Core Viewpoint - Bohai Ferry's stock price increased by 0.90% on November 20, with a trading volume of 41.20 million yuan, indicating a stable market performance despite a net financing outflow [1] Financing Summary - On November 20, Bohai Ferry had a financing buy amount of 2.67 million yuan and a financing repayment of 3.50 million yuan, resulting in a net financing outflow of 0.84 million yuan [1] - The total financing and securities balance for Bohai Ferry reached 10.5 million yuan, which is 2.21% of its market capitalization, indicating a low financing level compared to the past year [1] - The company had a securities lending repayment of 200 shares with no shares sold, and the securities lending balance was 1.76 million yuan, also reflecting a low level compared to the past year [1] Business Performance - For the period from January to September 2025, Bohai Ferry reported a revenue of 1.43 billion yuan, representing a year-on-year growth of 1.07%, and a net profit attributable to shareholders of 272 million yuan, which is a 5.68% increase year-on-year [2] - The main business revenue composition includes passenger roll-on/roll-off transport at 87.91%, cargo roll-on/roll-off transport at 12.02%, and other services at 0.07% [1] Shareholder Information - As of November 10, the number of Bohai Ferry shareholders decreased to 23,700, while the average circulating shares per person increased to 19,760 shares [2] - Since its A-share listing, Bohai Ferry has distributed a total of 2.12 billion yuan in dividends, with 924 million yuan distributed in the last three years [3] - Notable institutional holdings include Guangfa Multi-Factor Mixed Fund as the fourth largest shareholder with 9.52 million shares, and new entrants like Guotou Securities and E Fund Hong Kong Stock Connect Dividend Mixed Fund [3]

Group 1 - The stock price of Bohai Ferry increased by 5.06% to 10.39 CNY per share, with a trading volume of 1.33 billion CNY and a turnover rate of 2.78%, resulting in a total market capitalization of 4.874 billion CNY [1] - Bohai Ferry has experienced a continuous increase in stock price for five consecutive days, with a cumulative increase of 3.34% during this period [1] - The company, established on October 15, 1998, and listed on September 6, 2012, primarily engages in passenger and cargo roll-on/roll-off shipping services, financing leasing, cruise business, international passenger roll-on/roll-off transport, and ship fuel sales [1] Group 2 - According to data, one fund under China Europe Fund holds Bohai Ferry as a significant investment, with the China Europe State-Owned Enterprise Dividend Mixed A Fund (019015) holding 297,100 shares, accounting for 3.23% of the fund's net value, ranking as the fifth-largest holding [2] - The fund has generated an estimated floating profit of approximately 148,600 CNY today, with a floating profit of 95,100 CNY during the five-day increase [2] - The China Europe State-Owned Enterprise Dividend Mixed A Fund was established on September 25, 2023, with a latest scale of 33.8038 million CNY and has achieved a year-to-date return of 9.14% [2]

Core Viewpoint - Bohai Ferry's stock price increased by 0.63% on October 20, with a trading volume of 39.23 million yuan, indicating a stable market performance despite a net financing outflow [1] Financing Summary - On October 20, Bohai Ferry had a financing buy amount of 3.62 million yuan and a financing repayment of 3.88 million yuan, resulting in a net financing outflow of 263,400 yuan [1] - The total financing and securities balance for Bohai Ferry reached 141 million yuan, accounting for 3.13% of its market capitalization, which is above the 50th percentile level over the past year [1] - The company had a low short-selling balance of 202,200 yuan, with a short-selling volume of 9,000 shares and a repayment of 1,500 shares on the same day [1] Business Performance - For the first half of 2025, Bohai Ferry reported an operating income of 728 million yuan, a year-on-year decrease of 5.02%, and a net profit attributable to shareholders of 102 million yuan, down 2.95% year-on-year [2] - The company's main business revenue composition includes passenger roll-on/roll-off transport at 87.91%, cargo roll-on/roll-off transport at 12.02%, and other services at 0.07% [1] Shareholder Information - As of September 30, the number of Bohai Ferry shareholders increased by 1.48% to 24,300, while the average circulating shares per person decreased by 1.45% to 19,326 shares [2] - The company has distributed a total of 2.12 billion yuan in dividends since its A-share listing, with 924 million yuan distributed in the last three years [3] - New institutional shareholders include several funds, with notable holdings from Invesco and GF Fund Management [3]

Core Viewpoint - Bohai Ferry experienced a decline of 0.89% on September 15, with a trading volume of 64.52 million yuan, indicating a potential shift in investor sentiment and market dynamics [1]. Financing and Trading Data - On September 15, Bohai Ferry had a financing buy-in amount of 6.67 million yuan, with a net financing purchase of 3.81 million yuan after 2.86 million yuan in repayments. The total financing and securities balance reached 14.5 million yuan, accounting for 3.09% of the circulating market value, which is above the 50th percentile level over the past year, indicating a relatively high financing level [1]. - In terms of securities lending, there were no shares repaid on September 15, with 11,500 shares sold, amounting to 115,000 yuan. The remaining securities lending volume was 26,700 yuan, which is below the 50th percentile level over the past year, indicating a low level of securities lending [1]. Company Overview - Bohai Ferry Group Co., Ltd. is located in Yantai, Shandong Province, and was established on October 15, 1998. It was listed on September 6, 2012. The company's main business includes passenger and cargo roll-on/roll-off shipping services between Yantai and Dalian, as well as other related services [1]. - The revenue composition of Bohai Ferry is as follows: passenger roll-on/roll-off transport accounts for 87.91%, cargo roll-on/roll-off transport for 12.02%, and other services for 0.07% [1]. Shareholder and Financial Performance - As of September 10, the number of shareholders for Bohai Ferry was 23,800, an increase of 2.72% from the previous period. The average circulating shares per person decreased by 2.65% to 19,686 shares [2]. - For the first half of 2025, Bohai Ferry reported a revenue of 728 million yuan, a year-on-year decrease of 5.02%, and a net profit attributable to shareholders of 102 million yuan, down 2.95% year-on-year [2]. Dividend and Institutional Holdings - Since its A-share listing, Bohai Ferry has distributed a total of 1.934 billion yuan in dividends, with 737 million yuan distributed over the past three years [3]. - As of June 30, 2025, several new institutional shareholders entered the top ten circulating shareholders, including Invesco Great Wall CSI Dividend Low Volatility 100 ETF, holding 6.2048 million shares, and others, indicating a shift in institutional interest [3].