Zhitong Finance App News, Qingang Co., Ltd. (03369) issued an announcement. On October 20, 2026, the Company and Hebei Port Group Co., Ltd. signed a “Share Acquisition Intent Agreement” (Intent Agreement), agreeing that the Company plans to issue A shares and pay cash to purchase 25% of the shares of Tangshan Caofeidian Industrial Port Co., Ltd. (Caofeidian Industrial) held by Hebei Port Group, and 28.23% of the shares of SDIC Caofeidian Port Co., Ltd. (Caofeidian Industrial) Quan, Queen of Tangshan Dian Coal Port Service Co., Ltd. (Caofeidian Coal) has 6% equity (proposed acquisition).
The transaction price will be determined by mutual agreement based on the evaluation results contained in the evaluation report issued by an asset evaluation agency that complies with the provisions of the “Securities Law of the People's Republic of China” and filed by the competent authority. The specific plan of the proposed acquisition shall be agreed upon by the parties to the transaction separately signing a formal agreement.
Hebei Port Group is a limited liability company established in China on August 28, 2002. It is a state-owned enterprise in Hebei Province. Its main business covers port operations, modern logistics, investment and operation, and park economy. Hebei Port Group is the controlling shareholder of the Company. As of the date of this announcement, it directly held 58.27% of the Company's shares.
In view of the fact that the proposed acquisition is still in the planning stage, there is uncertainty. In order to ensure fair disclosure of information, protect investors' rights and interests, and avoid significant impact on A-share prices, the Company's A shares (abbreviation: Qingang Shares, stock code: 601326) will be suspended on the Shanghai Stock Exchange from the opening of the market on the morning of October 21, 2026 (Wednesday). It is expected that trading will be suspended for no more than ten days. While A-share trading is suspended, the Company's H shares listed on the Stock Exchange will continue to be traded.