Marine Ports and Services(IN40255.SH)

Qingdao Port Tightens Control of Joint Venture Ganglianhai Logistics in Connected Deal

Qingdao Port International Co Ltd (HK:6198) has announced the consolidation of Ganglianhai Logistics into its financial statements after revising the latter’s Articles of Association. This change enhances control by Qingdao Port Logistics, which, along with COSCO Logistics, holds 50% equity in Ganglianhai. The new voting arrangements grant Qingdao Port Logistics effective decision-making power, making Ganglianhai a subsidiary. This transaction is classified as connected under Hong Kong’s Listing Rules but does not require a shareholder vote due to its small size. Analysts rate the stock as a Buy with a target price of HK$8.00.

BBWPORT's wholly-owned subsidiary, Sanya Wharf, plans to invest approximately CNY 11.403 billion to construct a 300,000-ton wharf project at Fangchenggang Port. Meanwhile, another subsidiary, Shawei Wharf, intends to build two 200,000-ton bulk cargo berths in the Beihai Port area, with a total estimated investment of CNY 4.212 billion

The Shanghai Cooperation Organization (Lianyungang Port) International Logistics Park will achieve a record high in logistics volume in 2025

In 2025, the logistics volume of the Shanghai Cooperation Organization (Lianyungang Port) International Logistics Park is expected to reach 84.3588 million tons, a year-on-year increase of 13.52%. The container throughput is expected to reach 677,000 TEUs, a year-on-year increase of 4.48%, both setting historical highs

Rizhao Port Jurong Shareholders Unanimously Approve Governance Overhaul at EGM

Rizhao Port Jurong Co. Ltd. held an extraordinary general meeting on December 30, 2025, where shareholders unanimously approved significant corporate governance changes. Approximately 74.9% of issued shares were represented, and all directors attended. The approved changes include amendments to the Articles of Association, abolition of the Supervisory Committee, and new rules for shareholder and board meetings. This strong support may enhance decision-making efficiency and board oversight. The current analyst rating for the stock (HK:6117) is a Hold with a price target of HK$1.00.

Rizhao Port Jurong Files Director List with HKEX

Rizhao Port Jurong Co. Ltd. has submitted an updated director list to the Hong Kong Stock Exchange. The board is led by non-executive chairman Mr. Zhou Tao, with executive director Mr. Chen Zhou as an employee representative. Other non-executive directors include Mr. Seow Kok Leong Terence, Ms. Tien Siew Wan, Mr. Jin Feng, and Ms. Liu Rong. Independent directors are Mr. Zhang Zixue, Mr. Lee Man Tai, and Mr. Wu Xibin. Key committee memberships are outlined, with Mr. Lee chairing the Audit Committee and Mr. Zhang chairing the Remuneration Committee.