Tianjin Port Development Holdings Ltd. has disclosed that its subsidiary, Tianjin Port Logistics Development Co., Ltd., is considering the potential disposal of its 60% equity interest in Tianjin Zhongtie Storage and Transportation Co., Ltd. The sale would be conducted through a public listing on the Tianjin Property Rights Exchange Centre. The final terms, including the transferee and transaction price, have not yet been determined, and there is no assurance that the transaction will proceed. Further announcements will be made if and when major terms are finalized.
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