锦州港股份有限公司
锦州港股份有限公司

2021 Annual Performance Statement Meeting


Release time:

Jul 05,2022

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

Stock code: 600190/900952 Stock abbreviation: Jinzhou Port/Jingang B shares

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

Number: 2022-05-06

Category of Investor Relations Activities

□ Specific object research □ Analyst meeting

□ Media interview √ Performance presentation

□ Press conference □ Road show

□ Site visit □ Other

Name of Participating Unit and Name of Personnel

Attend Jinzhou Port 2021

All investors in the online performance briefing

Time

May 06, 2022

Location

SSE Roadshow Center

Name of Reception Personnel of Listed Company

Mr. Xu Jian, Chairman; Mr. Liu Hui, Vice Chairman and President; Ms. Li Guiping, Vice President and Secretary of the Board of Directors; Ms. Li Ting, Chief Financial Officer and Mr. Zhang Guofeng and Mr. Song Tiange, Independent Directors

Introduction to the main contents of investor relations activities

(I) Investor Question: May I ask the main difficulties encountered by enterprises in the current epidemic situation and the measures to deal with them?

  Company ReplyDear investors, hello! Under the influence of the epidemic control and the national energy consumption dual control policy, the company has caused certain impacts and adverse effects on customer development, business development, production organization and port industry development. In the face of the complex production and operation environment, the board of directors and management of the company continue to firmly implement the development direction and strategic goal of "strengthening the main business plate, expanding the non main business plate, and speeding up the construction of the port industry". At the same time, actively take measures to timely adjust the business strategy, develop new markets and new sources of goods, enhance and improve internal management, stabilize the main business, and enhance the efficiency of collection and distribution.

(II) investor question: compared with other port listed companies, what is the most attractive advantage to investors?

Company ReplyDear investors, hello! In terms of location conditions, Jinzhou Port is located in the Bohai Rim Economic Circle, with coastal and border location advantages. It connects with the Bohai Rim Economic Circle, integrates into the Northeast Asian Economic Circle, and is an important node of the China-Mongolia-Russia Economic Corridor. It has superior natural conditions and location. advantage. In terms of port services, relying on the basic advantages of port transportation, the company promotes cooperation with the hinterland port city and the port railway to build a logistics operation system of "port channel inland port", and develops supply chain finance with grain, ore and other goods as the entry point. Service, gather information on ports, shipping, logistics, trade, finance, credit guarantee, taxation, customs, etc., and provide information-based smart services. In terms of policy advantages, the company currently enjoys the policy advantages of the country's revitalization of the northeast old industrial base and the construction of the Liaoning "5.1 Line" coastal industrial base. The 10 square kilometers around Jinzhou Port has been included in the key support of the "5.1 Line" coastal economic belt by the Liaoning Provincial Government In the area, new projects in this area enjoy corresponding preferential policies.

(III) investor's question: What has the company done as a bridgehead for the construction of a new northeast land-sea corridor?

Company ReplyDear investors, hello! At this stage, the company has opened Jinzhou China-Europe train, and fully promote the Zhuhai port sea-rail road-rail multimodal transport business, respectively, from the source of goods development, customs inspection, railway connectivity, combing multimodal transport links, seeking overseas cooperation, international logistics park construction and other multi-angle, all-round to promote the work. In order to ensure the smooth development of multimodal transport business in the future, stabilize the supply base and realize the forward movement of port business, the company has successively set up inland port companies in Tongliao, Chaoyang, Chifeng, Xilingol and Qiqihar cities (leagues) since April 2021. Relying on the location advantages and resource endowment of each city league, the company has built a multimodal transport ecosystem with Jinzhou Port as the core and each city league's inland port as the strategic fulcrum. In addition, Jinzhou Port Bonded Logistics Center (Type B), as the only bonded logistics center in Jinzhou City, can solve the problems of bonded and tax rebates for import and export trade enterprises and export processing enterprises in Jinzhou City and surrounding areas, and will promote the international logistics of Jinzhou Port. The formation of new forms of distribution promotes the development of Jinzhou's export-oriented economy. The company also participated in the establishment of the Liaoning Commodity Trading Service Center, based on the service of the northern real economy as the development direction, to promote cement and cement clinker customers to carry out online business.

(IV) investors asked: as an important node of "transporting grain from the north to the south", what is the grain supply situation in the first quarter?

Company ReplyDear investors, hello! In the first quarter, the company took effective combination of market and site and efficient coordination of departments as its starting point, and further consolidated the position of Jinzhou Port as a hub port for north-south grain transportation by supporting trade development and drainage of goods, stabilizing the share of domestic corn, striving for foreign trade and landing goods, actively expanding new varieties, expanding effective storage capacity of the port, and striving for imported landing goods. In the first quarter, the grain throughput increased by 69% compared with the same period last year, and the share of domestic corn launching accounted for 36.9 of the eight ports in Northeast China, an increase of 5.4 over the same period last year, still ranking first among the eight ports in Northeast China.

(V) investors asked: Saudi Aramco in the northeast Panjin region to build a 10 billion refining and chemical joint plant, the future will be possible to reach a cooperative relationship?

Company ReplyDear investors, hello! The company also noted from public information that Saudi Aramco will participate in the development of a large-scale integrated refining and chemical plant in Northeast China, and there is no further information on the project. The Liaodong Bay Refinery Company is a key area for the development of the Company's oil products business, and the Company will continue to monitor the progress of the project.

(VI) Investor Question: Why did your company terminate its private offering?

Company response:Dear investors hello! In view of the company's non-public issuance of shares of the shareholders meeting resolution and authorization validity period is approaching, and the non-public issuance plan has been disclosed for a long time, the internal and external objective environment has changed, based on the domestic economic conditions and capital market performance, comprehensive consideration of the company The actual situation, market value performance, financing opportunities and other factors, in order to fully and effectively protect the vital interests of you, other shareholders, small and medium investors, after full in-depth demonstration and prudent analysis, the company decided to terminate the non-public offering of A shares. For more information, please refer to the "Announcement of Jinzhou Port Co., Ltd. on Termination of Non-public Issuance of A Shares in 2021" (Announcement No.: Pro 2022-029) disclosed by the company on the Shanghai Stock Exchange on April 29.

(VII) investor question: Will the company's sale of Bora Chemical's equity be recovered on time?

Company ReplyDear investors, hello! Up to now, the company has received a total of 1,068.0661 million yuan for equity transfer and 212.4038 million yuan for capital occupation. There are still 1 billion yuan for unexpired equity transfer and corresponding capital occupation fees to be recovered. The company will continue to pay attention to the production and operation, financial credit and other conditions of the Bora Group, carefully assess the risk of receivables, formulate effective countermeasures, ensure the recovery of relevant funds, and timely fulfill the obligation of information disclosure.

(VIII) investor question: What is the current situation of the development of the company's sea-rail intermodal transport business?

Company ReplyDear investors, hello! In recent years, the company has actively integrated into the national "Belt and Road Initiative" strategy, taking the construction of a new land-sea channel in the northeast as an opportunity to vigorously implement the sea-rail intermodal transport strategy, and the freight container throughput has increased from 16000 TEUs in 2016 to 64000 TEUs in 2021, with an increase of 293 in five years. At present, the company's epidemic prevention and control, production and operation of two hands, to ensure the effective docking of business, to ensure the steady growth of sea-rail intermodal operations, and to create a single-day maximum unloading volume of more than 700 standard boxes and other records. In order to continuously deepen the construction of major logistics channels based on sea-rail combined transport, Jinzhou Port gives full play to the advantages of port, ship and railway, contracts long-distance supply of goods, stabilizes route operation, and reduces the stoppage of non-production operations, with a direct rate of more than 75%, which not only reduces the comprehensive logistics cost for customers, but also realizes the company's cost reduction and efficiency increase. In the future, Jinzhou Port will take "revolution to rail, revolution to water" as the development direction, in-depth implementation of the national "double cycle" development strategy, open up train doors, continue to expand the radiation radius and coverage, and strengthen customer business cooperation in the northeast and eastern Mongolia. Provide more choices and better services for hinterland enterprises.

(IX) investor question: May I ask what are the company's main construction projects currently under construction and whether they are being built as planned?

Company ReplyDear investors, hello! As of December 31, 2021, the company's main construction projects under construction include the modern grain logistics project (phase I), the reconstruction project of the 301# crude oil berth in the third port of Jinzhou Port, the oil and chemical berth project on the east bank of the third port of Jinzhou Port, and the bulk cargo yard project on the west side of the tank farm of Jinzhou Port, all of which are under construction as planned.

(X) Investor Question: What are the main assets of the company's right-of-use assets?

Company ReplyDear investors, hello! The Company's right-of-use assets are mainly machinery and equipment leased under finance.

List of attachments (if any)

None

Date

May 06, 2022

 

 

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