炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：雷递 德邦股份的股东现金选择权的行权价格为19元/股，本次现金选择权的股权登记日拟定为2026年2月6 日。 扣除京东卓风及其一致行动人德邦控股持有的德邦股份811，713，228 股（占前述注销后公司总股本比 例为 80.01%）后，在现金选择权申报时间内，京东物流运输有限公司预计将为不超过 202，782，1591 股（占前述注销后公司总股本比例为 19.99%）股份提供现金选择权。 受这一消息影响，德邦物流今日股价涨停，截至今日收盘，公司股价为15.44元，市值为157亿元。 Q3营收97亿 净亏超3亿 雷递网 雷建平 1月14日 德邦物流股份有限公司（证券代码：603056 证券简称：德邦股份）日前发布公告，称公司通过股东会 决议主动终止公司股票上市的方式，准备向上交所提交主动终止上市申请。 德邦物流称，此举是为了更好地顺应物流行业的发展趋势，更为高效、有力地统筹协调与整合JD Logistics， Inc．（简称"京东物流"）体系内的物流资源，亦考虑践行公司间接控股股东宿迁京东卓风 企业管理有限公司（简称"京东卓风"）于 ...

Core Insights - The Yangtze River Delta (YRD) region is focusing on "integration" and "high quality" development through the creation of a "Smart + Yangtze River Delta" brand matrix, enhancing customs supervision and service systems to boost high-quality development [1] Trade Performance - From January to November 2025, the total import and export value of the YRD (Shanghai, Jiangsu, Zhejiang, and Anhui) reached 15.46 trillion yuan, a year-on-year increase of 6.2%, accounting for 37.5% of China's total foreign trade, an increase of 0.9 percentage points compared to the same period last year [1] Logistics Innovations - The YRD customs have introduced innovative logistics supervision models, focusing on connectivity to create a modern logistics channel system, enhancing the efficiency of goods flow and trade [1] - The "Linked Unloading" model has expanded to cover 15 ports across Jiangsu, Zhejiang, Anhui, and Jiangxi, completing 485,000 TEUs from January to November 2025, effectively reducing logistics costs for enterprises [2][3] Air Cargo Developments - The establishment of the first cross-provincial air pre-staging cargo station, "Shanghai Airport - Suzhou Pre-staging Cargo Station," allows customs checks to be conducted in Suzhou, saving 12-24 hours in logistics time and reducing costs by 10%-30% [5] - Since its launch in April, approximately 387 shipments valued at 21 million USD have been exported to 37 countries and regions through this station [5] New Transport Channels - The Ningbo Customs has opened a new logistics channel combining "Sea-Rail Express + Middle East Fast Shipping," enhancing transport solutions for Belt and Road trade [6] - The YRD customs have established seven "Truck Flight" routes, extending services to central regions, creating a land-based export network [6] Energy Supply Solutions - To address fuel supply issues for vessels, the Hangzhou Customs has launched a "Direct Supply" service for fuel, streamlining the process and reducing costs associated with storage and distribution [8] - From January to November 2025, the YRD customs conducted 3.7011 million tons of bonded fuel cross-border direct supply, a year-on-year increase of 4.3% [8] Future Initiatives - The YRD customs aim to further deepen reforms and innovations, enhancing collaboration and enriching the "Smart + Yangtze River Delta" brand to contribute to higher quality integrated development in the region [9]

Core Insights - Shanghai is enhancing its high-level openness and trade facilitation, leading to efficient customs clearance for overseas goods ordered via mobile phones [1] Group 1: Maritime Logistics - Yangshan Deep Water Port is a major hub for cross-border trade, with an annual throughput capacity of 26 million TEUs, contributing significantly to global trade [3] - From January to August this year, Shanghai Port's container throughput exceeded 35 million TEUs, maintaining its position as the world's largest port [3] - During the peak season from May to August, the volume of cross-border e-commerce containers processed at Yangshan Port reached 128,000 TEUs, a year-on-year increase of 27% [3] - The "linked unloading" model introduced in Shanghai allows for "one declaration, one inspection, and one release," significantly reducing costs for exporters by 400 RMB per container and for importers by 200 RMB per container [3] Group 2: Air Logistics - Pudong Airport serves as a key air transport hub, seamlessly connecting with maritime logistics through "truck flights" [5] - The Shanghai Customs has established a regulatory system covering 26 international airports, with 42 domestic and international airlines operating, handling over 300 tons of cargo daily [5] - The Suzhou "pre-station" project allows for customs inspection and security checks to be completed in Suzhou, saving 12 to 24 hours in logistics time compared to conventional methods [5] - International transit cargo volume at Pudong Airport has reached record highs, with a 153% year-on-year increase in the first eight months, totaling 17,000 tons [5] Group 3: Trade Performance - In 2024, the total import and export value at Shanghai ports is projected to reach 11.07 trillion RMB, a 26.5% increase compared to 2020, maintaining its global city leadership [6] - Since the start of the 14th Five-Year Plan, the cumulative total of goods trade import and export has reached 2.81 trillion USD, exceeding the target of 2.5 trillion USD [6]

Core Insights - Shanghai is enhancing its high-level opening-up and trade facilitation, leading to efficient cross-border logistics and customs clearance for overseas goods ordered via mobile platforms [1] Group 1: Maritime Logistics - Yangshan Deep Water Port, with an annual throughput capacity of 26 million TEUs, is a key player in global trade, having handled over 35 million TEUs from January to August this year, maintaining its position as the world's busiest port [2] - During the peak season from May to August, the port processed 128,000 cross-border e-commerce containers, marking a 27% year-on-year increase [2] - The "linked unloading" model introduced in 2021 allows for "one declaration, one inspection, and one release," significantly reducing costs by 400 RMB per export container and 200 RMB per import container [2] Group 2: Air Logistics - Pudong Airport serves as a crucial hub for air freight, with a logistics network seamlessly connecting sea and air transport through "truck flights" [3] - The airport's customs has established a regulatory system covering 26 international airports, processing over 300 tons of goods daily with 42 domestic and international airlines operating [3] - The Suzhou "pre-station" project allows for customs checks to be completed in Suzhou, saving 12 to 24 hours in transit time to Pudong Airport [3] - International transshipment cargo at Pudong Airport has seen a 153% year-on-year increase, with 17,000 tons processed in the first eight months of the year [3] Group 3: Trade Growth - Shanghai's total import and export value is projected to reach 11.07 trillion RMB in 2024, reflecting a 26.5% increase compared to 2020 [3] - Since the start of the 14th Five-Year Plan, the cumulative total of goods trade imports and exports has reached 2.81 trillion USD, exceeding the target of 2.5 trillion USD [3]

Group 1 - The article highlights Shanghai's continuous efforts in promoting high-level opening-up and trade facilitation, showcasing efficient cross-border logistics and customs clearance for overseas goods ordered via mobile [1] - Shanghai's Yangshan Deep Water Port has a container throughput capacity of 26 million TEUs annually, and in the first eight months of this year, it surpassed 35 million TEUs, maintaining its position as the world's busiest port [2] - The "linked unloading" model introduced in Shanghai allows for "one declaration, one inspection, and one release" for import and export goods, significantly reducing logistics costs for businesses [2] Group 2 - Pudong Airport serves as a key hub for air freight, with a logistics network seamlessly connecting sea and air transport, handling over 300 tons of goods daily [3] - The Suzhou "pre-staging cargo station" project enables goods to complete security and customs checks in Suzhou, saving 12 to 24 hours in transit time to Pudong Airport [3] - Shanghai's total import and export value is projected to reach 11.07 trillion yuan in 2024, reflecting a 26.5% increase compared to 2020, with cumulative trade exceeding the "14th Five-Year Plan" target [3]