Annual Report 2023

ANNUAL REPORT 2023 19 South-East region of Mainland China Shantou China Merchants Port Group Co., Ltd. handled a container throughput of 1.64 million TEUs, representing an increase of 0.9% year-on-year, mainly due to the increase in international cargoes; and handled a bulk cargo volume of 4.62 million tonnes, up by 21.0% year-on-year, which was mainly benefitted from the increase in the import of foreign trading coal. Zhangzhou China Merchants Port Co., Ltd. located in the Xiamen Bay Economic Zone handled a container throughput of 0.36 million TEUs, increased by 7.2% year-on- year, mainly attributable to the expansion of laden containers resources of domestic trade in hinterland and newly added shipping routes, as well as the increment of sea-rail combined transport; its bulk cargo volume increased by 9.3% year-on- year to 9.17 million tonnes, which was mainly benefitted from the favorable policy related to the grain and log businesses. Xia Men Bay China Merchants Terminals Co., Ltd. handled a bulk cargo volume of 6.20 million tonnes, up by 2.0% year- on year. South-West region of Mainland China Zhanjiang Port (Group) Co., Ltd. handled a container throughput of 1.27 million TEUs, representing an increase of 3.0% year-on-year, which was mainly due to the expansion of the iron ore, coal and grain business; and handled a bulk cargo volume of 94.45 million tonnes, up by 13.6% year-on- year. Taiwan Kao Ming Container Terminal Corp. in Kaohsiung handled a total container throughput of 1.67 million TEUs, representing a decrease of 18.5% year-on-year, which was mainly due to the decrease in transshipment business.