SZI Port (Nanjing Xiba)

Nanjing Xiba Port, in which the Group holds a 70% equity interest, is located in the New Materials Industrial Park in Jiangbei New District, Nanjing. It commenced operation 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 for vessels with a tonnage over 10,000 tonnes. With the capability of providing various services such as unloading, loading, lightering, train loading and unloading, and warehousing. 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 depots with an area of approximately 400,000 square meters that are connected to the port area by a rail link, and has unique regional advantages and suitability for integrated river-sea, rail-water and road-water transportation.

SZI Port (Jiangsu Jingjiang)

Jiangsu Jingjiang Port, in which the Group holds 70% equity interest, is located in the Economic Development Zone of Jingjiang City. With two main berths for vessels 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). The Jiangsu Jingjiang Port occupies 1,090 meters of the shoreline and has an annual throughput of 45 million tonnes when fully completed. It primarily handles commodities such as coal, petroleum coke, ore and construction materials, capable of accommodating 50,000-tonne-class vessels for continuous berthing and 100,000-tonne-class vessels for unloading or berthing during strong tides. As a bulk cargo port with relatively large berths along the Yangtze River mainline, Jiangsu Jingjiang Port is committed to becoming a top-notch green, intelligent, efficient and safe sea-river intermodal hub port, serving as an energy storage and distribution center and a comprehensive trading center in the PRC, supporting the realization of the functions of the Jingjiang National Coal Reserve Base.

SZI Port (Henan Shenqiu)

Henan Shenqiu Port, in which the Group holds 52% equity interest, is located along the Shaying River in Shenqiu County, Zhoukou City of Henan Province. It enjoys significant waterways advantages and serves as an important water transportation hub on the new sea route from the central plains of China. It is also a supporting project for Henan Angang Zhoukou Iron and Steel Co., Ltd., a steel company with annual production capacity of tens of millions of tonnes. Henan Shenqiu Port will be constructed in three phases. It is planned to construct 26 berths for vessels of 1,000 tonnes each along approximately 1,600 meters of shoreline. The port is expected to increase the Group’s annual throughput by 30 million tonnes after all berths are put into full operation. Four general-purpose berths with a designed annual throughput of 4.4 million tonnes in the phase I of the Henan Shenqiu Port has commenced operation in March 2023, representing a major milestone in the advancement of the Group’s “Port Connection Action” strategy.

Jiangxi Fengcheng Port

Jiangxi Fengcheng Port, in which the Group holds 20% equity interest, is designed to have 10 berths for bulk carriers in phases of 1,000 tonnes each (with hydraulic structure for bulk carriers of 3,000 tonnes), among which 6 berths with a designed annual throughput of 6 million tonnes occupying 580 meters of the shoreline in the phase I of the project has officially commenced operation in July 2023. Jiangxi Fengcheng Port is an important distribution node along the Gan River, primarily serving sizeable power plants in the region.

Port Supply Chain Business

As for the port supply chain business, the Group capitalized on the resources of these major ports, continued to diversify the port supply chain business and successfully secured stable business growth notwithstanding challenges such as the weak macro-economic recovery, the continuous implementation of the policy to convert all coal supply contracts into long-term contracts and declining coal prices. Through attracting new customers, exploring new types of cargos and broadening the types of transportation in its logistics business, the Group has effectively coped with the challenges of market downturn. At the same time, it has further strengthened its risk management and ensured the healthy development of its business. Furthermore, it has opened up rail links, thereby extending the coverage of its supply chain service strategy, providing customers with one-stop bulk cargo logistics and supply services, and strengthening its competitive edge in the market.

Updated on 29 August 2024