Guangzhou Port Group

Guangzhou Port Group is the main enterprise of Guangzhou Port, the starting port of the thousand-year-old Maritime Silk Road, and was transferred to the supervision of the State-owned Assets Supervision and Administration Commission (SASAC) of the municipal government in April 2010. As a major coastal port and container trunk line port in China, Guangzhou Port is the most functionally complete, largest-scale, and most extensive comprehensive hub port along the southern coast. By the end of 2018, the total assets reached 38.614 billion yuan, with over 100 subsidiaries, branches, and joint ventures, and nearly 20,000 port employees. In 2018, the group's operating revenue exceeded 11.6 billion yuan, with profits exceeding 2.4 billion yuan, of which profit growth was nearly 22%. In accordance with General Secretary Xi Jinping's requirement for Guangdong to "take the lead in four aspects nationwide" and the "Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area" issued by the State Council, Guangzhou Port Group has further deepened enterprise reforms and meticulously organized the implementation of the coordinated development of port logistics, seaport real estate, aquatic products and fisheries, and seaport business travel, supported by modern shipping finance business, forming a "four sectors and one support" industrial development layout. [Port Sector] Guangzhou Port Co., Ltd., as the port operation entity under Guangzhou Port Group, was established in January 2011 with Guangzhou Port Group as the main sponsor; it is mainly responsible for port loading/unloading and port logistics business operations and was officially listed on the main board of the Shanghai Stock Exchange on March 29, 2017. In 2018, the group's cargo throughput and container volume reached 480 million tons and 19.03 million TEUs, respectively, with year-on-year growth of 5.8% and 7.6%, pushing Guangzhou Port's cargo throughput and container volume to fourth place nationally and fifth worldwide, with production indicators growing faster than other major coastal ports; the loading/unloading volume of commercial vehicles exceeded 1.3 million, ranking second in China. [Real Estate Sector] Taking the opportunity of Guangzhou's "Pearl River Golden Coastline" and Huangpu District's implementation of the port-adjacent economic zone plan, the group promotes the transformation and development of old docks. It established Seaport Real Estate Group to achieve integrated operations of real estate development, operation management, and property services. It actively seeks government support, scientifically formulates plans for the utilization of the group's land resources, fully manages the regulatory adjustments for proposed development projects, revitalizes the value of land resources, and promotes the integrated development of the port and the city. It orderly advances the construction and development of the Taigu Cang project and the second phase of the Port Shipping Center. It standardizes property rental management, optimizes commercial formats, and significantly improves the operational quality of the Port Center, Seaport City, and Taigu Cang. [Aquatic Products Sector] Focusing on building a top aquatic product trading platform and supply chain enterprise, the group has established an e-commerce platform for aquatic product trade, improved the full-chain service of tuna fishing, shipping back, storage, and sales in Fiji, and actively expands fishery fishing operations in the western, central, and southern South China Sea areas. The group's leading aquatic product brand, Huangsha Aquatic Products Market, was rated as a key project of the mayor's responsibility system "vegetable basket" program and has received honors such as "Top Ten Markets with Outstanding Contributions to China's Agricultural Product Circulation Reform and Opening-up over 40 Years" and "Third China Agricultural Product Supply Chain Star," further enhancing brand reputation, with its transaction concentration and radiation influence in a leading position in the industry. In 2018, the aquatic products sector achieved operating revenue of 670 million yuan and profits of 85.63 million yuan, with year-on-year growth of 7.9% and 26.2%, respectively. [Business Travel Sector] Relying on resources such as Pearl River cruises, yacht and cruise terminal operations, travel agency management, and transportation vehicle services, the group creates a Guangzhou city card featuring the leisure characteristics of a seaport city, gradually building a complete industrial chain with coordinated functions such as tourism, shopping, advertising, and exhibitions. Jinhang Cruises was successfully listed on the New Third Board, and Pearl River cruise business has formed a multi-point linkage development situation of Dashatou, Canton Tower, and Haixinsha, with Jinhang Company's Pearl River cruises reaching 840,000 passengers, a year-on-year increase of 20.5%. The group creates the Nansha cruise tourism brand, with 94 cruise ship calls throughout the year and 481,000 inbound and outbound passengers, a year-on-year increase of 19.3%, ranking third nationally. [Modern Finance Business] Actively expand financing channels, comprehensively use various financing tools, scientifically allocate funds to reduce financing costs, and promote the integration of industry and finance. Guangzhou Port Co., Ltd. successfully landed on the A-share main board of the Shanghai Stock Exchange in March 2017, with a stable performance in the secondary stock market, providing a financing and fund-raising platform for the shipping center construction; the financing guarantee company leverages the port's cargo control advantages, continuously improves supply chain operation models such as coal and parallel-imported vehicles, continuously develops financing and non-financing businesses, strengthens bank-enterprise cooperation, gradually improves the risk control system, and gradually expands business scope. It actively joins the Guangzhou state-owned capital industrial M&A fund, participates in the investment and operation of projects such as Zhongcheng Insurance, Guangzhou Rural Commercial Bank, and Yuexiu Small Loan, strives to build a financial system with port characteristics, and continuously enhances financial support capabilities. Guangzhou Port Group has always been at the forefront of Chinese ports, and it will be built into a comprehensive port enterprise with strong international competitiveness and development vitality. Currently, Guangzhou Port Group has entered a new development period and needs to supplement a number of excellent port professional talents. We look forward to your joining.