YPH(SZ:000088) Zhong Guo Zheng Quan Bao·2025-08-26 00:28Core Viewpoint - Yantian Port is expanding its operations and enhancing its capabilities to meet the growing demand for container throughput, driven by its strategic location and the support of Shenzhen's foreign trade environment [1][3][4]. Group 1: Port Development and Capacity Expansion - A fully automated container terminal with an annual throughput capacity of 3 million TEUs is under construction in the East Port area of Yantian [1][3]. - In the first half of this year, Yantian Port's container throughput exceeded 7.58 million TEUs, a year-on-year increase of 12.7% [3]. - The total throughput for Yantian Port surpassed 15 million TEUs last year for the first time [3]. - The East Port area will provide additional capacity to meet the demand exceeding design capabilities, with plans for completion by 2026 [3]. Group 2: Strategic Partnerships and New Projects - Yantian Port has expanded its network by acquiring 100% of Xiaomo Port and is currently constructing the second phase of Xiaomo Port, which will increase its annual automobile transport capacity from 300,000 to 1 million vehicles [4]. - The company has also partnered with Huangshi City to develop Huangshi New Port, which has achieved a cargo throughput of over 100 million tons [4]. Group 3: Integration of Domestic and International Trade - Yantian Port is actively participating in the trend of domestic and international trade integration by enhancing its port layout and expanding its service offerings [4][5]. - The port has opened 20 inland ports and 33 sea-rail intermodal routes, significantly improving customs efficiency and connectivity with the national railway network [5]. Group 4: Environmental and Technological Advancements - Yantian Port is focusing on green and smart upgrades, implementing measures such as shore power systems and LNG refueling to reduce carbon emissions by nearly 20,000 tons by 2024 [8]. - The port is developing a digital management system to transition from traditional operations to intelligent control, enhancing overall efficiency and value creation [8]. Group 5: Financial Performance and Future Outlook - Yantian Port's net profit is projected to reach 1.35 billion yuan in 2024, reflecting its robust growth and strategic initiatives [10].