A Floating Storage Regasification Unit (FSRU) is a specialized vessel designed to receive, store, and regasify liquefied natural gas (LNG) offshore, making it available for onshore distribution or direct transfer to smaller vessels.

物流行业：无人物流行业兴起，无人叉车企业或充分受益－低速无人行业系列研究报告之二

物流行业：反内卷托底价格延缓现金流恶化，全链路降本重塑长期竞争格局－快递板块二季报总结

旅游及消闲设施行业：萌芽中的“新消费_－社服板块2025H1中报总结

Food and beverage warehousing is an essential aspect of the food supply chain because most foods and beverages are temperature sensitive and perishable. Refrigeration helps to keep products fresh and prevents contamination. The competitiveness of the industry is driven by the service or infrastructure ability of companies apart from the price and value-added services offered. Key companies are expanding their infrastructure much ahead of the demand to grasp customer attention and distract them from unorganized or local companies. Since warehousing buildings and refrigerated vehicles are fixed assets, companies need to concentrate on building scale and customer networks to stay competitive in this fragmented market.

Food and beverage cold chain logistics refers to the process of transporting and storing perishable food and beverage products under controlled temperature conditions from the point of origin to the point of consumption.

根据富临运业公司公众号 8 月 22 日报道《跨越山河，共赴未来！富临运业与 丰翼科技达成合作》介绍：富临运业与丰翼科技签署合作协议，双方将围绕低 空经济领域展开深度合作，共同推动低空物流新业态的发展与创新。根据协 议，双方充分发挥各自在无人机技术、物流运营、场站基础设施、交通网络等 方面优势，抢抓低空经济发展机遇，共探低空物流的新模式、新场景，共建低 空物流运营服务体系、管理平台以及基础设施网络。未来，双方将深化合作， 积极参与四川省“干-支-末”多级联运的低空物流网络建设，通过打造高效、 智能、绿色的低空物流体系，为区域低空经济高质量发展注入动能，为低空经 济创新生态的形成与发展贡献力量。

月度行情表现：2025 年 8 月红利资产表现相对落后，跑输沪深 300 指数与交 运指数。1）行业涨跌幅：2025 年 8 月 1 日至 8 月 22 日期间，高速公路、铁 路运输、港口累计涨跌幅+0.91%、-0.80%、+2.96%，8 月红利资产（公铁港） 表现相对落后，均跑输沪深 300 指数与交运指数。2）港股红利资产表现：8 月 1 日至 8 月 22 日期间，港股主要红利资产个股均累计上涨，除深圳高速公路 股份外，均跑赢 A 股，但从涨跌幅看，与 A 股相比整体分化不大。较 A 股涨 幅前三：江苏宁沪高速（跑赢 A 股 3.68pct）>四川成渝高速公路（跑赢 A 股 3.50pct）>安徽皖通高速（跑赢 A 股 3.22pct）。年初至今，港股主要红利资产 个股全部跑赢 A 股，较 A 股涨幅前三：四川成渝高速公路（+48.03%）>中远 海运港口（+27.35%）>安徽皖通高速（+21.05%）。3）利率环境：仍处于低位。 2025 年 8 月，国债收益率有所回升，历史来看处于低位，截至 2025/08/22，10 年中债国债到期收益率为 1.77%，较 2025/07/31 的 1.70%上涨 7bp，30 年中债 国债到期收益率 2.08%。4）行业成交额：8 月港口日均成交额增长明显。2025 年 8 月 1 日至 8 月 22 日，高速公路日均成交额 17.98 亿元，同比上升 10.7%， 铁路日均成交额 17.84 亿元，同比上升 17.9%，港口日均成交额 21.95 亿元， 同比上升 98.7%。5）行业估值：相较银行、煤炭、电力设备、公用事业，从 PE 历史分位数看，铁路为主要红利资产细分行业中最高，港口为最低；PB 历 史分位数，高速公路为主要红利资产细分行业中最高，铁路运输为最低；从行 业整体股息率看，高速公路为 3.58%，铁路运输、港口均在 2%-3%区间内，煤 炭和银行领先。6）资本运作：厦门港务拟购集装箱码头股权，交易价格为 61.78 亿；四川成渝、皖通高速所在联合体中标项目。

A shipping container is a standardized metal box used for transporting goods by sea, land, or air. Typically made of steel, it is designed to withstand rough handling, stacking, and transportation. These containers come in various sizes, commonly 20 feet to 40 feet in length. They have a secure door and can be easily loaded onto trucks, trains, or ships

Rigid plastics are a grade of highly toughened plastics that are used for a variety of applications such as packaging of bulk and unit materials. They are non-corrosive, lightweight, and easily moldable, which makes them a perfect choice for packaging.