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。 海外監管公告 本公告乃青島港國際股份有限公司（「本公司」）根據香港聯合交易所有限公司 證券上市規則第13.10B條作出。 Qingdao Port International Co., Ltd. 青島港國際股份有限公司 （於中華人民共和國成立的股份有限公司） （股份代號：06198） 以下為本公司於上海證券交易所網站（www.sse.com.cn）刊發之《青島港國際股 份有限公司2025年年度報告摘要》，僅供參閱。 承董事會命 青島港國際股份有限公司 董事長 蘇建光 中國·青島，2026年3月30日 於本公告日期，本公司執行董事為蘇建光先生及張保華先生；本公司非執行董事為李武成先 生、吳宇女士、崔亮先生及王芙玲女士；及本公司獨立非執行董事為鄒國強先生、李曉慧女 士及姜省路先生。 青岛港国际股份有限公司 2025 年年度报告摘要 公司代码：601298 公司简称：青岛港 青岛港国际股份有限公司 2025 ...

Core Viewpoint - Qingdao Port's stock performance shows a slight decline, with a focus on financing and margin trading activities indicating low financing levels and high margin trading levels [1][2]. Financing Summary - On February 11, Qingdao Port experienced a financing buy-in of 6.15 million yuan, with a net financing outflow of -1.27 million yuan, indicating a low demand for financing [1]. - The total financing and margin trading balance for Qingdao Port reached 73.11 million yuan, with the financing balance accounting for 0.14% of the circulating market value, which is below the 10th percentile level over the past year [1]. Margin Trading Summary - On the same day, Qingdao Port saw a margin repayment of 2,300 shares and a margin sell-out of 500 shares, with the sell-out amounting to 4,710 yuan based on the closing price [1]. - The margin trading balance stood at 350,400 yuan, which is above the 70th percentile level over the past year, indicating a relatively high level of margin trading activity [1]. Company Overview - Qingdao Port International Co., Ltd. was established on November 15, 2013, and listed on January 21, 2019. Its main business includes loading and unloading various goods such as containers, metal ores, coal, and crude oil, along with logistics and port value-added services [2]. - As of September 30, the company reported a revenue of 14.24 billion yuan for the first nine months of 2025, reflecting a year-on-year growth of 1.86%, and a net profit attributable to shareholders of 4.18 billion yuan, up 6.33% year-on-year [2]. Dividend Summary - Since its A-share listing, Qingdao Port has distributed a total of 13.77 billion yuan in dividends, with 6.64 billion yuan distributed over the past three years [3]. Institutional Holdings - As of September 30, 2025, the top ten circulating shareholders of Qingdao Port include notable entities such as the Southern S&P China A-share Large Cap Dividend Low Volatility 50 ETF, which increased its holdings by 2.88 million shares [3].

Core Insights - Zhangjiagang Port has shown significant growth in January 2024, with a total cargo throughput of 22.52 million tons, representing a year-on-year increase of 19.3% [1] - The container throughput reached 105,700 TEUs, also reflecting an 11.4% increase compared to the previous year [1] - The port's development is supported by a three-year action plan aimed at high-quality growth, focusing on hardware upgrades, route expansion, and service improvement [1] Group 1: Cargo and Container Performance - In January 2024, Zhangjiagang Port's foreign trade import and export volume was 6.51 million tons, marking an 11.4% year-on-year increase [1] - The port's container throughput of 105,700 TEUs indicates a robust performance, contributing to the overall economic resilience of the port [1] Group 2: Infrastructure and Operational Enhancements - The stable navigation conditions of the shipping channels have been crucial for achieving over 22 million tons in cargo throughput [1] - Ongoing dredging projects for specific waterways have enabled 50,000-ton vessels to dock at any time, reducing waiting times and logistics costs for businesses [1] Group 3: Strategic Partnerships and Service Expansion - Zhangjiagang Port has strengthened its operational network by collaborating with Shanghai Port Group and feeder line companies, enhancing the "Alliance Route" operations [2] - The port has diversified its services by expanding the "bulk to container" business for coke, achieving a throughput of 25,000 TEUs [2] - The port has also secured new operational qualifications for nickel hydroxide cargo, facilitating a 27.3% increase in lithium battery exports in 2025 [2]

Core Viewpoint - Qingdao Port is positioned favorably due to its strategic location and recent agreements, which are expected to enhance its operational performance and growth potential in the shipping and logistics sector [2][3]. Group 1: Company Overview - Qingdao Port International Co., Ltd. is located in Qingdao, Shandong Province, and was established on November 15, 2013, with its listing date on January 21, 2019 [6]. - The company primarily engages in the handling of containers, metal ores, coal, crude oil, and provides logistics and port value-added services, among others [6]. - As of September 30, 2025, Qingdao Port reported a revenue of 14.238 billion yuan, representing a year-on-year growth of 1.86%, and a net profit attributable to shareholders of 4.180 billion yuan, with a growth of 6.33% [6]. Group 2: Market Position and Performance - Qingdao Port is recognized as a century-old port and a key node in the "Belt and Road" initiative, ranking as the seventh largest port globally [2]. - The company has shown steady growth in revenue and profitability, with its main business segments being cargo handling and related services (56.72% of revenue) and logistics and port value-added services (36.96% of revenue) [6]. - The stock has a current average trading cost of 8.16 yuan, with a price range between resistance at 9.75 yuan and support at 9.04 yuan, indicating potential for trading within this range [5]. Group 3: Recent Developments - A cooperation agreement has been signed between Huawei and Qingdao Port to accelerate the development of smart port operations in major domestic ports [3]. - The company has seen a net inflow of -30.62 million yuan from major funds today, with a continuous reduction in major fund holdings over the past three days [4]. - The distribution of shares among major holders is quite dispersed, with major transactions accounting for only 7.55% of total trading volume [4].

Core Viewpoint - Qingdao Port is positioned favorably due to its strategic location and recent agreements, which are expected to enhance its operational performance and growth potential [2][6]. Group 1: Company Overview - Qingdao Port International Co., Ltd. is located in Shandong Province and was established on November 15, 2013, with its listing date on January 21, 2019 [6]. - The company primarily engages in the handling of containers, metal ores, coal, crude oil, and provides logistics and port value-added services [6]. - Revenue composition includes 56.72% from handling and related services, 36.96% from logistics and port value-added services, and smaller percentages from other port-related services [6]. Group 2: Financial Performance - For the period from January to September 2025, Qingdao Port achieved operating revenue of 14.238 billion yuan, representing a year-on-year growth of 1.86%, and a net profit attributable to shareholders of 4.180 billion yuan, up 6.33% year-on-year [6]. - The company has distributed a total of 13.770 billion yuan in dividends since its A-share listing, with 6.638 billion yuan distributed over the past three years [7]. Group 3: Market Activity - On January 15, Qingdao Port's stock rose by 0.36%, with a trading volume of 107 million yuan and a turnover rate of 0.24%, bringing the total market capitalization to 54.006 billion yuan [1]. - The stock has seen a net inflow of 7.5767 million yuan from major investors today, ranking 7th out of 35 in its industry [3][4]. Group 4: Strategic Partnerships - Huawei has signed a cooperation agreement with Qingdao Port to accelerate the development of smart port operations in major domestic ports [3]. Group 5: Industry Context - Qingdao Port is strategically located near South Korea and benefits from the China-South Korea Free Trade Agreement, enhancing its role as a key player in the Northeast Asia port network [2]. - The port is recognized as a significant node in the Belt and Road Initiative and is the only comprehensive operator in the Qingdao Port area, which is the seventh largest port globally [2].

Core Viewpoint - The Yangshan Port is experiencing significant growth in international shipping activities, with increased vessel inspections and crew handling, driven by ongoing trade expansion and upgrades in port facilities [1] Group 1: Shipping Activities - In 2025, Yangshan Border Inspection Station reported over 10,500 international vessels inspected, a 4.2% increase from 2024 [1] - The number of crew members inspected reached over 259,000, marking a nearly 4.7% growth compared to 2024 [1] - The station processed over 15,000 crew rotations, reflecting a nearly 16% increase from the previous year [1] Group 2: Port Efficiency - The average time vessels spent at the port in 2025 was only 23 hours, indicating improved operational efficiency [1] - Yangshan Port has maintained a high level of international vessel traffic, surpassing 10,000 vessels for two consecutive years [1] Group 3: Container Throughput - In 2025, the container throughput at Yangshan Port exceeded 28 million TEUs, with both Shengdong and Guandong terminals each surpassing 10 million TEUs [1] - The Shangdong terminal achieved a throughput of over 8 million TEUs [1] Group 4: Future Growth Potential - The development of the northern coastline of Xiaoyangshan Island and the operational maturity of the new gas terminal at Yangshan Port are expected to provide new growth opportunities for the port [1]

Core Viewpoint - The arrival of the container ship "CMA CGM Santiago" at Ningbo-Zhoushan Port marks the beginning of the port's operations for the year, highlighting the port's capacity and efficiency in handling large vessels [2][6]. Group 1: Vessel and Operations - The "CMA CGM Santiago" is 328 meters long and has a deadweight tonnage of over 117,000 tons, with plans to dock for 15 hours to complete the loading and unloading of approximately 2,000 natural boxes [2]. - The vessel's arrival is part of the port's strategy to enhance operational efficiency and capacity [2]. Group 2: Safety and Efficiency Measures - Maritime authorities have implemented real-time weather and sea condition monitoring, along with advance warnings to ensure the safe and efficient docking of the vessel [5]. - The Zhoushan Maritime Bureau has established an information-sharing mechanism with the port and shipping agents to optimize inspection processes, promoting a "one-stop" joint inspection model [5]. Group 3: Performance Metrics - In 2025, the Ningbo-Zhoushan Port's container terminal achieved an annual throughput of 3.882 million TEUs, representing a year-on-year increase of 45.6% [6]. - The total number of vessels that docked at the port reached 4,131, marking a 27% increase year-on-year, indicating significant growth in both core metrics [6]. - The port's cargo and container throughput surpassed 1.4 billion tons and 40 million boxes, respectively, achieving a historic milestone [6].

Group 1 - Qingdao Port's stock price decreased by 0.47% on December 9, with a trading volume of 75.85 million yuan [1] - The financing buy-in amount for Qingdao Port on the same day was 4.61 million yuan, while the financing repayment was 10.71 million yuan, resulting in a net financing outflow of 6.10 million yuan [1] - As of December 9, the total balance of margin trading for Qingdao Port was 10.7 million yuan, which is 0.23% of its market capitalization and above the 50th percentile level over the past year [1] Group 2 - Qingdao Port International Co., Ltd. was established on November 15, 2013, and listed on January 21, 2019, with its main business involving the handling of various goods including containers, metal ores, coal, and crude oil [2] - The revenue composition of Qingdao Port includes 56.72% from handling and related services, 36.96% from logistics and port value-added services, and smaller percentages from other port-related services [2] - For the period from January to September 2025, Qingdao Port achieved an operating income of 14.24 billion yuan, a year-on-year increase of 1.86%, and a net profit attributable to shareholders of 4.18 billion yuan, up 6.33% year-on-year [2] Group 3 - Qingdao Port has distributed a total of 12.82 billion yuan in dividends since its A-share listing, with 5.69 billion yuan distributed over the past three years [3] - As of September 30, 2025, the number of shareholders of Qingdao Port increased by 7.23% to 38,300, with no change in the average circulating shares per person [3] - Notable institutional shareholders include the Southern S&P China A-share Large Cap Dividend Low Volatility 50 ETF, which increased its holdings by 2.88 million shares, and the Hong Kong Central Clearing Limited, which increased its holdings by 3.07 million shares [3]

Core Insights - The company reported a total cargo throughput of 29.4854 million tons in November, reflecting a year-on-year increase of 0.29% [1] - The container throughput reached 907,100 TEUs, showing a significant year-on-year growth of 13.51% [1] Summary by Category Cargo Throughput - November cargo throughput was 29.4854 million tons, with a slight increase of 0.29% compared to the same month last year [1] Container Throughput - The container segment achieved a throughput of 907,100 TEUs, marking a robust year-on-year growth of 13.51% [1]

Core Insights - Ningbo-Zhoushan Port has successfully achieved a container throughput of 40 million TEUs in 2025, marking the first time it has surpassed this milestone in a year [2]. Group 1 - The container throughput of 40 million TEUs is equivalent to a total length of 240,000 kilometers if lined up end to end, which can circle the equator six times [7]. - If stacked vertically, the height would exceed 104,000 kilometers, which is 2.8 times higher than the distance of the highest Beidou satellite from the ground [7]. - On average, over 80 standard containers are loaded and unloaded every minute at Ningbo-Zhoushan Port, indicating a high operational efficiency [7].