Tianjin Port Development Sells 60% Stake in Zhongtie Storage and Transportation

Reuters
2025/12/23
<a href="https://laohu8.com/S/TJIPF">Tianjin Port</a> Development Sells 60% Stake in Zhongtie Storage and Transportation

Tianjin Port Development Holdings Ltd. has provided an update regarding the disposal of a 60% equity interest in Zhongtie Storage and Transportation. The transaction involves Tianjin Port Logistics Development Co., Ltd., a subsidiary of the group, transferring its stake to Jutai Gongmao. The agreement for the disposal was signed on December 23, 2025, with the appraisal reference date set at September 30, 2025. The update confirms that directors of the company did not have any material interest in the disposal and all board resolutions related to the transaction were approved.

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 via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251223-11964892), on December 23, 2025, and is solely responsible for the information contained therein.

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