1. Report Industry Investment Rating - No relevant information provided 2. Core View of the Report - As of January 10, 2026, the average daily number of customs - cleared vehicles in January was 1,210, and short - haul freight rates dropped to 65 yuan, close to the price level in early August 2025. Although the average daily customs - cleared vehicles in January temporarily decreased from 1,431 in December 2025, it is still the highest customs - clearance level in the past three years [1][7] 3. Summary by Related Content 3.1 VIP Customer Data - Ganqimaodu Port Daily Customs - Clearance Data - From December 19, 2025, to January 10, 2026, the number of customs - cleared vehicles, AGV numbers, and the total number of customs - cleared vehicles fluctuated. For example, on December 19, 2025, the number of customs - cleared vehicles was 1,300, AGV was 150, and the total was 1,450; on January 10, 2026, the number of customs - cleared vehicles was 1,218, AGV was 62, and the total was 1,280. The short - haul freight rate was mainly 90 yuan from December 19 - 23 and then dropped to 70 yuan from December 24 - January 9, and further dropped to 65 yuan on January 6 [1]

Group 1: Core Data - As of November 7, the Mongolian coal inventory at the Ganqimao Port was 2672500 tons, with a cumulative inventory increase of 300000 tons [1] - Inventory data and their month - on - month changes from July 10, 2025 to November 7, 2025 are presented in a table, such as on July 10, 2025, the inventory was 355 (unit not specified), with a month - on - month decrease of 2; on July 19, 2025, the inventory was 286, with a month - on - month decrease of 6; on October 7, 2025, the inventory was 200, with a month - on - month decrease of 9 [3]

Group 1: Core View - In November, the number of customs - cleared vehicles at the Ganqimao'du Port increased significantly. As of November 6th, the average daily number of customs - cleared vehicles was 1,396, a substantial increase of 336 vehicles per day compared to the average of 1,060 vehicles per day in October [3] Group 2: Data Summary - The monthly average number of customs - cleared vehicles at the 288 Port in 2023 from January to September were 1,800, 1,600, 1,360, 1,600, 1,252, 1,400, 1,400, 1,200, 1,060 respectively [2]