Chongqing Port announcement, in order to avoid industry competition and promote the integration of port logistics resources, the company's wholly-owned subsidiary, Chongqing Port Wanzhou Company, intends to acquire 68% equity of Su Shang Company held by Wanzhou Port Group through a non-public agreement, with an acquisition price of 0.181 billion yuan. This transaction constitutes a related party transaction, but does not constitute a major asset restructuring. After the completion of the transaction, it can effectively avoid industry competition and improve the company's market competitiveness and sustainable development capabilities.
重庆港：子公司拟1.81亿元收购苏商公司68%股权
Chongqing Port: Subsidiary intends to acquire 68% equity of Su Shang Company for 0.181 billion yuan.
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