In this study, we constructed an Ecopath model of the artificial reef ecosystem in Laizhou Bay, with special emphasis on the stock enhancement opportunities. Laizhou Bay is the largest semi-enclosed bay in the Bohai Sea, China, where multiple factors, especially overfishing, have led to the decline of many commercial marine fish stocks. Artificial oyster reefs were developed in 2011 in this region, providing shelter, feeding, and breeding sites for marine organisms. Additionally, stock enhancement by release can be used to replenish fishery species resources. Ad hoc stock enhancement, however, can fail to bring economic benefits and may impact ecosystem stability. Therefore, we estimated the ecological carrying capacity of the three main economic fish species in Laizhou Bay, including black rockfish (Sebastes schlegelii), fat greening (Hexagrammos otakii), and Chinese seabass (Lateolabrax maculatus) before release to ensure the sustainable use of fishery resources. The Ecopath model in Laizhou Bay was divided into 17 functional groups based on commercial relevance, dietary similarity, and habitat needs of the species present in the area. The ecological parameters, such as the ratio of total primary productivity to total respiration (1.205), connectance index (0.207), and system omnivory index (0.090) indicated that the artificial reef ecosystem in Laizhou Bay has a relatively simple food web structure. The ecological carrying capacities of S. schlegelii, H. otakii, and L. maculatus were assessed at 0.4676 t/km2, 0.5472 t/km2, and 0.3275 t/km2, respectively. This study provides a reference for the formulation of fishery strategies to maintain ecosystem stability and biodiversity and to maximize fishery returns and sustainability in Laizhou Bay. © 2022 by the authors.