Core Insights - Shandong Port Qingdao's cumulative export of passenger vehicles increased by 23% year-on-year from January to July, with electric vehicles surging by 1617% and engineering vehicles up by 35% [1] - China's automotive exports reached 3.68 million units in the same period, marking a year-on-year growth of 12.8%, with commercial vehicle production and sales increasing by 6% and 3.9% respectively, and electric vehicle exports rising by 84.6% [1] - Qingdao Port is expanding its shipping routes, having launched new lines to North Africa, India-Pakistan, Central-North America, Southeast Asia, and Brazil, enhancing its logistics capabilities [1] - The port has developed a dual-engine collection model combining "railway trunk lines + road short-haul," which has reduced logistics costs by over 10% through a seamless multi-modal transport system [1]

Qingdao Port International Co., Ltd. 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。 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8月18日 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。 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 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8月28日（星期四）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6月30日止六個月之中期業績及其發佈，並審議派發中期股息（如有）之建 議。 ...

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.

Group 1 - Qingdao Port recorded a net financing inflow of 18.80 million yuan last week, ranking 442nd in the two markets [1] - The total financing amount for Qingdao Port was 53.68 million yuan, with repayments amounting to 34.88 million yuan [1] - The main sectors associated with Qingdao Port include shipping and ports, Shandong sector, S&P, FTSE Russell, Shanghai Stock Connect, and others [1] Group 2 - Over the past 5 days, the main capital inflow for Qingdao Port was 21.19 million yuan, with a price increase of 3.12% [1] - In the last 10 days, the main capital outflow was 1.24 million yuan, with a price decrease of 0.11% [1] - Qingdao Port International Co., Ltd. was established in 2013, primarily engaged in water transportation, with a registered capital of 649.11 million yuan [1] Group 3 - The company has made investments in 63 enterprises and participated in 4,032 bidding projects [1] - Qingdao Port International holds 3 trademark registrations and 1,287 patent registrations, along with 100 administrative licenses [1]

海外監管公告 本公告乃青島港國際股份有限公司（「本公司」）根據香港聯合交易所有限公司證券上 市規則第13.10B條作出。 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。 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） 以下為本公司於上海證券交易所網站（www.sse.com.cn）刊發之《青島港國際股份有限 公司2024年年度權益分派實施公告》，僅供參閱。 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8月18日 於本公告日期，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。 证券代码：601298 证券简称：青岛港 公告编号：临 2025-026 青岛港国际股份有限公司 2024 年年度权益分派实 ...

Core Points - The company announced a cash dividend of RMB 0.2007 per share (before tax) for the fiscal year 2024, which was approved at the annual general meeting on June 27, 2025 [1] - The total cash dividend distribution amounts to RMB 1,302.76 million, based on a total share capital of 6,491,100,000 shares [1] - The total cash dividend for the year 2024, including the interim dividend of RMB 0.1134 per share, will be RMB 0.3141 per share (before tax), totaling RMB 2,038.85 million for the year [1] Distribution Plan - The cash dividend will be distributed to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on the record date [1] - The distribution will be executed through the clearing system of the China Securities Depository and Clearing Corporation Limited for shareholders who have completed designated transactions [2] - Certain shareholders, including specific companies, will receive their dividends directly from the company [3] Taxation Details - For individual shareholders holding A-shares for more than one year, the cash dividend will not be subject to personal income tax, resulting in a net distribution of RMB 0.2007 per share [5] - For shares held for one year or less, tax will be calculated based on the holding period, with a maximum tax burden of 20% for shares held for one month or less [5] - For Qualified Foreign Institutional Investors (QFIIs), a 10% corporate income tax will be withheld, resulting in a net dividend of RMB 0.18063 per share [6] Contact Information - For inquiries regarding the dividend distribution, shareholders can contact the Board Office at +86 532 82983087 [8]

Group 1 - The stock price of Qingdao Port (601298) closed at 8.73 yuan on August 15, 2025, down 0.46% with a turnover rate of 0.35% and a trading volume of 187,500 shares, amounting to a total transaction value of 163 million yuan [1] - On August 15, the net outflow of main funds from Qingdao Port was 18.08 million yuan, accounting for 11.06% of the total transaction value, while retail investors saw a net inflow of 6.35 million yuan, representing 3.89% of the total transaction value [2][4] - Qingdao Port International Co., Ltd. announced a cash dividend of 0.2007 yuan per share (before tax) for the year 2024, with a total cash dividend distribution of 1.3027638 billion yuan based on the total share capital of 6,491,100,000 shares [2][4] Group 2 - The ex-dividend date and cash dividend payment date for the announced cash dividend is set for August 25, 2025 [2] - The total cash dividend for the year 2024, including the mid-year cash dividend of 0.1134 yuan per share, amounts to 0.3141 yuan per share (before tax), totaling 2.0388545 billion yuan [2]

Core Viewpoint - The company has announced a cash dividend distribution plan for its shareholders, with a specific payout amount and relevant dates for the distribution process [2][3]. Dividend Distribution Plan - The cash dividend per share for A shares is set at RMB 0.2007 (including tax), totaling RMB 1,302.76 million for all shareholders based on a total share capital of 6,491,100,000 shares [2][3]. - The total cash dividend for the year 2024, including the mid-year distribution, amounts to RMB 0.3141 per share (including tax), with a total payout of RMB 2,038.85 million [3]. Relevant Dates - The key dates for the dividend distribution are as follows: - Record date: August 22, 2025 - Last trading day: August 25, 2025 - Ex-dividend date: August 25, 2025 - Cash dividend payment date: August 25, 2025 [3]. Implementation Method - Cash dividends for shareholders will be distributed through the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, based on the registration of shares as of the record date [3][4]. - For A share natural person shareholders and securities investment funds, tax policies will apply based on the holding period of the shares, with specific tax exemptions for longer holding periods [4]. Taxation Details - For individual shareholders holding shares for more than one year, the cash dividend will be RMB 0.2007 per share after tax exemption [4]. - For Qualified Foreign Institutional Investors (QFII), a 10% corporate income tax will be withheld, resulting in a net cash dividend of RMB 0.18063 per share [6]. - For Hong Kong investors through the Stock Connect program, the same 10% tax applies, with the possibility of applying for tax treaty benefits if applicable [6]. Contact Information - For inquiries regarding the dividend distribution, shareholders can contact the Board Office at 0532-82983087 [7].

| 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/8/22 | － | 2025/8/25 | 2025/8/25 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 证券代码：601298 证券简称：青岛港 公告编号：临 2025-026 青岛港国际股份有限公司 2024年年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利人民币 0.2007元（含税） 相关日期 本次利润分配以方案实施前的公司总股本6,491,100,000股为基数，每股派发现 三、 相关日期 本次利润分配方案经青岛港国际股份有限公司（以下简称"公司"）2025 年 6 月 27 日的2024年年度股东大会审议通过。 二、 分配方案 1. 发放年度：2024年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司 ...

Group 1: Digital Transformation in Shandong - The digital transformation wave is significantly impacting various sectors in Shandong, including education, logistics, and healthcare, leading to a revolutionary "intelligent change" [1] - The integration of AI technologies is enhancing operational efficiency and service quality across industries, with specific examples in education and port services [1][6] Group 2: Shandong University AI Initiatives - Shandong University has developed an AI application development platform, HiAgent, enabling over 3,000 users to create more than 100 different AI agents within a month, achieving a daily token usage of over 80 million [2][5] - The AI agents cover various fields such as scientific research and education, improving interaction with knowledge and enhancing research quality [3][5] Group 3: Qingdao Port Innovations - Qingdao Port, a major global shipping hub, is utilizing the "Cloud Port APP" to enhance service efficiency for over 57,000 users, focusing on the needs of truck drivers [6][7] - The port's collaboration with Fire Mountain Engine has led to significant improvements in operational efficiency, including streamlined business processes and enhanced navigation services for drivers [6][7] Group 4: Yingke Medical's AI Integration - Yingke Medical, a leader in the medical protective equipment sector, is leveraging AI to optimize its global supply chain and enhance operational efficiency [8][10] - The company has implemented an "Intelligent Sales Assistant" with a 90% accuracy rate for customer management and document review, significantly improving sales processes [8][10] Group 5: Overall Impact of Fire Mountain Engine - Fire Mountain Engine is facilitating the digital transformation across various industries in Shandong, including education, logistics, and healthcare, by providing tailored AI solutions [14] - The company's AI models and cloud services are being applied in diverse sectors such as automotive, finance, and retail, driving further industry advancements [14]