Financial Performance - In Q3 2025, the company achieved operating revenue of 1.581 billion yuan, a year-on-year increase of 19.23% [1] - The net profit attributable to shareholders was 155 million yuan, reflecting a year-on-year growth of 21.15% [1] - The net profit after deducting non-recurring gains and losses was also 155 million yuan, with a year-on-year increase of 21.03% [1] Strategic Development - The company has maintained steady growth in its container business, focusing on enhancing Southeast Asia shipping services [2] - Two new direct routes to Thailand and Vietnam have been launched, along with a new direct shipping line from Ningbo to Manila, improving regional shipping networks [2] - The company has expanded its domestic trade service efficiency and increased the number of shipping routes to over 40 [2] Green Initiatives - The company has integrated green and low-carbon principles into its fleet planning and operations, with 29 green energy-efficient vessels, accounting for 54.7% of its total fleet [3] - The "740 standard container pure electric ship" project has been recognized as a national demonstration project for green low-carbon technology [3] - The first pure electric container ship, the largest globally and the first in China, has successfully completed its hull construction and core power system installation [3] Market Position and Future Outlook - The international shipping market has experienced fluctuations due to multiple external factors, but the company has responded by strengthening its shipping core business and expanding its global route network [4] - The company has been recognized for its excellence in environmental, social, and governance (ESG) practices, being included in the "2025 Zhejiang Business ESG Classic 100" list [4] - The company aims to enhance its comprehensive competitiveness and strives to become a leading regional logistics service provider in Asia [4]

智通财经APP获悉，摩根大通发布研报称，首次覆盖太平洋航运(02343)，予"增持"评级，目标价3.2港 元。 该行认为，美关税推动提前出货，虽然会令今年下半年的TCE价格承压，但随着补库存周期重 启，和建筑业带动小宗散货需求反弹，2026年需求有望复苏。 另外，运力增长有所放缓，全球船队扩 张速度减慢至约3%，而且船龄老化令拆解旧船量增加。 该行又认为，集团在小型船只领域的定位具防御性，因其货种丰富，可抵达的港口和航程均具灵活性， 而且燃油成本稳定可提升盈利能见度。加上散货航运受红海干扰影响最轻，2024年前仅约3%干散货经 过该区域，远低于原油的10%与成品油的15%，而霍尔木兹海峡风险主要涉及油轮，集团的盈利敏感度 较低。该行指，在干散货与油轮板块中，更看好太平洋航运多过中远海能(01138)，因前者受地缘冲击 影响较小、资本开支稳定，且对美国301条款关税风险敞口有限。 ...