证券代码：002320 证券简称：海峡股份 海南海峡航运股份有限公司 投资者关系活动记录表 | 编号：20260129 | | --- | | 投资者关系活动类别 | 特定对象调研 分析师会议 ☐ | | --- | --- | | | 媒体采访 业绩说明会 ☐ ☐ | | | 新闻发布会 路演活动 ☐ ☐ | | | ☐ 现场参观 | | | ☐ 其他 | | 参与单位名称及人 | 东吴证券 王琳婧 吴劲草 姚瑶 | | 员姓名 | 华夏基金 周念欣 应依恬 武轶男 胡卫兵 | | 时间 | 2026年1月29日 11:00-12:00 | | 地点 | 海南省海口市滨海大道157号港航大厦14层 | | 上市公司接待人员姓 名 | 刘哲 公司介绍：公司2002年由海南港航控股有限公司、深圳市盐田港股份 | | 投资者关系活动主 | 有限公司等5位股东发起设立，2009年公司在深圳证券交易所挂牌上市，为 公司快速发展奠定基础。2017年公司增发股份收购海南港航的轮渡码头资 | | 要内容介绍 | 产，业务扩展至港口服务，迈出港航一体化的第一步。2019年公司的间接 | | | 控股股东变更为中国远洋海运集 ...

Company Overview - Established in 2002 by five shareholders, listed on Shenzhen Stock Exchange in 2009 [2] - Acquired ferry terminal assets in 2017, marking the first step towards port and shipping integration [2] - Became a subsidiary of China COSCO Shipping Group in 2019, entering a rapid development phase [2] - Completed resource integration in Qiongzhou Strait in 2021, enhancing transportation service capacity [2] - Plans to acquire 100% equity of COSCO Shipping Passenger by 2025, increasing fleet size to 64 vessels, ranking first globally [2] Business Model - Revenue primarily generated from passenger and cargo transportation fees, alongside port operation income [3] - Development of unique products through tourism routes to enhance overall revenue [3] Market Opportunities - Anticipated increase in passenger and vehicle flow due to Hainan Free Trade Port's operational closure in 2025 [4] - Plans to invest in new flat barges and passenger ferries to meet market demand [4] - New routes to alleviate pressure on existing services [4] Dividend Policy - Committed to providing stable dividends while ensuring sustainable company growth [5] - Dividend policy considers profitability, cash flow, future investment plans, and shareholder expectations [5] Impact of Hainan Free Trade Port - Tax incentives will lower operational costs, creating a favorable environment for growth [6] - Policy changes will facilitate easier movement of goods, attracting more investors [6] - Improved infrastructure, such as the completion of the island tourism highway, will boost business [6] Future Capital Expenditure - Plans to invest in two new passenger ferries to replace aging vessels [7] Competitive Landscape - COSCO Shipping Passenger operates 12 vessels, while Bohai Ferry has 14, indicating a slight edge for the latter [8] - Focus on improving operational efficiency and management to enhance profitability [8] - Strategy includes capacity upgrades, joint marketing, and cost control measures [8] Disclosure - The activity does not involve any undisclosed significant information [9]