2020-10-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company for the first nine months was CNY 711.08 million, an increase of 31.48% year-on-year [4]. - Basic earnings per share for the first nine months were CNY 0.055145, reflecting a growth of 31.48% year-on-year [4]. - The company reported a decrease in operating revenue for the first nine months, totaling CNY 4.89 billion, down by 0.32% year-on-year [4]. - Operating cash flow for the first nine months reached CNY 1.40 billion, representing a significant increase of 51.84% compared to the same period last year [3]. - The weighted average return on equity increased to 3.71%, up by 0.81 percentage points from the previous year [4]. - Other income for the first three quarters was RMB 68,528,009.28, up 42.76% year-over-year, mainly from government subsidies received [19]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 34.53 billion, a decrease of 1.61% compared to the end of the previous year [3]. - As of September 30, 2020, the company's trading financial assets amounted to RMB 1,656,445,773.15, an increase of 443.18% compared to the beginning of the year, primarily due to the net increase in structured deposits [9]. - Accounts receivable reached RMB 2,058,006,511.47, reflecting a growth of 55.58% year-to-date, mainly due to unbilled revenue from crude oil storage services [10]. - The company's inventory decreased by 35.87% to RMB 67,375,093.41, attributed to the sale of inventory goods [11]. - Contract liabilities increased by 130.86% to RMB 79,178,709.98, driven by an increase in prepaid port miscellaneous fees [15]. - Long-term receivables grew by 100% to RMB 54,645,260.84, mainly due to new external loans [14]. - Short-term borrowings decreased by 69.83% to RMB 150,129,166.67, primarily due to the repayment of bank loans [14]. Shareholder Information - The total number of shareholders at the end of the reporting period was 170,862 [7]. - The largest shareholder, Dalian Port Group Co., Ltd., held 41.18% of the shares [7]. Impairment and Other Financial Issues - The company reported a net loss from credit impairment of RMB 27,402,093.98, an increase of 622.72% compared to the previous year [21]. - Non-recurring gains and losses included government subsidies amounting to CNY 35.81 million for the first nine months [5]. Future Plans and Developments - The company plans to merge with Yingkou Port by issuing A-shares to its shareholders, with the approval process currently underway [29]. - The company has not disclosed any new product or technology developments in this report [6].