Core Insights - In 2024, Yancheng Port's coastal area is expected to handle over 19 million tons of cargo, representing a year-on-year growth of 6.8% [1] - By 2025, the addition of various cargo types such as coal, grain, and vehicles is projected to increase the cargo throughput to 24 million tons [1] Group 1: Port Characteristics and Infrastructure - Yancheng Port is classified as a first-class open port and serves as a gateway to the Huai River basin, with capabilities to construct 100,000 to 300,000-ton berths [2] - The port has a planned total of 78 berths with a designed throughput capacity of 200 million tons [2] - The operational areas include a main port area, a river-sea transport area, and a logistics storage area, with a total of 677,700 square meters of yard space and 107,600 square meters of modern warehouses [2] Group 2: Business Development and Revenue - The port is expected to generate revenue of 170 million yuan from the handling of seven types of cargo, including sand, nickel iron, and steel in 2024 [2] - The ongoing construction of the general cargo terminal phase III involves an investment of approximately 800 million yuan, with a design capacity of 4.15 million tons per year [2] Group 3: Strategic Initiatives and Growth - Yancheng Port has opened new international shipping routes to ports in Aqaba, Jordan, and Jebel Ali, UAE, significantly boosting the export volume of domestic brands like BYD and Changan [4] - The port aims to integrate with major energy projects in the region, promoting a "port + industry + energy" development model [4] - Future plans include the construction of dedicated container and vehicle roll-on/roll-off terminals, as well as a 200,000-ton channel project to enhance multi-modal transport capabilities [4]