Rizhao Port Jurong Revises Annual Caps Under 2025-2027 SDP Park Management Agreement
Rizhao Port Jurong Co., Ltd. has announced a supplemental agreement to revise the annual caps under the 2025-2027 SDP Park Management Framework Agreement. The agreement was entered into between the company and SDP Park Management and its subsidiaries. SDP Park Management, a subsidiary of Shandong Port Group, remains the sole provider of office and logistical services in the Rizhao port area, including canteen catering, staff accommodation, property, and printing services. The revision reflects the company's expanded demand for landscaping, sanitation and cleaning, and employee benefits. The company's board believes that the supplemental agreement and increased annual caps are in the best interests of its shareholders.
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