Gelonghui May 23 丨 Qingang Shares (601326)(03369blackjackgames.HK) AnnouncementblackjackgamesOn May 23, 2024, in order to better serve the main business of the company's port, Caofeidian Coal Port (a non-wholly owned subsidiary of the company) entered into an equity transfer agreement with Hebei Port Group, pursuant to which Caofeidian Coal Port agreed to sell, and Hebei Port Group agreed to acquire the underlying equity (i.e. the target company Tangshan Port (601000) Caofeidian Tugboat Co., Ltd. 18blackjackgames.03% equity), with a total cash consideration of RMB 147 million.
The target company is a limited liability company established in China. Its main businesses include: licensed projects: port operationsblackjackgames; general cargo transportation by water; domestic ship management business. General items: port cargo loading and unloading activities; ship leasing; ship towing services. As of the date of this announcement, Tangshan Caofeidian Industrial Port Co., Ltd., Caofeidian Port Group Co., Ltd., China Petrochemical Corporation and Caofeidian Coal Port hold 40.99%, 22.95%, 18.03% and 18.03% equity of the target company respectively. After the completion of the sale of the underlying equity, the company's associate company Tangshan Caofeidian Industrial Port Co., Ltd.(as of the date of this announcement, the company holds 35% of its equity) continues to hold 40.99% of the underlying company.
After the sale of the underlying equity is completed, the company will sell all tugboat business. Hebei Port Group will immediately integrate the resources of various business entities in the tugboat sector and implement unified planning and operation of the tugboat business needs of each port area, which can greatly improve the operating efficiency of the tugboat business and help better serve the company's main port business.
