Investment Rating - The report maintains a "Buy" rating for the company, with a market price of 9.31 yuan [1]. Core Insights - The company reported a slight decline in revenue for the first half of 2024, with a revenue of 9.067 billion yuan, down 0.98% year-on-year, while net profit increased by 3.05% to 2.642 billion yuan [3]. - The company is experiencing growth in container throughput, with a 9.0% increase in TEU (Twenty-foot Equivalent Unit) throughput to 15.82 million TEUs in the first half of 2024 [3]. - The ongoing integration of Shandong ports is expected to enhance the company's competitive position [3]. - The company forecasts net profits of 5.419 billion yuan, 6.014 billion yuan, and 6.593 billion yuan for 2024, 2025, and 2026 respectively, with corresponding earnings per share of 0.83 yuan, 0.93 yuan, and 1.02 yuan [3]. Financial Performance Summary - **Revenue Forecasts**: - 2022A: 19,263 million yuan - 2023A: 18,173 million yuan - 2024E: 19,769 million yuan - 2025E: 21,513 million yuan - 2026E: 23,195 million yuan - Year-on-year growth rates: 20%, -6%, 9%, 9%, 8% [1]. - **Net Profit Forecasts**: - 2022A: 4,525 million yuan - 2023A: 4,923 million yuan - 2024E: 5,419 million yuan - 2025E: 6,014 million yuan - 2026E: 6,593 million yuan - Year-on-year growth rates: 14%, 9%, 10%, 11%, 10% [1]. - **Earnings Per Share**: - 2022A: 0.70 yuan - 2023A: 0.76 yuan - 2024E: 0.83 yuan - 2025E: 0.93 yuan - 2026E: 1.02 yuan [1]. - **Valuation Ratios**: - P/E ratios: 13.4, 12.3, 11.2, 10.0, 9.2 for 2022A to 2026E respectively [1]. - P/B ratios: 1.6, 1.5, 1.4, 1.2, 1.1 for 2022A to 2026E respectively [1]. Operational Highlights - The company achieved a container throughput of 15.82 million TEUs in the first half of 2024, with a 14.2% increase in transshipment volume [3]. - The company is actively expanding its inland port network, adding 9 new inland ports and launching 6 new sea-rail intermodal routes [3]. - The performance of liquid bulk and dry bulk segments faced challenges, with revenue declines attributed to increased competition and lower operational rates [3]. Strategic Developments - The company is in the process of acquiring assets from Rizhao Port Group and Yantai Port Group, with a total transaction value of 9.44 billion yuan, aimed at enhancing asset quality and profitability [3]. - The acquisition is expected to improve the company's earnings per share and strengthen its market position [3].

证券简称：青岛港 证券代码：601298 公告编号：临 2024-042 青岛港国际股份有限公司 第四届监事会第十九次会议决议公告 本公司监事会及全体监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、监事会会议召开情况 青岛港国际股份有限公司（以下简称"公司"）第四届监事会第十九次会议于 2024 年 8 月 29 日以现场会议及通讯参会相结合的方式在山东省青岛市市北区港 极路 7 号山东港口大厦 2315 会议室召开。会议通知及会议材料已按照《青岛港 国际股份有限公司章程》（以下简称"《公司章程》"）规定及时以书面方式送达全 体监事。本次会议应到监事 6 人，实际出席监事 6 人（其中，以通讯参会方式出 席 2 人），缺席监事 0 人。本次会议的召开符合《中华人民共和国公司法》等法 律、法规及规范性文件以及《公司章程》的规定。 经公司监事会过半数监事共同推举，本次会议由监事王亚平主持，公司董事 会秘书、有关部门负责人及证券事务代表列席了本次会议。 二、监事会会议审议情况 经与会监事充分审议并经过有效表决，审议通过了以下议案： 公司监事会认为 ...

证券简称：青岛港 证券代码：601298 公告编号：临 2024-043 青岛港国际股份有限公司 2024 年上半年募集资金存放与实际使用情况专项报告 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。 根据中国证券监督管理委员会《上市公司监管指引第2号——上市公司募集资金 管理和使用的监管要求》（证监会公告﹝2022﹞15号）和《上海证券交易所上市公 司自律监管指引第1号——规范运作》（上证发字﹝2023﹞193号）等有关规定，现 将青岛港国际股份有限公司（以下简称"公司"、"本公司"或"青岛港"）首次公开发行 A股股票募集资金2024年上半年存放与实际使用情况专项报告如下： 一、募集资金基本情况 根据公司于2018年12月14日收到的中国证券监督管理委员会《关于核准青岛港 国际股份有限公司首次公开发行股票的批复》（证监许可﹝2018﹞1839号文），公 司获准首次公开发行人民币普通股A股454,376,000股，每股发行价格为人民币4.61 元，股款以人民币缴足，募集资金总额为人民币2,094,673,360元，扣除承销及保荐 ...

山东港口集团财务有限责任公司 持续风险评估报告 财务公司于 2014 年 7 月 17 日经原中国银行业监督管理委 员会（现为国家金融监督管理总局）批准开业，设立时的全称为青 岛港财务有限责任公司，2014 年 7 月 18 日取得《金融许可 证》。2014 年 7 月 22 日经工商行政管理部门批准，取得《企业 法人营业执照》（注册号：370200020003175）。因财务公司变更 住址，分别于 2021 年 11 月 9 日、2022 年 1 月 18 日申请换发了 新的金融许可证及营业执照。因财务公司名称由青岛港财务有 限责任公司变更为山东港口集团财务有限责任公司，于 2022 年 11 月 3 日申请换发了新的金融许可证，于 2022 年 12 月 2 日完 — 1 — 成了营业执照的更换。 根据《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》（上证发〔2023〕6 号）的要求，青岛港国 际股份有限公司（以下简称"公司"或"上市公司"）通过查验山东港 口集团财务有限责任公司（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 2024 年 6 月 30 日 ...

Financial Performance - The company's operating revenue for the first half of 2024 was CNY 9,067,374,436, a decrease of 0.98% compared to the same period last year[20]. - Net profit attributable to shareholders was CNY 2,641,770,421, representing an increase of 3.05% year-on-year[20]. - The net cash flow from operating activities decreased by 43.53% to CNY 1,716,694,464, primarily due to higher tax payments compared to the previous year[21]. - The company's total assets increased by 2.82% to CNY 61,944,793,976 compared to the end of the previous year[20]. - The basic earnings per share for the first half of 2024 was CNY 0.41, up 5.13% from CNY 0.39 in the same period last year[21]. - The gross profit for the same period was 3.377 billion RMB, remaining stable compared to the previous year[32]. - The investment income from joint ventures and associates increased by 8.33% to 826 million RMB, primarily due to higher returns from the container handling and supporting services segment[32]. - The company reported a net profit distribution of approximately -1.9 billion, with a total of -2.38 billion in profit distribution for the period[138]. - The total owner's equity at the end of the reporting period was approximately 41.28 billion, with a minority interest of about 3.88 billion[140]. Operational Highlights - The company maintained its position as the fourth largest coastal port in China, with container throughput increasing by 8.6% in the first half of 2024[25]. - In the first half of 2024, the company achieved a cargo throughput of 35.444 million tons, representing a year-on-year increase of 6.7%[31]. - The container throughput reached 1.582 million TEU, marking a 9.0% year-on-year growth[31]. - The company expanded its service offerings by adding 8 new container shipping routes, resulting in a 14.2% increase in transshipment volume[38]. - The group achieved a revenue of 756 million CNY from container handling and related services, an increase of 155 million CNY or 25.7% year-on-year[39]. - The inland port services expanded with 9 new inland ports and 6 new sea-rail intermodal routes, resulting in a 13.4% year-on-year increase in container throughput to 1.31 million TEU[39]. Risk Management - The report indicates that there are no significant risks such as stock delisting or bankruptcy during the reporting period[6]. - The company has outlined potential market, industry, and operational risks in the management discussion section[6]. - The company faces risks related to macroeconomic fluctuations, which could impact its operational performance due to the port industry's sensitivity to global trade dynamics[63]. - The company is exposed to risks from potential adjustments in port fee rates, which could affect its main revenue sources[63]. - The company is currently navigating risks associated with industry competition and potential consolidation with Shandong Port Group[64]. Environmental and Social Responsibility - The company has established a hazardous waste temporary storage facility and commissioned qualified units for disposal[78]. - The company has obtained an emissions permit and complies with environmental regulations, ensuring all facilities operate normally[80]. - The company is committed to fulfilling social responsibilities by supporting local economic development through projects like the cherry demonstration garden in Yunshan Town, which aims to increase the income of five economically weak villages[87]. - In the first half of 2024, the clean transportation ratio for bulk dry cargo via "rail + water" reached 96% and 78% in the Qianwan and Dongjiakou port areas, respectively, with an overall ratio of 86% at Qingdao Port[86]. Corporate Governance - The management has stated that the financial report is true, accurate, and complete, ensuring accountability for its content[3]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[7]. - The company has maintained compliance with commitments to avoid and resolve competition with related parties[93]. - The company has not faced any penalties or corrective actions related to legal violations during the reporting period[93]. - The company has undergone significant management changes, including the resignation of several key executives in early 2024[68]. Investment and Capital Management - The company plans to acquire 100% equity of Rizhao Port Oil Products Terminal Co., Ltd. and 50% equity of Rizhao Shihua Oil Terminal Co., Ltd. through a combination of issuing shares and cash payments[99]. - The total amount of guarantees provided by the company to subsidiaries during the reporting period is CNY 600 million, with a balance of CNY 189.66 million at the end of the period[106]. - The company reported a total deposit amount of CNY 1,764.81 million with Shandong Port Financial Company, with a maximum daily deposit limit of CNY 1,800 million[101]. - The company has invested 184,335.36 million RMB cumulatively in projects funded by the raised capital, with an investment progress of 93.15%[108]. Financial Reporting and Compliance - The financial report complies with the requirements of the Enterprise Accounting Standards, accurately reflecting the financial position and operating results as of June 30, 2024[154]. - The company applies the principle of materiality in preparing and disclosing financial statements, with specific thresholds for significant items such as receivables and investments[158]. - The company recognizes expected credit losses based on the probability-weighted present value of cash flow differences for financial assets measured at amortized cost and fair value[172]. - The company has established criteria for recognizing financial assets and liabilities when it becomes a party to a financial instrument contract[167].

第四届董事会第二十一次会议决议公告 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 证券简称：青岛港 证券代码：601298 公告编号：临 2024-041 青岛港国际股份有限公司 青岛港国际股份有限公司（以下简称"公司"）第四届董事会第二十一次会议 于 2024 年 8 月 29 日以现场会议及通讯参会相结合的方式在山东省青岛市市北 区港极路 7 号山东港口大厦 2315 会议室召开。会议通知及会议材料已按照《青 岛港国际股份有限公司章程》（以下简称"《公司章程》"）规定及时以书面方式送 达全体董事。本次会议应到董事 9 人，实际出席董事 9 人（其中，以通讯参会方 式出席 4 人，非独立董事朱涛因其他公务安排，已委托独立董事黎国浩代为出席 并表决)，缺席董事 0 人。本次会议的召开符合《中华人民共和国公司法》等法 律、法规及规范性文件以及《公司章程》的规定。 本次会议由公司副董事长主持，公司全体监事、高级管理人员及有关部门负 责人列席了本次会议。 二、董事会会议审议情况 经与会董事充分审议并经过有效 ...

（以下无正文） - 1 - (本页无正文,为《青岛港国际股份有限公司第四届董事会独立董 事专门会议第四次会议决议》的签字页） 青岛港国际股份有限公司第四届董事会 独立董事专门会议第四次会议决议 青岛港国际股份有限公司（以下简称"公司"）第四届董事会 独立董事专门会议第四次会议于 2024 年 8 月 29 日以现场会议及 通讯参会相结合的方式在青岛市市北区港极路 7 号山东港口大 厦 2311 会议室召开。会议通知及会议材料已按照《青岛港国际 股份有限公司章程》（以下简称"《公司章程》"）规定及时以书 面方式送达全体独立董事。本次会议应到独立董事 3 人，实际出 席独立董事 3 人（其中，以通讯参会方式出席 1 人），缺席独立 董事 0 人。本次会议的召开符合《中华人民共和国公司法》等法 律、法规及规范性文件以及《公司章程》的规定。 经公司独立董事专门会议过半数独立董事共同推举，本次会 议由公司独立董事李燕主持，公司董事会秘书列席了本次会议。 经与会独立董事充分审议并经过有效表决，审议通过了《关 于山东港口集团财务有限责任公司持续风险评估报告的议案》， 同意及批准以下事项： 1.同意山东港口集团财务有限责任公 ...

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） 截至2024年6月30日止六個月之中期業績 財務摘要 截至2024年6月30日止六個月： 董事會欣然宣佈本集團截至2024年6月30日止六個月期間之未經審計的中期合併業績。 該中期業績已由董事會審計委員會審閱。以下呈列的本集團未經審計中期合併資產負債 表、未經審計中期合併利潤表及附註1至11乃摘自本集團截至2024年6月30日止六個月之 未經審計的中期合併財務信息。 1 • 歸屬於母公司股東的淨利潤為人民幣26.42億元，較去年同期增長3.05%； • 實現對合營公司及聯營公司投資收益為人民幣8.26億元，較去年同期增長 8.33%；及 • 基本每股收益為人民幣0.41元，較去年同期增長5.13%。 合併資產負債表 2024 年 6 月 30 ...

Financial Performance - Net profit attributable to shareholders for the six months ended June 30, 2024, was RMB 2.642 billion, an increase of 3.05% compared to the same period last year[2]. - Basic earnings per share increased by 5.13% to RMB 0.41[2]. - Total operating revenue for the six months ended June 30, 2024, was RMB 9.067 billion, a decrease of 0.98% from RMB 9.158 billion in the previous year[5]. - Operating profit for the same period was RMB 3.588 billion, compared to RMB 3.531 billion in the previous year, reflecting a growth of 1.63%[5]. - For the six months ended June 30, 2024, the total comprehensive income amounted to RMB 2,930,423,154, an increase from RMB 2,777,455,548 for the same period in 2023, representing a growth of approximately 5.5%[6]. - The net profit attributable to shareholders of the parent company for the same period was RMB 2,644,941,236, compared to RMB 2,476,243,599 in 2023, reflecting an increase of about 6.8%[6]. - Basic and diluted earnings per share for the six months ended June 30, 2024, were both RMB 0.41, up from RMB 0.39 in 2023, indicating a growth of 5.1%[6]. - The company reported a decrease in operating costs to RMB 5.691 billion from RMB 5.781 billion year-on-year[5]. - The total tax expenses for the six months ending June 30, 2024, were RMB 85.331 million, an increase from RMB 79.789 million in 2023[32]. - The current income tax expense for the period was RMB 673.642 million, compared to RMB 615.774 million in the previous year[33]. Assets and Liabilities - Total assets as of June 30, 2024, amounted to RMB 61.945 billion, an increase from RMB 60.246 billion at the end of 2023[4]. - Total liabilities increased to RMB 16.840 billion from RMB 15.707 billion at the end of 2023[4]. - Cash and cash equivalents stood at RMB 11.478 billion, up from RMB 10.934 billion at the end of 2023[3]. - The total accounts receivable as of June 30, 2024, was RMB 2,368,297,357, an increase from RMB 2,103,632,270 as of December 31, 2023, representing a rise of approximately 12.6%[22]. - The total accounts payable decreased to RMB 1,377,210,351 as of June 30, 2024, down from RMB 1,870,122,136 as of December 31, 2023, indicating a reduction of about 26.3%[25]. Segment Performance - The company operates five reportable segments, including container handling and supporting services, metal ore and coal handling, liquid bulk handling, logistics and port value-added services, and port supporting services[39]. - The container handling and supporting services segment generated operating revenue of RMB 755.807 million, a year-on-year increase of RMB 154.671 million or 25.7%, with segment profit rising to RMB 1.083 billion, up 23.1% year-on-year[57][59]. - The logistics and port value-added services segment reported a profit of RMB 840.798 million, an increase of 7.1% year-on-year[53]. - The company achieved a revenue of RMB 2.093 billion in the metal ore, coal, and other cargo handling and supporting services, a decrease of RMB 0.45 billion or 2.1% compared to the same period last year[65]. - Liquid bulk cargo handling and supporting services generated a revenue of RMB 1.953 billion, down RMB 0.78 billion or 3.8% year-on-year, primarily due to decreased operational rates at nearby ports[69]. Investments and Capital Expenditures - Significant capital investments during the six months totaled RMB 448 million, primarily for the Dongjiakou Port general terminal grain silo phase III project and liquid chemical terminal tank area project[90]. - The company plans to invest a total of RMB 46,045 million in the port project from 2017 to 2019, with RMB 10,875.57 million used in 2023[111]. - The total planned investment for the Dongjiakou oil products project is RMB 68,717 million, with RMB 13,757.34 million used in 2023[115]. - The company plans to issue new A-shares to no more than 35 qualified investors for restructuring funding[107]. Shareholder Information - The company declared a cash dividend of RMB 292.7 per thousand shares, totaling RMB 1,899.945 million for 2023[28]. - The company did not declare an interim dividend for the six months ending June 30, 2024, consistent with the previous year[29]. - The company’s total share capital as of June 30, 2024, was 6,491,100,000 shares, with A-shares and H-shares accounting for 83.07% and 16.93% respectively[10]. - The company’s controlling shareholder is Qingdao Port Group, which holds a total of 55.77% of the shares, ensuring stable governance and strategic direction[10]. Operational Developments - The company is focused on enhancing hub capabilities, aiming to solidify its position as a leading international container hub in Northeast Asia[99]. - The company is accelerating the construction of smart green ports and aims to create the industry's first digital integrated platform[99]. - The company has entered into asset purchase agreements to acquire stakes in various port-related companies, with agreements dated July 12, 2024[120]. - The company is actively pursuing new strategies for market expansion and technological development in port operations[126]. Miscellaneous - The company has no significant acquisitions or disposals related to subsidiaries, joint ventures, or associates during the six months ending June 30, 2024[92]. - The company has no major contingent liabilities as of June 30, 2024[94]. - The company has no asset pledges or mortgages as of June 30, 2024[93]. - The company’s financial figures and percentages have been rounded for reporting purposes[129].

证券代码：601298 证券简称：青岛港 公告编号：临 2024-040 青岛港国际股份有限公司 关于召开 2024 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： 会议召开时间：2024 年 9 月 2 日（星期一）16:00-17:00 （三）会议召开方式：上证路演中心网络互动 会议召开地点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网址： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2024 年 8 月 26 日（星期一）至 8 月 30 日（星期五）16:00 前 登 录 上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 （qggj@qdport.com）进行提问。公司将在说明会上回答投资者普遍关注的问题。 青岛港国际股份有限公司（以下简称"公司"）将于 2024 年 8 月 30 日发布 《青岛港国际股份有限公司 2024 年半年度 ...