Core Viewpoint - Shenzhen Yantian Port Co., Ltd. is positioned to benefit from the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Xiong'an New Area, with significant expectations for overall listing in the market [2]. Company Overview - Shenzhen Yantian Port's main business includes the development and operation of terminals, cargo handling and transportation, construction and operation of port-related transportation facilities, and warehousing and industrial facilities [2][6]. - The company is a key player in the port industry, which is closely linked to the national and regional economic trade development [2]. - The actual controller of the company is the State-owned Assets Supervision and Administration Commission of the Shenzhen Municipal People's Government [2]. Financial Performance - As of January to September 2025, Yantian Port achieved operating revenue of 616 million yuan, a year-on-year increase of 0.49%, and a net profit attributable to shareholders of 1.071 billion yuan, a year-on-year increase of 6.66% [7]. - The company has distributed a total of 7 billion yuan in dividends since its A-share listing, with 1.557 billion yuan distributed in the past three years [7]. Market Position - Yantian Port is one of the highest single-port container throughput terminals globally and is expected to benefit from the development of the Greater Bay Area [2]. - The company holds a 35% stake in Caofeidian Port Group Co., Ltd., which is anticipated to benefit from the development of the Xiong'an New Area [2]. Shareholder Information - As of September 30, 2025, the number of shareholders of Yantian Port was 71,800, an increase of 10.42% from the previous period [7]. - The average circulating shares per person decreased by 9.44% to 44,079 shares [7].

Core Viewpoint - Yantian Port, established in 1997, is a significant container hub in southern China, with a focus on port investment, development, and operations [1] Group 1: Business Performance - In Q3 2025, Yantian Port reported revenue of 616 million yuan, ranking 16th among 16 companies in the industry, significantly lower than the top performer, Shanghai Port, which had 29.949 billion yuan [2] - The main business composition includes port cargo handling and transportation at 231 million yuan (59.49%), highway tolls at 117 million yuan (30.11%), and warehousing and other services at 40.429 million yuan (10.41%) [2] - The net profit for the same period was 1.102 billion yuan, ranking 9th in the industry, with the top performer, Shanghai Port, at 12.398 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Yantian Port's debt-to-asset ratio was 18.42%, lower than the previous year's 33.99% and below the industry average of 34.25% [3] - The gross profit margin for the period was 29.81%, an increase from 24.93% year-on-year, but slightly below the industry average of 30.73% [3] Group 3: Executive Compensation - The chairman, Li Yutian, received a salary of 849,200 yuan in 2024, an increase of 758,100 yuan from 2023 [4] - The general manager, Li Anmin, earned 890,900 yuan in 2024, a slight increase of 12,500 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 10.42% to 71,800 [5] - The average number of circulating A-shares held per shareholder decreased by 9.44% to 44,100 [5] - Hong Kong Central Clearing Limited became the eighth largest circulating shareholder with 18.5172 million shares, marking a new entry [5]

Core Viewpoint - Yantian Port (000088.SZ) reported a solid performance in Q3 2025, with total revenue of 616 million yuan and net profit of 1.071 billion yuan, reflecting a year-on-year growth of 0.49% and 6.66% respectively, showcasing strong profitability resilience [1] Group 1: Financial Performance - In the first three quarters of 2025, the company achieved total revenue of 616 million yuan, a year-on-year increase of 0.49% [1] - The net profit attributable to the parent company reached 1.071 billion yuan, marking a year-on-year growth of 6.66% [1] - Q3 performance was particularly strong, with revenue of 228 million yuan, a year-on-year increase of 10.29%, and net profit of 418 million yuan, up 10.97% year-on-year, indicating a significant acceleration in growth [1] Group 2: Market and Operational Advantages - The company's performance is supported by the recovery of foreign trade and its core advantages, with China's total import and export value reaching 33.61 trillion yuan in the first three quarters, a year-on-year increase of 4% [2] - Yantian Port handles over 25% of China's exports to the U.S. and over one-third of Guangdong's foreign trade cargo, benefiting from its deep-water channel and wide navigation area [2] - In 2025, Yantian Port added 14 new international routes, bringing the total to over 100 weekly routes, enhancing its global connectivity [2] Group 3: Regional Collaboration and Growth - Yantian Port has strengthened collaboration with Hong Kong's Kwai Tsing Port, achieving a nearly 30% year-on-year increase in container throughput in 2024, continuing into 2025 [3] - The "Yantian-Kwai Tsing" collaboration allows for flexible service options for inland cargo owners, covering over 200 countries and regions globally [3] - The "Yuyun Port - Shenzhen Port" scheduled train service has seen a 1.6-fold increase in cargo volume year-on-year, contributing to the economic synergy between the Chengdu-Chongqing area and the Guangdong-Hong Kong-Macao Greater Bay Area [3] Group 4: Policy Support and Future Outlook - Continuous policy support, such as the "Shenzhen Yantian - Hong Kong Kwai Tsing" port cooperation outlined in the Guangdong Province transportation development plan, is expected to further enhance collaboration [4] - Yantian Port was recognized as the "Best Container Terminal in Asia" for handling over 4 million TEUs, reflecting its operational strength and collaborative value [4] - The port is well-positioned to leverage its deep-water hub advantages and dense route network to support high-quality development of China's foreign trade [4]

Core Points - The company guarantees the authenticity, accuracy, and completeness of the quarterly report, with no false records or misleading statements [2][24]. Financial Data Summary - Cash and cash equivalents decreased by 301.61 million yuan, a reduction of 49.56%, primarily due to the purchase of structured deposits [5]. - Accounts receivable increased by 4.07 million yuan, an increase of 53.90%, mainly due to business development [5]. - Prepayments increased by 57.54 million yuan, a significant increase of 3724.48%, attributed to increased advance contract payments [5]. - Other receivables decreased by 52.08 million yuan, a reduction of 90.93%, mainly due to the receipt of the final compensation from the land expropriation [5]. - Other current assets increased by 2.01 billion yuan, an increase of 189.47%, primarily due to the purchase of structured deposits [6]. - Right-of-use assets decreased by 3.65 million yuan, a reduction of 70.34%, mainly due to depreciation [7]. - Notes payable decreased by 30 million yuan, a complete reduction of 100%, due to the redemption of notes [8]. - Contract liabilities increased by 2.05 million yuan, an increase of 239.79%, mainly due to increased pre-received handling fees [9]. - Current non-current liabilities due within one year decreased by 211.07 million yuan, a reduction of 88.75%, primarily due to loan repayments [10]. - Long-term borrowings decreased by 1.48 billion yuan, a reduction of 34.26%, mainly due to loan repayments [11]. - Lease liabilities decreased by 1.92 million yuan, a complete reduction of 100%, due to the termination of office leases [12]. - Deferred income increased by 71.25 million yuan, an increase of 36.22%, mainly due to government subsidies received [13]. - Financial expenses increased by 28.09 million yuan, an increase of 49.64%, mainly due to reduced exchange gains and interest expenses [13]. - Credit impairment losses decreased by 1.10 million yuan, a reduction of 210.11%, mainly due to provisions for bad debts [13]. - Other comprehensive income decreased by 34.09 million yuan, a reduction of 77.80%, mainly due to changes in the comprehensive income of joint ventures [13]. - Net cash flow from investing activities decreased by 2.45 billion yuan, a reduction of 370.96%, primarily due to increased purchases of structured deposits [13]. - Net cash flow from financing activities decreased by 2.08 billion yuan, a reduction of 637.90%, mainly due to loan repayments [13]. Shareholder Information - The total number of ordinary shareholders and the situation of the top ten shareholders are not applicable [14].

Core Viewpoint - Yantian Port (000088.SZ) reported a slight increase in revenue and profit for the first three quarters of the year, indicating stable performance in a challenging market environment [1] Financial Performance - The company's operating revenue for the first three quarters reached 616 million yuan, representing a year-on-year growth of 0.49% [1] - The net profit attributable to shareholders of the listed company was 1.071 billion yuan, showing a year-on-year increase of 6.66% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was also 1.071 billion yuan, with a year-on-year growth of 6.83% [1]

Core Insights - Saltian Port reported a revenue of 227,594,917.37 yuan for Q3 2025, representing a year-on-year growth of 10.29% [2] - The net profit attributable to shareholders for the same period was 417,749,928.83 yuan, showing a year-on-year increase of 10.97% [2] Financial Performance - Revenue for Q3 2025: 227.59 million yuan, up 10.29% year-on-year [2] - Net profit for Q3 2025: 417.75 million yuan, up 10.97% year-on-year [2]

证券代码：000088 证券简称：盐田港 公告编号：2025-50 深圳市盐田港股份有限公司 第八届监事会临时会议决议公告 本公司及监事会全体成员保证公告内容的真实、准确和完整，对公 告的虚假记载、误导性陈述或者重大遗漏负连带责任。 一、监事会会议召开情况 1.深圳市盐田港股份有限公司（以下简称"公司"）第八届监事 会临时会议于 2025 年 10 月 29 日上午以通讯方式召开，本次会议于 2025 年 10 月 27 日以书面文件、电子邮件方式送达了会议通知及议 案文件。 2.会议应出席监事 3 名，实际出席监事 3 名。 3.会议由监事会主席凌平女士召集并主持。 4.会议的召集、召开和表决程序符合《中华人民共和国公司法》 和《公司章程》的规定。 二、监事会会议审议情况 根据《深圳证券交易所股票上市规则》的有关规定，现将会议审 议通过的有关事项公告如下： 特此公告。 深圳市盐田港股份有限公司监事会 2025 年 10 月 30 日 会议以 3 票同意，0 票反对，0 票弃权，审议通过了关于公司 2025 年第三季度报告的议案。 监事会认为：根据《中华人民共和国证券法》等有关法律法规的 规定，公司董事会编制 ...

证券代码：000088 证券简称：盐田港 公告编号：2025-49 深圳市盐田港股份有限公司 1.深圳市盐田港股份有限公司（以下简称"公司"）第九届董事 会临时会议于 2025 年 10 月 29 日上午以通讯方式召开，本次会议于 2025 年 10 月 24 日以书面文件、电子邮件方式送达了会议通知及文 件。 2.会议应出席董事 9 名，实际出席董事 9 名。 3.会议由公司董事长李雨田女士召集并主持，监事、高级管理人 列席本次会议。 第九届董事会临时会议决议公告 4.会议的召集、召开和表决程序符合《公司法》和公司章程的规 定。 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 二、董事会会议审议情况 根据《深圳证券交易所股票上市规则》的有关规定，现将会议审 议通过的有关事项公告如下： 会议以 9 票同意，0 票反对，0 票弃权通过了《2025 年第三季度 报告》。 具体内容详见同日披露于巨潮资讯网（www.cninfo.com.cn）的 一、董事会会议召开情况 2.公司审计委员会会议纪要； 3.深交所要求的其他文件。 特此公告。 深圳市盐田港股份有限公司董事 ...

Financial Performance - The company's operating revenue for Q3 2025 was CNY 227,594,917.37, representing a year-on-year increase of 10.29%[5] - The net profit attributable to shareholders for the same period was CNY 417,749,928.83, up 10.97% year-on-year[5] - The net profit after deducting non-recurring gains and losses was CNY 417,420,705.47, reflecting an increase of 11.28% compared to the previous year[5] - Total operating revenue for the current period reached ¥616,142,692.70, a slight increase from ¥613,151,263.35 in the previous period[25] - Net profit for the current period was ¥1,102,019,539.68, compared to ¥1,030,680,817.99 in the previous period, reflecting a growth of approximately 6.9%[26] Assets and Liabilities - The total assets at the end of the reporting period were CNY 24,135,717,391.73, a decrease of 5.84% from the end of the previous year[5] - The company's total assets decreased from CNY 25,633,247,680.54 to CNY 24,135,717,391.73, reflecting a decline of approximately 5.8%[19] - Current assets decreased from CNY 7,305,848,058.75 to CNY 6,347,857,914.13, a reduction of about 13.1%[20] - Long-term equity investments decreased from CNY 7,530,180,805.11 to CNY 6,909,334,020.65, indicating a decline of approximately 8.3%[21] - The total liabilities increased to ¥6,239,719,214.06 from ¥4,444,974,326.41, indicating a significant rise in financial obligations[22] - The total current liabilities decreased from CNY 1,285,173,792.98 to CNY 897,251,482.54, a reduction of about 30.1%[21] - The company's total liabilities decreased from CNY 1,285,173,792.98 to CNY 897,251,482.54, a decrease of approximately 30.1%[21] Cash Flow - Cash flow from operating activities showed a net amount of CNY 246,756,422.28, down 25.67% year-to-date[5] - The net cash flow from operating activities was $246,756,422.28, a decrease from $331,993,773.06 in the previous period, reflecting a decline of approximately 26%[29] - Cash inflow from operating activities totaled ¥783,762,314.37, a decrease from ¥1,015,999,616.68 in the previous period[28] - The net cash flow from investment activities was -$1,791,730,209.86, compared to a positive $661,245,622.64 in the previous period, indicating a substantial decline[29] - Cash inflow from financing activities totaled $285,681,755.39, down from $603,560,528.23, representing a decrease of approximately 53%[29] Investments and Equity - The company's cash and cash equivalents decreased by CNY 3,016,110,474.34, a reduction of 49.56% year-on-year, primarily due to the purchase of structured deposits[11] - Investment income increased to ¥1,032,512,993.48 from ¥971,869,189.73, indicating improved returns on investments[25] - The total equity attributable to shareholders increased to CNY 18,137,007,285.14, a growth of 1.51% compared to the previous year[5] - Total equity attributable to shareholders rose to ¥18,137,007,285.14 from ¥17,867,691,726.47, showing a growth in shareholder value[22] Other Financial Metrics - Earnings per share (EPS) for the current period was ¥0.21, down from ¥0.23 in the previous period[27] - The company reported a significant increase in contract liabilities, which rose by CNY 2,054,938.24, or 239.79% year-on-year, due to increased pre-collection of handling fees[12] - The company experienced a 370.96% decrease in net cash flow from investing activities, amounting to CNY -1,791,730,209.86, primarily due to increased purchases of structured deposits[11] - The company did not undergo an audit for the third quarter financial report[30] - The company will implement new accounting standards starting from 2025[30]

Core Insights - Saltian Port's stock price increased by 0.44% on October 27, with a trading volume of 194 million yuan [1] - The company experienced a net financing outflow of 754.76 million yuan on the same day, with total financing and securities balance reaching 296 million yuan [1] - The company reported a revenue of 389 million yuan for the first half of 2025, a year-on-year decrease of 4.49%, while net profit attributable to shareholders increased by 4.07% to 653 million yuan [2] Financing and Trading Activity - On October 27, Saltian Port had a financing buy-in of 23.74 million yuan and a financing repayment of 31.29 million yuan, resulting in a net financing outflow [1] - The current financing balance of 295 million yuan accounts for 2.04% of the circulating market value, which is above the 90th percentile of the past year [1] - The short selling activity on the same day included a repayment of 11,800 shares and a sale of 22,200 shares, with a total selling amount of 101,700 yuan [1] Company Overview - Saltian Port, established on July 21, 1997, is located in Shenzhen, Guangdong Province, and primarily engages in port investment, development, and operations [1] - The company's revenue composition includes 59.49% from port cargo handling, 30.11% from highway tolls, and 10.41% from warehousing and other services [1] - As of June 30, 2025, the number of shareholders increased by 14.09% to 65,000, with an average of 48,673 circulating shares per person, up by 23.26% [2] Dividend and Shareholder Information - Since its A-share listing, Saltian Port has distributed a total of 7 billion yuan in dividends, with 1.56 billion yuan distributed over the past three years [3] - As of June 30, 2025, Hong Kong Central Clearing Limited exited the top ten circulating shareholders list [3]