Financial Performance - The company reported a profit distribution plan of 0.54 CNY per 10 shares (including tax) based on 483,966,800 shares[8]. - The company's operating revenue for 2021 was CNY 796,728,451.33, representing a 5.57% increase compared to CNY 754,712,257.99 in 2020[22]. - The net profit attributable to shareholders for 2021 was CNY 145,883,247.83, which is a 13.24% increase from CNY 128,825,498.25 in 2020[22]. - The net cash flow from operating activities decreased by 3.44% to CNY 335,103,159.73 in 2021 from CNY 347,035,394.05 in 2020[22]. - The basic earnings per share for 2021 was CNY 0.3014, up 13.22% from CNY 0.2662 in 2020[22]. - Total assets at the end of 2021 were CNY 4,740,583,053.21, a 2.90% increase from CNY 4,606,835,923.57 at the end of 2020[22]. - The net assets attributable to shareholders increased by 4.45% to CNY 2,911,533,475.62 at the end of 2021 from CNY 2,787,428,733.79 at the end of 2020[22]. - The company reported a total of CNY 8,281,994.96 in non-recurring gains and losses for 2021, compared to CNY 4,575,712.93 in 2020[26]. - The first quarter of 2021 saw operating revenue of CNY 179,342,870.95, while the fourth quarter reported CNY 195,516,722.00[26]. - In 2021, the company achieved a total operating revenue of CNY 796.73 million, an increase of 5.57% compared to the previous year[34]. - The net profit attributable to shareholders was CNY 145.88 million, reflecting a growth of 13.24% year-on-year[34]. Operational Highlights - The company completed a total cargo throughput of 155.5 million tons in 2021, with a year-on-year growth of 6.8%[30]. - The container throughput reached 2.8 million TEU, marking a 7% increase from the previous year[30]. - The company’s oil products liquefaction segment handled 14.41 million tons, up by 2.70% year-on-year[31]. - The container segment processed 2.83 million TEU, which is a 0.84% increase compared to the previous year[31]. - The gross profit margin for the transportation service industry was 48.05%, an increase of 0.97 percentage points year-on-year[39]. - The company’s main business revenue accounted for 95.11% of total revenue, with a year-on-year increase of 5.24%[39]. Market Environment - The company operates in a macroeconomic environment sensitive to global economic and trade fluctuations, which could impact performance[5]. - The company faces increasing competition from alternative transportation methods due to the comprehensive transport system in Nanjing[6]. - The company is affected by intensified competition in the Yangtze River Delta region, leading to a decline in foreign trade container throughput[7]. - The petrochemical industry is experiencing structural overcapacity, necessitating transformation and upgrades among companies[7]. - The company is experiencing a shift in the port economy towards integration with urban economies and development of port industrial clusters[28]. Governance and Management - The company’s financial report has been audited by Tianheng Accounting Firm, which issued an unqualified opinion with emphasis on certain matters[5]. - The company’s actual controller changed to Jiangsu Provincial State-owned Assets Supervision and Administration Commission following a series of equity transfers[20]. - The company has established a transparent performance evaluation and incentive mechanism linked to operational performance for its executives[77]. - The company has established a complete and independent corporate governance structure, including a shareholders' meeting, board of directors, and supervisory board, all functioning independently[80]. - The company has an independent financial accounting department and decision-making process, with no interference from controlling shareholders regarding fund usage[80]. - The company has conducted two shareholder meetings in 2021, with a participation rate of 67.70%, discussing key resolutions including the use of raised funds and management reports[84]. - The company reported a significant management change, with several executives, including the Chief Financial Officer, being replaced due to work adjustments[89]. - The company appointed new executives, including Liu Jinguang as Vice General Manager and Gan Yaping as Chief Financial Officer, to enhance operational efficiency[89]. Environmental and Social Responsibility - The company emphasizes the importance of safety and environmental management due to stringent regulations in handling hazardous materials[5]. - The company has passed the ISO 14001 environmental management system audit in June 2021, indicating a commitment to improving environmental management practices[137]. - The company has committed CNY 1.5 million annually to provide pollution reception and transfer services for vessels at the Yizheng anchorage, enhancing its capacity for environmental protection[139]. - The company has implemented an online monitoring system for all environmental facilities, facilitating self-monitoring and public oversight[139]. - The company actively fulfilled its social responsibility by establishing a comprehensive corporate governance structure and adhering to legal disclosure obligations[140]. - The company supported public welfare initiatives, organizing donation activities to care for vulnerable groups, promoting mutual development with society[140]. Future Outlook and Strategic Initiatives - Future outlook includes plans to expand port capacity by 20% over the next three years[62]. - The company is investing 4,179 million in upgrading safety systems, which is expected to enhance operational efficiency by 22.78%[62]. - Nanjing Port aims to improve its service offerings by launching new logistics solutions, projected to increase customer satisfaction by 25%[63]. - The company plans to pursue strategic acquisitions to enhance its market position, targeting a 15% increase in market share by 2023[63]. - The company is committed to sustainability initiatives, with a goal to reduce carbon emissions by 30% by 2025[63]. - The company plans to enhance resource integration and improve operational efficiency through the integration of quality petrochemical terminal assets[71]. - The company is exploring potential acquisitions of smaller regional ports to strengthen its market position and diversify its service offerings[97]. - The company is committed to transparency in its financial disclosures, as evidenced by its detailed annual report[198].

Financial Performance - The company's operating revenue for Q1 2022 was ¥197,242,997.68, an increase of 9.98% compared to the same period last year[4] - Net profit attributable to shareholders for Q1 2022 was ¥36,882,959.51, representing a growth of 21.50% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥34,883,482.42, up by 20.46% from the previous year[4] - Basic earnings per share for Q1 2022 were ¥0.0762, reflecting a 21.53% increase compared to the same period last year[4] - Net profit for Q1 2022 reached CNY 44,580,577.25, representing a 21.4% increase from CNY 36,710,730.79 in Q1 2021[20] - The net profit attributable to the parent company for Q1 2022 was CNY 36,882,959.51, an increase of 21.0% compared to CNY 30,357,392.07 in the same period last year[21] - The total comprehensive income for the parent company in Q1 2022 was CNY 36,882,959.51, up from CNY 30,357,392.07, reflecting a growth of 21.0%[21] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.0762, compared to CNY 0.0627 in the previous year, indicating a 20.8% increase[21] Cash Flow - The net cash flow from operating activities decreased by 57.85% to ¥18,906,720.58, primarily due to a significant increase in cash paid for goods and services[4] - Cash inflow from operating activities for Q1 2022 was CNY 182,077,983.64, slightly down from CNY 187,943,267.48 in the previous year[23] - The net cash flow from operating activities decreased to CNY 18,906,720.58 from CNY 44,859,375.84 year-on-year[23] - Cash outflow from investing activities totaled CNY 122,781,457.48, compared to CNY 81,864,642.58 in the previous year, representing a significant increase of 50.0%[24] - The net cash flow from investing activities was negative at CNY -116,228,932.48, worsening from CNY -79,479,830.84 in the previous year[24] - Cash inflow from financing activities was CNY 228,750,000.00, a substantial increase from CNY 90,000,000.00 in the previous year[24] - The net cash flow from financing activities was negative at CNY -118,103,315.70, an improvement from CNY -138,998,305.92 in the previous year[24] - The ending cash and cash equivalents balance for Q1 2022 was CNY 331,377,451.84, up from CNY 297,144,684.21 in the previous year[24] Assets and Liabilities - Total assets at the end of Q1 2022 were ¥4,649,082,816.83, a decrease of 1.93% from the end of the previous year[4] - Current assets totaled CNY 600,283,984.44 at the end of Q1 2022, up from CNY 497,532,218.45 at the beginning of the year, indicating a growth of 20.6%[15] - Non-current assets decreased to CNY 4,048,798,832.39 from CNY 4,243,050,834.76, a decline of 4.6%[16] - Total liabilities decreased to CNY 1,065,276,592.76 from CNY 1,199,831,172.50, a reduction of 11.2%[17] - The company's cash and cash equivalents were CNY 331,377,451.84 at the end of Q1 2022, down from CNY 356,967,410.27 at the beginning of the year, a decrease of 7.2%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,645[9] - The largest shareholder, Nanjing Port (Group) Co., Ltd., holds 57.41% of the shares[9] - Shareholders' equity attributable to shareholders at the end of Q1 2022 was ¥2,949,690,201.24, an increase of 1.31% from the end of the previous year[4] - The company’s total equity increased to CNY 3,583,806,224.07 from CNY 3,540,751,880.71, reflecting a growth of 1.2%[17] Government Subsidies and R&D - The company received government subsidies amounting to ¥3,132,712.18, which are closely related to its normal business operations[6] - Research and development expenses for Q1 2022 were CNY 2,667,230.82, indicating ongoing investment in innovation[20]

Financial Performance - The company's operating revenue for Q3 2021 was ¥209,921,581.49, representing a 10.42% increase year-over-year[4] - The net profit attributable to shareholders for Q3 2021 was ¥49,249,624.21, a significant increase of 47.00% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥48,027,336.62, up 46.44% year-over-year[4] - The basic and diluted earnings per share for Q3 2021 were both ¥0.1018, reflecting a 47.11% increase from the previous year[5] - The total revenue for the first three quarters of 2021 reached ¥601,211,729.33, marking a 10.72% increase compared to the same period last year[9] - The net profit attributable to shareholders for the first three quarters of 2021 was ¥117,631,676.33, which is a 22.67% increase year-over-year[9] - Total operating revenue for Q3 2021 was CNY 601,211,729.33, an increase of 10.6% compared to CNY 542,995,839.21 in the same period last year[21] - Net profit for Q3 2021 reached CNY 143,186,391.00, representing a 22.3% increase from CNY 117,047,169.46 in Q3 2020[22] - Earnings per share (EPS) for Q3 2021 was CNY 0.2431, compared to CNY 0.1981 in the previous year, reflecting a growth of 22.7%[23] - The total profit for Q3 2021 was CNY 186,480,836.92, an increase of 22.9% from CNY 151,794,517.56 in Q3 2020[22] Assets and Liabilities - Total assets at the end of Q3 2021 amounted to ¥4,711,560,883.72, an increase of 2.27% from the end of the previous year[5] - The equity attributable to shareholders at the end of Q3 2021 was ¥2,886,828,180.42, which is a 3.57% increase compared to the end of the previous year[5] - As of September 30, 2021, the total assets of Nanjing Port Co., Ltd. amounted to CNY 4,711,560,883.72, an increase from CNY 4,606,835,923.57 at the end of 2020, representing a growth of approximately 2.27%[16] - The total current assets increased to CNY 686,791,804.97 from CNY 620,577,814.28, reflecting a rise of about 10.65%[18] - The total liabilities stood at CNY 1,198,805,643.01, slightly up from CNY 1,190,855,154.27, indicating a marginal increase of about 0.08%[19] - The company's equity attributable to shareholders increased to CNY 2,886,828,180.42 from CNY 2,787,428,733.79, marking a growth of approximately 3.57%[19] - The non-current liabilities decreased to CNY 523,088,895.28 from CNY 729,466,759.22, a reduction of approximately 28.29%[19] Cash Flow - The net cash flow from operating activities for the first three quarters of 2021 was ¥240,456,664.53, a decrease of 5.72% year-over-year[10] - Cash flow from operating activities for Q3 2021 was CNY 240,456,664.53, a decrease from CNY 255,057,072.12 in Q3 2020[26] - Cash flow from investing activities showed a net outflow of CNY 69,300,768.38 in Q3 2021, improving from a net outflow of CNY 162,324,588.93 in the same period last year[26] - Cash flow from financing activities resulted in a net outflow of CNY 204,014,841.67 in Q3 2021, compared to a net outflow of CNY 229,637,146.73 in Q3 2020[26] Shareholder Information - The company reported a total of 24,078 common shareholders at the end of the reporting period[12] Inventory and Receivables - The company reported a significant increase in other receivables, which rose to CNY 43,740,346.19 from CNY 9,467,859.11, a substantial increase of about 362.73%[17] - The company's inventory increased slightly to CNY 5,137,581.33 from CNY 4,937,170.31, representing an increase of about 4.05%[18] Legal Matters - The company is currently involved in two ongoing lawsuits related to contract disputes with a total claimed amount of CNY 114,680,450.00[14][15] Management and Expenses - The company reported a decrease in management expenses to CNY 113,335,511.82 from CNY 102,826,866.96 in the previous year, indicating a rise of 10.3%[21] Leasing Standards - The company adopted the new leasing standards starting January 1, 2021, without adjusting the beginning balance sheet items for the year[27] - The impact of the new leasing standards resulted in a recognition of right-of-use assets and lease liabilities amounting to ¥133,237,091.88 on January 1, 2021[27] Audit Status - The third quarter report for 2021 was not audited[28]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 391,290,147.84, representing a 10.88% increase compared to CNY 352,880,276.80 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2021 was CNY 68,382,052.12, up 9.60% from CNY 62,390,388.13 in the previous year[21]. - The net cash flow from operating activities was CNY 155,874,089.01, showing a slight increase of 0.53% compared to CNY 155,055,678.69 in the same period last year[21]. - The total assets at the end of the reporting period were CNY 4,683,274,456.97, an increase of 1.66% from CNY 4,606,835,923.57 at the end of the previous year[21]. - The net assets attributable to shareholders at the end of the reporting period were CNY 2,837,738,820.44, reflecting a 1.80% increase from CNY 2,787,428,733.79 at the end of the previous year[21]. - The basic earnings per share for the first half of 2021 was CNY 0.1413, a 9.62% increase from CNY 0.1289 in the same period last year[21]. - The company reported a total of CNY 3,127,052.77 in non-recurring gains and losses for the reporting period[26]. - The overall financial performance indicates a stable growth trajectory with strategic investments in key projects[46]. Revenue and Costs - The operating cost increased by 16.00% to CNY 200,728,937.59 from CNY 173,042,195.02, resulting in a gross margin of 48.70%, down from the previous year's margin[35]. - The storage revenue increased by 17.40% to CNY 78,708,780.36, up from CNY 67,041,635.23, indicating strong growth in this segment[34]. - Total operating costs for the first half of 2021 were CNY 293,502,324.73, up from CNY 271,829,726.57 in the first half of 2020, reflecting a growth of 7.5%[129]. Cash Flow and Investments - The company’s cash and cash equivalents decreased by 7.06% to CNY 435,399,818.20 from CNY 471,763,434.92 at the end of the previous year[38]. - The company reported a significant reduction in financial expenses by 29.02%, decreasing from CNY 23,843,581.19 to CNY 16,924,892.77[32]. - Cash inflows from operating activities totaled CNY 409,411,766.01 in the first half of 2021, an increase of 9.8% from CNY 372,651,787.44 in the same period of 2020[138]. - Cash outflows from investing activities amounted to CNY 109,867,858.48, significantly reduced from CNY 337,744,588.30 in the first half of 2020, indicating a decrease of approximately 67.5%[140]. Strategic Positioning and Operations - The company continues to provide services related to the handling and storage of crude oil, refined oil, liquid chemical products, and general cargo[29]. - The company has a total of nearly 200 shipping routes per week, enhancing its operational capacity and market reach[30]. - The company is strategically positioned in the Yangtze River Delta, benefiting from a robust economic hinterland and a dense network of shipping routes[30]. - The company continues to focus on expanding its operational capabilities and enhancing service offerings in the logistics sector[81]. Risk Management and Compliance - The company emphasizes the importance of risk management and has outlined potential risks and corresponding measures in the report[5]. - The company is under increasing compliance pressure due to stricter environmental regulations and safety management requirements in the chemical industry[54]. - The company is committed to maintaining compliance with regulatory requirements and ensuring transparency in its operations[79]. Environmental and Social Responsibility - The company achieved a four-star rating as a "Green Port" in Jiangsu and is committed to enhancing its environmental management and compliance standards[64]. - The company has implemented advanced wastewater treatment processes, achieving a COD level of ≤100 mg/L, significantly better than the local standard of ≤300 mg/L[65]. - The company actively fulfilled its social responsibility by establishing a comprehensive corporate governance structure and enhancing risk management and control[67]. - The company supported public welfare initiatives, including fundraising activities and purchasing poverty alleviation products, to assist disadvantaged groups[67]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[6]. - The total number of ordinary shareholders at the end of the reporting period is 25,810[108]. - The largest shareholder, Nanjing Port (Group) Co., Ltd., holds 57.41% of the shares, totaling 277,855,062 shares[108]. - The total equity at the end of the first half of 2021 was CNY 2,580,032,547.61, slightly up from CNY 2,579,421,211.85 in the same period of 2020[128]. Legal Matters - The company is involved in significant litigation with a total amount of approximately 11,468.05 million yuan (5,433.3 + 6,034.75) related to contract disputes[76]. - The company is involved in ongoing litigation with five defendants, seeking compensation for economic losses amounting to CNY 3,325.85 million due to a collision incident[77]. - The company has received a lawsuit from Pacific Insurance Co., claiming compensation of CNY 1,046,111.93 for insurance payouts related to the collision incident[78]. Financial Reporting and Governance - The semi-annual financial report was not audited[73]. - The financial statements were approved by the board of directors on August 25, 2021[159]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the financial statements reflect true and complete information[163].

Financial Performance - The company's operating revenue for Q1 2021 was CNY 179,342,870.95, representing a 10.80% increase compared to CNY 161,859,753.61 in the same period last year[7] - Net profit attributable to shareholders was CNY 30,357,392.07, a 36.45% increase from CNY 22,248,153.26 year-on-year[7] - The net profit after deducting non-recurring gains and losses was CNY 28,958,599.93, up 41.01% from CNY 20,536,280.65 in the previous year[7] - Basic earnings per share were CNY 0.0627, reflecting a 36.30% increase compared to CNY 0.0460 in the previous year[7] - The total operating revenue for Q1 2021 was CNY 179,342,870.95, an increase of 10.8% compared to CNY 161,859,753.61 in Q1 2020[42] - The total profit for Q1 2021 was CNY 47,271,974.46, compared to CNY 35,325,637.77 in Q1 2020, indicating a growth of 33.9%[43] - The operating profit for Q1 2021 was CNY 48,427,507.99, an increase of 36.8% from CNY 35,382,849.65 in Q1 2020[43] - The tax expenses for Q1 2021 were CNY 10,561,243.67, up from CNY 8,373,905.98, reflecting a 26.1% increase[43] Cash Flow - The net cash flow from operating activities reached CNY 44,859,375.84, marking a 34.67% increase from CNY 33,311,309.07 in the same period last year[7] - Operating cash inflow totaled CNY 187,943,267.48, an increase of 19% compared to CNY 157,964,258.89 in the previous period[50] - Investment activities generated a net cash flow of -CNY 79,479,830.84, an improvement from -CNY 201,847,431.86 in the prior period[50] - Cash flow from financing activities resulted in a net outflow of -CNY 138,998,305.92, compared to -CNY 83,230,393.12 previously, indicating increased financing costs[51] - The company reported a net cash decrease of CNY 173,618,750.71 for the period, compared to a decrease of CNY 251,766,438.00 in the previous period[51] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,614,389,274.73, a slight increase of 0.16% from CNY 4,606,835,923.57 at the end of the previous year[7] - Current liabilities rose to CNY 571,549,780.14 from CNY 461,388,395.05, representing a significant increase of 24%[35] - Total liabilities decreased slightly to CNY 1,159,408,522.82 from CNY 1,190,855,154.27, a decline of 2.65%[35] - Owner's equity increased to CNY 3,454,980,751.91 from CNY 3,415,980,769.30, showing a growth of 1.14%[36] - Non-current assets totaled CNY 4,097,410,439.91, up from CNY 3,986,258,109.29, indicating an increase of 2.9%[34] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,094[12] - The company reported non-recurring gains of CNY 1,398,792.14 during the reporting period[9] Investment and Projects - The company plans to permanently supplement working capital with surplus raised funds amounting to CNY 173.73 million[23] - The company has completed the modernization logistics service project with an adjusted investment of CNY 201.49 million[23] Legal Matters - The company is currently involved in two ongoing lawsuits related to contract disputes, with claims of CNY 60.35 million and CNY 54.33 million respectively[18][19] Other Financial Metrics - Cash received from sales of goods and services was CNY 183,169,572.20, an increase from CNY 147,477,130.89 in the previous year[49] - Other income for Q1 2021 was CNY 3,107,882.74, compared to CNY 2,653,915.89 in the previous year, showing a growth of 17.0%[42] - The company reported a decrease in cash and cash equivalents from CNY 471.76 million at the end of 2020 to CNY 298.14 million by March 31, 2021[33] - The total current assets decreased from CNY 620.58 million at the end of 2020 to CNY 516.98 million by March 31, 2021[33] - The company reported a decrease in cash and cash equivalents to CNY 223,393,648.80 from CNY 359,696,511.77, a decline of 37.9%[36] - The total non-current liabilities decreased to CNY 587,858,742.68 from CNY 729,466,759.22, a reduction of 19.4%[35] - Long-term equity investments amounted to CNY 226,317,761.65, up from CNY 222,151,551.09, reflecting a growth of 1.49%[34] - Fixed assets totaled CNY 2,226,286,734.37, slightly increasing from CNY 2,225,569,549.51, indicating a marginal growth of 0.32%[34]

Financial Performance - The company's operating revenue for 2020 was CNY 754.71 million, an increase of 2.43% compared to CNY 736.82 million in 2019[18]. - The net profit attributable to shareholders for 2020 was CNY 128.83 million, a decrease of 1.00% from CNY 130.12 million in 2019[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 124.25 million, up 9.46% from CNY 113.51 million in 2019[18]. - The net cash flow from operating activities increased by 10.31% to CNY 347.04 million in 2020, compared to CNY 314.61 million in 2019[18]. - The total assets at the end of 2020 were CNY 4.61 billion, a decrease of 1.08% from CNY 4.66 billion at the end of 2019[18]. - The net assets attributable to shareholders increased by 4.03% to CNY 2.79 billion at the end of 2020, compared to CNY 2.68 billion at the end of 2019[18]. - The basic earnings per share for 2020 were CNY 0.2662, down 1.00% from CNY 0.2689 in 2019[18]. - The weighted average return on equity for 2020 was 4.72%, a decrease from 4.96% in 2019[18]. - The company reported a total of CNY 4.58 million in non-recurring gains for 2020, compared to CNY 16.61 million in 2019[24]. Shareholder Information - The company reported a cash dividend of 0.45 RMB per 10 shares for a total of 483,966,800 shares, with no stock bonus issued[6]. - The company’s major shareholder structure remains unchanged, with Jiangsu Port Group holding 55% of the shares through Nanjing Port Group[16]. - The company has a total share capital of 483,966,800 shares, which serves as the basis for the cash dividend distribution[75]. - The largest shareholder, Nanjing Port (Group) Co., Ltd., holds 277,855,062 shares, representing 57.41% of the total shares[133]. - The second-largest shareholder, Shanghai International Port (Group) Co., Ltd., holds 49,749,609 shares, representing 10.28% of the total shares[133]. - The company has 27,804 total shareholders at the end of the reporting period[132]. - The report indicates that there were no changes in the number of shares held by the top shareholders during the reporting period[134]. Operational Highlights - The company’s main business includes providing loading and unloading services for crude oil, refined oil, liquid chemical products, and general cargo[28]. - The oil products liquefaction segment completed a throughput of 21.05 million tons, a decrease of 6.56% year-on-year, while the container throughput was 2.81 million TEU, down 8.14%[33]. - The container handling and services revenue accounted for 69.51% of total revenue, increasing by 4.68% year-on-year[37]. - The company focused on optimizing operational structure and enhancing quality, achieving growth in the container segment despite market challenges[33]. - The company is actively advancing the construction of a smart port information platform and enhancing environmental protection capabilities[34]. Risk Management and Compliance - The company emphasizes the importance of safety and environmental management due to the handling of hazardous materials, which poses significant regulatory challenges[5]. - The company has not reported any significant internal control deficiencies or non-standard audit opinions for the fiscal year[4]. - The company has not disclosed any forward-looking statements that may involve risks[4]. - The company is subject to risks from alternative transportation modes due to its comprehensive transport system in Nanjing[5]. - The company has established internal controls to mitigate risks associated with revenue manipulation[197]. Management and Governance - The company has a well-established management team with extensive experience in port operations and safety management, ensuring stable development[33]. - The company reported a significant management change with multiple board members and executives resigning, including the general manager and several directors, effective June 5, 2020[150]. - The company appointed new directors and executives, including Deng Jizhu as the new general manager and Ren Lagen as the new deputy general manager, on June 5, 2020[151]. - The company is focused on enhancing its operational efficiency and strategic direction following the management changes, aiming for improved performance in the upcoming fiscal periods[152]. - The company has established a transparent performance evaluation and incentive mechanism linking the income of senior management to the company's operational performance[175]. Environmental and Social Responsibility - The company received the "Four-Star Jiangsu Green Port" title in 2020, reflecting its commitment to environmental protection and sustainable development[121]. - The company has implemented measures to reduce volatile organic compounds (VOCs) emissions, including the installation of a terminal oil and gas recovery system[121]. - The company actively fulfilled its social responsibility by establishing a comprehensive corporate governance structure and implementing a dividend plan to protect shareholders' rights[115]. - In 2020, the company invested CNY 3.25 million in poverty alleviation efforts, including purchasing agricultural products from impoverished areas[118]. - The company engaged in community activities to enhance public awareness and supervision of its environmental practices[122]. Audit and Financial Reporting - The audit firm Tianheng CPA has been retained for four consecutive years, with an audit fee of 700,000 RMB[86]. - The audit opinion for the financial statements was a clean report with an emphasis on key audit matters related to revenue recognition[196]. - The company has no significant defects in financial reporting, with zero major or important defects identified[191]. - The company did not implement any stock incentive plans or employee shareholding plans during the reporting period[91]. - The company has confirmed that all commitments made to minority shareholders have been fulfilled on time[81].

Financial Performance - Net profit attributable to shareholders was CNY 33,503,049.24, down 3.32% year-on-year[7] - Operating revenue for the reporting period was CNY 190,115,562.41, an increase of 0.63% compared to the same period last year[7] - Basic earnings per share were CNY 0.0692, a decrease of 3.35% compared to the same period last year[7] - The net profit attributable to shareholders for the year-to-date was CNY 95,893,437.37, down 7.10% compared to the same period last year[7] - Operating revenue for the first three quarters of 2020 was CNY 54,299.58 million, a decrease of 0.57% compared to the same period last year[15] - Net profit attributable to shareholders for the first three quarters of 2020 was CNY 9,589.34 million, a decrease of 7.10% year-over-year[15] - Total profit for the third quarter was CNY 53,335,464.36, slightly down from CNY 53,652,311.47 in the previous year[42] - The company reported a total comprehensive income of CNY 41,153,918.38 for the third quarter, compared to CNY 42,190,234.58 in the prior year[43] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,586,400,318.90, a decrease of 1.52% compared to the end of the previous year[7] - Total assets as of September 30, 2020, amounted to CNY 4,586,400,318.90, a decrease from CNY 4,657,066,428.97 at the end of 2019[35] - Total liabilities decreased to CNY 1,210,655,106.10 from CNY 1,352,211,818.46, indicating a reduction of about 10.5%[35] - Total liabilities reached CNY 282,646,393.21, with current liabilities at CNY 161,674,290.97 and non-current liabilities at CNY 120,972,102.24[71] - The company's total equity increased to CNY 3,375,745,212.80 from CNY 3,304,854,610.51, reflecting a growth of approximately 2.1%[35] Cash Flow - The net cash flow from operating activities was CNY 100,001,393.43, an increase of 5.59% year-on-year[7] - Cash flow from operating activities for the first three quarters of 2020 increased by 17.26% year-over-year, totaling CNY 25,505.71 million[15] - The company reported a net cash flow from operating activities of CNY 10,000.14 million in Q3 2020, an increase of 5.59% year-over-year[15] - Operating cash flow net amount was CNY 255,057,072.12, an increase of 17.3% from CNY 217,508,582.99 in the previous period[58] - Cash and cash equivalents at the end of the period totaled ¥120,444,418.60, up from ¥67,593,368.86, an increase of 78.1%[62] Shareholder Information - The total number of shareholders at the end of the reporting period was 26,356[11] - The largest shareholder, Nanjing Port (Group) Co., Ltd., held 57.41% of the shares[11] Investment and Financing Activities - The company utilized CNY 157.41 million of raised funds, achieving an investment progress of 78.12%[22] - The company has temporarily used CNY 90 million of idle raised funds for working capital and structured deposits[22] - Investment activities generated a net cash flow of -CNY 162,324,588.93, worsening from -CNY 37,106,970.63 in the previous period[59] - Financing activities resulted in a net cash flow of -CNY 229,637,146.73, compared to -CNY 81,001,910.45 in the previous period[59] Other Financial Metrics - The company reported non-recurring gains of CNY 4,318,596.23 for the period[9] - The company’s financial expenses decreased to CNY 34,014,854.36 from CNY 45,256,486.83 in the previous year[50] - The company reported a significant decrease in cash inflow from investment recovery, down to ¥368,000,000.00 from ¥791,604,739.70, a drop of 53.6%[60] - The report indicates a significant amount of other receivables totaling CNY 7,383,189.95, which may impact liquidity[70] Compliance and Investigations - The company is currently cooperating with the investigation by the Yancheng Public Security Bureau regarding a potential economic risk related to a contract fraud case[17] - The company has not undergone an audit for the third quarter report[73] - The company has implemented new revenue and leasing standards starting in 2020, necessitating adjustments to the financial statements[63]

Financial Performance - The company's operating revenue for the first half of 2020 was ¥352,880,276.80, a decrease of 1.21% compared to ¥357,205,207.48 in the same period last year[16]. - The net profit attributable to shareholders was ¥62,390,388.13, down 9.01% from ¥68,566,284.66 year-on-year[16]. - The net profit after deducting non-recurring gains and losses increased by 6.11% to ¥58,778,504.16 from ¥55,392,881.14 in the previous year[16]. - The total profit for the same period was CNY 98.46 million, down 9.56% year-on-year[30]. - The liquid bulk cargo throughput reached 10.69 million tons, a year-on-year decrease of 1.67%[30]. - Container throughput was 986,000 TEUs, down 3.34% compared to the previous year[30]. - The company reported a net profit of CNY 75,893,251.08, representing a decline of 7.5% from CNY 81,925,036.57 in the previous year[133]. - The total comprehensive income for the first half of 2020 was CNY 22,732,932.12, a decrease of 74.9% compared to CNY 90,664,939.07 in the same period of 2019[138]. Cash Flow and Investments - The net cash flow from operating activities rose by 26.27% to ¥155,448,178.69 compared to ¥122,797,245.46 in the same period last year[16]. - The net cash flow from investment activities was CNY -156,709,593.81, a significant increase of 934.83% compared to CNY -15,143,521.65 in the previous year[33]. - The net cash flow from financing activities was CNY -105,675,299.36, which is a 33.11% increase in outflow compared to CNY -79,388,068.11[33]. - Cash flow from investing activities showed a net outflow of CNY 156,317,093.81, compared to a smaller outflow of CNY 15,143,521.65 in the first half of 2019[142]. - Cash flow from financing activities resulted in a net outflow of CNY 105,675,299.36, compared to a net outflow of CNY 79,388,068.11 in the same period last year[142]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,643,605,634.89, a decrease of 0.29% from ¥4,657,066,428.97 at the end of the previous year[16]. - The company's total liabilities decreased to CNY 1,282,802,771.34 from CNY 1,352,211,818.46, reflecting a reduction of approximately 5.1%[126]. - Current assets increased to CNY 647,910,033.91 from CNY 606,267,218.21, representing an increase of about 6.8%[124]. - Cash and cash equivalents decreased to CNY 294,661,874.77 from CNY 401,598,405.14, a decline of approximately 26.6%[123]. - The company's total equity rose to CNY 3,360,802,863.55 from CNY 3,304,854,610.51, indicating an increase of about 1.7%[126]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[6]. - The largest shareholder, Nanjing Port (Group) Co., Ltd., holds 277,855,062 shares, representing 57.41% of the total shares[104]. - The total number of ordinary shareholders at the end of the reporting period is 29,136[104]. - The company did not implement any share buyback during the reporting period[105]. - There were no changes in the controlling shareholder or actual controller during the reporting period[106]. Operational Challenges and Risks - The company faces risks from macroeconomic fluctuations, competition from alternative transportation methods, and safety management challenges in its operations[5]. - The company reported a significant impact on its performance due to global trade tensions and the COVID-19 pandemic, leading to increased uncertainty in the global economy[60]. - The company anticipates challenges in its container business growth due to external pressures on China's foreign trade and a cyclical slowdown in the domestic economy[60]. Management and Strategy - The company focused on internal control and management, enhancing budget management and risk assessment[30]. - The company is advancing the construction of a smart and safe ecological port and optimizing its development strategies[31]. - The company has not reported any significant changes in its operational strategies or market expansion plans in the current report[73]. - The company has not engaged in any significant mergers or acquisitions during the reporting period[96]. Compliance and Governance - The financial report for the first half of 2020 was not audited[121]. - The company's financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring compliance and accuracy[165]. - The company has not provided guarantees for shareholders or related parties, with no violations of external guarantee regulations reported[87][88]. Environmental and Safety Measures - Safety and environmental protection measures were effectively implemented, including safety training and emergency management[30]. - The company has implemented a "green port" initiative, enhancing monitoring and management of water, air, and solid waste[91].

Financial Performance - The company's operating revenue for 2019 was CNY 736,824,714.54, an increase of 2.66% compared to CNY 717,718,176.42 in 2018[18]. - Net profit attributable to shareholders decreased by 20.66% to CNY 130,124,169.57 from CNY 164,009,013.07 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was CNY 113,511,541.60, down 2.18% from CNY 116,038,590.82 in 2018[18]. - The net cash flow from operating activities increased by 9.25% to CNY 314,608,081.74 from CNY 287,968,932.24 in 2018[18]. - Basic and diluted earnings per share were both CNY 0.2689, a decrease of 20.66% from CNY 0.3389 in 2018[18]. - Total assets at the end of 2019 were CNY 4,657,066,428.97, a decrease of 0.74% from CNY 4,691,834,053.97 at the end of 2018[18]. - Net assets attributable to shareholders increased by 4.40% to CNY 2,679,413,807.94 from CNY 2,566,414,617.45 in 2018[18]. - The company reported a total of CNY 160,789,094.81 in revenue for Q1 2019, with a net profit of CNY 25,678,302.17[23]. - The company received government subsidies amounting to CNY 22,614,223.39 in 2019, compared to CNY 18,086,146.12 in 2018[24]. - In 2019, the company achieved a total revenue of CNY 736.82 million, an increase of 2.66% compared to the previous year[31]. Operational Highlights - The liquid bulk cargo throughput was 22.53 million tons, achieving 93.30% of the annual target of 24.15 million tons, a year-on-year decrease of 12.26%[31]. - Container throughput reached 3.06 million TEU, an increase of 4.26% year-on-year, with an additional 124,800 TEU compared to the previous year[31]. - The company’s gross profit margin for the transportation service industry was 47.95%, a decrease of 0.37% from the previous year[38]. - The storage revenue increased by 25.24% year-on-year, contributing CNY 48.18 million to total revenue[36]. - The company is focusing on market expansion and cost control to improve operational quality and efficiency[32]. Safety and Environmental Management - The company emphasizes high safety and environmental management standards due to the handling of hazardous materials like crude oil and chemical products[5]. - The company implemented a "dual prevention mechanism" for safety management, enhancing operational safety and environmental protection measures[32]. - The company is committed to complying with increasingly stringent national safety and environmental regulations affecting port development[67]. - The company has invested in the construction of a sewage treatment system for ships, enhancing its environmental responsibility[130]. - The company aims to achieve a visual and remote control goal for environmental management by 2020[129]. Shareholder and Capital Management - The company reported a cash dividend of 0.43 RMB per 10 shares for a total of 483,966,800 shares, with no bonus shares issued[6]. - The cash dividend proposal for 2019 is to distribute 0.43 yuan per 10 shares, totaling 20,810,572.40 yuan, which represents 15.99% of the net profit attributable to shareholders[75]. - The company has not proposed any stock dividend distribution for the reporting period despite having positive distributable profits[75]. - The company reported a total share capital increase to 483,966,800 shares after a capital reserve conversion of 111,684,646 shares[136]. - The company distributed cash dividends of 0.46 yuan per share, totaling 17,124,979.08 yuan[136]. Governance and Compliance - The company has established a governance structure that emphasizes independent director opinions and adheres to legal disclosure obligations[122]. - The company has maintained a stable relationship with its controlling shareholders and actual controllers[93]. - The company has not faced any penalties from securities regulatory agencies in the past three years[167]. - The company has independent financial management and accounting systems, ensuring no interference from the controlling shareholder[182]. - The company’s management is responsible for establishing and maintaining effective internal controls[196]. Future Outlook and Strategic Initiatives - The macroeconomic outlook indicates a potential further decline in global economic growth due to the impact of the COVID-19 pandemic and other geopolitical factors[67]. - The company plans to strengthen internal management and risk control while expanding financing channels to meet operational and project funding needs[68]. - The company aims to maintain a competitive edge through innovation and strategic partnerships in the logistics sector[100]. - The management provided a positive outlook for 2020, projecting a revenue growth of 10% driven by increased shipping activities[156]. - The company is committed to sustainability practices, aiming to reduce carbon emissions by 25% over the next five years through various green initiatives[156]. Internal Control and Audit - The company has not encountered any non-standard audit opinions or significant internal control deficiencies in the reporting period[4]. - The internal control audit concluded that the company maintained effective internal controls related to financial statements as of December 31, 2019[196]. - The internal control verification report received a standard unqualified opinion from the auditing firm[198]. - The audit committee completed the 2019 internal control self-evaluation report[189]. - The company reported no significant internal control deficiencies during the reporting period[193].

Revenue Performance - Revenue for Q1 2020 was ¥161,859,753.61, a decrease of 4.51% compared to ¥169,497,615.50 in the same period last year[7] - In Q1 2020, the company's operating revenue was CNY 161.86 million, a decrease of 4.51% compared to the same period last year[16] - Total operating revenue for Q1 2020 was CNY 161,859,753.61, a decrease from CNY 169,497,615.50 in the previous period[37] Profitability - Net profit attributable to shareholders was ¥22,248,153.26, down 13.36% from ¥25,678,302.17 year-on-year[7] - The net profit attributable to shareholders was CNY 22.25 million, down 13.36% year-on-year[16] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 20.54 million, a decrease of 18.33% year-on-year[16] - The total operating profit for Q1 2020 was CNY 10,699,874.75, a decrease of 16.4% compared to CNY 12,797,256.12 in the same period last year[42] - The net profit for Q1 2020 was CNY 8,453,065.54, down 13.8% from CNY 9,806,114.99 in Q1 2019[42] Cash Flow - Operating cash flow for the period increased significantly by 117.76%, reaching ¥33,311,309.07 compared to ¥15,297,011.72 in the same quarter last year[7] - The net cash flow from operating activities increased by 117.76% to CNY 33.31 million, mainly due to a significant increase in cash received from sales of goods and services[16] - Cash flow from operating activities increased to CNY 33,311,309.07, compared to CNY 15,297,011.72 in the previous year, marking a significant improvement[46] - Cash flow from investing activities showed a net outflow of CNY 201,847,431.86, compared to a smaller outflow of CNY 17,011,958.04 in the same period last year[46] - Cash flow from financing activities resulted in a net outflow of CNY 83,230,393.12, a decrease from a net inflow of CNY 123,008,886.10 in Q1 2019[47] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,587,940,410.83, a decrease of 1.48% from ¥4,657,066,428.97 at the end of the previous year[7] - As of March 31, 2020, total assets amounted to CNY 4.59 billion, down from CNY 4.66 billion at the end of 2019[30] - The company's total liabilities decreased to CNY 1.26 billion from CNY 1.35 billion at the end of 2019[31] - The company's total assets were CNY 2,752,013,219.58, compared to CNY 2,764,212,464.77 previously[35] - Total liabilities decreased to CNY 261,994,082.48 from CNY 282,646,393.21[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,513[12] - The largest shareholder, Nanjing Port (Group) Co., Ltd., holds 57.41% of the shares, totaling 277,855,062 shares[12] Non-Recurring Gains and Losses - The company reported non-recurring gains of ¥1,711,872.61 after tax, with significant contributions from government subsidies[9] - The company reported a decrease in other cash received related to operating activities, totaling CNY 10,487,128.00, down from CNY 16,212,549.09 in Q1 2019[46] Management and Strategy - The company plans to focus on improving cash flow management and reducing investment outflows in the upcoming quarters[46] - The company did not undergo an audit for the Q1 2020 report[51] - The company implemented new revenue and leasing standards starting in 2020, but it did not apply to the financial statements[51]