证券代码：603565 证券简称：中谷物流 公告编号：2023-017 上海中谷物流股份有限公司 关于召开 2022 年年度业绩说明会的公告 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度的经营成果 及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内 就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 会议召开时间：2023 年 4 月 18 日（星期二）下午 14:00-15:00 会议召开地点：上海证券交易所上证路演中心（网址： （一）会议召开时间：2023 年 4 月 18 日下午 14:00-15:00 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个别及连带责任。 重要内容提示： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 4 月 11 日（星期二）至 4 月 17 日（星期一）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 ir@zhonggu56. ...

2022 年第三季度报告 单位：元 币种：人民币 证券代码：603565 证券简称：中谷物流 上海中谷物流股份有限公司 2022 年第三季度报告 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。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | --- | --- | |-----------------------------------------------|------------------|--------------------------------------|-------------------|-------------------------------- ...

Financial Performance - The company achieved total operating revenue of RMB 7,227,722,249.56, an increase of 28.98% compared to RMB 5,603,755,626.75 in the same period last year[16]. - Net profit attributable to shareholders was RMB 1,541,672,530.66, up 40.04% from RMB 1,100,907,096.77 year-on-year[16]. - Net profit attributable to shareholders after deducting non-recurring gains and losses reached RMB 1,277,033,854.30, reflecting a significant increase of 137.02%[16]. - The net cash flow from operating activities was RMB 2,168,081,062.40, representing a growth of 148.87% compared to the previous year[16]. - Basic earnings per share were RMB 1.09, an increase of 26.74% from RMB 0.86 in the same period last year[17]. - The company achieved operating revenue of 7.228 billion yuan, a year-on-year increase of 28.98%, with water transport revenue at 6.220 billion yuan, up 38.09%[43]. - Net profit attributable to shareholders reached 1.542 billion yuan, reflecting a growth of 40.04% compared to the previous year[43]. - The average industry freight rate index increased by 27% year-on-year, significantly supporting the company's performance growth[47]. Assets and Liabilities - Total assets reached RMB 19,135,495,608.81, marking a growth of 10.47% compared to the end of the previous year[16]. - The net assets attributable to shareholders amounted to RMB 9,803,488,324.92, a slight increase of 1.03% from the end of the previous year[16]. - The company's total current assets reached CNY 11,082,684,731.47, compared to CNY 10,051,811,144.70, indicating a growth of approximately 10.2%[128]. - Total liabilities reached CNY 9,300,005,033.46, up from CNY 7,587,052,828.41, indicating a growth of around 21.6%[127]. - The company's long-term borrowings increased by 47.21% to ¥2,194,583,238.24, reflecting a rise in borrowing activities during the reporting period[59]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of RMB 12.00 per 10 shares, totaling RMB 1,702,753,867.20, subject to shareholder approval[3]. - Cash dividends distributed amounted to 1,438,136,712 RMB, with a per-share distribution of 1.50 RMB (tax included) and a capital reserve increase of 0.48 shares per share[115]. - The company reported a net profit distribution to shareholders of 600 million, indicating a significant return to investors[147]. Market and Industry Trends - The logistics industry is experiencing steady growth, driven by long-term demand for bulk commodity transportation in domestic markets[22]. - The container logistics market in China has significant growth potential, with the current container throughput at major ports only accounting for about 20% of total cargo throughput, compared to 50%-80% in developed countries[27]. - The company anticipates that container logistics will become the mainstream method for bulk commodity intermodal transport in the future[27]. - The signing of RCEP has created new opportunities for container logistics, facilitating trade and enhancing the dual circulation strategy[28]. Operational Strategies - The increase in revenue and profit is attributed to rising freight rates and improved asset utilization through refined management practices[18]. - The company is focusing on developing a multi-modal transport network, integrating road, rail, and water transport to enhance logistics efficiency[21]. - The company aims to reduce overall logistics costs and carbon emissions by promoting waterway transport, which has a carbon emission intensity significantly lower than road transport[24]. - The company is actively participating in national policies that encourage the development of multi-modal transport, which is expected to enhance container logistics capabilities[25]. - The company is leveraging its strengths in container logistics to meet the increasing demand for seamless intermodal transport solutions[27]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements due to inherent uncertainties[4]. - The company faced risks related to macroeconomic fluctuations, which could impact demand for container logistics services[65]. - The company noted that stricter environmental regulations could lead to increased operational costs, potentially affecting performance[68]. - The company is committed to enhancing risk awareness and adjusting operational plans in response to macroeconomic and industry policy changes[75]. Environmental Initiatives - The company has established a detailed ballast water management plan to comply with international standards, ensuring all vessels meet D-2 standards since 2017[81]. - The company strictly controls emissions of sulfur oxides, nitrogen oxides, and particulate matter from its vessels to improve air quality in coastal and river regions[81]. - The company has constructed 18 green vessels with a capacity of 89,000 tons, expected to start monthly deliveries in Q4 2022, utilizing advanced emission reduction technologies[89]. - Each green vessel is projected to save approximately 300 tons of fuel oil annually, resulting in a reduction of 944 tons of CO2 emissions per vessel per year, with an Energy Efficiency Design Index (EEDI) exceeding 20% below requirements[89]. Corporate Governance - The company has committed to a 36-month lock-up period for major shareholders following its initial public offering, ensuring stability in shareholding[91]. - The company guarantees that the prospectus for the IPO does not contain false records or misleading statements, and will compensate investors for direct losses if such issues are identified[95]. - The company will ensure compliance with all relevant laws and regulations regarding share transfers and reductions[93]. Research and Development - The company is investing in new technology development, allocating $50 million towards R&D initiatives aimed at enhancing product features and user experience[99]. - Research and development expenses for the first half of 2022 were ¥9,766,847.14, slightly down from ¥10,432,679.90 in the same period of 2021[132]. Related Party Transactions - The company reported a total revenue of 94.94 million CNY from related party transactions in the first half of 2022, with an estimated annual amount of 217.30 million CNY[107]. - The company incurred 4,193.38 million CNY in service provision from related parties, with an estimated annual amount of 5,687.71 million CNY[109]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[106].

Financial Performance - The company's operating revenue for Q1 2022 was RMB 3,291,771,656.12, representing a year-on-year increase of 24.90%[2] - The net profit attributable to shareholders for Q1 2022 was RMB 623,916,382.73, a significant increase of 170.23% compared to the same period last year[2] - The basic earnings per share for Q1 2022 was RMB 0.65, which is a 140.74% increase year-on-year[2] - Operating profit for Q1 2022 was ¥834,110,976.33, significantly higher than ¥309,136,698.95 in Q1 2021, marking an increase of about 169%[12] - Comprehensive income for Q1 2022 totaled ¥623,459,753.18, compared to ¥231,558,970.44 in Q1 2021, indicating a growth of approximately 169%[13] Cash Flow - The net cash flow from operating activities reached RMB 706,986,405.06, marking a substantial increase of 247.49% year-on-year[2] - The company's cash flow from operating activities increased significantly due to higher freight recovery compared to the same period last year[5] - Cash flow from operating activities for Q1 2022 was ¥706,986,405.06, compared to ¥203,453,612.51 in Q1 2021, indicating a substantial increase[14] - The net cash flow from investment activities was -422,376,034.60, compared to -2,275,408,120.55 in the previous year, indicating a significant improvement[15] - The net cash flow from financing activities was 34,988,643.86, contrasting with a negative flow of -90,438,350.30 in the previous year[15] Assets and Liabilities - Total assets at the end of Q1 2022 amounted to RMB 18,421,634,918.88, reflecting a growth of 6.35% from the end of the previous year[3] - The total current liabilities increased to RMB 4.69 billion from RMB 4.37 billion, reflecting a rise of approximately 7.56%[11] - Long-term borrowings rose to RMB 1.78 billion, compared to RMB 1.49 billion in the previous period, marking an increase of around 19.21%[11] - The total non-current liabilities amounted to RMB 3.38 billion, up from RMB 3.22 billion, reflecting an increase of about 4.93%[11] Shareholder Equity - The equity attributable to shareholders increased to RMB 10,327,443,386.50, up by 6.43% compared to the previous year[3] - The company's total equity attributable to shareholders increased to RMB 10.33 billion from RMB 9.70 billion, showing a growth of approximately 6.53%[11] - The company's retained earnings rose to RMB 4.41 billion, compared to RMB 3.78 billion, indicating a growth of approximately 16.51%[11] Investment Activities - The total cash outflow from investment activities was 11,437,869,488.96, compared to 7,721,052,729.71 in the previous year, reflecting increased investment[15] - Cash received from investment income was 48,673,972.36, showing a rise from 9,064,885.16 year-over-year[15] - The cash received from other investment-related activities was 10,966,816,482.00, compared to 5,436,579,724.00 in the previous year, indicating strong investment returns[15] - The cash paid for the acquisition of fixed assets was 187,453,006.96, down from 595,383,000.71 in the previous year, suggesting a reduction in capital expenditures[15] Accounts Receivable and Inventory - The company reported a 185.00% increase in accounts receivable financing, primarily due to an increase in bank acceptance bills received[5] - The accounts receivable stood at RMB 501.27 million, slightly down from RMB 504.99 million, indicating a decrease of about 0.54%[9] - The company's inventory increased to RMB 84.14 million from RMB 79.98 million, representing a growth of approximately 5.43%[9]

Financial Performance - In 2021, the company achieved a total operating revenue of RMB 12,291,181,867.75, representing a year-on-year increase of 17.97% compared to RMB 10,419,184,227.03 in 2020[16]. - The net profit attributable to shareholders of the listed company for 2021 was RMB 2,404,291,736.03, a significant increase of 136.00% from RMB 1,018,782,945.89 in 2020[16]. - The net cash flow from operating activities reached RMB 3,176,340,113.87, up 57.46% from RMB 2,017,213,679.50 in the previous year[16]. - The company achieved total operating revenue of RMB 12.29 billion in 2021, a year-on-year increase of 17.97%, primarily due to rising freight rates[24]. - Net profit attributable to shareholders was RMB 2.40 billion, representing a 136% year-on-year growth, driven by increased freight rates and improved asset utilization[19]. - The net cash flow from operating activities was RMB 3.18 billion, up 57.46% year-on-year, attributed to expanded business scale and efficient capital management[19]. - The company's total assets reached RMB 173.22 billion, a 49.83% increase compared to the previous year, largely due to significant net profit growth and a private placement of shares[19]. - The weighted average return on equity increased to 35.86%, up 7.93 percentage points from the previous year[19]. - The company reported a significant increase in financing cash flow, totaling 2.02 billion RMB, a rise of 53.52% from the previous year[58]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion in 2021, representing a growth of 20% year-over-year[97]. Dividend and Capital Management - The company plans to distribute a cash dividend of RMB 15.00 per 10 shares, totaling approximately RMB 143,813,000, and to increase capital reserves by converting 4.8 shares for every 10 shares held[3]. - The company’s profit distribution policy remains consistent, emphasizing stable returns to investors[114]. - The company distributed a total cash dividend of RMB 600,000,000 for the year 2020, amounting to RMB 9.00 per 10 shares[114]. - The company plans to convene a shareholders' meeting to review the proposal for repurchasing all A-shares, with the repurchase price based on the issuance price and adjusted for market factors[138]. Operational Efficiency and Development - The company is focusing on high-quality development and cost reduction to seize industry growth opportunities amid rising operational costs[24]. - The company aims to achieve "intelligent, automated, paperless, and integrated" operations in its logistics projects, enhancing its competitive edge in the market[33]. - The company aims to leverage big data to provide safe, efficient, and green multi-modal logistics services, aligning with its mission to transform China's logistics methods[47]. - The company has established a comprehensive multimodal logistics system, integrating ports, shipping routes, and intermodal transport[55]. - The company aims to explore foreign trade business opportunities, leveraging RCEP to develop near-sea routes such as "Shanghai-Ningbo-Ho Chi Minh-Shanghai" and "Taicang-Vladivostok-Taicang" as pilot projects[75]. Market and Industry Trends - The domestic container logistics market's demand is expected to increase due to the adjustment of transportation structure, with a focus on multi-modal transport as a key logistics method for bulk commodities by 2025[27]. - The average industry freight rate index increased by 22% year-on-year in 2021, significantly supporting the company's performance growth[28]. - The domestic container transport market shows significant seasonal price fluctuations, with the fourth quarter typically being the peak season[44]. - The logistics industry is highly correlated with macroeconomic cycles, and any downturn could lead to decreased demand for transportation services[83]. Risk Management and Compliance - The company emphasizes the importance of risk awareness regarding forward-looking statements in its annual report[4]. - The company has established a comprehensive risk management system to enhance financial warning capabilities and strengthen fund usage supervision for subsidiaries[118]. - The company has strengthened internal governance and compliance management during the reporting period[94]. - The company has implemented measures to clarify responsibilities and improve risk management processes[94]. Governance and Management - The company has appointed independent directors to enhance governance and oversight[96]. - The company has a structured training and regulatory compliance program for its board members[94]. - The company has engaged in various strategic initiatives, including potential market expansions and new product developments[102]. - The company has maintained effective internal control over financial reporting, receiving a standard unqualified audit opinion for the year ending December 31, 2021[119]. Environmental and Social Responsibility - The company has conducted numerous public welfare activities, focusing on care for disadvantaged groups, education assistance, epidemic prevention, and ecological protection, significantly enhancing employee engagement in social responsibility[131]. - The company has committed to a 36-month lock-up period for major shareholders following the IPO, ensuring stability in shareholding during the initial phase[133]. - The company has launched a fleet expansion plan, introducing 18 new green vessels with advanced engines and emission reduction technologies, aiming to reduce carbon emissions significantly[127]. Shareholder Structure and Equity - The company’s shareholder structure includes 90% state-owned shares and 10% unrestricted circulating shares[161]. - The largest shareholder, Zhonggu Shipping Group Co., Ltd., holds 57.46% of the shares, totaling 550,896,129 shares[170]. - The company has not changed the total investment amount or the content of the project despite the delay[158]. - The company has not experienced any overdue payments to small and medium-sized enterprises during the reporting period[158].

Financial Performance - The company's operating revenue for Q3 2021 was RMB 3,100,434,146.07, representing a year-over-year increase of 13.65%[2] - The net profit attributable to shareholders for the same period was RMB 450,513,984.73, showing a significant increase of 83.17% compared to the previous year[2] - The net profit after deducting non-recurring gains and losses reached RMB 407,480,194.11, reflecting a growth of 105.38% year-over-year[2] - The basic earnings per share for Q3 2021 was RMB 0.52, an increase of 67.74% compared to the same period last year[3] - Total revenue for the first three quarters of 2021 reached ¥8,704,189,772.82, an increase of 21.5% compared to ¥7,167,436,152.26 in the same period of 2020[14] - Operating profit for Q3 2021 was ¥2,072,569,913.62, significantly up from ¥663,132,347.73 in Q3 2020, marking a growth of 213.5%[16] - Net profit attributable to shareholders of the parent company for Q3 2021 was ¥1,551,421,081.50, compared to ¥494,520,023.17 in Q3 2020, representing an increase of 213.5%[17] Assets and Liabilities - The total assets attributable to shareholders at the end of the reporting period were RMB 15,350,884,739.99, up 32.78% from the previous year[3] - The company's total assets as of September 30, 2021, amount to approximately RMB 15.35 billion, an increase from RMB 11.56 billion at the end of 2020, representing a growth of about 32%[12] - Current assets total RMB 9.17 billion, up from RMB 5.63 billion, indicating a growth of approximately 63% year-over-year[11] - The total liabilities amount to RMB 6.47 billion, with current liabilities at RMB 3.57 billion, showing an increase from RMB 3.17 billion in the previous year[12] - The total liabilities as of Q3 2021 amounted to ¥6,469,384,623.64, up from ¥6,358,629,710.67 in the previous quarter[13] - Total liabilities included accounts payable of CNY 1,752,571,683.29 and contract liabilities of CNY 220,193,916.13[22] Equity - The total equity attributable to shareholders increased by 71.15% year-over-year, reaching RMB 8,850,717,050.18[3] - The total equity attributable to shareholders of the parent company increased to ¥8,850,717,050.18 in Q3 2021 from ¥5,171,184,165.99 in Q3 2020, reflecting a growth of 71.5%[13] - The largest shareholder group, including Zhonggu Group and its affiliates, controls a total of 68.02% of the company's shares, indicating a strong consolidation of ownership[10] - The total number of common shareholders at the end of the reporting period is 11,989, with the largest shareholder, Zhonggu Logistics Group Co., Ltd., holding 57.46% of the shares[9] Cash Flow - The cash flow from operating activities for the year-to-date was RMB 1,627,089,086.87, an increase of 66.33% compared to the same period last year[3] - The company reported a net cash inflow from operating activities, indicating strong operational performance and liquidity position[18] - Net cash inflow from operating activities reached CNY 1,627,089,086.87, an increase of 65.5% compared to CNY 978,209,239.18 in the previous year[19] - Total cash inflow from investment activities amounted to CNY 21,834,972,068.53, up from CNY 17,068,642,485.34, reflecting a growth of 28.5%[19] - Cash outflow from investment activities was CNY 23,594,173,027.38, compared to CNY 17,877,778,901.43, resulting in a net cash flow of -CNY 1,759,200,958.85[19] - Cash inflow from financing activities totaled CNY 3,099,063,649.73, an increase from CNY 2,316,463,068.49, marking a growth of 33.7%[20] Research and Development - The company’s R&D expenses increased by 48.56% year-over-year, indicating a focus on innovation and development[8] - Research and development expenses for Q3 2021 were ¥15,676,298.22, compared to ¥10,552,083.66 in Q3 2020, indicating a year-over-year increase of 48.7%[16] Other Financial Metrics - The company recorded a profit from asset disposal of RMB 2,584,746.46, attributed to favorable outcomes from ship sales during the reporting period[8] - The company has a total of 384 million in long-term equity investments, slightly down from 385 million in the previous year[11] - The company’s non-current assets total approximately RMB 6.18 billion, an increase from RMB 5.93 billion, reflecting a growth of about 4%[12] - The company has reported a decrease in fixed assets from RMB 5.28 billion to RMB 3.56 billion, indicating a reduction of approximately 33%[12] - The company adopted new accounting standards for leases starting January 1, 2021, affecting asset and liability classifications[24]

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥5,603,755,626.75, representing a 26.23% increase compared to ¥4,439,292,109.73 in the same period last year[14]. - The net profit attributable to shareholders of the listed company was ¥1,100,907,096.77, a significant increase of 342.90% from ¥248,566,998.29 in the previous year[14]. - The net cash flow from operating activities was ¥871,174,159.15, up 90.71% from ¥456,796,299.89 in the same period last year[14]. - Basic earnings per share for the reporting period were ¥1.27, a 296.88% increase compared to ¥0.32 in the same period last year[15]. - The weighted average return on net assets increased by 11.15 percentage points to 19.58% from 8.43% in the previous year[15]. - The company reported a net profit attributable to shareholders of CNY 1.101 billion, representing a significant year-on-year growth of 342.90%[38]. - The company's throughput reached 12.29 million TEU, a year-on-year increase of 9.75%, while the transportation volume was 6.2 million TEU, up 9.43%[39]. - The average freight rate index in the industry increased by 16.05% compared to the same period in 2020, providing substantial support for the company's performance growth[42]. Assets and Liabilities - The total assets of the company at the end of the reporting period were ¥11,927,755,661.21, reflecting a 3.17% increase from ¥11,560,893,937.08 at the end of the previous year[14]. - The net assets attributable to shareholders of the listed company increased by 9.69% to ¥5,672,085,233.49 from ¥5,171,184,165.99 at the end of the previous year[14]. - The company's total liabilities decreased to CNY 6,224,374,369.14 from CNY 6,358,629,710.67, a reduction of approximately 2.1%[107]. - The non-current liabilities totaled CNY 2,798,052,223.84, down from CNY 3,190,493,404.25, indicating a decrease of about 12.3%[107]. - The company's equity attributable to shareholders increased to CNY 5,672,085,233.49 from CNY 5,171,184,165.99, representing a growth of approximately 9.7%[107]. Operational Capacity - The company's container shipping capacity reached approximately 2.4 million deadweight tons, with around 400,000 TEUs as of June 30, 2021[17]. - The company's self-owned capacity accounted for 59.38% of the total capacity, with a weighted average self-owned capacity of 1,452,483 deadweight tons in the first half of 2021[20]. - The weighted average external leased capacity was 993,532 deadweight tons, representing 40.62% of the total capacity[20]. - The company operates approximately 2.4 million deadweight tons of container ships and nearly 400,000 TEUs, aligning its fleet with current business needs[36]. Revenue Sources - Multi-modal transport service revenue constituted about 65% of the total revenue during the reporting period[19]. - The direct customer ratio increased from 28% in the first half of 2020 to 32% in the first half of 2021, stabilizing cargo volume and freight rates[43]. - The company achieved operating revenue of CNY 5.604 billion, a year-on-year increase of 26.23%, with water transport revenue at CNY 4.505 billion (up 34.26%) and land transport revenue at CNY 1.099 billion (up 1.38%)[38]. Investments and Expenditures - The company invested in two semi-automated container gantry cranes and implemented the TOS system, enhancing the logistics park's automation and efficiency[46]. - Research and development expenses increased by 67.70% to ¥10,432,679.90, reflecting the company's commitment to innovation despite previous pandemic impacts[46]. - The company signed orders for 18 container ships of 4,600 TEU each to enhance capacity reserves in response to industry demand[45]. Market and Industry Trends - The containerization rate in China's ports is approximately 20%, significantly lower than the 50%-80% rates seen in major ports in developed countries, indicating substantial growth potential[28]. - The domestic container logistics industry is positioned to benefit from the "dual circulation" development strategy, emphasizing domestic demand[29]. - The domestic container shipping market exhibits seasonal price fluctuations, with the fourth quarter typically being the peak season for freight rates[33]. Risk Management and Compliance - The company has not faced any significant risks that would affect the authenticity and completeness of the financial report[3]. - The company plans to strengthen risk awareness and adjust operational strategies in response to macroeconomic and policy changes[65]. - The company has committed to a 36-month lock-up period for major shareholders and executives following the IPO, ensuring stability in shareholding[71]. Shareholder and Governance - The company did not distribute dividends or increase capital reserves in the first half of 2021, with no shares or cash dividends declared[68]. - The company has maintained strict adherence to commitments made during the IPO process, ensuring transparency and accountability[71]. - The controlling shareholder, Zhonggu Shipping Group, promises not to interfere with the company's management activities or infringe upon its interests, ensuring that immediate return measures are effectively implemented[78]. Financial Reporting and Accounting Policies - The company adheres to the enterprise accounting standards, ensuring the financial statements reflect true and complete information[135]. - The company's accounting currency is Renminbi (CNY)[138]. - The company recognizes revenue for container logistics services upon completion of the shipping voyage for port services and upon delivery confirmation for door-to-door services[188].

Financial Performance - Net profit attributable to shareholders was CNY 230,879,372.95, representing a significant increase of 208.94% year-on-year[4]. - Operating revenue for the period was CNY 2,635,547,479.58, reflecting a growth of 26.36% compared to the same period last year[4]. - Basic earnings per share rose to CNY 0.35, up 191.67% from CNY 0.12 in the same period last year[4]. - The company reported a significant increase in construction in progress by 51.10% to ¥7,476,784.12 from ¥4,948,337.80, attributed to increased fixed asset investments[10]. - Operating profit for Q1 2021 was ¥309,136,698.95, compared to ¥99,960,460.78 in Q1 2020, indicating a significant increase of 209.5%[20]. - Net profit for Q1 2021 reached ¥231,554,661.33, up from ¥74,712,385.32 in Q1 2020, representing a growth of 209.5%[20]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 11,623,518,305.68, an increase of 0.54% compared to the end of the previous year[4]. - Current assets totaled ¥5,187,080,952.87, a decrease from ¥5,631,569,099.76, indicating a decline of about 7.88%[14]. - Non-current assets amounted to ¥6,436,437,352.81, up from ¥5,929,324,837.32, representing an increase of approximately 8.54%[14]. - Total liabilities decreased to ¥6,189,695,108.83 from ¥6,358,629,710.67, showing a reduction of about 2.66%[15]. - Total liabilities increased to ¥6,892,282,855.70 in Q1 2021 from ¥5,401,327,474.71 in Q1 2020, marking a rise of 27.5%[18]. - The company’s total liabilities included accounts payable of CNY 1,752,571,683.29 as of Q1 2021[30]. Cash Flow - The net cash flow from operating activities was CNY 203,453,612.51, a decrease of 36.75% compared to the previous year[4]. - Cash flow from operating activities for Q1 2021 was CNY 203,453,612.51, down from CNY 321,656,770.07 in Q1 2020[25]. - The net cash flow from operating activities for Q1 2021 was CNY 1,457,970,098.10, a significant increase from CNY 379,771,802.79 in Q1 2020, representing a growth of approximately 284%[27]. - The company reported a decrease in net cash flow from investing activities, with a net outflow of CNY 2,275,408,120.55 in Q1 2021[25]. - The cash inflow from financing activities in Q1 2021 was CNY 100,000,000.00, down from CNY 350,000,000.00 in Q1 2020[28]. Shareholder Information - The total number of shareholders at the end of the reporting period was 10,620[6]. - The largest shareholder, Zhongguo Shipping Group Co., Ltd., held 63.45% of the shares[7]. - Shareholders' equity rose to ¥5,433,823,196.85 from ¥5,202,264,226.41, marking an increase of approximately 4.46%[16]. - Total equity attributable to shareholders reached ¥5,171,184,165.99, remaining stable with no significant changes[31]. Research and Development - Research and development expenses surged by 90.52% to ¥5,506,301.27 from ¥2,890,119.21, reflecting increased investment in R&D[11]. - Research and development expenses in Q1 2021 amounted to ¥5,506,301.27, which is an increase of 90.5% from ¥2,890,119.21 in Q1 2020[19]. - Research and development expenses increased to CNY 5,289,504.96 in Q1 2021, up from CNY 3,106,252.64 in Q1 2020, indicating a focus on innovation[22]. Government Subsidies and Other Income - The company received government subsidies amounting to CNY 26,875,310.94, which are closely related to its normal business operations[5]. - Other income decreased by 49.54% to ¥26,875,310.94 from ¥53,265,884.38, primarily due to a reduction in government subsidies received during the reporting period[11]. Taxation - Income tax expenses increased by 206.03% to ¥77,083,238.84 from ¥25,187,881.22, driven by a rise in profits compared to the previous year[11]. - The company’s tax expenses for Q1 2021 were CNY 53,487,823.12, significantly higher than CNY 5,093,844.58 in Q1 2020, indicating improved profitability[22].

Financial Performance - In 2020, Zhonggu Logistics achieved a net profit attributable to shareholders of RMB 1,018,782,945.89, representing an increase of 18.80% compared to 2019[3]. - The company's total operating revenue for 2020 was RMB 10,419,184,227.03, reflecting a growth of 5.24% year-on-year[14]. - The net cash flow from operating activities reached RMB 2,017,213,679.50, which is a 16.21% increase from the previous year[14]. - By the end of 2020, the total assets amounted to RMB 11,560,893,937.08, a 39.08% increase compared to the end of 2019[14]. - The net assets attributable to shareholders increased by 74.94% year-on-year, reaching RMB 5,171,184,165.99[14]. - The basic earnings per share for 2020 were RMB 1.65, up 15.38% from RMB 1.43 in 2019[14]. - The company reported a net profit from regular operations of RMB 785,126,536.66, which is a 22.03% increase from the previous year[14]. - The weighted average return on equity for 2020 was 27.93%, a decrease of 5.56 percentage points from 2019[14]. - The weighted average return on equity after deducting non-recurring gains and losses decreased by 3.61 percentage points to 21.52%[15]. - The company reported a net profit attributable to shareholders of 524,262,922.72 RMB in Q4 2020, a significant increase from 245,953,024.88 RMB in Q3 2020[16]. - The company's total operating revenue for Q4 2020 was 3,251,748,074.77 RMB, up from 2,728,144,042.53 RMB in Q3 2020[16]. Operational Capacity and Logistics Services - The company’s container logistics services accounted for approximately 67% of total revenue in 2020[21]. - The weighted average self-owned capacity increased to 58.97% in 2020, up from 54.42% in 2019[22]. - The company’s total capacity as of December 31, 2020, was approximately 2,626,766 tons, reflecting a growth in operational capacity[22]. - The company transported 13.08 million TEU, a year-on-year growth of 13.44%[42]. - The total cargo transported was 22.202 million tons, which is a 24.83% increase year-on-year[42]. - The top ten cargo types accounted for 40.59% of the company's total volume in 2020, with significant growth in coal, corn, and timber[24][25]. Investment and Expansion - The company invested in the acquisition of a 49% stake in Dongguan Port International Container Terminal, enhancing its strategic position in the Guangdong-Hong Kong-Macao Greater Bay Area[48]. - The company established a wholly-owned subsidiary with a registered capital of 200 million RMB for the construction of a multi-modal transport logistics base in Qinzhou, Guangxi[48]. - The company signed orders for 16+2 units of 4,600 TEU container ships to strengthen its fleet capacity in response to market demand[50]. - The company made a total external equity investment of 791.69 million yuan in 2020, primarily targeting strategic resources in the container logistics sector[68]. - The establishment of Guangxi Luhai International Container Development Co., Ltd. with a registered capital of 200 million yuan aims to support the Belt and Road Initiative and improve logistics services in the Beibu Gulf region[69]. Research and Development - The company's research and development expenses increased by 49.84% year-on-year, indicating a focus on innovation and technology[52]. - The total R&D expenditure was ¥15,694,179.73, accounting for 0.15% of operating revenue[58]. - The number of R&D personnel was 63, representing 4.34% of the total workforce[58]. Market Trends and Industry Insights - The domestic container logistics industry is benefiting from the "dual circulation development pattern," emphasizing domestic demand as a key driver[34]. - The unit cost of water transport is significantly lower than that of road, rail, and air transport, providing a competitive advantage for long-distance, bulk goods transportation[30]. - The containerization rate in China is relatively low, with only about 20% of port throughput being containerized, indicating substantial growth potential[33]. - The comprehensive price index for domestic container transport has shown minimal fluctuation over the past five years, indicating stable pricing trends[38]. - The industry has experienced a recovery in demand post-COVID-19, with a rapid rebound in domestic production and raw material needs[27]. Shareholder Returns and Dividends - The company plans to distribute a cash dividend of RMB 9.00 per 10 shares, along with a capital reserve conversion of 3 shares for every 10 shares held[3]. - The company has implemented a cash dividend policy, ensuring that annual cash distributions will be no less than 10% of the distributable profit after covering losses and reserves[94]. - In 2020, the company distributed a cash dividend of 9.00 RMB per 10 shares, with a net profit attributable to ordinary shareholders of 1,018,782,945.89 RMB, representing 58.89% of the net profit[97]. - The company plans to maintain a cash dividend ratio of at least 80% for mature stages without significant capital expenditure, and 40% if there are major expenditures[96]. Governance and Compliance - The company maintains a governance structure that protects the legal rights of shareholders, particularly small and medium investors[124]. - The company has established a robust communication channel with investors, actively engaging in dialogue and responding to inquiries[124]. - The company adheres to strict corporate governance practices in compliance with relevant laws and regulations[155]. - The company has not faced any penalties from securities regulatory authorities in the past three years[151]. Financial Position and Liabilities - The total liabilities increased to RMB 6.359 billion in 2020 from RMB 5.340 billion in 2019, marking an increase of about 19.0%[130]. - The debt-to-asset ratio improved to 55.00% in 2020 from 64.24% in 2019, indicating a stronger financial position[130]. - Long-term borrowings rose by 55.25% to ¥1,351,403,030.20, reflecting new borrowings during the reporting period[65]. - The company’s total liabilities reached ¥6,358,629,710.67, compared to ¥5,340,094,586.60 in the previous year, indicating a growth of about 19.0%[175]. Employee and Talent Management - The company emphasizes the importance of professional talent acquisition and training, recognizing the increasing competition for skilled logistics professionals[90]. - The company has created over 200 job opportunities in 2020, actively recruiting from major universities across the country[121]. - The company has implemented a comprehensive training program, conducting over 20 employee activities to enhance team cohesion and professional skills[122]. Future Outlook - The company aims to achieve a net profit of 1.2 billion yuan for the year 2021, based on preliminary estimates by management[77]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 12%[143]. - The company plans to enhance its sustainability initiatives, targeting a 40% reduction in carbon emissions by 2025[143].

证券代码：603565 证券简称：中谷物流 公告编号：2021-003 上海中谷物流股份有限公司 关于投资者接待日活动举办情况的公告 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个别及连带责任。 上海中谷物流股份有限公司（以下简称"公司"）于 2021 年 1 月 11 日下午 举行了投资者接待日活动，针对公司的经营管理、发展战略等投资者关心的问题， 与广大投资者进行了现场交流和沟通，同时广泛听取了投资者的意见和建议。现 将本次活动的主要情况公告如下： 一、活动时间：2021 年 1 月 11 日下午 15:00-17:00 二、主要活动地点：上海市浦东新区东方路 3261 号 1 号楼 B 座 15 楼会议室 三、参会人员： 1、参会投资者（排名不分先后）：平安资管、富国基金、永赢基金、睿远基 金、中银基金、兴全基金、兴业基金、中庚基金、银河基金、申万菱信、浙商基 金、贝莱德、东方红、长江养老、汇丰晋信、华宝兴业、上海人寿、聚鸣投资、 从容投资、宽潭资本、固禾资产及部分个人投资者。 2、公司接待人员：公司董事长卢宗俊先生，总经理夏国 ...