Lianyungang Port(SH:601008)2024-12-19 08:35Summary of the Conference Call for Jiangsu Lianyungang Port Co., Ltd. Company Overview - Company Name: Jiangsu Lianyungang Port Co., Ltd. - Stock Code: 601008 - Announcement Number: 临2024-048 - Date of Investor Meeting: December 19, 2024 - Conducted by: Pacific Securities - Attendees: Secretary of the Board Sha Xiaochun, Securities Affairs Representative Wei Dexin [1][2] Key Points Discussed Industry and Company Performance - Throughput Volume: In the first half of 2024, the company achieved a throughput of 39.1932 million tons, representing a year-on-year increase of 9.91% [2] - Acquisition Impact: The increase in throughput is attributed to the acquisition of 51% equity in New Oriental Container and 100% equity in New Yi Port completed at the end of 2023, with the same-caliber throughput being compared year-on-year [2] Cargo Types - Major Cargo Types: The company handles a variety of bulk cargo, with significant volumes in coal, iron ore, and machinery [2] Subsidiary Operations - Routes of Subsidiary: Lianyungang Zhonghan Ferry Co., Ltd. currently operates two routes to South Korea: Lianyungang-Incheon and Lianyungang-Pyeongtaek [3] Share Transfer Progress - Share Transfer Status: The transfer agreement between the controlling shareholder and Shanghai Port Group has received approval from the state-owned asset management department. However, it still requires review from the State Administration for Market Regulation and compliance confirmation from the Shanghai Stock Exchange before the transfer can be processed [3] Risk Advisory - Investment Risks: The company advises investors to refer to official announcements on the Shanghai Stock Exchange website and other legal disclosure media for accurate information, urging rational investment and caution regarding investment risks [4] Additional Notes - The meeting was conducted in a face-to-face format, indicating a direct engagement with institutional investors [1]