en.Wedoany.com Reported - Tianjin Port Co., Ltd. (referred to as "Tianjin Port", 600717.SH) issued an announcement on June 22, 2026, stating that the company plans to acquire 100% equity of Tianjin Port Second Container Terminal Co., Ltd. and 100% equity of Tianjin Port Huisheng Terminal Co., Ltd. held by Tianjin Port (Group) Co., Ltd. through the issuance of shares. This transaction constitutes a related party transaction, is not expected to constitute a major asset restructuring, and will not result in a change of the company's actual controller. The company's stock has resumed trading since the opening on June 23, 2026.
Tianjin Port Second Container Terminal Co., Ltd. and Tianjin Port Huisheng Terminal Co., Ltd. are both core terminal assets under the Tianjin Port Group. Tianjin Port is the largest comprehensive port in northern China and an important foreign trade gateway, with a cargo throughput exceeding 500 million tons and a container throughput exceeding 22 million TEUs in 2025. This asset acquisition is a key measure for Tianjin Port to deepen port resource integration and optimize asset structure. Through this transaction, Tianjin Port will further enhance its control over core terminal assets, improving port operational efficiency and profitability. Tianjin Port (Group) Co., Ltd. is the controlling shareholder of Tianjin Port, holding approximately 56% of its shares. After the completion of this transaction, Tianjin Port Group will remain the controlling shareholder of Tianjin Port.
In recent years, Tianjin Port has continuously advanced the construction of smart ports and green ports. Tianjin Port Second Container Terminal is an automated container terminal that employs advanced intelligent operating systems. This asset injection will further strengthen Tianjin Port's technical accumulation and scale advantages in the field of automated terminal operations. This transaction is still subject to approval by the company's shareholders' meeting.
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