An announcement was made by Tianjin Port Development (03382) regarding a proposed acquisition by its subsidiary. On June 8, 2026, the company's subsidiary, Tianjin Port Co., Ltd., entered into a Letter of Intent for Acquisition with the company's controlling shareholder, Tianjin Port Group. The agreement concerns the intended purchase of 100% equity interests in two entities held by Tianjin Port Group.

The targets of the acquisition are Tianjin Port Second Container Terminal Co., Ltd. and Tianjin Port Huisheng Terminal Co., Ltd. The proposed transaction would see Tianjin Port Co., Ltd. acquire full ownership of both companies. The consideration for the purchase is planned to be settled through the issuance of new shares by Tianjin Port Co., Ltd. to Tianjin Port Group. The final transaction price will be determined through negotiations between the involved parties.