Core Viewpoint - Ningbo Marine announced the resignation of two key executives due to job changes, which may impact the company's governance and operational strategy moving forward [1] Company Summary - Ningbo Marine's board received a resignation letter from director Fu Weiqin on September 16, 2025, due to job changes [1] - The supervisory board also received a resignation from chairman Wang Jingyi on the same day, also due to job changes [1] - For the first half of 2025, Ningbo Marine's revenue composition was as follows: 80.15% from waterway cargo transportation, 19.28% from toll road operations, and 0.57% from other businesses [1] - As of the report date, Ningbo Marine's market capitalization was 4.9 billion yuan [1]

Core Viewpoint - Ningbo Marine Transportation (600798) reported a revenue of 1.157 billion yuan for the first half of 2025, reflecting a year-on-year growth of 11.33% [1] Financial Performance - The company recorded a net profit attributable to shareholders of -39.23 million yuan, with a basic earnings per share of -0.0325 yuan [1] - The total freight volume reached 25.2128 million tons, an increase of 16.90% compared to the same period last year [1] - The turnover volume was 69.513 billion ton-kilometers, showing a growth of 28.63% year-on-year [1] Revenue Breakdown - Revenue from waterway transportation business amounted to 927.22 million yuan, up by 15.17% year-on-year [1] - Revenue from toll road operations was 223.07 million yuan, which represents a decline of 3.48% compared to the previous year [1]