标的资产经营受国际贸易摩擦影响有限 公告披露，标的资产外贸业务收入占比约70%，主要涉及东南亚、北美、欧洲等航线。2025年1-8月， 受美国关税政策调整影响，北美线吞吐量同比下降24.40%，收入减少16.75%，但由于北美线收入占比 仅8.24%，且公司通过拓展东南亚、欧洲航线（同期收入分别增长5.31%、31.22%），整体外贸收入仍 实现6.96%增长。 报告期内，标的资产前五大客户交易金额保持稳定，2025年1-8月合计交易金额同比增长6.63%，吞吐量 同比下降5.80%。其中，客户A、C、D吞吐量分别增长5.30%、5.00%、12.35%，主要通过优化航线布局 和提升本地重箱占比对冲部分负面影响。公司同时采取拓展海铁联运（同比增长7.68%）、跨境电商业 务（同比增长62.19%）等措施，2025年1-8月整体营业收入同比增长4.74%。 关联交易占比高但定价公允 来源：新浪财经-鹰眼工作室 厦门港务发展股份有限公司（证券代码：000905，简称"厦门港务"）于2025年12月发布《关于深圳证券 交易所〈关于厦门港务发展股份有限公司发行股份购买资产并募集配套资金申请的审核问询函〉的回复 (修订 ...

Core Viewpoint - Xiamen Port Development Co., Ltd. is implementing a "Quality and Return Improvement" action plan to enhance investor confidence and promote sustainable development, aligning with national policies to boost capital market activity and improve the quality of listed companies [1][2]. Group 1: Asset Integration and Business Development - The company plans to acquire controlling interest in Xiamen Container Terminal Group, which is expected to significantly increase its asset and profit scale. Projected net profit will rise from 200 million yuan to 596 million yuan, an increase of 198.43%, and earnings per share will grow from 0.27 yuan to 0.39 yuan, a 44.44% increase [1][2]. - The acquisition will create a dual-driven business model of "containers + bulk cargo," enhancing the company's core competitiveness and establishing it as a comprehensive modern port logistics service provider [2]. Group 2: Dividend Policy and Investor Returns - The company has established a three-year dividend plan (2024-2026) to distribute at least 30% of the average annual distributable profit in cash, with a total cash dividend of 80,115,436.48 yuan planned for 2024 [3][4]. - Post-restructuring, the company aims to increase the dividend payout ratio to 60% of the annual distributable profit from 2025 to 2027, enhancing shareholder returns and creating a high-dividend asset profile [4]. Group 3: Technological Innovation and Sustainability - The company is committed to integrating modern technologies such as AI, 5G, and blockchain into port logistics, focusing on smart port construction and green development [5][6]. - It has successfully participated in various projects aimed at enhancing port functionality and sustainability, including the development of smart logistics platforms and green port initiatives [6][10]. Group 4: Corporate Governance and Information Disclosure - The company is enhancing its governance structure by improving internal controls and decision-making processes, ensuring compliance with relevant laws and regulations [7][8]. - It is committed to high-quality information disclosure, ensuring transparency and effective communication with investors to build trust and convey the company's value [8]. Group 5: Social Responsibility and ESG Commitment - The company actively engages in community service and social responsibility initiatives, contributing to various social causes and promoting environmental sustainability [9][10]. - It aims to become a responsible corporate citizen and a key player in achieving carbon neutrality in the port industry, aligning its operations with ESG principles [10].

8月5日晚厦门港务（000905）公告称，公司拟通过发行股份及支付现金的方式向国际港务购买其持有的 集装箱码头集团70%股权，并向不超过35名符合条件的特定对象发行股份募集配套资金，交易价格 61.78亿元。 由于国际港务为厦门港务的控股股东，本次交易构成关联交易，构成重大资产重组。 公开资料显示，厦门港务是福建省港口集团旗下唯一的港口上市平台，厦门港大型的散杂货码头与综合 物流服务商，厦门象屿（600057）综合保税区的投资运营商。公司主要从事散杂货码头投资与运营、临 港综合物流服务与贸易供应链业务，业务贯穿船舶、货物进出港所涉及的码头装卸、拖轮助泊、船舶代 理、理货检验、货代报关、仓储堆场、运输配送、港口贸易等环节，构成了完整、高效的港口物流供应 链服务链条。 集装箱码头集团成立于2013年，注册资本24.37亿元，由国际港务100%持股，主要从事集装箱码头装卸 与堆存业务。 根据交通运输部水运科学研究院预测，2025年沿海港口货物吞吐量同比增长约2%，增速较2024年有所 回落，预计第一季度平稳开局，第二、三季度在去年同期低基数基础上增速有所回升，第四季度港口生 产将保持平稳发展态势。 厦门港务表示，集 ...