Cosco Xiamen to Invest 132 Million Yuan in Yantian Port's Indirect Unit

MT Newswires Live

2025/09/16

Shenzhen Yantian Port (SHE:000088) said Cosco Xiamen plans to invest about 132.3 million yuan for a 20% stake in the company's indirect subsidiary, Shenshan Port Investment.

Proceeds will be used for the phase two project construction of Xiaomo Port and the normal operating expenses of Shenshan Port Investment, according to a Tuesday filing with the Shenzhen bourse.

Post-transaction, company subsidiary Yangang Port Operation will hold the remaining 80% stake in Shenshan Port Investment.

Shares of Yantian Port rose 1% in recent trade.

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