The transfer of 339 million shares of state-owned equity of Shanghai Port Group has been completed.
On September 4, 2025, Shanghai Group received a notification letter from Jiu Shi Group, informing them that the transfer of state-owned equity of Shanghai Group to Jiu Shi Group had been completed, with the transfer date being September 3. On June 27 of this year, the two parties signed an agreement, with Jiu Shi Group transferring 339 million shares held by International Group free of charge, and this matter has been approved by the Shanghai State-owned Assets Supervision and Administration Commission. After the transfer, Jiu Shi Group's shareholding ratio has increased to 6.69%, while International Group's has decreased to 1.08%. This transfer will not change the company's largest shareholder and controlling shareholder. Jiu Shi Group has committed not to reduce its shareholding within 12 months.
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