Qingdao Port (06198) plans to develop and purchase two Qingdao Shipping Finance Center assets from the cruise port

According to the Zhitong Finance App, Qingdao Port (06198) announced that on December 19, 2025, the Company signed an Asset Purchase Agreement I with Cruise Port Development. The Company plans to purchase 2-7 floors and 14-15 floors (target asset I) of the Shipping Finance Center Tower A from the cruise port at a consideration of RMB 286 million. On the same day, Container Development Company, a wholly-owned subsidiary of the Company, signed an Asset Purchase Agreement II with Cruise Port Development. The Container Development Company plans to purchase 2-5 floors (target asset II) of the Shipping Finance Center Tower B from the cruise port at a consideration of RMB 79.5093 million.

The Company and the Container Development Company develop and purchase the underlying assets from the cruise port, which is a normal commercial act. The purchased assets are close to the company's main business location and will be used for daily work, helping to improve the office environment, enhance corporate image, and meet the Group's long-term plans.

Since the target asset is located at No. 6 Gangqing Road, Shibei District, Qingdao City, Shandong Province, and has elements such as superior geographical location, excellent construction quality, and convenient transportation, this transaction will help improve customer service levels, help high-quality business development, and meet customer service needs for high-end port and shipping services.