Tianjin Port (600717.SH) subsidiary plans to list and transfer 60% of its equity stake in China Railway Logistics.

Zhtng cijng APP xn, Tinjn gng (600717.SH) fb gnggo, wi yuhu zchn jigu, yuxio zhng h zyun, gngs qunz zs tinjn gng wli fzhn yuxin gngs (jinchng "wli fzhn") n zi Tinjn chnqun jioy zhngxn gu pi zhuanrng su chd de Tinjn zhng ti chyn yuxin gngs (jinchng "zhng ti chyn") 60% gqun, Tinjn zhng ti chyn yuxin gngs de gdng qun y pngg jizh wi 3754.05 wn yun, bnc zhunrng 60% gqun gu pi jig wi 2252.43 wn yun. According to the Zhtng cijng APP, Tianjin Port (600717.SH) has announced that in order to optimize its asset structure and effectively integrate resources, its wholly-owned subsidiary Tianjin Port Logistics Development Co., Ltd. (referred to as "Logistics Development") intends to list and transfer 60% of the equity it holds in Tianjin China Railway Storage Transportation Co., Ltd. (referred to as "China Railway Storage Transportation") on the Tianjin Property Exchange. The assessed value of the total equity of Tianjin China Railway Storage Transportation Co., Ltd. is 37.5405 million yuan, and the listing price for the transfer of 60% of equity is 22.5243 million yuan.