来源：新浪证券-红岸工作室 8月29日，辽港股份涨1.22%，成交额3.36亿元。两融数据显示，当日辽港股份获融资买入额3927.85万 元，融资偿还3412.55万元，融资净买入515.30万元。截至8月29日，辽港股份融资融券余额合计2.43亿 元。 融资方面，辽港股份当日融资买入3927.85万元。当前融资余额2.40亿元，占流通市值的0.77%，融资余 额低于近一年40%分位水平，处于较低位。 融券方面，辽港股份8月29日融券偿还100.00股，融券卖出4.02万股，按当日收盘价计算，卖出金额6.67 万元；融券余量183.63万股，融券余额304.83万元，超过近一年60%分位水平，处于较高位。 资料显示，辽宁港口股份有限公司位于辽宁省大连保税区大窑湾新港商务大厦，成立日期2005年11月16 日，上市日期2010年12月6日，公司主营业务涉及油品/液体化工品码头及相关物流业务(油品部分);集装 箱码头及相关物流业务(集装箱部分);汽车码头及相关物流业务(汽车码头部分);散杂货码头及相关物流业 务(散杂货部分);散粮码头及相关物流业务(散粮部分);客运滚装码头及相关物流业务(客运滚装部分)及港 口增 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部分內容而產生或因依賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 * （ 於 中 華 人 民 共 和 國 註 冊 成 立 之 外 商 投 資 股 份 有 限 公 司 ） （股票代碼：2880） 海外監管公告 本公告乃依據香港聯合交易所有限公司證券上市規則第13.10B條 作 出。 承董事會命 遼寧港口股份有限公司 王慧穎 公司秘書 獨 立 非 執 行 董 事： 劉 春 彥、程 超 英 及 陳 維 曦 中國遼寧省大連市 二零二五年八月二十八日 於 本 公 告 日 期，董 事 會 成 員 是： 執 行 董 事： 李國鋒及魏明暉 非 執 行 董 事： 王 柱、黃 鎮 洲 及 楊 兵 * 本公司根據修改前的香港公司條例第XI部（即 已 於 二 零 一 四 年 三 月 三 日 生 效 之 公 司 條 例 第 十 六 部）登 記 為 非 香 港 公 司，英 文 名 稱 為「Liaoning Port Co., L ...

Group 1 - The core viewpoint of the news highlights the recent trading performance of Liaoport Co., which experienced a decline of 1.83% on August 27, with a trading volume of 224 million yuan [1] - On August 27, Liaoport Co. had a financing buy-in amount of 33.44 million yuan and a financing repayment of 39.14 million yuan, resulting in a net financing outflow of 5.70 million yuan [1] - As of August 27, the total margin balance for Liaoport Co. was 243 million yuan, with the financing balance at 240 million yuan, accounting for 0.80% of the circulating market value, indicating a low level compared to the past year [1] Group 2 - Liaoport Co. was established on November 16, 2005, and listed on December 6, 2010, with its main business involving various port and logistics services, including oil, containers, automobiles, and bulk goods [2] - For the first quarter of 2025, Liaoport Co. reported an operating income of 2.527 billion yuan, a year-on-year decrease of 12.51%, and a net profit attributable to shareholders of 204 million yuan, down 45.09% year-on-year [2] - The company has distributed a total of 5.342 billion yuan in dividends since its A-share listing, with 1.439 billion yuan distributed in the last three years [3] Group 3 - As of March 31, 2025, the number of shareholders for Liaoport Co. was 229,300, a decrease of 0.82% from the previous period [2] - The top ten circulating shareholders include the Southern CSI 500 ETF, which holds 96.3767 million shares, a reduction of 10.7956 million shares compared to the previous period [3]

Core Viewpoint - The company, Liaoning Port Co., Ltd., operates as a comprehensive port operator in Northeast China, focusing on various logistics services and benefiting from favorable trade agreements and regional economic initiatives [2][3][8]. Company Overview - Liaoning Port Co., Ltd. was established on November 16, 2005, and listed on December 6, 2010. Its main business includes oil/liquid chemical products terminal and related logistics, container terminal and related logistics, automobile terminal and related logistics, bulk cargo terminal and related logistics, grain terminal and related logistics, passenger roll-on/roll-off terminal and related logistics, as well as port value-added and support services [7][8]. - The company is the largest comprehensive terminal operator in Northeast China, with a unified operation platform for port logistics in Dalian, leveraging its advantageous natural conditions and management capabilities [2][3]. Business Performance - For the period from January to March 2025, the company reported operating revenue of 2.527 billion yuan, a year-on-year decrease of 12.51%, and a net profit attributable to shareholders of 204 million yuan, down 45.09% year-on-year [8]. - The company's revenue composition is primarily from services (94.73%), with minor contributions from other sources [8]. Market Position and Trends - The company is positioned as a key player in the Northeast Asia international shipping center and the Liaoning coastal economic belt development, benefiting from the China-South Korea Free Trade Agreement [3][4]. - The company has a total of 70 near-sea routes, enhancing its operational capabilities in the region [3]. Financial Analysis - The stock has seen a net inflow of 21.12 million yuan from main funds today, with a total market capitalization of 38.488 billion yuan [1][4]. - The average trading cost of the stock is 1.53 yuan, with the current price approaching a resistance level of 1.62 yuan, indicating potential for upward movement if the resistance is broken [6]. Shareholder Information - As of March 31, 2025, the company had 229,300 shareholders, a decrease of 0.82% from the previous period [8]. - The top ten circulating shareholders include the Southern CSI 500 ETF, which holds 96.3767 million shares, down by 10.7956 million shares from the previous period [9].

Investment Rating - The report assigns an "Accumulate" rating for Liaoport Co., Ltd. (601880.SH) [3] Core Views - Liaoport Co., Ltd. is the largest comprehensive terminal operator in Northeast China, with strong business integration. The company has enhanced its overall strength following the absorption and merger of Yingkou Port in 2021. Although the company's early performance was impacted by oil business, it is expected to recover in 2025 as it continues to expand container shipping resources and seek growth in oil business, while the grain transportation business has room for growth under the "North Grain South Transport" pattern [1][8]. Financial Data and Valuation - Total revenue for 2023 is projected at 12,220 million yuan, with a year-on-year growth of 2%. Revenue is expected to decline by 9% in 2024, followed by a recovery with a 4% increase in 2025 [2] - Operating profit for 2025 is estimated at 2,240 million yuan, reflecting a 24% year-on-year growth [2] - Net profit attributable to shareholders is expected to be 1,403 million yuan in 2025, representing a 23% increase compared to 2024 [2] - The company’s current price-to-earnings (PE) ratio is 26.2, and the price-to-book (PB) ratio is 0.9 [2] Business Overview - Liaoport Co., Ltd. operates in various segments including oil products, containers, bulk cargo, and grain, with a strong focus on container and bulk cargo contributing significantly to profits. The company has faced short-term performance pressure due to a decline in high-margin cargo volumes such as iron ore and steel [8][26] - The company has a total of 180 operational berths, with 154 being over 10,000 tons, and a throughput capacity exceeding 600 million tons [13] - Container throughput for 2024 is projected at 10.86 million TEU, with a year-on-year growth of 5.8% [22] - The grain business is expected to grow steadily, with a projected throughput of 15.63 million tons in 2024, reflecting a 2.3% increase [8][22] Industry Insights - The container business in the national port sector continues to show steady growth, with a 4.2% year-on-year increase in container throughput in the first half of 2025 [46] - The bulk cargo sector is experiencing pressure due to domestic demand, particularly in coal and iron ore, with coal throughput in northern ports declining by 5.5% in 2024 [54][58] - The ongoing integration of ports in Liaoning Province is expected to enhance operational efficiency and provide room for rate increases in port services [70][73]

Group 1 - The company, Liaoport Co., Ltd. (SH 601880), announced on August 5 that as of the end of July 2025, it has repurchased approximately 334 million A shares, accounting for 1.3959% of the total share capital as of July 31, 2025, with a total expenditure of approximately RMB 545 million [2] - The highest purchase price for the repurchased shares was RMB 1.76 per share, while the lowest was RMB 1.45 per share [2] Group 2 - For the fiscal year 2024, the revenue composition of Liaoport Co., Ltd. is as follows: container terminal and related logistics business accounted for 34.59%, bulk cargo terminal and related logistics business accounted for 33.52%, port value-added and support services accounted for 11.06%, oil and liquid chemical terminal and related logistics business accounted for 10.08%, and grain terminal and related logistics business accounted for 6.23% [2]

来源：新浪证券-红岸工作室 8月5日，辽港股份涨2.60%，成交额3.16亿元，换手率1.05%，总市值377.71亿元。 今日主力净流入-357.57万，占比0.01%，行业排名26/35，连续3日被主力资金减仓；所属行业主力净流 入-7802.03万，连续3日被主力资金减仓。 区间今日近3日近5日近10日近20日主力净流入-383.24万-1014.23万-3370.94万-4430.89万-5097.25万 主力持仓 异动分析 航运概念+统一大市场+中韩自贸区+一带一路+区块链 1、公司的主营业务为油品/液体化工品码头及相关物流业务(油品部分)；集装箱码头及相关物流业务(集 装箱部分)；汽车码头及相关物流业务(汽车部分)；散杂货码头及相关物流业务(散杂货部分)；散粮码头 及相关物流业务(散粮部分)；客运滚装码头及相关物流业务(客运滚装部分)及港口增值与支持业务(增值 服务部分)。公司是东北亚地区进入太平洋、面向世界最为便捷的海上门户，配有完善的运输网络，是 我国主要的海铁联运及海上中转港口之一。 2、公司作为大连港港口物流业务的统一运作平台，将充分利用优越的自然条件，发扬自身经营管理优 势，持续发挥在大 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部分內容而產生或因依賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 * （ 於 中 華 人 民 共 和 國 註 冊 成 立 之 外 商 投 資 股 份 有 限 公 司 ） （股票代碼：2880） 海外監管公告 本公告乃依據香港聯合交易所有限公司證券上市規則第13.10B條 作 出。 以下為遼寧港口股份有限公司於上海證券交易所網站(www.sse.com.cn)（股 票 代 碼：601880）刊 載 的 公 告。 承董事會命 遼寧港口股份有限公司 王慧穎 * 僅供識別 辽宁港口股份有限公司 2024 年年度报告摘要 公司代码：601880 公司简称：辽港股份 公司秘書 中華人民共和國遼寧省大連市 二零二五年三月二十七日 在 此 公 告 發 佈 日 期，董 事 會 成 員 是： 執 行 董 事： 王志賢及魏明暉 非 執 行 董 事： 李 國 鋒、王 柱、黃 鎮 洲 及 楊 兵 獨 立 非 執 行 董 事： ...