TIANJINPORT DEV (03382) Subsidiary Material Company Plans to Sell 100% Equity of Import Company for RMB 5.3516 Million

Stock News
Dec 29, 2025

TIANJINPORT DEV (03382) announced that on December 29, 2025, Material Company, a subsidiary of the Company, entered into an equity transfer contract with Dongjiang International Trade Company. Under the agreement, Material Company has consented to sell, and Dongjiang International Trade Company has agreed to purchase, the entire 100% equity interest in Import Company, with the consideration set at approximately RMB 5.3516 million. Once the disposal is finalized, the Company will no longer hold any indirect equity in Import Company, and Import Company will cease to be a subsidiary of the Company. The disposal is conducive to the Group’s focus on core operations, channeling management resources and operational priorities into key domains such as port loading, unloading, and logistics. It will further strengthen the core competitiveness and sustainable operational quality of the main business, aid the Group in expediting the development of a world-class green and intelligent hub port, and enhance long-term core competitiveness and profitability. This aligns with the Group’s overall development strategy and the collective interests of the Company and its shareholders.

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