Core Viewpoint - Tianjin Port Development (600717) announced contracts for upgrading the automatic lubrication and electrical control systems of its quay cranes, which are expected to enhance operational efficiency and competitiveness [1] Group 1: Contract Details - On December 19, 2025, Pacific International Company, a subsidiary of Tianjin Port Development, signed a contract with Jinan Heavy Industry Company for the automatic lubrication system upgrade at a cost of RMB 4.731 million (including tax) [1] - On the same date, Pacific International Company also entered into a contract with Jinan Heavy Industry Company for the electrical control system upgrade at a cost of RMB 6.99 million (including tax) [1] Group 2: Project Benefits - The automatic lubrication system upgrade will allow for scheduled and precise lubrication without occupying maintenance time or requiring manual operation, ensuring sufficient lubrication and reducing future failures and contamination [1] - The electrical control system upgrade will improve the stability of the quay cranes, reduce failure rates, and lower daily maintenance costs [1] - These upgrades are expected to enhance the competitiveness of Pacific International Company's terminal operations, thereby creating greater benefits for the group [1]

智通财经APP讯，天津港发展(03382)发布公告，于2025年12月19日，太平洋国际公司(本公司的附属公 司)，与金岸重工公司就岸桥自动润滑系统改造项目订立岸桥自动润滑系统改造合同，代价为人民币 473.1万元(含税)。 于2025年12月19日，太平洋国际公司亦与金岸重工公司就岸桥电控系统升级改造项目订立岸桥电控系统 升级改造合同，代价为人民币699万元(含税)。 透过岸桥自动润滑系统改造项目，太平洋国际公司的岸桥将实现定时定量添加润滑油，无需占用维保时 间，无需人员操作，并且能够确保润滑油加注充足，减少后期故障及加注污染;透过岸桥电控系统升级 改造项目，太平洋国际公司可提高其岸桥稳定性，降低故障率和日常维修成本。因此，透过订立该等改 造合同，能增强太平洋国际公司码头的竞争力，从而为本集团创造更大效益。 ...

Core Viewpoint - Qingdao Port (601298.SH) announced the signing of real estate purchase contracts with the Cruise Port Development Company to acquire specific floors in two towers for operational needs, totaling approximately 3.64 billion yuan [1] Group 1 - The company plans to purchase floors 2-7 and 14-15 of Tower A, and floors 2-5 of Tower B from the Cruise Port Development Company [1] - The transaction prices for the respective assets are 286 million yuan for Tower A and 79.5093 million yuan for Tower B [1]

Core Viewpoint - Qingdao Port (601298.SH) aims to accelerate the development of the Dongjiakou Port area and enhance container terminal operational capacity by investing in the first phase of the Dongjiakou Container Terminal project, with an estimated investment of RMB 9.097 billion [1] Group 1 - The company plans to invest in the construction of the Dongjiakou Container Terminal Phase I project [1] - The estimated investment for the project is RMB 9.097 billion [1] - The initiative is part of the strategy to support the construction of Qingdao Port as an international container hub [1]

格隆汇12月19日丨天津港发展(03382.HK)公告，于2025年12月19日，太平洋国际公司(公司的附属公 司)，与金岸重工公司就岸桥自动润滑系统改造项目订立岸桥自动润滑系统改造合同，代价为人民币 473.1万元(含税)。 于2025年12月19日，太平洋国际公司亦与金岸重工公司就岸桥电控系统升级改造项目订立岸桥电控系统 升级改造合同，代价为人民币699万元(含税)。 ...

Major Events - Changfei Fiber announced that the global optical fiber and cable industry market environment is normal, and the proportion of new products related to data centers in total demand is relatively small [1] - GuoDun Quantum appointed director Ying Yong to temporarily perform the duties of chairman and legal representative following the passing of chairman Lü Pin [1] - Huati Technology clarified that it does not engage in commercial aerospace-related businesses, focusing instead on smart city solutions and cultural lighting [1] Corporate Changes - Kuangda Technology's controlling shareholder changed from Shen Jialiang to Zhuzhou City State-owned Assets Supervision and Administration Commission after a share transfer of 412 million shares, representing 28% of the total share capital [2] Termination of Transactions - Geer Software announced the termination of its planned acquisition of over 51% of Shenzhen Weipin Zhiyuan Information Technology due to failure to reach agreement on key terms [3] - Bohai Chemical terminated its major asset restructuring plan involving the sale of Bohai Petrochemical and the acquisition of control over Taida New Materials due to disagreements on core terms [4] Investment Projects - Qingdao Port plans to invest in two terminal projects with a total estimated investment of 15.7 billion yuan, including 9.097 billion yuan for the first phase of the Dongjiakou Port area container terminal [5] - Sichuan Chengyu's wholly-owned subsidiary plans to acquire 85% of Hubei Jingyi Highway Co., Ltd. for 2.409 billion yuan, which will enhance the company's highway project portfolio [6] Performance Updates - China State Construction reported a 0.9% year-on-year increase in new contracts signed in the first 11 months of 2025, totaling 4.0408 trillion yuan [7] - SF Holding's logistics business revenue grew by 9.88% year-on-year in November, with total revenue from logistics and supply chain services reaching 27.173 billion yuan [8] - YTO Express reported a 11.08% year-on-year increase in express product revenue in November, amounting to 6.474 billion yuan [9] Major Contracts - Dongfang Cable announced it won contracts totaling 3.125 billion yuan, representing 34.37% of its audited revenue for 2024 [10] - Huadian Technology signed contracts worth approximately 815 million yuan with China Huadian Engineering Group for a wind power and green methanol project [11]

Core Viewpoint - Tianjin Port (600717.SH) announced that its subsidiary, Tianjin Port Fourth Terminal Co., Ltd., will procure gantry cranes using self-raised funds, with the project awarded to an affiliated company, Tianjin Jinan Heavy Industry Co., Ltd., for a bid amount of 185 million RMB [1] Group 1 - The project was awarded through a public tender process [1] - The transaction constitutes a related party transaction but does not qualify as a major asset restructuring [1] - Completion of the project will enhance the stability and sustainability of equipment operations, strengthen operational capacity, and improve the hardware support system for terminal operations [1] Group 2 - The project aims to effectively optimize the current situation of aging equipment and insufficient performance [1] - It is expected to help the company overcome capacity bottlenecks [1] - The initiative lays a solid foundation for the company's long-term strategic layout and sustainable high-quality development [1]

自20世纪80年代起，广州港客运码头、石化码头、粮食码头、汽车码头、邮轮码头、集装箱码头等相继对外开放，广州港逐步由过去的支线港、喂给港， 发展成为国家对外开放综合主枢纽港。目前，广州港是华南地区最大的综合性枢纽港，此次扩大开放项目验收后，客运方面，将建设广州中心城区至香港 市区、澳门市区的跨境水上高速客轮航线。货运方面，广州港外贸物流综合服务能力将大幅提升。 据广州海关消息，12月11日，广州港口岸扩大开放国家验收会议在广州举行，经国家口岸管理办公室组织验收，广州港口岸的琶洲码头、大屿山和三门岛 锚地顺利通过国家验收。这意味着广州港口岸实现了粤港澳大湾区主要城市间立体交通的深度衔接，标志着粤港澳大湾区港口群深度融合发展迈入能级跃 升的新阶段，为粤港澳大湾区基础设施"硬联通"与规则机制"软联通"增添了有力支撑。 琶洲港澳客运码头口岸外景 据介绍，此次通过验收的琶洲港澳客运码头（简称"琶洲码头"）自2019年开始选址建设，目前建有5个500吨级泊位，岸线长度约280米，配套建设6500平 方米的口岸联检楼。2022年9月4日，国务院批准琶洲码头口岸对外开放项目。2023年4月10日，交通运输部批复国际航行船舶临 ...

物泽物流公司的口岸危化品智慧监管平台建设，为交钥匙工程，范围涵盖集装箱智能监控与管理系统的 建设及相应前端摄像机及后端机房支撑环境建设的设计、采购、施工、培训及质量保证期售後服务，包 括满足管控能力提升的视讯前端点位、机房基础设施、网路及安全、技术支援环境，以及相关平台软体 开发。卖方须根据招标文件的规格要求，提供相关服务包括合同设备、技术服务及质量保证期服务。 格隆汇12月19日丨天津港发展(03382.HK)公告，于2025年12月19日，物泽物流公司(公司的附属公司)与 信息公司就平台建设项目订立平台建设合同，代价为人民币31,865,892元(含税)。 ...

Core Viewpoint - Tianjin Port Development (600717) announced a contract for the purchase of ten gantry cranes from Jin'an Heavy Industry for a total price of RMB 185 million (including tax), aimed at enhancing operational efficiency and capacity in large vessel loading and unloading operations [1] Group 1 - The contract is set to be executed by four subsidiaries of the company, addressing the need for improved equipment in large vessel operations [1] - The acquisition of new cranes will effectively improve the aging equipment situation, thereby enhancing the overall operational efficiency of the company [1] - This investment is expected to further elevate the loading and unloading capabilities of the company, ultimately creating greater benefits for the group [1]