2024-09-24 07:38Group 1: Financial Performance - From 2021 to 2023, the company distributed a total cash dividend of RMB 806 billion, with major shareholder China Ocean Shipping Group increasing its stake by RMB 48.83 billion [1] - In the first half of 2024, the container business achieved a cargo volume of 12.4595 million TEUs, a year-on-year increase of 9.34% [3] - The total throughput of the terminal business reached 69.8585 million TEUs, up 8.19% year-on-year [3] - The company reported operating revenue of RMB 101.201 billion, a year-on-year growth of 10.19% [3] - Net profit attributable to shareholders was RMB 16.87 billion, an increase of RMB 3.09 billion year-on-year [3] - As of June 2024, the company's debt-to-asset ratio decreased by approximately 2.5 percentage points to 44.9% compared to the beginning of 2024 [3] Group 2: Share Buyback and Dividends - In February 2024, the company repurchased and canceled 215 million A-shares and H-shares, reaching the maximum limit to avoid triggering mandatory offers under Hong Kong regulations [2] - The company plans to distribute a total cash dividend of approximately RMB 83 billion as part of its 2024 interim profit distribution plan [2] - The record date for A-shares is October 9, 2024, and for H-shares, it is October 8, 2024 [2] Group 3: Market Outlook and Strategy - The global economy is showing signs of slow recovery, with cautious optimism in the container shipping market despite challenges such as geopolitical tensions and increased compliance costs [2] - The company aims to enhance supply chain resilience and core competitiveness by focusing on both traditional and new digital and green low-carbon sectors [3] - The company has opened 550 sea-rail intermodal transport channels to improve global trade connectivity [4] Group 4: Digital Supply Chain and Innovation - In the first half of 2024, the company achieved supply chain revenue of RMB 19.893 billion, a year-on-year increase of 17.28% [4] - The company has launched 30 combined products covering over 90 countries and regions, enhancing the diversity of global supply chain offerings [4] - The company is committed to building a digital supply chain service ecosystem centered on container shipping, ports, and related logistics [4] Group 5: Environmental Initiatives - The company is actively promoting green and low-carbon transformation in its fleet and terminals, aligning with global environmental regulations [4] - In 2024, the company is constructing 12 methanol dual-fuel vessels and has signed contracts for the retrofitting of 8 vessels [4] - The use of shore power increased by 170% in the first half of 2024, reflecting the company's commitment to sustainable practices [4]