齐鲁晚报.齐鲁壹点记者赵波通讯员马文凯 1月20日，山东港口2026年度科技创新大会在青岛召开。大会发布了国家人工智能基地阶段成果以及全国首款港口AI芯片——"山港智芯.星屿SA5200"，该 芯片突破了核心技术壁垒，系全国首款港口AI芯片。 芯片自主可控是国家科技安全与产业安全的核心支撑，更是破解"卡脖子"难题、培育新质生产力的国家战略。针对港口码头轮胎吊远程操控、近海船舶航 行操作面临的传输带宽有限、图像质量不佳等行业难题，山东港口携手北京大学视频与视觉技术国家工程研究中心、博雅睿视等单位，突破核心技术壁 垒，采用国家标准定义，研发了全国首款港口AI芯片。 该芯片具备四大优势：支持视频、音频、温湿度等多源感知融合，适应港口复杂场景需求；内嵌超级压缩引擎，较传统方法大幅提升压缩效率；搭载高性 能异构处理内核，实现低功耗运行；自研全球唯一支持国标、国密的全栈国产算法，整体能效显著提升。 "十四五"期间，山东港口坚持把科技创新作为"第一生产力"，将"建设国际领先的智慧绿色港"置于发展首位，建成全国首个全国产全自主自动化码头，获 批全国港口领域唯一人工智能应用中试基地，落地全球首个港口服务类"方舟"大模型；高质量 ...

Core Viewpoint - Fuzhou Port has achieved a significant milestone by surpassing 100 million tons in foreign trade cargo throughput for the first time in 2025, marking an 8.8% year-on-year growth and establishing itself as a "billion-ton foreign trade port" [1] Group 1 - Fuzhou Port is a major coastal port in China and an important hub for regional comprehensive transportation [1] - The achievement reflects an enhancement in the level of openness and high-quality development of Fuzhou Port [1] - The port's comprehensive capabilities have undergone a leap forward, indicating a significant upgrade in its operational efficiency [1]

Investment Rating - The report assigns a "Buy" rating for Shenzhen International (00152) [2] Core Views - Shenzhen International is controlled by the Shenzhen State-owned Assets Supervision and Administration Commission and holds quality assets in the Greater Bay Area [8] - The logistics business serves as a solid foundation, with REITs spin-offs and logistics park upgrades opening up profit elasticity [8] - The toll road and port businesses provide stable profit contributions, with a central profit contribution of approximately HKD 1.1 billion [18] Summary by Relevant Sections 1. Control and Asset Management - Shenzhen International is a state-owned enterprise under the Shenzhen State-owned Assets Supervision and Administration Commission, focusing on urban support development and operations [13][14] 2. Logistics Business Development - The logistics business is centered around logistics parks, with an operational area of 6.71 million square meters as of H1 2025, and a compound annual growth rate of 24.07% from 2014 to 2024 [23][24] - The company has completed the REITs spin-off for five projects, contributing a total of HKD 14.2 billion to net profit as of H1 2025 [8][38] - The logistics park projects are expected to generate significant land appreciation and development profits, with projected after-tax returns of HKD 136.5 billion from the South China logistics park project [60][62] 3. Toll Road and Port Business - The toll road and port operations are managed by subsidiaries, contributing a stable profit base with a net profit of HKD 4.9 billion in H1 2025 [65] - The company holds approximately 47.3% equity in Shenzhen Expressway, which operates 16 toll road projects with a total toll mileage of 613 kilometers [66] 4. Financial Projections - The company is projected to achieve revenues of HKD 17.06 billion, HKD 17.61 billion, and HKD 18.75 billion for the years 2025, 2026, and 2027 respectively, with corresponding net profits of HKD 3.17 billion, HKD 3.47 billion, and HKD 3.53 billion [6][8]

Core Viewpoint - The city aims to achieve high-quality development of its ports by 2025, with a focus on collaboration among various regions and departments to enhance cargo throughput and support economic growth [1][2]. Group 1: Development Goals - By 2025, the port's cargo throughput in Zhenjiang has reached a historic breakthrough, indicating a positive development trend [1]. - The city is set to establish clear objectives and implement precise measures to ensure the high-quality development of Zhenjiang's ports [2]. Group 2: Strategic Initiatives - There is an emphasis on strengthening the construction of the port hinterland and enhancing coordination among various sectors, with a focus on planning, land acquisition, and multi-modal transport [2]. - The city encourages the transformation of inefficient private terminals into public ones and aims to consolidate port resources through state-owned enterprises [2]. - Development of high-value-added manufacturing projects in the port area is prioritized to promote integration between ports, industries, and urban areas, creating new growth drivers for the port economy [2].

珠海港股份有限公司董事局 ■ 本期超短期融资券发行情况的有关文件在中国货币网（www.chinamoney.com.cn）和上海清算网 （www.shclearing.com.cn）公告。 经通过"信用中国"网站（www.creditchina.gov.cn）等途径核查，公司不属于失信责任主体。 特此公告 登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事局全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 根据珠海港股份有限公司（以下简称"公司"）于2024年9月29日召开的第十一届董事局第二次会议决议 及2024年10月23日召开的2024年第五次临时股东大会决议，公司拟向中国银行间市场交易商协会（以下 简称"交易商协会"）申请注册及发行不超过人民币20亿元（含20亿元）的超短期融资券。相关内容详见 刊登于2024年10月8日《证券时报》《中国证券报》和巨潮资讯网的《关于拟注册及发行超短期融资券 的公告》。 2025年5月6日，公司收到交易商协会签发的《接受注册通知书》（中市协注〔2025〕SCP111号），交 易商协会决定接受公司超短期融资券注册，注册金额为2 ...

Core Viewpoint - The article emphasizes the responsibilities and missions of central enterprises in China, particularly focusing on the role of China Merchants Group in contributing to national development and modernization efforts [1]. Group 1: Company History and Development - China Merchants Group, established over 150 years ago, is recognized as China's first modern company and a pioneer in national industry [1]. - The group has total assets exceeding 15 trillion yuan, with operations spanning transportation logistics, comprehensive finance, real estate, and technology innovation [1]. - The historical significance of the "Yidun" ship is highlighted as it marked the beginning of modern Chinese shipping and opened the first coastal commercial route [3]. Group 2: Corporate Responsibility and National Service - The "Hailiao" ship symbolizes the company's commitment to national interests, having raised the national flag during a pivotal moment in Chinese history [5]. - The company has actively engaged in modernizing its operations, such as the transformation of the Ma Wan Smart Port, which has significantly improved operational efficiency [7]. - China Merchants Group's focus on aligning its business strategies with national goals has led to substantial growth, with total assets increasing 40 times from 2012 to 2025 [7]. Group 3: Innovation and Technological Advancement - The introduction of the "New Yidun" ship, which utilizes advanced materials and technology, reflects the company's commitment to innovation and sustainability in the shipping industry [13]. - The establishment of the advanced technology research institute and the Lion Mountain AI laboratory demonstrates the group's investment in cutting-edge technology and talent acquisition [2]. - The company aims to enhance its capabilities in strategic emerging industries, with significant investments in technology and innovation during the 14th Five-Year Plan period [15]. Group 4: Global Expansion and International Strategy - China Merchants Group has expanded its global footprint, investing in 51 ports across 26 countries, with overseas revenue accounting for over 30% of its total [12]. - The company has successfully implemented its international strategy, significantly increasing container throughput at its overseas ports [12]. - The focus on mutual benefit and cooperation in international operations has positioned the company as a key player in global trade [12]. Group 5: Future Outlook and Strategic Goals - The company plans to accelerate its "third entrepreneurship" phase, aiming to build world-class enterprises and achieve significant profit and revenue milestones [16]. - The emphasis on technological innovation and international operations is expected to drive the company's growth and enhance its role in national development [16].

Core Viewpoint - The company, Zhuhai Port, is actively managing its market value and pursuing dual business strategies in port logistics and renewable energy, despite recent stock price declines [2][3]. Group 1: Stock Performance - As of January 20, 2026, Zhuhai Port's stock closed at 5.41 yuan, up 1.12%, with a turnover rate of 1.83%, trading volume of 164,900 shares, and a transaction value of 88.706 million yuan [1]. - On January 20, 2026, the net inflow of main funds was 922,700 yuan, while retail investors saw a net inflow of 1,065,400 yuan [3][5]. Group 2: Corporate Communication - The company has been responding to investor inquiries regarding its restructuring efforts and market value management, emphasizing its commitment to sustainable development and shareholder returns [2]. - The company is focusing on enhancing communication with the capital market to convey its value and operational results effectively [2]. Group 3: Financing Activities - Zhuhai Port successfully issued its first phase of ultra-short-term financing bonds for 2026, totaling 400 million yuan, with a maturity of 270 days and an interest rate of 1.68% [4][5].

Core Viewpoint - The company aims to establish itself as a "globally excellent terminal operator and port logistics service provider" while focusing on the steady development of its core port business and actively promoting new business models in the shipping industry [1] Group 1 - The company is committed to cultivating new business formats in the shipping industry and advancing the implementation of diversified new businesses [1] - The company seeks to create a high-quality innovative development pattern characterized by "technology support, regional collaboration, business synergy, and green intelligence" [1] - The goal is to establish a global benchmark port ecosystem [1]

Investment Rating - The report assigns a "Buy" rating for Shenzhen International (00152) [2] Core Views - Shenzhen International is controlled by the Shenzhen State-owned Assets Supervision and Administration Commission and holds quality assets in the Greater Bay Area [8] - The logistics business serves as a solid foundation, with REITs spin-offs and logistics park upgrades opening up profit elasticity [8] - The toll road and port businesses provide stable profit contributions, with a central profit contribution of approximately HKD 1.1 billion [18] Summary by Relevant Sections 1. Control and Asset Management - Shenzhen International is a state-owned enterprise under the Shenzhen State-owned Assets Supervision and Administration Commission, focusing on urban support development and operations [13][14] 2. Logistics Business Development - The logistics business is centered around logistics parks, with an operational area of 6.71 million square meters as of H1 2025, and a compound annual growth rate of 24.07% from 2014 to 2024 [23][24] - The company has completed the REITs spin-off for five projects, contributing a total of HKD 14.2 billion to net profit as of H1 2025 [8][38] - The logistics park projects are expected to generate significant land appreciation and development profits, with projected after-tax returns of HKD 136.5 billion from the South China logistics park project [60][62] 3. Toll Road and Port Business - The toll road and port operations are managed by subsidiaries, contributing a stable profit base with a net profit of HKD 4.9 billion in H1 2025 [65] - The company holds approximately 47.3% equity in Shenzhen Expressway, which operates 16 toll road projects with a total toll mileage of 613 kilometers [66] 4. Financial Projections - The company is expected to achieve revenues of HKD 17.06 billion, HKD 17.61 billion, and HKD 18.75 billion for the years 2025, 2026, and 2027 respectively, with corresponding net profits of HKD 3.17 billion, HKD 3.47 billion, and HKD 3.53 billion [6][8]

Group 1 - The company is currently auditing its financial statements for the fiscal year 2025 [1] - Investors are advised to pay attention to the upcoming disclosure of the 2025 annual report for financial information related to the fourth quarter [1]