Qinhuangdao Port (03369.HK) plans to acquire equity in four port companies; A-shares suspended
Zhito Finance APP News: Qinhuangdao Port (03369.HK) announced that on October 20, 2026, the Company entered into an Equity Acquisition Letter of Intent Agreement (the Letter of Intent Agreement) with Hebei Port Group Co., Ltd. (Hebei Port Group), pursuant to which the Company intends to issue A-shares and pay cash to acquire from Hebei Port Group a 25% equity interest in Tangshan Caofeidian Industrial Port Co., Ltd. (Caofeidian Industrial), a 24% equity interest in SDIC Caofeidian Port Co., Ltd. (SDIC Caofeidian), a 28.2328% equity interest in Huaneng Caofeidian Port Co., Ltd. (Huaneng Caofeidian), and a 6% equity interest in Tangshan Caofeidian Coal Port Co., Ltd. (Caofeidian Coal) (the Proposed Acquisition).
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