Group 1: Financial Performance and Market Outlook - The gross profit margin for foreign trade routes in 2022 and 2023 was 37.93% and 16.53% respectively, significantly higher than that of domestic trade routes [3] - The dry bulk market is expected to enter an upward cycle in the second half of 2024 due to steady global economic recovery and improved supply-demand dynamics [3] - The Baltic Dry Index (BDI) has been rising continuously, positively impacting external shipping prices and company revenue [6] Group 2: Fleet and Operational Strategy - As of May 20, 2024, the company operates 19 self-owned vessels, with 4 vessels aged under 5 years and 11 vessels aged between 5-15 years [3] - The company plans to receive 6 new vessels in 2024, significantly reducing the average age of its fleet [3] - The operational routes cover global markets, including Europe, North America, South America, Africa, Australia, and Southeast Asia [3] Group 3: Green Initiatives and Future Plans - The company is committed to building 12+6 green low-carbon vessels, adding nearly 1.3 million deadweight tons of capacity [5] - The company has received certifications for its innovative "methanol dual-fuel" vessels, aligning with global trends towards green energy in shipping [5] - The economic viability of new green energy vessels is expected to improve as the costs of manufacturing, transportation, and storage decrease [8] Group 4: Regulatory and Market Challenges - The International Maritime Organization's regulations on EEXI and CII will impose operational restrictions on non-compliant vessels, affecting the external trade route operations [7] - The disposal of old vessels will depend on the second-hand market prices; if prices exceed scrap value, more owners will opt for market sales [9]
国航远洋(833171) - 投资者关系活动记录表