Financial Performance - The company's operating revenue for the year was RMB 6,865,375,581.39, a decrease of 2.69% year-on-year[3][9] - The net profit for the year was RMB 1,574,590,220.36, an increase of 0.65% year-on-year[4][9] - The net profit attributable to the parent company's shareholders was RMB 1,564,897,805.73, an increase of 2.20% year-on-year[5][9] - The company reported a total comprehensive income of RMB 1,452,859,419.80, down from RMB 1,579,895,205.46 in the previous year[10] - The gross profit for the year was 261,531.74 million yuan, with a gross profit margin of 38.09%, an increase of 0.65 percentage points year-on-year[85] - The company's net profit for the year was CNY 1,574.59 million, a year-on-year increase of 0.65%, with a net profit margin of 22.94%, up 0.76 percentage points[104] Assets and Liabilities - The total current assets increased to RMB 4,975,430,791.18 from RMB 3,517,035,038.25, reflecting a significant growth[7] - The total liabilities decreased to RMB 7,608,797,848.52 from RMB 8,653,998,785.00, indicating improved financial stability[8] - The total assets as of December 31, 2024, were RMB 27,880,013,639.48, slightly down from RMB 28,026,106,959.77[7][8] - The asset-liability ratio as of December 31, 2024, was 27.29%, calculated as total liabilities divided by total assets[114] Cash Flow and Investments - As of December 31, 2024, the total cash and cash equivalents amounted to RMB 4,280,764,065.06, an increase from RMB 2,838,023,456.57 in the previous year, representing a growth of approximately 50.7%[18] - The company’s cash deposits with Hebei Port Group Financial Co., Ltd. increased to RMB 3,660,253,006.23 from RMB 2,075,790,264.80, marking a rise of approximately 76.5%[18] - The company’s total investment income for 2024 was RMB 421,204,791.03, an increase of 35.3% from RMB 311,501,884.52 in 2023[72] Revenue and Costs - The operating cost for 2024 was RMB 4,250,058,180.95, compared to RMB 4,413,559,410.53 in 2023, reflecting a decrease of 3.69%[66] - The company's total operating cost for the year was 425,005.82 million yuan, a decrease of 3.70% year-on-year, mainly due to cost reduction measures implemented[84] Dividends and Profit Distribution - The company proposed a final dividend of RMB 0.85 per share, including tax[6] - The profit distribution plan for the year 2024 proposes a cash dividend of RMB 0.85 per 10 shares, totaling RMB 474,930,020.00 to be distributed to all shareholders[125] - The dividend payment is expected to be completed by August 29, 2025, pending approval at the 2024 annual general meeting[126] Research and Development - Research and development expenses for the year were RMB 173,671,628.28, up from RMB 154,045,515.83 in the previous year, indicating a focus on innovation[9] Credit and Receivables Management - The accounts receivable totalled RMB 99,616,254.39 as of December 31, 2024, up from RMB 75,573,726.30 a year earlier, indicating an increase of about 31.7%[22] - The company’s overdue accounts receivable remained low, with only RMB 893,306.48 classified as over three years old, indicating effective credit management[22] - The provision for bad debts for accounts aged over three years is 100%, amounting to RMB 893,306.48, indicating a conservative approach to long-term receivables[30] - The total bad debt provision ratio for the year is approximately 5.99% of the total accounts receivable[30] Operational Highlights - The total cargo throughput for the reporting period was 414.00 million tons, an increase of 22.05 million tons or 5.63% compared to the same period in 2023[86] - Coal throughput was 208.83 million tons, a decrease of 8.05 million tons or 3.71% year-on-year, attributed to weak domestic demand and competition from imported coal[90] - Metal ore throughput increased to 156.62 million tons, an increase of 24.44 million tons or 18.49% year-on-year, driven by increased demand from construction and manufacturing sectors[91] Corporate Governance - The company has complied with the Listing Rules and Corporate Governance Code during the reporting period[123] - The independent non-executive directors constitute more than one-third of the board, with one member possessing accounting qualifications and financial management experience[128] - The company has appointed Deloitte Touche Tohmatsu Certified Public Accountants as its domestic auditor for the financial statements[129]

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 秦皇島港股份有限公司 呈交日期: 2025年3月3日 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03369 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 829,853,000 | | 0 | | 829,853,000 | | 增加 / 減少 (-) | | | 0 | | 0 | | | | 本月底結存 | | | 829,853,000 | | 0 | | 829,853,000 | | 2. 股份分類 | 普通股 | 股份類別 | A | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | - ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 秦 皇 島 港 股 份 有 限 公 司 QINHUANGDAO PORT CO., LTD.* （於中華人民共和國註冊成立的股份有限公司） （股份代號：03369） (1) 變更聯席公司秘書及於香港接受送達法律程序文件及通知書之代理人； 及 (2) 變更香港主要營業地點 (1) 變更聯席公司秘書及於香港接受送達法律程序文件及通知書之代理人 秦皇島港股份有限公司（「本公司」）董事會（「董事會」）謹此宣佈，朱瀚樑先生（「朱先生」）因工作變 動辭任本公司之聯席公司秘書，自本公告日期起生效。 朱先生已確認其與董事會概無意見分歧，亦無有關彼辭任的其他事宜須提請香港聯合交易所有 限公司（「聯交所」）或本公司股東垂注。 董事會欣然宣佈委任伍秀薇女士（「伍女士」）擔任本公司的聯席公司秘書，自本公告日期起生效。 伍女士具備聯交所證券上市規則（「上市規則」）第3.28條規定之公司秘書資格。田宏偉先生（「田先 生」）將繼續擔 ...

Financial Performance - Operating revenue for Q3 2024 was CNY 1,608,125,930.85, a decrease of 9.55% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 328,551,080.85, down 13.50% year-on-year[3]. - Basic earnings per share decreased by 14.29% to CNY 0.06[3]. - Total operating revenue for the first three quarters of 2024 was CNY 5,069,720,133.19, a decrease of 5.46% compared to CNY 5,362,149,555.60 in the same period of 2023[16]. - Net profit attributable to shareholders for the first three quarters of 2024 was CNY 1,363,897,799.28, compared to CNY 1,339,136,348.04 in 2023, indicating a growth of 1.84%[17]. - Net profit for the first three quarters of 2024 was CNY 972,104,176.42, down from CNY 991,068,730.68 in 2023, reflecting a decrease of 1.4%[29]. - The total comprehensive income attributable to the parent company for the first three quarters of 2024 was CNY 1,313,162,969.99, down from CNY 1,421,012,396.38 in 2023, a decrease of 7.61%[19]. Assets and Liabilities - Total assets as of the end of the reporting period were CNY 28,001,126,249.27, a slight decrease of 0.09% from the previous year[3]. - The total current assets as of September 30, 2024, amount to 3,069,578,839.29 RMB, a decrease from 3,517,035,038.25 RMB as of December 31, 2023[11]. - The total liabilities as of September 30, 2024, amount to 3,005,955,963.00 RMB, compared to 3,160,693,624.71 RMB as of December 31, 2023, indicating a reduction in liabilities[13]. - The total assets as of September 30, 2024, were CNY 19,899,314,924.90, a slight increase from CNY 19,736,735,635.60 at the end of 2023[25]. - The total liabilities decreased from CNY 8,653,998,785.00 as of December 31, 2023, to CNY 7,797,907,994.04 as of September 30, 2024, a reduction of approximately 9.88%[14]. - The total equity increased from CNY 19,372,108,174.77 as of December 31, 2023, to CNY 20,203,218,255.23 as of September 30, 2024, representing an increase of 4.28%[15]. Cash Flow - Cash flow from operating activities for the year-to-date was CNY 2,111,617,991.22, down 11.02%[3]. - Operating cash flow for the first three quarters of 2024 was CNY 2,111,617,991.22, a decrease of 11.0% compared to CNY 2,373,181,906.59 in the same period of 2023[21]. - Total cash inflow from investment activities was CNY 1,454,790,993.91, while cash outflow was CNY 1,746,613,572.24, resulting in a net cash flow of -CNY 291,822,578.33, compared to a positive net cash flow of CNY 216,816,556.57 in 2023[22]. - Cash and cash equivalents at the end of Q3 2024 amounted to $1.21 billion, a decrease of 65.7% from $3.53 billion at the end of Q3 2023[31]. - The net increase in cash and cash equivalents for the first three quarters of 2024 was $414.61 million, a significant decrease from $1.00 billion in 2023, reflecting a 58.7% decline[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 54,420, with the largest shareholder, Hebei Port Group Co., Ltd., holding 3,144,268,078 shares, representing 56.27% of the total shares[8]. - The top ten shareholders hold a combined total of 4,823,000,000 shares, accounting for 88.69% of the total shares[9]. Operational Insights - The company reported a significant increase in accounts receivable by 61.40% due to the growth in operations at its subsidiary[7]. - The company experienced a 46.23% decrease in minority shareholder profit due to reduced profitability at its subsidiary[7]. - The company plans to expand its operations and enhance its service offerings in the coming quarters[3]. - The company has not reported any new product or technology developments in the current reporting period[10]. - There is no indication of market expansion or mergers and acquisitions in the recent financial disclosures[10]. - The company has not provided any future performance guidance or outlook in the current report[10]. - The company plans to continue focusing on market expansion and new product development to drive future growth[28]. Expenses and Costs - Total operating costs for the first three quarters of 2024 were CNY 3,825,602,307.73, down from CNY 4,027,193,710.23 in 2023, reflecting a cost reduction of 5.01%[16]. - Research and development expenses for the first three quarters of 2024 were CNY 70,950,192.97, slightly up from CNY 69,297,815.72 in 2023, showing a growth of 2.52%[16]. - Research and development expenses increased to CNY 57,049,711.80 in 2024 from CNY 53,273,884.12 in 2023, marking an increase of about 7.3%[28]. - The company reported a financial expense reduction from CNY 110,614,321.16 in 2023 to CNY 49,051,446.10 in 2024, a decrease of approximately 55.69%[16]. - The company reported a financial expense of CNY -67,948,341.34 in 2024, compared to CNY -57,789,818.54 in 2023, reflecting an increase in financial costs[28]. Accounting and Standards - The company is implementing new accounting standards starting in 2024, which may affect financial reporting[31]. - The company's leadership includes Chairman Zhang Xiaoqiang and other key executives, ensuring strategic oversight[31].

Financial Performance - The company's operating revenue for Q3 2024 was ¥1,608,125,930.85, a decrease of 9.55% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥328,551,080.85, down 13.50% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥328,078,084.38, a decrease of 11.40% compared to the same period last year[4]. - The basic earnings per share for Q3 2024 was ¥0.06, reflecting a decline of 14.29% year-on-year[4]. - Total operating revenue for the first three quarters of 2024 was CNY 5,069,720,133.19, a decrease of 5.46% compared to CNY 5,362,149,555.60 in the same period of 2023[15]. - Net profit for the first three quarters of 2024 reached CNY 1,363,897,799.28, representing an increase of 1.84% from CNY 1,339,136,348.04 in 2023[18]. - Total comprehensive income for the period attributable to the parent company was CNY 1,289,885,612.20, a decrease from CNY 1,372,163,181.58 in the same period last year, representing a decline of approximately 6.0%[20]. - Basic and diluted earnings per share for the period were both CNY 0.24, compared to CNY 0.23 in the previous year, indicating a growth of about 4.3%[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥28,001,126,249.27, a slight decrease of 0.09% from the end of the previous year[4]. - The equity attributable to shareholders at the end of the reporting period was ¥19,250,400,184.82, an increase of 4.49% compared to the end of the previous year[4]. - The company's total assets amounted to CNY 28,001,126,249.27, slightly down from CNY 28,026,106,959.77 at the end of the previous period[14]. - Total liabilities decreased to CNY 7,797,907,994.04 from CNY 8,653,998,785.00, reflecting a reduction of approximately 9.88%[14]. - The total liabilities decreased to CNY 1,602,731,953.71 from CNY 1,870,353,901.04, indicating a reduction of about 14.3%[24]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥2,111,617,991.22, down 11.02% year-on-year[4]. - Cash inflow from operating activities totaled CNY 5,406,837,211.48, down from CNY 5,730,044,801.63, reflecting a decrease of approximately 5.7%[21]. - Cash outflow from operating activities was CNY 3,295,219,220.26, slightly reduced from CNY 3,356,862,895.04, showing a decrease of about 1.8%[21]. - The ending balance of cash and cash equivalents was CNY 2,416,362,804.99, down from CNY 4,608,629,224.03 at the end of the previous year, a decrease of approximately 47.5%[22]. - The company reported a decrease in cash received from tax refunds to CNY 669,518.53 from CNY 3,111,377.49, a decline of about 78.5%[21]. - The cash and cash equivalents at the end of the third quarter of 2024 amounted to ¥1,208,197,150.04, significantly lower than ¥3,525,712,321.79 at the end of the same period in 2023, indicating a decrease of approximately 65.7%[29]. Investments and Expenses - The company reported a significant increase in construction in progress by 94.77%, primarily due to the expansion of the multi-purpose terminal project[6]. - Research and development expenses for the first three quarters of 2024 were CNY 70,950,192.97, slightly up from CNY 69,297,815.72 in 2023[17]. - The company reported investment income of CNY 292,059,305.93, an increase from CNY 239,002,441.06 in the previous year[17]. - The company's long-term equity investments rose to CNY 3.84 billion, a slight increase from CNY 3.82 billion[12]. - The company reported a significant increase in investment income to CNY 285,623,603.72 from CNY 237,727,453.18, marking an increase of about 20.1%[25]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 54,420[7]. - The company's equity attributable to shareholders increased to CNY 19,250,400,184.82, up from CNY 18,423,519,428.29, indicating a growth of 4.48%[14]. - The total equity increased to CNY 18,296,582,971.19 from CNY 17,866,381,734.56, indicating a growth of about 2.4%[24]. Operational Updates - The company has not disclosed any significant new product developments or technological advancements in this report[11]. - There are no updates on market expansion or mergers and acquisitions mentioned in the report[11]. - The report does not indicate any changes in the company's strategic direction or guidance for future performance[11].

(於中華人民共和國註冊成立的股份有限公司 ) 股份代號 : 3369 大學文文學文 DALIAN STAR e 2024 中期報告 僅供識別 重要提示 一、 本公司董事會、監事會及董事、監事、高級管理人員保證 半年度報告內容的真實性、準確性、完整性，不存在虛假 記載、誤導性陳述或重大遺漏，並承擔個別和連帶的法律 責任。 二、 公司全體董事出席董事會會議。 三、 本半年度報告未經審計。 四、 公司負責人張小強、主管會計工作負責人卜周慶及會計機 構負責人（會計主管人員）趙靚珺聲明：保證半年度報告中 財務報告的真實、準確、完整。 五、 董事會決議通過的本報告期利潤分配預案或公積金轉增股 本預案 不適用 六、 前瞻性陳述的風險聲明 √ 適用 □ 不適用 本報告所涉及的未來計劃、發展戰略等前瞻性描述不構成 公司對投資者的實質承諾，敬請投資者注意投資風險。 七、 是否存在被控股股東及其他關聯方非經營性佔用資金情況 否 八、 是否存在違反規定決策程序對外提供擔保的情況 否 九、 是否存在半數以上董事無法保證公司所披露半年度報告的 真實性、準確性和完整性 否 十、 重大風險提示 公司已在本報告中描述可能存在的相關風險，具體內 ...

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the first half of 2024, representing a 15% increase compared to RMB 1.04 billion in the same period of 2023[7]. - The net profit attributable to shareholders for the first half of 2024 was RMB 300 million, up 20% from RMB 250 million in the first half of 2023[7]. - The company's operating revenue for the first half of 2024 was ¥3,461,594,202.34, a decrease of 3.42% compared to the same period last year[14]. - Net profit attributable to shareholders was ¥1,010,289,679.26, representing an increase of 10.69% year-on-year[14]. - The company's net profit for the first half of 2024 was RMB 103,168.67 million, representing a year-on-year increase of 8.47%, with a net profit margin of 29.19%, up 3.72 percentage points[41]. - The company's gross profit for the period was RMB 139,230.82 million, with a gross profit margin of 40.22%, an increase of 0.32 percentage points year-on-year[39]. - The company reported a comprehensive income total of CNY 973,195,367.94 for the first half of 2024, down from CNY 1,010,388,748.97 in the previous year[94]. - The company reported a total comprehensive income of ¥614.84 million for the first half of 2024[102]. Cargo Throughput and Operations - The company handled a total cargo throughput of 15 million tons in the first half of 2024, which is a 10% increase year-on-year from 13.64 million tons[7]. - The average daily container throughput increased to 1,200 TEUs, a 12% rise compared to 1,071 TEUs in the same period last year[7]. - The company achieved a total cargo throughput of 202.16 million tons in the first half of 2024, an increase of 5.68 million tons or 2.89% compared to 196.48 million tons in the same period of 2023[21]. - Qinhuangdao Port's cargo throughput was 89.14 million tons, a decrease of 3.15 million tons or 3.41% from 92.29 million tons in 2023, primarily due to weak domestic coal market demand[21][22]. - Caofeidian Port's cargo throughput increased to 65.38 million tons, up by 3.72 million tons or 6.03% from 61.66 million tons in 2023, driven by high demand for iron ore imports from steel enterprises[22]. - Huanghua Port's cargo throughput rose to 47.64 million tons, an increase of 5.11 million tons or 12.02% from 42.53 million tons in 2023, attributed to the development of green logistics channels for aluminum ore transportation[22]. Strategic Plans and Investments - The company plans to expand its operational capacity by 25% by the end of 2025 through the development of new berths and upgrading existing facilities[7]. - Investment in new technologies, including automated loading and unloading systems, is projected to reach RMB 200 million in 2024[7]. - The company aims to increase its market share in the northern China logistics sector by 15% over the next two years[7]. - The company is focused on expanding its market presence in resource-scarce regions such as Shanghai, Jiangsu, and Zhejiang, which are major consumers of coal and iron ore[19]. - The company plans to enhance coal marketing strategies and expand customer bases in regions such as Central and South Hebei and Northwest China in the second half of 2024[36]. Financial Position and Cash Flow - The net cash flow from operating activities was ¥1,481,449,302.79, down by 6.35% compared to the previous year[14]. - The company's construction in progress increased by 94.93% to RMB 1,589,077,471.63, mainly due to the expansion of the multi-purpose terminal project[31]. - As of June 30, 2024, cash and cash equivalents amounted to RMB 2,943,437,678.91, representing 10.26% of total assets, an increase of 3.71% from the previous year[31]. - The net cash flow from investment activities improved by 50.72% to RMB -369,336,395.03, influenced by the disposal of equity and increased dividends from investee companies[29]. - The net cash flow from financing activities was RMB -269,112,569.03, a 62.52% improvement, primarily due to reduced loan repayments[29]. Risk Management and Compliance - The board of directors has acknowledged potential risks related to market fluctuations and regulatory changes, which are detailed in the management discussion section[2]. - The company faces risks from the carbon neutrality goals impacting coal demand and competition among ports in the Bohai Rim[38]. - The company is classified as a key pollutant discharge unit in Qinhuangdao City and has complied with pollution discharge regulations, with no production wastewater discharged in the first half of 2024[48][50]. - The company has committed to fulfilling all public commitments made during the issuance process and will accept social supervision[61]. Corporate Governance and Shareholder Matters - The company held its 2023 annual general meeting on June 25, 2024, where 10 resolutions were approved, including the financial report and profit distribution plan[44]. - The company did not propose any profit distribution or capital reserve increase for the half-year period[47]. - The company has appointed new executives, including Sun Jinggang and Ding Xiaoping as vice presidents, and elected Liu Li and Zhou Qing as independent non-executive directors[45][46]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[64]. - The company and its controlling shareholders have maintained a good credit status, with no unfulfilled court judgments or significant overdue debts[64]. Accounting Policies and Financial Reporting - The company’s financial statements comply with the accounting standards set by the Ministry of Finance, ensuring accurate reflection of its financial status[115]. - The group recognizes financial assets or liabilities at fair value on the transaction date, with subsequent measurement based on amortized cost or fair value depending on the classification[131]. - The group assesses expected credit losses for financial assets measured at amortized cost, with provisions based on the entire lifetime expected credit losses or 12-month expected credit losses depending on credit risk changes[137]. - The group applies the effective interest method to calculate interest income on financial assets measured at amortized cost, adjusting for credit impairment when necessary[134]. - The company has not made any significant changes to its accounting policies or estimates for the reporting period[187].

Financial Performance - The company's operating revenue for the period was RMB 3,461.59 million, a decrease of 3.42% year-on-year[2]. - Gross profit for the period was RMB 1,392.31 million, down 2.64% year-on-year, with a gross margin of 40.22%, an increase of 0.32 percentage points year-on-year[2]. - Net profit for the period was RMB 1,031.69 million, an increase of 8.47% year-on-year, with net profit attributable to the parent company reaching RMB 1,010.29 million, up 10.69% year-on-year[2]. - Earnings per share for the period were RMB 0.18, reflecting a growth of 12.50% year-on-year[2]. - The total comprehensive income attributable to the parent company's shareholders for the period from January 1 to June 30, 2024, was RMB 973,195,367.94, a decrease from RMB 1,010,388,748.97 in the same period of 2023, representing a decline of approximately 3.5%[6]. - Basic earnings per share increased to 0.18 from 0.16, reflecting a growth of 12.5% year-over-year[6]. - The total comprehensive income attributable to minority shareholders was RMB 953,578,064.42, compared to RMB 969,722,147.18 in the previous year, indicating a decrease of about 1.7%[6]. - The company reported a net other comprehensive income after tax of RMB (58,491,296.22), compared to RMB 59,246,885.66 in the same period last year, showing a significant change[6]. - The company's net profit for the period was RMB 1,031.69 million, an increase of 8.47% year-on-year, with a net profit margin of 29.19%, up by 3.72 percentage points[67]. - Earnings per share rose to RMB 0.18, reflecting a year-on-year increase of 12.50%[68]. Assets and Liabilities - Total assets as of June 30, 2024, amounted to RMB 28,697.36 million, an increase from RMB 28,026.11 million as of December 31, 2023[3]. - Total liabilities as of June 30, 2024, were RMB 8,833.34 million, compared to RMB 8,653.99 million at the end of 2023[4]. - Current liabilities totaled RMB 3,764.83 million, an increase from RMB 3,160.69 million at the end of 2023[4]. - Non-current assets increased to RMB 25,214.65 million from RMB 24,509.07 million at the end of 2023[3]. - The company reported a significant increase in long-term equity investments, rising to RMB 4,055.45 million from RMB 3,821.43 million[3]. - The company's debt-to-asset ratio as of June 30, 2024, was 30.78%, a decrease of 0.1 percentage points from 30.88% on December 31, 2023[69]. - The current ratio and quick ratio as of June 30, 2024, were 0.93 and 0.84, respectively, down from 1.73 and 1.68 a year earlier[72]. Cash Flow and Investments - As of June 30, 2024, cash and cash equivalents totaled RMB 2,943,437,678.91, an increase from RMB 2,838,023,456.57 as of December 31, 2023, reflecting a growth of approximately 3.7%[16]. - The net cash flow from operating activities for the company was RMB 148,144.93 million, a decrease of 6.35% year-on-year, primarily due to a decline in coal throughput affecting cash inflows[69]. - The net cash flow from investing activities was RMB -36,933.64 million, an increase of 50.72% year-on-year, mainly due to the disposal of equity in Tangshan Port Caofeidian Tugboat Co., Ltd. and increased dividends from investee companies[69]. - The net cash flow from financing activities was RMB -26,911.26 million, an increase of 62.52% year-on-year, primarily due to a reduction in loan repayments[69]. - The company's financial expenses decreased to RMB 34,885,182.45 from RMB 83,256,173.02, reflecting a significant reduction in interest expenses[45]. - The total investment income for the first half of 2024 was RMB 223,774,464.83, an increase of 29.99% from RMB 172,114,476.21 in the same period of 2023[44]. Revenue and Operational Metrics - Operating revenue for the first half of 2024 was RMB 3,461,594,202.34, a decline from RMB 3,584,196,340.31 in the same period of 2023, indicating a decrease of about 3.4%[41]. - The company's main business revenue for the first half of 2024 was RMB 3,451,709,173.13, down from RMB 3,575,207,931.38 in the same period of 2023, indicating a decline of about 3.5%[41]. - The revenue from coal and related products service was RMB 2,270,746,659.54, down from RMB 2,487,802,244.20, while revenue from metal ore and related products service increased to RMB 968,638,028.61 from RMB 680,539,655.80[43]. - The total cargo throughput for the company was 202.16 million tons, an increase of 2.89% from 196.48 million tons in the same period of 2023[53]. - At Qinhuangdao Port, cargo throughput was 89.14 million tons, a decrease of 3.15 million tons or 3.41% from 92.29 million tons in 2023, primarily due to weak domestic coal demand and the impact of imported coal[54]. - At Caofeidian Port, cargo throughput increased to 65.38 million tons, up by 3.72 million tons or 6.03% from 61.66 million tons in 2023, driven by high demand for iron ore imports[55]. - The company's port ancillary and value-added services revenue was RMB 46.74 million, a growth of 5.16% compared to RMB 44.45 million in 2023[62]. Future Outlook and Strategic Initiatives - The company plans to enhance port services and maintain stable coal cargo volumes in response to a weak supply-demand situation in the coal market for the second half of 2024[74]. - The company aims to expand its customer base in regions such as Central and South Hebei, Northwest, and Shanxi for metal ores, while promoting green energy channel construction[75]. - The company plans to expand its market presence by increasing its operational capacity by 20% over the next two years[84]. - New technology initiatives are expected to enhance operational efficiency, aiming for a 25% reduction in turnaround time for vessels[84]. - The company is exploring potential acquisitions to strengthen its logistics network, targeting a 30% increase in service coverage[84]. - Future guidance estimates a revenue growth of 8-10% for the next fiscal year, driven by increased demand in the logistics sector[84]. - The company is investing RMB 200 million in research and development for new product offerings in the logistics technology space[84]. - The board has approved a strategic plan to enhance partnerships with local governments to improve port infrastructure[84].

Financial Performance - Operating revenue for Q1 2024 was CNY 1,713,687,914.24, a decrease of 0.71% compared to the same period last year[2]. - Net profit attributable to shareholders was CNY 433,950,677.22, an increase of 3.84% year-on-year[2]. - The net profit after deducting non-recurring gains and losses was CNY 431,981,392.42, reflecting a growth of 10.22%[2]. - Total operating revenue for Q1 2024 was RMB 1,713,687,914.24, a slight decrease of 0.2% compared to RMB 1,726,009,525.03 in Q1 2023[16]. - Net profit for Q1 2024 increased to RMB 444,319,257.60, up 2.0% from RMB 434,600,442.67 in Q1 2023[18]. - The company's net profit for Q1 2024 was CNY 378,929,329.19, compared to CNY 390,194,416.49 in Q1 2023, reflecting a decrease of approximately 2.7%[32]. - Total profit for Q1 2024 was approximately ¥378.84 million, a decrease of 2.1% from ¥389.66 million in Q1 2023[33]. - Net profit for Q1 2024 was approximately ¥301.78 million, down 2.2% from ¥308.53 million in Q1 2023[33]. - Total comprehensive income for Q1 2024 was approximately ¥313.59 million, a decrease of 12.6% from ¥358.61 million in Q1 2023[33]. Cash Flow - Cash flow from operating activities amounted to CNY 725,460,808.36, with basic earnings per share at CNY 0.08, up 14.29%[2]. - Cash flow from operating activities for Q1 2024 was RMB 1,047,858,309.95, compared to RMB 1,057,831,444.44 in Q1 2023, indicating a decrease of 0.9%[23]. - Cash flow from investing activities generated a net inflow of RMB 433,616,887.16 in Q1 2024, slightly down from RMB 442,050,486.27 in Q1 2023[24]. - Cash flow from financing activities showed an inflow of RMB 200,000,000.00 in Q1 2024, with cash outflows for debt repayment totaling RMB 204,425,000.00[25]. - The net increase in cash and cash equivalents for Q1 2024 was approximately ¥1.00 billion, compared to ¥873.91 million in Q1 2023[36]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 28,424,068,177.33, an increase of 1.42% from the end of the previous year[2]. - As of March 31, 2024, total current assets amounted to RMB 4,009,374,074.87, an increase of 14.03% from RMB 3,517,035,038.25 as of December 31, 2023[11]. - The total non-current assets decreased slightly to RMB 24,414,694,102.46 from RMB 24,509,071,921.52, reflecting a decrease of 0.39%[12]. - Total liabilities as of March 31, 2024, were RMB 8,583,195,305.09, a decrease of 0.81% from RMB 8,653,998,785.00 at the end of 2023[14]. - The company's total equity increased to RMB 19,840,872,872.24 from RMB 19,372,108,174.77, representing a growth of 2.42%[15]. - The total liabilities as of March 31, 2024, were CNY 1,950,317,911.84, an increase from CNY 1,870,353,901.04 at the end of 2023[30]. Research and Development - The company's R&D expenses increased by 77.31%, indicating a stronger focus on innovation[4]. - Research and development expenses rose significantly by 77.1% to RMB 21,117,963.35 in Q1 2024 from RMB 11,909,977.27 in Q1 2023[17]. - Research and development expenses increased to CNY 17,397,172.99 in Q1 2024, up from CNY 9,987,403.32 in Q1 2023, indicating a focus on innovation[32]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 61,368[6]. - The largest shareholder, Hebei Port Group Co., Ltd., holds 56.27% of the shares[7]. Other Comprehensive Income - Other comprehensive income after tax decreased to RMB 11,821,552.35 in Q1 2024 from RMB 49,152,160.75 in Q1 2023, a decline of 76.0%[19]. - Other comprehensive income after tax for Q1 2024 was approximately ¥11.81 million, significantly lower than ¥50.08 million in Q1 2023[33]. - The company's other comprehensive income rose to CNY 620,116,457.69 as of March 31, 2024, compared to CNY 608,311,377.19 at the end of 2023[31]. Inventory and Receivables - Accounts receivable rose by 98.00%, primarily due to increased throughput at a subsidiary[4]. - Accounts receivable increased significantly to RMB 134,277,110.31, a rise of 97.66% compared to RMB 67,817,955.73[11]. - Inventory levels were reported at RMB 150,126,083.70, showing a slight increase of 2.65% from RMB 145,739,815.70[11].

Financial Performance - Net profit attributable to shareholders of the listed company was ¥433,950,677.22, reflecting a year-on-year increase of 3.84%[14] - The company reported a net profit of 0 RMB for the first quarter of 2024.[28] - The net profit for Q1 2024 is CNY 444,319,257.60, an increase from CNY 434,600,442.67 in Q1 2023, representing a growth of approximately 1.65%[59] - The total comprehensive income for Q1 2024 is CNY 456,140,809.95, compared to CNY 483,752,603.42 in Q1 2023, indicating a decrease of about 5.7%[65] Revenue and Income - Operating income for the first quarter was ¥1,713,687,914.24, showing a slight decrease of 0.71% compared to the same period last year[14] - Total operating revenue for Q1 2024 was ¥1,713,687,914.24, a slight decrease of 0.02% compared to ¥1,726,009,525.03 in Q1 2023[44] - The total revenue for Q1 2024 is CNY 531,356,299.93, compared to CNY 526,846,133.58 in Q1 2023, indicating a slight increase of about 0.96%[59] Cash Flow - The net cash flow from operating activities was ¥725,460,808.36, which is an increase of 0.59% year-on-year[14] - The net cash flow from operating activities was 725,460,808.36 RMB, compared to 721,183,779.07 RMB in the previous period.[29] - Cash inflow from investment activities totaled 685,893,209.00 RMB, an increase from 606,167,772.00 RMB in the previous period.[29] - The net cash flow from investing activities was approximately $641.64 million, compared to $533.40 million in the previous year, reflecting an increase of about 20.27%[37] - The net cash flow from financing activities increased by 71.50%, mainly due to the repayment of loans by subsidiaries[7] - The net cash flow from financing activities was -54,223,797.14 RMB, compared to -190,287,456.85 RMB in the previous period.[30] - The net cash flow from operating activities in Q1 2024 was ¥1,748,656,086.69, compared to ¥1,749,005,583.28 in Q1 2023, indicating a marginal decrease[48] Assets and Liabilities - Total assets at the end of the reporting period reached ¥28,424,068,177.33, an increase of 1.42% compared to the previous year[4] - The company's total assets increased to ¥28,424,068,177.33 in Q1 2024 from ¥28,026,106,959.77 in Q1 2023, reflecting a growth of 1.42%[42] - The total liabilities increased to approximately $1.95 billion, up from $1.87 billion, marking an increase of about 4.83%[33] - Total liabilities decreased to ¥3,046,848,641.01 in Q1 2024 from ¥3,160,693,624.71 in Q1 2023, a reduction of 3.59%[42] Equity and Shareholder Information - The equity attributable to shareholders of the listed company increased to ¥18,880,826,723.30, up 2.48% from the previous year[4] - The company's total equity reached approximately $18.19 billion, up from $17.87 billion, showing an increase of about 1.79%[33] - The basic earnings per share for the quarter was ¥0.08, representing a year-on-year increase of 14.29%[14] - Earnings per share for Q1 2024 is CNY 0.08, compared to CNY 0.07 in Q1 2023, representing a growth of about 14.3%[65] Research and Development - Research and development expenses rose by 77.31% as the company increased its investment in R&D.[17] - Research and development expenses rose to ¥17,397,172.99 in Q1 2024, up 74.1% from ¥9,987,403.32 in Q1 2023[54] - Research and development expenses rose significantly to CNY 21,117,963.35 in Q1 2024, up from CNY 11,909,977.27 in Q1 2023, marking an increase of approximately 77.5%[59] Financial Expenses - Financial expenses decreased by 57.24% due to reduced borrowing scale and increased interest income from the parent company.[17] - The company's financial expenses decreased significantly to CNY 20,070,212.98 in Q1 2024 from CNY 46,938,106.35 in Q1 2023, a decrease of about 57.3%[59] Other Income and Expenses - The company reported a decrease in other income by 78.01%, primarily due to the expiration of VAT rebate policies[7] - The tax expenses decreased to CNY 87,037,042.33 in Q1 2024 from CNY 92,245,690.91 in Q1 2023, a reduction of approximately 5.7%[59]