招港B：2025年半年度报告

INTERIMREPORT2025 DateofDisclosure:30August2025 PartIImportantNotes,TableofContentsandDefinitions TheBoardofDirectors(orthe“Board”),theSupervisoryCommitteeaswellasthedirectors,supervisorsandseniormanagersofChinaMerchantsPortGroupCo.,Ltd.(hereinafterreferredtoasthe“Company”)herebyguaranteethefactuality,accuracyandcompletenessofthecontentsofthisReportanditssummary,andshallbejointlyandseverallyliableforanymisrepresentations,misleadingstatementsormaterialomissionstherein. XuSong,theCompany’slegalrepresentative,HuangZhenzhou,theCompany’sChiefFinancialOfficer,andLiuShixia,theperson-in-chargeoftheaccountingorganherebyguaranteethatthefinancialstatementscarriedinthisReportarefactual,accurateandcomplete. AlltheCompany’sdirectorshaveattendedtheBoardmeetingforthereviewofthisReportanditssummary. Anyforward-lookingstatementssuchasfutureplansordevelopmentstrategiesmentionedhereinshallnotbeconsideredastheCompany’spromisestoinvestors.Andinvestorsareremindedtoexercisecautionwhenmakinginvestmentdecisions. RisksfacedbytheCompanyandsolutionshavebeenexplainedinItemXin“PartIIIManagementDiscussionandAnalysis”herein,whichinvestorsarekindlyremindedtopayattentionto. SecuritiesTimes,ChinaSecuritiesJournal,ShanghaiSecuritiesNews,andwww.cninfo.com.cnhavebeendesignatedbytheCompanyforinformationdisclosure.AndallinformationabouttheCompanyshallbesubjecttowhat’sdisclosedontheaforesaidmedia.Investorsarekindlyremindedtopayattentiontothesemedia. TheCompanyisnotsubjecttoanyindustry-specificdisclosurerequirements. TheCompanyhasnointerimdividendplan,eitherintheformofcashorstock. ThisReportanditssummaryhavebeenpreparedinbothChineseandEnglish.Shouldtherebeanydiscrepanciesormisunderstandingsbetweenthetwoversions,theChineseversionsshallprevail. TableofContents PartIImportantNotes,TableofContentsandDefinitions.....................................1PartIICorporateInformationandKeyFinancialInformation.............................6PartIIIManagementDiscussionandAnalysis.......................................................10PartIVEnvironmental,SocialandGovernanceInformation...............................39PartVSignificantEvents...........................................................................................45PartVIShareChangesandShareholderInformation...........................................59PartVIIBonds.............................................................................................................65PartVIIIFinancialStatements.................................................................................69 DocumentsAvailableforReference I.FinancialStatementscarryingthesignaturesandstampsoftheCompanyPrincipal,theChiefFinancialOfficerandthepersoninchargeofaccountingfirm;and II.Originalcopiesofalldocumentsandtheannouncementsthereofdisclosedinthereportingperiodon“SecuritiesTimes”,“ChinaSecuritiesJournal”,and“ShanghaiSecuritiesNews”. Definitions Note:InthisReport,certaintotalnumbersmaynotbeexactlyequaltothesummationoftheirsub-itemnumbersasaresultofroundoff. PartIICorporateInformationandKeyFinancialInformation ICorporateInformation IIContactInformation IIIOtherInformation 1.ContactInformationoftheCompany Indicatebytickmarkwhetheranychangeoccurredtotheregisteredaddress,officeaddressandtheirzipcodes,websiteaddress,emailaddressandothercontactinformationoftheCompanyintheReportingPeriod. □Applicable√Notapplicable NochangeoccurredtothesaidinformationintheReportingPeriod,whichcanbefoundinthe2024AnnualReport. 2.MediaforInformationDisclosureandPlacewherethisReportisLodged IndicatebytickmarkwhetheranychangeoccurredtotheinformationdisclosuremediaandtheplaceforlodgingtheCompany’speriodicreportsintheReportingPeriod. □Applicable√Notapplicable Thewebsiteofthestockexchange,mediaandotherwebsiteswheretheCompany’speriodicreportsaredisclosed,aswellastheplaceforlodgingsuchreportsdidnotchangeintheReportingPeriod. Thesaidinformationcanbefoundinthe2024AnnualReport. 3.OtherRelevantInformation Indicateby tick mark whether any change occurred to the other relevant information in theReportingPeriod. □Applicable√Notapplicable IVKeyFinancialInformation Indicatebytickmarkwhetherthereisanyretrospectiveadjustmentsorrestatementstoprior-yearfinancialstatements. □Yes√No ThetotalsharecapitalattheendofthelasttradingsessionbeforethedisclosureofthisReport: Dilutedearningspersharebasedonthelatesttotalsharecapitalabove: VAccountingDataDifferencesunderChina’sAccountingStandardsforBusinessEnterprises(CAS)and International Financial Reporting Standards(IFRS)and Foreign AccountingStandards 1.NetProfitandEquityunderCASandIFRS □Applicable√Notapplicable NodifferencefortheReportingPeriod. 2.NetProfitandEquityunderCASandForeignAccountingStandards □Applicable√Notapplicable NodifferencefortheReportingPeriod. 3.Reasons for Accounting Data Differences between Domestics and Foreign AccountingPrinciple □Applicable√Notapplicable VINon-recurringGainsandLosses Unit:RMB Otheritemsthatmeetthedefinitionofexceptionalgain/loss: □Applicable√Notappl