China Merchants Port Group Co., Ltd.
招商港口
001872
Shenzhen Stock Exchange
Company Profile
1. Sound shareholder background and resource integration capability CMG, the de facto controller of the Company, was the Hundred Years’ central State-owned enterprises starting with port shipping logistics business that owns excellent reputation and resources available in the industry. Founded in 1872, CMG is an integrated and diversified key enterprise under the direct administration of the PRC central government, also one of the earliest Chinese enterprises to be established and operated in Hong Kong, as well as a Hundred Years’ central State-owned enterprise, a comprehensive central State-owned enterprise, and a central State-owned enterprise stationed in Hong Kong, with two global companies counted on Fortune Global 500 list. It mainly focuses on transportation & logistics, integrated finance, real estate parks, and science and technology industries. Currently, it focuses on the goal of being a world-class enterprise, creating “two curves”, promoting “the third venture” and the transformation and upgrading of traditional industries and the cultivation and development of strategic emerging industries. CMG’s Transportation & Logistics Business Department includes port, highway, energy shipping, logistics, naval architecture and marine engineering businesses, and has a wide range of coordinated space for industrial chain service. Acceleration of international development and improvement on logistics network layout will effectively bolster CMPort’s capabilities related to create a world-class port investment and operation platform which can gives a global push as well as an interconnected international port comprehensive service system. 2. Professional and high-efficiency global port investment capability The Company focuses on port investment, grasps global trend and seizes opportunities in region to achieve full-process and full-cycle management on investments. As an important carrier for domestic and overseas port investment and operation of CMG, CMPort has over 20 years of experience for port investment and over 10 years thereof for overseas investment. A scientific and professional investment management system has been set up with a research team specialized in investment global which owns a wealth of experience in policy research, industry analysis, risk control, fund raising, post-investment management. The Company continues to work in development of global industrial supply chain, keeps up with major strategic opportunities in domestic and dynamic investment opportunities in overseas and properly invests in hub and gateways of strategic significance around the world. The Company strives to balance its investment portfolio within the regional and life cycle of ports. Adhering to the principle of “extensive consultation, joint development and shared benefits”, its overseas business has developed local-based business operation and formed a community of shared future based on the consolidation of connectivity and cooperation and expanded new international cooperation, to the greater extent that capability strengthened in coping with various risks such as industry fluctuations, trade conflicts and emergencies. 3. Fleshing out the port comprehensive management capability The Company has committed to port operation and improved comprehensive management capability through application of digital intelligence technology and integrated platform. The Company continuously improves the operation and management of port business, forms a comprehensive digital management of business processes through its self-developed SMP platform, implements full-area management and control, and coordinates development and security. The Company adheres to lean management and value empowerment and focuses on its main business to expand its investment layout, forming an industry-leading port operational management system. The Company optimizes the cost control system through the cost-leading working mechanism, deepens the integration of industry and finance, and effectively reduces costs and increases efficiency. At the same time, the COE working mechanism is used to promote the optimal allocation of resources and improve management levels; it also uses quality and efficiency improvement as a tool to implement high-quality measures and enhance profitability. The port comprehensive management capability of the Group sustained for years has marked a good reputation in the industry. 4. Continuously optimized supply chain comprehensive service capability The Company adheres to creating values on the port-centered blockchain as well as the port-linked logistics chain. With the objective of becoming a “world-leading port service provider”, the Company keeps enhancing corporate value and possesses modern comprehensive logistics service capability. In view that the shipping and port sectors gradually shifted to form alliances, the Company is actively integrating its domestic and overseas port assets and capitalises on its relatively complete global port network to provide customers with comprehensive port logistics service solutions, forming its unique competitive strength based on resources such as maritime logistics, land transportation, storage, logistics and trading from CMG. 5. Self-innovative intelligent port construction capability The Company rises to the call of the industry, pushing for traditional industrial upgrading, and its progress sets the direction of intelligent port construction. The Company accelerates digitalization transformation, promotes the integration of new technology and development, leads technologies innovation and industrial application and releases overall solutions for smart ports featuring CMPort’s characteristics. In terms of the core production system of the port, CMIT, a high-tech enterprise under the Company, independently develops a new generation of CTOS products with core competitiveness in the global market, and is committed to leading the way in terms of intelligence, business flexibility and user experience. In terms of industrial network platform construction, we have updated the comprehensive service platform “CM ePort” to provide the port shipping logistics industry with the one-stop port integrating services. Mawan Smart Port of the Company is the first 5G intelligent port in Guangdong-Hong Kong-Macao Greater Bay Area in China, which can realize a horizontal transportation solution of mixing self-driving vehicles and manned vehicles. It has greatly improved productivity, green degree and management level of the port.
Full description
The Company’s core business includes port investment, port operation, port logistics and smart technology. The Company has established a comprehensive port network across the hub locations along coastal China, and the terminals which the Company invested in or invested in and managed are located in hub locations across Hong Kong, Taiwan, Shenzhen, Ningbo, Shanghai, Qingdao, Tianjin, Dalian, Zhangzhou, Zhanjiang, and Shantou, as well as in Asia, Africa, Europe, Oceania, South and North America, amongst others. Port investment includes oversea and domestic port investments. The Company puts emphasis on its presence in global major hub locations, gateway ports and regions with huge market potential, rapid economic growth and promising development, in order to capture investment opportunities in ports, logistics and related infrastructure and further improve the global port network. Port operation mainly includes containers and bulk cargo handling and warehousing services. The Company focuses on the construction and management of leading port and the improvement of service, so as to provide clients with higher-quality port services. In terms of port logistics, leveraging on the innovative park business models and services, the Company conducts in-depth exploration of synergy value between ports and parks, and provides customers with diversified value-added services, including warehousing leasing, customs clearance, division or merger of cargoes, documentation services, amongst others, in Shenzhen Qianhaiwan Bonded Port Zone, Qingdao Qianwan Bonded Port Zone, Tianjin Dongjiang Bonded Port Zone, Djibouti International Free Trade Zone, Hambantota Industrial Park. The Company focuses on port-related business innovation and supply chain logistics, and promotes the development of port tugboat service, tallying business and engineering supervision and management business. The Company integrates the port ecological service resources, promotes the collaboration and cooperation between the upstream and downstream of the port logistics value chain and lays a key focus on the openness and sharing of resources, to advance the smooth trade development as well as the efficient operation of the logistics, information flow and capital flow of the port service chain and further help customers reduce costs and increase efficiency. The smart technology business focuses on the application of new generation of information technology, such as big data, Internet of Things (IoT) and artificial intelligence, promotes “digital intelligence” and “green” upgrades, and continues to empower the core businesses, such as the production, management, services and ecology of the port. Smart technology injects new momentum into the development of the port enterprises.