Tianjin Port Development Proposes Sale of 60% Stake in Subsidiary
Tianjin Port Logistics Development Co., Ltd., a subsidiary of Tianjin Port Development Holdings Ltd., has provided an update regarding the proposed disposal of its 60% equity interest in Tianjin Zhongtie Storage and Transportation Co., Ltd. The company completed its pre-listing disclosure for the transaction on the Tianjin Property Rights Exchange Centre on 23 October 2025, with the process expected to conclude on 19 November 2025. Following this step, the subsidiary intends to proceed with the public listing of the equity interest, setting a proposed minimum bidding price at RMB22,524,300. The final transaction consideration will be determined by the highest successful bid.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tianjin Port Development Holdings Ltd. published the original content used to generate this news brief on November 10, 2025, and is solely responsible for the information contained therein.
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