发达，历史上曾是运河沿岸繁荣的商埠。 如今，永和镇坐拥绍兴"H形千吨级航道网"核心枢纽，向东直连宁波舟山港，向西融入浙北高等级航道 网，向北贯通上海国际航运中心，向南衔接义乌国际陆港，形成"江河海联运、水陆铁衔接"的多式联运 格局。 依托得天独厚的水运优势，杭甬运河永和联甬临港产业区应运而生。 据介绍，该产业区规划占地面积500亩，计划打造覆盖甬绍、辐射华东地区的"水运+公路"多式联运港口 枢纽。建成后，该产业区将形成"前港后市"两期区域，以及集散物流中心、新能源智能船舶制造、绿色 金属加工及交易三大产业区块，并打造成双百亿级临港产业集群，推动传统水运向绿色化、智能化转 型。 作为该产业区的重点项目，纯甲醇电动智能船全球首台套项目也于当日正式启建。该船型采用甲醇清洁 ...

Core Viewpoint - The legal opinion letter confirms that the 2024 annual general meeting of China Shipbuilding Industry Corporation will be held on May 28, 2025, and that all procedures and qualifications for the meeting comply with relevant laws and regulations [1][5][9] Group 1: Meeting Procedures - The meeting was convened according to the decision made by the board of directors, and the notice of the meeting was published in the designated information disclosure media [3][4] - The actual time, location, and voting methods of the meeting were consistent with the published notice [4][5] Group 2: Attendance and Qualifications - A total of 13 shareholders attended the meeting in person, representing 11,589,402,804 shares, which is 50.8262% of the total voting shares [5] - An additional 3,541 shareholders participated via online voting, representing 2,628,437,348 shares, or 11.5272% of the total voting shares [5] - The total number of attendees, including in-person and online participants, was 3,554, with the presence of company directors, supervisors, and legal representatives [5][6] Group 3: Voting Procedures and Results - The voting was conducted through a named voting method, and the results were verified by representatives and legal counsel [6][9] - The resolutions were passed with significant support, with votes in favor reaching 14,186,008,440 shares, accounting for 99.7761% of the votes cast [6][9] - The voting results were deemed legal and valid, complying with all relevant regulations and company bylaws [9]

新兴产业聚能起势，金普新区氢能产业园开园，大连市成功加入国家燃料电池汽车示范城市群；召开低 空经济高质量发展大会，布局低空起降点280个，开通3条陆岛直升机航线，新质生产力加快培育。 在深化改革和扩大开放方面，对外开放水平进一步提升，大连创新招商引资体制机制，新达盟、正大能 源等重点项目实现增资。自贸片区整合提升加速，国内首单国际航行船舶保税液化天然气岸基加注业务 落户，2架保税融资租赁飞机业务落地，大窑湾保税物流中心运营。大连获批国家服务业扩大开放综合 试点。 (责任编辑：谭梦桐) 传统优势产业支撑有力，船舶制造强势增长，恒力重工、大船、中远重工和中远川崎等头部企业快速发 展；高技术船舶与海工装备配套产业大会吸引200余家配套企业参加，19个项目成功落地，产业集群加 快形成；石化产业向高端延链补链，恒力新材料陆续投产，中石油系列项目稳步推进。 一季度，大连规上装备制造业增加值增长18.4%，高于全部规上工业7.5个百分点；高技术制造业增加值 增长17.6%，连续23个月保持两位数增长；大连技术合同成交额50.8亿元、增长18.7%。 辽宁省政府新闻办28日发布消息称，一季度大连市经济运行稳中有进、量质齐升， ...

Market Overview - As of May 28, the A-share market showed slight fluctuations, with the Shanghai Composite Index up by 0.07% to 3342.93 points, while the Shenzhen Component Index decreased by 0.04% [1][2] - The total trading volume for the A-share market reached 667.857 billion yuan [1] Monetary Policy - The People's Bank of China conducted a 7-day reverse repurchase operation of 215.5 billion yuan at a fixed rate of 1.40%, with a net injection of 58.5 billion yuan for the day [2] Government Bonds - In April, the national issuance of new local government bonds totaled 693.3 billion yuan, comprising 140.7 billion yuan in general bonds and 552.6 billion yuan in special bonds [3] Semiconductor Industry - A meeting was held in Beijing to discuss deepening China-EU semiconductor trade cooperation, emphasizing China's commitment to providing a fair and stable policy environment for enterprises [3] Sector Performance - The controllable nuclear fusion sector showed strong performance with an average increase of 2.49%, while the ocean economy sector also performed well with a 2.32% increase [4] - Conversely, sectors such as immunotherapy and pet economy experienced declines of -1.68% and -1.61%, respectively [4] Company Insights - Zhongke Haixun is a core supplier in the underwater acoustics field, expected to grow rapidly due to the government's focus on "deep-sea technology" as a new emerging industry [8] - Hailanxin's underwater data center business benefits from national support for the marine economy and digital economy, with promising market prospects due to its energy-efficient and low-cost advantages [8] - Tianhai Defense leads in the green ship sector, with ongoing investments in LNG, methanol, ammonia, and electric vessels, likely benefiting from structural demand for green ship types [8] - Diweier is expected to see continuous growth in performance due to scale effects and the advancement of high-end product domestic substitution [9]

Core Viewpoint - China COSCO Shipping Energy Transportation Co., Ltd. has approved the construction of a new 9,200 deadweight ton chemical tanker, indicating a strategic investment to enhance its chemical shipping fleet and overall profitability [2]. Company Summary - The company will invest approximately RMB 191 million in the new vessel, with the contract price around RMB 180 million, including tax [2]. - Funding for the project will come from internal resources (approximately RMB 47.27 million) and external financing, with the internal portion being resolved through capital increase to its subsidiary [2]. - Shanghai COSCO Shipping Chemical Transportation Co., Ltd., established in December 1988, is the first company in China dedicated to the transportation of bulk chemicals, focusing on international and domestic routes in Southeast Asia and Northeast Asia [2]. Industry Summary - As of January 2025, the company has a total capacity of 83,000 deadweight tons across 9 vessels, including 6 owned vessels and 1 under construction [3]. - Wuchang Shipbuilding is a significant base for the construction of specialized marine engineering vessels and has accumulated extensive experience in building chemical tankers [3]. - Wuchang Shipbuilding currently holds 37 vessels with a total of 694,300 deadweight tons in its order book, ranking third globally in the chemical tanker construction sector [3].

Core Insights - The global crane vessel market is expanding, with a projected market size of $11.55 billion in 2023 and expected to grow to approximately $12.3 billion in 2024 [7][9] - Full rotation crane vessels are becoming essential equipment for offshore platforms and marine engineering due to their operational mobility and safety [9][21] - China is leading in the shipbuilding sector, with significant growth in shipbuilding completion, new orders, and backlog orders, accounting for 55.7%, 74.1%, and 63.1% of the global totals respectively [5][7] Group 1: Crane Vessel Overview - Crane vessels, also known as floating cranes, are equipped with lifting devices for offshore operations and are widely used in offshore wind power construction, heavy lifting, salvage, bridge engineering, and port construction [1][2] - There are two main types of crane vessels: rotary crane vessels and fixed boom crane vessels, with rotary vessels being more versatile for narrow areas despite generally having lower lifting capacities [1][2] Group 2: Market Trends - The full rotation crane vessel market is experiencing rapid growth due to the increasing complexity and heaviness of offshore engineering tasks [7][9] - Several full rotation crane vessels are scheduled for delivery in 2024, including the 4000-ton "Ocean Wind Power 76" and the 5000-ton "Iron Construction 5000" [9][10] Group 3: Industry Chain - The full rotation crane vessel industry has developed a comprehensive supply chain, with upstream components including marine cranes, internal combustion engines, and raw materials like steel [11][13] - The demand for full rotation crane vessels is significantly driven by the growth of offshore wind power and marine oil and gas sectors, with China's offshore wind capacity increasing from 4.533 million kW in 2018 to 43.31 million kW in 2024 [19][21] Group 4: Future Development Trends - The industry is moving towards greener and low-carbon development, with policies aimed at enhancing energy efficiency and reducing emissions in shipbuilding [21][22] - There is a trend towards increased automation and intelligence in crane vessels, improving operational efficiency and safety [22][23] - The demand for larger crane vessels is rising, driven by the need for higher lifting capacities and the expansion of offshore operations [23]