Tianjin Port Development (03382) plans to acquire 40% equity of Alliance International Company for 723 million RMB, increasing its shareholding to 100%.

Zhixin Finance APP news, Tianjin Port Development (03382) announced that on September 25, 2025, Tianjin Port Corporation (a subsidiary of the Company) entered into agreements with APM Tianjin International Company and PSA China Company respectively to transfer APM shares and PSA shares. Tianjin Port Corporation agreed to purchase shares from APM Tianjin International Company and PSA China Company, while APM Tianjin International Company and PSA China Company agreed to sell shares to Tianjin Port Corporation, representing 20% of the total shares of the Alliance International Company held by each party (i.e. a total of 40% of the shares of the Alliance International Company). The respective prices were approximately 362 million yuan, with a total price of approximately 723 million yuan.