Qingdao Port International Co Annual Report 12748B.Pdf

Total Page:16

File Type:pdf, Size:1020Kb

Qingdao Port International Co Annual Report 12748B.Pdf CONTENTS PAGE DEFINITIONS 2 CORPORATE INFORMATION 6 COMPANY PROFILE 8 2017 MAJOR EVENTS 12 FINANCIAL HIGHLIGHTS 17 CHAIRMAN’S STATEMENT 19 MANAGEMENT DISCUSSION AND ANALYSIS 22 DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT 44 DIRECTORS’ REPORT 51 SUPERVISORS’ REPORT 68 CORPORATE GOVERNANCE REPORT 71 AUDITOR’S REPORT 85 CONSOLIDATED AND COMPANY BALANCE SHEET 91 CONSOLIDATED AND COMPANY INCOME STATEMENT 95 CONSOLIDATED AND COMPANY CASH FLOW STATEMENT 98 CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY 102 COMPANY STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY 104 NOTES TO THE FINANCIAL STATEMENTS 106 DEFINITIONS Unless the context otherwise requires, the following expressions shall have the following meanings: “2017 AGM” the annual general meeting for the year 2017 of the Company to be held on 6 June 2018 “Articles of Association” the articles of association of the Company, as amended from time to time “Board” the board of directors of Qingdao Port International Co., Ltd. (青島港國際股份有限公司) “CFS” container freight station, of which, container freight station at loading ports refers to the location designated by carriers for the receiving of cargo to be loaded into containers by the carrier, while container freight station at discharge or destination ports refer to the location designated by carriers for de-vanning of containerized cargo “Company” Qingdao Port International Co., Ltd. (青島港國際股份有限公司), a joint stock company established in the PRC with limited liability on 15 November 2013 “Consolidated Group Companies” the Company (including its branches) and its subsidiaries which are consolidated into the consolidated financial statements of the Company “COSCO SHIPPING Group” China COSCO Shipping Corporation Limited (中國遠洋海運集團有限公司), a company established in PRC with limited liability and the ultimate controlling shareholder of COSCO SHIPPING Ports and Shanghai China Terminal Development, holding approximately 20% equity interests in the Company, which is a substantial shareholder and a connected person of the Company “COSCO SHIPPING Ports” COSCO SHIPPING Ports Limited (中遠海運港口有限公司), a limited liability company established in Bermuda with its shares listed on the Main Board of the Stock Exchange (Stock Code: 1199), holding approximately 18% equity interests in the Company, which is a substantial shareholder and a connected person of the Company “Dagang Branch” Dagang Branch of Qingdao Port International Co., Ltd. (青島港國際股份有限公司大港分 公司), a branch of the Company, which is mainly engaged in the business of domestic container, break bulk, grains and other cargo handling and ancillary services “Datang Port” Datang Qingdao Port Co., Ltd. (大唐青島港務有限公司), a subsidiary acquired by the Company in 2014, in which the Company holds 51% equity interest, which is mainly engaged in construction and management of terminals and its ancillary facilities; procurement, consulting and invitation of tender for the equipment and materials needed by terminals; leasing, maintenance and management of terminals and their ancillary facilities; cargo loading and unloading, warehousing services (excluding dangerous goods) and international freight forwarding “Director(s)” the director(s) of the Company “Dongjiakou Branch” Dongjiakou Branch of Qingdao Port International Co., Ltd. (青島港國際股份有限公司董 家口分公司), a branch of the Company, which was established in July 2015 and mainly engaged in the business of break bulk cargo handling and ancillary services “Group” the Company and its branches and subsidiaries; when references are made to operational data such as throughput, including joint ventures and associates of the Company 2 Qingdao Port International Co., Ltd. / 2017 Annual Report DEFINITIONS “Haiwan Liquid Chemical” Qingdao Haiwan Liquid Chemical Port Operation Co., Ltd. (青島海灣液體化工港務有 限公司), a joint venture in which the Company holds 50% equity interest and which is mainly engaged in the business of providing liquid bulk handling and ancillary services “Hong Kong Stock Exchange” The Stock Exchange of Hong Kong Limited “Huaneng Qingdao” Huaneng Qingdao Port Operation Co., Ltd. (華能青島港務有限公司), a joint venture in which the Company holds 49% equity interest, which is mainly engaged in the business of providing dry bulk cargo and break bulk cargo handling and ancillary services “Listing Rules” the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited “Mercuria Logistics” Qingdao Haiye Mercuria Logistics Co., Ltd. (青島海業摩科瑞物流有限公司), a subsidiary acquired by the Company in 2014, in which the Company holds 51% equity interests mainly engaged in freight forwarding, importing and exporting cargo warehousing, transshipment and distribution, construction of warehousing and logistics facilities, etc. “Mercuria Oil Terminal” Qingdao Haiye Mercuria Oil Terminal Co., Ltd. (青島海業摩科瑞倉儲有限公司), a subsidiary acquired by the Company in 2014, in which the Company holds 65% equity interests mainly engaged in construction and management of warehouse “Model Code” the Model Code for Securities Transactions by Directors of Listed Issuers as set out in Appendix 10 to the Listing Rules “One Belt and One Road” the Silk Road Economic Belt and 21st Century Maritime Silk Road “PRC” the People’s Republic of China, and for the purpose of this report, excluding Hong Kong, Macau and Taiwan “New H Shares Issue” the issuance of the 243,000,000 new H shares of the Company by way of placing pursuant to the specific mandate granted by the shareholders on the 2017 first extraordinary general meeting, 2017 first domestic shareholders’ class meeting and 2017 first H shareholders’ class meeting of the Company held on 10 March 2017 “Prospectus” the listing document of the Company in relation to the global offering dated 26 May 2014 “QDOT” Qingdao Port Dongjiakou Ore Terminal Co., Ltd. (青島港董家口礦石碼頭有限公司), a joint venture in which the Company holds 30% equity interests, which is mainly engaged in the business of providing ore, coal and other cargo handling and ancillary services “QDP” Qingdao Port (Group) Co., Ltd. (青島港 (集團) 有限公司), the controlling shareholder of the Company, which holds a proximately 58% equity interests in the Company as at the date of this report “QDP Investment” Qingdao Port Investment and Construction (Group) Co., Ltd. (青島港口投資建設(集團) 有限責任公司), a wholly-owned subsidiary of QDP “QDP Financial Holdings” Qingdao Port Financial Holdings Limited (青島港金融控股有限公司), a wholly-owned subsidiary of QDP Qingdao Port International Co., Ltd. / 2017 Annual Report 3 DEFINITIONS “Qiangang Branch” Qiangang Branch of Qingdao Port International Co., Ltd. (青島港國際股份有限公司 前港分公司), a branch of the Company, which is mainly engaged in the business of providing ore, coal and other cargo handling and ancillary services “Qingdao Finance” Qingdao Port Finance Co., Ltd. (青島港財務有限責任公司), a subsidiary jointly established by the Company (holding 70% equity interests) and QDP (holding 30% equity interests), which is mainly engaged in the provision of depository services, credit granting services, financial and financing advisory services, credit assurance services and relevant consulting and agency services; trade receivables collection and payment services; internal fund transfer and settlement services formulation of proposals for the corresponding settlement and clearing services and other financial services to QDP and its group companies “Qingdao Gangsheng” Qingdao Gangsheng International Logistics and Refrigeration Co., Ltd. (青島港盛國際物 流冷藏有限公司), a connected person of the Company “Qingdao Port Financial Qingdao Port Financial Leasing Co., Ltd. (青島港國際融資租賃有限公司), a former Leasing” subsidiary of the Company, which is an indirectly wholly-owned subsidiary of QDP currently “Qingdao OST” Qingdao Ocean Shipping Tally Co., Ltd. (青島外輪理貨有限公司), a subsidiary in which the Company holds 84% equity interests, which is mainly engaged in the business of providing tallying services “Qingdao Port Logistics” Qingdao Port International Cargo Logistics Co., Ltd. (青島港國際物流有限公司), a wholly-owned subsidiary of the Company, which is mainly engaged in the business of providing logistics value-added services, such as transportation and agency service “Qingdao Shihua” Qingdao Shihua Crude Oil Terminal Co., Ltd. (青島實華原油碼頭有限公司), a joint venture in which the Company holds 50% equity interests, which is mainly engaged in the business of providing liquid bulk handling and ancillary services “Qingwei Container” Weihai Qingwei Container Terminal Co., Ltd. (威海青威集裝箱碼頭有限公司), a joint venture in which the Company holds 49% equity interests, which is mainly engaged in the business of providing container handling and ancillary services “Qingyin Financial Leasing” Qingdao Qingyin Financial Leasing Co., Ltd. (青島青銀金融租賃有限公司), an associate in which the Company holds 9% equity interests, which is mainly engaged in leasing of operating assets “QQCT” Qingdao Qianwan Container Terminal Co., Ltd. (青島前灣集裝箱碼頭有限責任公司), a joint venture in which the Company holds 51% equity interests, which is mainly engaged in the business of providing container handling and ancillary services “Shanghai China Shipping Shanghai China Shipping Terminal Development Co., Ltd., a company established in Terminal” the PRC and a wholly-owned subsidiary of COSCO Shipping Port Co., Ltd. “Subscription of Domestic Shares” the subscription of an aggregate of 1,015,520,000 new domestic shares of the Company by Shanghai China Shipping Terminal 4 Qingdao Port International Co., Ltd. / 2017 Annual Report DEFINITIONS “TEU” twenty-feet equivalent unit, a standard unit of measurement of the volume of a container
Recommended publications
  • Report 2011–5010
    Shahejie−Shahejie/Guantao/Wumishan and Carboniferous/Permian Coal−Paleozoic Total Petroleum Systems in the Bohaiwan Basin, China (based on geologic studies for the 2000 World Energy Assessment Project of the U.S. Geological Survey) 114° 122° Heilongjiang 46° Mongolia Jilin Nei Mongol Liaoning Liao He Hebei North Korea Beijing Korea Bohai Bay Bohaiwan Bay 38° Basin Shanxi Huang He Shandong Yellow Sea Henan Jiangsu 0 200 MI Anhui 0 200 KM Hubei Shanghai Scientific Investigations Report 2011–5010 U.S. Department of the Interior U.S. Geological Survey Shahejie−Shahejie/Guantao/Wumishan and Carboniferous/Permian Coal−Paleozoic Total Petroleum Systems in the Bohaiwan Basin, China (based on geologic studies for the 2000 World Energy Assessment Project of the U.S. Geological Survey) By Robert T. Ryder, Jin Qiang, Peter J. McCabe, Vito F. Nuccio, and Felix Persits Scientific Investigations Report 2011–5010 U.S. Department of the Interior U.S. Geological Survey U.S. Department of the Interior KEN SALAZAR, Secretary U.S. Geological Survey Marcia K. McNutt, Director U.S. Geological Survey, Reston, Virginia: 2012 For more information on the USGS—the Federal source for science about the Earth, its natural and living resources, natural hazards, and the environment, visit http://www.usgs.gov or call 1–888–ASK–USGS. For an overview of USGS information products, including maps, imagery, and publications, visit http://www.usgs.gov/pubprod To order this and other USGS information products, visit http://store.usgs.gov Any use of trade, product, or firm names is for descriptive purposes only and does not imply endorsement by the U.S.
    [Show full text]
  • Original Article Effect of Multidimensional Comprehensive Intervention on Medication Compliance, Social Function and Incidence of MACE in Patients Undergoing PCI
    Am J Transl Res 2021;13(7):8058-8066 www.ajtr.org /ISSN:1943-8141/AJTR0131043 Original Article Effect of multidimensional comprehensive intervention on medication compliance, social function and incidence of MACE in patients undergoing PCI Yan Zhang1*, Yuhua Yang2*, Jinggang Xiao3, Yao Sun4, Suping Yang5, Xintao Fu6 1Department of Cardiovascular Medicine, Jinan People’s Hospital Affiliated to Shandong First Medical University, Jinan, Shandong, China; 2Department of Drug Dispensing, Zibo Central Hospital, Zibo, Shandong, China; 3The Second Department of Cardiovascular Medicine, Linqing People’s Hospital, Linqing, Shandong, China; 4Depart- ment of General Practice, Zibo Central Hospital, Zibo, Shandong, China; 5Department of Geriatrics, Binzhou Hos- pital of Traditional Chinese Medicine, Binzhou, Shandong, China; 6Department of Cardiac Surgery, Zibo Municipal Hospital, Zibo, Shandong, China. *Equal contributors and co-first authors. Received January 29, 2021; Accepted March 29, 2021; Epub July 15, 2021; Published July 30, 2021 Abstract: Objective: To analyze the effect of multidimensional comprehensive intervention on medication compli- ance, social function and incidence of major adverse cardiovascular events (MACE) in patients undergoing percuta- neous coronary intervention (PCI). Methods: Ninety-eight patients with coronary heart disease (CHD) who underwent PCI in our hospital were selected and divided into the regular group (n=46, receiving regular nursing intervention) and the comprehensive group (n=52, receiving multidimensional comprehensive nursing intervention) according to the different nursing intervention methods. The medication compliance, social function, quality of life, and inci- dence of MACE were compared between the two groups. Results: The comprehensive group showed significantly higher rates of taking medication on time, taking medication according to the proper amount, taking medication at the recomended times, no increase or decrease in the amount of medication, and taking medication without interruption than the regular group (P < 0.05).
    [Show full text]
  • Microrna-146 Protects A549 and H1975 Cells from LPS-Induced Apoptosis and Inflammation Injury
    J Biosci Vol. 42, No. 4, December 2017, pp. 637–645 Ó Indian Academy of Sciences DOI: 10.1007/s12038-017-9715-4 MicroRNA-146 protects A549 and H1975 cells from LPS-induced apoptosis and inflammation injury 1 2 3 1 1 4 QIANG WANG ,DAGANG LI ,YUQUAN HAN ,XIAOQIAN DING ,TAO XU and BINGJIAN TANG * 1Department of Respiratory, The Affiliated Hospital of Qingdao University, Qingdao 266003, China 2Department of Respiratory, East Medical District, Linyi People’s Hospital, Linyi 276000, China 3Department of Emergency, Qingdao Huangdao District People’s Hospital, Qingdao 266400, China 4Department of Respiratory, Linqing People’s Hospital, Linqing 252600, China *Corresponding author (Email, [email protected]) MS received 28 January 2017; accepted 29 September 2017; published online 26 October 2017 Pneumonia is an inflammatory condition affecting the lungs, in which pro-inflammatory cytokines are secreted. It has been shown that microRNA-146 (miR-146) is involved in the regulation of immune and inflammatory responses. The present study explored the protective effects of miR-146 overexpression on lipopolysaccharide (LPS)-mediated injury in A549 and H1975 cells. In this study, A549 and H1975 cells were transfected with miR-146 mimic or inhibitor, and then were subjected with LPS. Thereafter, cell viability, colony formation capacity, apoptosis, the release of proinflammatory factors, Sirt1 expression, and the expression of NF-jB and Notch pathway proteins were respectively assessed. As a result, miR- 146 overexpression exerted protective functions on LPS-damaged A549 and H1975 cells, as evidenced by the increases in cell viability and colony number, the decrease in apoptotic cell rate, as well as the down-regulations of IL-1, IL-6, and TNF- a.
    [Show full text]
  • STOXX Greater China 80 Last Updated: 01.08.2017
    STOXX Greater China 80 Last Updated: 01.08.2017 Rank Rank (PREVIOU ISIN Sedol RIC Int.Key Company Name Country Currency Component FF Mcap (BEUR) (FINAL) S) TW0002330008 6889106 2330.TW TW001Q TSMC TW TWD Y 113.9 1 1 HK0000069689 B4TX8S1 1299.HK HK1013 AIA GROUP HK HKD Y 80.6 2 2 CNE1000002H1 B0LMTQ3 0939.HK CN0010 CHINA CONSTRUCTION BANK CORP H CN HKD Y 60.5 3 3 TW0002317005 6438564 2317.TW TW002R Hon Hai Precision Industry Co TW TWD Y 51.5 4 4 HK0941009539 6073556 0941.HK 607355 China Mobile Ltd. CN HKD Y 50.8 5 5 CNE1000003G1 B1G1QD8 1398.HK CN0021 ICBC H CN HKD Y 41.3 6 6 CNE1000003X6 B01FLR7 2318.HK CN0076 PING AN INSUR GP CO. OF CN 'H' CN HKD Y 32.0 7 9 CNE1000001Z5 B154564 3988.HK CN0032 BANK OF CHINA 'H' CN HKD Y 31.8 8 7 KYG217651051 BW9P816 0001.HK 619027 CK HUTCHISON HOLDINGS HK HKD Y 31.1 9 8 HK0388045442 6267359 0388.HK 626735 Hong Kong Exchanges & Clearing HK HKD Y 28.0 10 10 HK0016000132 6859927 0016.HK 685992 Sun Hung Kai Properties Ltd. HK HKD Y 20.6 11 12 HK0002007356 6097017 0002.HK 619091 CLP Holdings Ltd. HK HKD Y 20.0 12 11 CNE1000002L3 6718976 2628.HK CN0043 China Life Insurance Co 'H' CN HKD Y 20.0 13 13 TW0003008009 6451668 3008.TW TW05PJ LARGAN Precision TW TWD Y 19.7 14 15 KYG2103F1019 BWX52N2 1113.HK HK50CI CK Property Holdings HK HKD Y 18.3 15 14 CNE1000002Q2 6291819 0386.HK CN0098 China Petroleum & Chemical 'H' CN HKD Y 16.4 16 16 HK0823032773 B0PB4M7 0823.HK B0PB4M Link Real Estate Investment Tr HK HKD Y 15.4 17 19 HK0883013259 B00G0S5 0883.HK 617994 CNOOC Ltd.
    [Show full text]
  • Chapter 4 About Cosco Shipping Ports
    10 COSCO SHIPPING PORTS LIMITED Sustainability Report 2020 CHAPTER 4 ABOUT COSCO SHIPPING PORTS CHAPTER 4 ABOUT COSCO SHIPPING PORTS 11 COSCO SHIPPING PORTS LIMITED Sustainability Report 2020 12 COSCO SHIPPING PORTS LIMITED Sustainability Report 2020 CORPORATE OVERVIEW COSCO SHIPPING Ports is a leading ports operator in the world, with a portfolio covering the five main port regions in Mainland China, Southeast Asia, the Middle East, Europe, South America and the Mediterranean. As of 31 December 2020, COSCO SHIPPING Ports operated and managed 357 berths at 36 ports worldwide, of which 210 were for containers, with a total annual handling capacity of approximately 118 million TEU. The Company upholds its mission of “The Ports for ALL” and strives to build a global terminal network with controlling stake that offers linkage effect on costs, services and synergies, creating mutual benefits across the shipping industry chain, connecting global shipping services and becoming truly “the ports for all people”. COSCO SHIPPING Ports’ intermediate holding company is COSCO SHIPPING Holdings Co., Limited (stock code: 1919 (H Share), 601919 (A Share)) whose ultimate holding company, China COSCO SHIPPING Corporation Limited, is the largest integrated shipping enterprise in the world. As at 31 December 2020, COSCO SHIPPING holds 46.22% share in COSCO SHIPPING Holdings, which in turn holds 50.23% share in COSCO SHIPPING Ports. KEY ECONOMIC PERFORMANCE IN THE LAST FIVE YEARS: Revenue Total Asset (US$ million) (US$ million) 11,224 1,028 10,477 1,000 1,001 8,954 9,046 6,787 635 556 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 Total Throughput (million TEU) 123.78 123.82 117.37 100.20 95.07 2016 2017 2018 2019 2020 For detailed economic performance, please refer to the 2020 Annual Report of COSCO SHIPPING Ports.
    [Show full text]
  • Analysis of Competitive Position of Chinese Ports As Results of Non-Proximity Collaboration in the OBOR Period
    Erasmus University Rotterdam MSc in Maritime Economics and Logistics 2017/2018 Analysis of Competitive Position of Chinese Ports as Results of Non-proximity Collaboration in the OBOR Period by Guanjiabao Wen copyright © Guanjiabao Wen Acknowledgements The researcher wants to give thanks to all the persons that have supported a lot for this thesis. It is my honour to express my thanks. First, I would like to thank myself for full of passion and concentration to this study and finally finish the thesis successfully. To my family, I really appreciated that my father and mother support and believed me unconditionally. To my supervisor, Professor Dr. Elvira Haezendonck for guiding and helping me from the very start for the proposal until the completion of a thesis with her patience and rich knowledge. To my classmates, they companied me during whole thesis period; we encouraged and helped each other by updating the progress among our group. Especially Chen Yu, he inspired and taught me a lot with his rich working experience and precisian studying attitude. To MEL faculty, Renee, Felicia and Martha really did their best to help us with time management and thesis quality, which ensure most of us followed the thesis schedule. Last but not least, to my boyfriend, Chen Yichao for taking care of me during daily life, enable me to have a stable mental statue to deal with the pressure from the thesis. 1 Abstract Since the One Belt and One Road(OBOR) initiative was proposed by China’s president, Xi Jinping in 2013, China aims to create the world’s largest platform for economic cooperation.
    [Show full text]
  • March 2, 2020 I Vol - 131
    NEWS March 2, 2020 I Vol - 131 Hamriyah Free Zone woos exporters from Kerala to UAE India: JNPT walks back direct terminal handling fees Federation of Indian Export Organisations, Kerala Indian regulatory measures to address nagging shipper concerns about “arbitrary” terminal pricing have begun to yield Chapter jointly with Hamriyah Free Zone Authority has positive results, at least on a limited scale, according to shippers and customs brokers operating in the country. Effective organised a seminar on the opportunities available in Monday, terminal operators at Jawaharlal Nehru Port (JNPT) have agreed to lift the additional direct port delivery (DPD) cargo UAE for exporters. Speaking on the occasion, Ali Al shifting charges they had previously sought to impose beyond the port’s base fee. DPD handling gives importers the option to Jarwan, Deputy Executive Director, Hamriyah Free Zone, clear cargo directly from the wharf within 48 hours of landing. “JNPT will charge only one shifting charge and applicable dwell said India has emerged the third largest trading partner time charges for DPD containers moved to CFSs [container freight stations] after 48 hours,” the Brihanmumbai Custom Brokers of UAE after China and the US and the trade between Association (BCBA) said of the move. That cost revision is significant, as a good portion of DPD cargo is shifted off-site, after two countries has touched $60 billion today compared being declared out-of-charge by customs, as cargo owners generally prefer to store goods at port-side yards longer because of to $180 million in the 70s. Moreover, UAE is the second limited warehousing capacity in and around their production sites.
    [Show full text]
  • Information Extraction of Tourist Geological Resources Based on 3D Visualization Remote Sensing Image
    The International Archives of the Photogrammetry, Remote Sensing and Spatial Information Sciences, Volume XLII-3, 2018 ISPRS TC III Mid-term Symposium “Developments, Technologies and Applications in Remote Sensing”, 7–10 May, Beijing, China INFORMATION EXTRACTION OF TOURIST GEOLOGICAL RESOURCES BASED ON 3D VISUALIZATION REMOTE SENSING IMAGE Wang Xulong Shandong Remote Sensing Center of Technology and Application, Jinan, China [email protected] Commission III, WG III/1 KEY WORDS: Remote sensing image, 3D visualization, Tourism geological resources, Information Extraction, Investigation ABSTRACT: Tourism geological resources are of high value in admiration, scientific research and universal education, which need to be protected and rationally utilized. In the past, most of the remote sensing investigations of tourism geological resources used two-dimensional remote sensing interpretation method, which made it difficult for some geological heritages to be interpreted and led to the omission of some information. This aim of this paper is to assess the value of a method using the three-dimensional visual remote sensing image to extract information of geological heritages. skyline software system is applied to fuse the 0.36m aerial images and 5m interval DEM to establish the digital earth model. Based on the three-dimensional shape, color tone, shadow, texture and other image features, the distribution of tourism geological resources in Shandong Province and the location of geological heritage sites were obtained, such as geological structure, DaiGu landform, granite landform, Volcanic landform, sandy landform, Waterscapes, etc. The results show that using this method for remote sensing interpretation is highly recognizable, making the interpretation more accurate and comprehensive. 1. INTRODUCTION features of the geological heritage displayed in the three- dimensional visualized remote sensing image, remote sensing Tourism geological resources are of high value in admiration, interpretation keys are established(Zhao, 2013).
    [Show full text]
  • 2012 Summarized Annual Report of Qilu Bank Co., Ltd. (The Annual Report Is Prepared in Chinese and English
    2012 Summarized Annual Report of Qilu Bank Co., Ltd. (The annual report is prepared in Chinese and English. English translation is purely for reference only. Should there be any inconsistencies between them; the report in Chinese shall prevail.) Ⅰ. General Introduction ()Ⅰ Legal Name in Chinese:齐鲁银行股份有限公司 (Abbreviation: 齐鲁银行 ) Legal Name in English: QiLu Bank Co., Ltd. (Ⅱ ) Legal Representative: Wang Xiaochun (Ⅲ ) Secretary of the Board of Directors: Mao Fangzhu Address: No.176 Shunhe Street, Shizhong District, Jinan City, Shandong Province Tel: 0531-86075850 Fax: 0531-86923511 Email: [email protected] (Ⅳ ) Registered Address: No.176 Shunhe Street, Shizhong District, Jinan City Office Address: No.176 Shunhe Street, Shizhong District, Jinan City Postcode: 250001 Website: http://www.qlbchina.com (Ⅴ ) Newspapers for Information Disclosure: Financial News Website for Information Disclosure: http://www.qlbchina.com Place where copies of the annual report are available at: The Board of Directors' Office of the Bank (Ⅵ ) Other Relevant Information Date of the Initial Registration: 5 June 1996 Address of the Initial Registration: Shandong Administration for Industry and Commerce Corporate Business License Number: 370000018009391 Tax Registration Number: Ludishuiji Zi No.370103264352296 Auditors: Ernst &Young Hua Ming LLP Auditors’ Address: Level 16, Ernst & Young Tower, Oriental Plaza No.1, East Changan Avenue, Dong Cheng District, Beijing, China 1 II. Financial Highlights (I) Main Profit Indicators for the Reporting Period (Group) Unit
    [Show full text]
  • Presentation on “Traincost” Point-To-Point Train Costing Model
    Expert Group Meeting on Documentation and Procedures for Rail- Based Intermodal Transport Services in Northeast and Central Asia Bangkok 30-31 August 2016 Item 6: Overview of documents and procedures in current use on selected routes: Routes 1A, 1B and 2 Building 1 CONTENT For international transit routes: 1A (Republic of Korea to Europe via China and Kazakhstan); 1B (Republic of Korea to Central Asia via China); and 2 (Republic of Korea via China, Mongolia and Russian Federation), will consider: 1. Route status and major traffic flows 2. Summary of border control procedures and performance for route 3. Border control procedures in ports 4. Border control procedures at land borders 5. Documents used for border clearance along each route 2 Routes 1A and 1B: 1. Route status and major traffic flows • Routes shown in map on next slide • Route 1A starts in Port of Busan ROK and ends in Duisberg, Germany – total distance of 12,240 km, of which sea distance (via Lianyungang Port) is 1,114 km and rail distance 11,126 km • Route 1B starts in Port of Busan or Port of Incheon ROK and ends in Almaty or Tashkent – total distance (Incheon-Almaty via Qingdao Port), 5,549 km, of which sea distance is 659 km and rail distance 4,890 km • Both routes pass through one of two border control posts on the border between China and Kazakhstan, at Dostyk/Alashankou or Altynkol/Khorgos, where international cargo is stopped for transhipment between rail gauges, as well as for inspection and clearance procedures • In addition to intermodal transit cargo between ROK
    [Show full text]
  • The Evolution Pathways, Dynamics and Perspectives of Ningbo-Zhoushan Port (China)
    From a feeder port to a hub port: the evolution pathways, dynamics and perspectives of Ningbo-Zhoushan port (China) Abstract: This paper analyses the spatio-temporal evolution of Ningbo-Zhoushan port growing from a feeder port to a hub port finding the historical pathways followed by its expanding in terms of container throughput capacity and total traffic. The dynamic mechanism of evolution is the results of economic globalization, containerization and its natural endowments in channel and terminal depths. Analysis of the traffic evolution and its underlying dynamics suggest 3 periods in the development processes of container transport in Ningbo-Zhoushan: (1) adoption period (1986-2000) in which the main dynamics is the impact of the Chinese ‘Open Door policy’; (2) acceleration period (2001-2008) in which the dynamics is related of the mainland China’s entry into the WTO; (3) peak growth period (2009-now) in which the dynamics is impacted by the anti-crisis strategy against the financial and economic crisis in 2008. We analyse the perspectives of Ningbo-Zhoushan port. ARIMA model is employed to forecast the container traffic in the coming future; about after 2026, the throughput in Ningbo-Zhoushan port would reach about 49 million TEU which would be approximately equal to that of Shanghai port. The resultant port development would exemplify a model of spatial distribution such as a multi-layered gateway hub. In the respect of growth potential, Ningbo-Zhoushan port possesses excellent coastline resource suitable for deep-water berthing, bonded port policy and free trade zone policy. Geographical position, service level, hinterland economic level and government will support its perspectives.
    [Show full text]
  • Analysis of Spatial-Temporal Distribution of Notifiable Respiratory
    Li et al. BMC Public Health (2021) 21:1597 https://doi.org/10.1186/s12889-021-11627-6 RESEARCH ARTICLE Open Access Analysis of spatial-temporal distribution of notifiable respiratory infectious diseases in Shandong Province, China during 2005– 2014 Xiaomei Li1†, Dongzhen Chen1,2†, Yan Zhang3†, Xiaojia Xue4, Shengyang Zhang5, Meng Chen6, Xuena Liu1* and Guoyong Ding1* Abstract Background: Little comprehensive information on overall epidemic trend of notifiable respiratory infectious diseases is available in Shandong Province, China. This study aimed to determine the spatiotemporal distribution and epidemic characteristics of notifiable respiratory infectious diseases. Methods: Time series was firstly performed to describe the temporal distribution feature of notifiable respiratory infectious diseases during 2005–2014 in Shandong Province. GIS Natural Breaks (Jenks) was applied to divide the average annual incidence of notifiable respiratory infectious diseases into five grades. Spatial empirical Bayesian smoothed risk maps and excess risk maps were further used to investigate spatial patterns of notifiable respiratory infectious diseases. Global and local Moran’s I statistics were used to measure the spatial autocorrelation. Spatial- temporal scanning was used to detect spatiotemporal clusters and identify high-risk locations. Results: A total of 537,506 cases of notifiable respiratory infectious diseases were reported in Shandong Province during 2005–2014. The morbidity of notifiable respiratory infectious diseases had obvious seasonality with high morbidity in winter and spring. Local Moran’s I analysis showed that there were 5, 23, 24, 4, 20, 8, 14, 10 and 7 high-risk counties determined for influenza A (H1N1), measles, tuberculosis, meningococcal meningitis, pertussis, scarlet fever, influenza, mumps and rubella, respectively.
    [Show full text]