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The Bank of China Securities Research Report points out that China's automobile exports are booming, and transportation capacity such as automobile ships and new multi-purpose ship frame boxes continues to benefit. COSCO Haite's revenue for the first half of the year reached 14.446 billion yuan, up 34.07% year on year, and net profit to mother was 1,371 billion yuan, up 66.24% year on year. The company's excellent performance was driven by the steady growth in fleet size and the continued rise in maritime market prosperity. According to the company's 2026 interim report, as of the end of June 2026, the company had 206 owned and operated leased ships and 9.5871 million dwt. By the end of June, the Clarkson shipping index had risen more than 32% from the beginning of the year. Looking forward to the future, the advantages of China's high-end manufacturing industry are expected to be further strengthened, and overseas demand will steadily increase to support the high demand for special ship transportation, and the company is expected to continue to benefit. Continue to be optimistic about the company's long-term growth logic and maintain the company's “buy” rating.
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The Bank of China Securities Research Report points out that China's automobile exports are booming, and transportation capacity such as automobile ships and new multi-purpose ship frame boxes continues to benefit. COSCO Haite's revenue for the first half of the year reached 14.446 billion yuan, up 34.07% year on year, and net profit to mother was 1,371 billion yuan, up 66.24% year on year. The company's excellent performance was driven by the steady growth in fleet size and the continued rise in maritime market prosperity. According to the company's 2026 interim report, as of the end of June 2026, the company had 206 owned and operated leased ships and 9.5871 million dwt. By the end of June, the Clarkson shipping index had risen more than 32% from the beginning of the year. Looking forward to the future, the advantages of China's high-end manufacturing industry are expected to be further strengthened, and overseas demand will steadily increase to support the high demand for special ship transportation, and the company is expected to continue to benefit. Continue to be optimistic about the company's long-term growth logic and maintain the company's “buy” rating.
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