Tianjin Port Development Holdings Ltd. has agreed to dispose of its subsidiary, Goods and Materials Co, to Dongjiang International Trade Co, a subsidiary of Tianjin Port Group Co. The terms of the equity transfer agreement were described as fair and reasonable by the company’s board of directors, who believe the transaction is in the best interests of the company and its shareholders. Goods and Materials Co is primarily engaged in the sales of supplies and materials, while Dongjiang International Trade Co is involved in trading automobiles, wines, and other goods. Certain directors associated with Tianjin Port Group Co abstained from voting on the transaction in line with good corporate governance practices.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tianjin Port Development Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251229-11968296), on December 29, 2025, and is solely responsible for the information contained therein.