Tianjin Port Development Secures RMB4.73 Million Quay Crane Renovation Contract
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Tianjin Port Development Holdings Ltd.'s subsidiary, Pacific International Co, has signed two renovation agreements with Jinan Heavy Equipment Co for quay crane projects, valued at RMB4.73 million. These agreements involve the Quay Crane Automatic Lubrication System and Electrical Control System upgrades. Jinan Heavy Equipment Co is a subsidiary of Tianjin Port Group Co, the controlling shareholder. The transactions are considered connected transactions under Hong Kong Stock Exchange rules.
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