Disclosures for Specific Types of Bonds "Belt and Road" Corporate Bonds The company details the use of proceeds from three "Belt and Road" corporate bonds for key port infrastructure projects - The company has issued multiple special-purpose "Belt and Road" bonds to fund major port infrastructure projects357 "Belt and Road" Bonds Overview | Bond Name | Code | Balance (RMB) | Key Projects | | :--- | :--- | :--- | :--- | | 22 Yue Gang K1 | 185817 | 1.00 billion | Nansha Port Grain Terminal Silo Phase II & Expansion; Xinsha Port Berths 11 & 12 | | 22 Yue Gang 02 | 185969 | 1.00 billion | Nansha Port Grain Terminal Silo Phase II & Expansion; Nansha International Logistics Center (North) | | 22 Yue Gang 04 | 137812 | 1.00 billion | Nansha International Logistics Center (South) | 22 Yue Gang K1 (Bond Code: 185817) The RMB 1 billion proceeds were used to repay debt for three projects that enhanced grain and general cargo capacity - Proceeds from this bond were used to repay debt for three key projects aimed at boosting port capacity and supporting the "Belt and Road" initiative3 Bond-Funded Project Progress and Results (185817) | Project Name | Completion/Operation Date | Key Achievements | | :--- | :--- | :--- | | Nansha Port Grain Terminal Silo Phase II | August 2022 | Added 409,000 tons of grain capacity; handled 3.468 million tons of grain in 2023 | | Nansha Port Grain Terminal Expansion | End of 2023 | Annual designed cargo throughput capacity reached 36 million tons | | Xinsha Port Berths 11 & 12 | End of 2023 | Added annual throughput capacity of 5.6 million tons and 500,000 TEUs | 22 Yue Gang 02 (Bond Code: 185969) The RMB 1 billion proceeds repaid debt for projects including the Nansha International Logistics Center (North) - Bond proceeds supported the construction of the Guangzhou Nansha International Logistics Center (North Zone), which began operations in March 202256 - In 2023, the North Zone logistics center attracted 80 clients, handled 28,000 TEUs, and maintained an average warehouse occupancy of 62,000 square meters6 22 Yue Gang 04 (Bond Code: 137812) The RMB 1 billion proceeds repaid debt for the Nansha International Logistics Center (South), focusing on cold chain logistics - This bond was specifically used to finance the Guangzhou Nansha International Logistics Center (South Zone), which specializes in cold chain logistics7 - The South Zone project was completed in May 2022 and handled 24,900 TEUs of refrigerated containers with a daily average inventory of 45,100 tons in 20237 Technology Innovation Corporate Bonds The "22 Yue Gang K1" bond is also designated as a technology innovation bond, funding smart port technologies - The company is actively building a "Smart Port" by integrating big data, IoT, automation, and AI into its key projects9 - These technological applications aim to enhance competitiveness, drive industrial upgrades, and promote new technologies across the sector10 22 Yue Gang K1 (Bond Code: 185817) - Technology Innovation Perspective The "22 Yue Gang K1" bond supported projects that applied advanced automation and digitalization technologies - The Nansha terminal expansion implemented a "Smart Bulk Grain Truck Transport System," achieving full automation of the truck pickup process without manual intervention9 - The Xinsha berth project extensively utilized BIM (Building Information Modeling) for design, construction simulation, and management, setting a benchmark for waterway engineering9 Effectiveness in Promoting Technological Innovation The application of smart systems and BIM has significantly enhanced port efficiency, safety, and competitiveness - The smart bulk grain system resolved issues of low efficiency, high labor costs, and safety hazards in traditional transport, boosting grain handling capacity910 - The use of BIM improved engineering quality by reducing design errors and enhancing digital management, strengthening the company's competitive edge910
广州港(601228) - 2024 Q4 - 年度财报(补充)