Xin Lang Cai Jing·2025-08-29 07:48Core Viewpoint - Qinhuangdao Port Co., Ltd. is a state-owned enterprise that provides integrated port services and is positioned to benefit from initiatives like the Belt and Road Initiative and regional integration efforts in China [2][3]. Company Overview - Qinhuangdao Port Co., Ltd. is located in Qinhuangdao, Hebei Province, and offers comprehensive port services including loading, storage, warehousing, transportation, and logistics [2][3][8]. - The company primarily handles various cargo types such as coal, metal ores, oil products, liquid chemicals, containers, and general cargo [2][3][8]. - It is recognized as the world's largest public terminal operator for bulk dry cargo and was the largest public coal terminal globally from 2013 to 2015 [2][3]. Recent Developments - In the past year, the company has been subject to a stake acquisition by Great Wall Life Insurance Co., Ltd., which now holds 5.00% of the total shares [4]. - As of June 30, the company had 50,900 shareholders, a decrease of 2.35% from the previous period [8]. Financial Performance - For the first half of 2025, the company reported a revenue of 3.451 billion yuan, a year-on-year decrease of 0.30%, and a net profit attributable to shareholders of 988 million yuan, down 2.22% year-on-year [8]. - Since its A-share listing, the company has distributed a total of 3.565 billion yuan in dividends, with 1.335 billion yuan distributed over the past three years [9]. Market Activity - On August 29, the company's stock rose by 1.79%, with a trading volume of 136 million yuan and a turnover rate of 0.84%, bringing the total market capitalization to 19.109 billion yuan [1].