登录新浪财经APP 搜索【信披】查看更多考评等级 ■ 本次修订将"股东大会"的表述统一调整为"股东会"，《公司章程》中涉及如条款编号、个别词语调整 等，因不涉及权利义务变动，系非实质性修订，本公告中不再作一一对比。修订后的《公司章程》全文 详见公司同日于上海证券交易所网站（www.sse.com.cn）披露的《海程邦达供应链管理股份有限公司章 程》。 本次取消监事会并修订《公司章程》事项，尚需提交公司2025年第二次临时股东大会审议，董事会提请 股东大会授权公司管理层或其指定人员办理相关工商备案登记手续。 特此公告。 海程邦达供应链管理股份有限公司董事会 2025年8月26日 证券代码：603836 证券简称：海程邦达 公告编号：2025-058 海程邦达供应链管理股份有限公司 关于"提质增效重回报"行动方案的 公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 为深入贯彻党的二十大和中央金融工作会议精神，落实国务院《关于进一步提高上市公司质量的意见》 要求，积极响应上海证券交易所《关于开展沪市公司"提质增效重回报"专项行动 ...

公司近期在投资者互动平台表示，截至2024年12月31日，子公司睿观信息已申请发明专利6项，外观设 计专利8项，并取得软件著作权3项。这些专利目前均处于受理阶段。 资金流向方面，8月20日主力资金净流出529.59万元，近五个交易日累计净流出6097.47万元。 风险提示：以上信息仅供参考，不构成任何投资建议。股市有风险，投资需谨慎。 截至2025年8月20日15时17分，三态股份最新股价为9.65元，较前一交易日上涨1.26%。当日开盘价为 9.48元，最高触及9.66元，最低下探至9.43元，成交量为18.89万手，成交金额达1.81亿元。 三态股份属于贸易行业，同时涉及跨境电商、AIGC概念等多个领域。公司主营业务包括跨境电商出口 业务和跨境物流服务。根据公开信息，公司技术人员占比达21.16%，子公司睿观信息在技术创新方面 取得一定进展。 ...

Core Viewpoint - The article highlights the cultural, economic, and ecological cooperation between China and Russia centered around the Xingkai Lake, emphasizing the significance of the annual winter fishing festival as a symbol of friendship and collaboration between the two nations [10][12][18]. Cultural Resonance - The 2025 Xingkai Lake Winter Fishing Festival commenced on January 11, 2025, attracting thousands of domestic and international tourists to witness the traditional fishing event [10][11]. - The festival showcases the ancient fishing culture of the Su Shen people, with activities such as ice fishing and traditional food preparation, fostering cultural exchange [11][12]. - Russian tourists expressed their excitement and appreciation for the winter fishing experience, highlighting the event's appeal and the cultural connections it fosters [11][12]. Economic Prosperity - The Mishan Port, a key border crossing, has facilitated significant cross-border trade and tourism, with a reported cumulative import and export trade volume of $4.28 billion and over 3.1 million travelers since its opening [13][14]. - The local logistics company, Heilongjiang Yili International Trade Co., has become a major player in cross-border e-commerce, handling a high volume of shipments to Russia, with 80% of its goods exported through Mishan Port [13][14]. - The company has implemented efficient customs processes, allowing for rapid processing of packages, enhancing the overall cross-border trade experience [13][14]. Ecological Conservation - The Xingkai Lake area is home to a national nature reserve, where China and Russia collaborate on ecological protection and research, maintaining high water quality and preserving biodiversity [15][16]. - Joint scientific efforts have led to the monitoring of migratory bird populations, with 64 species and over 800,000 individuals recorded in 2024, showcasing the commitment to environmental stewardship [16][17]. - The international children's art exhibition at the Xingkai Lake highlights the shared ecological values and friendship between the two nations, with artworks depicting the protection of endangered species [17].

Core Viewpoint - China Southern Airlines Logistics Co., Ltd. (CSAL) is enhancing its logistics services in response to the peak summer transportation demand, focusing on efficient logistics channels for fresh produce and international trade [1][3][6]. Group 1: Logistics Operations - CSAL is operating nearly 1,000 tons of daily cargo volume for inbound and outbound flights in Shanghai during the summer peak [1]. - The company has established 6 dedicated cargo flight routes and 38 bellyhold routes to maximize operational efficiency and capacity in the Shanghai region [1]. - A special initiative has been launched to improve cargo transfer efficiency, resulting in a significant reduction of transfer time from 10 hours to 7 hours for flights from Hanoi to Chicago via Shanghai [6][7]. Group 2: Fresh Produce Transportation - There has been a 190% year-on-year increase in shrimp fry transportation since July, with an average daily transportation volume of 3.5 tons for fish fry [3]. - CSAL has implemented a "green channel" for the transportation of seasonal fresh products, ensuring strict temperature control and expedited security checks [3]. Group 3: Service Innovation - The company is committed to continuous service innovation, optimizing service chains, and enhancing logistics efficiency to meet the growing demands of the public during the summer peak season [7].

Core Viewpoint - Zhengzhou Airport and Thailand's Eastern Economic Corridor signed a strategic cooperation memorandum to enhance cross-border logistics and trade, focusing on the establishment of a cargo route between Zhengzhou Airport and U-Tapao Airport, and promoting collaboration in various industries such as electronic information, new energy vehicles, and biomedicine [1][3][4]. Group 1: Logistics and Trade - The cooperation aims to build an "air + rail + road" cross-border logistics channel to improve trade facilitation between the two regions [3]. - A cargo route between Zhengzhou Airport and U-Tapao Airport will be developed, creating a dual hub to ensure the rapid flow of tropical fruits, seafood, and electronic information products [3][4]. - A cross-border logistics data sharing platform will be explored to support e-commerce enterprises in establishing overseas warehouses, enhancing trade clearance integration and storage sharing [3]. Group 2: Industry Collaboration - The partnership will promote deep integration of advanced manufacturing industry chains, facilitating communication and investment platforms for sectors like electronic information, battery technology, automotive parts, new energy, and digital economy [3][4]. - The cooperation will leverage industry demands and technology transfer to strengthen talent exchange and training, fostering innovation and development [3][4]. Group 3: Cultural and Knowledge Exchange - Zhengzhou Airport will utilize the Aviation Metropolis Research Institute as a platform for sharing experiences in aviation metropolis planning and development with Thailand's Eastern Economic Corridor [4]. - The collaboration is seen as a significant step in enhancing cooperation fields and levels, marking the 50th anniversary of diplomatic relations between China and Thailand [4].

Investment Rating - The industry rating is "Positive" (maintained) [7] Core Viewpoints - The domestic demand continues to improve while overseas factors are causing disturbances [1][2] - In the aviation sector, the second quarter shows improved performance due to high passenger load factors and a significant drop in oil prices [1] - The express delivery sector is experiencing double-digit growth in volume, but intense price competition is affecting profitability [3][11] - The shipping industry is facing volatility in freight rates due to tariffs and geopolitical conflicts [4][5][10] Summary by Sections Aviation and Airports - In Q2 2025, the cumulative ASK (Available Seat Kilometers) for major airlines shows growth compared to the same period in 2024, with increases of 5% to 12% [1] - The average oil price for aviation kerosene in Q2 2025 is 5475 RMB/ton, down 9% from Q1 and down 17% year-on-year [1] - Passenger throughput at major airports like Shanghai and Guangzhou has recovered to 109% and 115% of 2019 levels, respectively [2] Express Delivery - The express delivery volume reached 787.7 billion pieces in the first five months of 2025, a year-on-year increase of 20.1% [3] - The industry revenue for express delivery in the same period was 592.46 billion RMB, up 10.3% year-on-year [3] - Price competition has intensified, particularly affecting franchise express companies, while leading companies like SF Express continue to show robust growth [11] Shipping - In Q2 2025, VLCC (Very Large Crude Carrier) freight rates averaged 42,000 USD/day, a year-on-year increase of 7% [4] - The CCFI (China Containerized Freight Index) dropped to 1156 points, down 20% year-on-year, while the SCFI (Shanghai Containerized Freight Index) fell to 1685 points, down 36% year-on-year [5] - The dry bulk shipping market remains weak, with the BDI (Baltic Dry Index) at 1465 points, down 21% year-on-year [5] Cross-Border Logistics - The average air freight rate index for outbound shipments from Shanghai in Q2 2025 is 4479 points, down 5% year-on-year [8] - The coal import volume at Ganqimaodu port was 6.28 million tons, a year-on-year decrease of 6% [6] High Dividend Stocks - The report suggests that the declining yield on ten-year government bonds will benefit dividend-paying stocks [12] - Recommendations include logistics and highway companies, as well as port and railway stocks [12]

Group 1 - Zhejiang Yangcheng International Logistics Co., Ltd. focuses on cross-border logistics to the U.S., showcasing its logistics network advantages at the 2025 E-commerce Expo, with a new overseas warehouse in Los Angeles covering 150,000 square meters and an initial investment exceeding 3 million USD [1][3] - The Los Angeles overseas warehouse, named "Mei Mei Da," has a dedicated team of 15 people and incurs monthly rental costs of over 200,000 USD [3] - The 2025 Zhejiang International E-commerce Expo features nearly 200 cross-border e-commerce service providers, emphasizing the development of a robust cross-border e-commerce ecosystem [4] Group 2 - The Guangxi Pingxiang City International Trade Group highlights the port's advantages, with fruit import and export accounting for over 30% of the national total and 63.2% of Guangxi's, showcasing high logistics efficiency [6] - Pingxiang's logistics efficiency allows goods to reach Guangzhou in 6 hours, Hanoi in 24 hours, and Bangkok in 96 hours, with policies in place to support the establishment of "dual factories" in Vietnam and Pingxiang [6] - The expo aims to attract nearly 1,000 product supply chain companies, featuring thousands of new and hot-selling products from over 20 domestic industrial clusters, promoting the integration of "industrial belts + cross-border e-commerce" [7] Group 3 - The expo, themed "Building a New Development Pattern and Promoting High-Quality E-commerce," includes 2,200 international standard booths across 8 major exhibition areas, attracting 1,182 enterprises from various countries and 24 domestic provinces [7] - Two high-end forums will be held during the expo, focusing on the role of artificial intelligence in empowering digital trade and discussing future trends and efficiency improvements in digital trade [7]

Core Insights - The cross-border e-commerce sector is experiencing significant changes due to tariff reductions and evolving competition dynamics, with a shift from growth to risk management and supply chain resilience [1][2][3] - The U.S. market remains a primary focus for Chinese cross-border sellers, despite uncertainties in tariff policies, as the market's size and consumer demand are compelling [2][5] - Logistics companies are under increased pressure to adapt to fluctuating tariffs and shipping costs, requiring them to enhance their responsiveness and resource management [3][4] Group 1: Market Dynamics - Cross-border e-commerce sellers are transitioning from a growth-oriented strategy to a focus on stable survival, transferring some risks to logistics providers [2][5] - The demand for reliable logistics services has increased, with sellers seeking comprehensive solutions that include shipping costs, tariffs, and compliance [2][3] - The logistics industry is undergoing consolidation, with smaller firms struggling to keep up with the rapid changes in market demands and geopolitical factors [4][6] Group 2: New Market Opportunities - Sellers are increasingly looking to diversify their market presence beyond the U.S., with new expansions into Europe and Latin America being prioritized [5][6] - Logistics providers are enhancing their networks and service capabilities in emerging markets to meet the growing demand from cross-border sellers [6][7] - The strategic value of overseas warehouses is rising, as they allow sellers to mitigate risks associated with tariff fluctuations and improve delivery speeds [8][9] Group 3: Logistics Strategies - Overseas warehouses are becoming more popular due to their ability to streamline customs processes and reduce delivery times, although they present operational challenges for sellers [8][10] - The coexistence of direct shipping and overseas warehouses is evident, with sellers choosing logistics models based on their specific needs and market conditions [9][10] - The logistics industry is seeing increased concentration, with successful companies needing to understand seller pain points and effectively allocate resources to build long-term trust [10]

Group 1 - The core viewpoint of the articles highlights the collaboration between China and Central Asia in enhancing logistics and trade efficiency through the establishment of a cross-border logistics hub [1][2] - Kazakhstan Post and YTO Express, established in July 2024, currently handles an average of 30,000 packages daily, with a logistics network covering over 3,000 locations in Kazakhstan [1] - The initiative aims to create a "China-Central Asia-Europe" cross-border logistics main route, utilizing digital systems and smart devices to improve logistics efficiency [1] Group 2 - The joint interview serves as a platform for multi-national media to deepen their understanding of the breadth and depth of China-Central Asia cooperation [2] - This is the first large-scale joint interview organized by People's Daily outside of China, involving various Central Asian media outlets [2] - Journalists will explore key cooperation projects in energy, transportation, agriculture, and education in Kazakhstan, contributing to the narrative of high-quality Belt and Road construction [2]

Core Viewpoint - Guangxi is leveraging its geographical advantages to enhance cross-border logistics and establish itself as a regional international postal express hub focused on ASEAN, achieving significant progress in recent years [1][2][3] Infrastructure Development - Since 2024, postal and express companies have invested over 800 million yuan in Guangxi, constructing and upgrading 10 inter-provincial distribution centers in key cities such as Nanning, Liuzhou, Guilin, and Wuzhou [1] - A total of 26 inter-provincial distribution centers have been established, with a daily processing capacity of 35 million items, expected to exceed 40 million items by the end of 2025 [1] Logistics Channels - Postal and express companies in Guangxi are operating multiple land transport routes to Southeast Asia, with the China-Vietnam route taking as little as 16 hours from Nanning to Hanoi, and the China-Thailand route taking 36 hours to Bangkok [2] - The introduction of all-cargo aircraft aims to create a "4-hour air logistics circle" from Nanning to ASEAN, while the "14-hour cross-border direct" China-Vietnam train service enhances efficiency, reducing transit time by 2-3 days compared to land transport and lowering costs by 15%-20% [2] Cross-Border Services - Companies are innovating service models and gaining recognition from Southeast Asian e-commerce platforms and cross-border import-export markets [2] - Some enterprises have established a "one-stop" cross-border transport service, saving 15%-20% in costs for clients compared to traditional methods, and have made significant breakthroughs in cross-border e-commerce payment settlements [2] Future Goals - The State Post Bureau has set goals for Guangxi to establish a smart and efficient postal express service network connecting ASEAN by 2027, with plans to create over three cross-border e-commerce postal express clusters [3] - By 2035, the aim is to build Guangxi into a regional international postal express hub for ASEAN [3]