Shanghai International Port Group strengthens governance with updated policies

Shanghai International Port Group has updated its Related Party Transaction Management System, effective October 30, 2025. This revision strengthens oversight of transactions between the company, its subsidiaries, and affiliates, ensuring fairness and transparency. The updated policy establishes thresholds for various transaction types, requiring independent director approval and, for larger amounts (over 30 million yuan and 5% of net assets), shareholder approval.

Concurrently, SIPG implemented an Insider Information Disclosure Management System and an Insider Information Registrant Management System. These systems, also effective October 30, 2025, aim to prevent insider trading by mandating strict confidentiality, controlled information flow, and detailed registration of individuals with access to sensitive data.

Further enhancing its financial oversight, SIPG also introduced a revised Management Measures for the Use of Bond Funds and an updated Articles of Association, both effective October 30, 2025. The bond fund management measures dictate strict adherence to intended use, prohibit certain financial investments, and establish rigorous approval processes for changes in fund allocation. The new Articles of Association provide an overarching framework for these governance enhancements.