Annual Report 2019

17 ANNUAL REPORT 2019 Yangtze River Delta region Shanghai International Port (Group) Co., Ltd. handled a container throughput of 43.30 million TEUs, up by 3.1% year-on-year, thanks to the faster ramping of Yangshan Phase IV. Bulk cargo volume handled declined by 23.4% year-on- year to 115 million tonnes, which was mainly affected by the strategic adjustments of its business structure. Benefitted from the adjustment of certain shipping routes, Ningbo Daxie China Merchants International Terminals Co., Ltd. handled a container throughput of 3.29 million TEUs, representing an increase of 4.1% year-on-year. Bohai Rim region Dalian Port (PDA) Company Limited handled a container throughput of 10.22 million TEUs, down by 8.0% year-on- year, which was mainly attributed to the decrease in the business volume of domestic containers as a result of the adjustment on its business structure; bulk cargo volume handled declined by 2.5% year-on-year to 132 million tonnes. Qingdao Qianwan United Container Terminal Co., Ltd. handled a container throughput of 7.92 million TEUs, representing an increase of 14.3% year-on-year, driven by the growth of containers from new international and domestic routes. Qingdao Qianwan West Port United Terminal Co., Ltd. handled bulk cargo volume of 15.59 million tonnes, representing an increase of 0.3% year-on-year. Qingdao Port Dongjiakou Ore Terminal Co., Ltd. handled bulk cargo volume of 59.90 million tonnes, indicating an increase of 4.4% year-on-year. Since the Group has participated in the merger of container terminals in Tianjin, Tianjin Five Continents International Container Terminals Co., Ltd. and Tianjin Port Container Terminal Co., Ltd. contributed a total container throughput of 4.47 million TEUs during the year, representing an increase of 64.5% year-on-year. South-East region of Mainland China Zhangzhou China Merchants Port Co., Ltd., located in Xiamen Bay Economic Zone, handled a container throughput of 0.42 million TEUs, decreased by 7.7% year-on-year, which was affected by the environmental policies and the African Swine Fever in the hinterland, while its bulk cargo volume handled decreased by 43.2% year-on-year to 8.14 million tonnes, due to the significant decrease in the production volume of sandstone, a major cargo type, affected by the environmental policies in the hinterland. In May 2019, Xia Men Bay China Merchants Terminals Co., Ltd. officially commenced operation and handled a bulk cargo volume of 0.27 million tonnes