Group 1 - The core viewpoint of the news is that the China-South Korea Free Trade Zone concept has experienced a decline of 2.51%, ranking among the top declines in concept sectors [1][2] - Within the China-South Korea Free Trade Zone concept, stocks such as Xinhua Jin, Lianyungang, and Langzi Co. have seen significant declines [1][2] - The main funds have net outflows of 0.96 billion yuan from the China-South Korea Free Trade Zone concept today, with nine stocks experiencing net outflows, and five stocks seeing outflows exceeding 10 million yuan [2] Group 2 - The stock with the highest net outflow is Liaoport Co., with a net outflow of 26.89 million yuan, followed by Lianyungang and Qingdao King with net outflows of 25.68 million yuan and 24.12 million yuan respectively [2] - The stocks with the highest net inflows include Xinhua Jin, with a net inflow of 13.61 million yuan, followed by Chunxue Food and Qingdao Food with net inflows of 1.99 million yuan and 0.87 million yuan respectively [2] - The table lists the stocks in the China-South Korea Free Trade Zone concept with their respective daily price changes, turnover rates, and main fund flows, highlighting the performance of individual stocks [2]

Core Insights - On September 19, Liaoport Co., Ltd. experienced a decline of 3.21% in stock price, with a trading volume of 518 million yuan [1] - The company reported a financing buy-in of 51.39 million yuan and a financing repayment of 51.50 million yuan on the same day, resulting in a net financing outflow of 110,200 yuan [1] - As of September 19, the total margin balance for Liaoport was 231 million yuan, with a financing balance of 227 million yuan, representing 0.68% of the circulating market value, which is below the 10th percentile level over the past year [1] Financing and Margin Trading - On September 19, Liaoport had a financing buy-in of 51.39 million yuan, with a current financing balance of 227 million yuan [1] - The margin trading balance is at a low level compared to historical data, indicating reduced investor confidence [1] - In terms of short selling, Liaoport repaid 157,300 shares and sold 50,100 shares on September 19, with a short selling amount of 90,700 yuan [1] Company Overview - Liaoport Co., Ltd. was established on November 16, 2005, and listed on December 6, 2010, operating in various logistics sectors including oil, containers, automobiles, and bulk goods [2] - The company's main business revenue composition is 96.37% from services, 3.06% from other sources, and 0.57% from goods [2] - As of June 30, 2025, Liaoport reported a revenue of 5.693 billion yuan, a year-on-year increase of 5.93%, and a net profit attributable to shareholders of 956 million yuan, a significant increase of 110.78% [2] Dividend and Shareholding - Since its A-share listing, Liaoport has distributed a total of 5.342 billion yuan in dividends, with 1.439 billion yuan distributed over the past three years [3] - As of June 30, 2025, the number of shareholders decreased to 224,300, a reduction of 2.21% from the previous period [3] - Among the top ten circulating shareholders, the Southern CSI 500 ETF holds 111 million shares, an increase of 14.946 million shares compared to the previous period [3]

Core Insights - Liao Port Co., Ltd. (601880) has engaged with institutional investors such as Shenwan Hongyuan and CITIC Securities on September 19, 2025, to discuss its business operations and financial performance [1] Financial Performance - In the first half of 2025, the company's total cost expenses amounted to 4.508 billion yuan, a decrease of 274 million yuan year-on-year, representing a decline of 5.73%. This reduction was primarily due to a decrease in logistics service costs by 182 million yuan [1] - The company's gross profit margin reached 31.5%, an increase of 8.5 percentage points compared to the same period last year, driven by a 5.9% increase in operating revenue and a 5.7% decrease in operating costs [1] Debt Management - As of June 30, 2025, the company's total interest-bearing debt was 6.036 billion yuan, a reduction of 2.188 billion yuan since the beginning of the year, resulting in a debt-to-asset ratio of 24.2%, down by 3.2 percentage points [2] - The proportion of short-term interest-bearing debt was 2.22%, while long-term debt accounted for 97.78% [2] Business Development - The company is collaborating with the China Merchants Group to enhance the "North Grain South Transport" logistics channel, establishing a total of 10 new grain shipping routes between northern and southern ports [2] - Efforts are being made to develop a crude oil transshipment platform in the Bohai Rim region, ensuring smooth logistics services for crude oil transportation [2] Logistics and Operations - The company is advancing the logistics business for steel products through a "one order system" and improving the efficiency of mixed cargo transportation [3] - In the first half of 2025, the container business experienced slight growth due to the development of new ocean routes and optimization of near-sea routes, including the launch of four new container shipping routes to Europe and the Mediterranean [3]

（ 於 中 華 人 民 共 和 國 註 冊 成 立 之 外 商 投 資 股 份 有 限 公 司 ） （股票代碼：2880） 海外監管公告 本公告乃依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。 * 承董事會命 遼寧港口股份有限公司 王慧穎 公司秘書 獨 立 非 執 行 董 事： 劉 春 彥、程 超 英 及 陳 維 曦 中國遼寧省大連市 二零二五年九月十九日 於 本 公 告 日 期，董 事 會 成 員 是： 執 行 董 事： 李國鋒及魏明暉 非 執 行 董 事： 王 柱、黃 鎮 洲 及 楊 兵 * 本公司根據修改前的香港公司條例第XI部（即 已 於 二 零 一 四 年 三 月 三 日 生 效 之 公 司 條 例 第 十 六 部）登 記 為 非 香 港 公 司，英 文 名 稱 為「Liaoning Port Co., Lt ...

Company Overview - Liaoning Port Co., Ltd. (辽港股份) has a market capitalization of 42.7 billion yuan [2] - The company held an investor meeting on September 19, 2025, attended by Vice General Manager Yin Kaiyang and other executives [1] Revenue Composition - For the year 2024, the revenue breakdown is as follows: - Container terminal and related logistics business: 34.59% - General cargo terminal and related logistics business: 33.52% - Port value-added and support services: 11.06% - Oil and liquid chemical terminal and related logistics business: 10.08% - Bulk grain terminal and related logistics business: 6.23% [1]

证券代码：601880 证券简称：辽港股份 辽宁港口股份有限公司投资者关系活动记录表 编号：临2025-049 | | ☑特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活动类别 | □媒体采访 业绩说明会 | | | 新闻发布会 □路演活动 | | | ☑现场参观 □其他 申万宏源、中信证券、长江证券、招商证券、财通资 | | | 管、华创证券、东北证券、超扬天辰、方正证券、信 | | 参与单位名称 | 达证券、兴业证券、广发证券、中银证券、中信建投 | | | 资管、东证资管、天弘基金、国信资产、星石投资、 | | | 工银瑞信等。 | | 时间 | 2025年9月19日 | | 地点 | 大连保税区大窑湾 | | 上市公司接待人员姓名 | 部长王劲松先生、业务部商务中心主任段明峰先生、业 | | | 副总经理尹凯阳先生、董事会秘书王慧颖女士、财务部 | | | 务部油化品中心主任王志成先生。 | | | 一、公司董事会秘书王慧颖女士介绍了公司概况，以及公 | | 司 | 2025 年上半年经营及业绩情况。 | | | 二、投资者提出的问题及公司回复情况 | | | 1、公司 ...

Core Viewpoint - Dalian Changgang Tugboat Service Co., Ltd. has been established with a registered capital of 50 million RMB, focusing on domestic ship management, ship repair, and port operations [1] Company Information - The legal representative of Dalian Changgang Tugboat Service Co., Ltd. is Leng Bingshu, and the company was founded on September 17, 2025 [2] - The company is registered under the unified social credit code 91210202MAEUFY1869 and is classified as a limited liability company in the water transportation industry [2] - The business scope includes domestic ship management, ship repair, and port operations, along with other services such as ship towing, ship leasing, and labor services [2] Shareholder Structure - The company is jointly owned by three shareholders: Liaoning Port Co., Ltd. (40% stake), Dalian Hengsheng International Shipping Co., Ltd. (30% stake), and COSCO Shipping Logistics Supply Chain Co., Ltd. (30% stake) [2]

Core Viewpoint - The company, Liaoning Port Co., Ltd., is positioned as a leading logistics platform in Dalian, leveraging its strategic location and operational advantages to enhance its role in the Northeast Asia International Shipping Center and the development of the Liaoning Coastal Economic Belt [2][3]. Group 1: Company Overview - Liaoning Port Co., Ltd. operates a unified logistics platform for port operations in Dalian, with a focus on various types of cargo including oil, containers, automobiles, and bulk goods [2][3][8]. - The company is the largest comprehensive terminal operator in Northeast China, with nearly 70 coastal routes, and plays a significant role in the implementation of the China-South Korea Free Trade Agreement [2][3]. Group 2: Business Operations - The main business segments include oil and liquid chemical products, container logistics, automobile logistics, bulk cargo logistics, grain logistics, and passenger roll-on/roll-off services [3][9]. - The company has a well-established transportation network and is a key player in sea-rail intermodal transport and maritime transshipment in China [3]. Group 3: Recent Developments - A wholly-owned subsidiary has received approval for a blockchain project, indicating the company's commitment to technological advancements [4]. - The company plans to enhance its container terminal operations by adding 10 new routes, focusing on Southeast Asia and the Russian Far East, aligning with national strategies such as the Belt and Road Initiative [4]. Group 4: Financial Performance - For the first half of 2025, the company reported revenue of 5.693 billion yuan, a year-on-year increase of 5.93%, and a net profit of 956 million yuan, up 110.78% [9][10]. - The company has distributed a total of 5.342 billion yuan in dividends since its A-share listing, with 1.439 billion yuan in the last three years [10].

Group 1 - A new company, Dalian Changgang Tugboat Service Co., Ltd., has been established with a registered capital of 50 million yuan [1] - The company's business scope includes tugboat services, port services, ship leasing, and transportation equipment leasing services [1] - The company is jointly held by Liaogang Co., Ltd. and COSCO Shipping Logistics Supply Chain Co., Ltd. [1]

Group 1 - The average stock price of A-shares is 13.49 yuan, with 24 stocks priced below 2 yuan, the lowest being *ST Gao Hong at 0.51 yuan [1] - Among the low-priced stocks, 12 are ST stocks, accounting for 50% of the total [1] - The Shanghai Composite Index closed at 3831.66 points as of September 18 [1] Group 2 - Among the low-priced stocks, 11 increased in price today, with the highest gainers being Yongtai Energy (up 10.32%), Liao Port Co. (up 2.75%), and *ST Su Wu (up 2.15%) [1] - Conversely, 11 stocks decreased in price, with the largest declines seen in Rongsheng Development (down 8.54%), *ST Gao Hong (down 5.56%), and Zhitian Tui (down 5.36%) [1] - The stock price performance of low-priced stocks shows a mixed trend, indicating volatility in this segment [1]