[Shipping concept fluctuated and pushed up, Haitong Development hit the daily limit] On September 3rd, shipping concept fluctuated and pushed up, Haitong Development hit the daily limit, and COSCO Shipping Energy, China Merchants Shipping, China Merchants South Oil, and Air China Ocean Shipping followed suit. On the news, the Huayuan Securities report pointed out that the continued increase in crude oil production and tight shipping capacity are basically supporting good prospects. The "Changjin Factor" is reshaping the pricing logic. Geographical changes may continue to bring about emotional or fundamental catalysts. It is expected that the oil transportation market will be significantly improved in 2026.