Liaoning Port (02880) announced on December 23, 2025, that its branch, the Bulk Grain Terminal Division, and its wholly-owned subsidiary, Yingkou Co., Ltd., have entered into agreements with Dandong Port Group to purchase two gantry cranes and two tugboats for a total consideration of RMB67.24 million.

The Bulk Grain Terminal Division will acquire two gantry cranes, designated as "M246" and "M247," under the Gantry Crane Purchase Agreement for RMB9.35 million. The purchase aims to replace aging equipment, enhance unloading and operational efficiency at berths, meet production demands, mitigate cargo loss, attract additional shipments, and reduce investment costs and manufacturing time associated with new crane procurement. The Board of Directors (including independent non-executive directors) deemed the transaction terms fair, negotiated at arm's length, and aligned with the company's ordinary business operations and shareholder interests.

Yingkou Co., Ltd. will purchase two tugboats, "Andong 23" and "Andong 26," under the Vessel Purchase Agreement for RMB57.89 million. The move addresses insufficient tugboat supply flexibility, particularly during peak winter operations, reduces vessel non-productive time, improves navigation efficiency, strengthens tugboat support capacity in Yingkou Port, and accommodates the LNG project at Xiandao Port while minimizing new vessel investment costs. The Board affirmed the transaction's fairness, commercial rationale, and consistency with the company's routine business activities and shareholder benefits.