China Merchants Port Holdings Company Limited ("CMPort") was listed on the Hong Kong Stock Exchange in 1992, as the first mainland red chip enterprise to be listed in Hong Kong. Due to robust growth and increased market recognition, it became a Hong Kong Hang Seng Index constituent stock in September 2004. CMPort's parent company is China Merchants Group, a conglomerate established in 1872, whose three core businesses include Transportation (Ports and Related Services, Toll Roads, Energy Shipping and Logistics), Finance (Banking, Securities, Funds, Insurance) and Property.
CMPort is the largest public port operator in China with investments in Mainland China, Hong Kong and overseas. Its nationwide port network expands across the Bohai Economic Zone, the Yangtze River Delta, the Xiamen Bay Economic Zone, the Pearl River Delta, and the Southwest region, includes the coastal hub ports in Hong Kong, Shenzhen, Ningbo, Shanghai, Qingdao, Tianjin, Xiamen Bay and Zhanjiang. Besides, the joint venture established by CMPort and China - Africa Development Fund has successfully acquired 47.5% stake of Tin-Can Island Container Terminal LTD. in Nigeria in 2010.
In 2015, CMPort invested terminals handled 83.66 million TEUs-topping national rankings and placing CMPort at the forefront of the world's largest independent port operators. Throughput volume of CMHI-invested terminals in mainland China accounted for 29% of China's total container throughput.
In addition to the container terminal business, CMPort is also proactively developing value-added marine logistics services relating to the port industry, which include the Bonded Logistics Park in Shenzhen, Qingdao and the Tianjin Haitian Bonded Logistics Zone, apart from the fast and safe information platforms serving for its terminals, logistics parks and customers, and the South China Shuttle Barge Services complementary to Shenzhen western terminals.
CMPort strives to find its place in new areas by establishing China Merchants Americold Logistics Company Limited jointly with Americold Realty Trust to operate an integrated nationwide cold-chain platform in China.
CMPort adheres to a "customer first" principle. It strives to strengthen its core competencies to serve the expanding global economy.
updated 19th August, 2016
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