The port business is a crucial segment of the Group’s “Four Growth Engines” strategic framework which encompasses “Inland Port Networking, Logistics Parks, Air Cargo and Railway Freight Logistics Infrastructure”. In recent years, the Group has actively broadened its port business landscape. Leveraging its “Port Connection Action” strategy, the configuration of the Group’s port connection has essentially taken shape.

The full operation of Jiangsu Jingjiang Port marks a new phase in the overall production and operation of the Group’s port segment. The Group has established a comprehensive port industry chain, with Nanjing Xiba Port and Jiangsu Jingjiang Port serving as key hub ports, the upstream Henan Shenqiu Port designated as a hub for cargo consolidation, and the downstream Jiangxi Fengcheng Port functioning as a hub for distribution. Meanwhile, the Group continued to develop its asset-light supply chain business, and promote the amalgamation of both upstream and downstream resources in the industry chain. The synergies between heavy and light assets in the port segment have yielded concrete results, further strengthening and enhancing the segment’s core competitiveness.

As at 31 December 2024, the Group had 22 port berths in operations, managing a shoreline of more than 3,300 meters with port throughput exceeding 100 million tonnes.

Projects in Operation

SZI Port (Nanjing Xiba)

Nanjing Xiba Port, in which the Group holds 70% equity interest, is located in the New Materials Industrial Park in Jiangbei New District of Nanjing. It commenced operations in 2010 and is a key port in Nanjing, which is designed and built for sea-river inter-modal transportation and rail-water multi-modal transportation. It is also the only general bulk cargo terminal in the northern Yangtze River at Nanjing Port. With a designed annual throughput of 50 million tonnes, the Nanjing Xiba Port currently operates a general bulk cargo terminal with a tonnage of 50,000 tonnes, two general bulk cargo terminals each with a tonnage of 70,000 tonnes, and two general bulk cargo terminals each with a tonnage of 100,000 tonnes. It also has a stacking yard with an area of approximately 400,000 square meters which is connected to the port area by a rail link, and has distinct regional advantages and favorable conditions for integrated river-sea, rail-water and road-water transportation, enabling the provision of various services such as unloading, loading, lightering, train loading and unloading, and warehousing.

SZI Port (Jiangsu Jingjiang)

Jiangsu Jingjiang Port, in which the Group holds 70% equity interest, is located in the Economic Development Zone of Jingjiang. As an important river-sea intermodal transshipment port in the lower reaches of the Yangtze River, and a bulk cargo port with relatively large berths along the Yangtze River mainline, Jiangsu Jingjiang Port commenced operations in December 2023. With a designed annual throughput of 34.8 million tonnes, the port has two main berths for bulk carriers of 100,000 tonnes each (with hydraulic structure for vessels of 150,000 tonnes) along the Yangtze River and five lakeside inland berths for vessels of 1,000 tonnes each (with hydraulic structure for vessels of 3,000 tonnes) and supporting stacking yards of 380,000 square meters. The Jiangsu Jingjiang Port occupies 1,090 meters of the shoreline, and primarily handles commodities such as coal, petroleum coke, ore and construction materials, capable of accommodating 50,000-tonne-class seagoing vessels for continuous berthing and 100,000-tonne-class seagoing vessels for unloading or tidal berthing around the clock. The Group is dedicated to transforming the project into a top-notch green, intelligent, efficient and safe sea-river intermodal hub port in the PRC, serving as a modern energy storage and distribution center as well as a comprehensive trading center.

SZI Port (Henan Shenqiu)

Henan Shenqiu Port, in which the Group holds 52% equity interest, is located along the Shaying River in Shenqiu County of Zhoukou. It enjoys significant waterways advantages serving as an important water transportation hub on the new sea route from the central plains of China, and is a demonstration project for “Port-industry-city Integration” that radiates regions in Henan and Anhui provinces. The whole project is planned to construct 26 berths for vessels of 1,000 tonnes each, with a designed annual throughput of 30 million tonnes, occupying approximately 1,600 meters of shoreline. Four general-purpose berths in Phase I of the Henan Shenqiu Port, with a designed annual throughput of 4.4 million tonnes,have put into operations in March 2023. The project has plans to construct 22 berths and supporting stacking yards at a later stage.

Jiangxi Fengcheng Port

Jiangxi Fengcheng Port, in which the Group holds 20% equity interest, serves as an important distribution node along the Gan River. It is designed to be developed in phases, featuring 10 berths for bulk carriers of 1,000 tonnes each (with hydraulic structure for bulk carriers of 3,000 tonnes). Among which, 6 berths occupying 580 meters of the shoreline with a designed annual throughput of 6 million tonnes in Phase I of the project have officially commenced operations in July 2023.

Project under Planning

SZI Port (Foshan Fuwan)

Foshan Fuwan Port, in which the Group holds 97.1% equity interest, is located at Hecheng Sub-district, Gaoming District of Foshan. The project enjoys a prime location along the national-class golden waterway - the main navigation channel of the Xijiang River, offering evident geographical advantages with excellent hydrological conditions. The Group successfully acquired the project land of Foshan Fuwan Port in December 2024. With a designed annual throughput of 5.3 million tonnes, the project is planned to construct 4 general-purpose berths of 3,000 tonnes each (with hydraulic structure for vessels of 5,000 tonnes) in phases, occupying shoreline of approximately 542 meters.

Port Supply Chain Business

The port supply chain business has secured premium upstream and downstream customer resources for the Group’s newly commissioned asset-heavy port projects, effectively integrating information flow, logistics flow and business flow. It has effectively promoted the transformation and upgrading of various asset-heavy ports from single loading/unloading transshipment ports to large-scale comprehensive service hub port platforms, while achieving synergistic development between light and heavy assets in the Group’s port business, thereby supporting the Group in establishing a comprehensive logistics service system and providing its customers with comprehensive logistics services.

Updated on 24 April 2025