证券代码：002468 证券简称：申通快递 公告编号：2026-010 申通快递股份有限公司 关于非独立董事辞任暨选举职工代表董事的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导性 陈述或者重大遗漏。 申通快递股份有限公司（以下简称"公司"）于2026年2月6日召开2026年第一次临时股东会， 审议通过了《关于修订<公司章程>的议案》。根据修订后的《公司章程》规定，"公司董事会由七 名董事组成，设职工代表董事一名，董事会中的职工代表由公司职工通过职工代表大会、职工大 会或者其他形式民主选举产生，无需提交股东会审议。" 因公司治理结构调整，路遥先生申请辞去公司第六届董事会非独立董事职务，其辞任后将继 续在公司任职。公司于2026年2月6日召开职工代表大会，选举路遥先生（简历详见附件）为公司 第六届董事会职工代表董事，任期自本次职工代表大会审议通过之日起至第六届董事会任期届满 之日止。路遥先生符合《公司法》及《公司章程》规定的关于职工代表董事任职的资格和条件。 本次选举职工代表董事工作完成后，路遥先生由原公司第六届董事会非职工代表董事变更为 第六届董事会职工代表董事，公司第六届董 ...

证券代码：002468 证券简称：申通快递 公告编号：2026-012 申通快递股份有限公司 关于选举代表公司执行公司事务的董事、副董事长 及聘任总经理的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导性 陈述或者重大遗漏。 申通快递股份有限公司（以下简称"公司"）于2026年2月6日召开第六届董事会第十六次会 议，审议通过了《关于选举代表公司执行公司事务的董事的议案》《关于选举副董事长的议案》及 《关于聘任总经理的议案》，现将相关情况公告如下： 一、选举代表公司执行公司事务的董事 根据《公司法》及《公司章程》的相关规定，公司董事会同意选举董事长陈德军先生（简历 详见附件）为代表公司执行公司事务的董事，并担任公司法定代表人，任期自本次董事会审议通 过之日起至公司第六届董事会任期届满之日止。本次选举代表公司执行公司事务的董事事项不涉 及公司法定代表人变更。 二、选举副董事长 为进一步完善公司治理结构，提升公司规范运作水平，根据《公司法》及《公司章程》的相 关规定，经公司董事会提名委员会任职资格审查通过，公司董事会同意选举王文彬先生（简历详 见附件）为公司第六届董事会副董事长，任期 ...

证券代码：002468 证券简称：申通快递 公告编号：2026-014 申通快递股份有限公司 关于召开 2026 年第二次临时股东会的通知 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导性 陈述或者重大遗漏。 重要提示： 申通快递股份有限公司（以下简称"公司"）第六届董事会第十六次会议审议通过了《关于召 开 2026 年第二次临时股东会的议案》，决定公司于 2026 年 2 月 26 日（周四）15 时召开公司 2026 年第二次临时股东会，现将本次会议的有关事项通知如下： 一、召开会议的基本情况 （一）股东会届次：2026 年第二次临时股东会 （二）股东会的召集人：董事会 （三）本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所股票上市规则》 《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等法律、行政法规、 部门规章、规范性文件及《公司章程》的有关规定。 （四）会议时间： （六）会议的股权登记日：2026 年 2 月 13 日（周五） （七）出席对象： 1、截至 2026 年 2 月 13 日下午收市时在中国证券登记结算有限责任公司深圳分公 ...

北京市金杜律师事务所上海分所 关于申通快递股份有限公司 2026 年第一次临时股东会 之法律意见书 致：申通快递股份有限公司 北京市金杜律师事务所上海分所（以下简称本所）接受申通快递股份有限 公司（以下简称公司）委托，根据《中华人民共和国证券法》（以下简称《证券 法》）、《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委 员会《上市公司股东会规则（2025 年修订）》（以下简称《股东会规则》）等中 华人民共和国境内（以下简称中国境内，为本法律意见书之目的，不包括中国 香港特别行政区、中国澳门特别行政区和中国台湾省）现行有效的法律、行政 法规、规章和规范性文件和现行有效的《申通快递股份有限公司章程》（以下简 称《公司章程》）有关规定，指派律师出席了公司于 2026 年 2 月 6 日召开的 2026 年第一次临时股东会（以下简称本次股东会），并就本次股东会相关事项出具本 法律意见书。 本所同意将本法律意见书作为本次股东会的公告材料，随同其他会议文件 一并报送有关机构并公告。除此以外，未经本所同意，本法律意见书不得为任 何其他人用于任何其他目的。 6. 深圳证券信息有限公司提供的本次股东会投票情况 ...

证券代码：002468 证券简称：申通快递 公告编号：2026-009 申通快递股份有限公司 2026 年第一次临时股东会决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导性 陈述或者重大遗漏。 特别提示 1、申通快递股份有限公司（以下简称"公司"）于 2026 年 1 月 22 日在《中国证券报》《证 券时报》《证券日报》《上海证券报》和巨潮资讯网（www.cninfo.com.cn）上刊载了《关于召开 2026 年第一次临时股东会的通知》。 2、本次股东会无否决或者修改提案的情况。 （一）会议召集人：公司董事会 （二）会议时间 1、现场会议时间：2026 年 2 月 6 日（周五）15 时。 2、网络投票时间：2026 年 2 月 6 日。其中： （1）通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 2 月 6 日 9:15—9:25， 9:30—11:30 和 13:00—15:00； （2）通过深圳证券交易所互联网投票的具体时间为 2026 年 2 月 6 日 9:15-15:00 期间的任意 时间。 （三）会议主持人：陈德军先生。 （四）现场会议召 ...

证券代码：002468 证券简称：申通快递 公告编号：2026-013 申通快递股份有限公司 第六届董事会第十六次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导性 陈述或者重大遗漏。 一、董事会会议召开情况 申通快递股份有限公司（以下简称"公司"）于2026年2月6日以邮件、电话等方式发出召开 第六届董事会第十六次会议的通知，会议于2026年2月6日在上海市青浦区重达路58号会议室以现 场结合通讯表决的方式召开，应出席会议的董事7名，实际出席会议的董事7名，经全体董事一致 同意，本次会议豁免通知期限。会议由董事长陈德军先生主持，公司高级管理人员列席了本次会 议。本次会议的召开符合《公司法》和《公司章程》的有关规定。 二、董事会会议审议情况 经全体董事认真审议，本次会议通过了如下议案： 1、逐项审议通过了《关于2026年度日常关联交易预计的议案》 （1）《关于与实际控制人及其一致行动人或其关联方2026年度日常关联交易预计的议案》 表决结果：同意票6票，反对票0票，弃权票0票，回避票1票。 根据日常经营需要，预计2026年度公司与关联方小草绿能（上海）新材料有限公司发生 ...

Investment Rating - The report maintains a "Buy" recommendation for the shipping industry, highlighting the upward potential in both oil and dry bulk markets [7]. Core Insights - Geopolitical tensions, particularly between the US and Iran, have led to an increase in VLCC freight rates, with the Clarksons VLCC-TCE index rising to $116,000, a week-on-week increase of 17% [10][11]. - The BDI index has shown resilience during the off-season, closing at 2148 points, up 21.9% week-on-week, with significant increases in various vessel types [23][24]. Summary by Sections Oil Shipping - The ongoing tensions in the Middle East have resulted in a significant rise in VLCC freight rates, particularly on the Middle East to China route, which saw a 27% increase to $127,000 per day [10][11]. - The market fundamentals are weakening, with a slowdown in cargo availability and a lack of new cargo in the US Gulf market, leading to a decline in overall market activity [10][11]. Dry Bulk Shipping - The BDI index has shown a remarkable performance during the off-season, with a year-on-year increase of 89% in January, averaging 1759 points [24]. - The strong performance of the BCI index, which increased by 121% year-on-year, is attributed to supply constraints and steady demand from Brazil and West Africa [24]. Investment Recommendations - The report emphasizes the potential for upward trends in both oil and dry bulk markets, recommending companies such as China Merchants Energy Shipping and COSCO Shipping Energy [27]. - For dry bulk, the report suggests companies like Haitong Development and Pacific Shipping, citing favorable supply and demand dynamics [28]. Industry Data Tracking - Recent data shows a year-on-year increase of 8.3% in domestic air passenger volume, with average ticket prices rising by 4.3% [29]. - The SCFI index has decreased by 10% week-on-week, indicating a decline in container shipping rates [50].

Investment Rating - The report maintains a "Recommended" rating for the transportation industry, indicating a positive outlook for investment opportunities in the sector [1]. Core Insights - Geopolitical factors are driving up VLCC freight rates, with the Clarksons VLCC-TCE index rising to $116,000 per day, a week-on-week increase of 17%. The Middle East to China route is reported at $127,000 per day, up 27% week-on-week [1][10]. - The BDI index is showing resilience during the off-season, closing at 2148 points, a week-on-week increase of 21.9%. The average BDI for January is reported at 1759 points, a year-on-year increase of 89% [2][23][24]. Summary by Sections Oil Transportation - The ongoing tensions between the US and Iran have led to an increase in VLCC freight rates, with the market showing signs of weakness as the supply of cargo from the Middle East is tapering off [1][10]. - The Brent crude oil futures price has risen to $69.83 per barrel, a 9.6% increase since January 22, driven by concerns over potential disruptions in Middle Eastern oil supply [2][11]. Dry Bulk Transportation - The BDI index has shown strong performance despite seasonal trends, with significant increases in various sub-indices: BCI up 35.8%, BPI up 8.1%, BSI up 4.0%, and BHSI up 3.0% week-on-week [2][23]. - The report highlights that the supply side is constrained due to recent storms affecting shipping schedules, while demand remains robust due to favorable weather conditions for iron ore exports from Brazil [3][24]. Investment Recommendations - The report suggests a positive outlook for both oil and dry bulk markets, recommending companies such as China Merchants Energy and COSCO Shipping for oil transportation, and Haitong Development and Pacific Shipping for dry bulk [7][28]. - The report emphasizes the importance of performance elasticity and dividend value in the transportation sector, particularly in aviation and shipping [7][62].

Investment Rating - The report maintains a rating of "Buy" for the transportation sector [5] Core Insights - The dry bulk freight rates have unexpectedly rebounded during the off-season, with significant increases noted in large vessels. The VLCC market saw a rise in freight rates due to geopolitical risks and strong demand for commodities like iron ore and grain [1][2] - The report highlights key companies to watch, including China Merchants Energy, COSCO Shipping Energy, Haitong Development, COSCO Shipping International, and CIMC Enric [1][2] Summary by Sections Weekly Insights and Market Review - The VLCC freight rates surged again, while dry bulk freight rates showed an unexpected off-season recovery, particularly for larger vessels. The BDI index reached 2148 points on January 30, with the BCI at 3507 points [1][2] - The transportation sector index fell by 1.40%, underperforming the Shanghai Composite Index by 0.96 percentage points. The top-performing segments were shipping, ports, and highways, with gains of 2.19%, 1.42%, and 0.10% respectively [21][22] Travel - Domestic flight ticket bookings for the upcoming Spring Festival exceeded 7.16 million, reflecting a 16% increase compared to the previous year. The report remains optimistic about the long-term outlook for the aviation sector due to recovering demand and supportive policies [3][13] Shipping and Ports - The VLCC market is experiencing a resurgence in freight rates, with the index for oil transport from the Persian Gulf to China rising to WS137.2 points, an increase of 42.6 points from the previous day. The dry bulk freight rates are also on the rise, supported by strong demand for iron ore and grain [14][15] - Key companies in the shipping sector include China Merchants Energy and COSCO Shipping International, which are expected to benefit from the current market dynamics [17] Logistics - The report identifies two main investment themes in the express delivery sector: the overseas expansion driven by the rapid growth of e-commerce and the internal competition dynamics that favor leading companies. Recommended stocks include ZTO Express, YTO Express, and Shunfeng Express [19][20]

Investment Rating - The report maintains a "Positive" outlook on the shipping industry, highlighting strong performance in the sector despite seasonal challenges [4]. Core Insights - The shipbuilding sector is expected to show significant earnings growth, with Su Mei Da's Q4 net profit forecasted at 2.5 billion, a year-on-year increase of 71%, driven by strong contributions from shipbuilding and power generation [5]. - The shipping market continues to experience robust demand, with one-year charter rates for VLCCs rising by 2.8% to $64,000 per day, and Cape rates increasing by 8.4% to $28,700 per day [5]. - The report emphasizes the ongoing volatility in oil transportation rates, with VLCC rates experiencing a 62% increase in a single day due to supply-demand imbalances and geopolitical tensions [5]. - The dry bulk shipping market is also showing resilience, with the BDI index rising by 21.9% week-on-week, driven by strong demand from Australia and Brazil [5]. Summary by Sections Shipbuilding Sector - Su Mei Da's Q4 net profit is projected at 2.5 billion, up 71% year-on-year, exceeding expectations [5]. - ST Songfa's Q4 net profit is estimated between 11-14 million, with a net profit margin of 14%, reflecting a 1.6 percentage point increase from Q3 [5]. - Attention is drawn to China Shipbuilding's upcoming full consolidation of assets and the release of high-priced orders in Q1 2026 [5]. Shipping Market - The report notes a continued upward trend in shipping rates, with VLCC rates increasing by 2.8% and Cape rates by 8.4% [5]. - The VLCC average rate rose by 16% week-on-week, reaching $122,326 per day, with Middle East to Far East rates dropping by 25% [5]. - The report highlights the impact of geopolitical tensions on oil transportation, particularly in the context of the Ukraine conflict [5]. Dry Bulk Shipping - The BDI index recorded a 21.9% increase, with Capesize rates rising by 35.8% to $31,809 per day [5]. - Strong demand from Australia and Brazil is noted, with limited supply contributing to higher rates [5]. Air Transportation - The report indicates a significant opportunity for airlines due to rising passenger volumes and historical high load factors, suggesting a potential "golden era" for the industry [5]. - Airlines such as China Eastern Airlines and Spring Airlines are highlighted as key players to watch [5]. Express Delivery - The report anticipates uncertainty in the express delivery sector due to fluctuating demand and industry self-regulation policies, but notes that leading companies like Zhongtong Express and YTO Express are expected to maintain their market share and profitability [5]. Rail and Road Transportation - Rail freight volumes and highway truck traffic are showing resilience, with recent data indicating a slight decline in volumes but overall stability [5]. - The report suggests that high dividend investment themes and potential value management catalysts in the highway sector are worth monitoring [5].