QNDPF OTC

Qingdao Port International Co., Ltd. (QPI) is the primary operator of the significant Port of Qingdao. Its extensive business activities are segmented into six key areas: container handling and related services; managing the movement of metal ores, coal, and other dry bulk cargo; liquid bulk operations; comprehensive logistics and value-added port services; general port support services; and a dedicated financial services division. QPI's core function involves the efficient loading and unloading of a wide array of goods, including containerized freight, various bulk commodities such as metal ores, coal, and grains, as well as break bulk, liquid bulk products, and general cargo. Beyond cargo movement, the company offers a broad spectrum of auxiliary services, including storage solutions, complete port management, operating container freight stations, cargo logistics coordination, diverse agency services, vessel towing, cargo tallying, and facilities construction. Furthermore, QPI engages in the manufacturing of specialized port-related machinery and equipment. It also plays a role in supplying essential utilities like electricity and fuel, among other products. Its service portfolio extends to specialized areas such as port machinery fabrication, construction projects, providing tugboat and barging operations, and ocean shipping tallying. Additionally, the company ensures port safety through dedicated security and emergency services, handles cargo with stevedoring and general handling, and even deals with textile and apparel logistics. QPI's financial division delivers a range of services, encompassing deposit collection, guarantees, insurance brokerage, investment and financial management, and corporate lending. The company also provides an expansive suite of other professional services, including shipping vessel repair and agency, engineering and construction projects, cargo and trade agency, sophisticated engineering design, technological support, property administration, media services, lightering operations, oil pipeline transportation, and various inspection and quality control services. Notably, QPI is also involved in liquefied natural gas (LNG) operations. As of December 31st, 2021, QPI managed and operated a substantial 92 berths at the Port of Qingdao. Established in 2013, the company's headquarters are located in Qingdao, People's Republic of China. Qingdao Port International functions as a subsidiary under the umbrella of Shandong Qingdao Port Group Co., Ltd.