上 市 公 司 2025 年 07 月 10 日 中国船舶 (600150) ——业绩预增超预期，船价已现企稳迹象重视左侧布局机 会 报告原因：有业绩公布需要点评 买入（维持） | 市场数据： | 2025 年 07 月 10 日 | | --- | --- | | 收盘价（元） | 32.38 | | 一年内最高/最低（元） | 45.95/26.93 | | 市净率 | 2.8 | | 股息率%（分红/股价） | 1.39 | | 流通 A 股市值（百万元） | 144,817 | | 上证指数/深证成指 | 3,509.68/10,631.13 | | 注："股息率"以最近一年已公布分红计算 | | 国防军工 | 基础数据: | 2025 年 03 月 31 日 | | --- | --- | | 每股净资产（元） | 11.63 | | 资产负债率% | 68.80 | | 总股本/流通 A 股（百万） | 4,472/4,472 | | 流通 B 股/H 股（百万） | -/- | 一年内股价与大盘对比走势： 07-10 08-10 09-10 10-10 11-10 12-10 01-10 02- ...

如今的中国，海洋船舶新接订单量、海船完工量和手持订单量继续保持全球领先，海洋能、海水淡化等 海洋战略性新兴产业持续壮大，引领海洋经济向高科技、高效能、高质量跃升。2024年，全国海洋生产 总值首次突破10万亿元。与此同时，海洋经济发展空间布局进一步优化。"十四五"以来全国批准用海用 岛面积9858平方千米，盘活利用存量围填海159平方千米，有力保障了交通、渔业等行业，以及重大基 础设施用海用岛需求。我国持续加强原创性，引领性海洋科技攻关。"梦想"号探秘大洋、妈祖海洋数值 预报模式全面推广，不断提升建设海洋强国的科技成色和底气。今年以来，我国聚力打造海洋经济的重 要增长极，深入推进海洋强省、海洋经济发展示范区建设。不久前，海洋经济大省广东正式施行的《广 东省促进海洋经济高质量发展条例》，为推动广东海洋经济高质量发展提供全方位保障。 向海图强，沿海地区因地制宜加快推动海洋经济高质量发展。福建加快建设"空天陆海潜"一体化大融合 平台。浙江以盘活存量用海为载体，优化空间格局和产业布局。山东加快构建现代海洋产业体系，累计 培育国家级海洋牧场71处。海南开辟"以场带产、深海智造"新赛道，一批深海高端装备制造企业快速发 展 ...

根据公告，中国船舶和中国重工2025年上半年业绩增长，主要是公司把握船舶行业发展态势，进一步发 挥主建船型批量建造优势，提升精益管理水平，交付的民品船舶数量增加，价格同比提升，建造成本管 控得当，经营业绩同比明显提升等多重因素的共同影响。 7月10日晚，正在推进吸收合并重组的中国船舶（600150.SH）和中国重工（601989.SH）同步发布 《2025年半年度业绩预增公告》。数据显示，中国船舶预计上半年实现净利润28亿元至31亿元之间，同 比增加98.25%至119.49%；中国重工预计上半年实现净利润15亿元至18亿元，同比增加181.73%至 238.08%。两家上市公司表现亮眼，业绩释放进入了上升期，展现出强劲的盈利能力和增长韧性，业内 普遍认为，重组完成后的造船行业龙头上市公司在协同效应的催化下，经济价值将更加可期，功能价值 将更加独特，战略价值将更为突出。 另外，上海证券交易所官网信息显示，中国船舶吸收合并中国重工的重大资产重组项目已取得关键进 展。具体而言，中国船舶吸收合并中国重工于7月4日获上交所并购重组审核委员会审核通过， 7月8日 完成向中国证监会提交重组方案注册稿。 业内预计，重组后的 ...

Core Viewpoint - Multiple listed companies in the Shanghai and Shenzhen markets have released important announcements, highlighting significant developments and performance forecasts that may impact investor decisions [1]. Company Announcements - **Saili Medical**: The therapeutic hypertension vaccine project by its affiliate, Huajiyuan Biotechnology, faces significant uncertainty despite recent market interest in innovative drugs. The company holds a 15.61% stake in Huajiyuan, which reported a revenue of 26,800 yuan and a net loss of 2,382,300 yuan for 2024 [3]. - **Renfu Pharmaceutical**: Shareholder,招商生科, has secured a loan commitment of up to 750 million yuan from招商银行武汉分行 to increase its stake in Renfu Pharmaceutical. The planned share buyback will occur within six months starting from July 3, 2025, with a maximum purchase price of 25.53 yuan per share [4]. - **China Merchants Energy Shipping**: The company has received a new multi-purpose heavy-lift vessel, "Mingshi," as part of its order for four eco-friendly vessels. The fleet now includes 102 operational bulk carriers, with 16 vessels on order for future delivery [5]. - **Shangwei New Materials**: The company announced a significant stock price fluctuation, with a 30% increase over two days. A share transfer agreement was signed, potentially changing the controlling shareholder to Zhiyuan Hengyue, pending shareholder approval [6]. - **Northern Rare Earth**: The trading price for rare earth concentrates has been adjusted to 19,109 yuan per ton for Q3 2025, based on market conditions [7]. - **Baotou Steel**: Similar to Northern Rare Earth, Baotou Steel has proposed an adjustment of the rare earth concentrate trading price to 19,109 yuan per ton for Q3 2025 [9]. - **Shanghai Mechanical & Electrical**: The company received approval from the Shanghai State-owned Assets Supervision and Administration Commission for the transfer of 51.137 million shares from its controlling shareholder, Shanghai Electric, without changing control [10]. Performance Forecasts - **Eyer Communication**: The company expects a net profit of approximately 463 million yuan for the first half of 2025, a year-on-year increase of about 121.13%, driven by growth in the IoT sector [12]. - **Tianbao Infrastructure**: The company forecasts a net profit of 90 million to 130 million yuan for the first half of 2025, representing a year-on-year increase of 1581.8% to 2329.27% due to tax recoveries [13]. - **China Shipbuilding**: The expected net profit for the first half of 2025 is between 2.8 billion and 3.1 billion yuan, reflecting a year-on-year increase of 98.25% to 119.49% due to improved production efficiency and order structure [14]. - **Shanghai Xiba**: The company anticipates a net profit of 99 million to 118 million yuan for the first half of 2025, a year-on-year increase of 136.47% to 181.85%, primarily due to non-recurring income [15]. - **Longyuan Technology**: The expected net profit for the first half of 2025 is between 26 million and 31 million yuan, reflecting a year-on-year increase of 116.61% to 158.26% [16]. - **Zhengbang Technology**: The company forecasts a net profit of 190 million to 210 million yuan for the first half of 2025, marking a return to profitability driven by increased pig sales [17][18]. - **Bolong Technology**: The expected net profit for the first half of 2025 is between 22 million and 28 million yuan, a year-on-year increase of 123.09% to 183.93% due to successful project deliveries [19]. - **Haitou Shares**: The company anticipates a net profit of approximately 380 million yuan for the first half of 2025, a year-on-year increase of about 233.10% due to favorable market conditions [20]. - **Chuangjiang New Materials**: The expected net profit for the first half of 2025 is between 24 million and 29 million yuan, reflecting a year-on-year increase of 42.35% to 72% [21]. - **Hudian Shares**: The company forecasts a net profit of between 1.65 billion and 1.75 billion yuan for the first half of 2025, a year-on-year increase of 44.63% to 53.4% [22]. - **Taiping Bird**: The company expects a net profit of around 77.7 million yuan for the first half of 2025, a decrease of approximately 55% due to declining retail performance [23]. - **China Satellite**: The company anticipates a loss of between 21.2 million and 41.2 million yuan for the first half of 2025, attributed to reduced contract fulfillment and increased operational costs [24]. - **ST Yatai**: The company expects a loss of between 12.6 million and 20.9 million yuan for the first half of 2025, primarily due to cash flow issues and increased non-recurring expenses [25]. Major Contracts - **Bai Da Group**: The company signed a significant leasing contract for the Hangzhou Department Store, with a rental agreement of 375 million yuan per quarter, increasing by 4.5% every three years [26]. Shareholding Changes - **Baoshui Technology**: A major shareholder plans to reduce their stake by up to 1% through market transactions between August 4 and November 3, 2025 [28].

证券代码：600150 证券简称：中国船舶 公告编号：2025-054 中国船舶工业股份有限公司 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。 重要内容提示： ? 业绩预告相关的主要财务数据情况：中国船舶工业股份有限公司（以 下简称"公司"）预计2025年半年度实现归属于母公司所有者的净利润 ? 预计归属于母公司所有者的扣除非经常性损益的净利润263,500万 元至293,500万元之间，与上年同期相比，增加143,670万元至173,670万元 之间，同比增加119.89%至144.93%。 ? 业绩预告的具体适用情形：实现盈利，且归属于母公司所有者的净 利润与上年同期相比上升50%以上。 一、本期业绩预告情况 （三）本次业绩预告数据未经注册会计师审计。 二、上年同期经营业绩和财务状况 （一）利润总额：153,299 万元。归属于母公司所有者的净利润：141,235 万元。归属于母公司所有者的扣除非经常性损益的净利润：119,830 万元。 （二）每股收益：0.316 元。 三、本期业绩预增的主要原因 报告期内，公司聚焦主 ...

智通财经7月10日电，中国重工(601989.SH)公告称，中国重工预计2025年上半年归属于上市公司股东的 净利润为15亿元-18亿元，同比增长181.73%-238.08%。报告期内，公司发挥主建船型批量建造优势，强 化精益管理，深化成本管控，提升效率效益，民船产品交付数量大幅增加，营业收入相应增长，经营业 绩同比明显提升。 中国重工：上半年净利预增182%-238% ...

中国重工（601989）公告，预计2025年半年度实现归属于上市公司股东的净利润为15亿元至18亿元之 间，与上年同期相比，将增加9.68亿元至12.68亿元，同比增长181.73%至238.08%。预计2025年半年度 实现归属于上市公司股东的扣除非经常性损益后的净利润为13亿元至16亿元之间，与上年同期相比，将 增加8.56亿元至11.56亿元，同比增长192.96%到260.57%。 ...

中国船舶（600150）公告，预计2025年半年度实现归属于母公司所有者的净利润28亿元至31亿元之间， 与上年同期相比，增加13.88亿元至16.88亿元之间，同比增加98.25%至119.49%。预计2025年半年度实 现归属于母公司所有者的扣除非经常性损益的净利润26.35亿元至29.35亿元之间，与上年同期相比，增 加14.37亿元至17.37亿元之间，同比增加119.89%至144.93%。报告期内，船舶行业整体保持良好发展态 势，公司手持订单结构升级优化；报告期内交付的民品船舶价格同比提升，建造成本管控得当，营业毛 利同比增加；联营企业的经营业绩持续改善。 ...

金十数据7月10日讯，今日早盘，A股三大指数开盘涨跌互现，盘中走势分化，上证指数再度站上3500 关口。截至中午收盘，上证指数收涨0.36%，报3505.58点，深证成指收涨0.02%，创业板指收跌0.3%。 日前市场消息显示硅片提价，光伏相关概念今日早盘大幅走强，宏柏新材、协鑫集成等多股涨停；稀土 永磁概念回升，北方稀土涨停；水泥建材概念连日上涨，四方新材4连板；除此以外，多元金融、创新 药、煤炭、教育、房地产开发、快递等概念早盘收涨。PCB概念连日回调，中京电子跌超8%；船舶制 造、消费电子、存储芯片、游戏等概念早盘走弱。资金面上，沪深两市半日成交额达9226万亿，较昨日 放量约327亿，主力资金净流出约225亿。 A股午评：沪指站上3500，光伏、稀土永磁概念早盘走强 ...

上海举行2025世界人工智能大会暨人工智能全球治理高级别会议新闻发布会。上海市副秘书长张英表 示，加强供需对接，深化布局AI应用新场景。加大综合性场景开放力度，面向全市征集50余个城市级 示范场景，为垂类应用开发、落地、迭代、推广提供训练场和试验田；特别是聚焦重点领域，打造了金 融大模型应用基地，发布医学AI工作方案，推出"沪小游"智能体提供个性化服务，开发量子城市大模型 深化治理应用等。积极搭建供需对接平台，不间断举办"模塑申城"周周培训会，邀请行业专家指导企业 AI+项目建设。特别在AI赋能新型工业化这一主战场，我们正加快制定"AI+制造"行动方案，围绕电子 信息、汽车、船舶海工、航空航天等10个制造业方向，体系化打造复合性场景、智能化产品和标杆工 厂。(东方网) ...