招港B2025年半年度报告（英文版）

CHINA MERCHANTS PORT GROUP CO., LTD.INTERIM REPORT 2025Date of Disclosure: 30 August 2025China Merchants Port Group Co., Ltd.Interim Report 20251Part I Important Notes, Table of Contents and DefinitionsThe Board of Directors (or the “Board”), the Supervisory Committee as well as the directors,supervisors and senior managers of China Merchants Port Group Co., Ltd. (hereinafter referred toas the “Company”) hereby guarantee the factuality, accuracy and completeness of the contents ofthis Report and its summary, and shall be jointly and severally liable for any misrepresentations,misleading statements or material omissions therein.Xu Song, the Company’s legal representative, Huang Zhenzhou, the Company’s Chief FinancialOfficer, and Liu Shixia, the person-in-charge of the accounting organ hereby guarantee that thefinancial statements carried in this Report are factual, accurate and complete.All the Company’s directors have attended the Board meeting for the review of this Report and itssummary.Any forward-looking statements such as future plans or development strategies mentioned hereinshall not be considered as the Company’s promises to investors. And investors are reminded toexercise caution when making investment decisions.Risks faced by the Company and solutions have been explained in Item X in “Part III ManagementDiscussion and Analysis” herein, which investors are kindly reminded to pay attention to.Securities Times, China Securities Journal, Shanghai Securities News, and www.cninfo.com.cnhave been designated by the Company for information disclosure. And all information about theCompany shall be subject to what’s disclosed on the aforesaid media. Investors are kindly remindedto pay attention to these media.The Company is not subject to any industry-specific disclosure requirements.The Company has no interim dividend plan, either in the form of cash or stock.This Report and its summary have been prepared in both Chinese and English. Should there be anydiscrepancies or misunderstandings between the two versions, the Chinese versions shall prevail.China Merchants Port Group Co., Ltd.Interim Report 20252Table of ContentsPart I Important Notes, Table of Contents and Definitions.....................................1Part II Corporate Information and Key Financial Information.............................6Part III Management Discussion and Analysis....................................................... 10Part IV Environmental, Social and Governance Information...............................39Part V Significant Events...........................................................................................45Part VI Share Changes and Shareholder Information...........................................59Part VII Bonds.............................................................................................................65Part VIII Financial Statements................................................................................. 69China Merchants Por