Zhitong Financial App News, Ningbo Port (601018.SH) announced that the company plans to participate in the auction of 8.91% of Xinda Resources Limited (“Xinda”) listed and transferred by ZLCFH-Cayman International Investment Cooperation Limited through public delisting through a wholly-owned overseas subsidiary, Zhejiang Haigang (Singapore) Co., Ltd. (“Singapore Company”), and CPD Port Investment Co. , Limited listed and transferred 1.82% of Xinda's shares. If the transaction is successfully completed, the company will hold a total of 10.73% of Xinda's shares through the Singapore company and indirectly hold 10.73% of TCP Participações S.A. (“TCP”) shares.

After the transaction is completed, Ningbo Zhoushan Port and TCP can further encrypt the “Asia - South America” route network, improve service levels, and create efficient and stable logistics channels to ensure international supply chain security; link Ningbo Zhoushan Port's automobile roll-over, cross-border e-commerce and other businesses through TCP refrigerated boxes and logistics value-added services to provide end-to-end supply chain services for Zhejiang enterprises to explore the South American market, which will help further enhance the foreign trade competitiveness of Zhejiang enterprises; TCP, as the first Chinese-funded container terminal project in Latin America, can provide the company with an international operating platform and help accelerate the cultivation of overseas companies. Terminal investment and operation capacity.

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