安通控股向中外运集装箱运输有限公司出租船舶暨关联交易公告详解
一、核心内容概述
安通控股股份有限公司（600179）于2026年3月24日公告，拟向中外运集装箱运输有限公司（及其控股子公司，简称“中外运集运”）出租2艘集装箱船舶（“安通福州”与“安通大连”），用于外贸集运市场。
关键交易要点如下：
- 租赁单价：24,150美元/天（不含税）
- 租赁期限：21至23个月
- 预计总金额：2.14亿-2.34亿元人民币（不含税，按2025年12月31日汇率100美元=702.88元计算）
- 交易构成关联交易，但不构成重大资产重组
- 本次关联交易无需提交股东大会审议，由董事会通过
二、详细交易信息
交易标的：两艘船舶分别为2018年建造的“安通福州”（载重吨40,600，箱位2,444 TEU）和2019年建造的“安通大连”（载重吨40,599，箱位2,444 TEU），均为公司子公司海南安盛船务有限公司自有且权属清晰的船舶。目前无抵押、质押、诉讼或其他法律障碍。
财务数据：截至2025年12月31日，两船舶账面原值为23,712.83万元，累计折旧4,738.29万元，账面净值18,974.54万元。
三、交易背景与目的
两艘船舶现有租约将于2026年5月陆续到期。公司为持续提升资产运营效率及收益水平，结合新造船信息、市场变化及运力需求，决定继续将船舶投入外贸市场，并与合适租家签订中长期合约，锁定收益、降低市场波动风险。该交易符合公司战略规划，有利于增强盈利能力，顺应内外贸行业发展趋势。
四、关联方及其财务情况
关联方：中外运集运及其一致行动人是公司5%以上股东，构成关联法人。
基本信息：
- 注册资本：4亿元
- 控股股东：招商局能源运输股份有限公司
- 2024年末资产总额：538,408.66万元
- 2024年营业收入：529,464.92万元
- 2024年净利润：105,091.53万元
- 资信状况良好，不属于失信被执行人
五、定价依据及公允性说明
本次船舶租赁价格参照国际知名航运经纪公司（如KMTC、samudera）市场成交价格公报、行业标准、CCFI指数等多维度市场信息，并综合考虑船舶状况、租期、市场环境及同类船舶租赁价格协商确定。公司认为该定价公允、合理，符合市场行情，无损害公司及中小股东利益的情形。
六、董事会及独立董事意见
董事会审议：2026年3月20日，第九届董事会第一次会议7票全票通过该议案，关联董事王维、赵春吉回避表决。
独立董事意见：2026年第一次独立董事专门会议全票通过，认为交易定价公允、符合法律法规及公司利益。
七、对公司经营的影响
本次交易有助于提升公司国际航运市场的盈利水平，是公司基于市场评估及效益测算的市场化决策；交易不会导致公司对关联方形成依赖，不会产生同业竞争，也不会影响公司业务独立性，对全体股东（特别是中小股东）利益有正面保障作用。
八、对股东和股价的潜在影响及特别提醒
- 此项关联交易金额高达2.14亿-2.34亿元人民币，约占公司最近一期经审计净资产5.93亿元的36%-39%，属于重大商业动作，或对公司业绩产生积极影响。
- 公司锁定中长期稳定租金收入，有助于平滑业绩波动，增强抗风险能力。
- 定价公允、合规，且无需股东大会审议，推进效率较高，有望提升公司资产运营效率和整体盈利能力。
- 如后续市场行情变化或国际航运形势变化，可能产生收益波动风险。
免责声明：本文仅为对安通控股公开公告的财经解读，不构成任何投资建议。投资者应结合自身实际情况，关注公司后续公告及市场变化，自主决策并注意投资风险。
Antong Holdings Announces Major Related-Party Transaction: Leasing Two Container Ships to Sinotrans Container Lines
1. Key Highlights
Antong Holdings Co., Ltd. (600179) announced on March 24, 2026, that it will lease two container vessels (“Antong Fuzhou” and “Antong Dalian”) to Sinotrans Container Lines Co., Ltd. (and its subsidiaries) for international container shipping.
- Lease price: USD 24,150/day (excluding tax)
- Lease term: 21 to 23 months
- Total estimated value: RMB 214-234 million (excluding tax, based on 2025/12/31 exchange rate of 100 USD = 702.88 RMB)
- This is a related-party transaction, but not a major asset restructuring
- The transaction is approved by the Board and does not require shareholder meeting approval
2. Transaction Details
Assets: The two vessels, “Antong Fuzhou” (built 2018, 40,600 DWT, 2,444 TEU) and “Antong Dalian” (built 2019, 40,599 DWT, 2,444 TEU), are owned by Antong’s subsidiary Hainan Ansheng Shipping. The vessels are unencumbered by liens or legal issues.
Financials: As of Dec 31, 2025, book value for both ships is RMB 237.13 million (original cost), RMB 47.38 million (accumulated depreciation), and RMB 189.75 million (net book value).
3. Background and Purpose
The existing charters for both vessels expire in May 2026. To maximize asset efficiency and returns, Antong Holdings plans to continue deploying these ships in the international market with mid-to-long term contracts, thus locking in stable income and mitigating market volatility risk. The transaction aligns with the company’s strategy and is expected to improve profitability amidst changing market demands.
4. Related Party and Its Financials
Related Party: Sinotrans Container Lines and affiliates are 5%+ shareholders in Antong, making this a related-party deal.
Key Facts:
- Registered capital: RMB 400 million
- Parent: China Merchants Energy Shipping Co., Ltd.
- Total assets (2024): RMB 5.38 billion
- Revenue (2024): RMB 5.29 billion
- Net profit (2024): RMB 1.05 billion
- Good credit standing, not a discredited entity
5. Pricing and Fairness
Lease pricing was set via market-based negotiations, referencing international brokerage reports (e.g., KMTC, samudera), industry benchmarks, and CCFI indices. The terms are deemed fair, reasonable, and in line with prevailing market rates, with no harm to minority shareholders.
6. Board and Independent Directors’ Opinion
Board Approval: On March 20, 2026, the Board unanimously approved the deal, with related directors abstaining.
Independent Directors: Also unanimously approved, confirming the transaction’s fairness and compliance.
7. Impact on Operations
The deal is expected to boost Antong’s international shipping profitability and stabilize income streams. It does not create business dependency or competition with related parties, nor does it affect business independence. Positive alignment with shareholder interests, especially minorities.
8. Shareholder and Price-Sensitive Considerations
- The transaction value (RMB 214-234 million) represents roughly 36%-39% of Antong’s latest audited net assets, potentially impacting company performance and share price.
- Securing stable, multi-year lease revenue will likely smooth earnings and enhance resilience.
- Market-based pricing and Board approval process ensures compliance and efficiency.
- Future market volatility or global shipping risks may impact actual earnings.
Disclaimer: This article is an interpretation of Antong Holdings’ public announcement and does not constitute investment advice. Investors should pay attention to future disclosures and market developments and make independent, risk-aware decisions.
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