Rizhao Port Co Ltd

Rizhao Port announced that its wholly owned subsidiary, Rizhao Port Container Development Company, after a self-inspection, needs to pay back land use tax of 58.54 million yuan and late fees of 17.04 million yuan, totaling 75.58 million yuan. As of the announcement date, all the above amounts have been paid in full. The company stated that this back payment is a proactive self-inspection and rectification matter, does not involve administrative penalties from the tax authorities, is not a prior accounting error, and does not involve retrospective adjustment of prior financial data. The back taxes and late fees will all be charged to current profit and loss for 2026. The final impact on the company's net profit attributable to shareholders of the listed company for 2026 will be based on the audited financial statements for 2026. Rizhao Port said it attaches great importance to the above matter, will continue to strengthen fiscal and tax management, improve tax risk prevention and control mechanisms, and stated that this matter will not have a significant impact on the company's normal operations. Rizhao Port Company Limited was established in July 2002 and listed in 2006. It is mainly engaged in port cargo handling, container transportation, and supply chain services. In the first half of this year, it achieved revenue of 3.817 billion yuan, up 4.07 percent year on year, while net profit attributable to the parent company was 332.5 million yuan, down 7.16 percent year on year.

Rizhao Port released its 2026 interim report. Total operating revenue was 3.817 billion yuan, up 4.07% year-on-year. Net profit attributable to the parent company was 333 million yuan, down 7.16% year-on-year. Net cash inflow from operating activities was 1.24 billion yuan, up 20.63% year-on-year. The company's asset-liability ratio was 60.98%, gross margin was 23.99%, return on equity was 2.34%, and diluted earnings per share was 0.11 yuan. The number of shareholders was 91,500, and the top ten shareholders held 52.77% of total share capital.

Rizhao Port disclosed its half-year report on August 26. In the first half of 2026, the company achieved operating revenue of 3.817 billion yuan, up 4.07% year on year. Net profit attributable to shareholders of the listed company was 333 million yuan, down 7.16% year on year. Basic earnings per share were 0.11 yuan. The company plans to distribute a cash dividend of 0.33 yuan per 10 shares, tax included. During the reporting period, cargo throughput reached 258 million tonnes, of which bulk dry cargo and general cargo throughput was 180 million tonnes, up 7.89% year on year, and container throughput reached 3.96 million TEUs, up 8.21% year on year.