Tangshan Port Group: Jiantou Transportation boosts stake to nearly 10%
Hebei Jiantou Transportation Investment Co., Ltd. (Jiantou Transportation), a shareholder holding over 5% of Tangshan Port Group, has increased its stake in the company. As of September 4, 2025, Jiantou Transportation acquired 94.81 million shares through centralized bidding on the Shanghai Stock Exchange, representing 1.60% of Tangshan Port Group's total share capital. The total value of these acquisitions amounted to 386.21 million yuan.
This latest move brings Jiantou Transportation's total shareholding in Tangshan Port Group to 575.48 million shares, or 9.71% of the company’s total capital. The increase is part of a previously announced plan from March 1, 2025, where Jiantou Transportation aimed to increase its holdings by 250 million yuan to 500 million yuan within 12 months.
Jiantou Transportation plans to continue with the remaining shareholding increase plan, utilizing both bank credit and its own funds. The company acknowledges potential risks, including market fluctuations or insufficient funds, which could affect the full implementation of the plan.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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