Rizhao Port Jurong Co., Ltd. (Stock Code: 6117) announced an update to the 2025–2027 Property Lease (Sale) Framework Agreement originally signed with controlling shareholder Shandong Port Rizhao Port Group Co., Ltd. (Rizhao Port Group). On 6 November 2025, both parties agreed on a Supplemental Agreement to revise the existing upper limits on lease transactions for berths and related properties.

Under the revised arrangement, total annual caps for 2025 will increase from RMB10.5 million to RMB13.5 million, while the annual caps for 2026 and 2027 remain at RMB10.5 million each. The change is mainly due to higher anticipated demand for temporary berthing services in the West-1 and West-2 berths.

Rizhao Port Group is a connected person to Rizhao Port Jurong and holds controlling interest. Therefore, these transactions constitute continuing connected transactions under Chapter 14A of the Listing Rules. Since the highest applicable percentage ratio is between 0.1% and 5% annually, the revision will be subject to reporting, annual review, and announcement requirements, but no circular or independent shareholders’ approval is required.

Company management stated that this revision aligns with increases in operational demand and emphasized that internal control measures remain in place. These include regular monitoring of transaction amounts and periodic reviews by the audit committee, external auditors, and independent non-executive directors to ensure compliance with the Listing Rules and terms of the supplemental agreement.