根据中国证券监督管理委员会《上市公司独立董事规则》、《上海 证券交易所股票上市规则（2023 年 2 月修订）》和中远海运控股股份 有限公司（以下简称"公司"）《公司章程》的有关规定，我们作为公 司独立董事，本着勤勉尽责的态度，对拟提交公司第六届董事会第二 十七次会议审议的关于《中远海运控股股份有限公司关于中远海运集 团财务有限责任公司 2023 年半年度风险持续评估报告》的议案相关 材料进行了事先审查和研究，发表事前认可意见如下： 中远海运控股股份有限公司独立董事关于 公司第六届董事会第二十七次会议部分审议事项的事前认可意见 经审查，同意将上述议案提交公司第六届董事会第二十七次会议 审议；公司董事会对上述涉及关联交易事项进行审议时，关联董事应 当回避表决。 中远海运控股股份有限公司独立董事 吴大卫、周忠惠、张松声、马时亨 2023 年 8 月 29 日 ...

Financial Performance - Operating revenue for Q1 2023 was CNY 47.35 billion, a decrease of 55.13% compared to CNY 105.53 billion in the same period last year[3] - Net profit attributable to shareholders was CNY 7.13 billion, down 74.20% from CNY 27.62 billion year-on-year[3] - Basic earnings per share fell to CNY 0.44, a decline of 74.57% compared to CNY 1.72 in the previous year[3] - The company's EBIT for Q1 2023 is RMB 10.727 billion, a decrease of RMB 29.807 billion, representing a decline of 73.54% year-on-year[8] - Total revenue for Q1 2023 is RMB 42.303 billion, a decline of 57.40% compared to the previous year[12] - Total operating revenue for Q1 2023 was CNY 47.35 billion, a decrease of 55.2% compared to CNY 105.53 billion in Q1 2022[28] - Net profit for Q1 2023 was CNY 8.58 billion, a decline of 73.7% compared to CNY 32.57 billion in Q1 2022[29] - Total revenue from the container shipping business was RMB 45,700,657,000, a decrease of 58,152,198,000 compared to the same period last year[16] - The net profit for the container shipping business was RMB 7,586,247,000, a decrease of RMB 25,538,492,000 compared to the previous year[16] - Total comprehensive income for Q1 2023 was approximately ¥6.91 billion, a significant decrease from ¥32.03 billion in Q1 2022, representing an 78.4% decline[32] Cash Flow and Liquidity - Net cash flow from operating activities decreased by 90.16%, from CNY 62.53 billion to CNY 6.15 billion[3] - Cash inflow from operating activities in Q1 2023 was approximately ¥52.78 billion, down from ¥106.39 billion in Q1 2022, a decrease of 50.5%[34] - Cash outflow from operating activities in Q1 2023 was approximately ¥46.62 billion, compared to ¥43.85 billion in Q1 2022, an increase of 6.3%[35] - Net cash flow from operating activities for Q1 2023 was approximately ¥6.15 billion, a significant drop from ¥62.54 billion in Q1 2022, representing a decline of 90.2%[35] - The ending cash and cash equivalents balance as of Q1 2023 was approximately ¥222.31 billion, down from ¥236.14 billion at the end of Q1 2022, a decrease of 5.9%[37] - The company reported a significant increase in tax payments, with cash outflow for taxes in Q1 2023 amounting to approximately ¥8.88 billion, compared to ¥1.85 billion in Q1 2022, an increase of 380.5%[35] - The cash flow from investing activities showed a net outflow of -5,304,309,987.02 RMB in Q1 2023, with investment payments amounting to 5,301,109,987.02 RMB[48] - The net cash flow from financing activities was -228,774,817.10 RMB in Q1 2023, contrasting with a positive flow of 186,070.50 RMB in Q1 2022[49] - The net increase in cash and cash equivalents was -6,375,081,523.07 RMB in Q1 2023, compared to -117,833,411.57 RMB in Q1 2022, indicating a significant deterioration in liquidity[49] Operational Metrics - The average China Containerized Freight Index (CCFI) dropped by 68.45% year-on-year, impacting revenue from container shipping[5] - The total cargo volume for Q1 2023 is 5,452,920 TEUs, a decrease of 11.50% compared to the same period last year[10] - Revenue from the Trans-Pacific route for Q1 2023 is RMB 10.342 billion, down 65.83% year-on-year[12] - The Asia-Europe route revenue decreased by 66.71% year-on-year, totaling RMB 9.721 billion in Q1 2023[12] - The cargo volume on the Trans-Pacific route decreased by 18.83% year-on-year, totaling 984,530 TEUs in Q1 2023[10] - The total throughput of the group's ports reached 30,305,420 TEUs, a slight increase of 0.05% year-on-year[20] - The total container shipping fleet consists of 475 vessels with a capacity of 2.8934 million TEUs as of March 31, 2023[9] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 500.96 billion, a decrease of 2.14% from CNY 511.78 billion at the end of the previous year[3] - The company's total liabilities decreased to CNY 240.92 billion as of March 31, 2023, down 6.7% from CNY 258.14 billion at the end of 2022[26] - Current liabilities totaled CNY 144.03 billion, a reduction of 9.6% from CNY 159.38 billion at the end of 2022[25] - Non-current liabilities amounted to CNY 96.88 billion, down 1.8% from CNY 98.75 billion at the end of 2022[26] - The company's total equity increased to CNY 260.04 billion as of March 31, 2023, up 2.5% from CNY 253.79 billion at the end of 2022[27] Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders is 562,671, with the top ten shareholders holding a combined 42.59% of the total share capital[6][7] - The equity attributable to shareholders increased by 3.01% to CNY 206.62 billion from CNY 200.59 billion[3] Research and Development - Research and development expenses for Q1 2023 were CNY 209.78 million, an increase of 28.8% compared to CNY 162.76 million in Q1 2022[28] Investment Income - The company reported investment income of CNY 1.09 billion in Q1 2023, up 78.7% from CNY 612.87 million in Q1 2022[29] - The investment income for Q1 2023 was CNY 595,393,448.48, reflecting strong performance in this area[42] Accounting Standards - The company has adopted new accounting standards starting in 2023, which may impact future financial reporting[50]

Dividends and Financial Performance - COSCO SHIPPING Holdings announced a final dividend of RMB 1.39 per share for the year 2022, subject to shareholder approval[2]. - COSCO SHIPPING Holdings announced a cash dividend of RMB 2.01 per share for 2022, with a future dividend payout plan indicating that 30%-50% of the annual net profit attributable to shareholders will be distributed as dividends from 2022 to 2024[13]. - The company plans to distribute a total cash dividend of RMB 54.722 billion for 2022, which is approximately 50% of the net profit attributable to shareholders[24]. - The proposed cash dividend for the year-end 2022 is RMB 1.39 per share, totaling RMB 22.372 billion based on the total share capital of 16,094,861,636 shares, which represents approximately 50% of the net profit attributable to shareholders for 2022[104]. - The total cash dividends distributed for the year 2022, including the interim dividend, amount to RMB 54.722 billion, compared to RMB 13.933 billion for the year-end 2021[126]. - The company achieved a revenue of RMB 333.69 billion in 2021, ranking 37th in the 2022 Fortune China 500 list, an increase of 31 places from the previous year[14]. - The company's revenue for the year 2022 reached RMB 391,058,497 thousand, an increase of RMB 57,364,554 thousand, representing a growth rate of 17.19% compared to 2021[40]. - The profit attributable to equity holders of the company for continuing operations was RMB 109,684,166 thousand, an increase of RMB 20,335,218 thousand, with a growth rate of 22.76% compared to the previous year[40]. - The company reported an EBITDA of 191.26 billion RMB for 2022, an increase of 32.2% compared to 144.67 billion RMB in 2021[156]. - The net profit for the group rose to RMB 136,708,001,000, reflecting a significant increase compared to RMB 107,044,342,000 from the previous year[95]. Operational Developments - The company upgraded 8 shipping routes and added 3 new routes, totaling 42 routes with a fleet of 352 vessels and a capacity of 4.43 million TEU[12]. - The company launched a dedicated water transport service for supplies to Hong Kong, establishing a "lifeline" for epidemic prevention[12]. - COSCO SHIPPING Holdings received approval for the eBL electronic bill of lading system based on the GSBN blockchain platform, enabling large-scale application[12]. - The company signed a share transfer agreement for a 13.46% stake in COSCO SHIPPING Logistics for RMB 1.217 billion, enhancing its supply chain capabilities[18]. - The company launched the "MY REEFER" digital solution for cold chain management, enhancing visibility and control for customers[21]. - The company introduced a digital supply chain logistics platform, marking a significant step in its digital transformation efforts[21]. - The company launched new shipping routes in collaboration with the Ocean Alliance, enhancing service advantages on major trade lanes[25]. - The company completed a cargo volume of 7.5 million TEUs on third-country routes, reflecting its commitment to expanding international market presence[25]. - The company is advancing its digital transformation by optimizing supply chain services and launching the "Talent Pegasus" product[28]. - The company is constructing 12 methanol dual-fuel container ships to enhance its green fleet and sustainability efforts[29]. Sustainability and Environmental Initiatives - The company was included in several sustainability indices, reflecting its commitment to sustainable development practices[13]. - The company is committed to green transformation and sustainable development in the shipping industry, focusing on energy-saving technologies and green fuel research[106]. - The company has invested RMB 3.39 billion in environmental protection during the reporting period[135]. - 86% of the company's controlled terminals have obtained ISO 14001 environmental management system certification[137]. - The company has implemented a "oil-to-electric" conversion with a completion rate of 97.7% for its controlled terminals[140]. - The company aims to promote green methanol fuel as the preferred choice for its new energy container fleet[137]. - The company has established a comprehensive climate risk governance framework, integrating climate-related risk management into its overall risk management system[135]. - The company has developed a dynamic carbon emissions calculator to assist global customers in calculating their supply chain CO2 emissions[140]. Market Position and Strategy - The company maintained its leading position in the global container shipping market, with its fleet capacity ranking among the top tier in the industry according to Alphaliner data[76]. - The company emphasizes a global strategy, actively expanding into emerging markets and maintaining a balanced global layout to enhance profitability[85]. - The company aims to enhance its global carrier layout, focusing on optimizing mainline routes in Europe and America, with a total of 41 routes and a capacity of 4.62 million TEU as of December 2022[111]. - The company is focusing on integrating digital technologies with supply chain operations to enhance service resilience and competitiveness in the logistics sector[106]. - The company is expanding its global shipping network and digital information network to create a comprehensive service ecosystem in the container shipping sector[109]. - The company plans to enhance its comprehensive competitiveness in the container shipping and port operation sectors through strategic and business synergies, focusing on high-quality development[109]. Risk Management and Governance - The company emphasized the importance of risk awareness in its forward-looking statements, urging investors to consider investment risks[3]. - The company faces risks from slow global economic recovery and geopolitical tensions, which may impact logistics demand[116]. - The company is implementing strategies to monitor macroeconomic trends and enhance market sensitivity to mitigate risks[117]. - The company has established a communication and collaboration platform to improve planning and foresight in operations[195]. - The company has implemented a robust internal control management system to clarify responsibilities and improve risk management processes[195]. - The company has adopted its own corporate governance code, aligning with best practices and regulatory requirements[197]. - The company has maintained a commitment to best governance practices, with no reported violations of the corporate governance code during the reporting period[197]. Shareholder Information - As of March 10, 2023, China COSCO Shipping Group holds a total of 6,855,441,897 shares, representing approximately 42.59% of the total issued share capital[131]. - The cumulative amount of shares purchased by China COSCO Shipping Group from October 2021 to March 2023 is approximately RMB 16.77 billion[131]. - The total number of ordinary shareholders as of the end of the reporting period was 578,035[142]. - The major shareholder, China Ocean Shipping Company, is involved in international shipping and related services, indicating a focus on maritime logistics[147]. - The top ten shareholders include several state-owned enterprises, indicating a strong presence of state ownership in the company[146]. Future Outlook and Growth Plans - The company provided a positive outlook for 2023, projecting a revenue growth of 12% to 15% based on current market trends and demand forecasts[179]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by 2025[165]. - The company is considering strategic acquisitions to bolster its supply chain, with a budget of 1 billion RMB allocated for potential mergers and acquisitions in 2023[183]. - The company aims to enhance operational efficiency, projecting a 10% reduction in operational costs by implementing new management strategies[161]. - New product launches are expected to contribute an additional 1 billion RMB in revenue, with three major products set to be released in Q2 2023[180].

Financial Performance - For the year ended December 31, 2022, COSCO SHIPPING Holdings reported revenue of RMB 391,058,497,000, an increase of RMB 57,364,554,000 or 17.19% compared to 2021[1]. - The profit attributable to equity holders of the company for the same period was RMB 109,684,166,000, reflecting an increase of RMB 20,335,218,000 or 22.76% year-over-year[1]. - Basic and diluted earnings per share for 2022 were RMB 6.83 and RMB 6.78, respectively, compared to RMB 5.59 and RMB 5.56 in 2021[3]. - Operating profit for the year was RMB 162,998,834,000, up from RMB 128,346,320,000 in 2021[2]. - Total comprehensive income for the year was RMB 138,254,449,000, compared to RMB 101,955,902,000 in the previous year[4]. - The company reported a net profit of RMB 131,417,156 thousand for the year, compared to RMB 103,905,361 thousand in the previous year, indicating a year-over-year increase of approximately 26.4%[12][13]. - The company’s effective tax rate was approximately 21.4%, with income tax expenses totaling RMB 35,758,814 thousand for the year[12]. - The income tax expense for 2022 was RMB 35,758,814, compared to RMB 24,101,179 in 2021, reflecting the company's increased profitability[22]. Assets and Liabilities - Non-current assets totaled RMB 250,636,711,000 as of December 31, 2022, an increase from RMB 211,153,620,000 in 2021[5]. - Current assets amounted to RMB 261,143,003,000, compared to RMB 203,121,502,000 in the previous year[5]. - The total assets of the company reached RMB 511,779,714,000, up from RMB 414,275,122,000 in 2021[5]. - Total liabilities rose to RMB 258,256,246 thousand in 2022, compared to RMB 234,815,076 thousand in 2021, marking an increase of 10%[6]. - Non-current liabilities decreased to RMB 98,792,239 thousand in 2022 from RMB 113,449,542 thousand in 2021, a reduction of 13%[6]. - Current liabilities increased to RMB 159,464,007 thousand in 2022, compared to RMB 121,365,534 thousand in 2021, reflecting a rise of 31.4%[6]. - The net current assets increased to RMB 101,678,996 thousand in 2022 from RMB 81,755,968 thousand in 2021, indicating a rise of 24.4%[6]. Dividends - The board proposed a final dividend of RMB 1.39 per share for the year 2022[1]. - The company proposed a cash dividend of RMB 1.39 per share, totaling RMB 22.372 billion for the year-end distribution, which is approximately 50% of the net profit attributable to shareholders for 2022[24]. - The company distributed a total of RMB 54.722 billion in cash dividends for the year 2022, combining both the year-end and mid-year distributions[24]. Segment Performance - The profit from the container shipping segment was RMB 160,426,816 thousand, while the terminal business generated a profit of RMB 1,779,797 thousand, contributing to a total segment profit of RMB 162,998,834 thousand[12]. - Total revenue for the container shipping business reached RMB 384,035,553, with external revenue of RMB 383,993,233 for the year ended December 31, 2022[16]. - Revenue from the Americas region was RMB 115,007,179, while Europe generated RMB 100,760,668, and the Asia-Pacific region contributed RMB 92,876,196 for the same period[16]. - The total revenue for the terminal operations was RMB 9,798,133, with external revenue of RMB 7,065,264, indicating a significant contribution from the China region[16]. Investments and Acquisitions - The company completed acquisitions totaling RMB 22.83 billion for an 81% stake in Shanghai Tianhongli Asset Management and RMB 11.91 billion for 100% of Shanghai Haizhenlan Industrial[7]. - The group has a capital commitment of RMB 43,275,007 thousand for the construction of 44 container ships as of December 31, 2022[70]. - The group has entered into shipbuilding agreements for 12 methanol dual-fuel container ships at a total price of approximately RMB 206.3612 billion[74]. Operational Strategies - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency and customer service[12]. - The company plans to maintain stable growth in container fleet capacity and optimize global route networks while expanding into emerging and regional markets[44]. - The company aims to enhance digital supply chain construction by providing intelligent and visualized container services, replicating successful models from the home appliance and automotive industries[44]. - The company is focusing on green transformation and sustainable development, investing in energy-saving technologies and green fuel research[98]. Risk Management and Compliance - The company is enhancing its risk management mechanisms to ensure stable development amid a complex external environment[42]. - The company has adopted the standard code of conduct for securities trading by directors since its listing on the Hong Kong Stock Exchange in 2005, confirming compliance as of December 31, 2022[109]. - The Audit Committee, established in April 2005, consists of three independent non-executive directors, ensuring the capability to understand and review financial reports[110]. Market Trends and Future Outlook - The container shipping market is experiencing accelerated development and transformation due to challenges in global trade and supply chains[98]. - The integration of logistics supply chains is becoming crucial for enhancing service resilience and market competitiveness in the shipping industry[98]. - The Regional Comprehensive Economic Partnership (RCEP) is expected to drive over 10% export growth for member countries, presenting new opportunities for the port industry[99]. - In 2023, the company plans to optimize its global carrier layout, strengthening its presence in key routes, particularly in Europe and North America, with a total of 41 routes and a capacity of 4.62 million TEUs announced on December 7, 2022[101][102].

股票简称：中远海控 股票代码：601919 公告编号：2023-011 关于召开2022年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗 漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 中远海运控股股份有限公司（以下简称"公司"）已于 2023 年 3 月 30 日提 交披露了公司 2022 年年度报告，为便于广大投资者更全面深入地了解公司 2022 年度的业绩和经营情况，公司计划于 2023 年 4 月 10 日 14:00-15:00 举行 2022 年度业绩说明会。现将有关事项公告如下： 一、说明会类型 本次业绩说明会以上证路演中心网络互动形式召开，公司将针对 2022 年度 的业绩和经营情况与投资者进行互动交流和沟通，在信息披露允许的范围内就投 资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 （一）会议召开时间：2023 年 4 月 10 日 14:00-15:00； （二）会议召开方式：上证路演中心网络互动（网址： http://roadshow.sseinfo.com）。 中远海运控股股份有限公司 本公司执行董事、总 ...

Financial Performance - The total revenue for the third quarter of 2022 was approximately RMB 231.48 billion, representing a year-on-year increase of 14.68%[3] - The net profit attributable to shareholders for the same period was approximately RMB 92.21 billion, with a year-on-year increase of 6.42%[3] - Operating revenue increased by 36.75% year-to-date, driven by a significant rise in container shipping line revenue per box despite a decline in cargo volume[5] - Net profit attributable to shareholders rose by 43.74% year-to-date, supported by substantial growth in container shipping and stable growth in terminal operations[5] - Basic earnings per share increased by 42.92% year-to-date, reflecting improved profitability in the container shipping business[5] - Total revenue for the group in the first three quarters of 2022 was RMB 311,217,016 thousand, up from RMB 227,173,039 thousand in the same period of 2021, representing an increase of 36.94%[18] - EBIT for the group in the first three quarters of 2022 was RMB 138,254,569 thousand, reflecting a year-on-year increase of 48.83%[18] - Net profit for the first nine months of 2022 was RMB 61.04 billion, up 32.9% from RMB 45.91 billion in 2021[19] - The total comprehensive income for the first three quarters of 2022 reached RMB 124.56 billion, a significant increase from RMB 77.28 billion in the same period of 2021, representing a growth of approximately 61%[33] Cash Flow and Liquidity - The cash flow from operating activities for the quarter was RMB 105.76 billion, indicating a strong liquidity position[3] - Net cash flow from operating activities for the first three quarters of 2022 was RMB 166.44 billion, compared to RMB 113.98 billion in 2021, reflecting an increase of about 46%[35] - Cash and cash equivalents at the end of the third quarter of 2022 totaled RMB 296.17 billion, compared to RMB 144.61 billion at the end of the same period in 2021, marking an increase of about 105%[38] - The company reported a net cash outflow from investing activities of RMB 2.68 billion for the first three quarters of 2022, an improvement from a net outflow of RMB 5.33 billion in 2021[37] - Cash inflow from financing activities in the first three quarters of 2022 was RMB 5.31 billion, down from RMB 8.96 billion in the same period of 2021, reflecting a decrease of approximately 41%[38] Assets and Liabilities - The total assets of the company at the end of the reporting period were approximately RMB 549.70 billion, reflecting a solid asset base[3] - The company's total liabilities as of September 30, 2022, amounted to RMB 275.33 billion, an increase of 17.3% from RMB 234.82 billion at the end of 2021[29] - Total current assets as of September 30, 2022, amounted to RMB 324.78 billion, compared to RMB 203.03 billion at the end of 2021[25] - Non-current assets totaled RMB 224.91 billion as of September 30, 2022, up from RMB 211.24 billion at the end of 2021[26] - The total equity of the company as of September 30, 2022, was RMB 112.14 billion, up from RMB 89.31 billion in the previous year, representing an increase of around 25.6%[41] Operational Highlights - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[2] - The company emphasized the importance of maintaining accurate and complete financial reporting, ensuring compliance with regulatory standards[1] - The board of directors confirmed that the financial statements were not audited, highlighting the preliminary nature of the reported figures[2] - The fleet consisted of 503 container ships with a total capacity of 2,910,492 TEUs as of the end of September 2022[11] - Total container throughput for the group in Q3 2022 was 6,062,807 TEUs, a decrease of 8.23% compared to Q3 2021[12] Revenue Breakdown - Revenue from the Trans-Pacific route in Q3 2022 reached RMB 32,256,657 thousand, an increase of 28.77% year-on-year[14] - Revenue from the Asia region (including Australia) in Q3 2022 was RMB 24,349,049 thousand, an increase of 30.88% compared to Q3 2021[14] - Revenue from the China mainland route in Q3 2022 was RMB 2,996,010 thousand, a decrease of 7.04% year-on-year[14] - Container shipping revenue for the first nine months of 2022 reached RMB 207.70 billion, a year-on-year increase of 34.6% from RMB 154.35 billion in 2021[19] Investment and R&D - Research and development expenses for the first three quarters of 2022 were ¥991.31 million, a 47.3% increase from ¥673.34 million in 2021[30] - The group plans to continue expanding its market presence and enhancing operational efficiency through strategic investments and acquisitions[22]

Financial Performance - For the six months ended June 30, 2022, the company reported revenue of RMB 210.78 billion, a 51.3% increase from RMB 139.26 billion in the same period of 2021[6]. - The profit attributable to equity holders of the company was RMB 64.71 billion, up 74.4% from RMB 37.10 billion year-on-year[6]. - Basic earnings per share increased to RMB 4.04, compared to RMB 2.33 in the previous year, reflecting a growth of 73%[6]. - The company's operating profit reached RMB 91.93 billion, a significant increase of 91.3% from RMB 48.06 billion in the prior year[7]. - The total profit before tax was RMB 93.52 billion, representing a year-on-year growth of 95.8%[7]. - The company achieved an EBIT of RMB 95.29 billion, a 92.2% increase compared to the previous year, maintaining a leading position in the industry[8]. - The company achieved a revenue of RMB 210,784,853 thousand in the first half of 2022, an increase of RMB 71,520,506 thousand, representing a growth of 51.36% compared to the same period last year[15]. - Container shipping business revenue reached RMB 207,176,224 thousand, up RMB 70,738,592 thousand, with a growth rate of 51.85%[16]. - The company reported a net profit attributable to equity holders of RMB 64,711,625 thousand, an increase of RMB 27,613,782 thousand, reflecting a growth of 74.44% year-on-year[15]. - Operating costs amounted to RMB 112,738,319 thousand, an increase of RMB 26,601,945 thousand, with a growth rate of 30.88% compared to the previous year[21]. - The first half of 2022 saw a significant increase in financial income, reaching RMB 2,250,064 thousand, a rise of 599.57% compared to the previous year[13]. - The company reported a significant increase in cash and cash equivalents, reaching RMB 247,150,892 thousand, compared to RMB 177,946,969 thousand in the previous year, an increase of about 38.9%[128]. - The company reported a profit of RMB 76,669,960 thousand for the six months ended June 30, 2022, compared to RMB 42,870,414 thousand for the same period in 2021, representing an increase of approximately 79%[130]. - The company’s total equity as of June 30, 2022, was RMB 240,631,857 thousand, up from RMB 178,860,542 thousand at the beginning of the year, representing an increase of approximately 34%[131]. Financial Structure and Management - The debt-to-asset ratio improved to 51.48%, a decrease of 5.28 percentage points from the end of the previous year, indicating a stronger financial foundation[8]. - Cash and cash equivalents at the end of the reporting period amounted to RMB 247.15 billion, an increase of RMB 69.20 billion from the previous year-end[8]. - The company continues to optimize its financial structure and enhance its operational capabilities in response to market changes[7]. - The company is focusing on enhancing operational efficiency and risk management capabilities, which have significantly improved its resilience against external pressures[11]. - The company plans to enhance debt management and improve capital efficiency in response to potential risks from expanding financing scales[49]. - The company’s total borrowings amounted to RMB 3,434,356 thousand, down from RMB 4,545,618 thousand in the previous year, indicating a reduction in reliance on debt financing[134]. - The company’s long-term borrowings amounted to RMB 50,086,012 thousand, a decrease of 30.2% from RMB 71,678,036 thousand as of December 31, 2021[175]. - The company’s total liabilities decreased from RMB 88,841,181 thousand as of January 1, 2021, to RMB 50,086,012 thousand as of June 30, 2022[176]. Dividends and Shareholder Returns - The board proposed a mid-year dividend of RMB 2.01 per share, totaling approximately RMB 32.344 billion, which accounts for 50% of the net profit attributable to shareholders for the first half of 2022[9]. - The company plans to distribute a total cash dividend of 30%-50% of the net profit attributable to shareholders for the years 2022 to 2024, ensuring stable returns for investors[9]. - The proposed interim dividend per ordinary share is RMB 2.01, based on the year-end dividend of RMB 13,933,055,000 for the year ended December 31, 2021[197]. Operational Developments - The company achieved a 38.3% year-on-year increase in cargo volume for the China-Europe land-sea express line during the first half of 2022[9]. - The external trade e-commerce platform (SynCon Hub) saw a 48% year-on-year increase in transaction box volume, with continuous growth in end-to-end box volume and registered SMEs[10]. - The company upgraded its digital logistics operations, implementing full-process EDI connections between shipping companies and cargo owners for billing, reconciliation, invoicing, and payment[9]. - The company is advancing green low-carbon development, having completed the shore power transformation for 44 vessels as part of its energy efficiency management plan[10]. - The company is actively participating in the Global Shipping Business Network (GSBN) to simplify trade processes and enhance customer experience[9]. - The company has established a new upgraded DAY6 shipping product to strengthen its service network in traditional markets[9]. - The company anticipates stable growth in global container transport demand despite external uncertainties, with an increase in effective capacity supply expected[11]. - The company plans to enhance its digital supply chain platform and improve customer service to adapt to global economic changes and industry transformations[12]. - The company aims to strengthen cost control and improve management efficiency in response to market fluctuations and inflation pressures[12]. - The company is committed to building a world-class integrated logistics service ecosystem as part of its long-term vision[12]. Employee and Governance - As of June 30, 2022, the total employee cost (including director remuneration) amounted to approximately RMB 10,063,291,000, with around 31,212 employees in the group[79]. - The company has implemented various professional training programs to enhance the quality and capability of its human resources[79]. - The company emphasizes high standards of corporate governance, with 5 out of 7 directors attending the annual general meeting held on May 27, 2022[119]. - The audit committee has been established to review the financial reporting process and internal control systems, ensuring compliance with the Hong Kong Stock Exchange listing rules[118]. - The company actively communicates with the capital market, collecting feedback to inform decision-making processes[125]. - The company maintains a dedicated investor relations webpage for timely updates on announcements and reports[126]. Stock Options and Incentives - The stock option incentive plan allows for a total of up to 218,236,900 A-shares to be granted, representing about 1.72% of the company's A-share capital as of June 30, 2022[80]. - The company has established stock option plans aimed at enhancing shareholder value and aligning management interests with those of shareholders[164]. - The total number of stock options granted to the company's directors and senior management is 183,290,105, with 879,546 exercised during the reporting period[88]. - The stock options are subject to a two-year restriction period before they can be exercised[103]. - The stock options granted in 2020 and 2021 require individual performance assessments to meet the basic competency level for vesting[101]. - The stock options incentive plan has a total validity period of 10 years, with an exercise period of 7 years[92]. Market and Economic Outlook - The company anticipates that the high freight rates due to port congestion and container supply shortages are not sustainable in the medium to long term[183]. - The company’s management expects that the minimum volume commitments for the Long Beach Container Terminal may not be met due to uncertainties in the economic environment[183]. - The company is focusing on sustainable development by optimizing its fleet and supply chain to comply with new environmental regulations[12].

Financial Performance - Operating revenue for Q1 2022 reached RMB 105.53 billion, an increase of 62.75% compared to the same period last year[4] - Net profit attributable to shareholders was RMB 27.62 billion, reflecting a growth of 78.73% year-on-year[4] - Net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 27.48 billion, up 78.36% from the previous year[4] - Basic earnings per share were RMB 1.72, representing a 77.32% increase year-on-year[4] - Total revenue for the group is RMB 99.299 billion, reflecting a year-on-year growth of 63.56%[15] - Total operating revenue for Q1 2022 reached CNY 105.53 billion, a significant increase of 62.7% compared to CNY 64.84 billion in Q1 2021[31] - Net profit for Q1 2022 was CNY 32.55 billion, representing a 83.1% increase from CNY 17.80 billion in Q1 2021[32] - Total comprehensive income for Q1 2022 reached ¥32,009,655,853.91, a significant increase from ¥17,886,715,387.26 in Q1 2021, representing an increase of approximately 79.5%[35] Cash Flow and Liquidity - Net cash flow from operating activities amounted to RMB 62.53 billion, a significant increase of 131.78% compared to the same period last year[4] - Net cash flow from operating activities for Q1 2022 was ¥62,528,804,529.98, compared to ¥26,978,167,591.10 in Q1 2021, indicating a growth of approximately 132.1%[37] - Cash inflow from investment activities in Q1 2022 was ¥462,235,580.71, down from ¥556,430,768.33 in Q1 2021, a decrease of approximately 16.9%[38] - Cash outflow from financing activities in Q1 2022 totaled ¥6,156,056,702.64, compared to ¥13,255,785,724.54 in Q1 2021, indicating a reduction of approximately 53.7%[39] - The net increase in cash and cash equivalents for Q1 2022 was ¥57,669,268,322.71, compared to ¥18,507,947,249.71 in Q1 2021, representing an increase of approximately 211.5%[39] - The cash and cash equivalents increased to RMB 236,197,062,186.87 from RMB 178,328,227,514.54, indicating a strong liquidity position[26] Assets and Liabilities - Total assets at the end of the reporting period were RMB 476.29 billion, up 15.14% from the end of the previous year[5] - The company's total liabilities as of March 31, 2022, amounted to CNY 265.69 billion, an increase of 13.1% from CNY 234.81 billion at the end of 2021[29] - The company's total equity increased to CNY 210.60 billion as of March 31, 2022, compared to CNY 178.86 billion at the end of 2021[30] - The total assets of the company as of March 31, 2022, amounted to RMB 476,287,438,780.27, compared to RMB 413,668,080,701.40 at the end of 2021[26] Operational Efficiency - The significant increase in operating revenue was driven by a substantial rise in container shipping business revenue per box[7] - The company maintained stable operational efficiency in terminal business, contributing to overall profit growth[7] - The global supply chain bottleneck issues persisted, but the company focused on customer-centric service and operational stability[8] - The group operates a fleet of 511 container ships with a total capacity of 2,941,911 TEUs as of the end of March 2022[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 543,970[9] - The largest shareholder, China Ocean Shipping Company, holds 5,924,873,037 shares, representing 37.00% of total shares[10] - The total shares held by the top ten unrestricted shareholders amount to 11,000,000,000 shares[10] Revenue Breakdown - Revenue from the Trans-Pacific route increased by 93.31% to RMB 30.267 billion compared to the previous year[15] - The group’s revenue from the Asia region, including Australia, increased by 48.58% to RMB 23.598 billion[15] - The total revenue from the container shipping business reached RMB 103,852,771,000, a year-on-year increase of 63.47%[19] - EBIT (Earnings Before Interest and Taxes) for the container shipping business was RMB 39,539,772,000, reflecting a significant increase of 107.06% compared to the previous year[19] - The net profit for the container shipping business was RMB 33,116,429,000, up 85.73% year-on-year[19] Cost Management - Total operating costs for Q1 2022 were CNY 66.65 billion, up 42.7% from CNY 46.69 billion in Q1 2021[31] - The company reported a financial expense of CNY 362.78 million in Q1 2022, down from CNY 828.15 million in Q1 2021[31] - The company incurred financial expenses of CNY -110,233,807.18 in the first quarter of 2022, compared to CNY 62,956,577.68 in the first quarter of 2021, indicating a significant increase in financial costs[46] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[23]

Financial Performance - The company achieved a record EBIT of RMB 131.5 billion (approximately USD 20.38 billion) for the year, with container shipping EBIT reaching RMB 127.7 billion (approximately USD 19.79 billion) [7] - Net profit attributable to shareholders was RMB 89.296 billion, an increase of RMB 79.369 billion year-on-year, representing a growth of 799.52% [7] - Basic earnings per share were RMB 5.59 [7] - The company achieved operating revenue of RMB 333,693,611 thousand in 2021, an increase of RMB 162,434,777 thousand, representing a growth of 94.85% compared to the previous year [20] - The profit attributable to equity holders of the company reached RMB 89,296,138 thousand, an increase of RMB 79,369,040 thousand year-on-year [20] - The gross profit margin improved to 41.99% in 2021, up from 14.10% in the previous year, reflecting a 27.89% increase [14] - The company reported a net cash flow from operating activities reached RMB 170,948,374 thousand, a significant increase of RMB 126,017,818 thousand or 280.47% year-on-year [34] - The company reported a net cash and cash equivalents balance of RMB 177,946,969 thousand as of December 31, 2021, an increase of RMB 125,316,638 thousand or 238.11% from the end of the previous year [40] - The company’s EBITDA increased significantly to RMB 144.6 billion, a 375.25% increase compared to RMB 30.4 billion in the previous year [125] Debt and Financial Ratios - The company's debt-to-asset ratio decreased to 56.76%, down 14.3 percentage points from the previous year [7] - Operating costs for 2021 amounted to RMB 193,568,231 thousand, an increase of RMB 46,451,189 thousand or 31.57% from the previous year [32] - The income tax expense for 2021 was RMB 24,096,751 thousand, a substantial increase of RMB 23,336,536 thousand or 3,069.73% compared to the previous year [38] - The company’s sales, general, and administrative expenses were RMB 12,382,322 thousand, up RMB 2,475,850 thousand or 24.99% from the previous year [35] - The average revenue per TEU for international routes increased to USD 2,151.49, up from USD 1,010.91, showcasing improved pricing power [74] - Current ratio improved to 1.67 from 0.97, reflecting a 71.66% increase year-over-year [125] - Quick ratio also increased to 1.61 from 0.91, showing a 76.60% improvement [125] - Interest coverage ratio surged to 35.87 from 4.37, marking a 721.74% increase [125] Dividends and Shareholder Returns - The board proposed a cash dividend of RMB 0.87 per share (before tax), totaling RMB 13.932 billion based on the total share capital of 16.014 billion shares as of the end of 2021 [7] - The board has proposed a final dividend of RMB 0.87 per share for the year ending December 31, 2021, subject to shareholder approval [79] - The company has implemented a profit distribution policy that aims for a cash distribution of no less than 30% of the average distributable profit over the last three years [99] - The company aims to maintain a continuous and stable profit distribution policy to ensure reasonable returns for investors [99] Operational Efficiency and Market Adaptation - The company maintained a high level of service and optimized its route network to adapt to market changes during the challenges posed by the COVID-19 pandemic [6] - The company focused on enhancing customer relationships and exploring new end-to-end cooperation models to stabilize supply chains [6] - The logistics supply chain faced challenges such as port congestion and container shortages, impacting transportation demand and supply [6] - The company emphasized the importance of digital technology to assist customers in maintaining supply chain stability [6] - The company has accelerated the development of end-to-end logistics supply chain services, enhancing its global competitiveness and adapting to external environmental changes [59] - The company is actively expanding its global port layout and improving operational efficiency through lean management strategies [61] Strategic Initiatives and Future Outlook - The company plans to continue focusing on green, low-carbon, and intelligent shipping development while enhancing its service offerings [13] - The company aims to maintain a cautious optimism regarding market conditions, despite uncertainties from the pandemic and geopolitical events [13] - The company plans to optimize its shipping capacity supply and enhance its end-to-end service capabilities, focusing on customer-centric and value-leading strategies [87] - The company is exploring digitalization, automation, and green low-carbon port initiatives as part of industry development trends [83] - The company plans to implement cost-saving measures aimed at reducing operational expenses by 5% over the next year [200] Governance and Compliance - The company has implemented a robust corporate governance structure in compliance with legal regulations, enhancing operational efficiency and risk management processes [151] - The board of directors has adopted a standard code of conduct for securities trading, ensuring compliance since the company's listing in 2005 [152] - The company has strengthened internal governance and compliance management mechanisms, improving the effectiveness of board and committee operations [151] - The company has established a clear division of responsibilities and management accountability through its internal control management system [151] - The company has a structured reporting process for committees to report their decisions and recommendations to the board after each meeting [197] Market Trends and Industry Challenges - The global container shipping market is experiencing a slowdown in demand growth due to challenges in globalization and the impact of the COVID-19 pandemic on supply chains [80] - The industry is moving towards integrated supply chain services, with major shipping companies focusing on value-driven and service innovation [81] - There is an increasing trend of collaboration among global terminal operators to enhance competitiveness and reduce operational risks [82] - Terminal investments are shifting focus towards emerging markets, particularly in the Middle East, Africa, Southeast Asia, and South America [83] - The company identifies five major uncertainties affecting global economic recovery, including COVID-19 variants and geopolitical tensions [97] Corporate Social Responsibility - The company donated a total of 350 million yuan for charity and other contributions during the reporting period [110] - The company actively engaged in targeted poverty alleviation and rural revitalization projects, aligning with local government plans and increasing investment [110] - The company emphasized sustainable development principles, focusing on environmental protection and resource utilization [111]

Financial Performance - For the six months ended June 30, 2021, the company reported revenue of RMB 139.26 billion, a significant increase of 88.1% compared to RMB 74.05 billion in the same period of 2020[11]. - The profit attributable to equity holders of the company reached RMB 37.10 billion, up from RMB 1.14 billion in the previous year, marking a growth of 3160.5%[11]. - The basic earnings per share increased to RMB 2.33 from RMB 0.07, reflecting a substantial rise of 3171.4%[11]. - The company's operating profit for the first half of 2021 was RMB 48.06 billion, compared to RMB 3.41 billion in the same period last year, indicating a growth of 1306.5%[13]. - The net profit attributable to equity holders, excluding non-recurring gains and losses, was approximately RMB 37.02 billion, a year-on-year increase of 4096.43%[14]. - The net profit for the group reached RMB 42,040,861 thousand, a dramatic increase from RMB 1,332,616 thousand in the same period last year[61]. - The profit before tax for the first half of 2021 was RMB 47,768,445 thousand, compared to RMB 2,282,566 thousand in the same period of 2020, reflecting a substantial increase in profitability[145][146]. - The net profit for the six months ended June 30, 2021, was RMB 37,097,843 thousand, compared to RMB 1,137,164 thousand for the same period in 2020, indicating a significant increase of 3,261.5%[130]. Revenue Breakdown - The container shipping segment generated revenue of RMB 136.44 billion, a year-on-year increase of 90.59%[14]. - The terminal business segment reported revenue of RMB 3.72 billion, reflecting a growth of 15.28% compared to the previous year[14]. - Revenue from the container shipping business reached RMB 136,437,632 thousand, while the terminal business generated RMB 3,717,418 thousand, indicating strong performance across segments[145]. - Revenue from the Trans-Pacific route surged to RMB 33,661,663 thousand, marking a 74.50% increase from RMB 19,290,534 thousand in the previous year[56]. - The Asia-Europe route revenue increased by 154.37% to RMB 38,529,127 thousand, up from RMB 15,146,881 thousand[56]. - The revenue from the Americas region was RMB 34,031,807 thousand, while the European region generated RMB 39,381,930 thousand, and the Asia-Pacific region contributed RMB 33,391,608 thousand for the first half of 2021[153]. Operational Metrics - The company's container shipping business completed a total cargo volume of 13.84 million TEUs, a year-on-year increase of 16.84%[17]. - The total throughput of the company's ports reached 62.71 million TEUs, reflecting an increase of 8.81% year-on-year[17]. - The total cargo volume (in TEUs) for the group was 13,840,902, representing a year-on-year increase of 16.84% from 11,845,688 TEUs[53]. - The average China Containerized Freight Index (CCFI) for the first half of 2021 was 2,066.64 points, representing a year-on-year increase of 133.86%[14]. - The company reported a 3.7% increase in operational capacity compared to the same period last year, with trans-Pacific and Asia-Europe routes seeing capacity growth of 12% and 13%, respectively[15]. Cash Flow and Financial Position - The net cash flow from operating activities was RMB 63,887,646 thousand, an increase of RMB 52,449,955 thousand, representing a significant growth of 458.57% year-on-year[38]. - The company's cash and cash equivalents as of June 30, 2021, amounted to RMB 101,904,554 thousand, up from RMB 52,630,331 thousand at the beginning of the year, representing an increase of 93.4%[131]. - The total assets as of June 30, 2021, amounted to RMB 323,953,201 thousand, up from RMB 271,926,074 thousand at the end of 2020, marking an increase of 19%[126]. - The total liabilities reached RMB 204,091,273 thousand, increasing by RMB 10,862,256 thousand or 5.62% from the end of the previous year[41]. - The company's total equity rose to RMB 119,861,928 thousand, compared to RMB 78,697,057 thousand at the end of 2020, reflecting a growth of 52%[126]. Stock Options and Employee Incentives - The stock option incentive plan approved on December 3, 2018, allows for a total of up to 218,236,900 A-shares to be granted[76]. - As of June 30, 2021, a total of 143,896,738 stock options remained unexercised across 499 incentive participants[82]. - During the reporting period, 56,469,662 stock options were exercised, with 6,791,000 options canceled due to participants no longer qualifying[82]. - The company regularly reviews its compensation policies to enhance team quality and performance, aligning with market conditions[75]. - The stock options granted on June 19, 2018, have a vesting schedule where 33.3% will vest on June 19, 2020, and the remaining will vest in subsequent years[104]. Strategic Initiatives and Market Expansion - The company emphasized a customer-centric service philosophy to stabilize the global container logistics supply chain amid challenges such as port congestion and container shortages[14]. - The company is actively expanding into emerging markets, achieving a 24% year-on-year increase in container volume from these markets, with third-country market volume accounting for 38% of total foreign trade container volume[17]. - The company plans to expand its market presence through strategic acquisitions and partnerships, as evidenced by the recent acquisition of Tianjin Port Container Co., Ltd.[68]. - The company is committed to enhancing its digital capabilities and has initiated the construction of smart ports in various locations, leveraging advanced technologies such as 5G and autonomous vehicles[18]. Corporate Governance and Investor Relations - The company emphasizes high standards of corporate governance as a key factor in operational success and shareholder value enhancement[118]. - A total of 111 investor meetings were held, engaging 954 investors during the first half of the year[122]. - The audit committee has reviewed the unaudited interim financial information and recommended its adoption by the board[117]. - The company maintains a commitment to compliance and effective communication with the capital market[122].