Group 1 - The core viewpoint of the article is that the leading position of China's marine power systems is solid, with opportunities in the aftermarket and gas turbines opening new growth spaces for the company [1] - The shipbuilding industry is expected to continue its upward trend, benefiting the company as a domestic ship power assembly platform, leading to the release of profitability [1] - The company is projected to achieve net profits attributable to shareholders of 1.794 billion yuan, 2.988 billion yuan, and 3.908 billion yuan for the years 2025, 2026, and 2027 respectively, with corresponding price-to-earnings ratios of 29, 17, and 13 times [1]

这是周建祥及张新龙首次以新职务公开亮相。值得一提的是，就在1月4日中船澄西召开2026年第一次安 全生产委员会会议暨安全、环保、职业健康、消防、保卫责任书签约仪式，周建祥仍以党委副书记、总 经理的身份主持会议。而张新龙此前担任中国船舶集团广西造船有限公司党委副书记、总经理。 据了解，中船澄西船舶修造有限公司是中国船舶集团有限公司下属成员单位，主营业务分为防务产业、 船海产业、应用产业和船海服务业四个业务板块。目前，公司船海产业主要为船舶及海洋工程修理和改 装、建造；应用产业主要是大型钢结构件制造、环保设备制造、陆上防腐等环保业务；船海服务业主要 是职业教育培训。 中船澄西目前拥有澄西本部、澄西装备和澄西扬州三大生产基地，可年修理改装20万吨级及以下各类船 舶200艘、建造卡尔萨姆型及以下船舶17艘、年产钢结构件20万吨和制作风力发电塔500套。其中，公司 本部位于长江下游重要交通枢纽苏锡常经济带的几何中心——江阴，距离长江入海口仅80海里。本部生 产区域占地77万平方米，岸壁式舾装码头1557米，拥有8万吨、10万吨、17万吨级浮船坞各1座，8万吨 级船台和内港池码头各1座，以及万吨级深水码头泊位7个。 中船 ...

Investment Rating - The report maintains a "Buy" rating for the company [9] Core Insights - The company is positioned as a leading platform for marine power systems in China, benefiting from the recovery of the shipbuilding industry and the transition towards clean energy vessels, which is expected to enhance profitability [3][7] - The removal of the 301 policy pressure is anticipated to lead to a significant increase in global shipbuilding orders, with a notable 79% year-on-year increase in December orders [6][21] - The company has been expanding its engine production capacity, with expectations for continued growth in the delivery of low-speed engines and an increase in the proportion of dual-fuel engines, which will further boost profitability [8][72] Summary by Relevant Sections Shipbuilding Industry - The shipbuilding sector is expected to experience an upward turning point as the pressure from the 301 policy is lifted, with a significant increase in new orders and ship prices anticipated [6][17] - The global shipbuilding new orders for 2025 are projected to decline by 24.2% year-on-year, but the removal of the 301 policy is expected to lead to a recovery in orders, particularly for oil tankers, which saw a 284.5% year-on-year increase in November [6][25] - Long-term trends indicate a high proportion of aging vessels, creating substantial demand for vessel replacements and upgrades, driven by stricter environmental regulations [33][37] Company Overview - The company, backed by China Shipbuilding Group, has a significant market share in marine engine orders and is expected to benefit from the ongoing recovery in the shipbuilding sector [7][56] - The company's revenue has been consistently growing, with the diesel power business contributing significantly to its performance, and the gross profit margin for diesel power products has been increasing [58][63] - The company is also focusing on expanding its dual-fuel engine offerings, which are becoming a crucial revenue source as the industry shifts towards cleaner energy solutions [75]

Market Overview - The Shanghai and Shenzhen stock markets exhibited strong upward momentum due to robust bullish expectations for the new year and the influx of incremental capital returning to the market [1] - The Shanghai Composite Index recorded a historical achievement with thirteen consecutive bullish candles, indicating a strong bullish sentiment [1] - Following this streak, a normal market correction occurred, but the late-session rally showed continued strength from buyers, suggesting a dominant bullish atmosphere [1] Market Trends - After the fourteen consecutive bullish candles, short-term fluctuations in the market are expected, but a significant downturn is unlikely [1] - The overall trend appears to be a sustained upward movement, indicating a continuation of the spring market rally [1] Sector Performance - Key sectors showing significant gains include electronic chemicals, coal, and semiconductors, driven by expectations of price increases in semiconductors, lithography machines, energy, and metals [1] - Conversely, sectors such as shipbuilding, securities, and education experienced notable declines, highlighting a clear short-term rotation in market performance [1] Future Outlook - The market is anticipated to continue its strong oscillation, with the bullish trend remaining dominant despite the potential end of the consecutive bullish candles [1]

Group 1 - The core viewpoint is that the A-share market is experiencing a phase of consolidation after a period of gains, with expectations for continued upward movement supported by favorable macroeconomic conditions and policy outlooks [1][2]. - The Shanghai Composite Index showed narrow fluctuations, while the Shenzhen Component and ChiNext indices experienced initial gains followed by pullbacks, indicating a mixed performance across sectors [1]. - Key sectors such as coal, non-ferrous metals, and power equipment performed well, while shipbuilding, securities, jewelry, and education sectors lagged behind [1]. Group 2 - The market's attractiveness is bolstered by expectations of increased credit issuance and a supportive monetary policy stance, with a continued "moderately loose" approach anticipated [1]. - There is a prevailing expectation that the Federal Reserve will maintain a rate-cutting cycle through 2026, contributing to a more accommodative global liquidity environment [1]. - The overall market sentiment suggests that the bull market in A-shares is likely to persist, driven by structural changes in corporate earnings and the emergence of new economic forces [2].

除体量之"大"以外，更引人注目的是其"绿色本底"。据新韩通船舶重工有限公司副总经理顾志清介 绍，该船主机满足国际最严格的Tier III排放标准，创新集成SCR（选择性催化还原）系统和开式脱硫 塔，有效降低氮氧化物和硫氧化物排放；货舱区采用双底双壳结构，设置污油舱、压载舱，其中一处货 舱可在极端天气下转换为风暴压载舱，"在提升环保性能的同时，进一步增强了远洋航行安全性"。 据介绍，"韩通373"轮的顺利出坞，不仅验证了企业在超大型、绿色高端船舶建造领域的技术实 力，也进一步提升了"镇江制造"的国际影响力。数据显示，2025年镇江海事部门共保障146艘新造船舶 下水、出坞、试航，省镇江船厂、新韩通船厂等5家船厂手持订单量达276艘，建造计划排至2029年。 （记者 陶立波 通讯员 孙世权） 1月7日上午，镇江史上最大新造船——载重吨位31.9万吨的"绿色"超大型油轮（VLCC）"韩通 373"轮在新韩通船厂顺利出坞，并在海事部门多艘拖轮牵引下启动跨市拖带。这艘搭载国际最高排放等 级主机、集成多项节能环保装置的"水上巨无霸"，集中体现了我市船舶海工产业向高端化、绿色化发展 的最新成果。 上午8时许，坞门缓缓开启， ...

证券代码：600072 证券简称：中船科技 公告编号：临2026-001 中船科技股份有限公司 2025年度业绩预亏的提示性公告 公司将严格遵循《上海证券交易所股票上市规则》等相关规定，加快推进财务核算工作，尽快披露2025 年度业绩预告。最终财务数据请以公司正式披露的2025年年度报告为准。 敬请投资者理性投资，注意投资风险。 特此公告。 中船科技股份有限公司董事会 2026年1月8日 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。 经中船科技股份有限公司（以下简称"公司"）财务部门初步测算，预计2025年度归属于上市公司股东的 净利润为负值，公司2025年度经营业绩将出现亏损。 ...

Group 1 - The "Ideal" cruise ship is undergoing maintenance at the China Shipbuilding Group's Qingdao Beihai Shipyard, marking a significant development in the ship repair industry [3] - The "Ideal" cruise ship, with a gross tonnage of 103,000 tons, is part of a routine repair project that began on December 24, 2025 [3] - This project is the second large cruise ship repair undertaken by the company, following the "Dream" cruise ship, indicating an upgrade in the service capabilities of the Qingdao cruise industry [3]

智通财经APP讯，中船科技(600072.SH)披露2025年度业绩预亏的提示性公告，公司预计2025年度归属 于上市公司股东的净利润为负值，公司2025年度经营业绩将出现亏损。 ...

2026年是"十五五"开局之年。习近平主席发表的新年贺词中，有着关于发展与梦想最醒目的旨归——"推进全体人民共同富裕""柴米油盐、三餐四季，每 个'小家'热气腾腾，中国这个'大家'就蒸蒸日上"。 中国式现代化是全体人民共同富裕的现代化。进入新发展阶段，如何让改革发展成果更多更公平惠及全体人民，尤为关键。中共中央党校教授王学斌提出， 共同富裕的价值追求和内核，便是让发展成果更多更公平惠及全体人民，其中有三个内容十分关键： 第一，是"一个都不能掉队"。无论是边疆地区百姓，还是少数民族同胞，都能过上更好的生活，共同发展。 云南保山新寨村背靠高黎贡山、面朝怒江，汉族、傣族、傈僳族、白族等多民族混居。凭借独特的地理条件，新寨村特产一种香而不苦、略带果酸的保山小 粒咖啡，品质享誉海内外。但在10多年前，新寨村陷入咖啡豆收购价格低迷、咖农收入微薄的困境。为此，当地转型走精品化道路，大力改良种植技术，并 "爱达·花城号"是我国第二艘自主设计建造的大型邮轮，现正在上海外高桥造船厂建造。工程的供应链层级多、规模大、复杂度高、协同难，长三角地区现 已构建世界级船舶海工集群，各地企业联手托举"爱达·花城号"的建造，如浙江欣亚磁电发展 ...