Financial Performance - The company's operating revenue for 2020 was approximately CNY 6.66 billion, a slight increase of 0.2% compared to CNY 6.65 billion in 2019[19]. - Net profit attributable to shareholders reached CNY 812.64 million, representing a growth of 13.1% from CNY 718.23 million in the previous year[19]. - The net profit after deducting non-recurring gains and losses was CNY 748.53 million, up 14.8% from CNY 651.79 million in 2019[19]. - The basic earnings per share for 2020 was CNY 0.063, a 13.1% increase from CNY 0.056 in 2019[20]. - The weighted average return on equity rose to 4.24%, an increase of 0.4 percentage points from 3.86% in the previous year[20]. - The company's total revenue for 2020 was RMB 6,657,457,293.58, reflecting a slight increase of 0.2% from RMB 6,645,907,276.19 in 2019[44]. - The gross profit for 2020 was RMB 2,235,346,929.53, with a gross margin of 33.6%, up from 30.0% in 2019, indicating a 3.6 percentage point increase[44]. - The company reported a significant increase in credit impairment losses, which rose by 743.6% to RMB 132,789,383.36 in 2020[44]. - The logistics revenue increased by 3.3% due to significant growth in the throughput of minerals and grains, despite a decline in container and passenger roll-on/roll-off business volumes[44]. - In 2020, the company achieved a net profit attributable to shareholders of RMB 812,640,222.02, an increase of 13.1% compared to RMB 718,230,462.31 in 2019[41]. Cash Dividends - The company plans to distribute a cash dividend of RMB 0.30 per 10 shares, totaling RMB 678,702,883.59 based on 22,623,429,453 shares[4]. - In 2020, the company distributed cash dividends totaling RMB 678,702,883.59, with a payout ratio of 83.5% of the net profit attributable to shareholders[125]. - The cash dividend per 10 shares for 2020 was RMB 0.30, compared to RMB 0.21 in 2019 and RMB 0.19 in 2018[125]. - The company plans to distribute at least 40% of the available profit each year, ensuring a stable return to investors[123]. - The company has maintained a consistent cash dividend policy over the past three years, with cumulative cash distributions exceeding 30% of the average distributable profit[123]. Audit and Compliance - The company received a standard unqualified audit report from Ernst & Young Hua Ming[3]. - The company is committed to ensuring the accuracy and completeness of the financial report as stated by its management[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 decision-making procedures regarding external guarantees[7]. - The company has not faced any issues with more than half of the board members being unable to ensure the authenticity and completeness of the annual report[6]. - The report emphasizes that forward-looking statements do not constitute a substantive commitment to investors, highlighting investment risks[5]. - The company has no significant litigation or arbitration matters reported for the year[130]. Operational Highlights - The company completed a record monthly throughput of 87,600 vehicles at the automobile terminal in November 2020, marking a new high for the terminal[28]. - The company expanded its container terminal operations by adding 10 new shipping routes in 2020, enhancing its integration into the "Belt and Road" initiative and domestic international dual circulation strategy[28]. - The company became the first port in China to conduct "bonded mixed ore" operations, partnering with Rio Tinto, and established itself as a key player in the bonded mixed ore market[28]. - The company launched its first foreign trade export liner route at the automobile terminal, significantly enhancing its international service capabilities[28]. - The company is focusing on the construction of the "Northeast Asia Shipping Center" and aims to strengthen its position as a key player in cross-border economic cooperation[32]. - The company has maintained a 100% market share in the automobile roll-on/roll-off industry in Northeast China for eight consecutive years[31]. - The company is actively developing its mixed ore business and aims to establish a Northeast Asia iron ore blending center to support its logistics operations[31]. - The company is enhancing its logistics services to reduce overall logistics costs for customers and improve service levels[31]. Future Strategies and Risks - The company has outlined its future development strategies and potential risks in the report[6]. - The company plans to optimize resource allocation and collaborate with upstream and downstream industries to navigate challenges posed by the ongoing pandemic and global economic conditions[32]. - The company faces significant risks in 2021, including uncertainties in global economic development and increased competition from nearby ports[120]. - The company is focusing on product innovation and service expansion to strengthen its competitive position in the logistics industry[34]. - The company aims to leverage its comprehensive advantages to provide integrated solutions in logistics, trade, and finance for its clients[35]. Environmental Compliance - The company has confirmed that all pollutants from its operations meet national and local discharge standards[163]. - The total wastewater discharge from the Dalian Port Oil Products Terminal was 80,737 tons, with no exceedances in pollutant discharge standards[164]. - The Dalian Port Bulk Cargo Terminal reported a total wastewater discharge of 21,320 tons, also with no exceedances in pollutant discharge standards[166]. - Dalian Port Railway Company reported a total wastewater discharge of 15,599.5 tons in 2020, with COD at 0.256 mg/L, ammonia nitrogen at 0.0032 mg/L, total phosphorus at 0.00215 mg/L, and oil content at 0.00426 mg/L, adhering to local discharge standards[177]. - The hazardous waste disposal amount for Dalian Port Railway Company in 2020 was 8.26 tons, indicating compliance with waste management regulations[178]. - All construction projects by the company have received necessary environmental approvals, achieving a 100% compliance rate with environmental protection regulations[179]. - The company has implemented measures to control dust emissions during loading and storage, including fully enclosed conveyor belts and dust suppression techniques[178]. Shareholder Information - The total number of ordinary shares of the company remains unchanged at 22,623,429,453 shares as of the report date[182]. - The total number of ordinary shareholders at the end of the reporting period is 170,465, a decrease from 290,935 at the end of the previous month[185]. - The largest shareholder, Dalian Port Group Co., Ltd., holds 5,310,255,162 shares, representing 41.18% of the total shares[186]. - Hong Kong Central Clearing Limited, as a major shareholder, increased its holdings by 837,512,852 shares, totaling 5,156,808,930 shares or 39.99%[186]. - The company has no convertible bonds or significant changes in its environmental information disclosure during the reporting period[181]. Investments and Projects - The total planned investment for the ore-specific terminal No. 4 stockyard project is CNY 520 million, with CNY 1.7984 million invested this year and a cumulative investment of CNY 419.4933 million, achieving 81% project progress[106]. - The Daqiao Bay Phase II berths 13-16 project has a planned investment of CNY 3.783 billion, with CNY 643,200 invested this year and a cumulative investment of CNY 2.3331591 billion, achieving 93% project progress, generating a revenue of CNY 200 million from the transfer of berths 13 and 14[106]. - The new port berths 18-21 project has a planned investment of CNY 413.77 million, with a negative investment of CNY 70,700 this year and a cumulative investment of CNY 351.5163 million, achieving 86% project progress, currently in the construction phase with no revenue[106]. - The total investment across all projects amounts to CNY 4.71677 billion, with CNY 2.3709 million invested this year and a cumulative investment of CNY 3.1041687 billion[106].

Financial Performance - Net profit attributable to shareholders of the listed company was CNY 540,815,886.51, an increase of 22.4% year-on-year[9]. - Operating income for the period was CNY 4,904,137,608.49, down 8.6% from CNY 5,363,962,198.97 in the same period last year[9]. - Basic earnings per share rose to CNY 0.04194, reflecting a 22.4% increase compared to CNY 0.03427 in the previous year[9]. - The company's net profit for Q3 2019 was CNY 299,500,189.51, a slight decrease of 3.3% compared to CNY 311,270,109.69 in Q3 2018[61]. - Net profit for the first three quarters of 2019 was CNY 653,258,834.11, an increase of 16.7% compared to CNY 559,693,677.77 in the same period of 2018[61]. - The company reported a total comprehensive income of CNY 298,501,768.25 for Q3 2019, compared to CNY 325,003,638.88 in Q3 2018[62]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 34,987,490,706.38, a decrease of 0.9% compared to the end of the previous year[7]. - Total liabilities amounted to CNY 13,683,909,546.79, a decrease of 5.34% compared to CNY 14,455,267,228.72 in the previous period[54]. - Current liabilities totaled CNY 2,364,682,831.48, down from CNY 5,701,990,038.38, indicating a significant reduction of 58.6%[54]. - Non-current liabilities increased to CNY 11,319,226,715.31, up from CNY 8,753,277,190.34, reflecting a growth of 29.0%[54]. - The company's cash and cash equivalents amounted to RMB 2,629,379,678.29, a decrease of 54.11% compared to the beginning of the year, primarily due to the repayment of short-term loans[17]. - The company's inventory as of September 30, 2019, was approximately RMB 117.58 million, down from RMB 149.49 million at the same time last year[53]. Cash Flow - Cash flow from operating activities was CNY 925,102,982.63, a decrease of 31.2% compared to CNY 1,345,038,436.53 in the same period last year[7]. - The company's net cash inflow from operating activities for the first three quarters of 2019 was RMB 925,102,982.63, a decrease of 31.22% year-on-year, mainly due to increased accounts receivable from oil storage business[43]. - Investment activities generated a net cash inflow of RMB 563,235,148.65, an increase of 417.81% year-on-year, mainly due to increased net recovery of wealth management funds and reduced cash payments for asset acquisitions[44]. - Financing activities resulted in a net cash outflow of RMB 4,605,288,900.25, an increase of 146.92% year-on-year, primarily due to the repayment of a large amount of short-term loans after changing the use of idle raised funds[45]. Shareholder Information - The total number of shareholders at the end of the reporting period was 180,885[13]. - The largest shareholder, Dalian Port Group Co., Ltd., held 5,310,255,162 shares, accounting for 41.18% of the total shares[13]. Operational Metrics - The total throughput for oil and liquid chemical terminals in Q3 2019 was 1,335.3 million tons, a decrease of 5.0% compared to Q3 2018[48]. - Container terminal throughput decreased by 14.7% year-on-year to 270.4 million TEU in Q3 2019, with a total of 777.0 million TEU for the first three quarters, down 10.4% from the same period last year[48]. - The number of vehicles handled at the automobile terminal increased by 2.3% year-on-year to 228,223 units in Q3 2019, with a total of 616,510 units for the first three quarters, up 6.0%[48]. - The throughput for bulk grain terminals decreased by 27.5% year-on-year to 109.2 million tons in Q3 2019, with a total of 317.3 million tons for the first three quarters, down 28.9%[48]. Research and Development - Research and development expenses for Q3 2019 amounted to CNY 116,385,931.51, an increase from CNY 94,781.08 in Q3 2018[60]. - The company plans to continue focusing on market expansion and new product development to drive future growth[60].

Financial Performance - The company's operating revenue for the first half of 2019 was CNY 3,221,965,028.15, a decrease of 11.8% compared to the same period last year[17]. - The net profit attributable to shareholders for the first half of 2019 was CNY 288,235,814.81, an increase of 63.6% year-on-year[17]. - The net cash flow from operating activities decreased by 34.8% to CNY 498,242,956.72 compared to the previous year[17]. - Basic earnings per share for the first half of 2019 were CNY 0.0223533, up 63.6% from CNY 0.0136632 in the same period last year[20]. - The weighted average return on net assets increased to 1.56%, up by 0.59 percentage points compared to the previous year[20]. - The company's net profit attributable to shareholders for the first half of 2019 was RMB 288,235,814.81, an increase of RMB 112,054,967.21 or 63.6% compared to RMB 176,180,847.60 in the same period of 2018[29]. - The total operating revenue for the first half of 2019 was CNY 3,221,965,028.15, a decrease of 11.7% compared to CNY 3,651,188,686.81 in the same period of 2018[165]. - The total comprehensive income for the first half of 2019 was CNY 382,329,868.33, compared to CNY 246,396,249.73 in the same period of 2018, an increase of about 55.0%[167]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 36,292,878,028.86, reflecting a growth of 2.8% from the end of the previous year[19]. - The total liabilities as of June 30, 2019, were CNY 11,369,647,597.53, compared to CNY 10,444,895,105.34 at the end of 2018[164]. - The total equity attributable to shareholders was CNY 18,496,319,140.89, slightly up from CNY 18,461,706,092.75 at the end of 2018[164]. - The company's total assets at the end of the period were significantly impacted by the implementation of new leasing standards, resulting in lease liabilities of CNY 3,255,242,048.76[87]. - The company's total assets amounted to 29,694,077.92 CNY at the end of the reporting period[192]. Revenue Streams - The total cargo throughput of major ports reached 6.71 billion tons in the first half of 2019, a year-on-year increase of 2.6%[25]. - The company completed oil and chemical throughput of 29.49 million tons, an increase of 8.7% year-on-year[29]. - Container throughput reached 5.066 million TEU, a decrease of 7.9% year-on-year[29]. - The company imported 24.5 million tons of crude oil, an increase of 8.9% compared to the same period last year[28]. - The automotive terminal achieved a throughput of 388,272 vehicles, a year-on-year increase of 8.3%[29]. - The revenue from the container segment decreased by 22.0% year-on-year to RMB 1,330,431,489.48, primarily due to a decline in trade service income[49]. Cash Flow and Investments - The company reported a net cash inflow from operating activities of RMB 498,242,956.72 for the first half of 2019[37]. - The company’s unutilized bank credit line stood at RMB 12.78 billion as of June 30, 2019[37]. - The net cash flow from investment activities improved significantly to RMB 480,702,860.41, compared to a net cash outflow of CNY 330,338,652.72 in the same period last year[82]. - The company reported a total investment of CNY 696,886.15 million across various projects, with significant progress in multiple initiatives[95]. Operational Efficiency - The company aims to stabilize foreign trade route operations and increase import capabilities to prevent cargo diversion and enhance market share in the container segment[76]. - The company plans to enhance cooperation with private refineries to meet their storage and transshipment needs, aiming to increase crude oil transshipment volumes[45]. - The company is focusing on enhancing its integrated transportation model by leveraging railway advantages and deepening cooperation with Vale[96]. Environmental Compliance - The company has maintained compliance with environmental regulations, with no major violations or penalties reported during the period[117]. - The wastewater discharge from the Dalian Port Oil Products Terminal was treated and met standards, with no emissions reported in the first half of 2019[118]. - The company has implemented pollution control facilities that meet national and local discharge standards[127]. Shareholder Information - The total number of common stock shareholders reached 185,095 by the end of the reporting period[136]. - The largest shareholder, Dalian Port Group Co., Ltd., holds 5,310,255,162 shares, representing 41.18% of the total shares[137]. - The company has not disclosed any significant changes or progress in previously disclosed matters related to asset acquisitions or equity transactions[111]. Future Outlook - The company plans to focus on enhancing its investment strategies and exploring new market opportunities to improve cash flow and overall financial health[177]. - The company will focus on developing the international cruise business and promoting cruise tourism brands in the second half of 2019, targeting the peak season for passenger roll-on/roll-off services[79].