Yantian Port Group
Founded in 1985, Yantian Port Group (YTP) specializes in port construction, investment, operation, integrated logistics and supporting services. It is a large port group under the Shenzhen Government. Capitalizing on advantageous natural conditions and location, YTP has leveraged the policies of Shenzhen Special Economic Zone and implemented market-oriented development mode. Going through entrepreneurship, joint venture and rapid development, YTP has grown into a large port group focusing on port construction, investment, operation, integrated logistics and supporting services.
With 28 subsidiaries, YTP now has sound profits, total profits exceeding 1 billion for 13 consecutive years. YTP registered over 14 million TEUs of container throughput for the first time in 2017, increasing by 7.7%, 1.396 billion yuan of revenue, growing by 16%, and 1.351 billion yuan of profits, going up by 11%. The appreciation rate of state assets reached 104%.
Yantian Port has three operation zones. The Central Operation Zone has been completed, the Western Operation Zone is to be completed soon, and the Eastern Operation Zone has completed part of the reclamation work. Now it has 20 large deep-water berths with a quay length of 8,212 meters and water depth alongside of 17.4 meters. All the world’s largest 200,000-ton mega-vessels have called at Yantian Port. It has the densest international service network in South China with over 100 services every week, of which European and American services accounting for 60%. Yantian Port is the largest and most profitable container terminal run by one single operator.
YTP also has rich experience in off-dock logistics and supporting service development and management. It operates 1.17 million square meters of warehousing facilities, including 19 bonded warehouses, supervised warehouses, and Yantian Port Modern Logistics Hub, the largest single warehouse and distribution center with built-in ramps in China covering an area of 500,000 square meters. Built in 2015, it was fully used and gained profits at the same year.
Based in Shenzhen, YTP has followed national strategy like the “Belt and Road” to operate ports at home and abroad, aiming to establish a “Grand Seaport” system. In recent years, its outreach has gone beyond Shenzhen to other parts of China and the world.
Domestically, YTP seized opportunities to invest in many dynamic economic zones such as the Guangdong-Hong Kong-Macau Greater Bay Area, the Yangtze River Economic Zone, and Beijing-Tianjin-Hebei Economic Zone. It has invested in and operated a series of domestic ports, such as Huangshi New Port in Hubei, Huizhou Quanwan Coal Port, Shanwei Xiaomo International Logistics Port, Hebei Caofeidian Port, and Hainan Strait Holdings, operating ports all over China. In the global market, YTP actively implemented the “Belt and Road” and expanded overseas investment in Egypt, Malaysia and Thailand. YTP and Hutchison Ports signed a strategic framework agreement on global port and logistics investment cooperation and formed a strategic alliance for overseas investment, and negotiated with COSCO on global strategic cooperation. The Melaka Gateway Project has been approved, and the framework agreement for equity acquisition of Alexandria Port has been confirmed.
During the “13th Five-year Plan”, focusing on “Transformation, Upgrading and Going-out”, YTP establishes “Grand Seaport” system through “coordination of three industries, domestic and overseas development, innovation-driven growth, and integration”. Led by national strategies such as the “Belt and Road”, the Guangdong-Hong Kong-Macau Greater Bay Area, YTP has developed business at home and abroad and promoted the integration of logistics flow, capital flow and information flow. Based on port, covering sectors such as port, logistics and off-dock industries, focusing on investment, it has been developed into an integrated port service provider with profound influence in China.
During the “13th Five-year Plan”, capitalizing on the national strategy of the Yangtze River Economic Zone, based on the listed company "Yantian Port Holdings" and the investment in Huangshi Port, YTP focused on seeking for investment opportunities in ports along the Yangtze River, such as Luzhou Port in Sichuan, Yichang Port in Hubei, Ma’anshan Port in Anhui and Taizhou Port in Jiangsu. Based on Dachanwan Company, a wholly-owned subsidiary in the west of Shenzhen, YTP focuses on business development of the ports in the Xijiang River Basin like Guangxi, which benefits from the strategy of the Pearl River and the Xijiang Economic Belt. At the end of the 13th Five-Year Plan, YTP is committed to establishing a "Grand Seaport" system with reasonable layout, distinct structure, combination of river and sea ports and complementary advantages.
As a responsible corporate citizen, YTP has always been enthusiastic about charity and public welfare to contributing to the society. It has been committed to promoting green port construction with environmental consciousness. It also takes environmental protection factors into account for port design, construction and operation, makes technological innovation in saving energy and resource utilization, and promotes green port construction and ecological protection of surrounding environment.