以上内容基于公开资料整理，不构成投资建议。 广州港（601228）股价近期呈现震荡走势。截至2026年2月12日，最新价格为3.47元，当日跌幅0.86%， 近5日涨跌幅为0.00%。技术面显示，20日压力位约3.73元，支撑位约3.39元，MACD指标偏弱，KDJ处 于低位震荡。所属航运港口板块近5日上涨1.70%，表现优于大盘。 经济观察网 近期，广州港（601228）南沙港区迎来春节前货物出运高峰。2026年2月以来，南沙港区日 均完成外贸集装箱吞吐量约4万标准箱，日均处理外贸集装箱班轮约18艘次，进闸车辆约16000车次，港 口虽高位运行但整体平稳。同期，全国主要港口出现春节前爆仓现象，南沙港甩柜率高达55%，拖车费 大幅上涨，出货周期延长，给外贸企业履约带来压力。此外，APEC"中国年"高官会于2月1日至10日在 广州举行，聚焦开放创新合作，可能间接提升区域物流需求。广州市商务局于2月11日发布措施保障春 节"不停工"外贸企业运营，强化通关和物流服务。 股票近期走势 ...

南海之滨，巨轮穿梭；珠江两岸，码头林立。作为海洋强国建设的前沿阵地、粤港澳大湾区发展的核心 枢纽，广东港口建设以深耕海洋、向海图强的雄心壮志，在高质量发展的航道上劈波斩浪。 "十四五"期间，广东港口实现从快速发展到质量跃升的历史性转变，2025年港口货物吞吐量达23.25亿 吨、集装箱吞吐量8097.04万标箱，分别稳居全国第三和第一。全省6个亿吨级大港撑起以珠三角港口集 群为核心，粤东、粤西港口集群为发展极的"一核两极"发展格局，496条班轮航线织就全球航运网络。 从自动化码头的智能脉动到岸电设施的绿色光芒，从临港产业的集群崛起到集疏运体系的贯通内外，广 东正以建设世界一流港口群的雄姿，为打造 "海上新广东"、构建新发展格局注入澎湃动能。 截至2025年底，在全省预计2111个生产性泊位中，429个为万吨级及以上，6个亿吨大港（广州港、深圳 港、珠海港（000507）、湛江港、东莞港、佛山港）如同璀璨明珠，镶嵌在海岸线上。 近年来，广东以 "铁水联运、江海联运" 为抓手，织就以港口为核心枢纽的立体交通网络。铁水联运方 面，全省14个沿海港口中有9个已实现铁路进港，2025年全省沿海主要集装箱港口（广州港、深 ...

证券日报网讯 2月10日，广州港（601228）在互动平台回答投资者提问时表示，公司集装箱班轮航线覆 盖国内及世界主要港口，包括欧盟国家。 ...

Group 1 - The company, Guangzhou Port (601228.SH), has stated that its container shipping routes cover major domestic and international ports, including those in EU countries [1]

近日，广州港股份有限公司获得前海联合交易中心（以下简称"QME"）的大豆指定交收机构资质，库点位于粮通公司，核定库容3万吨。此举标志着广州港 股份正式成为全国第五家、广东省内唯一的大豆离岸现货市场保税交易库，在提升大宗商品供应链综合服务能级上迈出了关键一步。 大豆离岸现货市场建设由中央统一部署，是保障国家粮食供应链安全、增强进口粮食定价话语权的重大战略举措。为服务国家粮食安全大局，在海关监管部 门的积极推进与大力支持下，广州港股份第一时间响应政策导向，迅速组织粮通公司启动相关资质申报筹备工作。 2025年12月8日，粮通公司正式纳入广州海关进口离岸现货交易大豆保税交易库名单，标志着企业具备开展大豆离岸现货交收的合规资质与运营条件，相关 业务实现稳妥起步、有序推进。 相较于传统进口模式，大豆离岸现货交收的模式允许进口大豆在保税交易库内自由交易和转让分销，极大地增强了大豆产业客户应对市场变化的灵活性和自 主权。该交易模式依托QME的一站式服务，可安全、便利地在线完成进口大豆的交易、交收、结算、融资等服务，有力助推广州港发挥其仓容优势，加速 打造华南大豆分拨中心。 粮通公司作为粤港澳大湾区重要的粮食贸易枢纽，现阶段 ...

Investment Rating - The report indicates a stable outlook for the port industry, with a focus on infrastructure and domestic demand supporting the industry fundamentals [7][8]. Core Insights - The growth rate of cargo and container throughput in Chinese ports is slowing down, influenced by GDP and import-export growth deceleration. Coastal ports dominate in terms of throughput, with significant differentiation in growth rates among major ports [8][9]. - Since 2018, investment in inland waterway transportation has consistently exceeded that of coastal ports, leading to structural overcapacity in coastal ports. However, there remains a demand for terminal upgrades, optimization of port layouts, and channel construction, with a clear trend towards larger and more specialized port berths [8][9]. - The overall revenue of sampled port enterprises is steadily increasing, with strong operational cash flow capabilities. Future capital expenditures are expected to remain substantial due to increased financing driven by port-related project investments [8][9]. - The report anticipates that global economic growth will remain low, with uncertainties surrounding trade policies potentially impacting China's foreign trade. However, domestic demand is expected to expand, providing some support for port throughput [8][9]. Industry Overview Macroeconomic Environment - In 2025, China's economy is projected to stabilize, with domestic demand expected to support cargo throughput at ports. The economic policies are characterized by a multi-dimensional collaborative approach, focusing on stabilizing growth and enhancing domestic consumption [9][10]. - The port industry is highly sensitive to macroeconomic cycles, with the performance of cargo and container throughput closely linked to economic conditions and foreign trade developments [10][11]. Industry Policies and Regulatory Environment - The government has introduced various policies to guide the development of smart, green, safe, and efficient ports, aiming to enhance the competitive capabilities of ports through a market-oriented pricing system [11][12]. - Recent policies emphasize the integration of rail-water transport and the construction of a modern comprehensive transportation system, with significant investments expected in port infrastructure [11][12]. Industry Operating Conditions - The throughput growth of Chinese ports has shown signs of slowing down, with a notable differentiation in growth rates among major coastal ports. In 2024, the total cargo throughput reached 1,759.5 million tons, growing by 3.7% [16][20]. - Container throughput growth has also slowed, with a total of 33.2 million TEUs in 2024, reflecting a 7.0% increase [17][20]. Financial Performance - Sampled port enterprises have shown steady revenue growth, with total revenue reaching 643.36 billion yuan in the first nine months of 2025, maintaining a stable operational performance [34][36]. - The cash flow from operating activities has been strong, with a cash income ratio exceeding 100%, indicating that cash flow can meet capital expenditure needs [36][39]. Debt Levels - The total debt of sampled port enterprises has increased, with a total debt of 1,162.86 billion yuan by September 2025, primarily for new terminal construction and upgrades [41][43]. - The short-term debt ratio is moderate, with a significant portion of financing coming from bank loans and bond issuances [41][43]. Debt Repayment Capacity - Most sampled port enterprises face manageable short-term repayment pressures, with strong long-term repayment capabilities. However, some enterprises have heavier debt burdens and historical personnel liabilities that require attention [44][45]. Bond Market Performance - The report notes a decrease in bond issuance rates for port enterprises, with a total of 180 bonds issued in 2025, reflecting a 7.57% increase in issuance scale [48][49].

Core Viewpoint - As the Spring Festival approaches, the Nansha Port area in Guangzhou is experiencing a peak in shipments, with various departments coordinating to ensure efficient operations [1] Group 1: Operational Efficiency - The Nansha Port has dynamically adjusted resource allocation based on the operational status of each terminal to ensure the normal flow of goods during the logistics peak [3] - A comprehensive interconnection of gate systems was completed before the festival, prioritizing the timely entry and efficient dispatch of goods close to shipping schedules through refined management mechanisms [3] Group 2: Performance Metrics - Since February, the Nansha Port has achieved an average daily throughput of approximately 40,000 TEUs (Twenty-foot Equivalent Units) for foreign trade containers, handling about 18 foreign trade container vessels and approximately 16,000 truck entries daily [4] Group 3: Logistics Network - To effectively respond to the pre-festival peak, the Guangzhou Port has implemented coordinated scheduling across multiple container feeder lines and anticipated export capacity needs of inland enterprises, establishing a multimodal transport network of "waterway + railway + highway" to provide logistics support for the manufacturing sector [6]

Core Viewpoint - The operational data from various ports in January indicates a steady growth in key metrics such as container throughput and cargo throughput, reflecting the resilience of China's foreign trade and the high-quality development of the port industry [1][2]. Group 1: Port Performance Data - Guangzhou Port is expected to achieve a container throughput of 2.438 million TEUs in January, a year-on-year increase of 14.5%, and a cargo throughput of 50.782 million tons, up 12.7% [1]. - Shenzhen Port reported a container throughput of 3.298 million TEUs in January, marking an 8.9% year-on-year increase, setting a new monthly record [1]. - Shanghai International Port Group anticipates a container throughput of 5.063 million TEUs, a 1.3% increase year-on-year, and a cargo throughput of 53.847 million tons, up 3.2% [1]. - Ningbo-Zhoushan Port expects to complete a container throughput of 5.03 million TEUs, a 9.5% year-on-year increase, and a cargo throughput of 112 million tons, up 4.8% [2]. Group 2: Industry Outlook - The strong performance of ports in January is seen as a reflection of the ongoing resilience in China's foreign trade and the effective high-quality development of the port sector [2]. - The port industry is entering a new phase of "system competitiveness," aiming to secure a core position in the global supply chain [2]. - Future advancements in port operations are expected to focus on intelligent and green transformations, with breakthroughs in automated terminals and clean energy applications [2]. Group 3: Operational Challenges - Many ports, including Guangzhou and Ningbo, are experiencing high operational volumes, leading to tight space in container yards and difficulties in scheduling shipments [3]. - Ports are implementing tailored strategies to ensure smooth operations and logistics during the peak shipping season before the Spring Festival [3]. - Guangzhou Port has established a 24-hour emergency response team and is conducting daily production scheduling meetings to optimize resource allocation and maintain efficient operations [3].

Group 1 - Chinese government emphasizes the implementation of policies to promote high-quality development and new growth points [2][39] - Local governments are urged to enhance service awareness and improve administrative efficiency to address business concerns [2][39] - The "14th Five-Year Plan" should focus on practical and systematic planning, avoiding overly ambitious projects [2][39] Group 2 - Recent incidents of Chinese enterprise personnel being detained in the US have raised concerns about the impact on business exchanges [3][40] - The Chinese government has expressed strong opposition to the US's actions and called for the cessation of such practices [3][40] Group 3 - The South Korean stock market experienced a significant drop, triggering temporary trading halts [5][42] - The KOSPI index fell by 5.26%, closing at 4949.67 points, after previously reaching a historic high [6][42][7] - The Indonesian stock market also faced turbulence, with the Jakarta Composite Index dropping by 4.88% [8][43] Group 4 - The domestic futures market saw a rare plunge, with 13 commodity futures hitting the limit down due to panic selling [9][44] - The decline was attributed to a combination of factors, including excessive leverage and market structure vulnerabilities [9][44] Group 5 - The National Investment Silver LOF fund announced a significant adjustment in its valuation method for silver futures contracts [10][45] - This adjustment aims to better reflect international market price fluctuations [10][45] Group 6 - The gaming industry reported record revenue per user, with several A-share companies expecting positive performance [17][52] - The humanoid robot industry is accelerating, with institutions actively researching companies with promising earnings [17][52] Group 7 - Shanghai Yizhong reported a net profit increase of 819.42% for 2025, driven by the inclusion of its core product in the national medical insurance directory [19][53] - The company plans to continue investing in R&D for innovative drugs [19][53] Group 8 - XGIMI Technology and Espressif Systems announced share buyback plans, with total amounts not less than 50 million yuan [20][54] - ST Kaiyuan may face delisting risk due to negative net assets projected for 2025 [21][55]

Core Viewpoint - In January 2026, Guangzhou Port Co., Ltd. reported significant growth in container and cargo throughput, indicating a positive trend in operational performance. Group 1: Container Throughput - The company expects to achieve a container throughput of 2.438 million TEUs in January 2026, representing a year-on-year increase of 14.5% [1]. Group 2: Cargo Throughput - The anticipated cargo throughput for January 2026 is 50.782 million tons, reflecting a year-on-year growth of 12.7% [1]. Group 3: Data Disclaimer - The reported business data for January 2026 is preliminary and may differ from the final actual figures, highlighting the need for investors to be aware of potential investment risks [1].