Tianjin Port Development (03382) subsidiary materials company plans to sell 100% of the shares in the import company for 5.3516 million yuan

According to Zhitong Finance App, Tianjin Port Development (03382) issued an announcement. On December 29, 2025, the materials company (a subsidiary of the company) signed an equity transfer contract with Dongjiang International Trade Company. The materials company agreed to sell and Dongjiang International Trade Company agreed to buy 100% of the shares of the importing company at a cost of approximately RMB 5.3516 million.

After the sale is completed, the Company will no longer indirectly hold any shares in the importing company, and the importing company will no longer be a subsidiary of the Company.

The sale helps the Group focus on core business, invest management resources and business focus in core areas such as port handling logistics, further enhance the core competitiveness and continuous operation quality of its main business, help the Group accelerate the construction of a world-class green smart hub port, enhance long-term core competitiveness and profit quality, and conform to the Group's overall development plan and the overall interests of the Company and shareholders.