Core Viewpoint - China Power, a listed platform under China Shipbuilding Group, is expected to benefit significantly from the recovery of the shipbuilding industry by the end of 2025, with nearly 70% of its gross profit coming from diesel power business due to several major asset restructurings [1] Group 1: Company Overview - China Power encompasses all mainstream power system types in the current market [1] - The company has undergone multiple significant asset restructurings, positioning itself favorably in the industry [1] Group 2: Market Position and Performance - By the end of 2025, the low-speed diesel engine competitive landscape is expected to improve, leading to a rise in both product volume and price, thereby enhancing the company's leading position [1] - The after-market for marine engines is projected to exceed 100 billion yuan, indicating stronger profitability and higher barriers to entry [1] Group 3: Future Growth Potential - The company is strategically positioned to create a second growth curve by fully engaging in the marine engine manufacturing and maintenance sector, aiming to become a global leader [1] - Given the improved industry sentiment and the company's solid market position, the operational status is stable, and future development trends appear positive, leading to an upgraded rating to "Buy" [1]

Group 1 - The core point of the article highlights that China Power's trading volume reached 1.738 billion yuan, marking a new high since December 16, 2024 [2] - The latest stock price increased by 2.43%, with a turnover rate of 3.09% [2] - The trading volume on the previous trading day was 1.447 billion yuan [2]

Group 1 - COSCO Shipping Holdings has made a significant investment of approximately 18.8 billion RMB to upgrade and expand its fleet by ordering 18 container ships [1][2] - The company has signed contracts for 12 LNG dual-fuel container ships, each costing 1.399 billion RMB, with a total investment of 16.788 billion RMB, expected to be delivered between 2028 and 2029 [1][3] - The new vessels will replace older ships, optimize cost structures, and enhance service quality while adhering to global energy-saving and sustainable development strategies [3][4] Group 2 - The shipbuilding contracts are with Jiangnan Shipyard and China Shipbuilding Trading Company, both subsidiaries of China Shipbuilding Group [2][3] - COSCO Shipping's subsidiary, COSCO Asset, has also ordered 6 conventional fuel container ships for a total of 1.98 billion RMB, with deliveries planned for mid to late 2028 [3][4] - The funding for these investments is expected to be arranged through external financing for up to 60% of the transaction price, with the remainder covered by internal resources if necessary [5]

（文章来源：证券时报网） 中原证券认为，周二，A股市场震荡整理。盘中医疗器械、游戏、能源金属以及电网设备等行业表现较 好；航天航空、通信设备、船舶制造以及半导体等行业表现较弱，进入1月份以来，市场交投再度活 跃，两融余额同步攀升，增量资金入场迹象明确，为行情延续提供支撑。国内无风险收益率持续下行， 居民存款向权益市场"搬家"的趋势为市场提供了充裕的流动性环境。人民币资产吸引力增强，共同推升 了市场风险偏好。2025年12月CPI同比涨幅微幅扩大，显示内需出现边际改善迹象。在量能有效放大、 政策预期积极、产业催化不断的背景下，预计本轮行情有望持续推进。建议投资者密切关注宏观经济数 据、海外流动性变化以及政策动向。 华龙证券认为，周二，A股市场震荡调整。盘面上，AI应用概念逆势上涨，AI医疗概念反复活跃，电网 设备概念午后走强；商业航天、可控核聚变等板块跌幅居前。上证指数结束17连阳，指数和主线板块目 前看不到顶部结构，暂且认为是分歧。分歧代表着需要等方向选择而不是主观猜测，目前大盘在5日均 线之上，暂时不用过度担心。但分歧考验聚焦能力，需要去弱留强。 财信证券认为，周二，A股大盘表现较弱，三大指数全线收跌，主要 ...

Group 1 - Tianhai Defense experienced a 5.57% increase in stock price, reaching 9.09 CNY per share, with a trading volume of 960 million CNY and a turnover rate of 6.58%, resulting in a total market capitalization of 15.708 billion CNY [1] - Tianhai Defense is primarily engaged in shipbuilding and marine engineering, military-civilian integration, and clean energy utilization, with the main business revenue composition being: 92.05% from ship and marine engineering design and construction contracting, 1.97% from design technical services, 1.80% from energy business, 1.75% from other product revenues, 1.18% from defense equipment and products, 0.74% from other (supplementary), and 0.50% from ship leasing [1] Group 2 - Guotai Fund's Guotai Zhongzheng Military Industry ETF (512660) is among the top ten circulating shareholders of Tianhai Defense, having reduced its holdings by 2.5808 million shares to 13.4495 million shares, representing 0.82% of circulating shares, with an estimated floating profit of approximately 6.4558 million CNY [2] - The Guotai Zhongzheng Military Industry ETF (512660) was established on July 26, 2016, with a current scale of 14.109 billion CNY, achieving a year-to-date return of 14.04% (ranking 245 out of 5520) and a one-year return of 61.99% (ranking 867 out of 4203), with an overall return since inception of 56.42% [2]

裴志勇介绍，该船型采用气电混合动力，并首创江海直达宽扁肥大船型，从而实现"减 重增载"，兼顾了江船操纵性与海船稳定性，为大型化低阻船型提供技术支撑。该船型搭载 的智能感知系统融合了激光、红外和雷达等多源信号，经AI与AR技术处理实现航行环境实 时可视化，破解了传统瞭望高度对船舶大型化的制约。 1月13日，长江日报记者从武汉理工大学获悉，该校船舶邮轮中心研究团队将传统船舶 技术与新兴信息技术融合，研制出可承载1300个标箱的未来型江海直达集装箱船，其承载量 超过目前已投用的"汉海"系列1140箱。 作为长江中游航运中心核心城市，武汉已形成从船舶研发、设计到建造、运营的完整航 运产业集群，在江海直达船舶研发领域持续领跑。该校绿色智能江海直达船舶与邮轮游艇研 究中心主任裴志勇介绍，此次推出江海直达集装箱新船型，应用了宽扁船型、智能感知、节 能型线等关键技术，聚焦大型化、绿色化、智能化、标准化，集成了几大核心技术，极 具"未来感"，能有效支持长江中游航运枢纽建设。 这是武汉理工大学团队继"汉海"系列后，对江海直达集装箱示范船的再次创新。目前， 由武汉理工大学团队研发的"汉海"1号、2号、3号、5号、7号船已进入常态化 ...

经开区检察院成功办理全市首例侵害专精特新"小巨人"企业商业秘密案，对3名离职员工违反保密 协议造成价值3700万元技术被公开的行为依法予以严惩，获受害企业送锦旗致谢；丹徒区检察院办理的 某石油天津分公司修某某受贿案，入选江苏省检察机关助力平等保护优化法治化营商环境典型案例，筑 牢企业防护屏障；京口区检察院解开欠款纠纷"连环债"谜团，追回330万元欠款，助力企业重生……一 个个涉企案例的办理，彰显了全市检察机关依法平等保护各类经营主体的力度与决心。 全市检察机关还加大追赃挽损工作力度，最大限度减少企业经济损失。2025年以来，共在办案中为 企业挽回各类经济损失逾5111.09万元，切实多角度、全方位维护企业合法权益，勾勒出法治安商、检 护前行的温暖底色。 从打造"镇合意·检先行"营商环境服务品牌，到全面提升"365全周期"护企工作法，再到倾力构建公 平有序的法治化营商环境，2025年以来，我市检察机关立足法律监督职能，为企业纾困、为产业赋能、 为创新护航，3件涉企案例入选省级以上典型案例，1个单位、1名个人分获2024年度查处重大侵权盗版 案件有功单位、有功个人，营造更优法治化营商环境的做法被《工人日报》、《检 ...

Core Insights - The value of bonded leasing goods supervised by Haikou Customs is projected to reach 4.906 billion yuan by 2025, primarily consisting of aircraft, aircraft engines, and ships [1] - The "Zhenhua 30" large crane vessel successfully completed customs clearance procedures under the guidance of Haikou Customs, utilizing an off-site entrusted supervision method [1] Group 1: Bonded Leasing - Bonded leasing refers to the export and import leasing business conducted by leasing enterprises within comprehensive bonded zones, using bonded goods as the underlying assets, which significantly reduces financial pressure on companies through tax advantages [1] - The implementation of the bonded leasing policy allows companies to avoid the burden of paying large tax fees upfront, instead opting for a "installment payment and tax payment" approach, which alleviates financial strain [2] Group 2: Customs Procedures - The "Zhenhua 30" crane vessel, measuring 297.55 meters in length and weighing 147,400 tons, is owned by Shanghai Zhenhua Heavy Industries Group (Hainan) Co., Ltd. and cannot physically enter the comprehensive bonded zone [1] - Haikou Customs provided comprehensive services including customs declaration, guarantee filing, and bonded account establishment to ensure effective supervision during the off-site customs clearance process [1]

人民财讯1月13日电，据湖北日报，1月13日，湖北省委书记王忠林在武汉市调研绿色智能船舶产业发展 情况并主持召开推进会。王忠林强调，要坚持以科技创新为引领，抢抓机遇、发挥优势，努力把绿色智 能船舶产业打造成为我省支柱产业，为进一步推动长江经济带高质量发展贡献更大力量。他指出，湖北 船舶科研力量雄厚，具备发展绿色智能船舶的完整产业基础和显著区位优势。要进一步提高认识，加快 布局绿色智能船舶产业发展新赛道，以更大力度、更实举措推动产业高质量发展。 ...

Core Viewpoint - The article highlights how Zoucheng, a city in Shandong Province, has emerged as a leader in inland green shipping through innovative practices and strategic resource integration, establishing itself as a hub for the manufacturing of new energy vessels [1][2][3]. Group 1: Development of Green Shipping - Zoucheng has developed China's first demonstration base for inland new energy vessel manufacturing, integrating research, design, and intelligent manufacturing [1]. - The city has established a full industrial chain layout for inland vessels, combining resources from various sectors, including logistics, power technology, and ship design [2]. - The production capacity of new energy vessels at Xinneng Shipbuilding has reached a maximum of 8 vessels per month, with production efficiency increasing by 172% [2]. Group 2: Economic and Environmental Benefits - The cost of LNG fuel is approximately 70% of that of diesel, leading to significantly reduced operational costs for vessels, enhanced market competitiveness [2]. - New energy vessels have achieved a 20% reduction in carbon emissions and over 90% reduction in nitrogen oxides and particulate matter emissions [4]. Group 3: Strategic Positioning and Market Opportunities - Zoucheng has identified a market gap in the production of inland new energy vessels, focusing on this niche where traditional shipyards are unable to compete [3]. - The city is actively participating in the formulation of industry standards, transitioning from a follower to a leader in the inland new energy shipping sector [3]. Group 4: Government and Industry Collaboration - The local government has played a crucial role in supporting the new energy shipbuilding project by facilitating land supply and streamlining approval processes [6]. - Zoucheng plans to establish an industrial alliance for inland new energy vessel manufacturing by 2025 to enhance resource integration and market collaboration [6]. Group 5: International Expansion - Xinneng Shipbuilding has secured over 180 domestic and international orders, successfully exporting vessels to countries such as Vietnam, Tanzania, and Cuba [7]. - The company has adopted an innovative construction model to address logistical challenges in shipping inland vessels, enhancing its international competitiveness [6].