Ningbo Port: intends to acquire 100% equity of Zhoushan Port Comprehensive Bonded Area Wharf Limited Company held by the controlling shareholder Ningbo Zhoushan Port Group Co., Ltd. for 706 million yuan in cash.

Ningbo Port announced that it plans to acquire 100% equity of Zhoushan Port Comprehensive Bonded Zone Pier Co., Ltd., held by its controlling shareholder Ningbo Zhoushan Port Group Co., Ltd., for a transaction consideration of RMB 706 million in cash. The price represents a premium of RMB 127 million over the book value of the owner's equity of the Zhoushan Port Comprehensive Bonded Zone Pier Co., Ltd. as of September 30, 2025, which was RMB 579 million, with a premium rate of 21.99%.