Gelonhui September 28 丨 Qingang Co., Ltd. (03369.HK) announced that recently, the State-owned Assets Supervision and Administration Committee of the Hebei Provincial People's Government and the Tangshan Municipal People's Government have issued approvals, agreeing that Caofeidian State Control Investment Group Co., Ltd. will transfer 100% of its shares in Caofeidian Port Group Co., Ltd. free of charge to Hebei Port Group. Furthermore, Hebei Port Group transferred 100% of Caofeidian Port Group's shares and recently completed the registration procedure for industrial and commercial changes.
So far, Hebei Port Group has transferred 100% of the shares of Tangshan Port Industrial Group Co., Ltd., 100% of the shares of Caofeidian Port Group, 25% of Tangshan Caofeidian Industrial Port Co., Ltd., 24% of SDIC Caofeidian's shares, 25% of Huaneng Caofeidian's shares, and 6% of Tangshan Caofeidian Coal Port Co., Ltd.'s 6% shares through free transfers.