Core Viewpoint - The company, Nanjing Port, is a major player in the storage and transshipment of crude oil and liquid chemical products, benefiting from its strategic location in the economically vibrant Yangtze River Delta region [2][3]. Company Overview - Nanjing Port is primarily engaged in the storage and transshipment of crude oil, refined oil, liquid chemical products, and general cargo, with a significant focus on container services [2][7]. - The company is state-owned, with its ultimate control resting with the Jiangsu Provincial Government's State-owned Assets Supervision and Administration Commission [3]. - As of October 10, the number of shareholders for Nanjing Port reached 46,200, an increase of 2.76% from the previous period [7]. Financial Performance - For the first half of 2023, Nanjing Port reported a revenue of 506 million yuan, reflecting a year-on-year growth of 5.66%, with a net profit attributable to shareholders of 89.25 million yuan [7]. - The main revenue sources include container handling and services (75.81%), chemical product handling and services (21.04%), and other income (3.03%) [7]. Market Activity - On October 27, Nanjing Port's stock price decreased by 0.34%, with a trading volume of 580 million yuan and a turnover rate of 10.10%, leading to a total market capitalization of 5.65 billion yuan [1]. - The stock has seen a net outflow of 27.7 million yuan from major investors today, indicating a trend of reduced holdings over the past few days [4][5]. Technical Analysis - The average trading cost of the stock is 11.78 yuan, with the current price fluctuating between resistance at 11.98 yuan and support at 10.69 yuan, suggesting potential for range trading [6].