Xin Lang Cai Jing·2025-09-08 07:24Core Viewpoint - The company, Liaoning Port Co., Ltd., is a significant player in the port logistics industry, focusing on various terminal operations and logistics services, and is positioned as a key logistics platform in Dalian, benefiting from favorable natural conditions and strategic initiatives like the China-South Korea Free Trade Agreement [2][3]. Company Overview - Liaoning Port Co., Ltd. was established on November 16, 2005, and listed on December 6, 2010. Its main business includes oil/liquid chemical products terminals, container terminals, automobile terminals, bulk cargo terminals, grain terminals, passenger roll-on/roll-off terminals, and port value-added services [7]. - The company is controlled by the Dalian State-owned Assets Supervision and Administration Commission and operates as a unified logistics platform for port operations in Dalian, making it the largest comprehensive terminal operator in Northeast China [3][4]. Financial Performance - For the first half of 2025, the company achieved a revenue of 5.693 billion yuan, representing a year-on-year growth of 5.93%. The net profit attributable to shareholders was 956 million yuan, showing a significant increase of 110.78% [8]. - Since its A-share listing, the company has distributed a total of 5.342 billion yuan in dividends, with 1.439 billion yuan distributed over the past three years [9]. Market Activity - On September 8, the company's stock rose by 1.81%, with a trading volume of 266 million yuan and a turnover rate of 0.86%, bringing the total market capitalization to 39.836 billion yuan [1]. - The stock has seen a net inflow of 9.2129 million yuan from major investors today, with a total industry net inflow of 747 million yuan over the same period [4][5]. Strategic Initiatives - The company is actively involved in the development of blockchain technology through its wholly-owned subsidiary, Dalian Jifa Bohai Container Transportation Co., Ltd., which has received approval for its blockchain project from the Cyberspace Administration [4].