According to the Zhitong Finance App, Xiamen Port (03378) announced the progress announcement of Xiamen International Port Co., Ltd. on merger matters.

On June 2, 2022, Xiamen International Port Co., Ltd. and Xiamen Port Investment and Operation Co., Ltd. signed an absorption and merger agreement. According to this, the company and the merger party will implement the merger in accordance with the terms and conditions of the merger agreement.

According to the announcement, the absorption and merger of the equity change design has been reviewed and approved by the company's shareholders' meeting and the H-share category shareholders' meeting attended by the company's independent H-share shareholders.