On September 20, 2024, rizhao port jr (06117.HK) announced that the company has entered into a construction agency contract with rizhao port co., ltd. in accordance with which, the company agrees to engage rizhao port co., ltd. to provide construction management services for the Warehouse No. 8 project.

Rizhao port co., ltd. will provide construction management services for the Warehouse No. 8 project, including engineering tendering and bidding management; quality, progress, safety, eco-friendly concept, investment control, and contract management during the implementation phase of the project; completion settlement and acceptance management. The company shall pay rizhao port co., ltd. a management service fee of RMB 3,223,400.