Core Viewpoint - The company operates as a key logistics hub in the Guangxi Beibu Gulf region, benefiting from policies related to the Hainan Free Trade Port and the Belt and Road Initiative, which enhance its operational capabilities and market reach [2][3]. Company Overview - The company is the sole operator of public terminals in the Guangxi Beibu Gulf region, with its port being a major player in China's southwestern coastal port group [3]. - The main business activities include container and bulk cargo handling, storage, and port services, with a revenue composition heavily reliant on handling and storage services [8]. Operational Performance - In 2023, the company achieved a cargo throughput of 31,039.78 million tons, a year-on-year increase of 10.81%, accounting for 70% of the total cargo throughput at Beibu Gulf Port [3]. - The container throughput reached 802.20 million TEUs, marking a 14.26% increase year-on-year, representing 100% of the port's total container throughput [3]. Strategic Importance - The company plays a crucial role in the national strategy to establish an international corridor towards ASEAN and to support the development of the southwestern and central southern regions of China [3]. - The local government is increasing policy support for port logistics development, aligning with the national focus on the Belt and Road Initiative and the Western Land-Sea New Corridor [3]. Financial Performance - For the period from January to September 2025, the company reported an operating income of 5.535 billion yuan, reflecting a year-on-year growth of 12.92%, while the net profit attributable to shareholders decreased by 13.89% to 789 million yuan [8]. - The company has distributed a total of 3.034 billion yuan in dividends since its A-share listing, with 1.396 billion yuan distributed over the past three years [8]. Market Position - The company is positioned within several concept sectors, including RCEP, natural gas, port transportation, and the Belt and Road Initiative [8]. - As of September 30, 2025, the company had 59,400 shareholders, with a notable increase of 42.47% in shareholder numbers [8].
北部湾港跌1.15%,成交额7.61亿元,今日主力净流入-2691.18万