Category of Investor Relations Activities

□ Specific object research □ Analyst meeting

□ Media interview □ Performance briefing

□ Press conference √ Roadshow activity

□ Site visit □ Other

Name of Participating Unit and Name of Personnel

Participate in Jinzhou Port's 2018 Liaoning Jurisdiction

Investors of the city company investors online collective reception day

Time

July 12, 2018

Location

panoramic network

Name of Reception Personnel of Listed Company

Li Guiping, Vice President and Secretary of the Board of Directors, Li Ting, Chief Financial Officer

Introduction to the main contents of investor relations activities

1. Is the company's board of directors system perfect?

Hello, thank you for your attention to the company! At present, the company has established and improved an effective board governance system suitable for the company's own development requirements in accordance with the relevant requirements of the Company Law, the Securities Law and the Code of Governance of Listed Companies, which ensures the effective implementation of the resolutions of the company's general meeting of shareholders. The company's board of directors will continue to proceed from the interests of all shareholders of the company, perform their duties faithfully and diligently, ensure the scientificity and effectiveness of the board's decisions, and earnestly fulfill the obligation of information disclosure, strengthen the management of investor relations and continuously improve the standard operation of the company.

2. How to ensure the company's sustainable development?

Dear investors, thank you for your attention to the company! At present, the corporate governance structure is standardized, the ownership structure is scattered, and the relationship between shareholders is harmonious. Dalian Port Investment and financing holding Group Co., Ltd., the largest shareholder of the company, is cooperating with the integration of Liaoning port resources in accordance with the requirements of the Liaoning provincial government. After the integration is completed, the actual controller of the company's largest shareholder will be changed from Dalian Port Group to Liaoning Northeast Asia Port and Shipping Development Co., Ltd. In terms of operation, the company has achieved independent operation, realized independent operation in personnel, finance and other aspects, standardized operation, and has the conditions for the company's sustainable and stable development.

3. Will the company's performance grow in 2018?

Dear investors, thank you for your attention to the company! In the first quarter of 2018, the company achieved a net profit of 44.08 million billion yuan attributable to shareholders of listed companies, a year-on-year increase of 6.47. Now the company's various operations are carried out normally, and the follow-up company will disclose the company's operating results and performance forecasts in a timely manner in accordance with the "Information Disclosure Rules" and relevant laws and regulations. Please pay attention!

4. How will your company manage its market value in the future? Does the company's share price reflect the actual situation of the company?

Dear investors hello! Thank you for your continued interest in the company. Market value management is one of the most important tasks in the operation and management of listed companies. The company will carry out market value management according to the economic situation, regulatory trends and regulatory requirements in the second half of the year, and carry out investor exchange activities in combination with the stock market to enhance investor confidence; continue to implement the employee stock ownership plan to improve the enthusiasm of employees and realize the rapid development of the enterprise; At the same time, the company will continue to actively optimize and strengthen the business entities, enhance the competitiveness, increase investment returns for investors.

What is the biggest highlight of the company's operation in 5.2018 compared with previous years?

Dear investors, thank you for your attention to the company! 2018 is a key year to implement the strategy of "consolidating and upgrading the main sector, developing the non-main sector, and strengthening the port industry" approved by the board of directors. The company's net profit attributable to shareholders of listed companies in the first quarter was 44.08 million billion yuan, an increase of 6.47 year-on-year.%. The company's main business developed steadily in the second quarter. The auxiliary business has initially set up an investment platform for Jinguo Investment. The registered capital will be paid in 7 billion yuan by the end of 2018. In the future, the auxiliary business will use Jinguo Investment as a platform to carry out factoring, financial leasing, insurance brokerage, bulk commodity trading and other businesses to help the main business achieve the goals of solidifying the supply of goods, optimizing the supply structure and stabilizing customers. In the second half of 2018, the company will actively promote the development of the port industry and provide long-term and stable supply support for the company's main business.

6. Will the company increase the proportion of profits used for distribution in the next few years?

Dear investors hello! Thank you for your interest in the company. In the future, the company will continue to implement the provisions of the Articles of Association and the Medium and Long-term Dividend Plan: the cumulative profit distributed by the company in cash within three years shall not be less than 30% of the average annual distributable profit realized in the last three years. The specific distribution ratio will be implemented annually in accordance with the profit distribution plan approved by the Board of Directors and the General Meeting of Shareholders.

7. A few days ago, the state issued a policy to encourage the transfer of public railway. Is it good for the company?

Dear investors hello! The company is located in the western part of Liaoning, the north bank of Bohai Bay, and the western Liaoning corridor. It is the most convenient entrance to the sea in the three eastern provinces and the eastern part of Inner Mongolia. The geographical position is superior, and the railway network around Jinzhou is dense, and the railway freight resources are rich. 8 kilometers away from Jinzhou Port, there is a large-scale marshalling station in the northeast region, which is conducive to the company's realization of cargo collection and dredging through the railway.

8. Does your company cooperate with other companies? If so, which companies?

Dear investors hello! The development of Jinzhou Port is inseparable from the partners who have supported us for a long time. In terms of main business, the company has not only cooperated with China National Petroleum Corporation and its subsidiaries in terms of equity, but also in oil products, chemicals, and petrochemical accessories. Products such as products realize port service business cooperation in the port area such as the construction of storage tanks, port loading and unloading, and transportation. In addition, the company has established long-term and stable cooperative relations with large enterprises such as oil products, grain, coal, mining and steel at home and abroad. Such as the establishment of a grain bungalow warehouse project in joint venture with Xiamen Xiangyu Group, the establishment of a grain silo with COFCO Group, and the realization of all-round cooperation in container business with COSCO Group.

9. May I ask how many businesses Jin Guotou is engaged in the financial field? Why should the company give up the capital increase Jin Guotou? Is it not optimistic about the prospect or is it short of funds?

Dear investors hello! Jin Guotou is an important non-main business platform built by the company, which currently covers financial leasing, factoring, insurance brokerage, securities, commodity trading and other fields. On June 1, 2018, the company's 2017 annual general meeting of shareholders reviewed and approved the ''Proposal on Abandoning Capital Increase Subsidiaries and Related Transactions, ''which introduced strategic investors by way of capital increase and share expansion, and actively strengthened the strength and scale of Jinguo Investment. Use the resource advantages of strategic investors to realize the overall development strategy of Jinzhou Port, expand non-main business and port industry, so as to provide favorable support for the development of Jinzhou Port's main business. According to the company's financial situation and external financing environment, in order to focus on the development of the main business, the company gave up the right of first refusal to increase capital in cash.

10. Stock prices are affected by many factors, from the company's point of view, how will the company minimize stock market risk and bring satisfactory returns to investors?

Hello investors! As you said, the company's stock price is affected by the market environment, capital, company industry, performance and other factors, but the company believes that the company's performance and growth is the most important factor affecting the stock price. The company will continue to cultivate the main business of the port, and actively seek the development opportunities of the port logistics chain, develop the port industry, strive to improve the company's performance, implement active market value management, and strive to provide investors with satisfactory investment returns.

11. The central government has promoted the revitalization of Northeast China for many years. What has the company done to respond?

Dear investors hello! Thank you for your interest in the company. In recent years, under the influence of economic restructuring and overcapacity, the downward pressure on the economy of Northeast China has increased. The Central Committee and the State Council have attached great importance to the economic development of Northeast China and upgraded the "revitalization of the old industrial base in Northeast China" to a national strategy. The company will continue to seize the strategic opportunity of the revitalization of Northeast China and the favorable opportunity of Liaoning port integration, actively integrate into the "Belt and Road Initiative" strategy, continue to "consolidate and upgrade the main plate; expand the non-main plate; strengthen the port industry; do not seek large but comprehensive, pursue the development idea of small and sophisticated, good asset quality, strong profitability, and sustainable development, expand the depth of the port economy, build a full-name logistics service system, continuously improve production efficiency, strive to increase market share, and enhance the company's comprehensive Competitiveness; relying on the main business of the port, form a comprehensive capacity covering the port hub and logistics hub to achieve a comprehensive grasp of the market; strengthen the port industry, to transform the development mode of the port from the traditional handling service to the port industry, improve the port service function, and promote the transformation and upgrading of the port.

At present, the integration of Liaoning port resources has entered a substantive stage of operation. In June 2017, the Liaoning Provincial Government and China Merchants signed the Framework Agreement. According to the agreement, China Merchants will take the lead in integrating Dalian Port, Yingkou Port, and Jinzhou Port. Complete the establishment of Liaoning Port Group and mixed ownership reform before the end of 2017. According to the agreement, Jinzhou Port will cooperate with Liaoning Port Group to complete the integration of port operators in the province.

12. Noted that the gross profit rate of the company belongs to the low level in the industry, can you specifically analyze the reasons? Is it because of the economic reasons in the region or the high management costs or the composition of dry bulk? And what measures will be taken to improve and upgrade in the future?

Trading industry gross margin is lower due to increased trading business.

13. In the past year, have there been any significant changes in the company's main customers?

The port business has not changed much, and the trading customers are mainly coal and metal mines, with new non-ferrous metal customers.

14. What are the company's plans for the future brokerage business?

Hello! Thank you for your interest in the company. At present, Jingang (Tianjin) Insurance Brokerage Co., Ltd., which is wholly owned by Jinguotou (Dalian) Development Co., Ltd., has been registered on September 26, 2017, with a registered capital of 50 million yuan. The company will effectively use insurance brokers. Rare license resources, promote the development of port logistics-related insurance business, effectively enhance its own profitability, and accelerate the pace of transformation and upgrading of Jinzhou Port.

15: Hello! May I ask which companies your company controls or holds shares, and the holding share?

As of the end of the first quarter of 2018, the companies controlled by our company mainly include Jinzhou Port Modern Grain Logistics Co., Ltd., holding 75.9, Jingang International Trade Development Co., Ltd., holding 100, Jinzhou Port Logistics Development Co., Ltd., holding 100, Jinguotou (Dalian) Development Co., Ltd., holding 100, etc. The participating companies mainly include Jinzhou New Era Container Terminal Co., Ltd., holding 34%, and Zhongjin Silk Chemical Port Storage Co., Ltd, holding 49%, etc., as detailed in the Company's annual report.

List of attachments (if any)

None

Date

July 12, 2018