辽宁港口股份有限公司 关于对招商局集团财务有限公司 2025 年上半年 风险持续评估报告 根据《上海证券交易所上市公司自律监管指引第 5 号— 交易与关联交易》的要求，辽宁港口股份有限公司（以下简 称"股份公司"）查阅了招商局集团财务有限公司（以下简 称"招商局财务公司"）《金融许可证》、《营业执照》等证件 资料，审阅了其资产负债表、利润表、现金流量表等定期财 务报告，对招商局财务公司的经营资质、业务和风险状况进 行了评估，现将有关风险评估情况报告如下： 一、招商局财务公司基本情况 招商局财务公司系经中国银行业监督管理委员会（现为 国家金融监督管理总局）批准，由招商局集团有限公司和中 国外运长航集团有限公司分别出资 25.5 亿元（持股比例 51%）、24.5 亿元（持股比例 49%)，在北京成立的有限责任 公司。招商局财务公司于 2011 年 5 月 17 日完成了工商注册 登记；社会统一信用代码证号：9111000071782949XA；金融 许可证机构编码：L0125H211000001；法定代表人：吴泊； 注册资本：人民币 50 亿元；注册地：北京市朝阳区安定路 5 号院 10 号楼 B 栋 15 层 ...

证券代码：601880 证券简称：辽港股份 公告编号：临2025-043 辽宁港口股份有限公司 关于向参股公司提供借款的公告 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。 次月，还款不高于870万元；借款期满之日（不含当日）前，偿还剩余全部款项。 （二）审议程序 2025年8月28日，公司第七届董事会2025年度第6次会议对《关于辽港股份为 参资企业散货物流中心按照股比提供内部借款的议案》进行了审议，公司董事以 8票同意、0票反对、0票弃权的表决结果审议通过了上述议案，并授权公司管理 层根据实际需要和本次交易进程全权处理本次交易后续相关事项。 （三）资助原因及合规性说明 一、借款事项概述 （一）基本情况 本次借款协议拟于2025年9月签署，借出方为辽港股份，借款方为散货物流 中心。借款金额2,896万元，借款期限3年，可提前还款，利随本清，借款利息按 一年期LPR动态调整，按季结息。借款用途为散货物流中心西芒杜项目前期工程 建设，提款方式为根据项目进度申请提款。还款安排为：自借款发放满两年后的 辽宁港口股份有限公司(以下简 ...

Core Viewpoint - The company, Liaoning Port Co., Ltd., is a major player in the port logistics industry in Northeast China, focusing on various types of cargo handling and logistics services, and is positioned to benefit from regional trade agreements and infrastructure developments [2][3][8]. Company Overview - Liaoning Port Co., Ltd. was established on November 16, 2005, and listed on December 6, 2010. Its main business includes oil/liquid chemical products terminal and related logistics, container terminal and related logistics, automobile terminal and related logistics, bulk cargo terminal and related logistics, grain terminal and related logistics, and passenger roll-on/roll-off terminal and related logistics [7][8]. - The company operates as a unified platform for port logistics in Dalian, leveraging its advantageous natural conditions and management capabilities to play a leading role in the development of the Dalian Northeast Asia International Shipping Center and the Liaoning Coastal Economic Belt [2][3]. Financial Performance - For the first quarter of 2025, the company reported operating revenue of 2.527 billion yuan, a year-on-year decrease of 12.51%, and a net profit attributable to shareholders of 204 million yuan, down 45.09% year-on-year [8]. - The company has distributed a total of 5.342 billion yuan in dividends since its A-share listing, with 1.439 billion yuan distributed over the past three years [9]. Market Position - Liaoning Port Co., Ltd. is the largest comprehensive terminal operator in Northeast China, with nearly 70 coastal routes, and is significantly impacted by the China-South Korea Free Trade Agreement, which is expected to enhance trade and investment opportunities [3][4]. - The company is part of various industry concepts, including RCEP, free trade ports, and the Belt and Road Initiative, indicating its strategic importance in regional trade [8]. Technical Analysis - The average trading cost of the company's shares is 1.54 yuan, with recent buying activity observed, although the strength of this accumulation is not strong. The current stock price is fluctuating between resistance at 1.68 yuan and support at 1.61 yuan, suggesting potential for short-term trading strategies [6].

Group 1 - The core viewpoint of the news highlights the recent trading performance of Liaoport Co., which experienced a decline of 1.83% on August 27, with a trading volume of 224 million yuan [1] - On August 27, Liaoport Co. had a financing buy-in amount of 33.44 million yuan and a financing repayment of 39.14 million yuan, resulting in a net financing outflow of 5.70 million yuan [1] - As of August 27, the total margin balance for Liaoport Co. was 243 million yuan, with the financing balance at 240 million yuan, accounting for 0.80% of the circulating market value, indicating a low level compared to the past year [1] Group 2 - Liaoport Co. was established on November 16, 2005, and listed on December 6, 2010, with its main business involving various port and logistics services, including oil, containers, automobiles, and bulk goods [2] - For the first quarter of 2025, Liaoport Co. reported an operating income of 2.527 billion yuan, a year-on-year decrease of 12.51%, and a net profit attributable to shareholders of 204 million yuan, down 45.09% year-on-year [2] - The company has distributed a total of 5.342 billion yuan in dividends since its A-share listing, with 1.439 billion yuan distributed in the last three years [3] Group 3 - As of March 31, 2025, the number of shareholders for Liaoport Co. was 229,300, a decrease of 0.82% from the previous period [2] - The top ten circulating shareholders include the Southern CSI 500 ETF, which holds 96.3767 million shares, a reduction of 10.7956 million shares compared to the previous period [3]

Group 1 - The core viewpoint of the news highlights the trading performance and financing activities of Liaoport Co., which experienced a 1.20% decline in stock price on August 26, with a trading volume of 390 million yuan [1] - On August 26, Liaoport Co. had a financing buy-in amount of 44.79 million yuan and a net financing buy of 12.65 million yuan, indicating active trading interest [1] - The total financing and securities balance of Liaoport Co. reached 249 million yuan as of August 26, with the financing balance accounting for 0.80% of the circulating market value, indicating a relatively high level compared to the past year [1] Group 2 - Liaoport Co. was established on November 16, 2005, and listed on December 6, 2010, with its main business involving various port and logistics services, including oil, containers, automobiles, and bulk goods [2] - For the first quarter of 2025, Liaoport Co. reported an operating income of 2.527 billion yuan, a year-on-year decrease of 12.51%, and a net profit attributable to shareholders of 204 million yuan, down 45.09% year-on-year [2] - The company has distributed a total of 5.342 billion yuan in dividends since its A-share listing, with 1.439 billion yuan distributed in the last three years [3] Group 3 - As of March 31, 2025, Liaoport Co. had 229,300 shareholders, a decrease of 0.82% from the previous period, with no circulating shares per capita [2] - Among the top ten circulating shareholders, the Southern CSI 500 ETF held 96.3767 million shares, a reduction of 10.7956 million shares compared to the previous period [3]

Core Viewpoint - Liaoning Port Co., Ltd. has experienced fluctuations in financing and trading activities, with a notable decrease in both revenue and net profit in the recent quarter [1][2]. Financing Summary - On August 25, Liaoning Port's financing buy amounted to 24.38 million yuan, while financing repayment was 27.22 million yuan, resulting in a net financing outflow of 2.83 million yuan [1]. - The total financing and securities balance for Liaoning Port reached 236 million yuan, with the current financing balance of 233 million yuan accounting for 0.75% of the circulating market value, which is below the 20th percentile level over the past year [1]. - The company had a high securities lending balance, with 5600 shares repaid and 10,000 shares sold on August 25, leading to a securities lending balance of 3.04 million yuan, exceeding the 60th percentile level over the past year [1]. Company Overview - Liaoning Port Co., Ltd. was established on November 16, 2005, and listed on December 6, 2010. Its main business includes various port and logistics services, with service revenue constituting 94.73% of total income [2]. - For the first quarter of 2025, the company reported operating revenue of 2.527 billion yuan, a year-on-year decrease of 12.51%, and a net profit attributable to shareholders of 204 million yuan, down 45.09% year-on-year [2]. Dividend and Shareholding Summary - Since its A-share listing, Liaoning Port has distributed a total of 5.342 billion yuan in dividends, with 1.439 billion yuan distributed over the past three years [3]. - As of March 31, 2025, the number of shareholders decreased by 0.82% to 229,300, with the average circulating shares per person remaining at zero [2][3].

资料显示，辽宁港口股份有限公司位于辽宁省大连保税区大窑湾新港商务大厦，成立日期2005年11月16 日，上市日期2010年12月6日，公司主营业务涉及油品/液体化工品码头及相关物流业务(油品部分);集装 箱码头及相关物流业务(集装箱部分);汽车码头及相关物流业务(汽车码头部分);散杂货码头及相关物流业 务(散杂货部分);散粮码头及相关物流业务(散粮部分);客运滚装码头及相关物流业务(客运滚装部分)及港 口增值与支持业务(增值服务部分)。主营业务收入构成为：劳务或服务94.73%，其他3.99%，商品 1.27%。 截至3月31日，辽港股份股东户数22.93万，较上期减少0.82%；人均流通股0股，较上期增加0.00%。 2025年1月-3月，辽港股份实现营业收入25.27亿元，同比减少12.51%；归母净利润2.04亿元，同比减少 45.09%。 分红方面，辽港股份A股上市后累计派现53.42亿元。近三年，累计派现14.39亿元。 来源：新浪证券-红岸工作室 8月21日，辽港股份涨1.25%，成交额2.47亿元。两融数据显示，当日辽港股份获融资买入额5741.87万 元，融资偿还6233.57万元，融资净买入 ...

Group 1 - The Shanghai Composite Index rose by 0.13% to close at 3771.1 points, while the Hang Seng Index fell by 0.24% to close at 25104.61 points [1] - Liaoning Port Group's A/H premium reached 102.66%, ranking 25th among A/H shares [1] - As of the close, Liaoning Port's A-shares were priced at 1.62 yuan, with a 1.25% increase, and H-shares were priced at 0.87 HKD, remaining flat [1] Group 2 - Liaoning Port Group, formerly known as Dalian Port Co., Ltd., was listed in Hong Kong and Shanghai in 2006 and 2010 respectively, making it the first port company in China with both A and H share financing platforms [1] - On February 9, 2021, Dalian Port Co., Ltd. merged with Yingkou Port Group Co., Ltd., and was renamed Liaoning Port Group [1] - The restructured Liaoning Port Group's business includes containers, oil products, bulk cargo, and passenger roll-on/roll-off services, primarily located in Dalian and Yingkou [1]

Group 1 - The core viewpoint of the news is that Liaoport Co., Ltd. has shown a stable trading performance with a slight increase in financing activities, while its financial results indicate a decline in revenue and net profit compared to the previous year [1][2][3] Group 2 - On August 18, Liaoport's stock price remained unchanged at 0.00%, with a trading volume of 175 million yuan. The financing buy-in amount was 26.08 million yuan, while the financing repayment was 23.01 million yuan, resulting in a net financing buy of 3.07 million yuan [1] - As of August 18, the total balance of margin trading for Liaoport was 239 million yuan, with a financing balance of 236 million yuan, accounting for 0.78% of the circulating market value, which is below the 30% percentile level over the past year [1] - In terms of securities lending, Liaoport repaid 3,000 shares on August 18, with no shares sold, resulting in a selling amount of 0.00 yuan. The remaining securities lending volume was 1.71 million shares, with a balance of 2.76 million yuan, which is above the 50% percentile level over the past year [1] Group 3 - Liaoport Co., Ltd. was established on November 16, 2005, and listed on December 6, 2010. Its main business includes oil/liquid chemical product terminals and related logistics, container terminals, automobile terminals, bulk cargo terminals, grain terminals, and passenger roll-on/roll-off terminals, with service revenue accounting for 94.73% of total revenue [2] - For the first quarter of 2025, Liaoport reported an operating income of 2.527 billion yuan, a year-on-year decrease of 12.51%, and a net profit attributable to shareholders of 204 million yuan, a year-on-year decrease of 45.09% [2] - Since its A-share listing, Liaoport has distributed a total of 5.342 billion yuan in dividends, with 1.439 billion yuan distributed in the last three years [3]

Group 1 - The core viewpoint of the news is that Liaoport Co., Ltd. has experienced fluctuations in its financing activities, with a net financing outflow on August 15, indicating potential investor caution [1] - On August 15, Liaoport's stock price increased by 1.26%, with a trading volume of 133 million yuan, while the financing buy-in amount was 15.6457 million yuan and the financing repayment was 19.4776 million yuan, resulting in a net financing outflow of 3.8319 million yuan [1] - As of August 15, the total balance of margin trading for Liaoport was 236 million yuan, with the financing balance at 233 million yuan, accounting for 0.77% of the circulating market value, which is below the 20th percentile level over the past year [1] Group 2 - Liaoport Co., Ltd. was established on November 16, 2005, and listed on December 6, 2010, with its main business involving various port and logistics services, including oil products, containers, automobiles, and bulk cargo [2] - For the first quarter of 2025, Liaoport reported an operating income of 2.527 billion yuan, a year-on-year decrease of 12.51%, and a net profit attributable to shareholders of 204 million yuan, down 45.09% year-on-year [2] - The company has distributed a total of 5.342 billion yuan in dividends since its A-share listing, with 1.439 billion yuan distributed in the last three years [3] Group 3 - As of March 31, 2025, Liaoport had 229,300 shareholders, a decrease of 0.82% from the previous period, with an average of 0 circulating shares per shareholder [2] - Among the top ten circulating shareholders, the Southern CSI 500 ETF held 96.3767 million shares, a decrease of 10.7956 million shares compared to the previous period [3]