Yantian Port (000088.SZ) plans to invest 3.788 billion yuan in the construction of Phase I of the Shenzhang Port Affairs Terminal project.

Zhito Finance APP News, Yantian Port (000088.SZ) announced that the company plans to use its wholly-owned subsidiary Shenzhang Port (Jiangsu) Port Affairs Co., Ltd. (hereinafter referred to as "Shenzhang Port Affairs Company") as the investment entity to build a modern port at the Zhangjiagang Port Area in Suzhou, namely the Shenzhang Port Affairs Terminal Phase I Project at the Metallurgical Industrial Park Operation Area of the Zhangjiagang Port Area of Suzhou Port (hereinafter referred to as the "Shenzhang Port Project"), creating a river-sea intermodal hub integrating port loading and unloading, logistics and warehousing, business services, and multimodal transport, with a total project investment of approximately 3.788 billion yuan.