LIAONING PORT (Stock Code: 02880) Announces Progress of Lawsuits Involving Subsidiary DCT Logistics

Bulletin Express
03/05

On 5 March 2026, Liaoning Port Co., Ltd. released an update on multiple lawsuits related to its subsidiary, DCT Logistics. The announcement states that the company appears as the plaintiff in one case worth RMB300.00 million and as the defendant in eight cases totaling RMB1.06 billion. According to the filing, one case has been appealed by the plaintiff, one has reached conclusion following adjudication, and six remain in the enforcement process.

DCT Logistics has been involved in extensive litigation since 2021, with various courts issuing first- and second-instance judgments. Decisions in certain disputes have been contested and retried, reflecting ongoing complexities. Most cases concern alleged losses of goods or related compensation. Additionally, DCT Logistics entered bankruptcy liquidation proceedings on 16 December 2025.

The company reiterates that DCT Logistics is a limited liability entity. Even in a worst-case scenario, Liaoning Port Co., Ltd. expects any potential losses to be capped at about RMB180.00 million, which the company deems immaterial to its overall financial position. It continues to pursue appropriate legal measures and will disclose further developments in a timely manner, urging investors to be aware of potential risks.

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