Financial Performance - The company's operating revenue for the first half of 2015 was CNY 3,416,016,320.40, a decrease of 0.41% compared to the same period last year[19]. - The net profit attributable to shareholders of the listed company was CNY 91,105,750.33, representing an increase of 1.10% year-on-year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 57,273,899.96, a decrease of 13.82% compared to the previous year[19]. - The net cash flow from operating activities was CNY 215,225,688.62, a significant increase of 253.36% compared to the same period last year[19]. - The total assets at the end of the reporting period were CNY 5,279,552,124.40, an increase of 3.66% from the end of the previous year[19]. - The net assets attributable to shareholders of the listed company were CNY 2,605,780,800.04, reflecting a growth of 2.57% compared to the previous year[19]. - The basic earnings per share remained stable at CNY 0.17, unchanged from the previous year[19]. - The diluted earnings per share also remained at CNY 0.17, consistent with the previous year[19]. - The weighted average return on equity was 3.52%, a decrease of 0.34% compared to the previous year[19]. Cash Flow Analysis - Net cash flow from operating activities increased by 253.36%, primarily due to higher cash receipts from trade and port logistics[28]. - Net cash flow from investing activities improved by 68.54%, reflecting reduced capital expenditures compared to the previous year[28]. - Net cash flow from financing activities decreased by 69.25%, mainly due to increased cash outflows for debt repayment[28]. - The company reported a net increase in cash and cash equivalents of CNY 162,529,246.46, a significant improvement from the previous year's decrease[31]. Investment Activities - The company made external investments totaling CNY 34,980,632.56, a decrease of 83.40% compared to the previous year[35]. - The company reported a net profit of 25,800,152 from its subsidiary engaged in international shipping agency services[47]. - The total investment in the Gu Lei Port Interchange Road project is 46,742.38, with 8,101.15 invested during the reporting period[48]. - The cumulative actual investment in the Hai Cang 20 and 21 berth project is 68,089.14, representing 45.41% of the total planned investment[48]. Dividend Policy - The company plans not to distribute cash dividends or bonus shares for this reporting period[4]. - The company implemented a stable cash dividend policy, distributing RMB 0.50 per 10 shares to shareholders based on a total share capital of 531,000,000 shares as of December 31, 2014[50]. - The cash dividend plan was approved at the 2014 annual general meeting and was executed on June 5, 2015, with the record date set for June 4, 2015[50]. - No cash dividends or stock bonuses are planned for the semi-annual period[53]. - The company ensures that the dividend distribution policy complies with its articles of association and shareholder resolutions, with clear standards and procedures[52]. Corporate Governance - The company has maintained effective communication with investors, addressing inquiries about shareholder numbers and operational conditions throughout the reporting period[54][55][56]. - The company has provided opportunities for minority shareholders to express their opinions and protect their legal rights[52]. - The company has not made any adjustments to its cash dividend policy during the reporting period[52]. - The company continues to focus on maintaining a transparent and compliant approach to its financial practices[52]. - The company has maintained compliance with corporate governance standards as per relevant laws and regulations[59]. Related Party Transactions - The company engaged in related party transactions amounting to 34.65 million yuan for property leasing[67]. - The company engaged in related party transactions with a total value of 1,192.0 million for labor services, reflecting extensive operational collaboration[69]. - The company has established agreements for various services, including a 134.35 million contract for construction material sales, indicating diversification in revenue streams[69]. - The company has a 15% stake in Fujian Electronic Port Co., Ltd., which is involved in software procurement and maintenance, with a transaction value of 35.84 million CNY[72]. Financial Position - The total liabilities of the company were CNY 2,408,009,867.86, compared to CNY 2,274,874,500.90 at the beginning of the period, marking an increase of approximately 5.85%[117][118]. - The company's equity attributable to shareholders reached CNY 2,605,780,800.04, up from CNY 2,540,498,912.69, reflecting a growth of about 2.94%[118]. - The company's current assets totaled CNY 2,625,038,171.45, up from CNY 2,438,884,868.53, indicating an increase of about 7.66%[115][116]. - Cash and cash equivalents rose to CNY 869,354,751.45 from CNY 653,738,999.53, representing a growth of approximately 32.94%[115]. Risk Management - The company maintains a risk control policy for derivative investments, focusing on hedging rather than speculative trading[43]. - The company has no overdue principal or income from entrusted financial management[40]. - The company has not reported any significant changes in user data or market expansion strategies[63]. - The company has not disclosed any new product or technology developments during the reporting period[63]. Accounting Policies - The group’s financial statements are prepared based on the going concern principle and comply with the accounting standards issued by the Ministry of Finance[154]. - The company's accounting policies are tailored to its operational characteristics, particularly in revenue recognition[156]. - The company applies the equity method for accounting for joint ventures, recognizing investments based on net asset rights[169]. - The company recognizes investment income from cash dividends declared by invested entities, which is included in current profits and losses[188]. Shareholder Structure - The total number of ordinary shareholders at the end of the reporting period was 55,594[102]. - The largest shareholder, Xiamen International Port Development Co., Ltd., holds 55.13% of the shares, totaling 292,716,000 shares[102]. - The company has no limited sale condition shares, with all 531,000,000 shares being freely tradable[100]. - The shareholder structure remains stable, with no new significant shareholders entering the top ten list[103].

[Important Notice](index=1&type=section&id=%E7%AC%AC%E4%B8%80%E8%8A%82%20%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) This section contains standard disclaimers and assurances from the company's management regarding the report's accuracy and completeness [Important Notice](index=1&type=section&id=%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) This chapter provides a standard disclaimer, with the company's management assuring the truthfulness, accuracy, and completeness of the quarterly report - Company management guarantees the truthfulness, accuracy, and completeness of the report content, with no false records, misleading statements, or major omissions[2](index=2&type=chunk) - All directors attended the board meeting to review this quarterly report[3](index=3&type=chunk) - The company's principal officer, head of accounting, and head of the accounting department guarantee the truthfulness, accuracy, and completeness of the financial statements[3](index=3&type=chunk) [Key Financial Data and Shareholder Changes](index=2&type=section&id=%E7%AC%AC%E4%BA%8C%E8%8A%82%20%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%95%B0%E6%8D%AE%E5%8F%8A%E8%82%A1%E4%B8%9C%E5%8F%98%E5%8C%96) This section presents the company's key financial performance indicators and detailed shareholder information for the reporting period [Key Accounting Data and Financial Indicators](index=2&type=section&id=%E4%B8%80%E3%80%81%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) In Q1 2015, operating revenue slightly decreased by **1.30%** to **1.652 billion Yuan**, while net profit attributable to shareholders increased by **10.70%** to **39.73 million Yuan**, with net cash flow from operating activities significantly growing by **96.44%** Key Financial Indicators for Q1 2015 | Indicator | Current Period | Prior Year Same Period | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Operating Revenue (Yuan) | 1,652,352,110.83 | 1,674,120,938.55 | -1.30% | | Net Profit Attributable to Shareholders of the Listed Company (Yuan) | 39,733,295.49 | 35,891,934.85 | 10.70% | | Net Cash Flow from Operating Activities (Yuan) | 86,006,613.13 | 43,783,697.75 | 96.44% | | Basic Earnings Per Share (Yuan/Share) | 0.07 | 0.07 | 0.00% | | Weighted Average Return on Net Assets | 1.55% | 1.56% | -0.01% | Key Balance Sheet Indicators as of Q1 2015 End | Indicator | End of Current Period | End of Prior Year | Change | | :--- | :--- | :--- | :--- | | Total Assets (Yuan) | 5,015,262,340.89 | 5,093,187,501.04 | -1.53% | | Net Assets Attributable to Shareholders of the Listed Company (Yuan) | 2,580,630,112.44 | 2,540,498,912.69 | 1.58% | - During the reporting period, total non-recurring gains and losses amounted to **13.04 million Yuan**, primarily from net other non-operating income and expenses of **16.90 million Yuan**[7](index=7&type=chunk)[8](index=8&type=chunk) [Shareholder Information](index=3&type=section&id=%E4%BA%8C%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E8%82%A1%E4%B8%9C%E6%80%BB%E6%95%B0%E5%8F%8A%E5%89%8D%E5%8D%81%E5%90%8D%E8%82%A1%E4%B8%9C%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5%E8%A1%A8) As of the end of the reporting period, the company had **59,472** common shareholders, with controlling shareholder Xiamen International Port Co., Ltd. holding **55.13%** of shares, and other top ten shareholders being mostly domestic individuals unrelated to the controlling shareholder - The total number of common shareholders at the end of the reporting period was **59,472**[9](index=9&type=chunk) Top Three Shareholders' Shareholding | Shareholder Name | Shareholder Nature | Shareholding Percentage | Number of Shares Held | | :--- | :--- | :--- | :--- | | Xiamen International Port Co., Ltd. | State-owned Legal Entity | 55.13% | 292,716,000 | | Xue Tao | Domestic Individual | 0.36% | 1,934,310 | | Chen Chunsheng | Domestic Individual | 0.28% | 1,500,000 | - The controlling shareholder is Xiamen International Port Co., Ltd., with no related party or concerted action relationship with other top ten shareholders; some individual shareholders hold shares through margin trading and securities lending accounts[10](index=10&type=chunk) [Significant Matters](index=5&type=section&id=%E7%AC%AC%E4%B8%89%E8%8A%82%20%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) This section details significant changes in financial statement items, progress on major corporate initiatives, ongoing commitments, performance forecasts, derivative investment activities, and investor relations engagements [Analysis of Significant Changes in Financial Statement Items](index=5&type=section&id=%E4%B8%80%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%8A%A5%E8%A1%A8%E9%A1%B9%E7%9B%AE%E3%80%81%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87%E5%8F%91%E7%94%9F%E5%8F%98%E5%8A%A8%E7%9A%84%E6%83%85%E5%86%B5%E5%8F%8A%E5%8E%9F%E5%9B%A0) During the reporting period, significant changes occurred across financial statement items, including a substantial increase in other receivables due to relocation compensation, decreases in accounts payable and employee compensation, and notable growth in investment and non-operating income, while operating cash flow significantly improved by **96.44%** - Other receivables increased by **79.8%** at period-end compared to period-start, primarily due to increased receivable relocation compensation from Dongdu Branch[13](index=13&type=chunk) - Long-term equity investments increased by **32.61%** at period-end compared to period-start, mainly due to capital injection into Xiamen Port Logistics and new equity-accounted investees[14](index=14&type=chunk) - Investment income increased by **5.57 million Yuan** year-on-year, primarily from dividends received by subsidiaries from Xiamen Container Terminal Group Co., Ltd.; non-operating income increased by **84.33%** year-on-year, mainly due to relocation compensation from Dongdu Branch[18](index=18&type=chunk) - Net cash flow from operating activities increased by **96.44%** year-on-year, primarily due to increased cash received from sales of goods and services and decreased cash paid for goods purchased and services received[18](index=18&type=chunk) - Net cash flow from financing activities decreased by **132.17%** year-on-year, primarily due to increased repayment of borrowings during the reporting period[20](index=20&type=chunk) [Progress of Significant Matters](index=6&type=section&id=%E4%BA%8C%E3%80%81%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9%E8%BF%9B%E5%B1%95%E6%83%85%E5%86%B5%E5%8F%8A%E5%85%B6%E5%BD%B1%E5%93%8D%E5%92%8C%E8%A7%A3%E5%86%B3%E6%96%B9%E6%A1%88%E7%9A%84%E5%88%86%E6%9E%90%E8%AF%B4%E6%98%8E) The company continues to advance the land and asset acquisition for Dongdu Terminal berths 1-4, confirming non-relocatable asset ownership with the Xiamen Land Development Center while retaining gratuitous use for business transfer - The company is implementing the relocation and acquisition plan for land and assets related to Dongdu Terminal berths 1-4[21](index=21&type=chunk) - On December 31, 2014, the company and the Land Center confirmed that non-relocatable assets of Dongdu Terminal belong to the Land Center, but the company can continue gratuitous use to complete business transfer[21](index=21&type=chunk) [Commitments](index=6&type=section&id=%E4%B8%89%E3%80%81%E5%85%AC%E5%8F%B8%E6%88%96%E6%8C%81%E8%82%A1%205%25%E4%BB%A5%E4%B8%8A%E8%82%A1%E4%B8%9C%E5%9C%A8%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%8F%91%E7%94%9F%E6%88%96%E4%BB%A5%E5%89%8D%E6%9C%9F%E9%97%B4%E5%8F%91%E7%94%9F%E4%BD%86%E6%8C%81%E7%BB%AD%E5%88%B0%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E7%9A%84%E6%89%BF%E8%AF%BA%E4%BA%8B%E9%A1%B9) The company and its controlling shareholder are fulfilling multiple commitments, including long-term pledges to avoid horizontal competition and regulate related party transactions, alongside the company's cash dividend payout policy for 2015-2017 - Controlling shareholder Xiamen International Port Co., Ltd. has continuously fulfilled long-term commitments since 2004 to avoid horizontal competition, regulate related party transactions, and maintain 'five separations'[24](index=24&type=chunk) - The company has committed to a cash dividend payout policy for 2015 to 2017, which is currently being fulfilled[24](index=24&type=chunk) - The controlling shareholder and its parent company made supplementary commitments to avoid horizontal competition, to be completed by June 30, 2015, and June 30, 2016, respectively[24](index=24&type=chunk) [Performance Forecast and Other Investments](index=7&type=section&id=%E5%9B%9B%E3%80%81%E5%AF%B9%202015%20%E5%B9%B4%201-6%20%E6%9C%88%E7%BB%8F%E8%90%A5%E4%B8%9A%E7%BB%A9%E7%9A%84%E9%A2%84%E8%AE%A1) The company forecasts no significant change in cumulative net profit for January-June 2015 and confirms no securities investments or holdings in other listed companies during the reporting period - The company forecasts that cumulative net profit for January-June 2015 will not incur losses or undergo significant changes compared to the prior year's same period[25](index=25&type=chunk) - The company had no securities investments during the reporting period[25](index=25&type=chunk) - The company did not hold equity in other listed companies during the reporting period[26](index=26&type=chunk) [Derivative Investments](index=7&type=section&id=%E4%B8%83%E3%80%81%E8%A1%8D%E7%94%9F%E5%93%81%E6%8A%95%E8%B5%84%E6%83%85%E5%86%B5) During the reporting period, the company engaged in non-speculative white sugar futures hedging to mitigate operational risks, with an initial investment of **0.141 million Yuan**, ending at **0.2 million Yuan**, resulting in an actual loss of **0.0833 million Yuan**, deemed controllable by independent directors Derivative Investment Overview | Derivative Type | Initial Investment Amount (Million Yuan) | End-of-Period Investment Amount (Million Yuan) | Actual Gain/Loss for the Reporting Period (Million Yuan) | | :--- | :--- | :--- | :--- | | White Sugar Futures | 0.141 | 0.2 | -0.0833 | - The purpose of derivative investments is to conduct spot hedging, mitigate operational risks, and avoid speculative transactions[29](index=29&type=chunk) - The company has established risk analysis and control measures, including market and internal control risks, with independent directors deeming the risks controllable[29](index=29&type=chunk) [Investor Relations Activities](index=8&type=section&id=%E5%85%AB%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E6%8E%A5%E5%BE%85%E8%B0%83%E7%A0%94%E3%80%81%E6%B2%9F%E9%80%9A%E3%80%81%E9%87%87%E8%AE%BF%E7%AD%89%E6%B4%BB%E5%8A%A8%E7%99%BB%E8%AE%B0%E8%A1%A8) In Q1 2015, the company engaged with individual investors multiple times via written inquiries on the SZSE 'Interactive Easy' platform, addressing key topics such as shareholder numbers, operating performance, future development, and land acquisition progress - During the reporting period, the company frequently engaged with individual investors through written inquiries on the SZSE 'Interactive Easy' platform[30](index=30&type=chunk)[31](index=31&type=chunk)[32](index=32&type=chunk) - Key communication topics with investors included the number of shareholders, operating performance, future development, progress on land acquisition matters, and dividend policy[30](index=30&type=chunk)[31](index=31&type=chunk)[32](index=32&type=chunk)

[Section I. Important Notice, Table of Contents and Definitions](index=2&type=section&id=Section%20I.%20Important%20Notice%2C%20Table%20of%20Contents%20and%20Definitions) The company's board, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of this annual report - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of this annual report, free from false records, misleading statements, or major omissions[4](index=4&type=chunk) - The company's 2014 profit distribution plan is to distribute a cash dividend of **0.50 yuan (tax inclusive) per 10 shares** based on **531 million shares**, with no bonus shares or capital reserve conversion[5](index=5&type=chunk) [Section II. Company Profile](index=6&type=section&id=Section%20II.%20Company%20Profile) Provides essential information about the company, including its stock details, official name, legal representative, and changes in main business and controlling shareholder Company Basic Information | Item | Information | | :--- | :--- | | **Stock Abbreviation** | Xiamen Port | | **Stock Code** | 000905 | | **Listing Exchange** | Shenzhen Stock Exchange | | **Company Name** | Xiamen Port Development Co., Ltd. | | **Legal Representative** | Ke Dong | | **Change in Main Business** | In June 2004, main business changed from road and bridge toll services to integrated port services | | **Change in Controlling Shareholder** | From June 2004 to present, the controlling shareholder is Xiamen International Port Co., Ltd. | [Section III. Summary of Accounting Data and Financial Indicators](index=8&type=section&id=Section%20III.%20Summary%20of%20Accounting%20Data%20and%20Financial%20Indicators) Presents key financial performance and position indicators for 2014 and 2013, highlighting significant changes Major Financial Indicators | Major Financial Indicators | 2014 (yuan) | 2013 (yuan) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | **Operating Revenue** | 7,502,330,299.68 | 4,779,421,500.02 | 56.97% | | **Net Profit Attributable to Shareholders of Listed Company** | 286,657,679.95 | 329,305,035.46 | -12.95% | | **Net Profit Attributable to Shareholders of Listed Company (Excluding Non-recurring Gains/Losses)** | 94,460,327.74 | 136,781,945.59 | -30.94% | | **Net Cash Flow from Operating Activities** | 168,125,506.51 | 184,275,730.70 | -8.76% | | **Basic Earnings Per Share (yuan/share)** | 0.54 | 0.62 | -12.90% | | **Weighted Average Return on Net Assets** | 11.90% | 15.45% | -3.55% | | **Total Assets (yuan)** | 5,093,187,501.04 | 4,188,961,183.51 | 21.59% | | **Net Assets Attributable to Shareholders of Listed Company (yuan)** | 2,540,498,912.69 | 2,289,871,285.85 | 10.95% | - In 2014, the company's non-recurring gains and losses totaled **192 million yuan**, mainly from disposal gains/losses of non-current assets (**124 million yuan**) and government subsidies (**37 million yuan**); net profit attributable to shareholders, excluding non-recurring items, decreased by **30.94%** year-on-year[27](index=27&type=chunk) [Section IV. Board of Directors' Report](index=10&type=section&id=Section%20IV.%20Board%20of%20Directors%27%20Report) Details the company's operational performance, financial position, and future development plans for the reporting period [I. Annual Operating Overview](index=10&type=page&id=I.%20Annual%20Operating%20Overview) In 2014, the company achieved significant revenue growth despite a challenging economic environment, while net profit attributable to shareholders declined Key Performance Indicators | Indicator | 2014 Amount | Year-on-Year Change | | :--- | :--- | :--- | | **Operating Revenue** | 7.502 billion yuan | +56.97% | | **Net Profit Attributable to Shareholders of Listed Company** | 287 million yuan | -12.95% | [II. Analysis of Main Business](index=10&type=page&id=II.%20Analysis%20of%20Main%20Business) Revenue and costs significantly increased due to expanded trade business and tax policy changes, while investment income sharply declined - Operating revenue increased by **56.97%** year-on-year, and operating costs increased by **61.77%** year-on-year, primarily due to increased trade business revenue and the "Business Tax to VAT" reform[31](index=31&type=chunk)[32](index=32&type=chunk) - Investment income decreased significantly by **87.30%** year-on-year, mainly because the subsidiary Port Logistics received a large dividend distribution and recognized disposal gains from Haitian Container Company in the prior period[31](index=31&type=chunk) Cash Flow Items | Cash Flow Item | 2014 (yuan) | 2013 (yuan) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | **Cash Inflows from Operating Activities** | 8,262,433,155.65 | 5,372,504,602.25 | 53.79% | | **Cash Outflows from Operating Activities** | 8,094,307,649.14 | 5,188,228,871.55 | 56.01% | | **Cash Inflows from Investing Activities** | 593,487,535.68 | 210,554,176.15 | 181.87% | | **Cash Outflows from Investing Activities** | 1,097,291,916.13 | 653,546,750.98 | 67.90% | [III. Composition of Main Business](index=14&type=page&id=III.%20Composition%20of%20Main%20Business) The company's main business segments include port logistics, building materials sales, and trade, with varying revenue contributions and gross profit margins Business Segment Performance | By Industry | Operating Revenue (yuan) | Operating Cost (yuan) | Gross Profit Margin | Gross Profit Margin Year-on-Year Change | | :--- | :--- | :--- | :--- | :--- | | **Port Logistics** | 3,885,315,442.22 | 3,674,764,629.01 | 5.42% | -4.51% | | **Building Materials Sales** | 365,541,329.37 | 294,827,106.77 | 19.35% | -5.18% | | **Trade Business** | 3,204,371,629.08 | 3,143,626,755.38 | 1.90% | -0.53% | [IV. Asset and Liability Analysis](index=15&type=page&id=IV.%20Asset%20and%20Liability%20Analysis) Total assets grew by 21.59%, with a notable increase in construction in progress and long-term borrowings, indicating significant capital expenditures and financing activities - Construction in progress balance at year-end was **562 million yuan**, a significant increase from **250 million yuan** at the beginning of the period, with its proportion of total assets rising from **5.98%** to **11.04%**[46](index=46&type=chunk) - Long-term borrowings balance at year-end was **304 million yuan**, a significant increase from **122 million yuan** at the beginning of the period, with its proportion of total assets rising from **2.92%** to **5.96%**[48](index=48&type=chunk) [V. Core Competitiveness](index=15&type=page&id=V.%20Core%20Competitiveness%20Analysis) The company's core competitiveness lies in its comprehensive port-based logistics service supply chain, covering all aspects of cargo movement at Xiamen Port - The company is the only port-reliant enterprise in Xiamen Port with a complete and efficient integrated logistics service supply chain, covering shipping agency, stevedoring, customs brokerage, land transport, and warehousing[49](index=49&type=chunk) [VI. Investment Status Analysis](index=16&type=page&id=VI.%20Investment%20Status%20Analysis) In 2014, the company increased equity investments in port logistics, engaged in wealth management, and conducted sugar futures hedging, with significant non-fundraising investment projects underway - Equity investments during the reporting period totaled **541 million yuan**, a **30.19%** year-on-year increase, primarily in port logistics-related companies like Xiamen Hailong Terminal and Chaozhou Port Development[50](index=50&type=chunk) - The company used **72.2 million yuan** of its own funds to purchase principal-protected bank wealth management products and conducted white sugar futures hedging to avoid operational risks, emphasizing no speculative transactions[55](index=55&type=chunk)[57](index=57&type=chunk)[58](index=58&type=chunk) Major Non-Fundraising Projects | Non-Fundraising Major Project | Planned Total Investment (million yuan) | Investment in Current Period (million yuan) | Cumulative Investment as of End of Reporting Period (million yuan) | | :--- | :--- | :--- | :--- | | **Gulei Port Area Evacuation Road BT Project** | 42,337.38 | 14,005.23 | 36,874.68 | | **Haicang No. 20 & 21 Berth Project** | 149,929.00 | 36,178.32 | 50,511.39 | | **Chaozhou Port Expansion Cargo Terminal Project** | 46,631.79 | 3,829.15 | 3,845.35 | [IX. Outlook on Future Development](index=21&type=page&id=IX.%20Outlook%20on%20Future%20Development) The company aims to be a leading integrated logistics service provider in the West Coast Economic Zone, leveraging strategic opportunities while addressing challenges, with a focus on industrial upgrading and regional expansion in 2015 - Company development opportunities include the construction of the West Coast Economic Zone and Southeast Shipping Center, and the driving effect of Fujian Free Trade Zone policies[75](index=75&type=chunk) - The core of the 2015 operating plan is to focus on the construction of the Southeast International Shipping Center, leverage free trade zone policies, promote industrial transformation and upgrading, and expand the port hinterland[74](index=74&type=chunk) - Expected capital expenditure and asset acquisition funding needs for 2015 are **823 million yuan**, primarily for projects like Haicang berths and Chaozhou terminal construction and facility upgrades[85](index=85&type=chunk) [Section V. Significant Matters](index=29&type=section&id=Section%20V.%20Significant%20Matters) Covers major related party transactions, significant contracts, and the fulfillment of commitments during the reporting period [VII. Significant Related Party Transactions](index=30&type=page&id=VII.%20Significant%20Related%20Party%20Transactions) The company engaged in substantial daily operational related party transactions totaling 305 million yuan, primarily with entities under common control, which are deemed not to affect its independence - The total amount of related party transactions related to daily operations was approximately **305 million yuan**, with counterparties mostly being affiliated enterprises under the same parent or ultimate parent company[112](index=112&type=chunk)[117](index=117&type=chunk) - Related party transactions mainly include: providing labor services (e.g., transportation, tallying services) to related parties, receiving labor services (e.g., handling and loading/unloading, electrical services) from related parties, and inter-company asset leasing (e.g., sites, buildings)[112](index=112&type=chunk)[113](index=113&type=chunk)[114](index=114&type=chunk) [VIII. Significant Contracts and Their Performance](index=36&type=page&id=VIII.%20Significant%20Contracts%20and%20Their%20Performance) The company provided 1.043 billion yuan in guarantees for subsidiaries, with an actual balance of 360 million yuan, and is performing two major contracts: a 960 million yuan land acquisition agreement and a 523 million yuan BT project investment Guarantees for Subsidiaries | Guarantee Situation (for Subsidiaries) | Amount (million yuan) | | :--- | :--- | | **Total Approved Guarantee Limit at End of Reporting Period** | 104,300 | | **Total Actual Guarantee Balance at End of Reporting Period** | 36,029.55 | | **Actual Total Guarantee Amount as Percentage of Company's Net Assets** | 14.18% | - The company signed a land acquisition agreement with Xiamen Land Development Center, involving assets with a book value of **443 million yuan**, an appraised value of **926 million yuan**, and a transaction price of **960 million yuan**[131](index=131&type=chunk) [IX. Performance of Commitments](index=39&type=page&id=IX.%20Performance%20of%20Commitments) The company and its controlling shareholders are continuously fulfilling commitments made during asset restructuring, including those related to avoiding horizontal competition and regulating related party transactions - The controlling shareholder, Xiamen International Port Co., Ltd., continues to fulfill long-term commitments made during the 2004 asset restructuring, such as avoiding horizontal competition and regulating related party transactions[134](index=134&type=chunk) - The controlling shareholder and ultimate controlling shareholder made supplementary commitments regarding avoiding horizontal competition on June 24, 2014, which are currently being fulfilled[134](index=134&type=chunk) [Section VI. Share Changes and Shareholder Information](index=44&type=section&id=Section%20VI.%20Share%20Changes%20and%20Shareholder%20Information) Details the company's share capital structure, changes in shares, and information about its shareholders and actual controller [1. Share Changes](index=44&type=page&id=1.%20Share%20Changes) The company's total share capital remained unchanged at 531 million shares, all of which are unrestricted RMB ordinary shares Share Type and Quantity | Share Type | Quantity (shares) | Proportion | | :--- | :--- | :--- | | **I. Restricted Shares** | 0 | 0.00% | | **II. Unrestricted Shares** | 531,000,000 | 100.00% | | **III. Total Shares** | 531,000,000 | 100.00% | [III. Shareholders and Actual Controller Information](index=45&type=page&id=III.%20Shareholders%20and%20Actual%20Controller%20Information) As of the end of the reporting period, the company had 54,999 common shareholders, with Xiamen International Port Co., Ltd. as the controlling shareholder and Xiamen State-owned Assets Supervision and Administration Commission as the actual controller - Total number of common shareholders at the end of the reporting period was **54,999**[148](index=148&type=chunk) Top 5 Shareholders | Top 5 Shareholder Name | Shareholder Nature | Shareholding Percentage | Number of Shares Held (shares) | | :--- | :--- | :--- | :--- | | Xiamen International Port Co., Ltd. | State-owned Legal Person | 55.13% | 292,716,000 | | Zhejiang Huacheng Industrial Investment Group Co., Ltd. | Domestic Non-state-owned Legal Person | 0.64% | 3,382,200 | | Xue Tao | Domestic Natural Person | 0.36% | 1,934,310 | | Agricultural Bank of China - ICBC Credit Suisse High-End Manufacturing Industry Stock Fund | Domestic Non-state-owned Legal Person | 0.33% | 1,775,041 | | Industrial and Commercial Bank of China - Huashang Beautiful 30 Stock Fund | Domestic Non-state-owned Legal Person | 0.28% | 1,500,000 | - The company's controlling shareholder is Xiamen International Port Co., Ltd., and the actual controller is Xiamen State-owned Assets Supervision and Administration Commission[151](index=151&type=chunk)[152](index=152&type=chunk) [Section VII. Preferred Shares Information](index=50&type=section&id=Section%20VII.%20Preferred%20Shares%20Information) Confirms that the company had no preferred shares during the reporting period - The company had no preferred shares during the reporting period[157](index=157&type=chunk) [Section VIII. Directors, Supervisors, Senior Management, and Employees](index=51&type=section&id=Section%20VIII.%20Directors%2C%20Supervisors%2C%20Senior%20Management%2C%20and%20Employees) Provides details on the shareholdings and remuneration of directors, supervisors, and senior management, as well as overall employee structure [I. Changes in Holdings of Directors, Supervisors, and Senior Management](index=51&type=page&id=I.%20Changes%20in%20Holdings%20of%20Directors%2C%20Supervisors%2C%20and%20Senior%20Management) No changes in shareholdings were observed for any current or former directors, supervisors, or senior management during the reporting period, with all holding zero shares - During the reporting period, the shareholdings of all directors, supervisors, and senior management (including those who left office) remained unchanged, with zero shares held at period-end[159](index=159&type=chunk)[160](index=160&type=chunk) [III. Remuneration of Directors, Supervisors, and Senior Management](index=56&type=page&id=III.%20Remuneration%20of%20Directors%2C%20Supervisors%2C%20and%20Senior%20Management) Total remuneration for the company's directors, supervisors, and senior management was 4.7008 million yuan, determined by shareholder or board resolutions, with some executives also receiving compensation from shareholder entities - During the reporting period, the total remuneration received by the company's directors, supervisors, and senior management from the company was **4.7008 million yuan**[173](index=173&type=chunk)[175](index=175&type=chunk) [VI. Employee Information](index=58&type=page&id=VI.%20Employee%20Information) As of year-end 2014, the company and its main subsidiaries employed 3,731 staff, predominantly production personnel, with the majority holding college degrees Employee Professional Structure | Employee Professional Structure | Number of People | Proportion (%) | | :--- | :--- | :--- | | Production Personnel | 2775 | 74.38 | | Sales Personnel | 179 | 4.80 | | Technical Personnel | 298 | 7.99 | | Financial Personnel | 126 | 3.38 | | Administrative Personnel | 353 | 9.46 | | **Total** | **3731** | **100.00** | Employee Education Level | Education Level | Number of People | Proportion (%) | | :--- | :--- | :--- | | Bachelor's Degree and Above | 443 | 11.87 | | College Degree | 1716 | 45.99 | | Secondary Vocational/High School | 934 | 25.03 | | Below High School | 638 | 17.10 | | **Total** | **3731** | **100.00** | [Section IX. Corporate Governance](index=61&type=section&id=Section%20IX.%20Corporate%20Governance) Outlines the company's adherence to corporate governance standards, including its internal control framework and shareholder meeting procedures [I. Basic Status of Corporate Governance](index=61&type=page&id=I.%20Basic%20Status%20of%20Corporate%20Governance) The company operates in strict compliance with legal regulations, maintaining a sound corporate governance structure with clear responsibilities and effective internal information management - The actual corporate governance situation shows no discrepancies with the Company Law and relevant regulations of the China Securities Regulatory Commission[185](index=185&type=chunk) - During the reporting period, the company strictly implemented the insider information registration and management system, with no insider trading activities found[186](index=186&type=chunk) [II. Information on Annual and Extraordinary Shareholder Meetings Held During the Reporting Period](index=61&type=page&id=II.%20Information%20on%20Annual%20and%20Extraordinary%20Shareholder%20Meetings%20Held%20During%20the%20Reporting%20Period) The company held one annual general meeting and three extraordinary general meetings during the reporting period, all of which successfully passed their respective proposals - During the reporting period, a total of **1** annual general meeting and **3** extraordinary general meetings were held, and all proposals were approved[187](index=187&type=chunk)[189](index=189&type=chunk) [Section X. Internal Control](index=66&type=section&id=Section%20X.%20Internal%20Control) Presents the company's internal control evaluation and the independent auditor's opinion on its effectiveness [IV. Internal Control Evaluation and Audit](index=66&type=page&id=IV.%20Internal%20Control%20Evaluation%20Report) The board affirmed the effective implementation of internal controls with no major deficiencies, a conclusion supported by the independent auditor's unqualified opinion on financial reporting internal controls - The conclusion of the "2014 Annual Internal Control Evaluation Report" issued by the company's board of directors was: no major deficiencies in internal control were found during the reporting period[207](index=207&type=chunk) - Grant Thornton Certified Public Accountants issued a standard unqualified internal control audit report, consistent with the board's self-evaluation report[209](index=209&type=chunk)[210](index=210&type=chunk) [Section XI. Financial Report](index=68&type=section&id=Section%20XI.%20Financial%20Report) Contains the audited financial statements and detailed notes, providing a comprehensive view of the company's financial performance and position [I. Audit Report](index=68&type=page&id=I.%20Audit%20Report) Grant Thornton Certified Public Accountants issued an unqualified audit opinion on the company's 2014 financial statements, affirming their fair presentation in all material respects - The auditing firm is Grant Thornton Certified Public Accountants (Special General Partnership), which issued a standard unqualified audit opinion[213](index=213&type=chunk)[217](index=217&type=chunk) [II. Financial Statements](index=69&type=page&id=II.%20Financial%20Statements) This section includes the consolidated and parent company balance sheets, income statements, cash flow statements, and statements of changes in owners' equity for 2014, reflecting significant asset, liability, and equity growth - The consolidated balance sheet shows that as of the end of 2014, the company's total assets were **5.093 billion yuan**, total liabilities were **2.275 billion yuan**, and owners' equity attributable to the parent company was **2.540 billion yuan**[220](index=220&type=chunk)[222](index=222&type=chunk) - The consolidated income statement shows that in 2014, total operating revenue was **7.502 billion yuan**, total profit was **432 million yuan**, and net profit attributable to owners of the parent company was **287 million yuan**[227](index=227&type=chunk)[229](index=229&type=chunk) [VII. Notes to Consolidated Financial Statement Items](index=104&type=page&id=VII.%20Notes%20to%20Consolidated%20Financial%20Statement%20Items) This section provides detailed explanations of major consolidated financial statement items, including restricted cash, accounts receivable, significant increases in construction in progress and intangible assets, and changes in borrowings and revenue sources - The year-end cash balance was **654 million yuan**, of which **273 million yuan** was restricted funds, mainly for deposits and pledged loans[333](index=333&type=chunk)[567](index=567&type=chunk) - Construction in progress balance at year-end was **562 million yuan**, a significant increase from **250 million yuan** at the beginning of the period, with Haicang 20 and 21 berth projects contributing **362 million yuan** in current period investment[426](index=426&type=chunk)[429](index=429&type=chunk) - The company issued **300 million yuan** in short-term financing bonds (14 Xiamen Port CP001) with a term of **365 days** and a coupon rate of **5.26%**[494](index=494&type=chunk)[495](index=495&type=chunk) [Section XII. Reference Documents](index=189&type=section&id=Section%20XII.%20Reference%20Documents) Lists the documents available for reference, including signed financial statements, the original audit report, and all publicly disclosed documents from the reporting period - Reference documents include financial statements signed by the company's responsible persons, the original audit report, and the originals of all publicly disclosed documents and announcements during the reporting period[714](index=714&type=chunk)

厦门港务发展股份有限公司 2014 年第三季度报告正文 证券代码：000905 证券简称：厦门港务 公告编号：2014-46 厦门港务发展股份有限公司 2014 年第三季度报告正文 第一节 重要提示 √ 是 □ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年 度末增减 | | --- | --- | --- | --- | --- | | | | 调整前 | 调整后 | 调整后 | | 总资产（元） | 4,910,992,442.73 | 4,188,961,183.51 | 4,188,961,183.51 | 17.24% | | 归属于上市公司股东的净资产 （元） | 2,384,401,800.44 | 2,289,871,285.85 | 2,289,871,285.85 | 4.13% | | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比 | | | | 增减 | | 上年同期增减 | | 营业收入（元） | 1,936,841,585.77 | 24.19% | 5,366,831,626.30 | 71.22% | | 归属于上市公司股东的净 ...

厦门港务发展股份有限公司 2014 年半年度报告全文 厦门港务发展股份有限公司 2014 年半年度报告 2014 年 08 月 1 厦门港务发展股份有限公司 2014 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、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。 除下列董事外，其他董事亲自出席了审议本次半年报的董事会会议 | 未亲自出席董事姓名 | 未亲自出席董事职务 | 未亲自出席会议原因 | 被委托人姓名 | | --- | --- | --- | --- | | 王鸿鹏 | 独立董事 | 另有公务 | 傅元略 | 公司计划不派发现金红利，不送红股，不以公积金转增股本。 公司负责人柯东、主管会计工作负责人蔡立群及会计机构负责人(会计主管人员)陈震声 明：保证本半年度报告中财务报告的真实、准确、完整。 2 | 第一节 重要提示、目录和释义 | | 2 | | --- | --- | --- | | 第二节 公司简介 | | 5 | | 第三节 会计数据和财务指标摘要 | | 7 | | 第四节 董事会报告 ...

厦门港务发展股份有限公司 2014 年第一季度报告正文 证券代码：000905 证券简称：厦门港务 公告编号：2014-24 厦门港务发展股份有限公司 2014 年第一季度报告正文 第一节 重要提示 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、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人柯东、主管会计工作负责人蔡立群及会计机构负责人(会计主管人员)陈震声 明：保证季度报告中财务报表的真实、准确、完整。 1 厦门港务发展股份有限公司 2014 年第一季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 单位：元 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益（包括已计提资产减值准备的冲销部分） | -165,917.03 | | | 计入当期损益的政府补助（与企业业务密切相关，按照国家统 一标准定额或定量享受的政府补助除外） ...

厦门港务发展股份有限公司 2013 年度报告全文 公司经本次董事会审议通过的利润分配预案为：以 2013 年 12 月 31 日的公司总股本为基数，向全体 股东每 10 股派发现金红利 0.70 元（含税），送红股 0 股（含税），不以公积金转增股本。 公司负责人柯东、主管会计工作负责人蔡立群及会计机构负责人(会计主管人员)陈震声明：保证年度 报告中财务报告的真实、准确、完整。 厦门港务发展股份有限公司 2013 年度报告 2014 年 03 月 1 厦门港务发展股份有限公司 2013 年度报告全文 第一节 重要提示、目录和释义 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、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。 所有董事均已出席了审议本报告的董事会会议。 本年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺，请投资者注意投资风险。 2 | 2013 年度报告 1 | | --- | | 一、重要提示、目录和释义 2 | | 二、公司简介 6 | | 三、会计数据和财务指标摘要 8 | | 四、董事会报告 10 | | 五、重要事项 ...