QINHUANGDAO PORT CO., LTD. Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(a joint stock limited liability company incorporated in the People's Republic of China)
(Stock Code: 3369) THROUGHPUT VOLUME OF THE COMPANY FOR THE YEAR ENDED 31 DECEMBER 2014This announcement is made by Qinhuangdao Port Co., Ltd.* (秦皇島港股份有限公司) (the
"Company", together with its subsidiaries, the "Group") pursuant to rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).
In order to enable the shareholders and the potential investors of the Company to have a better view on the Company's latest business performance, the board (the "Board") of directors of the Company hereby announces the operational data of the Group (including Caofeidian Shiye, as defined below) for the year ended 31 December, 2014 as follow:
Throughput by Cargo Type
For the year ended 31 December 2014 throughput For the year ended 31 December 2013 throughput Increase (Decrease)(Million tonnes) (Million tonnes) (%)
Dry bulk1 354.78 341.35 3.93%
- Coal 245.79 243.82 0.81%
- Metal Ore 108.99 97.53 11.75%
General and other cargoes3 10.38 7.35 41.22%
Total4 382.09 364.98 4.69%* For identification purpose only
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Notes:
1. The dry bulk cargoes we handled mainly consist of coal and metal ores.
2. Using Twenty-foot Equivalent Unit ("TEU") as the measuring unit, our Group's containers throughput for the year ended 31 December 2014 was 728,014 TEUs, representing an increase of 17.76% as compared with
618,232 TEUs for the year ended 31 December 2013.
3. Other cargoes include grain, fertilizer and other general cargoes.
4. Throughput includes that of Tangshan Caofeidian Shiye Port Co., Ltd.* (唐山曹妃甸實業港務有限公司) ("Caofeidian Shiye"), which is a non-consolidated associate company of, and 35% owned by the Company. The Company is the largest shareholder of Caofeidian Shiye. For the year ended 31 December 2014, the throughput of Caofeidian Shiye was 83.84 million tonnes, consisting of 3.80 million tonnes of coal, 79.90 million tonnes of metal ores and 0.14 million tonnes of general cargoes.
Throughput by Port
For the year ended 31 December 2014 throughput For the year ended 31 December 2013 throughput Increase (Decrease)(Million tonnes) (Million tonnes) (%) Qinhuangdao Port1 266.13 263.90 0.85% Caofeidian Port2 83.84 68.54 22.32% Huanghua Port3 32.12 32.54 (1.29)%
Total 382.09 364.98 4.69%Notes:
1. Includes container throughput. Using TEU as the measuring unit, our throughput of containers in
Qinhuangdao Port for the year ended 31 December 2014 was 414,025 TEUs, representing an increase of
6.76% as compared with 387,810 TEUs for the year ended 31 December 2013.
2. Representing throughput from Caofeidian Shiye.
3. Includes container throughput. Using TEU as the measuring unit, our throughput of containers in Huanghua Port for the year ended 31 December 2014 was 313,989 TEUs, representing an increase of 36.27% as compared with 230,422 TEUs for the year ended 31 December 2013.
On behalf of the Board Qinhuangdao Port Co., Ltd.* XING Luzhen
Chairman
Qinhuangdao, Hebei Province, the PRC
15 January 2015
As at the date of this announcement, the executive Directors of the Company are XING Luzhen, TIAN Yunshan, WANG Lubiao and MA Xiping; the non-executive Directors of the Company are ZHAO Ke, LI Jianping and DUAN Gaosheng; and the independent non-executive Directors of the Company are SHI Rongyao, YU Shulian, ZHAO Zhen and LI Man Choi.
* For identification purpose only
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