Core Insights - The Qingdao Port's fully automated container terminal has set a new world record with an average operational efficiency of 60.9 natural boxes per hour [1] - Zhang Liangang, leader of the "Liangang Innovation Team," has successfully broken this world record for the twelfth time [2] - In 2013, China had no automated terminals among the world's top ten container ports, prompting Qingdao Port to initiate an automated terminal construction project [3] Group 1 - The project was led by Zhang Liangang, who was recovering from lung cancer surgery at the time, demonstrating a strong commitment to innovation and hard work [3][4] - The automated terminal officially opened on May 11, 2017, achieving a record operational efficiency of 26.1 natural boxes per hour during its first commercial operation [4] - The team set ambitious goals for subsequent phases, including the introduction of hydrogen power and 5G technology [4] Group 2 - The AGV path planning algorithm is crucial for the automated terminal's production control system, with team members conducting extensive testing in harsh conditions to develop a new, efficient algorithm [5] - The team has transitioned from "following" to "leading" in the industry, with ongoing plans for technological innovations, including artificial intelligence and green port development [6] - Zhang Liangang envisions contributing to the construction of a world-class marine port cluster, aiming to position Chinese ports at the forefront globally [6]

本文源自：金融界 4月21日，青岛港今日收盘8.72元，下跌1.58%，滚动市盈率PE（当前股价与前四季度每股收益总和的比 值）达到10.81倍，总市值566.02亿元。 作者：行情君 从行业市盈率排名来看，公司所处的航运港口行业市盈率平均13.91倍，行业中值14.47倍，青岛港排名 第11位。 最新一期业绩显示，2024年年报，公司实现营业收入189.41亿元，同比4.23%；净利润52.35亿元，同比 6.33%，销售毛利率35.45%。 序号股票简称PE(TTM)PE(静)市净率总市值(元)11青岛港10.8110.811.33566.02亿行业平均 13.9113.131.14273.39亿行业中值14.4714.661.16131.57亿1凤凰航运-308.11-502.438.3743.72亿2宁波海 运-182.8631.630.9035.35亿3ST锦港-1.2331.220.5625.63亿4中远海控4.584.580.962249.19亿5招商南油 6.856.851.22131.57亿6上港集团8.558.550.961278.15亿7招商轮船9.369.361.19478.04亿8重 ...

Group 1 - The core viewpoint indicates that the China-South Korea Free Trade Zone concept has experienced a decline of 2.18%, ranking among the top declines in concept sectors [1][2] - Within the China-South Korea Free Trade Zone concept, stocks such as Qingdao King, Xinhua Jin, and Lianyungang have seen significant declines, while stocks like Chunxue Food, Qingdao Food, and Zhongchuang Logistics have shown increases of 2.79%, 1.87%, and 0.60% respectively [1][2] - The concept sector has faced a net outflow of 470 million yuan from major funds, with Lianyungang leading the outflow at 281 million yuan [2][3] Group 2 - The top gainers in today's concept sectors include Epoxy Propylene with a rise of 6.79%, while the China-South Korea Free Trade Zone concept is among the top decliners [2] - Major stocks experiencing significant net outflows include Lianyungang (-5.67%), Qingdao King (-8.93%), and Xinhua Jin (-8.12%) [2][3] - Stocks with notable net inflows include Rizhao Port, Hao Dang Jia, and Qingdao Double Star, with inflows of 15.10 million yuan, 5.01 million yuan, and 3.81 million yuan respectively [2][3]

为化解科技研发风险，李沧区相关部门依据《青岛市科技保险保险费用补贴管理办法》，对山东朝辉公 司投保的"青科保—重大科技攻关综合保险"给予50%保费补贴。该保险产品由人保财险定制开发，有别 于传统保险，是面向科技研发型企业技术研发、成果转化、市场应用等全链条的综合风险保障体系。该 险种不但涵盖科技研发转化综合保险、关键研发设备保险、产品研发责任保险、专利执行保险、专利实 施失败费用损失保险等多个子项目，聚焦科技企业的有形资产和无形资产进行双重保护，还能够结合科 技攻关项目特点和科技企业需求进行个性化定制，为科技企业提供更加全面、便捷的风险保障服务，为 企业提供"研发—转化—应用"全周期保障。李沧区科技局相关负责人表示，此举旨在通过"财政补贴+保 险杠杆"模式，降低企业创新成本，推动港口装备制造业转型升级。 山东朝辉公司作为国内散货自动化领域的领跑者，已在青岛港、烟台港等20余个港口实施智能化改造， 其港机设备全自动无人值守系统使业主综合作业效率提升20%以上。 该项目是青岛市"科技强市"战略的生动实践。目前，李沧区已组建1支科技金融特派员队伍，建成7家科 技金融服务站。下一步，将继续打好科技金融服务"组合拳"， ...

Group 1 - Qingdao Port's closing price on April 15 was 8.81 yuan, down 1.67%, with a rolling PE ratio of 10.92 times and a total market value of 57.187 billion yuan [1] - The average PE ratio for the shipping and port industry is 14.03 times, with a median of 14.59 times, placing Qingdao Port at the 11th position in the industry ranking [1][3] - As of the 2024 annual report, 259 institutions hold shares in Qingdao Port, including 250 funds, with a total shareholding of 497,658.68 million shares valued at 45.337 billion yuan [1] Group 2 - Qingdao Port International Co., Ltd. specializes 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 has received numerous honors, including the National Quality Management Award and recognition as a "Green Port," and is considered one of the five exemplary benchmarks for world-class ports in China [2] - For the latest fiscal year, Qingdao Port reported an operating income of 18.941 billion yuan, a year-on-year increase of 4.23%, and a net profit of 5.235 billion yuan, up 6.33%, with a gross profit margin of 35.45% [2]

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依賴該等內容而引致的任何 損失承擔任何責任。 青島港國際股份有限公司（「本公司」）董事會（「董事會」）謹此宣佈，本公司將於2025 年4月29日（星期二）召開董事會會議，藉以審議並批准（其中包括）本公司及其附屬公司 截至2025年3月31日止三個月之季度業績及其發佈。 承董事會命 青島港國際股份有限公司 董事長 蘇建光 中國·青島，2025年4月15日 Qingdao Port International Co., Ltd. 青島港國際股份有限公司 （於中華人民共和國成立的股份有限公司） （股份代號：06198） 董事會會議通告 於本通告日期，本公司執行董事為蘇建光先生及張保華先生；本公司非執行董事為李武成先生、朱濤 先生、崔亮先生及王芙玲女士；及本公司獨立非執行董事為李燕女士、蔣敏先生及黎國浩先生。 ...

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3月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 青島港國際股份有限公司 呈交日期: 2025年4月3日 I. 法定/註冊股本變動 | 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) | 06198 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,099,025,000 | RMB | | | 1 RMB | | 1,099,025,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 1,099,025,000 | RMB | | | 1 RMB | | 1,099,025,000 | | 2. ...

报告要点 丨证券研究报告丨 公司研究丨点评报告丨青岛港（601298.SH） [Table_Title] 集装箱受益于高景气，整合将缓解液散压力 %% %% research.95579.com 1 青岛港（601298.SH） cjzqdt11111 [Table_Title2] 集装箱受益于高景气，整合将缓解液散压力 [Table_Summary] 2024 年青岛港实现营业收入 189.4 亿元，同比+4.2%；归母净利润 52.3 亿，同比+6.3%。 分析师及联系人 [Table_Author] 韩轶超 SAC：S0490512020001 SFC：BQK468 请阅读最后评级说明和重要声明 %% %% [Table_Summary2] 事件描述 2024 年青岛港实现营业收入 189.4 亿元，同比+4.2%；归母净利润 52.3 亿，同比+6.3%，略 超市场预期。公司 2024 年现金分红总额占公司归母净利 39%，分红政策延续。 事件评论 风险提示 1、宏观经济波动；2、港口整合不及预期。 请阅读最后评级说明和重要声明 丨证券研究报告丨 2025-04-03 公司研究丨点评报告 [Table ...

Investment Rating - The report maintains a "Strong Buy" rating for Qingdao Port (601298) with an expected price target of 12.7 CNY, representing a 29% upside from the current price of 9.82 CNY [1][3]. Core Insights - In 2024, Qingdao Port achieved a revenue of 18.941 billion CNY, reflecting a year-on-year growth of 4.23%. The net profit attributable to shareholders was 5.235 billion CNY, up 6.33% year-on-year [6]. - The company's cargo throughput reached 694 million tons, a 4.5% increase, while container throughput grew by 7.2% to 32.17 million TEUs [6]. - The report highlights that the growth in revenue and profit is primarily driven by increased export heavy container handling and enhanced logistics and port value-added services [6]. Financial Performance Summary - **Revenue Forecast**: - 2024A: 18,941 million CNY - 2025E: 19,675 million CNY (4.2% growth) - 2026E: 20,510 million CNY (4.2% growth) - 2027E: 21,448 million CNY (4.6% growth) [2] - **Net Profit Forecast**: - 2024A: 5,235 million CNY - 2025E: 5,494 million CNY (6.3% growth) - 2026E: 5,836 million CNY (6.2% growth) - 2027E: 6,200 million CNY (6.2% growth) [2] - **Earnings Per Share (EPS)**: - 2024A: 0.81 CNY - 2025E: 0.85 CNY - 2026E: 0.90 CNY - 2027E: 0.96 CNY [2] - **Valuation Ratios**: - Price-to-Earnings (P/E) ratio is projected to decrease from 12 in 2024 to 10 in 2027 [2]. Operational Highlights - The report indicates that the gross margin for 2024 was 35.45%, a slight decrease of 0.16 percentage points year-on-year, while the net profit margin improved by 0.5 percentage points to 27.6% [6]. - Investment income for 2024 was reported at 1.693 billion CNY, a 7.83% increase, with contributions from joint ventures benefiting from increased throughput [6]. Market Position - The report emphasizes that Qingdao Port's valuation should align with leading highway companies, suggesting a price-to-book (P/B) ratio of 1.8 times the expected net asset value per share for 2025 [6].

货物吞吐量与集装箱均保持稳健增长。2024 年，公司分公司、子公司、合营及联营公司合计完成货物 吞吐量6.94 亿吨，同比增长4.5%；完成集装箱吞吐量3217 万标准箱，同比增长7.2%。分季度看： 2024Q1、Q2、Q3、Q4，分别完成货物吞吐量1.72、1.82、1.79、1.61 亿吨，同比+6.93%、+6.42%、 +3.90%、+0.72%；分别完成集装箱吞吐量767、815、831、804 万标准箱，同比+11.48%、+6.68%、 +6.27%、+4.69%。 公司公告2024 年报：1）2024 年，公司实现营收189.41 亿元，同比增长4.23%；归母净利润52.35 亿 元，同比增长6.33%；扣非净利润50.77 亿元，同比增长5.93%。2024 年，公司经营业绩实现稳健增长， 主要得益于集装箱处理及配套服务板块的出口重箱业务量增加，以及物流及港口增值服务板块受益于集 装箱业务量增加，带动场站及代理业务增长。2）分季度看：2024Q1、Q2、Q3、Q4，公司归母净利润 分别实现13.17、13.25、12.9、13.03 亿元，同比+4.6%、+1.56%、+5.31%、+1 ...