---
title: "TSPGC plans to transfer 100% equity of Shanxi Logistics Company to focus on the development of its core port business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/228668743.md"
description: "TSPGC announced plans to transfer 100% equity of Shanxi Logistics Company to its controlling shareholder, Tangang Group, with an estimated value of approximately 50 million yuan. This move aims to optimize the operating structure, focus on the main port business, and enhance core competitiveness and profitability. After the transaction is completed, Shanxi Logistics Company will no longer be included in the consolidated financial statements"
datetime: "2025-02-18T09:38:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/228668743.md)
  - [en](https://longbridge.com/en/news/228668743.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/228668743.md)
generator: "portal-rs"
---

# TSPGC plans to transfer 100% equity of Shanxi Logistics Company to focus on the development of its core port business

According to the Zhitong Finance APP, Tangshan Port (601000.SH) announced that the company plans to transfer its 100% equity in Tangshan Port (Shanxi) Logistics Co., Ltd. (referred to as: Shanxi Logistics Company) to its controlling shareholder, Tangshan Port Industry Group Co., Ltd. (referred to as: Tanggang Group). This transaction uses October 31, 2024, as the assessment benchmark date. According to the asset appraisal agency's evaluation, the current estimated value of Shanxi Logistics Company is approximately 50 million yuan, and the final transfer price will be determined based on the filed asset appraisal value.

This transaction is beneficial for further optimizing the company's operational structure, better focusing on the development of the port's main business, enhancing the company's core competitiveness and overall profitability, and aligns with the company's development needs and the fundamental interests of all shareholders. After the completion of this transaction, Shanxi Logistics Company will no longer be included in the company's consolidated financial statements, which will lead to changes in the scope of the listed company's consolidated financial statements

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**