The predecessor of Liaoning Port Co., Ltd. (hereinafter referred to as the “Company” or “Company”) is Dalian Port Co., Ltd., which was established on November 16, 2005 in Dalian, Liaoning Province, China. On April 28, 2006, Dalian Port Co., Ltd. was successfully listed on the main board of the Hong Kong Stock Exchange, stock code 2880; on December 6, 2010, it was successfully listed on the Shanghai Stock Exchange, stock code 601880. On February 4, 2021, Dalian Port Co., Ltd. exchanged shares to absorb and merge Yingkou Port Co., Ltd. and issued additional A-shares. It was officially listed on the Shanghai Stock Exchange on February 9, and Dalian Port Co., Ltd. officially changed its name to “Liaoning Port Co., Ltd.” In November 2021, the company successfully completed the share exchange, absorption and merger project of Yingkou Port Co., Ltd. to raise supporting capital. The total capital raised was about 2.1 billion yuan, and the total share capital after issuance reached 23.987 billion yuan. The company is the first A+H share port listed company in China, the first port listed company in China to successfully implement a stock exchange and absorption merger project for a listed company. It is the largest comprehensive terminal operator in Northeast China, and is also one of the port industry listed companies with the largest assets, revenue and profit scale in northern China. As a unified operating platform for port logistics business in Liaoning Province, the company's main business is distributed in port areas such as Dalian Dayao Bay, Dalian Bay, Changxing Island, and Yingkou Mackerel Ring. The Company and its subsidiaries (collectively referred to as the “Group”) mainly provide: 1) oil/liquid chemical terminals and related logistics services; 2) container terminals and related logistics services; 3) automobile terminals and related logistics businesses; 4) bulk cargo terminals and related logistics businesses; 5) bulk cargo terminals and related logistics services; 6) passenger loading terminals and related logistics services; 7) port value-added and support services.
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