China Merchants Port boosts shareholder returns, projects steady growth

** China Merchants Port Group (SZSE:001872) announced a comprehensive plan demonstrating strong financial performance and commitment to shareholder value. The group confirmed a CNY 6.10 billion in related party transactions for 2024 and projected CNY 5.71 billion for 2025, covering leasing, service provisions, and labor services. Furthermore, the board approved the distribution plan of cash dividends of CNY 1,842,769,687.18 and authorized a share repurchase plan involving CNY 19,500 to 38,900. This includes planned capital expenditure of CNY 1,478. In a nod to managing currency risks and optimizing financing, the group is also planning to conduct currency swap transactions not exceeding CNY 3.5 billion. This integrated strategy underscores China Merchants Port's focus on balancing growth with shareholder remuneration while strategically navigating financial risks.