On September 26, Gelonhui announced that Qingdao Port (601298.SH) intends to issue shares and pay cash to acquire 100% equity of Rizhao Port Oil Pier Co., Ltd. held by Shandong Port Rizhao, 50.00% equity of Rizhao Sihua Crude Oil Pier Co., Ltd., 53.88% equity of Shandong United Energy Pipeline Transport Co., Ltd. held by Shandong Port Yantai Port Co., Ltd., and 51.00% equity of Shandong Gangyuan Pipeline Logistics Co., Ltd., and to raise supporting funds through inquiry issuance of shares (referred to as "this transaction").
On September 26, 2024, the company received a notice from the Shanghai Stock Exchange entitled "Notice of Acceptance of Application for Issuance of Shares for Acquisition of Assets and Fundraising by Qingdao Port International Co., Ltd." (SSE Review (M&A Reorganization) [2024] No. 25). The Shanghai Stock Exchange checked the application documents for the issuance of shares to acquire assets and raise supporting funds submitted by the company according to relevant regulations, considered that the application documents were complete and in compliance with legal requirements, and decided to accept them for review in accordance with the law.
