Core Viewpoint - Qingdao Port's stock price has decreased by 0.57% to 8.68 CNY, with a total market capitalization of 56.343 billion CNY, ranking 4th in the shipping and port sector [1][2] Company Announcements - Qingdao Port International Co., Ltd. announced a cash dividend of 0.2007 CNY per share (before tax) for the year 2024, with a total cash dividend distribution of 1.3027638 billion CNY based on the total share capital of 6,491,100,000 shares [1] - The total cash dividend for the year 2024, including the mid-year dividend of 0.1134 CNY per share, amounts to 0.3141 CNY per share (before tax), totaling 2.0388545 billion CNY [1] - The dividend distribution will be executed by China Securities Shanghai Branch for unrestricted circulating shares, with different tax policies applied to various types of shareholders [1] H-Share Announcement - Qingdao Port International Co., Ltd. will hold a board meeting on August 28, 2025, to review the interim performance for the six months ending June 30, 2025, and to discuss the proposal for the distribution of interim dividends [2]

Core Viewpoint - Qingdao Port's stock has experienced a decline of 0.80% with a trading volume of 220 million yuan and a market capitalization of 56.343 billion yuan, indicating a potential investment opportunity amidst recent market fluctuations [1] Company Overview - Qingdao Port International Co., Ltd. is primarily engaged in the loading and unloading of various goods including containers, metal ores, coal, and crude oil, as well as logistics and port value-added services [6] - The company was established on November 15, 2013, and listed on January 21, 2019 [6] - The revenue composition includes 51.90% from loading and related services, 39.97% from logistics and port value-added services, and smaller percentages from other port-related services [6] Financial Performance - For the period from January to March 2025, Qingdao Port achieved a revenue of 4.807 billion yuan, representing a year-on-year growth of 8.51%, and a net profit attributable to shareholders of 1.402 billion yuan, up 6.51% year-on-year [6] - The company has distributed a total of 12.818 billion yuan in dividends since its A-share listing, with 5.687 billion yuan distributed over the past three years [7] Market Position and Strategic Initiatives - Qingdao Port is strategically located in the center of the Bohai Sea and Yangtze River Delta port clusters, benefiting from the proximity to South Korea and the signing of the China-South Korea Free Trade Agreement [2] - The port is recognized as a key node in the "Belt and Road" initiative and is the only comprehensive operator in the Qingdao Port area, which is the seventh largest port in the world [2] - A recent partnership with Huawei aims to accelerate the development of smart port operations in major domestic ports [3] Shareholder and Trading Activity - As of March 31, 2025, the number of shareholders increased to 31,200, with no change in the average circulating shares per person [6] - The main net inflow of funds today was -16.8384 million yuan, indicating a reduction in principal investment over the past two days [4] - The average trading cost of the stock is 8.12 yuan, with the current price fluctuating between resistance at 8.69 yuan and support at 8.66 yuan, suggesting potential for short-term trading strategies [5]

Core Insights - Qingdao has emerged as a key node in China's automotive globalization strategy, particularly in the context of the booming electric vehicle (EV) market, with a significant increase in exports of new energy vehicles (NEVs) [1][6] - The acceleration of automotive exports from China is evident, with NEV exports showing a remarkable growth of 1617% year-on-year in the first seven months of 2023 [6][7] - The integration of logistics and manufacturing in Qingdao is enhancing the efficiency of vehicle exports, with a focus on multi-modal transport solutions [4][5] Automotive Export Acceleration - The China Association of Automobile Manufacturers reported that NEV exports reached 1.06 million units in the first half of 2025, marking an 84.6% increase year-on-year, while traditional fuel vehicle exports declined [2] - Major companies like Chery and BYD have significantly contributed to this growth, with Chery exporting 548,000 units and BYD exporting 472,000 units [2] Logistics and Infrastructure Development - Qingdao is developing an international automotive roll-on/roll-off (RoRo) transit center, utilizing a combination of rail, road, and sea transport to reduce logistics costs [4][5] - The Huangdao Station has become one of the busiest freight stations in China, facilitating the rapid transport of vehicles to Qingdao Port, with an average of a train arriving or departing every 10 minutes [5] Regional Economic Impact - The rise of Qingdao as a global automotive hub is expected to significantly boost the regional economy, with projections indicating that Shandong's industrial exports could reach a trillion yuan [1] - The port's capabilities are expanding, with new shipping routes to emerging markets in Africa, North America, and Southeast Asia being established [8][9] Supply Chain Integration - The trend of KD (knock-down) exports is gaining traction, allowing companies to export vehicle parts for local assembly, which reduces transportation costs and benefits from tariff exemptions [5][6] - Qingdao's logistics network is facilitating the export of automotive parts to countries like Egypt and Tunisia, further embedding Chinese automotive supply chains in global markets [6][9] Future Growth Projections - The global demand for NEVs is expected to continue growing, with predictions suggesting that China's automotive exports could reach 7 million units by the end of 2025, potentially approaching 10 million by 2030 [12] - Qingdao's special economic zones are playing a crucial role in this growth, with significant increases in export licenses and trade values reported [12][13]

Core Viewpoint - The recent successful docking of a vessel carrying imported aluminum ingots from Southeast Asia at Qingdao Port marks a significant milestone for the port's operations and contributes to regional economic development [1] Group 1 - Qingdao Port's West Link Company has reached a peak in imported aluminum ingot operations [1] - The successful arrival of the vessel signifies the first transaction of Southeast Asian aluminum ingots at Qingdao Port for the year 2025 [1] - This development is expected to enhance the economic contributions of the port to the surrounding region [1]

截至2025年8月20日15时，青岛港最新股价为8.73元，较前一交易日上涨0.03元。当日开盘价为8.69元， 最高触及8.74元，最低下探8.66元，成交量为126528手，成交金额达1.10亿元。 青岛港主要从事港口装卸、仓储及物流服务业务，是山东地区重要的综合性港口运营商。公司业务涵盖 集装箱、原油、铁矿石、煤炭等多个货种装卸服务，并提供港口配套增值服务。 据公开信息显示，山东港口青岛港外贸航线数量持续增加。截至7月底，新增13条集装箱航线、4条杂货 航线和5条海铁联运线路。目前青岛港外贸航线累计达233条，通达180多个国家和地区的700多个港口。 资金流向方面，8月20日主力资金净流入1015.05万元，近五日主力资金净流出4210.47万元。 风险提示：以上内容仅供参考，不构成投资建议。市场有风险，投资需谨慎。 本文源自：金融界 作者：A股君 ...

Core Points - The number of foreign trade routes at Shandong Port Qingdao has been continuously increasing this year, with a total of 233 routes as of the end of July, reaching over 700 ports in more than 180 countries and regions [11][20][26] Summary by Category - **New Routes Added**: As of the end of July, 13 new container routes, 4 conditional bulk cargo routes, and 5 sea-rail intermodal routes have been added [11][20][26] - **Current Status**: The total number of foreign trade routes at Qingdao Port has reached 233, indicating significant growth in maritime connectivity [11][20][26]

Core Insights - Shandong Port Qingdao Port Group reported a significant increase in vehicle exports, with a 23% year-on-year growth from January to July this year, driven by the booming Chinese automotive industry [1][3] - The export volume of new energy vehicles surged by 1617%, while engineering vehicle exports rose by 35% during the same period [1][3] Industry Performance - In the first seven months of this year, China exported 3.68 million vehicles, marking a 12.8% year-on-year increase, with commercial vehicle production and sales growing by 6% and 3.9% respectively [3] - The export volume of new energy vehicles from China increased by 84.6% [3] Company Strategy - Shandong Port Qingdao Port has implemented a "railway trunk + road short-haul" dual-engine collection model, which has reduced logistics costs for customers by over 10% [3] - The port has established a joint mechanism with relevant departments to expedite customs clearance and minimize non-productive waiting time for vessels, maximizing berth utilization [3] - The company aims to strengthen its vehicle export advantages and enhance its hub functions and service capabilities [3] Future Plans - By 2025, Shandong Port Qingdao Port plans to expand its route network, launching new routes to North Africa, India-Pakistan, and Central North America, facilitating the export of various specialty cargo types [3] - The port is actively constructing an international roll-on/roll-off vehicle transshipment center to support the growth of China's automotive foreign trade [3]

Core Viewpoint - Qingdao Port is experiencing a slight decline in stock price, with a market capitalization of 56.473 billion and a trading volume of 143 million on August 19 [1] Group 1: Company Overview - Qingdao Port primarily engages in the loading and unloading of various goods including containers, metal ores, coal, and crude oil, along with logistics and port value-added services [2] - The company is strategically located in the Shandong Peninsula, close to South Korea, benefiting from the China-South Korea Free Trade Agreement [2] - Qingdao Port has shown stable growth in revenue and profit over recent years, being a key node in the "Belt and Road" initiative and the seventh largest port globally [2] Group 2: Financial Performance - The company reported a revenue of 4.807 billion with a year-on-year growth of 8.51% and a net profit of 1.402 billion, reflecting a 6.51% increase [6] - Over the past three years, the dividend yields were 4.80%, 4.74%, and 3.45% respectively, with a total of 12.818 billion distributed since its A-share listing [2][7] Group 3: Market Activity - The stock has seen a net outflow of 13.2137 million from major investors, indicating a trend of reduced holdings over the past three days [3][4] - The average trading cost of the stock is 8.11, with the current price near a support level of 8.67, suggesting potential volatility if this support is breached [5] Group 4: Institutional Holdings - As of March 31, 2025, the top ten shareholders include E Fund Stable Income Bond A and Hong Kong Central Clearing Limited, with the latter reducing its holdings significantly [8]

1. Report Industry Investment Rating - No information provided in the content 2. Core Viewpoints of the Report - Shanghai and Ningbo ports' congestion has improved compared to the previous period, but the ship turnover time remains high. With the weakening of the shipping scale trend, the pressure on Chinese ports is expected to ease, but potential weather disturbances need attention. Southeast Asian port congestion pressure has significantly declined. [2] - In Europe, issues such as summer vacations, labor shortages, railway construction in Germany, and low water levels in the Rhine are still intensifying, leading to a continuous increase in port pressure. [2] - The overall congestion level of North American ports is controllable, and attention should be paid to subsequent port operation dynamics. [2] 3. Summary According to Relevant Catalogs 3.1 Data点评 - **Asian Ports**: Yangshan, Waigaoqiao, and Ningbo ports in China have different average waiting and berthing times for ocean - going container ships, with varying numbers of ships at anchor and in berth. Southeast Asian ports like Singapore and Port Klang also show different congestion situations. Chinese port congestion has improved, and Southeast Asian port pressure has dropped significantly. [2] - **European Ports**: Ports such as Rotterdam, Antwerp, and Hamburg in Europe have high average waiting and berthing times for ocean - going container ships. Problems like summer vacations, labor shortages, railway construction, and low river water levels are causing continuous pressure on European ports. [2] - **North American Ports**: Overall congestion in North American ports is controllable, with different average waiting and berthing times for ocean - going container ships in various ports. [2] 3.2 Data Overview - The report provides data on the in - port duration of key container ports, including month - on - month and year - on - year changes. For example, Yangshan Port's latest in - port duration is 47.0 hours, with a month - on - month increase of 6.0 hours and a year - on - year increase of 16.3 hours. [6] 3.3 Asian Port Dynamic Tracking - It presents data on the scale of container ships in ports in China and Southeast Asia, the number of container ships at anchor and in berth in different ports, and the average in - port, waiting, and berthing times of ocean - going container ships in Southeast Asian and Chinese ports. [8][16] 3.4 European Port Dynamic Tracking - It shows the scale of container ships in European ports, the number of container ships at anchor and in berth in major ports in north - western Europe and the Mediterranean, and the average in - port, waiting, and berthing times of ocean - going container ships in north - western European and Mediterranean ports. [19][27] 3.5 North American Port Dynamic Tracking - It provides data on the scale of container ships in North American ports, the number of container ships at anchor and in berth in some ports, and the average in - port, waiting, and berthing times of ocean - going container ships in US ports. [32][34] 3.6 Large - Ship Arrival Situation and Key Hub Monitoring - It shows the arrival situation of large - scale container ships at Yangshan, Ningbo, and Singapore ports, the arrival situation of 1.2w + container ships of different alliances in Asian, north - western European, and Mediterranean ports, and the passage situation of container ships at the Cape of Good Hope, Suez Canal, and Panama Canal. [42][45][48]

来源：新浪证券-红岸工作室 8月18日，青岛港涨0.11%，成交额1.81亿元。两融数据显示，当日青岛港获融资买入额1297.82万元， 融资偿还504.60万元，融资净买入793.22万元。截至8月18日，青岛港融资融券余额合计9691.02万元。 融资方面，青岛港当日融资买入1297.82万元。当前融资余额9675.02万元，占流通市值的0.21%，融资 余额超过近一年50%分位水平，处于较高位。 融券方面，青岛港8月18日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元；融 券余量1.83万股，融券余额15.99万元，低于近一年40%分位水平，处于较低位。 资料显示，青岛港国际股份有限公司位于山东省青岛市市北区港极路7号，成立日期2013年11月15日， 上市日期2019年1月21日，公司主营业务涉及集装箱、金属矿石、煤炭、原油等各类货物的装卸及配套 服务、物流及港口增值服务、港口配套服务、金融服务等。主营业务收入构成为：装卸及相关业务 51.90%，物流及港口增值服务39.97%，港口配套服务-销售油、电及其他5.01%，港口配套服务-租金收 入2.09%，港口配套服务-工 ...