Xin Lang Cai Jing·2025-12-02 07:16Core Viewpoint - The company, Liaoning Port Co., Ltd., is positioned as a leading comprehensive terminal operator in Northeast China, benefiting from the China-South Korea Free Trade Agreement and expanding its logistics capabilities through various initiatives [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 terminal and related logistics, container terminal and related logistics, automobile terminal and related logistics, bulk cargo terminal and related logistics, grain terminal and related logistics, passenger roll-on/roll-off terminal and related logistics, as well as port value-added and support services [8][9]. - The company is the largest comprehensive terminal operator in Northeast China, with a well-established transportation network, serving as a key sea-rail intermodal and maritime transshipment port [3][9]. Business Development - The company has a unified operational platform for port logistics under the Dalian State-owned Assets Supervision and Administration Commission, currently operating nearly 70 coastal routes [2]. - The signing of the China-South Korea Free Trade Agreement is expected to significantly impact Dalian's goods trade, service trade, and the introduction of Korean capital [2]. - The company plans to enhance its container terminal by adding 10 new routes throughout the year, integrating into national strategies such as the Belt and Road Initiative and the dual circulation strategy [4]. Financial Performance - For the period from January to September 2025, the company achieved a revenue of 8.426 billion yuan, representing a year-on-year growth of 5.99%, and a net profit attributable to shareholders of 1.3 billion yuan, up 37.51% year-on-year [9][10]. - The company has distributed a total of 5.342 billion yuan in dividends since its A-share listing, with 1.439 billion yuan distributed over the past three years [10]. Market Position - The company operates in the transportation sector, specifically in shipping ports, and is involved in various concept sectors including free trade ports, port transportation, and financing [9]. - As of September 30, 2025, the company had 211,800 shareholders, a decrease of 5.54% from the previous period [9].