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LongbridgeAI

Xiamen Port Authority: Plans to acquire 70% equity in a terminal company, revision explanation of the restructuring report

Zhitong
Oct 23, 2025 at 11:49 AM

Xiamen Port Authority announced that the company plans to issue shares and pay cash to acquire 70% equity of Xiamen Container Terminal Group from Xiamen International Port Authority, and to raise funds from specific targets. On September 26, 2025, the company received an inquiry letter from the Shenzhen Stock Exchange and, after responding with the intermediary institutions, revised the restructuring report disclosed on September 23. The main revisions include supplementary explanations, updating the issuance price and other data based on the 2025 semi-annual dividend distribution, supplementing impairment compensation commitments, and addressing measures to resolve industry competition, with no substantial impact on the transaction plan

Source: Zhitong The copyright of this article belongs to the original author/organization.

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