According to the Zhitong Finance App, Qingdao Port (06198.HK) announced that Guanxing Investment, COSCO SHIPPING Port Investment and Wanbang Investment will jointly list the underlying shares on the Industrial Exchange and intend to transfer 70% of their total shares in the target company (Qingdao Port Dongjiakou Ore Terminal Co., Ltd.) through public listing. The Company intends to participate in the bidding and anticipates that in the event of a successful bid, it will enter into a property transaction contract with the transferor for the shares in the subject of the acquisition. Once the potential acquisition is completed, the target company will become a wholly-owned subsidiary of the Company and included in the Group's consolidated financial statements.

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