Zhitong Finance App News, Qingdao Port (06198) announced that it plans to purchase 100% of the shares of Rizhao Port Oil Terminal Co., Ltd. held by Shandong Port Rizhao Port Group Co., Ltd., 50.00% of the shares of Rizhao Shihua Crude Oil Terminal Co., Ltd. and 67.56% of the shares of Yantai Port Co., Ltd. held by Shandong Port Yantai Port Group Co., Ltd., 60.00% of the shares of Yantai Port Group Laizhou Port Co., Ltd. and Shandong United Energy Pipeline Transportation Co., Ltd. 53.88% of the shares, 64.91% of Yantai Port and Shipping Investment and Development Co., Ltd., 100% of the shares in Yantai Port Operation Guarantee Co., Ltd., and issued shares through an inquiry to raise supporting capital (hereinafter referred to as the “transaction”). This transaction constitutes a related transaction. It is expected to constitute a major asset restructuring and not a restructuring listing.
As of the date of this announcement, the company and all parties concerned are proceeding with the work related to this transaction in an orderly manner. Subsequent companies will promptly fulfill their information disclosure obligations in strict accordance with the provisions and requirements of relevant laws and regulations in accordance with the progress of this transaction.