证券代码：601000 证券简称：唐山港 公告编号：2025-036 唐山港集团股份有限公司 关于召开2025年第三次临时股东会的通知 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： 一、 召开会议的基本情况 (一)股东会类型和届次 2025年第三次临时股东会 (二)股东会召集人：董事会 (三)投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合的方 式 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 9 月 16 日 14 点 00 分 召开地点：河北唐山海港经济开发区唐山港大厦和畅厅。 (五)网络投票的系统、起止日期和投票时间。 股东会召开日期：2025年9月16日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 9 月 16 日 至2025 年 9 月 16 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25, ...

证券代码：601000 证券简称：唐山港 公告编号：临2025-034 唐山港集团股份有限公司 八届十五次董事会会议决议公告 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。 一、董事会会议召开情况 唐山港集团股份有限公司（以下简称公司）八届十五次董事会会议于 2025 年 8 月 28 日在河北省唐山市海港经济开发区唐山港大厦二层和畅厅以现场结合通讯 表决方式召开，本次会议通知已于 2025 年 8 月 21 日以电子邮件和书面方式向全 体董事发出。本次会议应出席董事 9 人，实际出席董事 9 人。会议的召集召开程 序符合法律、行政法规、部门规章和《唐山港集团股份有限公司章程》的有关规 定。本次会议由公司董事长陈立新先生召集并主持。 二、董事会会议审议情况 （一）审议通过了《关于公司 2025 年半年度报告全文及摘要的议案》 董事会同意报出公司 2025 年半年度报告全文及摘要。 表决情况：9 票同意，0 票反对，0 票弃权。 本议案已经公司董事会审计委员会事前审议通过并同意提交公司八届十五次 董事会审议。 本议案内容详见公司 ...

唐山港集团股份有限公司2025 年半年度报告 公司代码：601000 公司简称：唐山港 唐山港集团股份有限公司 2025 年半年度报告 1 / 149 唐山港集团股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人陈立新、主管会计工作负责人曹栋及会计机构负责人（会计主管人员）耿威声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 公司拟定2025年半年度不进行利润分配，也不进行资本公积转增股本。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告包含若干公司对未来发展战略、业务发展、经营计划、财务状况等前瞻性陈述。这些 陈述乃基于当前能够掌握的信息与数据对未来所做出的估计或预测，不构成公司对投资者的实质 承诺，投资者及相关人士均应当对此保持足够的风险认识，并且应当理解计划、预测与承诺之间 的差异，敬请投资者注意投资风险 ...

证券代码：601000 证券简称：唐山港 公告编号：临2025-035 唐山港集团股份有限公司 关于唐山港京唐港区51号、52号散货泊位工程 总投资费用调整的公告 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： 一、对外投资概述 公司分别于 2024 年 3 月 27 日、2024 年 4 月 25 日召开七届二十二次董事会、 2023 年年度股东大会审议通过《关于投资建设唐山港京唐港区 51 号、52 号散货 泊位工程的议案》，同意公司投资建设唐山港京唐港区 51 号、52 号散货泊位工 程（简称 5152 项目），新建 2 个 30 万吨级散货泊位及配套设施，年设计通过能 力为 2560 万吨，项目估算总投资不超过 54 亿元。具体内容详见公司于 2024 年 3 月 29 日在上海证券交易所网站披露的《唐山港集团股份有限公司七届二十二 次董事会会议决议公告》《唐山港集团股份有限公司关于投资建设唐山港京唐港 区 51 号、52 号散货泊位工程的公告》及 2024 年 4 月 26 日披露的《唐山港集团 股份 ...

唐山港集团股份有限公司（以下简称本公司）按照《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，通过查验河北港口集团财务有限公司（以下简称财务 公司）《金融许可证》《营业执照》等证件资料，查阅财务公司 相关财务报表，对财务公司的经营资质、业务和风险状况进行 了评估，具体情况报告如下： 一、财务公司基本情况 对河北港口集团财务有限公司的 风险持续评估报告 财务公司成立于 2014 年 7 月 10 日，是经原中国银行保险 监督管理委员会(现为国家金融监督管理总局，以下简称金融 监管总局)批准，由河北港口集团有限公司和秦皇岛港股份有 限公司共同出资设立的非银行金融机构。财务公司注册资本人 民币 15 亿元，其中河北港口集团有限公司占比 60%，秦皇岛 港股份有限公司占比 40%。 （一）风险管理环境 业务范围：吸收成员单位存款；办理成员单位贷款；办理 成员单位票据贴现；办理成员单位资金结算与收付；提供成员 单位委托贷款、债券承销、非融资性保函、财务顾问、信用鉴 证及咨询代理业务；从事同业拆借；办理成员单位票据承兑； 从事固定收益类有价证券投资；金融监管总局批准的其他业务。 财务公司建立了 ...

证券代码：601000 证券简称：唐山港 公告编号：临2025-037 唐山港集团股份有限公司 关于召开2025年半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： 唐山港集团股份有限公司（以下简称公司）已于 2025 年 08 月 29 日发布公 司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度 经营成果、财务状况，公司计划于 2025 年 09 月 05 日上午 9:00-10:00 举行 2025 年半年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年半年度的经营 成果及财务指标的具体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：2025 年 09 月 05 日上午 9:00-10:00 （ 二 ） 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ...

Investment Rating - The report gives a "Buy" rating for Tangshan Port (601000) for the first time [1]. Core Views - Tangshan Port is positioned as a high-dividend benchmark in the port industry, with long-term development benefits driven by the integration of Hebei's port region [1][7]. - The company has a strong operational resilience, focusing on the bulk cargo business, which now accounts for over 90% of its operations, leading to improved profitability [6][8]. - The report highlights the company's stable cash flow and high dividend yield, making it a preferred investment choice in the port sector [9][11]. Financial Summary - Total revenue projections for Tangshan Port are as follows: - 2024: 5,724 million - 2025: 6,219 million - 2026: 6,630 million - 2027: 6,932 million - The expected growth rates are -2.1% for 2024, followed by 8.6%, 6.6%, and 4.6% for the subsequent years [2]. - Net profit attributable to shareholders is projected to be: - 2024: 1,979 million - 2025: 2,039 million - 2026: 2,187 million - 2027: 2,303 million - The expected growth rates for net profit are 2.8%, 3.0%, 7.3%, and 5.3% respectively [2]. - Earnings per share (EPS) are forecasted to be 0.33, 0.34, 0.37, and 0.39 for the years 2024 to 2027 [2]. Investment Theme - The report emphasizes the ongoing orderly integration of the port industry, which is expected to solidify future investment returns, particularly in Hebei Province [7]. - Tangshan Port is expected to benefit from its extensive hinterland and strong ties to the steel industry in Tangshan, enhancing its competitive position [7][8]. Operational Strengths - The company has a robust operational model focused on bulk cargo, with a significant increase in gross margin since 2020 [6][8]. - The iron ore and coal sectors are highlighted as key drivers of growth, with iron ore throughput expected to benefit from stable demand from local steel production [6][59]. - The coal transportation segment is also projected to improve, supported by the company's strategic position as a core port for coal transport from northern to southern regions [74][81]. Dividend Policy - Tangshan Port is recognized as a cash dividend benchmark in the port industry, maintaining a high dividend payout ratio and stable cash flow [9][11]. - The company has consistently paid a dividend of 0.2 yuan per share since 2020, with a current dividend yield of 5.0% based on the expected share price [11].

Group 1 - Hebei Securities Regulatory Bureau is enhancing the regular visit mechanism for listed companies to address their concerns and promote the effective use of capital market tools for growth [1][2] - The bureau, along with various financial institutions, is providing targeted advice to companies like Huadong Cable and Tangshan Port to help them navigate international business expansion and financing challenges [3][4] - Huadong Cable has seen nearly 70% of its revenue come from overseas, highlighting the importance of funding to support its global strategy [2][3] Group 2 - Tangshan Port is focusing on value-added services and smart port development to achieve its goal of becoming a world-class comprehensive port [4][5] - The port has distributed a total of 95.6 billion yuan in cash dividends since its listing, indicating strong shareholder returns and a commitment to value management [4][5] - The bureau encourages Tangshan Port to enhance its investor communication and transparency to improve market recognition and support its growth strategy [5]

Group 1 - Hebei Securities Regulatory Bureau is enhancing the regular visit mechanism for listed companies to address their core concerns and promote the effective use of capital market tools for growth [1] - The bureau aims to assist in the healthy and stable development of the Hebei capital market by strengthening the effectiveness and targeting of its regulatory and service efforts [1] - Companies are encouraged to leverage capital market tools such as refinancing, mergers and acquisitions, and equity incentives to achieve high-quality development [1] Group 2 - Huatong Cable has expanded its overseas business significantly, with nearly 70% of its revenue coming from international operations [2] - The company faces challenges in securing funds to support its global expansion strategy [2] - Suggestions from the regulatory and financial institutions include exploring H-share issuance and utilizing refinancing tools to attract international capital [2] Group 3 - The importance of compliance and effective management is emphasized for listed companies, especially as they expand their overseas operations [3] - Companies are reminded to maintain a respectful attitude towards the market and investors, ensuring good corporate governance and avoiding conflicts of interest [3] Group 4 - Tangshan Port is focused on enhancing its value-added services and developing a "smart port" to improve operational efficiency [3] - The port has distributed a total of 95.6 billion yuan in cash dividends since its listing, indicating strong shareholder returns [4] - The company is encouraged to enhance its market value management and improve communication with investors to increase transparency [4]

Summary of Conference Call Records Industry Overview - **Industry Focus**: The conference call primarily discusses the highway, port, and power industries, emphasizing their investment frameworks and dividend asset characteristics [1][20]. Key Points and Arguments Highway Industry - **Business Model**: The highway business model is robust, driven by passenger and freight traffic. Passenger traffic benefits from the increase in car ownership and self-driving tourism, while freight traffic remains dominant despite a slight decline due to the "road-to-rail" policy [1][4]. - **Revenue Growth**: From 2011 to 2019, the average revenue growth rate for the highway industry was 8.5%, outpacing the GDP growth rate of 7.4% during the same period, indicating strong resilience [5]. - **Investment Strategy**: High dividend strategies are favored in weak markets, highlighting the defensive nature of highway assets. Prioritizing high-dividend, high-yield highway assets is a crucial investment strategy [1][7][9]. - **Regulatory Environment**: The optimization of toll road policies at the national level presents systemic opportunities for valuation improvement in the highway sector [2]. Port Industry - **Cargo Throughput Growth**: The port industry has seen steady growth in cargo throughput, benefiting from supply-side integration and rational production management. The average growth rate of cargo throughput over the past decade is between 3% and 4% [12]. - **Pricing Flexibility**: Port charges are flexible and can be adjusted based on market demand, unlike highway tolls, which are more rigid [14]. - **Investment Characteristics**: Ports are characterized by perpetual operation and dynamic pricing capabilities, making them attractive stable growth assets [15]. Power Industry - **Profitability Framework**: The hydroelectric power industry has a stable profitability framework with a clear cost structure, ensuring steady net profit generation. Companies like Yangtze Power commit to maintaining high dividend rates [21]. - **Nuclear Power Growth**: The nuclear power sector is in a clear growth cycle, with plans for significant new installations, supporting long-term profitability and dividend potential [24][25]. - **Gas Industry Dynamics**: The gas industry is transitioning towards maturity, with decreasing capital expenditures expected to enhance dividend levels as projects mature [29][31]. Additional Important Insights - **Investment Recommendations**: Recommended investment targets include high-dividend companies such as China Merchants Highway, Shandong Highway, and Ninghu Highway, which have shown strong performance in shareholder returns [9][11]. - **Future Potential**: Potential investment opportunities in the highway sector include Sichuan Chengyu and Ganyue Highway, which are expected to replicate successful growth patterns seen in other companies [11]. - **Governance and Stability**: The water and nuclear power sectors exhibit strong governance and stable dividend levels, making them attractive for long-term investment [20][21]. Conclusion The conference call highlights the resilience and growth potential of the highway, port, and power industries, emphasizing the importance of dividend strategies and regulatory environments in shaping investment opportunities. The focus on high-dividend assets reflects a broader trend towards stable, income-generating investments in the current market landscape.