Rizhao Port Jurong Co., Ltd. (Stock Code: 6117) reported that Rizhao Port Co., Ltd., its controlling shareholder, acquired 44,000,000 H shares through block trades at an average price of approximately HK$0.798 per share, with an aggregate consideration of about HK$35.11 million. According to the announcement, this move demonstrates confidence in the company’s future development.

Following the acquisition, the controlling shareholder’s total shareholding reached 884,000,000 shares, approximately 53.25% of the issued share capital. Among these, 840,000,000 are domestic shares (about 50.60% of total issued share capital), and 44,000,000 are H shares (about 2.65%). The announcement reminds shareholders and potential investors to exercise caution when dealing in the company’s shares.