锦州港股份有限公司
锦州港股份有限公司

The holding of the semi-annual performance briefing in 2023


Release time:

Oct 09,2023

Stock code: 6 00190/900952 Securities abbreviation: Jinzhou Port/Jingang B shares

Record Form of Investor Relations Activities of Jinzhou Port Co., Ltd.

Number:2023-05-09

Category of Investor Relations Activities

□ Specific object research                 □ Analyst Meetings

□ Media interview                     √ Performance presentation meeting

□ Press conference                   □ Roadshow activity

□ Site visit                     □ Other

Name of Participating Unit and Name of Personnel

Participate in Jinzhou Port2023Half yearDegree

All investors in the online performance briefing

When  Between

2023 years09Month07Day

ground  Point

SSE Roadshow Center

Name of Reception Personnel of Listed Company

Mr. Liu Hui, Vice Chairman and President of the Company, Ms. Li Guiping, Vice President and Secretary of the Board of Directors, Ms. Li Ting, Chief Financial Officer, and Mr. Zhang Guofeng, Independent Director

Introduction to the main contents of investor relations activities

(I) investors ask: how does your company view its positioning in the port market? What are the aspects of the core competitiveness of other port companies?

Company response:Dear investors hello. The company is the most convenient access to Haikou from Mongolia and the Russian Far East, and is a new passage between the western Liaoning corridor and the northeast land and sea.The logistics hub with "ten" characters is the "bridgehead" and gateway port of the new land and sea channel in Northeast China, and the nearest international channel hub for China to obtain energy and mineral resources from Mongolia and Russia. Jinzhou Port is China's domestic trade bulk grain transit first port, domestic trade bulk corn water share for many years to occupy the first place in the northeast eight ports.

The company's core competitiveness is mainly reflected in the hinterland resources development potential and perfect collection and distribution system. The company's hinterland industrial area is concentrated, covering various industrial areas such as the main grain producing areas in the three northeastern provinces and one district, the Liaodong Bay Petrochemical Area, the pilot area of the integration of Liaoning into the Beijing-Tianjin-Hebei coordinated development strategy, and the Mengdong Metallurgical Industrial Zone. There are many industrial enterprises in the industrial area., The industrial chain is complete, and the coal and power resources are rich, providing the company with rich supply support. The company has established a wide range of navigation relations, fully radiating the Pearl River and the Yangtze River water system, bulk liners have opened Chiwan, Mawan, Guangzhou, Huangpu, Shanghai, Zhangzhou, Xiamen and other ports, container liners through the north and south coastal ports.

Questions from (II) investors:What are the main advantages of the company?

Company response:Dear investors hello. The company's main business is mainly composed of oil products, grain, groceries and containers. Among them, containers; crude oil, refined oil and products; domestic trade bulk corn, rice, foreign trade soybeans; nickel ore, copper concentrate, steel, alumina and other goods occupy the main position in our port. Relying on the unique port location and hinterland supply advantages, the company attracts upstream and downstream enterprises in the hinterland to transit to the port with high-quality port services, providing customers with port loading and unloading, storage and other services, and providing tugboat, agent, tally, bonded logistics, trailer transportation, weighing, customs clearance and other port value-added services.

Questions from (III) investors:May I ask the details of the Company's provision for bad debts in other receivables reversed during the reporting period?

Company response:Dear investors hello. Reversal of provision for bad debts by the Company's other receivables for the period47.03 million yuan. This is mainly due to the recovery of the equity transfer of Bora Group in the current period of 350 million yuan and the return of bad debt reserve of 45.5 million yuan; Recovery of Bora Group's capital occupation fee of 69.03 million yuan and return of bad debt reserve of 690000 yuan; Recovery of container asset disposal of 33.16 million yuan and return of bad debt reserve of 330000 yuan; Other changes were transferred back to bad debt reserve of 510000 yuan.

Questions from (IV) investors:Could the company tell us about other non-current financial assets?

Company response:Dear investors hello. The company and Chaoyang haotian nonferrous metals co., ltd ("Chaoyang Haotian") has a creditor's rights and debts, and exercises the right of recourse after suing Chaoyang Haotian. According to the civil mediation statement of the Liaoning Higher People's Court and the judgment of the Jinzhou Intermediate People's Court of Liaoning Province and the ninth company held on December 28, 2018 After deliberation at the twentieth meeting of the board of directors, the company agreed to sign the "Agreement" with Chaoyang Haotian, accepted 200,000,000 shares (2,820,330,000 shares in total share capital) of Century Summit Metals Holdings Limited ("Century Summit") listed on the Philippine Stock Exchange held by Chaoyang Haotian, and the Company's acceptance of 0.2 billion shares accounts for 7.09 of Century Summit's equity. The asset is classified as a financial asset at fair value through profit or loss based on the Company's management's intention to hold the investment and is reported as other non-current financial assets in the balance sheet. The fair value at the end of the period is translated into foreign currency at the closing price of the stock on the Philippine Stock Exchange on the last trading day of the first half of 2023.

(V)Investor Question: Your company experienced a decline in profits in the first half of the year, what are the measures to deal with it in the second half of the year?

Company response:Dear investors hello. The company will pay close attention to changes in the macroeconomic situation, prepare for preventive measures, and improve market resilience. Make overall plans for production planning and operation, improve the ability and level of operation and management, continuously strengthen the collection and distribution system and the construction of inland ports, and consolidate and expand the hinterland of goods. Continuously extend the business tentacles, develop new varieties, increase new sources of goods, seek new sources of goods incremental points, enrich the port source structure. Deep integration at the same time"The belt and road initiative" will promote the construction of new land and sea channels in the northeast, give full play to the functions of hub ports and bridgeheads, build a channel economy, focus on the integrated development of port, industry and city, deeply tap the pulling potential of port resources to the industry, strategically select the investment layout of petrochemical and ore port industries, give full play to the industrial agglomeration effect, provide favorable support for the long-term stability of port supply, and realize the transformation and upgrading of port development.

List of attachments (if any)

None

Day  Period

2023 years09Month07Day

Key words: