According to the Zhito Finance APP, Qingdao Port International (06198) rose over 3%, as of the time of this report, it rose 3.01% to 5.81 Hong Kong dollars, with a transaction amount of 19.8303 million Hong Kong dollars.

China Merchants Research Reports pointed out that the restructuring plan of Qingdao Port is progressing smoothly, with asset acquisitions helping to enhance future performance. Qingdao Port has strong regional advantages, with a high proportion of operating income from the highly profitable Container Sector and Liquid Bulk Sector in its profit composition. Currently, the ROE is at an industry-leading level, and with continuous growth in ASEAN routes, there is still room for improvement in container throughput. The acquisition of oil product terminal assets is expected to enhance the future profit performance of the Liquid Bulk Sector, and there is a scarcity of high-quality assets with sustainable operation in the A-shares market, indicating potential for valuation reconstruction.

It is worth mentioning that recently, the Dongjiakou Port area of ShanDong Port's Qingdao Port successfully passed the completion acceptance of the 0.12 million-ton oil product terminal project, which was completed one month ahead of the planned acceptance time, marking the successful completion of the construction task of the project, laying a solid foundation for accelerating terminal construction and advancing port operations. After the project is completed, it will compensate for the lack of Crude Oil Product transportation capacity at Dongjiakou Port, which is significant for handling the transfer of crude oil transportation from Huangdao Port and facilitating incremental development, as well as resolving the structural contradictions in Qingdao Port's oil product terminal docking capacity.