share_log

秦港股份(601326)新股询价报告

Qin Gang Co., Ltd. (601326) IPO Quotation Report

華鑫證券 ·  Jul 4, 2017 00:00  · Researches

Company profile

The company provides customers with highly integrated port services, including loading and unloading, storage, warehousing, transportation and logistics services, mainly engaged in coal, metal ores, oil and liquid chemicals, containers, groceries and other goods. In recent years, based on the high-quality shoreline resources around the Bohai Sea, the company has actively implemented the cross-port development strategy. at present, it mainly has three major operating areas: Qinhuangdao Port, Caofeidian Port and Huanghua Port.

The highlight of the company

(1) the company is the world's largest public dry bulk cargo terminal operator, Qinhuangdao Port is the world's largest public coal terminal port, has a pivotal strategic position in the national economy. Caofeidian Port area, located in Caofeidian District, Tangshan City, northeastern Hebei Province, is the only natural port in Bohai Bay that can build large-scale deepwater berths of more than 300,000 tons without digging waterways and harbor ponds, and has excellent advantages in port construction. planning and construction is a large-scale comprehensive port area to serve the transportation of bulk materials in northern China and the new industrialization base around the Bohai Sea. Huanghua Port District is located in Cangzhou City in the south of Hebei Province, adjacent to the north of Shandong Province, with south-central Hebei and northwest Shandong as the main economic hinterland.

(2) the company mainly deals in coal and metal ores. In terms of coal business, according to the statistics of Wind Information, the amount of coal water discharged by the company from 2014 to 2016 was 237.05 million tons, 220.1 million tons and 177.04 million tons respectively, accounting for 36.0%, 37.1% and 29.6% of the total coal water in the northern seven ports. In terms of metal ore business, the company's ore throughput accounted for about 60% of the total metal ore throughput in Caofeidian Port area from 2014 to 2016, while in Huanghua Port area, the company's metal ore business market share also occupied an absolute advantage.

(3) the company's customers are mainly large-scale coal, power and iron and steel enterprises, including China Coal Group, Shenhua Group, Zhejiang Energy Group, Yitai Group, Tong Coal Group, Shougang Corporation, Hebei Iron and Steel Group and so on. The company maintains a long-term and stable cooperative relationship with the above major customers, including signing long-term contracts or cooperation agreements with a number of large coal enterprises, electric power enterprises and iron and steel enterprises, so that the company has always obtained an adequate and stable supply of goods. to create good conditions for the sustained growth of the company's business.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment