Qingdao Port (06198.HK) increases capital in Gusheng Holdings by US$9.6 million in proportion to its shareholding.

date
29/10/2026
Zhitong Finance APP News, Qingdao Port (06198.HK) announced that on October 29, 2026 (after trading hours), Gusheng Holdings and its shareholder company's wholly-owned subsidiaries Qinggang Logistics and Qingdao Port Hong Kong Company, as well as Shandong Port Group, Overseas Group, Gangxin Yida, and the Trading Company entered into a capital increase agreement, pursuant to which the six shareholders intend to jointly inject US$30 million in cash into Gusheng Holdings in proportion to their existing shareholdings, with Qinggang Logistics and Qingdao Port Hong Kong Company contributing US$6.6 million and US$3 million respectively. Before completion of this capital increase, the Company indirectly held 32% equity interest in Gusheng Holdings through Qinggang Logistics and Qingdao Port Hong Kong Company, and its financial statements were not consolidated into the Group's consolidated financial statements. After completion of this capital increase, the Company's shareholding ratio in Gusheng Holdings will remain unchanged.